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S&P 500 Closes Above 2,000; Dow Hits New All-Time High As Markets Continue To Rally
Tuesday, August 26, 2014 - 4:42pm | 2835U.S. stocks rose, lifting the Dow to new historical all-time highs of 17,153.80 following a better than expected rise in orders of durable goods. Consumer confidence improved in August, helping market sentiments while investors and traders placed less emphasis on a report that home prices are...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...
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5 Top Defense Technology Developments in 2014
Wednesday, July 30, 2014 - 9:44am | 944The F-35 Lightning II fighter jet, also known as Joint Strike Fighter, was a no-show at the recent Farnsborough International Airshow. Supporters were disappointed, but other saw yet more evidence that the troubled program is nothing but a boondoggle. The latest problems stemmed from the...
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Covidien Earnings Preview: Has Merger News Shaken Expectations?
Thursday, July 24, 2014 - 10:06am | 848Covidien (NYSE: COV), which currently is being courted by medical device maker Medtronic (NYSE: MDT), is scheduled to report its fiscal third-quarter results Friday, July 25, before the markets open. Like AbbVie's deal to acquire Shire and other similar deals, Medtronic is looking to...
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5 New Medical Technologies For Diabetics
Friday, July 18, 2014 - 1:10pm | 788News of the recent partnership between European drugmaker Novartis (NYSE: NVS) and Google (NASDAQ: GOOG) (NASDAQ: GOOGL) to develop a contact lens designed to monitor blood sugar levels in diabetics has drawn attention to several other new diabetes treatment developments. Information Week...
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4 Top Performing Health Care Stocks With More Upside Potential
Wednesday, July 2, 2014 - 9:47am | 881Analysts believe that Medtronic (NYSE: MDT), Teva Pharmaceuticals (NYSE: TEVA), UnitedHealth Group (NYSE: UNH) and Zimmer Holdings (NYSE: ZMH) shares still have some headroom, though they all have handily outperformed the S&P 500 over the past six months. They are all dividend payers as well....
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Market Wrap For June 18: Markets Rally On Fed Comments And Tapering
Wednesday, June 18, 2014 - 4:34pm | 2069U.S. stocks rose as investors and traders digested comments from the Federal Reserve. The Federal Reserve Open Committee announced that it will further taper its asset purchases by another $10 billion. The Fed is now committing towards purchasing $35 billion of assets per month. The Fed also...
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Market Wrap For June 16: M&A Frenzy Keep Indices In Positive Territory
Monday, June 16, 2014 - 4:33pm | 1781U.S. stocks closed the day slightly higher as a mergers and acquisition heavy trading session eased fears over escalating violence in Iraq. The New York Federal Reserve's Empire State index for June showed that business conditions in June rose from May. In fact, June's reading proved...
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#PreMarket Primer: Monday, June 16: Rebels Seize Another Iraqi City
Monday, June 16, 2014 - 7:22am | 1159Sunni insurgents tightened their grip on northern Iraq over the weekend when they overtook Tal Afar, stirring worries that the nation may fall into a civil war. Rebels from the Islamic State of Iraq seized the mostly ethnic Turkmen city on Sunday as they pressed closer to the capital. The...
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Earnings Expectations For The Week Of May 19: More Big-Box Retailers
Sunday, May 18, 2014 - 5:29pm | 985Wal-Mart (NYSE: WMT) kicked off earnings season for the big retailers last week with disappointing first-quarter results. Taking their turns on the earnings stage this week are Best Buy (NYSE: BBY), Home Depot (NYSE: HD), Target (NYSE: TGT) and several more retailers. Below is a brief look at...
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AOL, Kinder Morgan And Others Insiders Have Been Buying
Tuesday, May 13, 2014 - 1:58pm | 968AOL, Kinder Morgan and Tyco International are among the companies that have seen insider buying lately. So is Opko Health, which sees insiders frequently scooping up shares. Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of...
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Market Wrap For April 22: S&P Rises For Sixth Straight Day, Dow & Nasdaq Also Positive
Tuesday, April 22, 2014 - 4:52pm | 2838U.S. stocks rose as investors cheered recent earning reports and a positive home sales data for March. A $45 billion M&A offer also contributed to Tuesday's buying action as investors could be excited and motivated to buy stocks ahead of a few rough weeks of bearish activity. The S&P...
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Market Wrap For April 15: Who Doesn't Love A Turnaround?
Tuesday, April 15, 2014 - 4:30pm | 2505U.S. stock futures were pointing towards a modestly higher open as investors found enough optimism from Dow components Coca-Cola and Johnson & Johnson who both reported better than expected quarterly results. Investors were further spooked by reports of pro-Russian separatists taking...
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Market Wrap For April 14: Markets Surge on Positive Retail Data, Citi Earnings
Monday, April 14, 2014 - 4:36pm | 2450U.S. stocks rose to start off the holiday-filled shortened trading week on a positive note as investors found plenty of reason to be optimistic on retail sales which jumped the most since 2012. Investors were also encouraged by Citigroup's better than expected earnings which eased investor...
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Earnings Expectations For The Week Of February 17: Coca-Cola, Hewlett-Packard, Wal-Mart & More
Tuesday, February 18, 2014 - 7:36am | 914The earnings season is winding down, but on the docket this week are Coca-Cola (NYSE: KO), Groupon (NASDAQ: GRPN), Hewlett-Packard (NYSE: HPQ), MGM Resorts (NYSE: MGM), Tesla Motors (NASDAQ: TSLA) and others. Later in the week, the parade of quarterly reports from big retailers kicks off with...