US Market News
Short Sellers Could Help GenCorp Shares Possibly Double
Short sellers are an interesting lot. They may be betting against the market or against a specific stock, but they are a necessary and useful aspect required for most markets. GenCorp Inc. (NYSE: GY) is ...
Rising Global Growth Set to Push These Four Stocks Higher This Year
In a new research report, Deutsche Bank analysts start coverage on some of the top machinery names on Wall Street. Here are their four top machinery stocks to buy that may offer investors a good way to ...
UPDATE: Keefe, Bruyette & Woods Upgrades EMC Insurance as Valuation Discount to Peers is Too Much to Ignore
In a report published Friday, Keefe, Bruyette & Woods analyst Neil Cybart upgraded the rating on EMC Insurance (NASDAQ: EMCI ) from Market Perform to Outperform, and raised the price target from $30.00 ...
Top 10 IPOs to Watch in 2014
Initial public offerings appear to be off to a strong start this year. 24/7 Wall St. has reviewed the field and compiled a list of the most widely followed IPOs this year. These are the top 10 IPOs to ...
Market Wrap For Febuary 20: S&P 500 Inches Closer To New Highs
U.S. stocks overcame mixed economic data and earning reports as the S&P 500 inches towards new all time highs and the Dow recorded an almost triple digit point gain. Jobless claims declined less than expected ...
ITT Shares Unchanged After Company Raises Dividend by 10% to $0.11 Per Share
ITT Corporation (NYSE: ITT ) announced today that it is increasing its dividend by 10 percent to 11 cents per share on the company's outstanding stock. The ITT Board of Directors has approved the cash ...
MDC Partners Shares Unchanged After Company Raises Quarterly Dividend 12.5% from $0.16 to $0.18 Per Share
(NASDAQ: MDCA; TSX: MDZ.A) -- MDC Partners Inc. ("MDC Partners" or the "Company") today announced that its Board of Directors has declared a cash dividend of $0.18 per share on all ...
Plantronics Shares Roughly Unchanged After Announcing 1M Share Buyback
Plantronics (NYSE: PLT ) today announced that it has completed its previous 1,000,000 share repurchase authorization announced in November 2013 and has authorized an additional 1,000,000 shares to be repurchased. ...
Mid-Afternoon Market Update: Markets Level off the Rally as Conn's Continues to Drop
Toward the end of trading Thursday, the Dow traded up 0.68 percent to 16,150.25 while the NASDAQ surged 0.76 percent to 4,270.19. The S&P also rose, gaining 0.70 percent to 1,841.61. Leading and Lagging ...
Mid-Day Market Update: Tesla Surges On Upbeat Results; Conns Shares Drop
Midway through trading Thursday, the Dow traded up 0.29 percent to 16,087.25 while the NASDAQ surged 0.34 percent to 4,252.19. The S&P also rose, gaining 0.32 percent to 1,834.61. Leading and Lagging Sectors ...
Mid-Morning Market Update: Markets Edge Lower; Facebook To Buy WhatsApp For $16B
Following the market opening Thursday, the Dow traded down 0.15 percent to 16,017.12 while the NASDAQ dropped 0.15 percent to 4,231.66. The S&P also fell, declining 0.17 percent to 1,825.60. Leading and ...
Top Chemicals Stocks Favored By Jefferies
In a new research report on the chemicals industry favored, analysts at Jefferies wrote that Huntsman (NYSE: HUN ), PPG Industries (NYSE: PPG ) and 3M (NYSE: MMM ). These came out on top in three metrics ...
Five Diversified Industrials Set to Benefit From Commercial Construction Boom
In a new research report, the analysts at Stifel make the case that while residential housing construction should remain strong, non-residential may have a lot more upside from this juncture in the market....
Facebook Announces $16B Merger With WhatsApp; Stock Falls
Read the updated version of this story here . In an SEC form 8-K filed Wednesday afternoon, Facebook (NASDAQ: FB ) shocked Wall Street by announcing a $16 billion deal to acquire WhatsApp. The deal will ...
Tesla Jumps After Crushing Analyst Estimates
Tesla (NASDAQ: TSLA ) may have closed down this afternoon, but the stock is soaring now that the company has revealed its impressive fourth quarter results. There was a lot riding on this earnings release, ...
Mid-Afternoon Market Update: Markets Dip on IMF Comments
Toward the end of trading Wednesday, the Dow traded down 0.41 percent to 16,063.68 while the NASDAQ dropped 0.82 percent to 4,237.65. The S&P also fell, declining 0.56 percent to 1,830.87. Leading and ...
Why Everyone Now Likes Analog Devices Even More
Analog Devices, Inc. (NASDAQ: ADI) reported earnings on Tuesday, but there is more noise and action from analysts than we could have ever expected. The earnings were a beat before items, but the real excitement ...
Mid-Day Market Update: US Stocks Turn Red; La-Z-Boy Declines On Downbeat Results
Midway through trading Wednesday, the Dow traded down 0.26 percent to 16,088.68 while the NASDAQ dropped 0.57 percent to 4,248.65. The S&P also fell, declining 0.32 percent to 1,834.87. Leading and Lagging ...