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Market News

Location American Market News for 22 April 2013

Age Starts to Catch Up With AT&T

Wall Street Journal - 22 Apr 2013 23:40
They say we are destined to become our parents as we get older. No wonder the reborn AT&T is starting to look more like dowdy Ma Bell.
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CBOE Weighs Future of Regulatory Unit Amid SEC Probe

Wall Street Journal - 22 Apr 2013 23:55
The parent of the Chicago Board Options Exchange is considering whether to separate off its regulatory division in the wake of an ongoing federal probe over potential conflicts of interest, people close to the discussion...
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GOP Says Cordray Can't Testify

Wall Street Journal - 22 Apr 2013 23:11
Jeb Hensarling, head of the House financial services committee, says Richard Cordray is not the legitimate head of the Consumer Financial Protection Bureau because of the way he was appointed.
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U.S. Stocks Close Higher

Wall Street Journal - 22 Apr 2013 23:08
Stocks edged higher Monday, regaining some of last week's losses with help from the energy, materials and technology sectors.
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Western Digital Is Worth $60 And Here's Why

Forbes - 22 Apr 2013 23:06
Western Digital Is Worth $60 And Here's Why Western Digital Corporation, one of the leading providers of electronic data storage products, has also seen its stock rise by more than 25% at one point this year to touch an all-time high of $53.75. Favorable trends fo...
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Can AT&T's Earnings Dial Up Better Margins And LTE Adoption? AT&T is expected to announce its Q1 2013 earnings on April 23. After the record smartphone sales posted in the December quarter, we expect to see a seasonal slowdown in this quarter?s sales. This may have a negative impa...
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Helping to Protect your Investments from Bond Bubbles and Runaway Stocks In my advisory practice, nearly all of my clients are successful technology entrepreneurs. I often find myself offering an objective voice of reason, helping them avoid many of the traps commonly experienced by savvy inv...
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Nike's Massive BRIC Opportunity: China Turning Around And Brazil's World Cup And Olympics Could Take Stock To $80 The tide may have turned for Nike. The athletic footwear company seems poised to see continued margin expansion and the return of profitability in China over the next year. Emboldened by recent success, management appear...
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Netflix's Profit Picture Clears: Q1's Big Beat Sends Stock Above $200 Netflix says its quarterly profit handily beat expectations, swinging into the black from a loss a year earlier.
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Lloyds Seeks Buyer for Shipping Loans

Wall Street Journal - 22 Apr 2013 21:57
Lloyds Banking Group has turned to U.S. hedge funds as it tries to unloan a $609 million portfolio of distressed shipping loans.
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(Kitco News) - After last week's sharp break in metals prices, market watchers expected to see a significant reduction in the net-long positions across the board for the precious metals complex, but instead activity was ...
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Forbes Earnings Preview: Vale

Forbes - 22 Apr 2013 19:53
Wall Street is expecting lower profit for Vale (VALE) when the company reports its first quarter results on Wednesday, April 24, 2013. Analysts are expecting earnings per share of 43 cents after the company booked a prof...
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Forbes Earnings Preview: GlaxoSmithKline

Forbes - 22 Apr 2013 19:52
Analysts have become increasingly bearish on GlaxoSmithKline (GSK) in the month leading up to the company's first quarter earnings announcement scheduled for Wednesday, April 24, 2013. The consensus analyst estimate has ...
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Forbes Earnings Preview: Canon

Forbes - 22 Apr 2013 19:52
Canon (CAJ) reports its first quarter earnings on Wednesday, April 24, 2013.
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Forbes Earnings Preview: Flowserve

Forbes - 22 Apr 2013 19:52
Wall Street is optimistic about Flowserve (FLS), which is slated to report its first quarter results on Wednesday, April 24, 2013. Analysts project a profit of $1.94 a share, a rise from $1.64 per share a year ago.
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Forbes Earnings Preview: Cabot Oil & Gas

Forbes - 22 Apr 2013 19:52
Leading up to Cabot Oil & Gas' (COG) announcement of its first quarter earnings on Wednesday, April 24, 2013 analysts have become more wary as expectations have fallen over the past month to earnings of 26 cents per shar...
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Forbes Earnings Preview: On Assignment

Forbes - 22 Apr 2013 19:52
On Assignment (ASGN) reports its first quarter earnings on Wednesday, April 24, 2013.
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Forbes Earnings Preview: LSI

Forbes - 22 Apr 2013 19:51
In spite of an expected dip in profit, most analysts are positive about LSI (LSI) before it reports its first quarter earnings on Wednesday, April 24, 2013.
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Forbes Earnings Preview: Waste Management

Forbes - 22 Apr 2013 19:51
Waste Management (WM) reports its first quarter earnings on Wednesday, April 24, 2013.
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Forbes Earnings Preview: ABB Ltd (ADR)

Forbes - 22 Apr 2013 19:51
Wall Street is high on ABB (ABB), expecting it to report earnings that are up 10% from a year ago when it reports its first quarter earnings on Wednesday, April 24, 2013. The consensus estimate is 33 cents per share, up ...
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Forbes Earnings Preview: Barrick Gold

Forbes - 22 Apr 2013 19:47
Leading up to Barrick Gold's (ABX) announcement of its first quarter earnings on Wednesday, April 24, 2013 analysts have become more wary as expectations have fallen over the past month to earnings of 88 cents per share ...
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Analysts are looking for decreased profit for Cliffs Natural Resources (CLF) when the company reports its results for the first quarter on Wednesday, April 24, 2013. Cliffs Natural Resources reported profit of 85 cents a...
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