Market News

Leading up to Walgreen's (WAG) announcement of its first quarter earnings on Friday, December 21, 2012 analysts have become more wary as expectations have fallen over the past month to earnings of 67 cents per share from...

Shares of Unilever PLC (UL - Analyst Report) have been rising since this consumer products giant posted healthy third-quarter results, including underlying sales growth of 5.9%. In addition, this Zacks #1 Rank (Strong Bu...

Carter's (CRI) had its numbers increased by Citigroup (C) as the supply chain is being restrucured and should benefit the bottom line. A buy rating was issued with a $64 price target.

Nucor (NUE) announced that it was lowering earnings expectations to between 25 and 30 cents per share, down from the 35 cents per share in the third quarter and 43 cents per share in the fourth quarter of 2011.

U.S. homebuilder sentiment was higher in December, rising to its highest level since April 2006, according to the National Association of Home Builders.

Aviv REIT announced today that it has filed a registration statement relating to the proposed IPO of its common stock with the SEC. The registration statement had previously been submitted on a confidential basis under t...

Following President Obama’s reelection, a number of fossil fuel stocks sold off based on the belief that Obama’s policies would prove harmful to the fossil fuel industry. But will the President manage to pu...

Centene (CNC) was downgraded by Jefferies (JEF) from buy to hold due to risks presented in the initial guidance for 2013. A hold rating was issued.

American companies are moving to distance themselves from guns and gun makers amid a public outcry in the aftermath of last week's deadly shooting in Newtown, Conn.

Two Harbors Investment Corporation (TWO) announced its quarterly dividend of 55 cents per share, an increase of about 53% over its prior dividend in September of 36 cents. This dividend is payable on January 18, 2013 to ...

Trade, monetary policy and growth are top of the agenda for China's Xi Jinping, Japan's Shinzo Abe, and whoever wins Wednesday's contest between Park Geun-hye and Moon Jae-in in South Korea.

Duke Energy (DUK) was upgraded to buy from hold with a price target of $69 at Deutsche Bank (DB), as the dividend yield is very favorable given the low rate environment.

Halliburton (HAL) had its numbers lowered by Jefferies (JEF) due to weakness in the North American market. A buy rating was issued with a $42 price target.

Britain will have four representatives on the Formula One grid next season after Marussia F1 announce they have signed Max Chilton for the 2013 campaign.

Seoul-based banking giant KB Financial, dropped its $2.1 billion bid for ING Groep's South Korean life insurer after its directors rejected the deal.

Markets are rising again today and keeping this rally going.  This morning we are seeing nice follow through to yesterday’s strength. After rising through the 1438-1440 area, the next resistance level to watch ...

In trading on Tuesday, cigarettes & tobacco shares were relative laggards, down on the day by about 1.4%. Helping drag down the group were shares of Reynolds American (RAI), off about 2.6% and shares of Lorillard (LO) of...

In trading on Tuesday, advertising shares were relative leaders, up on the day by about 2.9%. Leading the group were shares of Arbitron (ARB), up about 23.4% and shares of Millennial Media (MM) up about 3.3% on the day.

The billionaire at the helm of Berkshire Hathaway has bought banks and credit card companies for both the firm and his personal account.

By Carla Fried

The European Commission rammed home the need for countries with high debt and deficit levels to reduce them, keeping the onus squarely on them as the focus of the region's economic crisis rather than those countries that...

Carl Icahn has proposed merging Greenbrier with a rival that he controls in a deal valuing the railcar maker at about $543 million.