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Market News

Location American Market News for 16 January 2013

Analyst Moves: ITMN, EV

Forbes - 16 Jan 2013 23:16
Intermune (ITMN) was upgraded by UBS (UBS) to neutral from neutral to buy with a price target of $15, as factors that were holding down the stock price are no longer an issue.
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Analyst Moves: LULU, MJN

Forbes - 16 Jan 2013 23:15
Lululemon (LULU) had its estimates and price target reduced by Credit Suisse (CS) due to moderating comp sales. A neutral rating was issued with a price target of $79.
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Wall Street is optimistic about International Game Technology (IGT), which is slated to report its first quarter results on Tuesday, January 22, 2013. Analysts project a profit of 24 cents a share, a rise from 17 cents p...
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Forbes Earnings Preview: DuPont

Forbes - 16 Jan 2013 22:24
Analysts expect decreased profit for DuPont (DD) when the company reports its fourth quarter results on Tuesday, January 22, 2013. Although DuPont reported profit of 35 cents a year ago, the consensus estimate calls for ...
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Expectations have dropped for Verizon Communications' (VZ) fourth quarter results in the month leading up to the company's earnings announcement slated for Tuesday, January 22, 2013. The consensus analyst estimate has dr...
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Forbes Earnings Preview: CSX

Forbes - 16 Jan 2013 22:23
Analysts expect decreased profit for CSX (CSX) when the company reports its fourth quarter results on Tuesday, January 22, 2013. Although CSX reported profit of 43 cents a year ago, the consensus estimate calls for earni...
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Forbes Earnings Preview: Cree

Forbes - 16 Jan 2013 22:23
Analysts have become increasingly bullish on Cree (CREE) in the month leading up to the company's second quarter earnings announcement scheduled for Tuesday, January 22, 2013. The consensus earnings per share estimate ha...
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Analysts expect higher profit for International Business Machines (IBM) when the company reports its fourth quarter results on Tuesday, January 22, 2013. The consensus estimate is calling for profit of $5.25 a share, ref...
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Forbes Earnings Preview: Norfolk Southern

Forbes - 16 Jan 2013 22:22
Wall Street is expecting lower profit for Norfolk Southern (NSC) when the company reports its fourth quarter results on Tuesday, January 22, 2013. Analysts are expecting earnings per share of $1.19 after the company book...
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Forbes Earnings Preview: Intuitive Surgical

Forbes - 16 Jan 2013 22:22
Intuitive Surgical (ISRG) reports its fourth quarter earnings on Tuesday, January 22, 2013.
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AO Smith Corporation (AOS) maintained its quarterly dividend of 20 cents per share. The dividend is payable on February 15 to shareholders of record January 31.
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Total System Services (TSS) reports its fourth quarter earnings on Tuesday, January 22, 2013.
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Forbes Earnings Preview: Texas Instruments

Forbes - 16 Jan 2013 21:55
Wall Street is expecting lower profit for Texas Instruments (TXN) when the company reports its fourth quarter results on Tuesday, January 22, 2013. Analysts are expecting earnings per share of 33 cents after the company ...
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Forbes Earnings Preview: Travelers

Forbes - 16 Jan 2013 21:54
Analysts have become increasingly bullish on Travelers (TRV) in the month leading up to the company's fourth quarter earnings announcement scheduled for Tuesday, January 22, 2013. The consensus earnings per share estimat...
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Forbes Earnings Preview: Regions Financial

Forbes - 16 Jan 2013 21:54
Optimism surrounds Regions Financial (RF), as it gets ready to report its fourth quarter results on Tuesday, January 22, 2013. Analysts are expecting the company to book a profit of 21 cents a share, up from 9 cents a ye...
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Forbes Earnings Preview: Johnson & Johnson

Forbes - 16 Jan 2013 21:54
A quality fourth quarter earnings announcement could push shares of Johnson & Johnson (JNJ) to a new 52-week high as the price is just 42 cents off the milestone heading into the company's earnings release on Tuesday, Ja...
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Forbes Earnings Preview: Google

Forbes - 16 Jan 2013 21:53
Google (GOOG) reports its fourth quarter earnings on Tuesday, January 22, 2013.
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When Advanced Micro Devices (AMD) reports its fourth quarter results on Tuesday, January 22, 2013, analysts are anticipating a drop into the red. They are expecting a loss of -20 cents a share after the company booked a ...
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Analyst Moves: SEE, BMY

Forbes - 16 Jan 2013 21:08
Sealed Air (SEE) was upgraded by Citigroup (C) from neutral to buy with a price target of $22, as operations have improved under the new corporate leadership.
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Analyst Moves: K, AAPL

Forbes - 16 Jan 2013 20:25
Kellogg (K) was downgraded by Credit Suisse (CS) to underperform from neutral as the stock price has risen above the previously set $55 price target.
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President Obama this morning outlined the White House's new gun-control proposals, a push that would be the most sweeping change to firearms in decades. While the new laws would certainly dent the nation's $32 billion gu...
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In trading on Wednesday, agriculture & farm products shares were relative leaders, up on the day by about 0.7%. Leading the group were shares of Agria (GRO), up about 4% and shares of Ceres (CERE) up about 1.7% on the da...
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