Market News

Stocks gained modestly on bargain hunting following last week's post election slide. One of those apparent bargains was BB&T (BBT), which was upgraded by Bank of America/Merrill Lynch. The analyst said a 15% pullback in ...

Democrats view tax reform as starting from Clinton-era tax rates in 2013 on the upper-income and lowering tax rates back to Bush-era rates from 2012, in exchange for limiting deductions. In their view, that does not viol...

British regulators are looking into allegations that some of the country's biggest utilities have manipulated the U.K. physical natural gas markets.

Beazer Homes (BZH) reported that it lost $66.2 million, or $2.82 per suare, versus $43.2 million, or $2.91 per share, in the same period last year. Revenue increased by $370.9 million from $334.9 million.

Defence and aerospace manufacturer Cobham was a casualty of US spending cuts after warning that they would cause its revenues to fall in 2013.

JC Penney (JCP) was downgraded by Credit Suisse (CS) to underperform from neutral with a price target of $15 as management has been trying to turn the business around but does not yet have a strategy that has proven itse...

Arch Coal (ACI) was upgraded by BMO (BMO) due to improving met coal fundamentals. A market perform rating was issued with an $8 price target.

Avista Corporation (AVA) maintained its quarterly dividend of 29 cents per share. The common stock dividend is payable Dec. 14, 2012, to shareholders of record at the close of business on Nov. 29, 2012.

You are not alone if you’re thinking 2013 might be a bleak year for investment opportunities. Investors around the globe are on the edge of their seats and the U.S. stock market is emotional, especially now, with ...

Homebuilder D.R. Horton (DHI) announced that quarterly profit was nearly triple that versus the same period last year due to increased sales and better margins. Net income was $100.1 million, or 30 cents per share, versu...

I am sure the numbers being reported regarding individual investors rushing into high yield bond funds are true. However, I am not sure the correct facts are being circulated. The main narrative that has been repor...

Eric Mancini, CFP, Director of Investment Research & Financial Advisor, Traphagan Financial Group

Analysts are looking for decreased profit for Dell (DELL) when the company reports its results for the third quarter on Thursday, November 15, 2012. Dell reported profit of 54 cents a year ago, but the consensus estimate...

Wall Street is expecting higher profit for Wal-Mart Stores (WMT) when the company reports its third quarter results on Thursday, November 15, 2012. The consensus estimate is calling for profit of $1.07 a share, a rise fr...

Wall Street is optimistic about Ross Stores (ROST), which is slated to report its third quarter results on Thursday, November 15, 2012. Analysts project a profit of 72 cents a share, a rise from 63 cents per share a year...

Since August 14, 2012 Sears Holdings' (SHLD) stock has risen 13.3% to close at $62.51 on November 9, 2012. Sears looks to keep the momentum going when it reports third quarter earnings on Thursday, November 15, 2012.

Analysts have become increasingly bullish on Gap (GPS) in the month leading up to the company's third quarter earnings announcement scheduled for Thursday, November 15, 2012. The consensus earnings per share estimate has...

Optimism surrounds Helmerich & Payne (HP), as it gets ready to report its fourth quarter results on Thursday, November 15, 2012. Analysts are expecting the company to book a profit of $1.24 a share, up from $1.09 a year ...

Expectations have dropped for Dollar Tree's (DLTR) third quarter results in the month leading up to the company's earnings announcement slated for Thursday, November 15, 2012. The consensus analyst estimate has dropped f...

Analysts expect decreased profit for GameStop (GME) when the company reports its third quarter results on Thursday, November 15, 2012. Although GameStop reported profit of 39 cents a year ago, the consensus estimate call...

Wall Street is expecting lower profit for Applied Materials (AMAT) when the company reports its fourth quarter results on Thursday, November 15, 2012. Analysts are expecting earnings per share of 3 cents after the compan...

Intuit (INTU) is expected to book a narrower loss than a year ago when it reports first quarter earnings on Thursday, November 15, 2012 with analysts expecting a loss of 17 cents per share, up from a loss of 18 cents per...