Stock Market News
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Glacier Bancorp Hits New 52-Week High - Analyst Blog
Shares of Glacier Bancorp Inc. ( GBCI ) achieved a new 52-week high, touching $20.83 at the beginning of the trading session on Jun 17. The closing price of this regional bank reflects aPublished: 6/18/2013 23:30:57 PM -
Himax Hikes Annual Dividend - Analyst Blog
Leading fabless semiconductor solution provider, Himax Technologies, Inc. ( HIMX ), recently increased its yearly dividend from 6.3 cents per ADS (American Depository Shares) to 25 cents.Published: 6/18/2013 23:30:37 PM -
Las Vegas Sands Kept at Neutral - Analyst Blog
We maintain our Neutral recommendation on the U.S. based casino operator Las Vegas Sands Corp. ( LVS ). Although Las Vegas Sands' strong brand name and expansion strategy will bode well forPublished: 6/18/2013 23:30:17 PM -
Contracts Flow in for Boeing - Analyst Blog
The Boeing Company ( BA ) has clinched a deal with Qatar Airways for nine Boeing 777-300ER (Extended Range) airplanes. The deal has a total value of $2.8 billion at list prices and includesPublished: 6/18/2013 23:30:01 PM -
Tellabs Inks Deal with WESCO - Analyst Blog
Tellabs Inc. ( TLAB ) a leading diversified manufacturer of telecom equipment signed a deal with WESCO International Inc. ( WCC ) to supply Tellabs' Optical LAN solution through itsPublished: 6/18/2013 23:29:42 PM -
Rite Aid Continues Debt Refinancing - Analyst Blog
Drugstore chain retailer, Rite Aid Corporation ( RAD ) has come up with its second refinancing scheme in this month, commencing a $400 million senior notes offering maturing in 2021. ThePublished: 6/18/2013 23:20:01 PM -
Nordstrom to Close Long Beach Store - Analyst Blog
Nordstrom Inc. ( JWN ) has decided to shutter its 33,000 square feet Rack store at Long Beach City Place in Long Beach, Calif. After enjoying nearly 12 years of patronage from the customersPublished: 6/18/2013 23:15:01 PM -
Terex Falls on Lowered Guidance - Analyst Blog
Shares of Terex Corporation ( TEX ) dropped around as much as 16% after the company lowered its 2013 earnings guidance. Terex slashed its full-year earnings (excluding items) guidance toPublished: 6/18/2013 23:10:01 PM -
Embraer's E2-Jets Bring in Orders - Analyst Blog
Embraer SA ( ERJ ) has launched the second generation of its E-Jets family of commercial aircraft, E-Jets E2. This set includes three new planes E175-E2, E190-E2 and E195-E2. With thePublished: 6/18/2013 22:31:49 PM -
Tesoro to Divest Tesoro Hawaii LLC - Analyst Blog
Independent refiner Tesoro Corporation ( TSO ) has entered into a deal with an affiliate of Par Petroleum Corporation, an energy firm with interests in wide ranging assets. PerPublished: 6/18/2013 22:31:27 PM -
Philip Morris Retained at Neutral - Analyst Blog
On Jun 14, we retained our Neutral recommendation on Philip Morris International ( PM ) as the company delivered soft results in the first quarter of fiscal 2013. Currency headwinds,Published: 6/18/2013 22:31:08 PM -
MRC Wins Contract from Celanese - Analyst Blog
Houston, Texas-based, Fortune 500 company, MRC Global Inc. ( MRC ), recently inked a contract with another Texas-based Fortune 500 company, Celanese Corporation ( CE ), to provide pipe,Published: 6/18/2013 22:30:48 PM -
Microsemi Launches New Design Tool - Analyst Blog
Microsemi Corporation ( MSCC ), an original equipment manufacturer (OEM) of a broad range of high-reliability and analog/mixed signal integrated circuits, has introduced a new design tool,Published: 6/18/2013 22:30:21 PM -
Dow's JV Finances Sadara Project - Analyst Blog
Dow Chemical ( DOW ) announced that Sadara Chemical Company, its joint venture with Saudi Arabian Oil Company (Saudi Aramco), has secured main financing for the Sadara project. SadaraPublished: 6/18/2013 22:30:01 PM -
NOC to Upgrade Navigation System - Analyst Blog
Northrop Grumman Corporation ( NOC ) received an order from Wicklow, Ireland based Arklow Shipping to upgrade container vessels with VisionMaster FT Electronic Chart Display &Published: 6/18/2013 22:29:44 PM -
DaVita and Myriad Join Forces - Analyst Blog
Recently, DaVita Labs, the dialysis division of DaVita HealthCare Partners Inc. ( DVA ) and Myriad RBM entered into a strategic liaison. Myriad RBM is a wholly owned subsidiary of aPublished: 6/18/2013 22:25:01 PM -
EXR to Buy 20 Self-Storage Facilities - Analyst Blog
Recently, Extra Space Storage Inc . ( EXR ) announced that its operating partnership subsidiary - Extra Space Storage LP - inked a contribution deal with the several companies affiliatedPublished: 6/18/2013 22:20:01 PM -
Avnet's New Data Solution for HP - Analyst Blog
Distributor of IT solutions, Avnet Technology Solutions ( AVT ), recently rolled out a channel-ready big data and analytics solution for Hewlett-Packard partners in the U.S. and Canada.Published: 6/18/2013 22:15:01 PM -
NRP to Purchase Stake in Bakken Play - Analyst Blog
Natural Resource Partners L.P. ( NRP ) announced that it has an inked an agreement to buy a non-operated stake in oil and gas assets located in the Bakken/Three Forks formation fromPublished: 6/18/2013 22:15:01 PM -
EAC Increases Credit Facility - Analyst Blog
Erickson Air-Crane Inc. ( EAC ) after a successful negotiation with financial institutions was able to enhance its five-year revolving credit facility to $125 million. On May 2, thePublished: 6/18/2013 22:10:01 PM -
ViroPharma Up on Takeover Rumors - Analyst Blog
Shares of ViroPharma Inc. ( VPHM ) recently jumped 6.30% on potential buyout rumors. As per Reuters, several pharmaceutical companies have shown an interest in acquiring ViroPharma givenPublished: 6/18/2013 21:32:31 PM -
Foster Acquires Ingen - Analyst Blog
Foster Wheeler AG ( FWLT ) recently acquired UK's upstream consultancy company Ingen Ideas. The financial details of the transaction were not disclosed. Ingen will be included in Foster'sPublished: 6/18/2013 21:32:20 PM -
Hewlett-Packard Wins Another Deal - Analyst Blog
More contract wins are coming in the way of Hewlett-Packard Company ( HPQ ). Recently, the 20 th Century Fox announced the selection of H-P as its strategic cloud partner. Fox will bePublished: 6/18/2013 21:32:07 PM -
Host Hotels Hikes Dividend Again - Analyst Blog
Consistent with its efforts to enhance stockholders' value, Host Hotels & Resorts Inc. ( HST ) raised its quarterly cash dividend by 10% sequentially to 11 cents per share fromPublished: 6/18/2013 20:32:32 PM -
Data on Astex Candidate - Analyst Blog
Astex Pharmaceuticals, Inc. ( ASTX ) recently presented data from the phase I portion (dose-escalation) of the SGI-110-01 study in patients with intermediate or high risk relapsed orPublished: 6/18/2013 20:32:13 PM -
Lockheed Martin Hits a New High - Analyst Blog
On Jun 17, 2013, the shares of Lockheed Martin Corp. ( LMT ) hit a 52-week high of $109.25. The adjusted closing price was $108.27 per share, a 2.7% jump from the beginning of the month.Published: 6/18/2013 20:31:50 PM -
Sprint Sues DISH Networks - Analyst Blog
After being snubbed by Clearwire Corp. ( CLWR ), which backed DISH Network Corp. 's ( DISH ) $4.40 per share offer, Sprint Nextel Corp. ( S ) seems to gear up for vendetta. ThePublished: 6/18/2013 20:31:25 PM -
Risk Reward Balances Best Buy - Analyst Blog
We reiterate our long-term Neutral recommendation on Best Buy Co., Inc . ( BBY ) with a target price of $28.00. Why the Reiteration? Best Buy is undergoing a turnaround programPublished: 6/18/2013 20:31:01 PM -
Positive Data on Incyte's Jakafi - Analyst Blog
Incyte Corporation ( INCY ) recently announced positive long-term data from two ongoing studies on Jakafi. Incyte presented data from the studies at the 18th Congress of the EuropeanPublished: 6/18/2013 20:30:23 PM -
Ariad's Iclusig in GIST Phase II Study - Analyst Blog
Ariad Pharmaceuticals, Inc. ( ARIA ) recently announced the commencement of an open-label, multicenter phase II trial of Iclusig (ponatinib) in patients suffering from metastatic and/orPublished: 6/18/2013 20:30:01 PM -
Choice Hotels' Cambria Suites in Plano - Analyst Blog
Choice Hotels International Inc. ( CHH ) is set to open a new hotel under its contemporary brand - Cambria Suites - in Plano, Texas in association with O'Reilly Hospitality Management,Published: 6/18/2013 20:29:35 PM -
LBTYA Eyes Kabel Deutschland - Analyst Blog
U.S. media giant, Liberty Global Inc. ( LBTYA ) has made an offer to acquire Germany's largest cable network company, Kabel Deutschland Holding AG. Liberty Global Inc. has outbidPublished: 6/18/2013 20:20:01 PM -
Stocks Rise Ahead of the Big Bad Fed
Overnight, Asian markets were relatively flat with the Japanese Nikkei 225 (INDEXNIKKEI:NI225) down 0.20%. News continued to surface from China that it was experiencing serious fundingPublished: 6/18/2013 20:20:00 PM -
Natural Gas Supplies Up by 95 Bcf - Analyst Blog
The U.S. Energy Department's weekly inventory release showed an in-line rise in natural gas supplies on account of mild seasonal weather. However, on a bearish note, the build was well aheadPublished: 6/18/2013 20:10:01 PM -
National Oilwell Slips to Strong Sell - Analyst Blog
On Jun 18, Zacks Investment Research downgraded global large-cap energy equipment maker, National Oilwell Varco ( NOV ) to a Zacks Rank #5 (Strong Sell). Why the Downgrade? NationalPublished: 6/18/2013 19:30:43 PM -
Enterprise, Western Gas Form JV - Analyst Blog
Midstream energy service provider, Enterprise Products Partners, L.P. ( EPD ), and Western Gas Partners, LP ( WES ) have teamed up to hold natural gas liquid (NGL) fractionation trainsPublished: 6/18/2013 19:30:16 PM -
MannKind Completes Afrezza Studies - Analyst Blog
MannKind Corporation ( MNKD ) recently completed a phase III study (Study 175: n=353) on its diabetes candidate Afrezza. MannKind completed all follow-up visits for the enrolled patients inPublished: 6/18/2013 19:30:01 PM -
Should You Buy The Market's Most Controversial Stock?
There is nothing more frustrating than finding a seemingly attractive young company, only to discover that itsshares have already risen 800% in the past seven months. Then again, seeingPublished: 6/18/2013 19:30:00 PM -
Campbell to Acquire Danish Snack Maker - Analyst Blog
Campbell Soup Company ( CPB ) recently announced its plans to acquire Denmark-based Kelsen Group A/S from Maj Invest - a private equity firm and several other investors. The strategicPublished: 6/18/2013 19:29:35 PM -
Priceline (PCLN) is Flying High
By Adil Yousuf Priceline.com. (NASDAQ:PCLN) has served as the ideal middleman for years, with William Shatner satisfying all your travel needs at the price you desire. ThePublished: 6/18/2013 19:20:28 PM -
BSX Commences U.S. INTREPID Trial - Analyst Blog
Recently announced, medical device major Boston Scientific Corporation ( BSX ) began patient enrollment for its INTREPID trial in the U.S. with the first implantation of its Vercise DBSPublished: 6/18/2013 19:20:01 PM -
9 Takeaways From SolarCity Corp's Chart
The below chart is of SolarCity Corp ( SCTY ), which engages in the design, installation, and sale or lease of solar energy systems to residential and commercial customers, and governmentPublished: 6/18/2013 19:15:00 PM -
Quality Systems in EHR Association - Analyst Blog
NextGen Healthcare Information Systems, a full subsidiary of Quality Systems Inc. ( QSII ) and a player in the health care information technology market, recently revealed its intentionPublished: 6/18/2013 19:10:01 PM -
Sector Strength Charts: Where's the Opportunity Now? - Real Time Insight
We know the sectors that have lead us to new all-time highs in the S&P 500: Financials, Consumer Discretionary, and Healthcare. And we know through bottom-up stock-picking whyPublished: 6/18/2013 19:06:01 PM -
Metro Bancorp Hits New 52-Week High - Analyst Blog
Shares of Metro Bancorp, Inc. ( METR ) hit a new 52-week high, touching $20.54 in the first half of the trading session on Jun 17. However, the stock closed the session at $19.98, whichPublished: 6/18/2013 18:31:51 PM -
Cooper Hits 52-Week High - Analyst Blog
Shares of The Cooper Companies Inc. ( COO ), a company operating in the contact lens and women's health markets, hit a new 52-week high of $124.08 before closing at $122.80 on Jun 17, 2013.Published: 6/18/2013 18:31:17 PM -
Dentsply Reiterated at Neutral - Analyst Blog
On Jun 17, we retained DENTSPLY International Inc. ( XRAY ) at Neutral following its first-quarter results. Although the first-quarter results were not impressive, we are confident that thePublished: 6/18/2013 18:30:30 PM -
Alliant Inks Deal with Rolls-Royce - Analyst Blog
Alliant Techsystems Inc. ( ATK ) has entered into an agreement, worth over $50 million, with the United Kingdom-based Rolls-Royce plc. If both the parties agreed, the contract could expandPublished: 6/18/2013 18:30:01 PM -
BioScrip Grows with CarePoint Buyout - Analyst Blog
In a bid to expand its home infusion business, BioScrip Inc. ( BIOS ) inked a definitive agreement to take over Ohio-based CarePoint Partners Holdings and its subsidiaries for cash paymentPublished: 6/18/2013 18:29:41 PM -
ECL's Campinas Unit Doubles in Size - Analyst Blog
Leading cleaning and sanitation products maker Ecolab Inc. ( ECL ) has expanded its Research, Development & Engineering (RD&E) Center in Campinas, São Paulo. ThePublished: 6/18/2013 18:20:01 PM -
TTEK Wins $22.4M Restoration Contract - Analyst Blog
Tetra Tech Inc. ( TTEK ) recently received a three-year, $22.4 million worth remediation and restoration program for a 280-acre Rio Tinto Plc 's ( RIO ) copper mine site in Elko County,Published: 6/17/2013 23:30:02 PM -
Positive Appraisal Results for Noble - Analyst Blog
Noble Energy Inc. ( NBL ) announced positive appraisal results from its Gunflint prospect in the deepwater Gulf of Mexico (GoM). The second appraisal well, Mississippi Canyon 992 #1, in thePublished: 6/17/2013 23:30:01 PM -
Ryder on Neutral Track - Analyst Blog
On Jun 14, we maintained our Neutral recommendation on Ryder System Inc. ( R ), owing to favorable industry fundamentals along with improved average fleet age, prospects in rental businessPublished: 6/17/2013 23:29:31 PM -
Rambus Adds Feature to LED Bulbs - Analyst Blog
Rambus Inc. ( RMBS ) added a new feature to its recently invented light emitting diode (LED) bulbs. Its latest LED 65-watt PAR30 bulbs and the 75-watt BR30 bulbs will now have a regulatorPublished: 6/17/2013 23:25:01 PM -
Rio Tinto Prices Bonds - Analyst Blog
Rio Tinto Finance (USA) plc, a subsidiary of Rio Tinto plc ( RIO ), announced the pricing of $3.0 billion fixed and floating rate bonds. Each of the bond categories comprises two tranchesPublished: 6/17/2013 23:20:01 PM -
AutoNation Remains Neutral - Analyst Blog
On Jun 12, we maintained our Neutral recommendation on AutoNation Inc. ( AN ) based on its optimal brand and market mix, which is driving the sales of new vehicles. Further, the companyPublished: 6/17/2013 23:15:01 PM -
EMCOR Subsidiary Wins Contract - Analyst Blog
EMCOR Group Inc .'s ( EME ) subsidiary Poole & Kent Company recently received a contract to install a reverse osmosis water treatment plant in Clearwater, FL. The financial terms ofPublished: 6/17/2013 23:15:01 PM -
Management Restructuring by Cintas - Analyst Blog
Specialized business service provider Cintas Corporation ( CTAS ) recently announced a reshuffle in some of its top leadership roles in sales and operations to fortify it for furtherPublished: 6/17/2013 23:10:01 PM -
Mechel Starts Rail Rolls Hot Testing - Analyst Blog
Russian miner Mechel OAO ( MTL ) declared that hot testing of rail rolls production has started at Chelyabinsk Metallurgical Plant's universal rolling mill. With the launch of hot testing,Published: 6/17/2013 22:32:11 PM -
Janus Enters into Notes Exchange Deal - Analyst Blog
Janus Capital Group Inc. ( JNS ) recently entered into a privately negotiated deal in which it will exchange about $117 million of newly issued 0.75% Convertible Senior Notes with $110Published: 6/17/2013 22:31:56 PM -
Hawaiian Electric Stays Neutral - Analyst Blog
We have maintained our Neutral recommendation on Hawaiian Electric Industries Inc. ( HE ) on Jun 12, 2013 based on the company's constructive regulatory structure and strong regulatedPublished: 6/17/2013 22:31:41 PM -
IRWD Launches Constella in Europe - Analyst Blog
Ironwood Pharmaceuticals, Inc. ( IRWD ) recently announced that it has launched Constella in collaboration with Almirall, S.A. in Europe. The European Commission approved the drug in NovPublished: 6/17/2013 22:31:21 PM -
Kohl's Strengthens Customer Service - Analyst Blog
The specialty retailer, Kohl's Corporation ( KSS ), is geared to boost its sales by revamping its customer service. Kohl has set up a new facility dedicated to customer service at WaterviewPublished: 6/17/2013 22:30:59 PM -
Omnicom Collaborates with Salesforce - Analyst Blog
Omnicom Media Group - the media services arm of Omnicom Group Inc. ( OMC ) - recently inked an agreement with leading customer relationship management (CRM) software provider salesforce.comPublished: 6/17/2013 22:30:39 PM -
Avery Enhances BOPP Films Range - Analyst Blog
Avery Dennison Corporation ( AVY ) has expanded its Prime Film Portfolio of biaxially-oriented polypropylene (BOPP) films with the addition of four new facestocks. The new BOPP films with aPublished: 6/17/2013 22:30:15 PM -
SE to Transfer Assets to MLP - Analyst Blog
Texas-based Spectra Energy Corporation ( SE ) plans to transfer all of its remaining U.S. Transmission and Storage assets to its limited partnership interest Spectra Energy Partners, LPPublished: 6/17/2013 22:30:01 PM -
Petrobras Arm, BTG Pactual in JV - Analyst Blog
Petrobras International Braspetro BV, a wholly-owned subsidiary of Brazil's state-run energy giant Petroleo Brasileiro S.A. , or Petrobras ( PBR ) has entered into a joint venture withPublished: 6/17/2013 22:29:36 PM -
T. Rowe Price Reiterated at Neutral - Analyst Blog
On Jun 12, 2013, we reiterated our long-term recommendation on T. Rowe Price Group, Inc. ( TROW ) at Neutral based on the company's potential to take advantage of the economic recoveryPublished: 6/17/2013 22:25:01 PM -
Simcere Ties Up with Bristol-Myers - Analyst Blog
Simcere Pharmaceutical Group ( SCR ) recently announced that it has entered into a strategic agreement with Bristol-Myers Squibb Company ( BMY ). The agreement further expandsPublished: 6/17/2013 22:20:01 PM -
Technology Stock Roundup: Google Shows Mettle, Apple in Free-fall - Analyst Blog
Last week was jam-packed with events, showcases, acquisitions, court cases, government-bashing and more. Here are a few of the top stories. Apple: Between the Devil and the Deep Blue SeaPublished: 6/17/2013 22:18:01 PM -
Marriott Pinned at Neutral - Analyst Blog
We reaffirm our Neutral recommendation on Marriott International Inc. ( MAR ) following an appraisal of its first quarter 2013 results. Though strong first quarter results and anPublished: 6/17/2013 22:15:01 PM -
Walmex May Sell Restaurant Group - Analyst Blog
According to media reports, Walmex, the Mexican subsidiary of the giant retailer, Walmart Stores ( WMT ), is weighing its options on selling its restaurant chain in the country.Published: 6/17/2013 22:10:01 PM -
FNB to Acquire BCSB Bancorp - Analyst Blog
F.N.B. Corporation ( FNB ) is moving forward with its strategy to grow through acquisitions. The company announced a deal to acquire Baltimore-based BCSB Bancorp, Inc. ( BCSB ) andPublished: 6/17/2013 21:55:01 PM -
Gold and Silver Outlook: Will the Fed Taper QE3?
Submitted by Trading NRG as part of our contributors program . The prices of gold and silver haven't done much during last week as they moved in an unclear trend. Next week, however,Published: 6/17/2013 21:50:39 PM -
German Court Rules in Favor of MDT - Analyst Blog
It seems that the flow of good news for medical devices major, Medtronic ( MDT ), remains uninterrupted. Recently, as per news by Bloomberg, the company won a patent infringement casePublished: 6/17/2013 21:32:30 PM -
DISH Forays into Rural Markets - Analyst Blog
DISH Network Corp. ( DISH ) - the second largest satellite TV operator in the U.S. and NTELOS Holdings Corp. ( NTLS ) - a leading regional wireless network operator - jointlyPublished: 6/17/2013 21:32:20 PM -
Dean Foods Furthers WhiteWave Spin-Off - Analyst Blog
The spin-off of The WhiteWave Foods Co . ( WWAV ) from its parent company, Dean Foods Company ( DF ), reached the final stages as the former filed a secondary offering of its Class APublished: 6/17/2013 21:32:09 PM -
Label Expansion for Astellas Drug - Analyst Blog
Astellas Pharma Inc. ( ALPMY ) recently announced the approval of Prograf in Japan for an additional indication. Prograf is now approved for interstitial pneumonia associated withPublished: 6/17/2013 21:31:56 PM -
Synergy Resources Prices Share Issue - Analyst Blog
Platteville, Colorado-based Synergy Resources Corp. ( SYRG ) has priced an upsized public offering of 11,500,000 common shares at $6.25 a piece, with a 30-day over-allotment option forPublished: 6/17/2013 21:31:45 PM -
Lockheed Wins DoD Contracts - Analyst Blog
Lockheed Martin Corp ( LMT ) clinched two back-to-back contracts from the Department of Defense. The contracts are valued at a total of $17.1 million. The first contract worth $7.2Published: 6/17/2013 21:31:31 PM -
GM Expands SUV Recall - Analyst Blog
General Motors Company ( GM ) expanded its 2012-late Aug recall of 249,260 units of midsize sport utility vehicles (SUVs) by 231,000 units after receiving more reports of vehicle firesPublished: 6/17/2013 21:31:12 PM -
US Launch of Forest's Namenda XR - Analyst Blog
Forest Laboratories, Inc. ( FRX ) recently announced the launch of its Alzheimer's drug, Namenda XR, in the US. Namenda XR (28 mg) is a once-daily extended-release version of thePublished: 6/17/2013 21:30:52 PM -
Costco Continues Decent Sales Run - Analyst Blog
The U.S. economy is still grappling with an uneven recovery, and companies are tussling to survive the downturn. Amid this environment, Costco Wholesale Corp ( COST ) has nearlyPublished: 6/17/2013 21:30:17 PM -
A.M. Best Rates Berkshire Subsidiaries - Analyst Blog
A.M. Best Co. has reiterated the financial strength rating as well as issuer credit ratings of the subsidiaries of Berkshire Hathaway Inc. ( BRK.A ) ( BRK.B ). BerkshirePublished: 6/17/2013 21:30:01 PM -
Huntington Wins 7th NSC Deal - Analyst Blog
The Ingalls Shipbuilding unit of Huntington Ingalls Industries ( HII ) received a contract from the U.S. Coast Guard to build the seventh National Security Cutter (NSC). The $76.8Published: 6/17/2013 21:29:50 PM -
Advent Boosts Investor Confidence - Analyst Blog
Information technology software solutions and services provider, Advent Software Inc. ( ADVS ) recently announced a special cash dividend of $9 per share to be paid on Jul 9 toPublished: 6/17/2013 21:25:01 PM -
Roche's Tarceva Progresses in Japan - Analyst Blog
Roche ( RHHBY ) recently announced that it has obtained approval for an additional indication of oncology drug Tarceva from the Japanese Ministry of Health, Labour and Welfare (MHLW).Published: 6/17/2013 21:20:01 PM -
A.M. Best Avows Global Indemnity Ratings - Analyst Blog
A.M. Best Co. avowed the Issuer Credit Rating (ICR) of "bbb" of Global Indemnity plc ( GBLI ). Concurrently, the rating agency reiterated the financial strength rating (FSR) ofPublished: 6/17/2013 21:15:01 PM -
Amgen Xgeva Label Expanded - Analyst Blog
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Raytheon Flooded with DoD Contracts - Analyst Blog
Raytheon Company ( RTN ) has received a sizeable $534.8 million firm-fixed-price contract for the production of Advanced Medium-Range Air-to-Air Missiles (AMRAAM) for the U.S. Air ForcePublished: 6/17/2013 20:31:59 PM -
American Capital Downgraded - Analyst Blog
On Jun 14, 2013, we downgraded our long-term recommendation on American Capital, Ltd. ( ACAS ) to Neutral from Outperform. This was based on the company's first-quarter 2013 operatingPublished: 6/17/2013 20:31:35 PM -
Telus to Repurchase 4M Shares - Analyst Blog
Canadian telecom company TELUS Corporation ( TU ) announced its plans to repurchase 4 million shares. This share buyback program is part of its 15 million share repurchase authorizationPublished: 6/17/2013 20:31:05 PM -
Elan Explores Sale Options - Analyst Blog
In light of the offers and interests received so far, Elan Corporation, plc ( ELN ) recently announced that it is gearing up for a formal sale process. Elan share prices shot upPublished: 6/17/2013 20:30:29 PM -
Murphy Oil Remains Neutral - Analyst Blog
We have maintained our Neutral recommendation on Murphy Oil Corporation ( MUR ). The reiteration is primarily based on the company's strong financial position and significant progress inPublished: 6/17/2013 20:29:38 PM -
Four Retail Stocks to Consider Following May's Better-Than-Expected Data
The Department of Commerce released its May food and retail sales report on Thursday, and the numbers beat expectations. Sales increased by 0.6% from April 2013, which surpassed the medianPublished: 6/17/2013 20:15:00 PM -
Two Types of Gaps Traders Will Find on Charts (and What They Each Mean)
Gaps are usually defined as a strong imbalance of supply (sell orders) or demand (buy orders) on a market open, causing price to open above or below the previous session's settlement price.Published: 6/17/2013 19:53:00 PM -
China Will Power Yum! Brands, Inc. Growth
Yum! Brands, Inc. ( YUM ) is the parent company behind KFC, Pizza Hut, Taco Bell, Long John Silvers, and A&W. The company has 39,000 restaurants in more than 130 countries. Yum'sPublished: 6/17/2013 19:33:00 PM -
Adobe Earnings Preview: Will It Miss? - Analyst Blog
Adobe Systems Inc . ( ADBE ) is set to report second quarter 2013 results on June 18. Last quarter, it posted a 10.0% positive surprise. Let's see how things are shaping up for thisPublished: 6/17/2013 19:31:35 PM -
Statoil Finds Oil at Johan Sverdrup - Analyst Blog
Norwegian major Statoil ASA ( STO ) and its partners have completed the appraisal of an important well in the western section of the Johan Sverdrup field in the Norwegian sector of thePublished: 6/17/2013 19:30:51 PM -
CenturyLink Acquires AppFog - Analyst Blog
CenturyLink Inc. ( CTL ) announced plans to take over a Platform-as-a-Service (PaaS) provider - AppFog, Inc. - for an undisclosed figure. The acquired company will be added to SavvisPublished: 6/17/2013 19:30:12 PM -
Allscripts Wins a Major UK Client - Analyst Blog
Allscripts Healthcare Solutions, Inc. ( MDRX ), a leading player in the health care information technology (HCIT) market, recently reported that Salford Royal NHS Foundation TrustPublished: 6/17/2013 19:30:01 PM -
'Bernanke-Proof' Your Portfolio With These Dividend Growers
Will interest rates continue their recent ascent? If so, many investors will come to question the wisdom of holding dividend-payingstocks . After all,bonds andCDs are virtuallyPublished: 6/17/2013 19:30:00 PM -
Microsoft Partners Best Buy - Analyst Blog
Microsoft Corp. ( MSFT ) recently announced a partnership with Best Buy ( BBY ) to roll out Windows Stores across the its 500 outlets in the U.S. with an additional 100 in Canada.Published: 6/17/2013 19:29:38 PM -
Emerging market Fund Flows – Nasty but could be worse and might get worse
Last week, Emerging Market Equity Fund Flows were down for the 4th straight week with the largest outflows seen since the August 2011 bloodbath. China ( FXI , quote ) was the bigPublished: 6/17/2013 19:24:10 PM -
XOMA Commences Gevokizumab Study - Analyst Blog
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Fed – Tapering or the definition of tapering
Despite a buoyant market ahead of the Fed the afternoon session is being clouded by concern coming out of a Financial Times (FT) article about how Big Ben may be more ready to talk tapering onPublished: 6/17/2013 18:49:28 PM -
Cabot Downgraded to Strong Sell - Analyst Blog
On Jun 15, Zacks Investment Research downgraded independent oil and gas exploration and production (E&P) company, Cabot Oil & Gas Corporation ( COG ) to a Zacks Rank #5Published: 6/17/2013 18:31:04 PM -
Myriad: End to Legal Battle over Patents - Analyst Blog
The much hyped Supreme Court ruling regarding legal claims that challenge its patent landscape is out for Myriad Genetics Inc. ( MYGN ) and it seems like a halfway triumph for thisPublished: 6/17/2013 18:30:39 PM -
Mindray to Takeover ZONARE - Analyst Blog
Chinese medical devices major Mindray Medical International Limited ( MR ) recently reported a definitive agreement to takeover ZONARE Medical Systems, Inc. (ZONARE), for $105 million.Published: 6/17/2013 18:30:08 PM -
Keeping a Balanced View on Cliffs - Analyst Blog
We have retained our Neutral recommendation on mining company Cliffs Natural Resources ( CLF ) following its mixed first-quarter 2013 results. While Cliffs should benefit from expandingPublished: 6/17/2013 18:30:01 PM -
Recent Rise in Real Interest Rates Could Jeopardize US Economic Recovery
Since the end of March, 10-year real yields, as measured by US Treasury Inflation-Protected Securities ( TIPS ), have risen from deeply negative territory to around 0.1%. Real interest ratesPublished: 6/17/2013 18:30:00 PM -
What Will the Fed Do Wednesday? - Real Time Insight
The 6 month stock market rally stalled out once investors started thinking about the end of QE. This included a 5% pullback in stocks and a hefty increase in Treasury bond rates. SoPublished: 6/17/2013 18:29:31 PM -
TRW Automotive Hits 52-Week High - Analyst Blog
Shares of TRW Automotive Holdings Corp. ( TRW ) hit a new 52-week high of $65.42 on Jun 14, which is above its previous level of $65.23, and closed at $64.71 on the same day. The closingPublished: 6/17/2013 18:20:01 PM -
Chevron Starts Angola LNG Project - Analyst Blog
Cabinda Gulf Oil Company Limited - a subsidiary of energy major Chevron Corporation ( CVX ) - announced the start-up of production from its first Angola LNG (liquefied natural gas)Published: 6/17/2013 18:10:01 PM -
What's Really Going on With Bonds? LIBOR Rates Have the Answer
I've always believed that investors need to pay attention to what the bond markets are telling us. However, simply following headline news can create more confusion than clarity. In the pastPublished: 6/17/2013 17:40:00 PM -
Dick's Sporting Adds New Store in Fla. - Analyst Blog
Full-line sporting goods retailer, Dick's Sporting Goods Inc. ( DKS ), announced the addition of a new store in Fla. at the Cordova Mall in Pensacola. Celebrations to mark the store'sPublished: 6/17/2013 17:30:51 PM -
Rock-Tenn Reaches 52-Week High - Analyst Blog
Shares of Rock-Tenn Company ( RKT ) reached a new 52-week high of $105.97 on June 14, higher than its previous high of $104.09. Rock-Tenn has delivered a robust one-year return ofPublished: 6/17/2013 17:30:01 PM -
Syngenta Maintained at Neutral - Analyst Blog
On Jun 14, 2013, we reaffirmed our long-term Neutral recommendation on Syngenta AG ( SYT ) as risk reward remains fairly balanced for the stock at this juncture. Why the Reiteration?Published: 6/17/2013 17:30:01 PM -
Chwnghwa Telecom Remains Neutral - Analyst Blog
We maintain our Neutral recommendation on Chunghwa Telecom Co. Ltd. ( CHT ) based on its mixed financial results for the first quarter of 2013. Chunghwa is the largest integratedPublished: 6/17/2013 17:29:30 PM -
Positive Data for COV's Solitaire - Analyst Blog
International health care products major, Covidien plc ( COV ) presented encouraging data at the 2013 European Stroke Conference regarding the superiority of its endovascular offering,Published: 6/17/2013 17:25:01 PM -
Be Wary of Buying DuPont on This Dip
Despite a few choppy trading sessions last week, the bulls remain in the driver's seat as made evident by the stock market's largely uninterrupted ascent. Although price action continues toPublished: 6/17/2013 17:25:00 PM -
Microsoft Office on iPhone - Analyst Blog
The world's largest software maker Microsoft Corp. ( MSFT ) announced the launch of a Windows app for Apple's ( AAPL ) iPhone. However, Microsoft is not offering this app on iPad.Published: 6/17/2013 17:10:01 PM -
Bank of America (BAC): Today's Most Compelling Stock Buy
SoTM Bull's Eye Report - Today's Most Compelling Buy Monday, June 17, 2013 At StateoftheMarkets.com , we strive to "own the best and ignore thePublished: 6/17/2013 16:47:46 PM -
Kraft to Open Two New Units - Analyst Blog
Packaged food and beverage company Kraft Foods Group Inc. ( KRFT ) recently announced that it intends to create two new standalone business units from Jul 1, namely Meals and DessertsPublished: 6/17/2013 16:31:04 PM -
Starwood's Aloft Forays into Cancun - Analyst Blog
Aloft, one of the brands of Starwood Hotels & Resorts Worldwide Inc. ( HOT ), unveiled a property in Cancun, Mexico. The property marks Starwood's 25th opening in Mexico and itsPublished: 6/17/2013 16:30:27 PM -
SolarWinds Downgraded to Strong Sell - Analyst Blog
On Jun 11, 2013, Zacks Investment Research downgraded SolarWinds Inc. ( SWI ) to a Zacks Rank #5 (Strong Sell). Why the Downgrade? The downgrade reflects SolarWindsPublished: 6/17/2013 16:30:01 PM -
Yahoo Acquires Rondee - Analyst Blog
Internet giant Yahoo! Inc. ( YHOO ) recently announced the acquisition of enterprise conference call service provider, Rondee. Financial details of the deal were not disclosed. PaloPublished: 6/17/2013 16:29:35 PM -
Is gold at a reflection point?
The price of gold this afternoon remains slightly lower by 0.43% or -$6.00 to $1,381.60 as gold traders remain on the sidelines ahead of the Federal Reserve policy meeting and statementPublished: 6/17/2013 16:24:38 PM -
Paychex Acquires HR Services Inc. - Analyst Blog
Payroll and human resource (HR) outsourcing service provider Paychex Inc. ( PAYX ) recently announced the acquisition of HR Services Inc., a provider of comprehensive HR solutions for anPublished: 6/17/2013 16:20:01 PM -
BIP to Divest Timber Assets - Analyst Blog
Brookfield Infrastructure Partners L.P. ( BIP ) has entered into an agreement with an undisclosed buyer to sale its interest in the U.S. Pacific Northwest timberland operations. The totalPublished: 6/17/2013 16:10:01 PM -
Good News for Celgene's Revlimid - Analyst Blog
Encouraging news flowed in at Celgene Corporation ( CELG ) from Europe with the European Commission (EC) amending the company's marketing authorisation for Revlimid and approving the drugPublished: 6/17/2013 15:31:15 PM -
Hey Homies, BULL is the word! - Real Time Insight
On a day with the market blistering higher, it's good to see some love return to the homebuilders, or homies as I like to call them. Over the last month or so, this very same group wasPublished: 6/17/2013 15:30:45 PM -
Data on BMY/ AbbVie's elotuzumab - Analyst Blog
Bristol-Myers Squibb Company ( BMY ) and partner AbbVie Inc. ( ABBV ) recently presented data on their oncology candidate, elotuzumab, from a phase II study. Results were presented atPublished: 6/17/2013 15:30:10 PM -
Rockwood to Divest Ceramics Business - Analyst Blog
Specialty chemicals and advanced materials company Rockwood Holdings, Inc. ( ROC ) has agreed to divest its advanced ceramics business CeramTec to private equity firm Cinven for €1.49Published: 6/17/2013 15:30:01 PM -
Market Sentiment Offers Clues to Next Big Move in Stocks
The stock market's latest pullback has some bulls on edge. After an uninterrupted rally that started in November, the recent pullback deleted 5% of gains and has thus far become the largestPublished: 6/17/2013 15:30:00 PM -
DuPont Opens Seed Facility in Ukraine - Analyst Blog
Chemical giant DuPont ( DD ) opened a seed production facility in Stasi, Dykanka region, Poltava oblast, Ukraine to help farmers increase their harvests. The facility will produce seeds ofPublished: 6/17/2013 15:29:35 PM -
Schwab's May DATs Improve - Analyst Blog
In its monthly market activity report for May 2013, The Charles Schwab Corporation ( SCHW ) reported Daily Average Trades (DATs) of 505,400. The DATs were up 17% from 432,300 in thePublished: 6/17/2013 15:20:01 PM -
Still Neutral on Jones Lang LaSalle - Analyst Blog
On Jun 14, 2013, we reiterated our long-term recommendation on Jones Lang LaSalle Inc. ( JLL ) at Neutral based on its top-line improvement, market share expansion, decent balance sheetPublished: 6/17/2013 15:10:01 PM -
Insiders at Atlas Resource Partners, L.P. and Linn Energy LLC Purchase Shares; PBF Energy Inc Sees a Major Sale
Welcome to our daily roundup of top insider trades. Here's a look at the most significant inside sales and purchases filed with the SEC on Friday, June 14, 2013. Notable Purchases: EdwardPublished: 6/17/2013 14:40:00 PM -
Restoration Hardware Surges on Upbeat Outlook - Analyst Blog
Gaining momentum from the better-than-expected results and an upbeat outlook, shares of Restoration Hardware Holdings, Inc . ( RH ) jumped 16% to close at $68.47 on Friday. In fact, sharePublished: 6/17/2013 14:32:10 PM -
What's in Store for Kroger in 1Q13 Earnings? - Analyst Blog
The Kroger Co. ( KR ) is slated to report its first-quarter fiscal 2013 results on Jun 20, 2013. In the last quarter, it posted a positive surprise of 25.7%. Let's see how things arePublished: 6/17/2013 14:31:02 PM -
JPMorgan to Shed Private Equity Unit - Analyst Blog
JPMorgan Chase & Co . ( JPM ) is set to divest its private equity arm, One Equity Partners ('OEP'). This divestiture will aid One Equity Partners raise its own investment funds.Published: 6/17/2013 14:30:21 PM -
GenCorp Closes Rocketdyne Buy - Analyst Blog
Leading aerospace products manufacturer GenCorp Inc. ( GY ) recently completed the acquisition of the Pratt & Whitney Rocketdyne business from diversified business conglomeratePublished: 6/17/2013 14:30:01 PM -
Ellington Financial Upped to Strong Buy - Analyst Blog
On Jun 15, 2013, Zacks Investment Research upgraded Ellington Financial LLC ( EFC ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? Ellington Financial has been witnessing risingPublished: 6/17/2013 14:29:39 PM -
The Fed in Focus This Week - Ahead of Wall Street
Monday, June 17, 2013 The stock market has been all over the place in recent weeks as it struggled with sizing up the Fed's next move. Sentiment appears positive ahead of the open, withPublished: 6/17/2013 14:26:01 PM -
Key Announcements by Weyerhaeuser - Analyst Blog
Weyerhaeuser Company ( WY ) made a number of strategic announcements on June 16, 2013, all of which might have long-term implications on its operations once implemented. Firstly,Published: 6/17/2013 14:20:01 PM -
Dissecting the Jump in Real Interest Rates
One of these days I am going entitle an article "You Are Going to Lose All of Your Money and Be Very Unhappy About It," but today is not that day, despite all of the reasons we havePublished: 6/17/2013 14:00:00 PM -
Random Thoughts: World Peace Breaks Out for Global Stock Markets
Editor's Note: Todd posts his vibes in real time each day on our Buzz & Banter . We woke up this morning to find the world a happier place. Japan, from the peak on May 22 toPublished: 6/17/2013 13:52:00 PM -
New 52-Week High for Colfax - Analyst Blog
Shares of Colfax Corporation ( CFX ) touched a new 52-week high of $52.63 during its trading session on Jun 14. This represents an increase of 1.3% over its previous high.Published: 6/17/2013 13:32:09 PM -
Lithia Acquires O'Brien Dealerships - Analyst Blog
Automotive retailer Lithia Motors Inc. ( LAD ) expanded its footprint in Salem, Ore. with the acquisition of O'Brien Auto Group of Salem. The sale included O'Brien's stores, whichPublished: 6/17/2013 13:31:32 PM -
Honeywell Powers Airbus A350 XWB - Analyst Blog
Along with other industry players, diversified technology company Honeywell International Inc. ( HON ) has successfully contributed to the designing of the new Airbus A350 XWB (XtraPublished: 6/17/2013 13:30:34 PM -
Will Rite Aid Beat Earnings Est. Again? - Analyst Blog
Rite Aid Corp . ( RAD ) is set to declare its first-quarter fiscal 2014 results on Jun 20. The last reported quarter was the second consecutive quarter in which the company postedPublished: 6/17/2013 13:30:01 PM -
Technical Analysis: What Can This Advanced System Do For You?
It was September 2008, and the stock market was in chaos. The Dow Jones industrial average experienced its largest point decline, plunging 777 points in just one session. The support of thePublished: 6/17/2013 13:30:00 PM -
Stock Upgrades: Find Room in Your Portfolio for Extra Space Storage, Inc.
In the week pen maker A.T. Cross ( ATX ) surged some 11.62% even as most other equities sank, the writing was clearly on the wall for Wall Street. (It certainly was for the suddenly singlePublished: 6/17/2013 13:22:00 PM -
Stock Downgrades: Red Hat Inc Goes Cap in Hand
It felt fitting that an upgraded Groupon ( GRPN ) jumped 10.23% last week, for the market overall reduced many investors to coupon-clipping penury. Shares slumped as a global trail ofPublished: 6/17/2013 13:21:00 PM -
Smithfield's Earnings Miss, Rev Beat - Analyst Blog
Meat producer Smithfield Foods Inc ( SFD ) posted earnings of 21 cents per share in the fourth quarter of fiscal 2013, missing the Zacks Consensus Estimate of 42 cents by 50.0%. ThePublished: 6/17/2013 13:20:01 PM -
New Stock Coverage: Tesla Motors Inc Is in the Driver's Seat
Japan, whose current ocular obsession is awfully odd , continued to give investors everywhere the evil eye. Ongoing concerns about the Nikkei (INDEXNIKKEI:NI225), which dropped anotherPublished: 6/17/2013 13:19:00 PM -
Zacks #1 Rank Additions for Monday - Tale of the Tape
Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Ellington Financial ( EFC ) KapStone Paper and Packaging Corp ( KS ) Lear Corporation ( LEA )Published: 6/17/2013 13:15:01 PM -
Zacks #5 Rank Additions for Monday - Tale of the Tape
Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Alps Electric Co ( APELY ) Ann Inc ( ANN ) Cabot Oil & Gas Corporation ( COG )Published: 6/17/2013 13:15:01 PM -
LTC Properties, Inc. (LTC) Ex-Dividend Date Scheduled for June 18, 2013
LTC Properties, Inc. ( LTC ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.155 per share is scheduled to be paid on June 28, 2013. Shareholders who purchasedPublished: 6/17/2013 13:00:04 PM -
Cohen & Steers Dividend Majors Fund (DVM) Ex-Dividend Date Scheduled for June 18, 2013
Cohen & Steers Dividend Majors Fund ( DVM ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.23 per share is scheduled to be paid on June 28, 2013.Published: 6/17/2013 13:00:04 PM -
Colonial Intermediate High Income Fund (CIF) Ex-Dividend Date Scheduled for June 18, 2013
Colonial Intermediate High Income Fund ( CIF ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.019 per share is scheduled to be paid on June 28, 2013.Published: 6/17/2013 13:00:04 PM -
Solar Capital Ltd. (SLRC) Ex-Dividend Date Scheduled for June 18, 2013
Solar Capital Ltd. ( SLRC ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.6 per share is scheduled to be paid on July 01, 2013. Shareholders who purchased SLRCPublished: 6/17/2013 13:00:04 PM -
BankFinancial Corporation (BFIN) Ex-Dividend Date Scheduled for June 18, 2013
BankFinancial Corporation ( BFIN ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.01 per share is scheduled to be paid on June 28, 2013. Shareholders whoPublished: 6/17/2013 13:00:04 PM -
Ramco-Gershenson Properties Trust (RPT) Ex-Dividend Date Scheduled for June 18, 2013
Ramco-Gershenson Properties Trust ( RPT ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.1683 per share is scheduled to be paid on July 01, 2013. ShareholdersPublished: 6/17/2013 13:00:04 PM -
Heartland Express, Inc. (HTLD) Ex-Dividend Date Scheduled for June 18, 2013
Heartland Express, Inc. ( HTLD ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.02 per share is scheduled to be paid on July 02, 2013. Shareholders who purchasedPublished: 6/17/2013 13:00:04 PM -
MFS Multimarket Income Trust (MMT) Ex-Dividend Date Scheduled for June 18, 2013
MFS Multimarket Income Trust ( MMT ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.037 per share is scheduled to be paid on June 28, 2013. Shareholders whoPublished: 6/17/2013 13:00:04 PM -
Scudder Municiple Income Trust (KTF) Ex-Dividend Date Scheduled for June 18, 2013
Scudder Municiple Income Trust ( KTF ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.07 per share is scheduled to be paid on June 28, 2013. Shareholders whoPublished: 6/17/2013 13:00:04 PM -
Brookfield Mortgage Opportunity Income Fund Inc. (BOI) Ex-Dividend Date Scheduled for June 18, 2013
Brookfield Mortgage Opportunity Income Fund Inc. ( BOI ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.1271 per share is scheduled to be paid on June 28, 2013.Published: 6/17/2013 13:00:04 PM -
Scudder Strategic Municiple Income Trust (KSM) Ex-Dividend Date Scheduled for June 18, 2013
Scudder Strategic Municiple Income Trust ( KSM ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.077 per share is scheduled to be paid on June 28, 2013.Published: 6/17/2013 13:00:04 PM -
Scudder Multi-Market Income Trust (KMM) Ex-Dividend Date Scheduled for June 18, 2013
Scudder Multi-Market Income Trust ( KMM ) will begin trading ex-dividend on June 18, 2013. A cash dividend payment of $0.07 per share is scheduled to be paid on June 28, 2013. Shareholders whoPublished: 6/17/2013 13:00:04 PM -
EMC Insurance Group Inc. Enters Oversold Territory - Tale of the Tape
EMC Insurance Group Inc 's ( EMCI ) share price has entered into oversold territory with an RSI value of 29.93. The Zacks Consensus Estimate on EMC Insurance Group Inc.'s earnings for thePublished: 6/17/2013 10:29:29 AM
