Market News
American Capital Agency Corp (AGNC) Shares Cross Below Book Value
Forbes - 20 May 2013 22:34
In trading on Monday, shares of American Capital Agency Corp (NASD: AGNC) crossed below their last reported book value -- defined as common shareholder equity per share -- of $28.93, changing hands as low as $28.90 per s...
Cardinal Health Named Top Dividend Stock With Insider Buying and 2.54% Yield
Forbes - 20 May 2013 22:10
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...
PG&E Corp.'s 1st Preferred Non-Redeemable Shares Cross 5% Yield Mark
Forbes - 20 May 2013 22:09
In trading on Monday, shares of PG&E Corp.'s 5.5% 1st Preferred Non-Redeemable (AMEX: PCG.PRB) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as ...
Top Buys by Directors: Heneghan's $101.4K Bet on NTLS
Forbes - 20 May 2013 21:09
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
Daily Wrap: May 20, 2013
Forbes - 20 May 2013 20:41
It was a mostly mixed day of trading on Wall Street with stocks trading lower in the afternoon as investors appeared to remain on the sidelines amid worries over the Federal Reserve's quantitative easing program coming t...
See How Discover Financial Services Ranks Among Analysts' Top Picks With Strong Buyback Activity
Forbes - 20 May 2013 20:31
A study of analyst recommendations at the major brokerages shows that Discover Financial Services (NYSE: DFS) is the #20 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback act...
Goodyear Tire & Rubber Co.'s Mandatory Convertible Preferred Stock Yield Pushes Past 6%
Forbes - 20 May 2013 20:29
In trading on Monday, shares of Goodyear Tire & Rubber Co.'s 5.875% Mandatory Convertible Preferred Stock (NASD: GTPPP) were yielding above the 6% mark based on its quarterly dividend (annualized to $2.9375), with shares...
STAG Industrial's Series A Cumulative Redeemable Preferred Stock Yield Pushes Past 8%
Forbes - 20 May 2013 20:28
In trading on Monday, shares of STAG Industrial Inc.'s 9.0% Series A Cumulative Redeemable Preferred Stock (NYSE: STAG.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.25), with shar...
Bank of America Corp.'s Floating Rate Non-Cumulative Preferred Stock, Series E Shares Cross 4% Yield Mark
Forbes - 20 May 2013 20:27
In trading on Monday, shares of Bank of America Corp.'s Floating Rate Non-Cumulative Preferred Stock, Series E (NYSE: BAC.PRE) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.9889), with...
Urstadt Biddle Properties Series D Senior Cumulative Preferred Stock Yield Pushes Past 7%
Forbes - 20 May 2013 20:25
In trading on Monday, shares of Urstadt Biddle Properties Inc's 7.5% Series D Senior Cumulative Preferred Stock (NYSE: UBP.PRD) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.875), with...
Alteva Named Top Dividend Stock With Insider Buying and 10.81% Yield
Forbes - 20 May 2013 20:24
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...
Analyst Moves: RRC, PCLN, LOW
Forbes - 20 May 2013 20:20
Stifel Nicolaus downgraded shares of Range Resources (RRC) from buy to hold citing valuation.
Analyst Moves: ABT, ACN, EFX, JCP
Forbes - 20 May 2013 20:12
Goldman Sachs (GS) upgraded shares of Abbott Labratories (ABT) from neutral to buy citing growth of margin expansion. Additionally Goldman upgraded Accenture (ACN) shares to buy placing a $90 target price. On Friday, Acc...
Monday 5/20 Insider Buying Report: LPSN, FTEK
Forbes - 20 May 2013 19:59
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
Monday's ETF with Unusual Volume: DTN
Forbes - 20 May 2013 19:54
The WisdomTree Dividend ex-Financials Fund ETF (DTN) is seeing unusually high volume in afternoon trading Monday, with over 168,000 shares traded versus three month average volume of about 65,000. Shares of DTN were trad...
Daily Dividend Report: UMPQ, SJT, CRT, AVIV, SPAN
Forbes - 20 May 2013 19:51
This morning Umpqua Holdings (UMPQ) announced its quarterly dividend of 15 cents per share, an increase of about 50% over its prior dividend in March of 10 cents. Ray Davis, President and CEO of Umpqua Holdings Corporati...
Daily Dividend Report: HAL, NOV, ESV, WLK, CSC
Forbes - 20 May 2013 19:41
On Friday, Halliburton Company (HAL) announced that it will be maintaining its quarterly dividend of 12.5 cents per share. Based on the current stock price, investors can expect a yield of about 1.1% going forward. Share...
Forbes Earnings Preview: Lowe's
Forbes - 20 May 2013 19:06
Wall Street is expecting higher profit for Lowe's (LOW) when the company reports its first quarter results on Wednesday, May 22, 2013. The consensus estimate is calling for profit of 51 cents a share, a rise from 43 cent...
Forbes Earnings Preview: Hewlett-Packard
Forbes - 20 May 2013 19:05
Hewlett-Packard (HPQ) is expected to report poor second quarter earnings on Wednesday, May 22, 2013 with analysts expecting a 17.3% drop in earnings from a year ago. The consensus estimate is 82 cents per share, down fro...
Forbes Earnings Preview: Staples
Forbes - 20 May 2013 19:05
Analysts are looking for decreased profit for Staples (SPLS) when the company reports its results for the first quarter on Wednesday, May 22, 2013. Staples reported profit of 30 cents a year ago, but the consensus estima...
Forbes Earnings Preview: L Brands
Forbes - 20 May 2013 19:05
Wall Street is expecting higher profit for L Brands (LTD) when the company reports its first quarter results on Wednesday, May 22, 2013. The consensus estimate is calling for profit of 46 cents a share, a rise from 41 ce...
Forbes Earnings Preview: PetSmart, Inc.
Forbes - 20 May 2013 19:02
Wall Street is high on PetSmart (PETM), expecting it to report earnings that are up 12.9% from a year ago when it reports its first quarter earnings on Wednesday, May 22, 2013. The consensus estimate is 96 cents per shar...