Market News
Forbes Earnings Preview: Accenture
Forbes - 14 Dec 2012 23:29
Accenture (ACN) reports its first quarter earnings on Wednesday, December 19, 2012.
Forbes Earnings Preview: General Mills
Forbes - 14 Dec 2012 23:28
General Mills (GIS) is just 13 cents off from its 52-week high of $41.62 per share as it prepares to report its second quarter earnings on Wednesday, December 19, 2012.
Forbes Earnings Preview: Paychex
Forbes - 14 Dec 2012 23:28
Paychex (PAYX) reports its second quarter earnings on Wednesday, December 19, 2012.
Forbes Earnings Preview: Jabil Circuit
Forbes - 14 Dec 2012 23:28
Analysts foresee Jabil Circuit (JBL) announcing decreased profits on Wednesday, December 19, 2012, when it reports its first quarter earnings. Despite this, they are generally optimistic about the stock.
Forbes Earnings Preview: Bed Bath & Beyond
Forbes - 14 Dec 2012 23:28
Share prices of Bed Bath & Beyond's (BBBY) stock have fallen 17.8% during the last three months and closed at $58.16 on December 13, 2012. On Wednesday, December 19, 2012 Bed Bath & Beyond (BBBY) can help stop the slide ...
Analyst Moves: ADBE, SIX
Forbes - 14 Dec 2012 22:21
Adobe Systems (ADBE) was upgraded by JMP (JMP) to outperform from underperform with a $42 price target, as the company has been growing its cloud based computing services business.
Analyst Moves: AAPL, JEF
Forbes - 14 Dec 2012 22:04
Apple (AAPL) had its numbers cut by UBS (UBS) due to slowing iPhone build rates. A $700 price target was issued with a buy rating.
FSA examines personal share trades at WH Ireland
Telegraph - 14 Dec 2012 21:38
The Financial Services Authority is understood to be looking into share dealings at WH Ireland, following the surprise exit of the stockbroker's chief executive.
Daily Dividend Report: XEC, DOW, STT, MOS, MAS
Forbes - 14 Dec 2012 21:25
Cimarex Energy Company (XEC) maintained its quarterly dividend of 12 cents per share. The dividend is payable on March 1, 2013 to stockholders of record on February 15, 2013.
Cliff Asness: Not All Hedge Fund Products Are Worth Hedge Fund Fees
Forbes - 14 Dec 2012 21:11
In a recent interview with Forbes, AQR Capital Management co-founder Cliff Asness explained why not everything hedge funds (or any asset managers) offer are worth premium fees. For the first half of our conversation, see...
Smiths shares supported by disposal speculation
Telegraph - 14 Dec 2012 21:10
Group could soon make disposal, Deutsche Bank analysts said.
Analyst Moves: CVS, PSX
Forbes - 14 Dec 2012 20:38
CVS Caremark (CVS) had its numbers increased by Lazard (LAZ) after the company boosted guidance. A $48.50 price target was set with a buy rating.
LSE may cut offer for LCH.Clearnet by £180m
Telegraph - 14 Dec 2012 20:33
The London Stock Exchange is haggling to change the terms of its agreed €463m (£376m) acquisition of a majority stake in the clearing house LCH.Clearnet, reportedly seeking to reduce the buy-out price by as much...
Analyst Moves: ESV, WYNN
Forbes - 14 Dec 2012 20:21
Ensco (ESV) was upgraded by Jefferies (JEF) from hold to buy with a price target of $70 as the company has strong free cash flow.
Jeff Gundlach: 3 Ways to Profit from the Coming Financial Catastrophe
Forbes - 14 Dec 2012 19:4512 Stocks To Avoid In 2013
Forbes - 14 Dec 2012 19:33
Top advisors say these 12 stocks and ETFs are headed for a fall.
How To Market Time The Fiscal Cliff
Forbes - 14 Dec 2012 19:3318% Returns This Year? This Fund Did It With Global Winners Like Brasil Foods, Weight Watchers And More
Forbes - 14 Dec 2012 19:01Friday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Metals Fabrication & Products
Forbes - 14 Dec 2012 18:53
In trading on Friday, non-precious metals & non-metallic mining shares were relative leaders, up on the day by about 1.3%. Leading the group were shares of Aluminum China Limited (ACH), up about 4.5% and shares of AK Ste...
Is Sub-Three Percent Economic Growth the 'New Norm?'
Forbes - 14 Dec 2012 18:52Treasury Completes Sale of AIG Stock
Wall Street Journal - 14 Dec 2012 18:41
The U.S. Treasury said it completed the sale of American International Group common stock, dispensing with its remaining 234 million shares at a price of $32.50 per share.
Friday Sector Laggards: Music & Electronics Stores, Hospital & Medical Practitioners
Forbes - 14 Dec 2012 18:24
In trading on Friday, 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), down about 12.8% and shares of Conns (CONN) off ab...