Market News
Risks Mount as Easy Money Draws High-Yield Borrowers
Wall Street Journal - 17 Jan 2013 23:22
Smaller companies are finding it easier to issue debt in Europe, but worries are emerging that investors could pay the price.
Daily Wrap: 1/17/2013
Forbes - 17 Jan 2013 23:57
Some hopeful signs for the sluggish economy gave the markets a boost today, with all the major indices in positive territory.
Forbes Earnings Preview: United Technologies
Forbes - 17 Jan 2013 23:55
Despite an expected dip in profit, analysts are generally optimistic about United Technologies (UTX) as it prepares to reports its fourth quarter earnings on Wednesday, January 23, 2013.
Analyst Moves: EPB, JAH
Forbes - 17 Jan 2013 23:51
El Paso Pipeline (EPB) had its numbers increased by UBS (UBS) as recent cost cuts should add to earnings. A buy rating was issued with a $42 price target.
Daily Dividends Report: MW, BCO, AIR, CFNL, KMI
Forbes - 17 Jan 2013 22:36
Mens Wearhouse Incorporated (MW) maintained its quarterly dividend of 18 cents per share. The dividend is payable on March 29, 2013 to shareholders of record at the close of business on March 19, 2013.
Analyst Moves: CREE, WSM
Forbes - 17 Jan 2013 21:47
Cree (CREE) was downgraded by Jefferies (JEF) from buy to underperform with a price target of $28, as LED demand trends may have been overly optimistic.
Daily Dividend Report: COG, AA, HBAN, UHS, BRO
Forbes - 17 Jan 2013 21:29
Cabot Oil & Gas Corporation (COG) maintained its quarterly dividend of 2 cents per share. The dividend will be paid February 13, 2013 to all shareholders of record as of the close of business January 30, 2013.
Forbes Earnings Preview: TE Connectivity
Forbes - 17 Jan 2013 20:53
In spite of an expected dip in profit, most analysts are positive about TE Connectivity (TEL) before it reports its first quarter earnings on Wednesday, January 23, 2013.
Forbes Earnings Preview: Stryker
Forbes - 17 Jan 2013 20:53
Wall Street is expecting higher profit for Stryker (SYK) when the company reports its fourth quarter results on Wednesday, January 23, 2013. The consensus estimate is calling for profit of $1.13 a share, a rise from $1.0...
Forbes Earnings Preview: Netflix
Forbes - 17 Jan 2013 20:52
Analysts expect Netflix (NFLX) to have a poor quarter and swing to a loss when it reports its fourth quarter earnings on Wednesday, January 23, 2013. They are expecting Netflix to come in at a loss of 12 cents per share,...
Forbes Earnings Preview: SanDisk
Forbes - 17 Jan 2013 20:52
In spite of an expected dip in profit, most analysts are positive about SanDisk (SNDK) before it reports its fourth quarter earnings on Wednesday, January 23, 2013.
Daily Dividend Report: C, HPQ, CCL, PPG, MMC
Forbes - 17 Jan 2013 19:27
Citigroup Incorporated (C) maintained its quarterly dividend of 1 cent per share. The dividend is payable on February 22, 2013 to stockholders of record on February 4, 2013.
Analyst Moves: DCI, CMA
Forbes - 17 Jan 2013 19:22
Donaldson (DCI) was upgraded by Bank of America/Merrill Lynch (BAC) to buy from neutral with a price target of $41 as the company is experiencing higher margins.
Analyst Moves: COLM, CSCO
Forbes - 17 Jan 2013 19:05
Columbia Sportswear (COLM) was downgraded by Bank of America/Merrill Lynch (BAC) to underperform from buy with a price target of $45 to reflect new guidance issued by the company.
Forbes Earnings Preview: Motorola Solutions
Forbes - 17 Jan 2013 18:52
Wall Street is high on Motorola Solutions (MSI), expecting it to report earnings that are up 17.9% from a year ago when it reports its fourth quarter earnings on Wednesday, January 23, 2013. The consensus estimate is 92 ...
Forbes Earnings Preview: St. Jude Medical
Forbes - 17 Jan 2013 18:52
In the month leading up to the St. Jude Medical's (STJ) fourth quarter earnings announcement slated for Wednesday, January 23, 2013, expectations have risen for the upcoming results. The consensus analyst estimate has go...
Forbes Earnings Preview: Textron
Forbes - 17 Jan 2013 18:52
Wall Street is optimistic about Textron (TXT), which is slated to report its fourth quarter results on Wednesday, January 23, 2013. Analysts project a profit of 57 cents a share, a rise from 49 cents per share a year ago...
Forbes Earnings Preview: Praxair
Forbes - 17 Jan 2013 18:52
Praxair (PX) reports its fourth quarter earnings on Wednesday, January 23, 2013.
Forbes Earnings Preview: McDonald's
Forbes - 17 Jan 2013 18:52
McDonald's (MCD) reports its fourth quarter earnings on Wednesday, January 23, 2013.
Domenicali: Ferrari 'right' to retain Massa
CNN - 17 Jan 2013 18:49
Ferrari team principal Stefano Domenicali has defended the Italian constructor's decision to retain the services of Brazilian driver Felipe Massa for the 2013 season.
Thursday Sector Laggards: Music & Electronics Stores, Precious Metals
Forbes - 17 Jan 2013 18:42
In trading on Thursday, music & electronics stores shares were relative laggards, down on the day by about 0.3%. Helping drag down the group were shares of Hhgregg (HGG), down about 3.5% and shares of Conns (CONN) off ab...
Thursday Sector Leaders: Entertainment, Shipping Stocks
Forbes - 17 Jan 2013 18:42
In trading on Thursday, entertainment shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Fab Universal (FU), up about 5.2% and shares of Navarre (NAVR) up about 5% on the day.