We have mixed news on economic data today. New orders of durable goods decreased 4% MoM in January after seasonal adjustment, lower than the 3.2%...
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Strong Consumer Confidence with Weak Durable Goods
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March 3 2012, 12:32am | Comments »
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Analyst Moves: LOW, MSI
Lowe’s (LOW) was upgraded by Morgan Stanley (MS) to equal weight from underweight, as the firm expects higher earnings in the coming quarters,...
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March 2 2012, 11:32pm | Comments »
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Apple Hits $500 Billion
Apple hits the highest market cap in the world today with news on the iPad 3 announcement.
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March 2 2012, 10:32pm | Comments »
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Fed Says No QE3
The Federal Reserve does not expect QE3 right now, at least not until late 2014.
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March 2 2012, 9:32pm | Comments »
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Friday 3/2 Insider Buying Report: BLK, CVC
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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March 2 2012, 8:32pm | Comments »
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Friday 3/2 Insider Buying Report: BLK, CVC
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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March 2 2012, 8:17pm | Comments »
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Friday Sector Leaders: Advertising, Airlines
In trading on Friday, advertising shares were relative leaders, up on the day by about 1.2%. Leading the group were shares of Focus Media Holding...
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March 2 2012, 7:17pm | Comments »
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What’s In The News: March 1, 2012
This is what’s in the news for Thursday March 1, 2012. The Wall Street Journal reports Royal Bank of Scotland Group (NYSE:RBS) is close to...
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March 2 2012, 6:17pm | Comments »
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Tata Motors and Its Bet on Air Powered Cars
If you aren’t familiar with Tata Motors (NYSE: TTM), allow me to introduce them to you. Founded in 1945, today Tata Motors is India’s biggest...
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March 2 2012, 5:19pm | Comments »
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The Wendy’s Company Reports Better-Than-Anticipated Results, Reaffirms EBITDA Guidance
The Wendy’s Company (NASDAQ:WEN) reported Q4 EPS of $0.04, ex-items, topping consensus estimates by $0.02. The results are the same as what...
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March 2 2012, 5:17pm | Comments »
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Methode Electronics Bested Q3 Estimates, Rose 9.7% Year-Over-Year
Methode Electronics (NYSE:MEI) reported Q3 EPS of $0.11, beating analyst estimates of $0.02 per share. Revenues for the quarter rose 9.7%...
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March 2 2012, 4:17pm | Comments »
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Kenneth Cole Productions Tops Estimates For Q4, Rose 8.6% Year-Over-Year
Kenneth Cole Productions (NYSE:KCP) reported Q4 EPS of $0.43, better than analyst estimates of $0.28 per share. Revenues for the quarter rose 8.6%...
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March 2 2012, 12:17pm | Comments »
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Vanguard Natural Beats Estimates And Offers Production Guidance
Vanguard Natural (NYSE:VNR) reported Q4 EPS of $0.76, vs. estimates of $0.53.The company reported Q4 distribution per unit of 58.75 c, up 4.9%...
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March 2 2012, 9:17am | Comments »
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Windows 8 Looks To Leverage PC Coverage For Mobile OS
Windows 8 (NASDAQ:MSFT), while late to join the game, could leverage its almost monopoly among PCs to compete for mobile operating system (OS) market...
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March 2 2012, 6:17am | Comments »
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CVR Energy Board Rejects Carl Icahn’s Bid
CVR Energy’s (NYSE:CVI) Board of Directors urges its holders to reject the Carl Icahn’s $30 per share bid, saying it substantially...
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March 2 2012, 5:17am | Comments »
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Initial Jobless Claims Fall More Than Expected to Lowest Level Since March 2008
The Labor Department reported today jobless claims dropped to the four-year low, adding to economists’ views that the economy is turning...
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March 2 2012, 4:17am | Comments »
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IBM and HP Lost Server Market Share to Dell
IBM and HP both lost market share in server sales to Dell in the 4th quarter of 2011. The flood in Thailand interrupted their hard-disk drive...
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March 2 2012, 2:17am | Comments »
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GM Competes with Lexus in Luxury Cars
General Motors has high hopes for its new Cadillac model and expects the sales to more than double compare to its older models from the same line. GM...
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March 2 2012, 1:17am | Comments »
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Analyst Moves: WES, VRSK
Western Gas Partners (WES) today had its estimates raised by Credit Suisse (CS), with a price target of $48 set, as the company has been experiencing...
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March 2 2012, 12:17am | Comments »
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In Barcelona: Intel Taps Smartphone Market
Intel CEO Paul Otellini caught everyone by surprised on Monday night at the Mobile World Congress in Barcelona by presenting a top end smartphone....
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March 1 2012, 11:17pm | Comments »