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Market News

Location American Market News for 7 November 2012
In other dividend news, Anadarko Petroleum Corporation (APC) maintained its quarterly dividend of 9 cents per share. Allstate Corporation (ALL) maintained its quarterly dividend of 22 cents per share. Waste Management In...
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Prospect Capital Corporation (PSEC) maintained its monthly dividend of 10.1675 cents per share. The dividend has a record date of November 30, 2012 and a payment date of December 20, 2012.
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Goodrich Petroleum Announces Earnings

Forbes - 8 Nov 2012 00:59
Goodrich Petroleum (GDP) announced that net income fell by 10 percent to $10.9 million, or 30 cents per share, from $12.1 million, or 33 cents per share, a year ago for the quarter that ended on September 30. Revenue was...
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Kelly Services Announces Earnings

Forbes - 8 Nov 2012 00:45
Staffing company Kelly Services (KELB) announced that profit and revenue dropped during the third quarter as weak economic conditions and a tough job market persisted. Net income was $16.6 million, or 43 cents per share,...
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Oil and Gasoline Inventories Increase

Forbes - 8 Nov 2012 00:13
The U.S. Energy Information Administration announced today that gasoline and crude oil inventories moved up during the week ended on November 2. Commercial crude oil inventories increased by 1.8 million barrels to 374.8 ...
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Analysts pick beneficiaries of Obama victory

Telegraph - 8 Nov 2012 00:09
Analysts pick beneficiaries of Obama victory Pearson could be a winner from the Democrats' election success.
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DirecTV's LatAm Party Continues As U.S. Business Gets Back On Track Strong subscriber growth in Latin America and moderate growth in the U.S. primarily driven by the average revenue per user (ARPU) increase were the highlights of DirecTV’s recently released Q3 2012 earnings. As...
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Equity Lifestyle Properties Incorporated (ELS) maintained its quarterly dividend of 43.75 cents per share. The dividend will be paid on December 31, 2012 to holders of record at the close of business on December 10, 2012...
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Analyst Moves: DRH, ESRX

Forbes - 7 Nov 2012 21:01
Diamond Rock Hospitality (DRH) was downgraded by Goldman Sachs from neutral to sell with a price target of $7.75, as the company has exposure to very difficult markets.
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Forbes Earnings Preview: D.R. Horton

Forbes - 7 Nov 2012 20:47
Wall Street is expecting higher profit for D.R. Horton (DHI) when the company reports its fourth quarter results on Monday, November 12, 2012. The consensus estimate is calling for profit of 28 cents a share, a rise from...
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Forbes Earnings Preview: Beazer Homes USA

Forbes - 7 Nov 2012 20:47
Beazer Homes USA (BZH) is expected to book a narrower loss than a year ago when it reports fourth quarter earnings on Monday, November 12, 2012 with analysts expecting a loss of $1.11 per share, up from a loss of $2.35 p...
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Pumped Up Oil Stocks

Forbes - 7 Nov 2012 20:35
Pumped Up Oil Stocks Relief over the US election result was short-lived as investors turned their attention to the fiscal cliff. However, MoneyShow’s Tom Aspray highlights some picks in the energy patch that could be flashing buy sign...
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Barack Obama: Markets tumble following election Global stock markets, which initially greeted re-election of Barack Obama by creeping higher, have reversed amid fears over 'fiscal cliff' and fresh concerns over the European economy.
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The strangest race in F1 history?

CNN - 7 Nov 2012 16:01
If you were a Formula One fan who attended the U.S. Grand Prix at Indianapolis in 2005, it could be argued you witnessed one of the strangest races in motorsport history.
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Investors push FTSE 100 higher on Obama election The FTSE 100 hit its highest level since mid-October in early trading this morning, hours after Barack Obama made his victory speech in Chicago.
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What's Gone Wrong With H-P?

Wall Street Journal - 7 Nov 2012 08:49
Hewlet-Packard's stock is trading near 10-year lows and the tech giant is in the middle of yet another restructuring. A look at H-P's problems, and how CEO Meg Whitman plans to fix them.
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Tokyo Station Survives Push to Modernize

Wall Street Journal - 7 Nov 2012 07:29
Tokyo Station, completed in 1914, is one of the few significant examples of early 20th century architecture left in Tokyo, let alone Japan.
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Madoff Recoveries Increase

Wall Street Journal - 7 Nov 2012 07:03
More than half of investors' funds have been recovered nearly four years after Bernard Madoff's arrest for running the biggest Ponzi scheme ever.
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Tokyo Pulls Out of Post-Bubble Slump

Wall Street Journal - 7 Nov 2012 06:41
The Tokyo real-estate market is showing signs of recovery, but industry participants say it won't go back to the heyday of the 1980s bubble era.
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McGraw-Hill in Talks to Sell Unit to Apollo

Wall Street Journal - 7 Nov 2012 05:57
McGraw-Hill is in exclusive discussions to sell its education unit to Apollo Global Management, and the two sides could reach an agreement within a few weeks, people familiar with the matter said.
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Goldman Partners Pocket $22 Million

Wall Street Journal - 7 Nov 2012 04:54
Business is tough at Goldman Sachs, but the past is paying off: More than 30 executives, including CEO Lloyd Blankfein, recently cashed in stock options awarded in the afterglow of the company's IPO in 1999.
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French Banks Try Some U.S. Medicine

Wall Street Journal - 7 Nov 2012 04:40
In a shift, French banks are embracing a practice popular in the U.S. What is raising eyebrows is that it involves the creation of financial instruments that led to huge losses not so long ago.
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