| Fri, Nov 27, 2009 |
| 01:40 PM |
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Dubai World's Debt Problems Unnerve Investors
Worries that Dubai World's debt problems will harm the fragile global economy that was just starting to recover from financial meltdown sent the markets tumbling to a lower close with the Dow plunging 154 points to 10,309.
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| 01:05 PM |
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Las Vegas Secures Financing
Las Vegas Sands Corp. (NYSE: LVS) announced that it secured $1.75 billion in financing for its resort along the Cotai Strip in Macau. Shares of the casino operator fell 70 cents to close at $15.79....
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| 01:04 PM |
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DryShips Closes Notes Offering
DryShips Inc. (Nasdaq: DRYS) closed its offering of $460 million in senior convertible notes. The stock price lost 16 cents to close at $6.19....
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| 12:59 PM |
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ING Prices Rights Issue At Sharp Discount
ING (NYSE: ING) priced an $11.2 billion rights issue at a sharp discount sending the stock price plunging $2.44 to close at $9.84. ...
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| Thu, Nov 26, 2009 |
| 09:42 AM |
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U. S. Markets Closed
U. S. markets are closed in observance of the Thanksgiving holiday.
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| Wed, Nov 25, 2009 |
| 06:44 PM |
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Coldwater Creek Widens Losses
Coldwater Creek Inc. (Nasdaq: CWTR) blamed a significant tax charge for widening third quarter losses to 37 cents per share from a penny per share in the year ago period. Shares of the women's apparel retailer dropped 76 cents to close...
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| 05:45 PM |
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New Home Sales Surge Lifting Markets To Higher Close
New home sales surged while consumer spending rose lifting the markets to a higher close with the Dow rising 30 points to 10,464.
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| 05:40 PM |
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Barnes & Noble Widens Losses
Barnes & Noble Inc. (NYSE: BKS) widened second quarter losses to 43 cents per share from 34 cents per share last year but reported high demand for its Nook electronic reader. Shares of the book retailer climbed $2.51 to close...
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| 05:39 PM |
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More Charges Filed In Satyam Accounting Fraud Case
India's Central Bureau of Investigation filed more charges against ten people accused of accounting fraud at Satyam Computer Services Ltd. (NYSE: SAY). The stock price fell 40 cents to close at $4.65. ...
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| 01:38 PM |
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Incyte Licenses Two Treatments To Novartis
Incyte Corp. (Nasdaq: INCY) will license two blood disorder and cancer treatments to Novartis for $150 million upfront and an additional $60 million milestone payment. The stock price rose 76 cents to $8.48. ...
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| 01:14 PM |
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Falling Mortgage Rate Lifts Markets
The markets traded higher during the midday with the Dow gaining 21 points to 10,454 as mortgage rates fell to match a record low.
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| 12:28 PM |
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US Airways To Lower Capital Expenditures
US Airways (NYSE: LCC) will lower capital expenditures over the next three years and increase its reserves by $450 million next year sending shares of the airliner up 17 cents to $3.47....
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| 12:27 PM |
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Earnings More Than Double For J. Crew
Third quarter earnings for J. Crew Group Inc. (NYSE: JCG) more than doubled to 67 cents per share from 30 cents per share in the year ago period to surpass expectations as revenue rose. Shares of the clothing and accessories retailer...
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| Tue, Nov 24, 2009 |
| 06:35 PM |
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Windstream To Acquire Iowa Telecommunications
In a deal valued at approximately $1.1 billion, Iowa Telecommunications Services Inc. (NYSE: IWA) agreed to be acquired by Windstream Corp. (NYSE: WIN). Shares of Iowa Telecommunications surged $3.31 to close at $16.00 while Windstream stock eased 5 cents...
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| 06:21 PM |
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Markets Close Lower Over Weak Economic Data
A downward revision of the nation's economic growth along with a weak reading of consumer confidence weighed the markets down to a modestly lower close with the Dow slipping 17 points to 10,433.
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| 05:33 PM |
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U. S. Airways Delays Jet Delivery
U. S. Airways Group Inc. (NYSE: LCC) announced that it will delay taking delivery of 54 new jets in order to increase its cash reserves sending the stock price up 20 cents to close at $3.30....
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| 05:32 PM |
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Earnings Slip For Brocade Communications
Brocade Communications Systems Inc. (Nasdaq: BRCD) blamed soaring expenses for a drop in fourth quarter earnings to 7 cents per share from 9 cents per share last year and warned that first quarter revenue will slow. The stock price lost...
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| 02:24 PM |
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Medtronic Tops Estimates, Lifts Outlook
Medtronic (NYSE: MDT) reported higher second quarter earnings of 78 cents per share compared with 48 cents per share in the year ago period that topped estimates and lifted its outlook for the year sending the stock price up $2.04 to...
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| 01:57 PM |
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Languishing Consumer Confidence Weighs Down Markets
Consumer confidence continued to languish in October while the nation's economic growth was revised downward.
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| 01:08 PM |
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Analog Devices Beats Estimates
Analog Devices Inc. (NYSE: ADI) reported fourth quarter earnings and revenue that beat expectations prompting upgrades. The stock price gained $1.90 to $29.84....
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| 01:07 PM |
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Earnings Rise For American Eagle Outfitters
American Eagle Outfitters Inc. (NYSE: AEO) reported higher third quarter earnings that rose to 28 cents per share from 21 cents per share last year even as revenue slipped. Shares of the apparel retailer rose 69 cents to $15.23. ...
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| Mon, Nov 23, 2009 |
| 05:45 PM |
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People's United To Pay $738 Million For Financial Federal
People's United Financial Inc. (Nasdaq: PBCT) will pay approximately $738 million in cash and stock to acquire Financial Federal Corp. (NYSE: FIF). Shares of People's United Financial lost 44 cents to close at $16.03 while Financial Federal stock leaped $6.06...
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| 04:52 PM |
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Unexpected Surge In Home Sales Boosts Markets
The markets closed sharply higher with the Dow jumping 132 points to 10,450 as home sales surged unexpectedly in October.
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| 04:08 PM |
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Cigna Upgraded
J. P. Morgan upgraded Cigna Corp. (NYSE: CI) saying that profit margins should improve over the next few years. Shares of the health insurer climbed $2.27 to close at $32.30....
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| 04:07 PM |
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ARCA's Gencaro Granted Fast-Track Status
The Food and Drug Administration granted ARCA biopharma Inc.'s (Nasdaq: ABIO) chronic heart failure treatment Gencaro fast-track status. The stock price nearly doubled by rocketing $2.07 to close at $4.32. ...
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| 02:33 PM |
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Origin's Genetically Modified Phytase Corn Approved
Origin Agritech Ltd. (Nasdaq: SEED) announced over the weekend that the Chinese Ministry of Agriculture approved its genetically modified phytase corn, the first in the world, sending the stock price soaring $4.52 to $9.73. ...
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| 01:53 PM |
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Rebounding Home Sales Lift Markets
A surprising rebound in home sales lifted the markets higher during the midday with the Dow leaping 130 points to 10,448.
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| 01:02 PM |
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Zion To Receive Tax Refund
Zion Bancorp (Nasdaq: ZION) expects to receive a tax refund due to the lower values of some if its investment portfolio securities. The stock price surged $2.07 to $14.62....
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| 01:01 PM |
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LDK Posts Unexpected Profit
LDK Solar Co. Ltd. (NYSE: LDK) posted an unexpected profit for the third quarter of 27 cents per American Depository Share compared with 77 cents per ADS last year and forecast fourth quarter results well ahead of estimates. Shares of the...
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| 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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