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Market News

Location American Market News for 18 January 2013
Dow closes at five-year high on debt ceiling hopes The Dow Jones Industrial Average closed at a five-year high on Friday on Wall Street on hopes a damaging stand-off over the US debt ceiling will at least be delayed.
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12 Warning Signs An Investment Is A Scam

Forbes - 18 Jan 2013 22:49
12 Warning Signs An Investment Is A Scam With the economy uncertain and CD rates low, investment scams are flourishing. Here's how to spot a fraud before you're taken.
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SunCoke Energy Partners Prices IPO

Forbes - 18 Jan 2013 22:45
SunCoke Energy Partners (SXCP) announced that it has priced its IPO of 13,500,000 common units representing limited partner interests at $19.00 per common unit. The common units are expected to begin trading on the New Y...
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Analyst Moves: TSN, WYNN

Forbes - 18 Jan 2013 21:25
Tyson Foods (TSN) was upgraded by BMO Capital Markets (BMO) from market perform to outperform with a price target of $27 due to structural changes in the beef business.
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Analyst Moves: CSOD, CAT

Forbes - 18 Jan 2013 20:58
Cornerstone OnDemand (CSOD) was upgraded by Goldman Sachs (GS) to buy from neutral with a price target of $40, as near term expectations should be exceeded by the copmpany. A $40 price target was issued.
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FTSE 100 climbs to new highs on China data

Telegraph - 18 Jan 2013 20:44
FTSE 100 climbs to new highs on China data The benchmark index has had its best start to a year since 1989.
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Regions Financial Corporation (RF) maintained its quarterly dividend of 1 cent per share. The dividend is payable April 1, 2013, to stockholders of record as of March 15, 2013.
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Fairfax Financial Holdings Shares Cross Below Book Value In trading on Friday, shares of Fairfax Financial Holdings, Ltd. (Toronto: FFH) crossed below their last reported book value ? defined as common shareholder equity per share ? of $360.49, changing hands as low as $357.60...
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Forbes Earnings Preview: Starbucks

Forbes - 18 Jan 2013 19:32
Wall Street is optimistic about Starbucks (SBUX), which is slated to report its first quarter results on Thursday, January 24, 2013. Analysts project a profit of 57 cents a share, a rise from 50 cents per share a year ag...
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Forbes Earnings Preview: KLA-Tencor

Forbes - 18 Jan 2013 19:32
Despite an expected dip in profit, analysts are generally optimistic about KLA-Tencor (KLAC) as it prepares to reports its second quarter earnings on Thursday, January 24, 2013.
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Forbes Earnings Preview: Microsoft

Forbes - 18 Jan 2013 19:32
Analysts foresee Microsoft (MSFT) announcing decreased profits on Thursday, January 24, 2013, when it reports its second quarter earnings. Despite this, they are generally optimistic about the stock.
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Forbes Earnings Preview: Union Pacific

Forbes - 18 Jan 2013 19:32
Union Pacific (UNP) reports its fourth quarter earnings on Thursday, January 24, 2013.
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Forbes Earnings Preview: W.W. Grainger

Forbes - 18 Jan 2013 19:32
Analysts expect higher profit for WW Grainger (GWW) when the company reports its fourth quarter results on Thursday, January 24, 2013. The consensus estimate is calling for profit of $2.61 a share, reflecting a rise from...
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Wall Street is high on Precision Castparts (PCP), expecting it to report earnings that are up 17% from a year ago when it reports its third quarter earnings on Thursday, January 24, 2013. The consensus estimate is $2.48 ...
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Forbes Earnings Preview: Lockheed Martin

Forbes - 18 Jan 2013 19:31
Lockheed Martin (LMT) is expected to report poor fourth quarter earnings on Thursday, January 24, 2013 with analysts expecting a 29.2% drop in earnings from a year ago. The consensus estimate is $1.79 per share, down fro...
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Optimism surrounds McCormick & Company (MKC), as it gets ready to report its fourth quarter results on Thursday, January 24, 2013. Analysts are expecting the company to book a profit of $1.14 a share, up from $1.03 a yea...
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Forbes Earnings Preview: KeyCorp

Forbes - 18 Jan 2013 19:30
KeyCorp (KEY) reports its fourth quarter earnings on Thursday, January 24, 2013.
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Forbes Earnings Preview: Janus Capital

Forbes - 18 Jan 2013 19:29
Analysts are looking for decreased profit for Janus Capital (JNS) when the company reports its results for the fourth quarter on Thursday, January 24, 2013. Janus reported profit of 19 cents a year ago, but the consensus...
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Four Ways To Invest In Gold

Forbes - 18 Jan 2013 19:19
Four Ways To Invest In Gold Investing part of your portfolio in the yellow metal is one thing, deciding how is quite another.
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Gold Stages Key Bullish Technical Reversal

Forbes - 18 Jan 2013 19:19
Gold Stages Key Bullish Technical Reversal On Thursday gold staged a bullish ?outside day.? In traditional technical analysis, an outside day is traced when the low of the day is lower than the previous day?s low and the high of the day is higher than the previou...
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VF Corp. Takes Over #145 Spot From Pioneer Natural Resources In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, VF Corp. (NYSE: VFC) has taken over the #145 spot from Pioneer Natural Resources Co (NYSE: PXD), according to E...
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See How DuPont Ranks Among Analysts' Top Dow 30 Picks A study of analyst recommendations at the major brokerages shows that DuPont (NYSE: DD) is the #20 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Withi...
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