| Fri, Nov 20, 2009 |
| 04:57 PM |
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Modestly Lower Close As Earnings Disappoint
Investors sold off to send the markets down to a modestly lower close with the Dow losing 14 points to 10,318 over disappointing corporate earnings.
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| 04:07 PM |
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Sprint's Rating Downgraded
Moody's Investors Service downgraded Sprint Nextel Corp.'s (NYSE: S) corporate family rating sending the stock price down 9 cents to close at $3.76....
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| 04:06 PM |
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Novavax Offers 6.8 Million Common Shares
Novavax Inc. (Nasdaq: NVAX) will offer 6.8 million common shares in order to raise approximately $21 million. Shares of the biopharmaceutical dropped 49 cents to close at $3.28. ...
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| 04:03 PM |
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Synovus Reassures Investors
Synovus Financial Corp. (NYSE: SNV) reassured investors that it exceeds the capital threshold under the Supervisory Capital Assessment Program methodology. The stock price rose 10 cents to close at $1.68. ...
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| 01:21 PM |
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Markets Down As Earnings Disappoint
Disappointing earnings news weighed down the markets during the midday with the Dow falling 43 points to 10,289.
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| 12:38 PM |
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Dell Misses
Dell Inc. (Nasdaq: DELL) reported quarterly results that missed both revenue and earnings target. Earnings fell to 17 cents per share from 37 cents per share a year earlier sending the stock price down $1.56 to $14.31....
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| 12:37 PM |
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ADC Reports Loss
ADC Telecommunications Inc. (Nasdaq: ADCT) announced a modest quarterly loss, but investors were worried about weak fourth quarter demand from major telecom carriers. The stock price lost 74 cents to $5.89. ...
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| 12:24 PM |
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D. R. Horton Misses
Home builder D. R. Horton Inc. (NYSE: DHI) posted a smaller fourth quarter loss of 73 cents per share compared with a loss of $2.53 per share in the year ago period as overall revenues slumped amid an unstable housing...
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| Thu, Nov 19, 2009 |
| 05:52 PM |
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Sunrise Completes Sale Of 21 Communities To Brookdale
Sunrise Senior Living Inc. (NYSE: SRZ) completed the sale of 21 of its assisted living communities to Brookdale Senior Living Inc. (NYSE: BKD) for approximately $204 million. Shares of Sunrise rose 40 cents to close at $3.16 while Brookdale stock...
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| 05:01 PM |
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Record Mortgage Delinquencies Send Markets Tumbling
Disappointing earnings and record mortgage delinquencies weighed on investors who sold off to send the markets down to a lower close with the Dow tumbling 93 points to 10,332.
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| 04:16 PM |
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Earnings Rise For Trina Solar
Trina Solar Ltd. (NYSE: TSL) reported higher third quarter earnings that rose to $1.29 per American Depository Share compared to $1.17 per ADS in the year ago period to surpass expectations. Shares of the Chinese solar module maker climbed $2.82...
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| 04:15 PM |
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TTI Reverses Losses To Post Profit
TTI Team Telecom International Ltd. (Nasdaq: TTIL) reversed year ago losses of 6 cents per share to post a profit of 7 cents per share for the third quarter. The stock price leaped 58 cents to close at $1.76. ...
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| 01:12 PM |
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Record Number Of Mortgage Delinquencies, Markets Tumble
A record number of mortgage delinquencies sent the markets tumbling during the midday with the Dow plunging 131 points to 10,294.
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| 12:27 PM |
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Dick's Sporting Goods' Forecast Falls Short
Dick's Sporting Goods Inc. (NYSE: DKS) reported higher third quarter earnings of 16 cents per share compared with 5 cents per share a year earlier that beat expectations but the company forecast fourth quarter results below estimates. Shares of the...
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| 12:26 PM |
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Hot Topic Disappoints
Third quarter earnings for Hot Topic Inc. (Nasdaq: HOTT) fell to 13 cents per share from 17 cents per share in the year ago period as same store sales dropped and the retailer forecast disappointing fourth quarter results prompting a downgrade....
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| 12:17 PM |
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Suntech Beats Estimates
While third quarter earnings and revenue fell for Suntech Power Holdings Co. Ltd., (NYSE: STP) the results beat expectations by a wide margin lifting the stock price 79 cents to $15.88. ...
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| Wed, Nov 18, 2009 |
| 07:12 PM |
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Jiangxi International Takes 15% Stake In LDK's Plant
Jiangxi International Trust and Investment Co. will pay approximately $219 million for a 15% stake in LDK Solar Co. Ltd.'s (NYSE: LDK) Chinese polysilicon plant. The stock price leaped $1.36 to close at $8.07. ...
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| 06:22 PM |
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Drop In Home Construction Weighs Down Markets
A sharp drop in home construction weighed down the markets to a modestly lower close with the Dow slipping 11 points to 10,426.
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| 05:39 PM |
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Dry Bulk Shippers Rise As Rates Climb
Rising dry bulk shipping rates lifted shares of Eagle Bulk Shipping Inc. (Nasdaq: EGLE) 66 cents to close at $6.75 and Excel Maritime Carriers Ltd. (NYSE: EXM) $1.05 to close at $8.40....
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| 05:37 PM |
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Fortinet Surges In Market Debut
Shares of Fortinet Inc. (Nasdaq: FTNT) surged $4.12 to close at $16.62 on its first trading day. ...
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| 01:16 PM |
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Markets Down Over Unexpected Drop In Home Construction
An unexpected drop in home construction activity weighed down the markets during the midday with the Dow falling 58 points to 10,378.
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| 12:27 PM |
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Autodesk Lowers Outlook
Design software maker Autodesk Inc. (Nasdaq: ADSK) posted third quarter results that beat estimates, but lowered its outlook for the coming quarter due to higher costs. The stock price tumbled $2.92 to $24.08....
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| 12:25 PM |
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Earnings Soar For Chico's FAS
Chico's FAS Inc. (NYSE: CHS) posted higher revenues and earnings that soared to 13 cents per share from a penny per share in the year ago period due to strong women apparel sales. The stock price climbed $1.47 to $14.95. ...
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| 12:20 PM |
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AMD To Repurchase Debt
Advanced Micro Devices Inc. (NYSE: AMD) announced plans to repurchase up to $1 billion worth of senior convertible notes sending the stock price up 59 cents to $7.21. ...
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| Tue, Nov 17, 2009 |
| 05:27 PM |
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Omega To Buy CapitalSource Portfolio
In a deal valued at approximately $860 million, Omega Healthcare Investors (NYSE: OHI) will purchase the majority of the healthcare net lease portfolio of CapitalSource Inc. (NYSE: CSE). Shares of Omega rose 47 cents to close at $18.11 while...
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| 05:04 PM |
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Upbeat Prospects Lift Markets To Modestly Higher Close
Investors lifted the markets to a modestly higher close with the Dow rising 30 points to 10,437 after analysts provided upbeat prospects for Microsoft and Exxon Mobil.
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| 04:20 PM |
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Poniard Rebounds
Shares of Poniard Pharmaceuticals Inc. (Nasdaq: PARD) rebounded by soaring 65 cents to close at $2.48 after reporting positive trial results for its chemotherapy drug picoplatin in colorectal cancer patients. Yesterday, the company said that picoplatin failed a trial for lung cancer patients....
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| 04:18 PM |
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SunPower Investigates Possible Accounting Errors
Analysts downgraded SunPower Corp. (Nasdaq: SPWRA) after the company launched an internal investigation into possible accounting errors at its manufacturing facilities in the Philippines. The stock price plummeted $5.04 to close at $22.19. ...
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| 02:27 PM |
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Markets Flat Over Disappointing Earnings
The markets traded near the flatline during the midday with the Dow adding 6 points to 10,413 over disappointing earnings.
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| 01:58 PM |
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Pacific Sunwear Widens Losses
Shares of Pacific Sunwear of California Inc. (Nasdaq: PSUN) tumbled $1.00 to $4.01 after the outdoor apparel retailer posted lower revenues and a larger quarterly loss....
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