Market News

Durable goods orders recorded their biggest drop in nearly a year in July

The burgeoning market value is a turnabout for Facebook, whose stock slumped as low as $17.73 in September

In trading on Monday, shares of Novavax, Inc. (NASD: NVAX) touched a new 52-week high of $3.12/share. That's a 105.26% rise, or $1.6 per share from the 52-week low of $1.52 set back on 11/15/2012. That means at today's i...

Activist hedge fund manager Dan Loeb targeted auction house Sotheby's on Monday, buying more than 5% and announcing his intention to engage management.

The US markets are mixed as we head into the close with the S&P down about 0.2%, the Dow lower by 0.2% and the NASDAQ up about 0.1%.

Two weeks ago, Carl Icahn hit Twitter to tell everyone about the ?large position? he's built in Apple. Shares in Apple are up 6.5% since his August 13 tweet.

Market creeps higher, Netflix and Facebook eye all-time highs.

Development the latest in string of surprises to surface since exchange abruptly suspended trading on 31 July

On the surface, this stock seems expensive because it trades at a trailing P/E of 263. However, its five-year expected PEG ratio (P/E dividend by 5-yr. EPS growth rate) is only 1.24. By this measure, the stock is inexpen...

On 8/28/13, Alliant Energy Corp.'s 5.100% Series D Cumulative Perpetual Preferred Stock (NYSE: IPL.PRD) will trade ex-dividend, for its quarterly dividend of $0.3187, payable on 9/16/13. As a percentage of IPL.PRD's rece...

On 8/28/13, MetLife Inc's 6.50% Non-Cumulative Preferred Stock, Series B (NYSE: MET.PRB) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 9/16/13. As a percentage of MET.PRB's recent share price ...

On 8/28/13, Maiden Holdings Ltd's 8.25% Non-Cumulative Preference Shares, Series A (NYSE: MH.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 9/16/13. As a percentage of MH.PRA's recent shar...

On 8/28/13, Southwest Bancorp, Inc.'s 10.50% Trust Preferred Securities (NASD: OKSBP) will trade ex-dividend, for its quarterly dividend of $0.6562, payable on 9/16/13. As a percentage of OKSBP's recent share price of $2...

On 8/28/13, Bank of Montreal's 6.20% Non-Cumulative Dollar Preference Shares, Series A (NYSE: HBC.PRA) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 9/16/13. As a percentage of HBC.PRA's recen...

This is one of those situations where you get paid to wait, picking up $1.40 per share each year in dividends, kicked out at a 35-cent quartelry pace, up from 33 cents last year, and double the payout in 2007.

On 8/28/13, HSBC Holdings plc's 6.36% Non-Cumulative Preferred Stock, Series B (NYSE: HSBC.PRB) will trade ex-dividend, for its quarterly dividend of $0.3975, payable on 9/13/13. As a percentage of HSBC.PRB's recent shar...

On 8/28/13, Wells Fargo & Co.'s 8.00% Non-Cumulative Perpetual Class A Preferred Stock, Series J (NYSE: WFC.PRJ) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 9/16/13. As a percentage of WFC.PRJ...

On 8/28/13, UBS AG's UBS Preferred Funding Trust IV Floating Rate Non-Cumulative Trust Preferred Securities (NYSE: UBS.PRD) will trade ex-dividend, for its monthly dividend of $0.0190, payable on 9/16/13. As a percentage...

On 8/28/13, Pennsylvania Real Estate Investment Trust's 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares (NYSE: PEI.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 9/16/13. A...

On 8/28/13, AG Mortgage Investment Trust Inc's 8.25% Series A Cumulative Redeemable Preferred Stock (NYSE: MITT.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 9/17/13. As a percentage of M...

On 8/28/13, Barclays PLC's Non-Cumulative Callable Dollar Preference Shares, Series 3 (NYSE: BCS.PRA) will trade ex-dividend, for its quarterly dividend of $0.4437, payable on 9/16/13. As a percentage of BCS.PRA's recent...

On 8/28/13, Bank of America Corp.'s 6.204% Non-Cumulative Preferred Stock, Series D (NYSE: BAC.PRD) will trade ex-dividend, for its quarterly dividend of $0.3877, payable on 9/16/13. As a percentage of BAC.PRD's recent s...