Archive

Year: 2013

All Year: 2013 Articles

Newest first · Page 307

U.S. Railroads: Do CSX Results Provide a Signal?

Thinkstock After CSX Corp. (NYSE: CSX) reported its first quarter results last night, investors began selling the railroad company’s stock and shares are down about 3% this morning. The company is the first of…

Paul Ausick · 13 years ago

Merrill Lynch Offers Four Key Biotech Drug Updates

ThinkstockBiotech pipeline news and biotech drug news continues to hit. A report from Bank of America/Merrill Lynch is highlighting four small-cap to mid-cap biotech stocks with positive prescription trends so far in 2013. The analyst…

Jon C. Ogg · 13 years ago

Fairway Market Launches Public Offering

ThinkstockNew York City-based grocery store chain Fairway Group Holdings Corp. (NASDAQ: FWM) held its initial public offering today, with shares going out at $13, above the expected range of $10 to $12 a share.…

Paul Ausick · 13 years ago

Crude Inventory Report Cannot Fight Commodities Sell-Off

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1.2 million barrels last week, bringing the total U.S. commercial crude inventory to 387.6…

Paul Ausick · 13 years ago

Sales of Martha Stewart Products at J.C. Penney Blocked

Courtesy J.C. Penney Co. Inc.; photo by Chris RupertA judge of the New York state appeals court has issued a temporary order that prevents J.C. Penney Co. Inc. (NYSE: JCP) from selling certain home…

Paul Ausick · 13 years ago

ING U.S. Files for IPO

ThinkstockDutch-based bank insurance giant ING Groep N.V. (NYSE: ING) has filed an amended Form S-1 with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of 64.2 million shares in an…

Paul Ausick · 13 years ago

Top Wall Street Analyst Downgrades and Stocks to Sell

Jon OggInvestors and traders see many Buy ratings from Wall S. analysts, but they often overlook or do not see Sell ratings and analyst downgrades when they are doing research. 24/7 Wall St. reviews…

Jon C. Ogg · 13 years ago

Top Wall Street Analyst Upgrades and Positive Views

Jon OggInvestors and traders are always on the lookout for fresh research ideas from Wall St. that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls to…

Jon C. Ogg · 13 years ago

Abbott Labs Earnings: A Mixed Report

ThinkstockAbbott Laboratories (NYSE: ABT) reported first-quarter 2013 results before markets opened this morning. The drugmaker reported adjusted diluted earnings per share (EPS) of $0.42 on revenues of $5.38 billion. In the same period last…

Paul Ausick · 13 years ago

Wall Street Analysts Defend Gold Miners

ThinkstockIt is no secret that the gold bugs got squashed, but Wall St. analysts are starting to have something different to say. The price of gold broke from a peak of close to $1,800,…

Jon C. Ogg · 13 years ago

China OKs Glencore-Xstrata Merger

ThinkstockSwiss-based commodities trading house and mining company Glencore International announced last night that it has received approval from China’s Ministry of Commerce for its merger with Xstrata. The Chinese government did, however, insist on…

Paul Ausick · 13 years ago

Bank of America Earnings: Sometimes Great Is Just Not Enough

Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) is out with it first-quarter earnings, and the report leaves a little something to be desired. Earnings were $2.6…

Jon C. Ogg · 13 years ago