|Filed Under:||Business & Finance / Investing|
|Posts on Regator:||297|
|Posts / Week:||2.1|
|Archived Since:||March 8, 2011|
With the financial sector hinged on the yet unanswered question of how the debt crisis in Europe will end, now many be an opportunity for smaller financial stocks to shine.
Standard & Poor’s said in a note late Thursday that it will downgrade the corporate credit rating for the retail holding company two notches to CCC+ from B.
Zumiez shares popped 15% Thursday after the skateboard-inspired raised its fourth-quarter outlook after it reported a 10% increase in same-store sales for the five weeks ending December 31.
Early signs of economic recovery in 2012 are appearing with muted analyst opinions in the transportation space, even as manufacturing data are showing improvement.
Retailers fought for holiday sales, with Macy’s reporting better than expected sales last month, raising its profit outlook and doubling its dividend for investors.
TiVo announced an agreement with AT&T for its patents on DVR technology, signalling the possibility of many more battles to come.
Worries of a possible sovereign debt downgrades for AAA-rated European countries like France are adding to unease among investors that borrowing costs will increase this year in the euro zone.
A stronger then expected showing for Italy’s 6-month Treasury bonds on Wednesday was a shallow indicator for the auction of 10-year debt, which almost grazed the 7% yield mark, showing that borrowing costs for Italy’s debt is still too-near its unsustainable high point.
While stocks wait for signs of a Santa Rally this week, the biggest winners in the Dow Jones Industrial Average this year are ending the year up 20% or more.
Italy saw a sign of relief for its economy that has been flashing red on Wednesday, when an auction of its short-term Treasury-bills sold at lower borrowing costs and higher demand.
British Airways and Iberia Airlines have won a bid to acquire British Midland International (BMI) from German Lufthansa on Thursday. The pair reached a binding agreement Thursday for a purchase of $270 million (172.5 million pounds)...
Markets took in a pair of important economic data readings Thursday, which delivered another weekly low point for jobless claims.
Bed, Bath & Beyond reported another surprise profit boost in its third quarter, but soft top-line results were not so encouraging to investors.
In November existing home sales climbed for another month, however the news was dampened by an announcement that the level of home sales sold in the U.S. was revised down by an average 14.3% per year since 2007, confirming that the housing collapse was worse than worse than expected.
As the weeks approach Christmas, sales are creeping toward their seasonal highs, and many analysts are watching for consumers to find ways to squeeze budgets and spend more this year, despite very little change in the labor market.
American food makers reported mixed results as a result of their battles with higher commodity costs in the second half of this year.
In the U.S. analysts are saying that more it is not only uncertainty that is keeping equities traders indoors drinking egg nog this week, but also the fact that the U.S. is still in a period of slow economic recovery, which keeps the Federal Reserve’s monetary policy loose and investing quiet among equities.
Diamond Foods shares feel on the downward side of the roller coaster Thursday after a report emerged about a fresh investigation into the company’s accounting practices. This time by the SEC.
Several German banks are closing accounts for American customers, according to The Financial Times Deutschland, which reported Tuesday that onerous paperwork from a U.S. tax law has caused banks to cut accounts to U.S. citizens. Accounts for thousands of customers have been affected.
Avon shares surged Wednesday after the cosmetics seller announced its CEO, Andrea Jung, was stepping down.