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Market Wrap For February 18: Dow Finishes Lower, Nasdaq Still Hot
Tuesday, February 18, 2014 - 5:47pm | 3229U.S. stocks traded mostly higher today despite a key measure of home builder confidence falling in February. The New York Fed's general business index also showed signs of vulnerability. Despite the weak economic data which is partially due to weather, the Nasdaq index rose for the eight...
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Earnings Expectations For The Week Of January 13: Big Banks, GE, Intel And More
Monday, January 13, 2014 - 7:31am | 645Alcoa may have reported disappointing results last week, but the fourth-quarter earnings season really kicks off this week with reports from J.P. Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) on Tuesday. Big name financials will be well represented this week, with results due from the likes of...
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Market Wrap For December 30: Markets Quiet Ahead of New Year's Eve
Monday, December 30, 2013 - 5:41pm | 1239As to be expected for this time of the year, volume was light today with little market moving data or news released. Major indices were virtually flat as Tuesday will mark the final trading session of 2013. Markets will close tomorrow at 4:00 pm EST and remain closed until Thursday morning....
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Earnings Expectations For The Week Of October 14: Financials, Tech and Consumer Goods
Sunday, October 13, 2013 - 1:13pm | 1010The third-quarter earnings crunch is underway this week. The financial sector will be well represented, with quarterly reports due from the likes of Goldman Sachs and American Express, as well as the tech sector, highlighted by Google and Intel. Coca-Cola and Johnson & Johnson are among the...
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Shipping Potential: To Follow Or Not To Follow Wilbur Ross?
Monday, August 26, 2013 - 10:52am | 792There are signs that the global economy is continuing to struggle slowly towards a recovery. It has been a series of two steps forward, one step back and may continue in that fashion for some time but it is ever so slowly getting better around the world. Europe showed some slight signs of...
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Barron's Recap: Here Come the Millennials
Sunday, April 28, 2013 - 5:25pm | 910This weekend in Barron's online: the impending impact on the economy and Wall Street of the Millennial generation, and the prospects for Boeing's Dreamliner, the Dell buyout, Hanesbrands and Ecolab. Cover Story "On the Rise" by Jacqueline Doherty. The so-called Millennials, those who have...
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Everybody Knew the Tablet Market was Growing, But Nobody Expected This
Thursday, March 28, 2013 - 8:30am | 630The tablet market is getting bigger. Everybody knows that but when IDC released its 2012 report, nobody thought that it would report results like these. According to the report, tablet shipments grew 78.4 percent year over year in 2012 representing more than 128 million tablets shipped. This...
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What Does Carl Icahn See in Dell?
Monday, March 25, 2013 - 12:41pm | 624At first Dell (NASDAQ: DELL) had only one suitor – company founder, Michael Dell who, along with Silver Lake Partners says he plans to take the company private and has offered $13.65 a share. Then, according to The New York Times, Blackstone Group (NYSE: BX), Francisco Partners, and Insight...
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Blackstone Ups the Ante in Retail with $473MM Acquisition
Tuesday, September 27, 2011 - 1:00am | 329In its second large move in the Retail Commercial Real Estate market, Blackstone (NYSE: BX) has agreed to purchase $473MM in shopping centers in Atlanta, Tampa, and Orlando from Equity One Inc (NYSE: EQY) . This move marks the continued focus for Blackstone into the Retail market after their...
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New Price Targets For BX, KRA, KKR
Monday, October 4, 2010 - 9:45am | 53Oppenheimer reiterates ratings for the following: Blackstone Group (NYSE: BX) Outperform, price target lowered from $20 to $17 Kraton Performance Polymers (NYSE: KRA) Outperform, price target raised from $35 to $40 KKR & Co. (NYSE: KKR) Outperform, price target raised from $14 to $15