Market News
Top 10 Strategic Technology Trends For 2013
Forbes - 20 Nov 2012 15:59
Gartner's list of the top tech trends of next year.
Talk of Abramovich bid for Capital & Counties
Telegraph - 20 Nov 2012 01:45
Capital & Counties was a talking point as the stock market posted its best one-day gain of the year.
Daily Wrap: 11/20/12
Forbes - 20 Nov 2012 23:55
The markets held onto gains earlier in the day but reversed course after investors were discouraged by remarks from Fed Chairman Ben Bernanke regarding the fiscal cliff.
Analyst Moves: A, INTC
Forbes - 20 Nov 2012 22:23
Agilent Technologies (A) had its numbers reduced by Citigroup (C) due to weaker guidance. A buy rating was issued with a $43 price target.
Daily Dividend Report: NM, FDEF, IHC, CRRC, TSN
Forbes - 20 Nov 2012 22:13
Navios Maritime Holdings Incmars (NM) maintained its quarterly dividend of 6 cents per share. The dividend is payable on January 4, 2013 to stockholders of record as of December 18, 2012.
NY AG Strikes Again, Sues Credit Suisse On Mortgage Securities Fraud
Forbes - 20 Nov 2012 22:10Analyst Moves: SIVB, URBN
Forbes - 20 Nov 2012 21:42
SVB Financial Group (SIVB) was upgraded by Citigroup (C) from neutral to buy with a price target of $63 as the stock has fallen with its peer group, though fundamentals remain strong.
InterContinental Hotels climbs on investor cash hopes
Telegraph - 20 Nov 2012 21:15
The hotel group was one of the FTSE 100's biggest risers.
Daily Dividend Report: BOBE, IRC, CHFC, FRED, HRL
Forbes - 20 Nov 2012 20:51
Bob Evans Farms Incorporated (BOBE) maintained its quarterly dividend of 27.5 cents per share. The dividend is payable on December 10, 2012, to shareholders of record at the close of business on November 26, 2012.
Analyst Moves: RIMM, WFM
Forbes - 20 Nov 2012 18:59
Research In Motion (RIMM) was upgraded by Jefferies (JEF) to underperform from hold with a price target of $10 due to strong carrier support for BB10.
Euro's Next Move In The Hands Of The Eurogroup
Forbes - 20 Nov 2012 18:58Analyst Moves: EMR, CLF
Forbes - 20 Nov 2012 18:51
Emerson (EMR) was downgraded by Oppenheimer (OPY) to outperform from perform with a price target of $53 due to a lack of catalysts to drive the price higher in the near term
Turkcell: Emerging Market Growth at Crisis European Prices
Forbes - 20 Nov 2012 18:43Overseas Markets Leading the Charge
Forbes - 20 Nov 2012 18:20Crude Retreats Below $89
Wall Street Journal - 20 Nov 2012 18:15
Crude-oil futures dropped amid diplomatic efforts to end the fighting in Gaza following a surge in the previous session to a one-month high.
Value Investing Getting Too Crowded? Another Golden Age Of Growth Investing Is On The Way
Forbes - 20 Nov 2012 18:10China, India And The Fear Trade Keep Gold Bull Breathing
Forbes - 20 Nov 2012 17:59Tuesday Sector Laggards: Music & Electronics Stores, Education & Training Services
Forbes - 20 Nov 2012 17:36
In trading on Tuesday, music & electronics stores shares were relative laggards, down on the day by about 2.2%. Helping drag down the group were shares of Best Buy (BBY), off about 9.3% and shares of Hhgregg (HGG) down a...
Tuesday Sector Leaders: General Contractors & Builders, Cigarettes & Tobacco Stocks
Forbes - 20 Nov 2012 17:31
In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 1.9%. Leading the group were shares of Hovnanian Enterprises (HOV), up about 4% and shares of Pultegroup (PHM) up...
HSBC's Ping An Approach
Wall Street Journal - 20 Nov 2012 16:17
HSBC has reached out to China's giant CIC sovereign-wealth fund as the bank seeks to sell a $9.28 billion stake in the country's second-largest insurance company.
Former UBS Trader Found Guilty
Wall Street Journal - 20 Nov 2012 15:55
Former UBS trader Kweku Adoboli was found guilty on two counts of fraud in connection with a $2.3 billion loss the Swiss bank suffered last year.
Best Buy Announces Earnings
Forbes - 20 Nov 2012 15:48
Best Buy (BBBY) announced that it lost $10 million, or 3 cents per share, in its third fiscal quarter, versus a profit of $156 million, or 42 cents per share, in the same period lat year. Excluding items, the company ear...