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Market News

Location American Market News for 26 October 2012
Eastman Chemical (EMN) announced that it earned $154 million, or 99 cents per share, for the most recent quarter versus net income of $174 million, or $1.22 per share, in the same quarter last year. Total revenue increas...
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Daily Wrap: 10/26/2012

Forbes - 27 Oct 2012 01:05
It was a mixed day on Wall Street, despite a better than expected economic growth report.
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Weekly Market Wrap: October 26, 2012

Forbes - 27 Oct 2012 01:03
This forty third trading week of 2012 comes to a close with investors assessing a busy week of earnings reports that were largely disappointing.
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Consumer Sentiment Index Rises

Forbes - 26 Oct 2012 23:29
The University of Michigan's index of October consumer sentiment increased to to 82.6 from 78.3 last month, the highest since September of 2007. Falling gas prices contributed to the better outlook, as well as a lower un...
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Harford Financial Services (HIG) maintained its quarterly dividend of 10 cents per share. The dividend is payable on January 2, 2013, to shareholders of record at the close of business on December 3, 2012.
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Comcast Announces Earnings

Forbes - 26 Oct 2012 22:54
Comcast (CMCSA) announced that net income more than doubled in the third quarter, helped by the sale of wireless spectrum to Verizon Wireless (VZ) and its stake in the A&E TV channel to Disney (DIS) and Hearst. The compa...
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Expedia's Booked For $62 On Hotel Business And International Markets Robust growth in hotel bookings, an expanding presence in the international market and increasing mobile application downloads are factors that helped Expedia post solid quarterly growth despite the global economic slowd...
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5 Places For Your Cash Instead Of Money Markets & Treasurys EverBank World Markets of St. Louis, Mo. recommends these alternative fixed income investments instead of U.S. money market accounts or even long term Treasury bonds that pay under 2.2% interest.
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Analyst Moves: BEN, STJ

Forbes - 26 Oct 2012 22:13
Franklin Resources (BEN) was downgraded by Morgan Stanley (MS) to equal weight with a price target of $146 as the firm believes the stock to be fully valued, having risen by 31% this year.
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Forbes Earnings Preview: Rowan Companies

Forbes - 26 Oct 2012 22:11
Expectations have dropped for Rowan Companies' (RDC) third quarter results in the month leading up to the company's earnings announcement slated for Wednesday, October 31, 2012. The consensus analyst estimate has dropped...
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Optimism surrounds Harman International Industries (HAR), as it gets ready to report its first quarter results on Wednesday, October 31, 2012. Analysts are expecting the company to book a profit of 78 cents a share, up f...
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Optimism surrounds Fortress Investment Group (FIG), as it gets ready to report its third quarter results on Wednesday, October 31, 2012. Analysts are expecting the company to book a profit of 11 cents a share, up from 8 ...
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Forbes Earnings Preview: Ralph Lauren

Forbes - 26 Oct 2012 22:10
Analysts are looking for decreased profit for Ralph Lauren (RL) when the company reports its results for the second quarter on Wednesday, October 31, 2012. Ralph Lauren reported profit of $2.46 a year ago, but the consen...
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Forbes Earnings Preview: Time Warner Cable

Forbes - 26 Oct 2012 22:09
Leading up to Time Warner Cable's (TWC) announcement of its third quarter earnings on Wednesday, October 31, 2012, analysts have become more bullish as expectations have improved over the past month from $1.39 per share ...
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Forbes Earnings Preview: Vulcan Materials

Forbes - 26 Oct 2012 22:09
Analysts expect Vulcan Materials (VMC) to rally after a loss of -13 cents a year ago. Profits for the company, which will report its third quarter earnings on Wednesday, October 31, 2012, are expected to come in at 17 ce...
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Forbes Earnings Preview: NRG Energy

Forbes - 26 Oct 2012 22:09
Wall Street is high on NRG Energy (NRG), expecting it to report earnings that are up 23.3% from a year ago when it reports its third quarter earnings on Wednesday, October 31, 2012. The consensus estimate is 53 cents per...
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Forbes Earnings Preview: General Motors

Forbes - 26 Oct 2012 22:09
Analysts have become increasingly bearish on General Motors (GM) in the month leading up to the company's third quarter earnings announcement scheduled for Wednesday, October 31, 2012. The consensus analyst estimate has ...
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Forbes Earnings Preview: Clorox

Forbes - 26 Oct 2012 22:09
Analysts expect decreased profit for Clorox (CLX) when the company reports its first quarter results on Wednesday, October 31, 2012. Although Clorox reported profit of $1.01 a year ago, the consensus estimate calls for e...
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Forbes Earnings Preview: Unum

Forbes - 26 Oct 2012 22:05
Unum (UNM) reports its third quarter earnings on Wednesday, October 31, 2012.
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Forbes Earnings Preview: Murphy Oil

Forbes - 26 Oct 2012 22:04
In the month leading up to the Murphy Oil's (MUR) third quarter earnings announcement slated for Wednesday, October 31, 2012, expectations have risen for the upcoming results. The consensus analyst estimate has gone from...
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Forbes Earnings Preview: SCANA

Forbes - 26 Oct 2012 22:04
SCANA (SCG) reports its third quarter earnings on Wednesday, October 31, 2012.
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Lexmark International Incorporated (LXK) maintained its quarterly dividend of 30 cents per share. The dividend is payable on December 14, 2012 to shareholders of record as of the close of business on November 30, 2012.
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