Market News

Pandora projected slower revenue growth and red ink in the current quarter, triggering a 19% plunge in the shares of the Internet radio company.

Internet radio company Pandora (P) announced that revenue was $120 million during the third quarter, and profits were slightly more than $2 million, or five cents per share. Revenue was 60% higher than the same period la...

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.

A handful of better than expected economic reports kept the Dow and S&P in positive territory while the Nasdaq was impacted by Apple's (AAPL) decline.

Outdoor equipment maker Toro (TTC) announced that it earned $251,000 for the most fiscal quarter, breaking even on a per share basis. In the same period last year, the company earned $5 million, or 8 cents per share. Rev...

The department said orders for durable goods, manufactured products expected to last three years or more, rose 0.5 percent instead of being flat as reported last week.

AT&T (T) had its estimates and price target reduced by Citigroup (C) through 2013 as the company is investing heavily in network upgrades which will negatively impact the bottom line in the near term. A buy rating was is...

As investors dump Pandora stock after the company delivered a strong third quarter but missed on guidance, analysts are still considering the stock a buy.  Uncertainty surrounding the fiscal cliff affects the online r...

Darden Restaurants (DRI) was downgraded by Jefferies (JEF) from buy to hold with a price target of $47 due to weak same store sales.

Eaton Vance Corporation (EV) maintained its quarterly dividend of 20 cents per share. The quarterly dividend will be paid December 20 to shareholders of record on December 17. The company also a special dividend of $1 wh...

Gold has had a lackluster year despite some pretty favorable conditions, and on Wednesday, Goldman Sachs called the end of the yellow metal?s decade-long rally.  But maybe you should take a page from George Costanza?s...

The Government has ruled out the introduction of 100-year gilts after the idea was largely rejected by the investment industry.

Would it help output to have the Occupy folks harvest corn?

Market enthusiasm seems weary at best, despite the various asset classes taking their cue from an upbeat overnight Asian session. Some encouraging remarks from the new Chinese leader, Xi Jinping overnight, about his own ...

VeriFone (PAY) was upgraded by UBS (UBS) from neutral to buy with a price target of $39 as the current stock price provides investors with a favorable risk/reward.

Adtran (ADTN) was downgraded by Citigroup (C) to neutral from sell with a price target of $12.50 due to changes in its wireless access business that will negatively impact earnings.

Bill Priest is the Chief Executive Officer and Co-Chief Investment Officer at Epoch Investment Partners. He is also a portfolio manager for Epoch?s global equity investment strategies and leads the Investment Policy Grou...

Paccar Incorporated (PCAR) maintained its quarterly dividend of 20 cents per share. The dividend is payable on March 5, 2013, to stockholders of record at the close of business on February 15, 2013. The company also decl...

WhiteHorse Finance (WHF) announced today the pricing of the IPO of 6,666,667 shares of its common stock at a public offering price of $15.00 per share, raising $100 million in gross proceeds. In addition, the Company has...

In trading on Wednesday, oil & gas exploration & production shares were relative leaders, up on the day by about 2.1%. Leading the group were shares of Mcmoran Exploration (MMR), up about 75.5% and shares of Plains Explo...

In trading on Wednesday, home furnishings & improvement shares were relative laggards, down on the day by about 3%. Helping drag down the group were shares of Mattress Firm Holding (MFRM), off about 22.1% and shares of S...

The pound and gilts held steady during the Autumn Statement.