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Market News

Location American Market News for 22 February 2013

U.K., China Near Swap-Line Agreement

Wall Street Journal - 22 Feb 2013 12:50
The Bank of England said it is working with the People's Bank of China to set up a currency swap line, a move that could help the U.K. benefit from the rapid growth of the world's No. 2 economy and further China's goal o...
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Weekly Market Wrap: February 22, 2013

Forbes - 22 Feb 2013 23:38
This eighth trading week of 2013 comes to a close with investors sending stocks higher after two days of losses after an announcement by the Federal Reserve that stimulus measures may soon be halted.
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Analyst Moves: VOLC, WEN

Forbes - 22 Feb 2013 22:32
Volcano (VOLC) was downgraded by Goldman Sachs (GS) to neutral from buy with a price target of $25 as the company's base business remains under pressure.
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Extra Space Storage Incorporated (EXR) maintained its quarterly dividend of 25 cents per share. The dividend is payable on March 29, 2013 to stockholders of record at the close of business on March 15, 2013.
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The Western Union Company (WU) maintained its quarterly dividend of 12.5 cents per share. The dividend is payable March 29, 2013 to stockholders of record at the close of business on March 15, 2013.
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Hamilton brushes off title talk

CNN - 22 Feb 2013 20:03
Lewis Hamilton was the fastest man on the track Friday but the Mercedes man insists he's not ready to challenge for the Formula One title just yet.
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China Mobile's Surge In 3G Additions Shows That Life Goes On Without Apple China Mobile has yet to get the iPhone but that isn't stopping it from blowing away the competition with record 3G subscriber additions in recent months. The largest wireless carrier in the world took the market by surpr...
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Qualcomm Continues To Lead The LTE Market With First Global LTE Chip While rivals such as Nvidia and Broadcom are looking to make deeper inroads into the LTE space, Qualcomm is trying to defend its early lead with the addition of new functionalities to its already widely deployed LTE chip...
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Chromebook Pixel Validates Microsoft's Touch Strategy, Could Force Apple's Hand When designing Windows 8, Microsoft made a brilliant movie: it decided to scrap the old, mouse-friendly interface and focus on touch.
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Analyst Moves: BCR, NTSP

Forbes - 22 Feb 2013 19:28
C.R. Bard (BCR) was downgraded by Goldman Sachs (GS) from neutral to sell with a price target of $95 asthe firm believes that the stock is being overvalued by the market.
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Danaher Corporation (DHR) maintained its quarterly dividend of 2.5 cents per share. The dividend is payable on April 26, 2013 to holders of record on March 28, 2013.
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Apple's Most Notable Acquisitions

Forbes - 22 Feb 2013 18:42
Apple's Most Notable Acquisitions From Siri to NeXT, retracing Apple's biggest acquisitions over the years.
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CAE Makes Notable Cross Below Critical Moving Average In trading on Friday, shares of CAE Inc. (Toronto: CAE) crossed below their 200 day moving average of $10.22, changing hands as low as $10.20 per share. CAE Inc. shares are currently trading trading flat on the day. The ...
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NVIDIA Corp About To Put More Money In Your Pocket Looking at the universe of stocks we cover at Dividend Channel, on 2/26/13, NVIDIA Corp (NASD: NVDA) will trade ex-dividend, for its quarterly dividend of $0.075, payable on 3/21/13. As a percentage of NVDA's recent stoc...
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Cash Dividend On The Way From Mesa Royalty Trust Looking at the universe of stocks we cover at Dividend Channel, on 2/26/13, Mesa Royalty Trust (NYSE: MTR) will trade ex-dividend, for its monthly dividend of $0.1892, payable on 4/30/13. As a percentage of MTR's recent ...
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Ex-Div Reminder for QC Holdings

Forbes - 22 Feb 2013 18:21
Ex-Div Reminder for QC Holdings Looking at the universe of stocks we cover at Dividend Channel, on 2/26/13, QC Holdings Inc (NASD: QCCO) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 3/14/13. As a percentage of QCCO's recent s...
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Ex-Div Reminder for Southside Bancshares

Forbes - 22 Feb 2013 18:20
Ex-Div Reminder for Southside Bancshares Looking at the universe of stocks we cover at Dividend Channel, on 2/26/13, Southside Bancshares, Inc. (NASD: SBSI) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 3/14/13. As a percentage of SBSI...
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In trading on Friday, construction materials & machinery shares were relative leaders, up on the day by about 2.2%. Leading the group were shares of Gibraltar Industries (ROCK), up about 8.5% and shares of Patrick Indust...
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Cash Dividend On The Way From Time Warner Cable Looking at the universe of stocks we cover at Dividend Channel, on 2/26/13, Time Warner Cable Inc (NYSE: TWC) will trade ex-dividend, for its quarterly dividend of $0.65, payable on 3/15/13. As a percentage of TWC's rece...
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In trading on Friday, cigarettes & tobacco shares were relative laggards, down on the day by about 0.6%. Helping drag down the group were shares of Lorillard (LO), off about 3.6% and shares of Altria Group (MO) off about...
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Bank of Hawaii Ex-Dividend Reminder

Forbes - 22 Feb 2013 18:19
Bank of Hawaii Ex-Dividend Reminder Looking at the universe of stocks we cover at Dividend Channel, on 2/26/13, Bank of Hawaii Corp (NYSE: BOH) will trade ex-dividend, for its quarterly dividend of $0.45, payable on 3/14/13. As a percentage of BOH's recent...
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Ex-Div Reminder for Tennessee Valley Authority Looking at the universe of stocks we cover at Dividend Channel, on 2/26/13, Tennessee Valley Authority (NYSE: TVC) will trade ex-dividend, for its quarterly dividend of $0.2955, payable on 3/1/13. As a percentage of TVC'...
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