Share This:Thursday following upbeat labor market data, amid a backdrop of a sanctions confrontation between Russia and the West that highlighted the relative strength of the U.S. economy. The Dow Jones industrial average was up 0.26 percent at 16,486.31, the S&P 500 was up 0.26 percent at 1,925.28 and the … Continue reading
Share This:Tuesday 08/5/2014 A second quarter earnings warning from Target (TGT) that was attributed to data breach expenses and cautious consumer spending has been a negative influence. In addition, a report that China’s Services PMI fell to 50.0 in July from 53.1 in June took some wind out of the … Continue reading
Share This:U.S. Stocks on the Move-AcelRx, Family Dollar Stores, Trulia U.S. stock index e-mini futures rose slightly on Monday: Dow Jones industrial average futures were up 0.08 percent at 16,904, S&P 500 futures were up 0.11 percent at 1,973.75 and Nasdaq 100 futures were up 0.20 percent at 3,963.5. DOLLAR … Continue reading
Share This:Dresser-Rand Group (NYSE: DRC) 15.9% HIGHER; Siemens is preparing a bid for Dresser-Rand Group (NYSE: DRC), according to Manager Magazin, citing sources. The company has been preparing a bid for months and is even considering a hostile takeover. Sandisk Corp (NASDAQ: SNDK) 10% LOWER; reported Q2 EPS of $1.41, $0.02 better than the analyst … Continue reading
Share This:Analyst Recommendations: U.S. stock rose on Wednesday, led by tech shares after Intel’s earnings and word of a partnership between IBM and Apple, while Time Warner Inc rallied on news it rebuffed a takeover attempt from Rupert Murdoch’s Twenty-First Century Fox. The Dow Jones industrial average was up 0.27 percent at … Continue reading
