Market News
Wednesday 11/14 Insider Buying Report: STRA, MTGE
Forbes - 15 Nov 2012 01:13
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
Wednesday 11/14 Insider Buying Report: VRTU, CBR
Forbes - 15 Nov 2012 01:12
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
Sandy May Cost Insurers Up to $25 Billion
Wall Street Journal - 15 Nov 2012 01:02
Sandy may cost the insurance industry up to $25 billion, according to a new estimate that provides the largest potential price tag for the storm so far.
Staples Announces Earnings
Forbes - 15 Nov 2012 00:36
Staples (SPLS) announced that earnings for the third quarter increased by 10.4% to $3.62, beating analyst estimates by one cent. Revenue fell by 3.3% to $6.35 billion, while analysts had expected revenue of $6.45 billion...
Cisco Shares Deeply Undervalued As U.S. Spending Returns And Margins Stabilize
Forbes - 15 Nov 2012 00:34GameStop Earnings: Focus On Used Game Sales And Digital Revenues
Forbes - 15 Nov 2012 00:33Starbucks to Acquire Teavana
Forbes - 15 Nov 2012 00:26
Shares of Atlanta based Teavana (TEA) are soaring after Starbucks (SBUX) announced plans to acquire the company. The coffee giant will expand to Teavana's 300 mall based locations, and add additional stores outside of ma...
Three IPOs Delayed Due To Weak Market Conditions
Forbes - 15 Nov 2012 00:07
Three companies announced on Wednesday that they are postponing their initial public offerings, citing weak market conditions due to the post election sell off.
Retail Sales Slip
Forbes - 14 Nov 2012 23:58
The Commerce Department reported today that retail sales were lower by 0.3 percent, the first drop after three months of gains. Sales at auto dealers fell by 1.5 percent. Reasons for the drop included cautious spending a...
Daily Dividend Report: ZION, RNR, GDI, SMG, JCI
Forbes - 14 Nov 2012 23:47
Zions Bancorporation (ZION) maintained its quarterly dividend of 1 cent per share. The dividend is payable on November 29, 2012 to shareholders of record as of November 23, 2012.
Analysts eye potential takeover targets
Telegraph - 14 Nov 2012 23:21
Broker Nomura said funding conditions could spur more deals.
Obama Triumph Puts Stocks On Crash Course With Bear Market
Forbes - 14 Nov 2012 23:10Analyst Moves: CSCO, JEC
Forbes - 14 Nov 2012 23:02
Cisco (CSCO) had its numbers raised by Citigroup (C) after the announcement of a strong quarter. A $21 price target was set.
Daily Dividend Report: CLX, JWN, CMA, MWV, SYY
Forbes - 14 Nov 2012 22:38
Clorox Company (CLX) maintained its quarterly dividend of 64 cents per share. The dividend is payable February 15, 2013, to stockholders of record as of January 23, 2013.
Grab This Bargain Even Cheaper Than Chief Executive Officer Hecht Did
Forbes - 14 Nov 2012 22:15Snatch This Bargain 4.1% Yield Dividend Stock Even Cheaper Than Director Marcy Did
Forbes - 14 Nov 2012 22:14CBS' Thicker Margins Help But Revenue Growth Will Move The Stock
Forbes - 14 Nov 2012 22:01Analyst Moves: HD, DISH
Forbes - 14 Nov 2012 21:33
Home Depot (HD) had its numbers increased by UBS (UBS) as the improving housing market should add to earnings. A buy rating was issued with a $70 price target.
Analyst Moves: JCP, WFT
Forbes - 14 Nov 2012 21:22
JC Penney (JCP) was downgraded by JP Morgan (JPM) to neutral from overweight with a price target of $20, as the company's situation has a great likelihood of worsening rather than improving.
Daily Dividend Report: CTL, L, STI, CPB, NTRS
Forbes - 14 Nov 2012 20:49
Centurylink Incorporated (CTL) maintained its quarterly dividend of 72.5 cents per share. The dividend is payable on December 21, 2012, to shareholders of record on December 11, 2012.
Wednesday Sector Leaders: Manufacturing, Apparel Stores
Forbes - 14 Nov 2012 19:43
In trading on Wednesday, manufacturing shares were relative leaders, up on the day by about 1.8%. Leading the group were shares of Kior (KIOR), up about 17.1% and shares of Sierra Wireless (SWIR) up about 7.3% on the day...
Wednesday Sector Laggards: Precious Metals, Rental, Leasing, & Royalty Stocks
Forbes - 14 Nov 2012 19:42
In trading on Wednesday, precious metals shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of Iamgold (IAG), down about 15.5% and shares of Sandstorm Gold Limited Ord (...