Apple’s blowout quarter this week increased its cash holdings to almost $100 billion, a staggering amount that casts a spotlight on what may...
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Flush with Corporate Cash – Screams ‘Buy’ for Investors
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February 4 2012, 10:30pm | Comments »
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Deutsche Bank Targets Distressed Assets
The Financial Times reported that Deutsche Bank is preparing to launch a fund to snap up investors’ illiquid or damaged holdings in hedge funds...
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February 4 2012, 8:30pm | Comments »
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Gap Reports Better Than Anticipated Preliminary Results
Gap (NYSE:GPS) reported preliminary Q4 EPS of $0.41 – $0.42, beating estimates of $0.35 per share. Revenues in the quarter came in at $4.28...
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February 4 2012, 4:15pm | Comments »
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Allergan Reports Inline Results And Gives Mixed Guidance
Allergan (NYSE:AGN) reported Q4 EPS of $1.00, inline with estimates. Revenues came in at $1.4 billion, which was also inline with estimates as...
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February 4 2012, 2:15pm | Comments »
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Green Mountain Coffee Shares Rise After Posting Top Earnings
Green Mountain Coffee (NASDAQ:GMCR) shares rose Thursday morning after the company announced quarterly earnings on Wednesday. The company reported Q1...
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February 4 2012, 12:15pm | Comments »
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NYSE Euronext, Deutsche Boerse End Business Deal
NYSE Euronext (NYSE:NYX) and Deutsche Boerse announced today that they were ending their yearlong merger push, in the light of the decision by the...
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February 4 2012, 10:15am | Comments »
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Hewlett-Packard Announces Recall of Over 1 Million Fax Machines Due To Fire and Burn Hazards
Hewlett-Packard (NYSE:HPQ) issues a voluntary recall of 928,000 HP fax 1040 and 1050 machines in th eU.S. and 240,000 of the same machines in Canada...
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February 4 2012, 9:00am | Comments »
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Amazon Launches Junglee.com In India
Amazon.com (NASDAQ:AMZN) has launched a new site in India, Jungalee.com, which is a watered-down version of its global shipping portal.The site...
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February 4 2012, 7:00am | Comments »
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Central Bank of Nigeria Holds Policy Rate at 12.00%
The Central Bank of Nigeria maintained its monetary policy interest rate at 12.00%. The Bank also held the cash reserve ratio at...
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February 4 2012, 1:00am | Comments »
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Central Bank of Egypt Holds Rate at 9.25%
The Central Bank of Egypt held its overnight deposit rate unchanged at 9.25%, and the overnight lending rate at 10.25% and 7-day repo at...
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February 4 2012, 12:49am | Comments »
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Czech National Bank Holds Interest Rate at 0.75%
The Ceska Narodni Banka held the two-week repurchase rate at 0.75% as expected, and kept the discount rate unchanged at 0.25% and Lombard...
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February 4 2012, 12:28am | Comments »
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Central Bank of Kenya Holds Interest Rate at 18.00%
The Central Bank of Kenya kept its benchmark lending rate steady at 18.00%, and held the Cash Reserve Ratio at 5.25%. The central...
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February 4 2012, 12:08am | Comments »
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Analyst Moves: RIMM, ANF
Research in Motion (RIMM) was downgraded today by Jefferies (JEF) to underperform from hold with a price target of $15 price target, ad the company...
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February 3 2012, 11:45pm | Comments »
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Daily Dividend Report: SPG, PEP, ADM, WYNN, PRE
Simon Property Group (SPG) announced its quarterly dividend of 95 cents per share, an increase of about 6% over its prior dividend in November of 90...
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February 3 2012, 10:30pm | Comments »
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Friday Sector Leaders: General Contractors & Builders, Home Furnishings & Improvement Stocks
In trading on Friday, general contractors & builders shares were relative leaders, up on the day by about 4%. Leading the group were shares of M...
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February 3 2012, 9:30pm | Comments »
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Facebook Salaries Revealed
With Facebook’s IPO, their S1 filing revealed a lot of interesting,never before known information that has been now been made public. Andthat...
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February 3 2012, 8:30pm | Comments »
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Earnings Wrap: EL, AON
Estee Lauder (EL) announced that quarterly profit increased to $396.7 million, or $1.00 per share, up from $343.9 million, or 86 cents per share, in...
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February 3 2012, 7:15pm | Comments »
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Thursday 2/2 Insider Buying Report: ETFC, LBAI
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock,...
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February 3 2012, 1:45am | Comments »
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Analyst Moves: BEN, CMG
This morning, UBS raised its price target on shares of Franklin Resources (BEN) to $113 per share as funds are flowing in at a faster rate that...
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February 2 2012, 9:30pm | Comments »
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Beazer Homes USA Reports Profit; M/I Homes, A Net Loss
This morning Beazer Homes USA (BZH) reported net income of $0.7 million, or diluted earnings per share of $0.01 versus a loss in the first quarter of...
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February 2 2012, 8:30pm | Comments »