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August 17, 2009
Lowe’s, the number two home improvement retailer said Monday morning second quarter earnings fell 19 percent. Profits fell to $759 million, or 51 cents per share, as compared to 64 cents per ...
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August 17, 2009
Health insurance stocks are heading higher this morning after months of being pushed lower by concern about what the future of President Obama’s health care plan will hold.  The ...
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August 14, 2009
While Southwest Airlines (LUV) had the highest bid going into today’s auction, the Dallas-based airline's bid came with conditions that could not be met before the ...
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August 14, 2009
This morning, Bank of America / Merrill Lynch upgraded shares of Citigroup (C) two notches, from Sell to Buy as the firm sees credit quality stabilizing.  Furthermore, analysts at ...
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August 14, 2009
Some results from the entertainment sector this morning.  Blockbuster (BBI) second quarter results were more along the lines of just buster.
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August 14, 2009
On Wednesday, Apollo Investment Corporation (AINV) priced an offering of 18 million shares at 8 dollars and 75 cents each, raising 157.5 million dollars in gross proceeds.  The ...
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August 12, 2009
The Federal Reserve issued its statement from the Federal Open Market Committee today, with no real surprises for investors.  The committee believes economic activity is "leveling ...
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August 11, 2009
Starwood Property Trust, a company to be spun off from the same private equity firm that created Starwood Hotels (HOT), has filed to increase its initial public offering by more than a ...
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August 11, 2009
It’s out with the old and in with the new for Borders Group's (BGP) board.  The book and music retailer said Tuesday it will elect five new board members at its September ...
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August 10, 2009
Southwest Airlines (LUV) has put in a bid of $170 million for Frontier Airlines, upping the ante in an auction for the bankrupt airline that will begin tomorrow.  Regional airline ...
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August 10, 2009
Electronics retailer, Best Buy (BBY) was downgraded this morning by Goldman Sachs from Buy to Neutral.  While the firm believes Best Buy is having a great year in the wake of ...
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August 10, 2009
Car dealers are taking to the internet this week. 225 General Motors dealers in California will begin selling new cars on eBay (EBAY) Tuesday.
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August 10, 2009
Stocks in Europe are down while Asian shares are mixed. US futures are down slightly in the pre-market.
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August 07, 2009
Citigroup downgraded shares of apartment REIT Home Properties (HME) from Buy to Hold this morning on valuation.  With the downgrade, however, the firm raised its price target from ...
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August 07, 2009
Shares of PennantPark Investments (PNNT) received a boost this morning when FBR upgraded the stock from Market Perform to Outperform.  The firm believes PennantPark is better ...
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August 06, 2009
American Express (AXP) received a boost this morning when Citigroup upgraded its rating from Hold to Buy.  The firm said, "We are upgrading the shares as we are now more ...
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August 06, 2009
Retailers reported same-store sales for July that were mostly stuck in a recession rut.  Warehouse store Costco (COST) said same-store sales dropped 7 percent in July, partly due ...
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August 05, 2009
GPS devise manufacturer, Garmin Limited (GRMN) declared a dividend of 75 cents per share today.  With the dividend, the company also announced earnings of $0.83 per share that ...
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August 05, 2009
Orbitz Worldwide (OWW) reported second quarter earnings of 12 cents per share.  That’s up from a loss of 6 cents per share in the same quarter last year.
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August 05, 2009
The ADP Employment Services (ADP) report is out this morning one day ahead of the Labor Departments numbers just as several earnings reports allow us another look at how the consumer is ...
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