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Market News

Location American Market News for 7 February 2013

Daily Wrap: 2/7/2013

Forbes - 7 Feb 2013 23:39
The markets fell into negative territory today as concerns over the European economy weighed on the minds of investors.
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Jobless Claims, Productivity Drop

Forbes - 7 Feb 2013 23:06
The Labor Department announced that first-time jobless benefits claims fell by 5,000 to 366,000 this past week. Initial claims for unemployment benefits dropped to 366,000 from 371,000. The four-week rolling average for ...
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Allstate Corporation (ALL) announced its quarterly dividend of 25 cents per share, an increase of about 14% over its prior dividend in November of 22 cents. The increased dividend will be paid on Apr 1, 2013, to the shar...
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Analyst Moves: DeVry, Molycorp

Forbes - 7 Feb 2013 22:01
DeVry (DV) was upgraded by JP Morgan (JPM) to neutral from underweight, as the company has been experiencing higher enrollment rates.
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Tractor Supply Company (TSCO) maintained its quarterly dividend of 20 cents per share. The dividend will be paid on March 12, 2013, to stockholders of record as of the close of business on February 25, 2013.
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Cardinal Health Incorporated (CAH) maintained its quarterly dividend of 27.5 cents per share. The dividend of $0.275 per common share payable on April 15, 2013, to shareholders of record on April 1, 2013. This is the 114...
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Gold Buying 101

Forbes - 7 Feb 2013 20:49
Gold Buying 101 The best ways to buy gold.
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Conocophillips (COP) maintained its quarterly dividend of 66 cents per share. The dividend is payable March 1, 2013, to stockholders of record at the close of business on Feb. 19, 2013
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Vettel revs up for shot at glory

CNN - 7 Feb 2013 20:17
Triple world champion Sebastian Vettel stepped up his preparations for the new season by taking out the new Red Bull at testing in Jerez Thursday.
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Analyst Moves: AKAM, OC

Forbes - 7 Feb 2013 19:35
Akamai Tech (AKAM) was downgraded by Jefferies (JEF) from buy to hold with a $40 price target due to a difficult short term outlook.
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Forbes Earnings Preview: Avon Products

Forbes - 7 Feb 2013 18:35
Avon Products (AVP) is expected to report poor fourth quarter earnings on Tuesday, February 12, 2013 with analysts expecting a 30.8% drop in earnings from a year ago. The consensus estimate is 27 cents per share, down fr...
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Analysts expect higher profit for AllianceBernstein Holding LP (AB) when the company reports its fourth quarter results on Tuesday, February 12, 2013. The consensus estimate is calling for profit of 34 cents a share, ref...
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Forbes Earnings Preview: Clearwire

Forbes - 7 Feb 2013 18:35
Clearwire (CLWR) is expected to book a narrower loss than a year ago when it reports fourth quarter earnings on Tuesday, February 12, 2013 with analysts expecting a loss of 24 cents per share, up from a loss of 81 cents ...
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Forbes Earnings Preview: FMC Technologies

Forbes - 7 Feb 2013 18:35
Analysts expect higher profit for FMC Technologies (FTI) when the company reports its fourth quarter results on Tuesday, February 12, 2013. The consensus estimate is calling for profit of 57 cents a share, reflecting a r...
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Expectations have dropped for Diebold Incorporated's (DBD) fourth quarter results in the month leading up to the company's earnings announcement slated for Tuesday, February 12, 2013. The consensus analyst estimate has d...
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Forbes Earnings Preview: Marsh & McLennan

Forbes - 7 Feb 2013 18:34
Wall Street is expecting higher profit for Marsh & McLennan (MMC) when the company reports its fourth quarter results on Tuesday, February 12, 2013. The consensus estimate is calling for profit of 52 cents a share, a ris...
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Forbes Earnings Preview: HCP

Forbes - 7 Feb 2013 18:32
HCP (HCP) reports its fourth quarter earnings on Tuesday, February 12, 2013.
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Forbes Earnings Preview: Coca-Cola

Forbes - 7 Feb 2013 18:32
Coca-Cola (KO) reports its fourth quarter earnings on Tuesday, February 12, 2013.
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Fidelity National Information Services (FIS) reports its fourth quarter earnings on Tuesday, February 12, 2013.
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Forbes Earnings Preview: Fossil, Inc.

Forbes - 7 Feb 2013 18:22
Wall Street is expecting higher profit for Fossil (FOSL) when the company reports its fourth quarter results on Tuesday, February 12, 2013. The consensus estimate is calling for profit of $2.27 a share, a rise from $1.87...
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In trading on Thursday, paper & forest products shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of Schweitzer-mauduit International (SWM), down about 7.3% and shares ...
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Apple Joins America's Biggest Dividend Payers iPad-maker to shell out $2.65 per share to investors starting in fiscal Q4.
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