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Location American Market News for 7 December 2012
Asymmetric Investing In a Battlefield Market The ETF fee war rages on, and that's great news for do-it-yourself investors. Charles Schwab is reportedly in talks with the major exchange-traded fund providers to offer the already inexpensive funds commission-free, Re...
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KMG Chemicals Announces Earnings

Forbes - 7 Dec 2012 22:47
KMG Chemicals (KMG), a provider of specialty chemicals, announced that net sales were $65.3 million, down 8.7% from the comparable quarter in fiscal 2012, reflecting reduced volumes within the wood treating chemicals bus...
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Analyst Moves: MPEL, LULU

Forbes - 7 Dec 2012 22:38
Melco Crown Entertainment (MPEL) was upgraded by JPMorgan (JPM) to neutral from overweight with a price target of $20, as the current stock price provides investors with an attractive entry point.
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Apple's Profit To Fall For The First Time In 9 Years In Q4, Financials To Shine It’s going to be an ugly fourth quarter earnings season in the U.S., with tech-giant Apple expected to post its first profit decline in nine years.  Furthermore, profit growth estimates for the S&P 500 have bee...
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Hip-Hop's Wealthiest Artists 2012

Forbes - 7 Dec 2012 21:52
Hip-Hop's Wealthiest Artists 2012 With a combined net worth of $1.5 billion, these five rap moguls all have a chance to become billionaires.
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Zynga Applies For A Gambling License And Eyes New Revenue Stream The agreement with Synacor will enable its users to access Zynga’s web page and play its games and use its platform and this service will start in 2013.
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5 Ken Fisher Buys

Forbes - 7 Dec 2012 21:50
5 Ken Fisher Buys Staying on-phase in markets is impossible for most folks most of the time--because they make it too complicated. What do I mean by "on-phase"? Being in synch with the market cycles.
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Analyst Moves: CRM, NBL

Forbes - 7 Dec 2012 21:28
Salesforce.com (CRM) had its price target increased by Citigroup (C) due to an improved fourth quarter outlook. A buy rating was issued.
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Quick, somebody check Jack Welch's Twitter. Conspiracy theorists this morning received fresh fodder from another set of whacky employment figures.
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Thomas Cook shares climb on City's backing

Telegraph - 7 Dec 2012 20:02
Thomas Cook shares climb on City's backing Investors chased the travel group higher during today's trading.
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Retirees Looking For Investment Income Should Try AT&T And Chevron, Among Others David R. Reiser, CFP, Family Wealth Director, Senior Vice President Wealth Management, Morgan Stanley Wealth Management
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F1 supremo Bernie Ecclestone believes seven-time Michael Schumacher made a mistake by coming out of retirement in 2010 to spend three largely unsuccessful seasons with Mercedes.
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Dividends' Unintended Consequences

Forbes - 7 Dec 2012 19:37
Dividends' Unintended Consequences There are three unintended consequences on dividend stocks and dividend investors being caused by the uncertainty of 2013 tax rates.
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Analyst Moves: AET, IR

Forbes - 7 Dec 2012 19:20
Aetna (AET) was upgraded by JPMorgan (JPM) from neutral to overweight with a price target of $53 due to new guidance that suggests better earnings following the closing of the CVH deal.
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Prologis Incorporated (PLD) maintained its quarterly dividend of 28 cents per share. The dividend will be payable on December 28, 2012 to common stockholders of record at the close of business on December 17, 2012.
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Charts in Play Picks & Pans

Forbes - 7 Dec 2012 18:13
Charts in Play Picks & Pans Against the backdrop of a better-than-expected Non-Farm Payroll report this morning, MoneyShow’s Tom Aspray conducts a review of the Charts in Play portfolio, with updated recommendations.
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Too Big Too Fail Is The Real Culprit Troubling Main Street The Wall Street Journal recently published an op-ed, "Tagging the Taxpayer", which criticized banks for their support of the Transaction Account Guarantee (TAG) program, claiming it is funded at the taxpayer’s exp...
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In trading on Friday, general contractors & builders shares were relative leaders, up on the day by about 1%. Leading the group were shares of Hovnanian Enterprises (HOV), up about 5.9% and shares of Homex Development (H...
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In trading on Friday, rental, leasing, & royalty shares were relative laggards, down on the day by about 1%. Helping drag down the group were shares of Interdigital (IDCC), down about 3% and shares of ECA Marcellus Trust...
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Smith & Wesson, G-III Announce Earnings

Forbes - 7 Dec 2012 15:54
Smith & Wesson (SWHC) announced that it earned $21.2 million, or 31 cents per share, versus a loss of $1.6 million, or 2 cents per share, in the same period last year due to costs associated with a part of the business i...
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U.S. Defies Gloomy Forecast: 146K New Jobs In Nov., Joblessness Down To 7.7% Growth in the nation's labor market far exceeded forecasts last month, a signal that businesses are proving resilient through the disruption caused by Superstorm Sandy, the monster hurricane that punished the Ea...
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M&S dips as Goldman turns negative

Telegraph - 7 Dec 2012 12:51
M&S dips as Goldman turns negative The retailer was one of the FTSE 100's biggest fallers today.
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