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Market News

Location American Market News for 25 October 2012
The Hershey Company (HSY) announced its quarterly dividend of 42 cents per share, an increase of about 11% over its prior dividend in August of 38 cents. The dividend is payable on December 14, 2012, to stockholders of r...
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Stocks Lurch to Small Gains

Wall Street Journal - 26 Oct 2012 01:54
Blue chips ended the day higher after seesawing between gains and losses, as investors tried to decipher middling readings on companies and the U.S. economy.
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Daily Wrap: 10/25/2012

Forbes - 26 Oct 2012 00:59
Stocks held onto gains this morning despite a mixed bag of economic reports, but the markets took a downturn on rumors of a U.S. downgrade by rating agency Fitch.
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Crispin Odey gambles on Man Group revival

Telegraph - 25 Oct 2012 22:47
Crispin Odey gambles on Man Group revival Odey Asset Management lifted its holding in the troubled group.
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Analyst Moves: EAT, EMC

Forbes - 25 Oct 2012 22:44
Brinker International (EAT) had its estimates reduced by UBS (UBS) due to softening trends in the industry. A $38 price target was issued with a buy rating.
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80 CEOs To Obama And Romney: Spending Cuts And Tax Hikes Unavoidable To Fix Deficit In a strong political statement from the private sector, more than 80 CEOs from major U.S. corporations penned a release urging Congress to get its act together and find a bipartisan solution to the coming fiscal cliff.�...
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Lexington Realty Trust's 6.50% Series C Preferred Stock Ex-Dividend Reminder On 10/29/12, Lexington Realty Trust's 6.50% Series C Cumulative Convertible Preferred Stock (NYSE: LXP.PRC) will trade ex-dividend, for its quarterly dividend of $0.8125, payable on 11/15/12. As a percentage of LXP.PRC's...
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PG&E Corp.'s 4.36% Redeemable 1st Preferred About To Put More Money In Your Pocket On 10/29/12, PG&E Corp.'s 4.36% Redeemable 1st Preferred (AMEX: PCG.PRI) will trade ex-dividend, for its quarterly dividend of $0.2725, payable on 11/15/12. As a percentage of PCG.PRI's recent share price of $24.65, this...
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Cash Dividend On The Way From PG&E Corp.'s 4.5% Redeemable 1st Preferred On 10/29/12, PG&E Corp.'s 4.5% Redeemable 1st Preferred (AMEX: PCG.PRH) will trade ex-dividend, for its quarterly dividend of $0.2812, payable on 11/15/12. As a percentage of PCG.PRH's recent share price of $24.20, this ...
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PG&E Corp.'s 5% Redeemable 1st Preferred Series A About To Put More Money In Your Pocket On 10/29/12, PG&E Corp.'s 5% Redeemable 1st Preferred Series A (AMEX: PCG.PRE) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 11/15/12. As a percentage of PCG.PRE's recent share price of $25.55...
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PG&E Corp.'s 5% Redeemable 1st Preferred Ex-Dividend Reminder On 10/29/12, PG&E Corp.'s 5% Redeemable 1st Preferred (AMEX: PCG.PRD) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 11/15/12. As a percentage of PCG.PRD's recent share price of $25.61, this di...
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Ex-Div Reminder for PG&E Corp.'s 5% 1st Preferred Non-Redeemable On 10/29/12, PG&E Corp.'s 5% 1st Preferred Non-Redeemable (AMEX: PCG.PRC) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 11/15/12. As a percentage of PCG.PRC's recent share price of $25.55, thi...
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PG&E Corp.'s 6% 1st Preferred Non-Redeemable Goes Ex-Dividend Soon On 10/29/12, PG&E Corp.'s 6% 1st Preferred Non-Redeemable (AMEX: PCG.PRA) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 11/15/12. As a percentage of PCG.PRA's recent share price of $30.62, this...
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Thompson Creek Metals' 6.50% tMEDS Ex-Dividend Reminder On 10/29/12, Thompson Creek Metals Co., Inc.'s 6.50% tMEDS (NYSE: TC.PRT) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 11/15/12. As a percentage of TC.PRT's recent share price of $16.17, this...
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New York Community Bancorp's Bifurcated Option Note Units Goes Ex-Dividend Soon On 10/29/12, New York Community Bancorp Inc.'s Bifurcated Option Note Unit SecuritiES/SM/(BONUSES/SM/) Units (NYSE: NYB.PRU) will trade ex-dividend, for its quarterly dividend of $0.75, payable on 11/1/12. As a percentag...
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Bank of America's 7% Capital Securities Ex-Dividend Reminder On 10/29/12, Bank of America Corp.'s 7% Capital Securities (NYSE: CFC.PRB) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 11/1/12. As a percentage of CFC.PRB's recent share price of $25.38, thi...
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BB&T's Series D Preferred Stock About To Put More Money In Your Pocket On 10/29/12, BB&T Corp.'s Series D Non-Cumulative Perpetual Preferred Stock (NYSE: BBT.PRD) will trade ex-dividend, for its quarterly dividend of $0.3656, payable on 11/1/12. As a percentage of BBT.PRD's recent share pri...
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Analyst Moves: IACI, WFM

Forbes - 25 Oct 2012 21:28
InterActiveCorp (IACI) today had its estimates and price target increased by Credit Suisse (CS) to $66 with an outperform ratings as the About.com purchase should have a positive impact on earnings.
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Analyst Moves: ATI, JPM

Forbes - 25 Oct 2012 21:11
Allegheny Technologies (ATI) was downgraded by JP Morgan (JPM) to neutral from overweight with a $29 price target due to oversupply in the stainless steel market.
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India may have hosted its first Formula One grand prix in 2011, but the sport's future on the sub-continent could be bleak according to one senior official.
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Forbes Earnings Preview: Dendreon

Forbes - 25 Oct 2012 20:09
Dendreon (DNDN) is expected to book a wider loss than a year ago when it reports third quarter earnings on Tuesday, October 30, 2012 with analysts expecting a loss of 83 cents per share, down from a loss of 67 cents per ...
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Forbes Earnings Preview: JDS Uniphase

Forbes - 25 Oct 2012 20:08
Despite an expected dip in profit, analysts are generally optimistic about JDS Uniphase (JDSU) as it prepares to reports its first quarter earnings on Tuesday, October 30, 2012.
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