- Analyst Moves: EOG, ICE – EOG Resources (EOG) was upgraded today by Wells Fargo (WFC) to outperform from market perform, as the company continues to execute its business model well and deliver value to shareholders. Shares are …
- Daily Market Wrap: May 22, 2012 – A positive housing report sent stocks higher today, but investors remained cautious as Japan’s credit rating was downgraded by Fitch on fears over government debt. The National Association of Re …
- What’s In The News: May 21, 2012 – This is what’s in the news for Monday May 21, 2012. The Wall Street Journal reports Irvin Goldman, the JPMorgan (NYSE:JPM) chief risk officer who oversaw risk management at the unit responsible …
- Daily Dividend Report: RL, ESV, HRL, TAP, DSW – Ralph Lauren Corporation (RL) announced its quarterly dividend of 40 cents per share, an increase of about 100% over its prior dividend in March of 20 cents. The company also reported better-than-expe …
- Tuesday Sector Leaders: General Contractors & Builders, Construction Materials & Machinery Stocks – In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 2.7%. Leading the group were shares of Desarrolladora Homex S A DE (HXM), up about 4.3% a …
- Best Buy Announces Earnings – Best Buy (BBY) announced that profit fell to $158 million, or 46 cents per share, versus $212 million, or 53 cents per share, in the same period last year. Revenue increased to $11.61 billion from $11 …
- Avon Scandal to affect Downgrade Alert for Avon Products (AVP) – Avon Products (NYSE:AVP) was downgraded from Neutral to Sell at UBS today. The stock closed yesterday at $16.95 on volume of 9.4 million shares, below average daily volume of 10.9 million.According to …
- American Eagle Kids come up short – American Eagle has announced that they will be holding an analyst meeting on Wednesday to discuss the future of their 77Kids division. With a $40 million dolllar loss posting from last year, the kids …
- Daily Market Wrap: May 21, 2012 – The markets opened on a positive note, and held onto their gains, despite ongoing concerns over the euro zone and a possible deal for Greece. On the earnings front, Lowe’s (LOW) posted a 14 perc …
- Monday Sector Leaders: Precious Metals, Auto Parts – In trading on Monday, precious metals shares were relative leaders, up on the day by about 2.5%. Leading the group were shares of Entree Gold (EGI), up about 13.3% and shares of Extorre Gold Mines Lim …
- Week Ahead Market Report: May 21, 2012 – The first trading day of the week has investors closely monitoring ongoing talks in Europe hoping that a deal can be reached with Greece. Good morning, this is Sayoko Murase with the Week Ahead Market …
- What’s In The News: May 18, 2012 – This is what’s in the news for Friday May 18, 2012. The Wall Street Journal reports bad debts held by Spanish banks jumped to a 17-year high in March, according to the country’s central ba …
- Hewlett-Packard Could Cut Up To 30,000 Jobs – Hewlett-Packard is planning on making some big changes to its personnel. According to the New York Times, HP’s CEO Meg Whitman announced the company will be cutting 30,000 or more jobs next week …
- El Paso Pipeline Acquires Remaining 14% Interest In Colorado Interstate Gas (EP) – El Paso Pipeline (NYSE:EP) announced it would acquire the remaining 14% interest in Colorado Interstate Gas and all of Cheyenne Plains Investment, which owns Cheyenne Plains Gas Pipeline from El Paso …
- JP Morgan Chase Had No Treasurer As CIO Places Trade (JPM) – business, finance, investing, stock, news, trading, analysis, market
