Today’s Market Winners and Losers
Photo by Spencer Platt/Getty ImagesThe stock market is mixed Thursday, with the Dow Jones Industrial Average up 0.04%, the Nasdaq down 0.06% and the S&P 500 up 0.04%. Today’s winners include a wine maker…
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Newest first · Page 400Natural Gas Price Falls on Inventory Data
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 157 billion cubic feet last week, less than the drop of 160 billion to 164 billion cubic feet anticipated…
Argus Makes Big Changes in Three Model Portfolios (GAS, SPLS, F, BDX, ORCL)
Jon OggThe Argus research company has provided investors with quality, independent equity research since 1934. For the individual investor, a source for independent research is always a positive for a portfolio. With no Wall…
Berkshire-Heinz Merger Drives More Value to All Food Giants
ThinkstockThe Berkshire Hathaway Inc. (NYSE: BRK-A) $28 billion buyout of H.J. Heinz Co. (NYSE: HNZ) is already all over the news. What investors need to consider now is how this impacts other large food…
Oil Company to Explore Strategic Alternatives (END)
ThinkstockHouston-based Endeavor International Corp. (NYSE: END) announced this morning that it has hired financial advisors to assist the firm in exploring a “broad range of strategic alternatives to further enhance shareholder value.” The company’s…
Continuing Jobless Claims, the Army of Unemployed, Hits Lowest Level Since Before Recession
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department may have given a disappointing uptick in the unemployment rate two weeks ago, but the weekly jobless claims picture is coming out in a different light…
Top Analyst Upgrades and Downgrades (CTL, SCHW, CL, DELL, DNDN, ETFC, JCP, LEAP, MAS, NVDA, OII, PLCM, PBH, PG, LMT, RAX, AMTD, VZ)
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. CenturyLink Inc. (NYSE: CTL) cut to Neutral at J.P. Morgan, cut to Reduce at Nomura…
UBS Identifies Six Value Stocks Where Cut Estimates Bring Near-Term Upside (UBS, BHI, APC, NAV, LVS, FCX, CY)
2012 earnings season is wrapping up in the United States, and corporate America is set to log its third consecutive quarter of lackluster earnings growth, issuing guidance that is on average below consensus estimates.…
Losses in Europe Continue to Plague GM
Wikimedia CommonsGeneral Motors Co. (NYSE: GM) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the automaker posted diluted earnings per share (EPS) of $0.54 on revenues of $39.3…
Central Banks Buy the Most Gold Since 1964
ThinkstockWorldwide gold demand in 2012 was another record high of $236.4 billion in the World Gold Council’s latest report. This was up 6% in value terms in the fourth quarter to $66.2 billion, the…
PepsiCo Tops Estimates, Guides 2013 In-Line
Wikimedia Commons, Public DomainPepsiCo Inc. (NYSE: PEP) reported fourth-quarter and full-year 20122 results before markets opened this morning. For the quarter, the food and beverage company posted adjusted diluted earnings per share (EPS) of…
Berkshire Hathaway and Buffett Whale Hunt: Acquiring Heinz for $28 Billion
White House Photo by Pete SouzaWarren Buffett is out on another whale hunt acquisition today. Berkshire Hathaway Inc. (NYSE: BRK-A) and 3G Capital are acquiring food giant H.J. Heinz Co. (NYSE: HNZ). The terms…
Barrick Posts Big Net Loss Due to $4 Billion Write-Down
ThinkstockBarrick Gold Corp. (NYSE: ABX) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the gold miner posted adjusted earnings per share (EPS) of $1.11 on revenues of $4.19…
We Were Wrong About American Airlines
courtesy Boeing Co.American Airlines and U.S. Airways Group Inc. (NYSE: LCC) will combine in a merger worth $11 billion. AMR bondholders will own 72% of the combined business. U.S. Airways CEO Doug Parker will be…
Eurozone Faces Persistent Economic Contraction
ThinkstockAs if the news of economic contraction in Japan, Germany and France in the fourth quarter of last year was not bad enough, new data from Eurostat shows the euro area and EU27 have fallen…