Stocks Trim Gains After New Home Sales Data
Stocks shed early gains but remained in positive territory by mid-day trade on Friday despite a very tepid new-home sales data. At last check, the Dow Jones inched up 0.04%; the NASDAQ Composite Index...
Tagged: approaching congestion resistance near all-time highs of the secular bull market from early last decade. The index has been effectively confined to a trading range between 1
Stocks End Higher Ahead of Fed Meeting
Stocks edged higher in trading on Monday even as market participants wait for Federal Reserve’s monetary policy statement, which is scheduled to be released on Wednesday following a two-day meeting. The Fed’s monetary policy...
Mattel’s Profit Dips Due to Weaker Demand and Litigation Charges (MAT)
NYSE: MAT) reported weaker than expected fiscal fourth-quarter results on Friday as weak demand during the holiday-season quarter and massive litigation charges dented its bottom line. MAT shares were marginally higher in early trading....
Hasbro to Slash 10% Workforce in Fiscal 2013, Revenue Outlook for 2012 Misses Street’s Forecast (HAS)
Toymaker Hasbro Inc. (NASDAQ: HAS) said on Friday that it will slash 10% of its total workforce in the current year as the company looks to cut costs in the wake of slackness in...
EXG, ETJ, ETY, ETW, ETV Dividend Stocks Update
Eaton Vance Tax-Managed Global Diversified Equity Income Fund nnnnnnn (NYSE:EXG) has declared a new dividend of $0.08 updated from $0.24. The dividend record date is set for Thursday, January 24, 2013 with a pay...
Chevron to Acquire Stake in Kitimat LNG Project (CVX)
With aim to enhance its natural gas exports, Chevron Corp. (NYSE: CVX) on Monday announced that it has agreed to acquire 50 percent stake in Kitimat LNG project, currently held by EnCana Corp. (NYSE:...
HGT, CRT, PBT, FE, GLT Dividend Stocks Update
Hugoton Royalty Trust Un (NYSE:HGT) has declared a new dividend of $0.01 . The dividend record date is set for Friday, September 28, 2012 with a pay date being announced as Monday, October 15,...
THC, GILD, PM, DVAX, IRIS Had Unusual Volume
We have found the following stocks had unusual volume spikes on Monday, September 17, 2012. Tenet Healthcare Corp. (NYSE:THC) had a 81.3% volume spike trading 28,595,100 shares. THC’s 30-day average volume is 5,335,410. Shares...
Stocks End Sharply Lower
Stocks ended sharply lower in trading today as initial optimism over further monetary easing from the Federal Reserve faded. Investors’ sentiment was also weighed down by worries over global economic growth. The Dow Jones...
Stocks Struggle for Direction as Investors Digest Mixed Economic Data
Stocks are struggling for direction in mid-day trading today as investors digest some mixed U.S. economic data released earlier today. At last check, the Dow Jones was trading flat at 13,171.65, the S&P 500...