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Market News

Location American Market News for 22 October 2012
Monster Looks Attractive For Risk-Tolerant Investors After FDA Reports Of 5 Deaths Monster Beverage shares lost more than 15% this afternoon, after a news report that five people may have died recently drinking the company's caffeine-laden energy drink.
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Forbes Earnings Preview: Ball

Forbes - 22 Oct 2012 17:55
Ball (BLL) reports its third quarter earnings on Thursday, October 25, 2012.
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Barney Frank: JPMorgan Doesn't Deserve To Be Sued The architect of post-crisis financial reform is siding with an unlikely ally: JPMorgan Chase.
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World Starting To See Big Bargains In Chinese Stocks With negative sentiment toward China reaching an extreme in recent months, patient investors have been rewarded with recent news of improving data from the Asian giant.
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Daily Wrap: 10/22/2012

Forbes - 23 Oct 2012 00:56
Shares are slipping again today following more mixed corporate earnings and uncertainty ahead of the presidential election. At 2 pm, the Dow was down .68%, the S&P was down .56% and the Nasdaq was fractionally lower by ....
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Peoples Bancorp (PEBO) announced that it earned $1.3 million, or 23 cents per diluted share, for the third quarter, up from $1 million, or 19 cents per share, in the same period last year. Assets totaled $1 billion as of...
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5 Bond Funds That Everyone Should Consider

Forbes - 22 Oct 2012 23:42
5 Bond Funds That Everyone Should Consider Have you been thinking about moving money from bond funds into stock funds? Wait. This idea is appealing when bond yields are low and the stock market is doing well.  However, we own bonds for when the stock mar...
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Advance Auto Lowers Estimates

Forbes - 22 Oct 2012 23:40
Advance Auto Parts (AAP) shares are lower after the company warned that third-quarter earnings per share will fall more than 14 percent. The company expects earnings per share to be $1.21 versus the $1.41 the company ear...
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SunTrust Announces Earnings

Forbes - 22 Oct 2012 23:29
SunTrust Banks (STI) announced that profit for the third quarter soared, mainly due to its sales of Coca-Cola (KO) shares.
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Earnings Wrap: BTU, LII

Forbes - 22 Oct 2012 23:02
Peabody Energy Corporation (BTU) announced that it earned 51 cents per share during the third quarter, beating estimates fo 34 cents. Earnings, were lower than last year's 90 cents per share, due to higher interest, amor...
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Third-Quarter Earnings Bellwethers To Watch

Forbes - 22 Oct 2012 22:50
Third-Quarter Earnings Bellwethers To Watch S&P Capital IQ says these 35 companies will offer a significant report card for Corporate America.
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Dating Sites Help IAC/Interactive Corp. Flirt With New Highs Shares of IAC/InterActive Corp. (IACI - Snapshot Report) gained significant momentum following its back-to-back acquisitions of About.com and DateHookup.com. This provider of e-commerce, media and web services delivered ...
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American Railcar Stock Rolling Towards New High American Railcar Industries Inc. (ARII - Snapshot Report) is expected to derive huge benefits from the booming U.S. freight railroad industry going forward. This leading manufacturer of covered hopper and tank railcars w...
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Hasbro Announces Earnings

Forbes - 22 Oct 2012 22:37
Hasbro (HAS) announced that third quarter results were mixed. Earnings per share fell by 2.4% to $1.24, beating analyst estimates by four cents. Sales, however, fell by 2.3% to $1.35 billion, missing estimates $1.38 bill...
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Earnings Wrap: CAT, VFC

Forbes - 22 Oct 2012 22:34
Caterpillar (CAT) announced on Monday that profits were higher due to record revenue and sales during the third quarter. The company earned $1.7 billion, or $2.54 per share, versus $1.1 billion, or $1.71 per share, in th...
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Bank Earnings: NWBI, BOH

Forbes - 22 Oct 2012 22:12
Northwest Bancorp (NWBI) announced that it earned $15.7 million during the third quarter, 6 percent lower than the same period last year. Earnings per share were 17 cents. Net interest income was lower by 1.5 percent fro...
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Fidessa update highlights market challenges

Telegraph - 22 Oct 2012 22:03
Fidessa update highlights market challenges The FTSE 250 group fell after reporting lower equity volumes.
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Analyst Moves: AOS, TXT

Forbes - 22 Oct 2012 21:51
AO Smith (AOS) today had its numbers increased by BMO (BMO) as the company has been seeing better growth of Lochinvar. A $61 price target was issued with a market perform rating.
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Analyst Moves: EW, PEG

Forbes - 22 Oct 2012 21:40
Edwards Lifesciences (EW) was downgraded by Citigroup (C) from buy to neutral with a price target of $95, as issues in the EU are likely to linger in the near term and affect earnings.
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Keep Your Eye on Asset Managers

Forbes - 22 Oct 2012 20:56
Keep Your Eye on Asset Managers Was Friday’s drop the start or the end of the correction? This week’s close will be important from a technical perspective, and MoneyShow’s Tom Aspray is focusing on one industry group that is clearl...
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Forbes Earnings Preview: CONSOL Energy

Forbes - 22 Oct 2012 18:18
Analysts have become increasingly bearish on CONSOL Energy (CNX) in the month leading up to the company's third quarter earnings announcement scheduled for Thursday, October 25, 2012. The consensus analyst estimate has m...
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Forbes Earnings Preview: Aetna

Forbes - 22 Oct 2012 18:17
In spite of an expected dip in profit, most analysts are positive about Aetna (AET) before it reports its third quarter earnings on Thursday, October 25, 2012.
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