Market News

Verifone (PAY) was downgraded by JP Morgan (JPM) to neutral due to a worse than expected earnings miss.

Bruker (BRKR) was upgraded by Bank of America/Merrill Lynch (BAC) from underperform to neutral with a price target of $19.50 due to improving fundamentals.

Teleflex (TFX) maintained its quarterly dividend of 34 cents per share. The dividend is payable March 15, 2013 to shareholders of record at the close of business on March 5, 2013.

A New York judge gave a boost to the proposed public sale of the Empire State Building, ruling Thursday that a class-action settlement with the Malkin family could proceed.

The Bureau of Labor Statistics announced that consumer prices was unchanged for the second consecutive month in January due to falling gasoline prices and stable food prices. For the twelve months through January, consum...

Billionaire Hedge Fund Managers

UnitedHealth Group (UNH) was upgraded by Oppenheimer (OPY) from perform to outperform with a price target of $66 as the firm believes that the the current stock price is an attractive entry point despite a pessimistic ou...

Heckmann Corporation (HEK) was downgraded by Jefferies (JEF) from buy to hold with a price target of $4.50 due to sluggish shale activity.

Hedge fund titan David Einhorn reemphasized his position that Apple should issue preferred stock to better reward investors and that a proposal at next week's annual meeting could make this impossible.

May's best ETFs for the buck.

Analysts are looking for decreased profit for R.R. Donnelley & Sons (RRD) when the company reports its results for the fourth quarter on Tuesday, February 26, 2013. R.R. Donnelley & Sons reported profit of 46 cents a yea...

Analysts expect disappointing news from RadioShack (RSH) when it reports its fourth quarter earnings on Tuesday, February 26, 2013. They project a loss of 4 cents a share after the company booked a profit of 12 cents a y...

Goldman Sachs, according to Reuters, says AIG has replaced Apple as the favorite pick of hedge funds. Apple's arch enemy Google is now also favored over Apple by hedge funds.

In trading on Thursday, cigarettes & tobacco shares were relative leaders, up on the day by about 0.1%. Leading the group were shares of British American Tobacco (BTI), up about 1.1% and shares of Philip Morris Internati...

Earlier this week, Capital One Financial inked a deal with financial giant Citigroup to sell a portfolio of Best Buy, private label (cards which can only be used at Best Buy) and co-branded (cards branded with Best Buy's...

Optimism surrounds Tenet Healthcare (THC), as it gets ready to report its fourth quarter results on Tuesday, February 26, 2013. Analysts are expecting the company to book a profit of 69 cents a share, up from 40 cents a ...

Wall Street is optimistic about priceline.com (PCLN), which is slated to report its fourth quarter results on Tuesday, February 26, 2013. Analysts project a profit of $6.17 a share, a rise from $4.91 per share a year ago...

In spite of an expected dip in profit, most analysts are positive about Sempra Energy (SRE) before it reports its fourth quarter earnings on Tuesday, February 26, 2013.

In spite of an expected dip in profit, most analysts are positive about American Tower (AMT) before it reports its fourth quarter earnings on Tuesday, February 26, 2013.

MAKO Surgical (MAKO) is expected to book a narrower loss than a year ago when it reports fourth quarter earnings on Tuesday, February 26, 2013 with analysts expecting a loss of 9 cents per share, up from a loss of 14 cen...

Wall Street is high on First Solar (FSLR), expecting it to report earnings that are up 38.9% from a year ago when it reports its fourth quarter earnings on Tuesday, February 26, 2013. The consensus estimate is $1.75 per ...

Analysts expect decreased profit for MetroPCS Communications (PCS) when the company reports its fourth quarter results on Tuesday, February 26, 2013. Although MetroPCS reported profit of 25 cents a year ago, the consensu...