Market News
Corn Sinks 7.6% on Supply Data
Wall Street Journal - 1 Apr 2013 22:36
U.S. corn futures tumbled 7.6%, their biggest one-day percentage drop in nearly four years, amid larger-than-expected U.S. stockpiles.
Argentina Bond Prices Fall on Worry Country Could Default
Wall Street Journal - 1 Apr 2013 22:09
The cost to insure Argentina's debt rose to its highest levels since March 2009 as investors worried the country could be weeks away from default if a U.S. court rejects its plan to pay holdout creditors.
Judge Allows Stockton to Enter Bankruptcy
Wall Street Journal - 1 Apr 2013 22:08
A court ruling has made Stockton, Calif., the most populous city in the nation to enter bankruptcy.
U.S. Stocks Hold Losses
Wall Street Journal - 1 Apr 2013 21:55
U.S. stocks were down Monday afternoon after disappointing manufacturing data kicked off the second quarter with a drop. Intel led blue chips lower.
At Takeover Dance, CEOs Don't Want to Tango
Wall Street Journal - 1 Apr 2013 21:30
The conditions are right for a wave of mergers, but CEOs and corporate boards are hesitant to jump in. That is a worry for bankers and lawyers who survive on deals, writes Francesco Guerrara.
Whither Japan Stocks: A Market Pause and a Sobering Demographic?Forecast
Forbes - 1 Apr 2013 21:07
Yesterday, April 1, the beginning Japan?s 2013 fiscal year, saw the Nikkei 225 stock average skid 262 yen, or 2.2%, to 12,135 yen, the lowest level in a month. This
Analyst Moves: BBRY, EBAY
Forbes - 1 Apr 2013 20:17
BlackBerry (BBRY) had its estimates increased at UBS (UBS) after results showed that the company had higher margins during the quarter, as well as enterprise prospects and increased guidance. A $13 price target was set w...
Goldman Launches New Unit to Invest in High-Risk Debt
Wall Street Journal - 1 Apr 2013 20:11
Goldman Sachs Group Inc. has launched a new specialty finance company to invest in high-risk debt primarily of U.S. mid-size companies with no credit ratings.
This Stock Has A 4.83% Yield, Sells For Less Than Book, and Insiders Have Been Buying
Forbes - 1 Apr 2013 19:57
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
CapLease Series B Cumulative Redeemable Preferred Stock Ex-Dividend Reminder
Forbes - 1 Apr 2013 19:50
On 4/2/13, CapLease Inc's 8.375% Series B Cumulative Redeemable Preferred Stock (NYSE: LSE.PRB) will trade ex-dividend, for its quarterly dividend of $0.5234, payable on 4/15/13. As a percentage of LSE.PRB's recent share...
CapLease Series A Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon
Forbes - 1 Apr 2013 19:50
On 4/2/13, CapLease Inc's 8.125% Series A Cumulative Redeemable Preferred Stock (NYSE: LSE.PRA) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 4/15/13. As a percentage of LSE.PRA's recent share...
See How BMC Software Ranks Among Analysts' Top Picks With Strong Buyback Activity
Forbes - 1 Apr 2013 19:49
A study of analyst recommendations at the major brokerages shows that BMC Software, Inc. (NASD: BMC) is the #43 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To...
XIDE Trading Below Director's Recent Buy Price
Forbes - 1 Apr 2013 19:47
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on November 15, Exide Technologies's Director, Dominic J. Pileggi, invested $2,...
Oversold Conditions For SNC - Lavalin Group
Forbes - 1 Apr 2013 19:45
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indi...
Wi-LAN Becomes Oversold
Forbes - 1 Apr 2013 19:45
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indi...
Walter Energy Enters Oversold Territory
Forbes - 1 Apr 2013 19:44
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indi...
Cerner Corp. Moves Up In Analyst Rankings, Passing Peabody Energy Corp
Forbes - 1 Apr 2013 19:44
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Cerner Corp. (NASD: CERN) has taken over the #192 spot from Peabody Energy Corp (NYSE: BTU), according to ETF C...
Marathon Oil Corp. Achieves #125 Analyst Rank, Surpassing General Dynamics Corp.
Forbes - 1 Apr 2013 19:43
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Marathon Oil Corp. (NYSE: MRO) has taken over the #125 spot from General Dynamics Corp. (NYSE: GD), according t...
JDS Uniphase Corp Takes Over #114 Spot From Jabil Circuit
Forbes - 1 Apr 2013 19:42
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, JDS Uniphase Corp (NASD: JDSU) has taken over the #114 spot from Jabil Circuit, Inc. (NYSE: JBL), according to ...
Carmax Achieves #107 Analyst Rank, Surpassing Cigna
Forbes - 1 Apr 2013 19:42
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Carmax Inc. (NYSE: KMX) has taken over the #107 spot from Cigna Corp (NYSE: CI), according to ETF Channel. Belo...
Broker Darlings of the Dow: United Technologies Corp. Ranks As a Top 15 Analyst Pick
Forbes - 1 Apr 2013 19:40
A study of analyst recommendations at the major brokerages shows that United Technologies Corp. (NYSE: UTX) is the #2 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to...
SLRC Crosses Below Key Moving Average Level
Forbes - 1 Apr 2013 19:39
In trading on Monday, shares of Solar Capital Limited (NASD: SLRC) crossed below their 200 day moving average of $23.34, changing hands as low as $23.21 per share. Solar Capital Limited shares are currently trading off a...