Why Merrill Lynch Grows Cautious on Travelers and Unum
Thursday morning brought key downgrades from Merrill Lynch in shares of Unum Group and Travelers Companies.
Thursday morning brought key downgrades from Merrill Lynch in shares of Unum Group and Travelers Companies.
Stocks had been indicated earlier after a massacre event took stocks lower on Wednesday. A disappointing ECB meeting without much new on quantitative easing then took the markets lower. The trend that…
thinkstockOctober 1, 2015: Markets opened higher on Thursday after the morning report the new claims for unemployment benefits were nearly in-line with expectations and that continuing claims have reached a 15 year…
thinkstockAugust 28, 2015: Markets opened lower on Friday, and except for a brief visit above the break-even line, the blue chips traded lower all day. Crude oil settled at $45.22, up more…
thinkstockAugust 13, 2015: Markets opened slightly higher on Thursday following reassurances from the People’s Bank of China that it is nearly finished tinkering with the country’s currency and that the bank is…
The Travelers Companies reported better-than-expected second-quarter 2015 results before markets opened Tuesday morning.
Friday's top analyst upgrades, downgrades and initiations include Bank of America, Google, Intel, Fairchild Semiconductor, Mobileye and National Oilwell Varco.
thinkstockJuly 9, 2015: Markets opened higher on Thursday and that’s when the major indexes posted their daily highs. New claims for unemployment benefits remain at close to the averages for full employment…
Thursday's top analyst upgrades, downgrades and initiations include Apple, Envestnet, Pandora Media, Regeneron Pharmaceuticals, Spectra Energy and Travelers.
thinkstockJuly 1, 2015: Markets opened higher on Wednesday on reports that Greece was prepared to accept the troika’s conditions in order to latch onto another round of bailout money. That turned out…
thinkstockJune 19, 2015: Markets opened mixed on Friday with biotechs boosting the Nasdaq Composite to the upside at the bell. That did not last long, however, and all three major indexes sank…
thinkstockJune 18, 2015: Markets opened higher on Thursday based on the FOMC’s decision to leave interest rates alone and generally good economic data reported early this morning. A weaker dollar also helped…
thinkstockJune 11, 2015: Markets opened higher on Thursday but the day’s events slowly narrowed the gain. The dollar traded higher today, putting pressure on commodities including energy shares. Pessimism over negotiations between…
thinkstockMay 11, 2015: Markets opened lower on Monday and only the Nasdaq Composite was able to spend any serious time above the break-even line during the day. Yields on 10-year Treasuries rose…
The very up and down stock market is poised to wind up the first-quarter earnings reports. That also means that insider activity will start to heat up.