Market News
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.
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.
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 ...
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.
Daily Dividends Report: DEI, RCII, MENT, MTGE, HPP
Forbes - 8 Mar 2013 21:11
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.
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.
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.
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.
We're No. 19! Americans Better Start Saving More
Forbes - 8 Mar 2013 20:13ICE 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.
Daily Dividends Report: BMY, DELL, AGNC, IFF, NFG
Forbes - 8 Mar 2013 19:45
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.
Friday Sector Laggards: Textiles, Consumer Goods
Forbes - 8 Mar 2013 18:26
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...
Friday Sector Leaders: Trucking, Television & Radio Stocks
Forbes - 8 Mar 2013 18:26
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...