Market News
Daily Wrap: 11/6/2012
Forbes - 7 Nov 2012 00:51
Stocks extended their gains on this election day as investors consider the impact of the outcome of the presidential election on the markets.
NYSE Euronext Cuts Key Growth Target; Stock Slides
Wall Street Journal - 7 Nov 2012 00:47
Third-quarter net income at the operator of the New York Stock Exchange and four European stock markets tumbled 42%, hit by lackluster trading volumes.
Analyst Moves: WCC, XL
Forbes - 7 Nov 2012 00:46
Wesco International (WCC) had its price target increased by Oppenheimer (OPY) to $80 with an outperform rating as margins at the company have been strong.
Bowleven shares buoyed by Petrofac deal
Telegraph - 7 Nov 2012 00:20
The companies will work together on a key project in Cameroon.
Coeur d'Alene's CEO 'Not Pleased' With 3Q Results But Says 'Issues Are Short Term'
Forbes - 7 Nov 2012 00:12
By Alex Létourneau of Kitco New
Daily Dividend Report: KOP, POOL, AGII, OTTR, EMR
Forbes - 6 Nov 2012 23:24
Koppers Holdings Incorporated (KOP) maintained its quarterly dividend of 24 cents per share. The dividend is payable January 7, 2013, to stockholders of record as of the close of business on November 19, 2012.
In Sandy's Wake, Demand Worries Over Gasoline
Wall Street Journal - 6 Nov 2012 23:03
Some traders are betting that gasoline futures prices will continue to fall as the effects of the storm linger.
Apple: What The Chart-Watcher Who Called The Drop To $574 Thinks Now
Forbes - 6 Nov 2012 22:52
Just about a month ago, with Apple shares down almost 10% from their $705.07 peak, Rich Ross predicted the stock would test its 200-day moving average for the first time in nearly a year.
China's Sinopec Moves Into Small U.S. Town
Wall Street Journal - 6 Nov 2012 22:20
An arm of state-controlled Sinopec is planning to build an advanced facility in Medicine Bow, Wyo. The unlikely location is the next phase of China's advance into the U.S. energy market.
Freddie Mac Swings to Profit
Wall Street Journal - 6 Nov 2012 22:08
Freddie Mac reported a $2.9 billion third-quarter profit on Tuesday, offering the latest evidence that the company has turned the corner after several years of large losses.
Daily Dividend Report: ENR, NYX, CSL, SLH, PL
Forbes - 6 Nov 2012 21:38
Energizer Holdings Incorporated (ENR) maintained a dividend of 40 cents per share. The dividend is payable on December 12, 2012 to all shareholders of record as of the close of business on November 20, 2012.
Tuesday Sector Leaders: Sporting Goods & Activities, Vehicle Manufacturers
Forbes - 6 Nov 2012 20:56
In trading on Tuesday, sporting goods & activities shares were relative leaders, up on thE day by about 1.9%. Leading the group were shares of Cedar Fair (FUN), up about 3.9% and shares of Town Sports International Holdi...
Analyst Moves: NVDA, Z
Forbes - 6 Nov 2012 20:54
NVIDIA (NVDA) had its estimates lowered by UBS (UBS) today as weakness in the PC market will negatively impact earnings for the fourth quarter. A buy rating was issued with a $16.50 price target.
Forbes Earnings Preview: Ameren
Forbes - 6 Nov 2012 20:12
In the month leading up to the Ameren's (AEE) third quarter earnings announcement slated for Friday, November 9, 2012, expectations have risen for the upcoming results. The consensus analyst estimate has gone from $1.37 ...
Forbes Earnings Preview: Covidien
Forbes - 6 Nov 2012 20:12
In spite of an expected dip in profit, most analysts are positive about Covidien (COV) before it reports its fourth quarter earnings on Friday, November 9, 2012.
Forbes Earnings Preview: J.C. Penney
Forbes - 6 Nov 2012 20:11
Analysts are predicting grim results for JC Penney (JCP) when the company releases its third quarter numbers on Friday, November 9, 2012. They are expecting the company to take a loss of -5 cents a share after J.C booked...
Happy Returns Ahead In Stocks Whether It's Obama Or Romney
Forbes - 6 Nov 2012 20:06Thumbs Up For 2 Defense Stocks
Forbes - 6 Nov 2012 19:26Analyst Moves: CMG, USM
Forbes - 6 Nov 2012 19:00
Chipotle (CMG) was upgraded by Bank of America/Merrill Lynch (BAC) to buy from neutral with a price target of $320, as the current price provides investors with an attractive entry point after the share price has fallen ...
Babylon Files Registration Statement for Proposed IPO
Forbes - 6 Nov 2012 18:43
Babylon, a global provider of translation software solutions and Internet search services, announced that it has filed a registration statement with the SEC for a proposed IPO of its ordinary shares in the United States....
Countdown To Election 2012: The Homestretch
Forbes - 6 Nov 2012 18:36
Scenes from the final days of the campaign trail.
Ferrari chief probes performance
CNN - 6 Nov 2012 18:35
Ferrari president Luca di Montezemolo has demanded answers from the Italian team after Spanish driver Fernando Alonso missed the chance to steal a march on championship leader Sebastian Vettel at Sunday's Abu Dhabi Grand...