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Market News

Location American Market News for 8 March 2013

Stocks Hit the Trifecta

Wall Street Journal - 8 Mar 2013 02:12
The Dow Jones Industrial Average rose 33.25 points, or 0.2%, to 14329.49, its third consecutive session reaching a record close. Financial stocks led the S&P 500 higher.
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Fitch Downgrades Italy's Credit Ratings

Wall Street Journal - 8 Mar 2013 19:59
Fitch downgraded Italy's credit ratings, citing inconclusive elections results and a deeper recession, and gave a negative outlook.
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U.S. M&A Boom? Still a Bust in Europe

Wall Street Journal - 8 Mar 2013 00:10
A flurry of mergers and acquisitions in the U.S. this year has sparked hope among some analysts that European companies might follow. But with the Continent's economy still facing severe headwinds, these people may have ...
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Head of Barclays Wealth Unit to Step Down

Wall Street Journal - 8 Mar 2013 22:00
The head of Barclays Wealth and Investment Management in the Americas has stepped down.
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In other dividend news, Douglas Emmett Incorporated (DEI) maintained its quarterly dividend of 18 cents per share. The dividend will be paid on April 15, 2013 to shareholders of record as of March 29, 2013.
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Analyst Moves: PG, TIF

Forbes - 8 Mar 2013 20:57
Proctor & Gamble (PG) had its earnings estimates lowered by JPMorgan (JPM) as while the firm believes that performance will increase during the future, the organic top line is stagnant.
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Goldman Loses Battle on Proxy Vote

Wall Street Journal - 8 Mar 2013 20:52
The SEC rules that Goldman can't omit from its proxy a shareholder proposal calling for a vote on an independent chairman.
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Analyst Moves: NAV, P

Forbes - 8 Mar 2013 20:43
Navistar (NAV) was upgraded to overweight from neutral by JPMorgan (JPM) after the company announced better liquidity and operating performance.
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We're No. 19! Americans Better Start Saving More Slovakia. That's the country that holds the No. 18 position on the Natixis Global Retirement Index, ahead of No. 19, the United States.
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ICE Offers Pledges on Soft Commodity Markets

Wall Street Journal - 8 Mar 2013 20:01
The exchange committed to put a five-year ceiling on some fees after its merger is completed with NYSE Euronext.
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Bristol Myers Squibb Company (BMY) maintained its quarterly dividend of 35 cents per share. Investors of record on Friday, April 5th will be given a dividend of $0.35 per share on Wednesday, May 1st.
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In trading on Friday, textiles shares were relative laggards, down on the day by about 0.5%. Helping drag down the group were shares of Quicksilver (ZQK), off about 10.1% and shares of Under Armour (UA) off about 1.5% on...
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In trading on Friday, trucking shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Quality Distribution (QLTY), up about 4.3% and shares of Yrc Worldwide (YRCW) up about 3.9% on th...
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Notable Two Hundred Day Moving Average Cross - Student Transportation In trading on Friday, shares of Student Transportation Inc (Toronto: STB) crossed below their 200 day moving average of $6.56, changing hands as low as $6.55 per share. Student Transportation Inc shares are currently tra...
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EMC Insurance Group About To Put More Money In Your Pocket Looking at the universe of stocks we cover at Dividend Channel, on 3/12/13, EMC Insurance Group Inc. (NASD: EMCI) will trade ex-dividend, for its quarterly dividend of $0.21, payable on 3/21/13. As a percentage of EMCI's...
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NDAQ Ex-Dividend Reminder

Forbes - 8 Mar 2013 18:07
NDAQ Ex-Dividend Reminder Looking at the universe of stocks we cover at Dividend Channel, on 3/12/13, Nasdaq OMX Group (NASD: NDAQ) will trade ex-dividend, for its quarterly dividend of $0.13, payable on 3/28/13. As a percentage of NDAQ's recent ...
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Marvell Technology Group About To Put More Money In Your Pocket Looking at the universe of stocks we cover at Dividend Channel, on 3/12/13, Marvell Technology Group Ltd. (NASD: MRVL) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 4/4/13. As a percentage of MR...
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Ex-Div Reminder for Federal Realty Investment Trust Looking at the universe of stocks we cover at Dividend Channel, on 3/12/13, Federal Realty Investment Trust (NYSE: FRT) will trade ex-dividend, for its quarterly dividend of $0.73, payable on 4/15/13. As a percentage of ...
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Cash Dividend On The Way From Franco-Nevada Looking at the universe of stocks we cover at Dividend Channel, on 3/12/13, Franco-Nevada Corp (NYSE: FNV) will trade ex-dividend, for its monthly dividend of $0.06, payable on 3/28/13. As a percentage of FNV's recent st...
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Cash Dividend On The Way From Northrim BanCorp Looking at the universe of stocks we cover at Dividend Channel, on 3/12/13, Northrim BanCorp Inc (NASD: NRIM) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 3/22/13. As a percentage of NRIM's rec...
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First of Long Island Ex-Dividend Reminder

Forbes - 8 Mar 2013 18:04
First of Long Island Ex-Dividend Reminder Looking at the universe of stocks we cover at Dividend Channel, on 3/12/13, First of Long Island Corp. (NASD: FLIC) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 3/22/13. As a percentage of FLIC...
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Cash Dividend On The Way From Medical Properties Trust Looking at the universe of stocks we cover at Dividend Channel, on 3/12/13, Medical Properties Trust Inc (NYSE: MPW) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 4/11/13. As a percentage of MPW...
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