By William Trent, CFA of Stock Market BeatWe recently said that “As we have pointed out before, Intuit’s (INTU) stock price is highly seasonal. It goes up in anticipation of ... Read Full Story »
By William Trent, CFA of Stock Market BeatSmall Cap Watch List and Mid Cap Watch List member Cato Corporation (CTR) reported earnings of $0.40 for the fourth quarter and $1.62 ... Read Full Story »
Although the S&P 500 has yet to take out the old highs, the 10-day Advance/Decline line for the Index has moved into overbought territory by our measures. Financials, Capital Goods, ... Read Full Story »
UPWARD MOVERS:Adams Respiratory Therapeutics (Nasdaq: ARXT) +$5.20; Entered into a settlement agreement with Mutual Pharmaceutical Co. and United Research Laboratories, Inc., both wholly owned subsidiaries of Pharmaceutical Holdings Chattem (Nasdaq: ... Read Full Story »
This morning, Doug ran an article discussing some of the inherent problems that could come out of the new video services aimed at competing against Google's (GOOG-NASDAQ) YouTube. General Electric's ... Read Full Story »
China YouTV Corp. (CYTV-OTC) is one stock that has been on a tear in recent days, yet no one really knows the company yet. CYTV shares are up threefold in ... Read Full Story »
After a little up-tick yesterday when Starbucks (SBUX) said it would add 10,000 stores over the next four years, and double revenue in five, the stock is moving back down ... Read Full Story »
This is a mystery, so if you are looking for an answer, skip this section of the test and go to the next question. The Shanghai Composite hit an all-time ... Read Full Story »
Ultrapetrol (ULTR) is looking to sell $201 million in a stock offering, although it has not set the terms nor the number of shares. Lead underwriters are UBS Investment Bank ... Read Full Story »
Biovail (BVF) downgraded from Buy to Neutral.Raytheon (RTN) downgraded from Neutral to Sell.Eaton (ETN) started as Buy.Triad Hospitals (TRI) started as Neutral (coverage universe transfer after analyst been covering the ... Read Full Story »
(ABAX) Abaxis announces CLIA waived status for two additional medical test panels.(AMZN) Amazon.com’s partnership at Borders is being terminated.(ARWR) Arrowhead Research subsidiary Unidym to merge with Carbon Nanotechnologies for $5.4 ... Read Full Story »
ALU cut to Neutral at Goldman Sachs.APKT started as Hold at Stifel Nicolaus.ARO cut to Neutral at B of A.AZN cut to Underweight at JPMorgan.BBBB cut to Buy at First ... Read Full Story »
Markets in Europe are sharply higher at 6.20 AM New York time.The FTSE is up .7% to 6,300. Barclays is up 2.3% to 729. BP is up 1.2% to 522.5. ... Read Full Story »
After a number of missteps, Motorola's stock fell from $23 in 2001 to under $7 in 2003. The stock did not make it back to $23 until late 2005 and ... Read Full Story »
Several media outlets including the LA Times, are reporting that NBC (GE) and News Corp are setting up their own video distribution operation as a way to by-pass YouTube (GOOG). ... Read Full Story »