Stocks & Markets

December 2, 2008

Finding Opportunities in a Bear Market

It has been a rotten time to be an investor. But Ned Davis Research, a financial research firm in Venice, Fla., has some good news: In times like these, during a ...

December 2, 2008

Stocks Rebound

U.S. stocks rose Tuesday following Monday's huge stock market sell-off that represented the fourth largest point decline on record for the Dow industrials. The broader...

December 2, 2008

S&P Picks and Pans: GE, Sears, Staples, Beazer Homes, St. Jude Medical

S&P MAINTAINS HOLD OPINION ON SHARES OF GENERAL ELECTRIC (GE; 16.92): We are lowering our 2008 EPS estimate by $0.14 to $1.82, primarily due to an expected $1.2 ...

December 2, 2008

Analyst Actions: Williams-Sonoma, Palm, Global Payments

MERRILL UPGRADES WILLIAMS-SONOMA TO BUY FROM UNDERPERFORM Merrill Lynch analyst Alan Rifkin says his upgrade of Williams-Sonoma (WSM) is based on a long-term outlook; ...

December 2, 2008

Movers: GE, Staples, Goldman Sachs, Palm, Sears

General Electric (GE) says fourth quarter EPS trending toward $0.50-$0.52, the low end of previous view of $0.50-$0.65. It says it's evaluating restructuring and other...

December 1, 2008

S&P Picks and Pans: Yahoo, eBay, Ford, Johnson & Johnson, Alkermes

S&P REITERATES BUY OPINION ON SHARES OF YAHOO INC. (YHOO; 11.51): An unconfirmed report in The Times of London states that YHOO is in talks to sell its search business...

December 1, 2008

Analyst Actions: GE, eBay, Host Hotels

MERRILL CUTS GENERAL ELECTRIC EPS ESTIMATES Merrill Lynch analyst John Inch says General Electric's (GE) CFO and top members of GE Capital are scheduled to talk ...

December 1, 2008

Dow Plunges 680 Points on Economic Woes

Different month, same stock market. U.S. stocks suffered a sharp sell-off on the first day of December, and closed at their worst levels of the session. The large-cap ...

December 1, 2008

Movers: GE, Ford, Yahoo, Mentor, AON, GM

General Electric (GE) falls 1.26 to 15.91 after Merrill Lynch cuts GE EPS forecasts to reflect the incrementally worse industrial, financial services environment. Rohm...

November 28, 2008

Financial Crisis Hits Health-Care Companies

As the collapse of the housing market and the related financial crisis have continued to unfold, the numbers of those struggling to meet mortgage payments, newly ...

November 28, 2008

Analyst Actions: STMicroelectronics, Callon Petroleum

STMicroelectronics Nomura maintains buy STMicro (STM) lowered its guidance for fourth quarter results. Nomura analyst Richard Windsor said the miss was due to end ...

November 28, 2008

S&P Picks and Pans: RIMM, Schlumberger, Wyeth

11/28/2008- 9:36am S&P MAINTAINS BUY OPINION ON SHARES OF SUPERIOR ENERGY SERVICES (SPN; 17.39) U.S. Minerals Management Service says that hurricanes Ike and Gustav ...

November 28, 2008

Stocks Finish Higher

U.S. stocks, wrapped up a dismal November by closing higher on Friday after struggling for direction in slow post-Thanksgiving trading. There were no major U.S. ...

November 28, 2008

Movers: Eli Lilly, STMicro, Panasonic, Watson Pharma

CALLON PETROLEUM CO. (CPE) Down 4.98 to 2.25 Callon will suspend operations underway to develop the Entrada Field located on the Garden Banks 782 Block in the ...

November 26, 2008

S&P Picks and Pans: Deere, Tiffany, BCE, Dillard's, Bank of America, ...

S&P REITERATES HOLD RECOMMENDATION ON SHARES OF DEERE & CO. (DE; 29.99): Shares are down sharply today after DE posts October-quarter EPS of $0.81, vs. $0.94. This ...

November 26, 2008

Analyst Actions: Deere, J.Crew, McCormick

WACHOVIA DOWNGRADES DEERE TO MARKET PERFORM FROM OUTPERFORM Wachovia analyst Andrew Casey tells S&P MarketScope that Deere & Co. (DE) fourth quarter EPS excluding ...

November 26, 2008

Stocks Rise for Fourth Day in a Row

U.S. stocks fell Wednesday morning amid gloomy economic data, but revived ahead of the U.S. Thanksgiving holiday with tech shares taking the lead. Stocks turned in ...

November 26, 2008

Movers: GM, BCE, Citigroup, Deere, Tiffany, J.Crew

General Motors (GM) rises 1.20 to 4.76 after Deutsche Bank says bailout chances for the U.S. auto industry have improved. Deutsche Bank expects auto execs to present ...

November 25, 2008

Stocks Finish Mixed

U.S. stocks closed mixed Tuesday as profit taking pressured the market following two strong sessions. Technology issues underperformed the broader market. But bonds ...

November 25, 2008

Analyst Actions: Citigroup, Kinder Morgan Energy Partners, Ulta Salon

SANDLER O'NEILL UPGRADES CITIGROUP TO BUY FROM HOLD Sandler O'Neill analyst Jeff Harte says yesterday's news of a joint venture between the U.S. government and ...

November 25, 2008

S&P Picks and Pans: Fannie Mae, Hewlett-Packard, BHP Billiton, Analog ...

S&P KEEPS HOLD RECOMMENDATION ON SHARES OF FANNIE MAE (FNM; 0.34): Shares are up significantly in premarket, after the Federal Reserve announced a new program to buy ...

November 25, 2008

Movers: Hewlett-Packard, BHP Billiton, Lennar, Dollar Tree

Hewlett-Packard (HPQ) posts $1.03, vs. $0.86 a year ago, fourth quarter non-GAAP EPS on 19% revenue rise. EPS inline with preannouncement. Based on current exchange ...

November 24, 2008

Stocks Soar on Citi Bailout, Obama Picks

The health of troubled financial giant Citigroup Citigroup (C) -- and the economic agenda of President-elect Barack Obama -- have been much on the minds of stock ...

November 24, 2008

Analyst Actions: Citigroup, Cooper Industries

OPPENHEIMER RATES CITIGROUP UNDERPERFORM Oppenheimer analyst Meredith Whitney sees Citigroup (C), as a stock trading under $5, as a speculative investment and ...

November 24, 2008

S&P Picks and Pans: Citigroup, Xerox, J&J, Toll Brothers, US Bancorp

S&P MAINTAINS HOLD OPINION ON SHARES OF CITIGROUP (C; 3.77): The federal government agrees to guarantee $306 billion of Citigroup's distressed assets and inject $20 ...