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US Stock Futures Flat Ahead Of Manufacturing PMI
Monday, June 23, 2014 - 7:41am | 523Pre-open movers US stock futures traded mostly flat in early pre-market trade, ahead of economic data. The Chicago Fed National Activity Index for May will be released at 8:30 a.m. ET, while the Markit PMI manufacturing index (flash) for June will be released at 9:45 a.m. ET. Data on existing home...
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US Stock Futures Up; Jobless Claims Data In Focus
Thursday, June 5, 2014 - 7:36am | 394Pre-open movers US stock futures traded higher in early pre-market trade, ahead of jobless claims data. Data on weekly jobless claims will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average surged 24 points to 16,742.00, while the Standard & Poor's 500 index futures rose...
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FBR Analysts Weigh In On Salesforce And Microsoft Partnership
Friday, May 30, 2014 - 12:27pm | 299After the market close on Thursday, salesforce.com (NYSE: CRM) and Microsoft (NASDAQ: MSFT) announced a strategic partnership in which they plan to create new solutions to integrate Saleforce.com's customer relations management apps and Salesforce1 platform with Microsoft Office and Windows. "...
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US Stock Futures Flat Ahead Of Economic Data, Wal-Mart Earnings
Thursday, May 15, 2014 - 7:15am | 485Pre-open movers US stock futures traded mostly flat in early pre-market trade, ahead of economic data and earnings from Wal-Mart Stores (NYSE: WMT). The consumer price index for April, the Empire State manufacturing index for May and initial jobless claims data will be released at 8:30 a.m. ET....
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Bullish Comments from FBR Not Helping Facebook Shares
Thursday, April 3, 2014 - 2:25pm | 141Shares of Facebook (NASDAQ: FB) are sliding again, down 4.4 percent to $59.96 in the face of some bullish comments from FBR Capital. Analyst William Bird believes the company holds a strong and unique competitive position, based on a proprietary survey conducted alongside Clear Voice Research....
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UPDATE: FBR Capital Upgrades Palo Alto Networks
Tuesday, March 25, 2014 - 3:47pm | 97On Tuesday, FBR Capital upgraded shares of Palo Alto Networks (NYSE: PANW) from Market Perform to Outperform and raised the price target from $80 to $90. Analyst James Moorse sees faster than expected adoption of the company's platform as well as a sales force that is more productive than...
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Market Wrap For January 15: Bulls Take Over As Economic Growth Remains Healthy
Wednesday, January 15, 2014 - 5:45pm | 2827The market picked up where it left off Tuesday and recorded a second straight day of strong gains. The Dow posted a triple digit point gain while the S&P 500 and Nasdaq all gained as the Federal Reserve's Beige Book indicated that economic growth remained healthy in most U.S. regions. The...
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Market Wrap For January 10: Job Growth Weak, But Unemployment Falls
Friday, January 10, 2014 - 5:53pm | 2337Major indices ended the day little changed as investors and traders were not sure how to react to today's job reports. 74,000 jobs were added, well below the estimated 196,000. The report proved to be a complete contradiction to every other report previously seen. Related: ETFs Moving On The...
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Alan Mulally To Remain At Ford Through 2014
Wednesday, January 8, 2014 - 12:54pm | 553After months of speculating, Alan Mulally, CEO of Ford Motors (NYSE: F) finally announced that he plans to stay with the company throughout 2014. Mulally was once considered to be the front runner to replace Microsoft's (NASDAQ: MSFT) outgoing CEO, Steve Ballmer. His candidacy had faded in recent...
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Analysts at FBR Take a Bullish Stance on 3D Printing Companies
Tuesday, December 3, 2013 - 3:24pm | 9193D printing companies have been among the best performing sector in the market this year. 3D Systems (NYSE: DDD) has risen over 150 percent year-over-year, while Stratasys (NASDAQ: SSYS) has returned around 75 percent in the same time period. Bullish investors believe that 3D printing companies...
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Market Wrap For November 21: Dow Re-Claims 16,000 level On Positive Job Data
Thursday, November 21, 2013 - 5:40pm | 2029Encouraging news coming from the job market was enough to send the major markets higher. Initial Jobless Claims declined 21,000 to 323,000 versus an estimated 335,000. As to be expected, the Senate Banking Panel Voted in favor to approve Janet Yellen as the next Fed Chair. The Dow gained 0....
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FBR: Quarter Tracking Well for QUALCOMM
Thursday, March 8, 2012 - 10:13am | 123In a research report published today by FBR, QUALCOMM Inc. (NASDAQ: QCOM) is tracking well, as smartphones continue to proliferate broadly. FBR commented in the report, “First, Apple's new iPad includes LTE cellular chipsets from Qualcomm (in cellular models), with the market only partially...
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A Peek Into The Market Before The Trading Starts
Thursday, March 1, 2012 - 8:41am | 401Pre-open movers US stock futures are higher this morning, as investors are waiting weekly jobless claims and sales data from retailers. Futures for the Dow Jones Industrial Average jumped 35 points to 12,972.00 and S&P 500 index futures rose 3.50 points to 1,367.90. Nasdaq 100 futures surged 11...
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A Peek Into The Market Before The Trading Starts
Thursday, October 20, 2011 - 9:29am | 302Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 43 points to 11,487.00 and S&P 500 index futures rose 5.70 points to 1,212.30. Nasdaq 100 futures gained 6.25 points to 2,324.25. A Peek Into Global Markets European markets were...
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A Peek Into The Market Before The Trading Starts
Tuesday, August 9, 2011 - 7:33am | 385Pre-open movers US stock futures are higher this morning, as investors are awaiting the Federal Reserve's statement on monetary policy. Futures for the Dow Jones Industrial Average surged 95 points to 10,821.00 and S&P 500 index futures rose 13.00 points to 1,124.30. Nasdaq 100 futures gained...