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July 07, 2011
Encouraging reports from U.S. retailers show consumers may be starting to spend as new reports on the job market point to a possible rebound there.
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July 07, 2011
This morning, Citigroup lowered its EPS estimates on shares of Alcoa (AA) ahead of earnings. The firm said input costs remain high and aluminum prices are lower than forecasts.
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July 07, 2011
In trading on Thursday, agriculture & farm products shares were relative laggards, down on the day by about 0.9%. Helping drag down the group were shares of LE Gaga Holdings Limited Ads ...
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July 07, 2011
This morning, Lumber Liquidators (LL) announced that it had to lower its full-year earnings guidance to the range of $1.00 to $1.15 as consumer demand has faltered. The company cites the economic ...
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July 07, 2011
The European Central Bank raised interest rates for the second time this year, as was widely expected, in a bid to cool inflation in the euro zone, despite the intensifying debt crisis in Greece ...
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July 07, 2011
Japanese scientists claim discovery of vast deposits of rare earth minerals in the Pacific Ocean, but analysts say extraction is costly and may take decades.
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July 07, 2011
Northwest Arkansas made an exclusive list when it comes to attracting new businesses and people.
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July 07, 2011
This is what’s in the news for Wednesday, July 6th. The Wall Street Journal reports that Berkshire Hathaway (NYSE:BRK.A) is part of a bidding group in exclusive talks to buy Citigroup's ...
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July 07, 2011
AntiSec, a hacking group announced over the weekend that they obtained user names and passwords of an Apple Inc. (NASDAQ:AAPL) server.The group displayed materials of 27 user accounts and ...
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July 07, 2011
Microsoft’s (NASDAQ:MSFT) Japan unit is looking to launch sales of smartphones based on the most advanced version of the Windows Phone 7 operating system in the country within the year through ...
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July 07, 2011
Bob Iger, the CEO of Disney (NYSE:DIS), says that the owners of Hulu — Disney, News Corp (NASDAQ:NWSA), NBC Universal (NASDAQ:CMCSA) and Providence Equity Partners-- are committed to ...
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July 07, 2011
Morgan Stanley downgraded Intuit (NASDAQ:INTU) to equal-weight from overweight and maintained its $59 price target.Intuit has a potential upside of 13.6% based on a current price of $52.36 and an ...
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July 07, 2011
Citigroup raised its 2011 and 2012 EPS estimates for New York Times (NYSE:NYT) and maintained its buy rating and $11.50 price target.The bank sees 2011 EPS of $0.58, up from $0.54 per share, vs. ...
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July 07, 2011
Kenexa (NASDAQ:KNXA) and Taleo (NASDAQ:TLEO) entered into a settlement agreement resolving all outstanding litigations between the parties. As a result, all litigations between the parties will ...
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July 07, 2011
UBS initiated coverage of Rockwell Automation (NYSE:ROK) with a neutral rating and $93 price target.Rockwell Automation has a potential upside of 8.4% based on a current price of $87.93 and an ...
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July 07, 2011
The Institute for Supply Management said its services index fell to 53.3% last month from 54.6% in May, supplying further evidence that the U.S. economy has lost steam. Economists had expected ...
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July 07, 2011
With new signs and a new flag, hospital leadership will commemorate the first day in business Thursday for Upstate University Hospital after acquiring Community General.
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July 07, 2011
Morgan Stanley initiated coverage of Solazyme (NASDAQ:SZYM) with an overweight rating and $29 price target.The bank sees a 2011 loss of $0.82 per share and a 2012 loss of $0.25 per share.
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July 07, 2011
Kinetic Concepts Inc. (NYSE: KCI) is talking through a sale with at least two private-equity firms that can possibly cost the company at more than $5 billion excluding debt, said two sources who ...
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July 06, 2011
Blackstone Group’s (NYSE:BX) new buyout fund was already large last December, at $15B, according to the Wall Street Journal. Since then, the buyout fund has seen increased interest and is now ...
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