Market News
Daily Wrap: 12/12/12
Forbes - 12 Dec 2012 23:58
The markets held onto gains after the Federal Reserve's latest policy announcement which ramped up its stimulus to the economy.
Harvard Bioscience Announces Filing of IPO Registration Statement for Harvard Apparatus Regenerative Technology
Forbes - 12 Dec 2012 23:57
Harvard Bioscience (HBIO), a global developer, manufacturer and marketer of a broad range of tools to advance life science research and regenerative medicine, announced that its wholly-owned subsidiary, Harvard Apparatus...
Why Stephen Schwarzman Hates Insider Trading
Forbes - 12 Dec 2012 23:28Focus: Fed Bond Buying Bullish For Gold Although Post-FOMC Bounce Modest
Forbes - 12 Dec 2012 22:48
(Kitco News)Â - Plans by the Federal Open Market Committee to ramp up its bond-buying program should be supportive for the gold market since it shows policy-setters remain committed to low interest rates and the U.S. d...
Analyst Moves: FMC, KEY, LVNTA, LAZ
Forbes - 12 Dec 2012 22:31
FMC (FMC) had its estimates and price target increased by Keybanc (KEY) as the company should be able to consistently grow during the next few years. A $71 price target was issued with a buy rating.
Analyst Moves: VOLC, DD
Forbes - 12 Dec 2012 22:07
Volcano (VOLC) was downgraded by Credit Suisse (CS) to neutral from outperform with a price target of $32, as the company has sold new debt, which may lead to acquisitions.
Daily Dividend Report: BDN, PNM, SSD, GGC, FCNCA
Forbes - 12 Dec 2012 22:01
Brandywine Realty Trust (BDN) maintained its quarterly dividend of 15 cents per share. The dividend is payable on January 18, 2013 to holders of record on January 4, 2013.
P.M. Kitco Metals Roundup: Gold Ends Firmer on Bullish Outside Market Forces, Friendly FOMC Outcome
Forbes - 12 Dec 2012 21:56
(Kitco News) - Comex gold futures prices were trading modestly higher and near the middle of the day’s trading range in afternoon trading Wednesday. Gold and silver got a boost from a weaker U.S. dollar index a...
888 Holdings climbs on Facebook agreement
Telegraph - 12 Dec 2012 21:41
888 kept dealers busy while wider market activity remained muted.
Daily Dividend Report: GIS, STJ, IFF, DNSN, SUSQ
Forbes - 12 Dec 2012 21:18
General Mills Incorporated (GIS) maintained its quarterly dividend of 33 cents per share. The dividend is payable on February 1, 2013, to shareholders of record January 10, 2013.
Treasurys Sink After Fed Decision
Wall Street Journal - 12 Dec 2012 21:03
Treasury prices tumbled after the Fed committed to more bond purchases.
Analyst Moves: ABM, AGCO
Forbes - 12 Dec 2012 20:47
ABM Industries (ABM) was upgraded at Keybanc (KEY) to buy from hold with a price target of $25 as expectations for the company have bottomed and the situation should only improve from here.
U.S. May Give Way on Swaps Rules
Wall Street Journal - 12 Dec 2012 20:21
The CFTC may temporarily narrow its definition of "U.S. persons" to give Wall Street and firms more time to adjust to U.S. rules, and regulators around the world more time to work out their differences.
FTSE 100 will surge 8pc in 2013, says LGIM
Telegraph - 12 Dec 2012 20:04
Investment manager says stocks will rise despite lacklustre growth.
QE4 Is Here: Bernanke Delivers $85B-A-Month Until Unemployment Falls Below 6.5%
Forbes - 12 Dec 2012 19:48Facebook Makes Nasdaq-100 Debut
Wall Street Journal - 12 Dec 2012 19:43
Facebook made a lackluster debut in the Nasdaq-100 Index, as stock in the social network tilted lower.
Do-It-Yourself Dividends From Total Return Investing
Forbes - 12 Dec 2012 19:3512 Safe Dividend Stocks For The Market Storm
Forbes - 12 Dec 2012 19:35
High-yielding dividend stocks for opportunistic investors.
Analyst Moves: EOG, JPM, PM, MO, USB
Forbes - 12 Dec 2012 19:12
EOG Resources Incorporated (EOG) maintained its quarterly dividend of 17 cents per share. The dividend is payable January 31, 2013, to stockholders of record as of January 17, 2013.
China Funds Gaining Favor on Growth Hopes
Wall Street Journal - 12 Dec 2012 19:07
While China's brightening economic outlook is luring new money into funds that focus on that country's stocks, many portfolio managers aren't yet fully convinced.
SolarCity Delays IPO, Lowers Expectations
Wall Street Journal - 12 Dec 2012 18:50
Solar-panel firm SolarCity will look to launch its IPO Thursday, a day later than anticipated, and at a share price well below earlier targets.
Wednesday Sector Leaders: Education & Training Services, Waste Management Stocks
Forbes - 12 Dec 2012 18:19
In trading on Wednesday, education & training services shares were relative leaders, up on the day by about 2.5%. Leading the group were shares of ATA (ATAI), up about 10.5% and shares of Career Education (CECO) up about...