Market News

Safeway Incorporated (SWY) maintained its quarterly dividend of 17.5 cents per share. The dividend will be payable on December 31 to shareholders of record on December 17.

Men's Warehouse (MW) announced that it earned $48.8 million, or 98 cents per share, versus $39.9 million, or 77 cents per share in the same period last year. Revenue increased by 8% to $630.97 million. Analysts had expec...

Lululemon (LULU) announced that net income increased to $57.3 million, or 39 cents per share, versus $38.8 million, or 27 cents per share, in the same period last year. Revenue increased by 37 percent to $316.5 million, ...

Stryker Corporation (SYK) announced its quarterly dividend of 26.5 cents per share, an increase of about 24% over its prior dividend in September of 21.3 cents. The dividend will be paid on January 31, 2013 to shareholde...

Mednax (MD) had its estimates and price target increased by Piper Jaffray (PJC) due to the Medicare rate parity. An overweight rating was issued with a $91 price target.

Citigroup reckoned News Corp could bid again for the broadcaster.

Freeport-McMoran (FCX) was downgraded by Deutsche Bank (DB) to hold from buy with a price target of $40, as the recent acquisitions represent a strategic shift, and are very dilutive.

Picture yourself trying to cross a road. It's a two-lane city street with a clearly marked crosswalk and traffic lights. It's broad daylight, traffic is light.

By: Gordon Wilcox

AutoZone (AZO) was downgraded by Oppenheimer (OPY) from outperform to perform with a price target of $400 due to recent sales weakness.

The data hounds at SunGard’s Astec Analytics unit track securities lending statistics as a window into short-selling activity, and their latest figures show interesting trends in two stocks that have been rallying...

American Residential Properties announced today that it intends to file a registration statement relating to the proposed initial public offering of its common stock. The company intends to use the proceeds of the propos...

Wall Street is high on Dollar General (DG), expecting it to report earnings that are up 20% from a year ago when it reports its third quarter earnings on Tuesday, December 11, 2012. The consensus estimate is 60 cents per...

I have known for some while now that much of the growth in the world is no longer coming from countries with advanced economies like the United States.  What I did not know however is just how far emerging and develop...

In trading on Thursday, asset management shares were relative leaders, up on the day by about 1.5%. Leading the group were shares of Epoch Holding (EPHC), up about 26.8% and shares of Federated Investors (FII) up about 0...

In trading on Thursday, apparel stores shares were relative laggards, down on the day by about 0.8%. Helping drag down the group were shares of Vera Bradley (VRA), down about 8.6% and shares of Mens Wearhouse (MW) down a...

H&R Block (HRB) announced that it lost $105.2 million, or 29 cents per share, in the most recent fiscal quarter, versus a loss of $141.7 million, or 47 cents per share, in the same period last year. Revenue increase by 6...

The blue-chip index traded above the psychologically important level.

Writing on the Wall: Investors might be anticipating a big year-end finish for Facebook, but they shouldn't forget all the challenges still facing the stock, writes David Weidner.

The SEC is scrutinizing "gatekeepers"—the consultants, financiers, auditors and others who helped give Chinese companies access to U.S. capital markets—as part of its continuing probe of accounting question...

Canadian bankers haven't been shy about seizing on the global financial crisis, snapping up assets from U.S. and European peers scrambling to raise cash. None have done so as aggressively as Rick Waugh, CEO of Bank of No...

Guar beans, used in hydraulic fracturing, was the hot crop in India last year. Now farmers there are in trouble after the market collapsed.