Stocks & Markets

January 2, 2009

Stocks Celebrate New Year

Stocks started the new year with a burst of optimism by posting solid gains on Friday. On the first trading day of 2009, investors were looking ahead, trying to forget...

January 2, 2009

Analyst Actions: Gilat Satellite

WILLIAM BLAIR REITERATES OUTPERFORM ON GILAT ON NEW COLOMBIA PACT William Blair analyst Jonathan Ho says Gilat Satellite Networks (GILT) on Dec. 31 announced a new ...

January 2, 2009

Movers: GM, Starwood Hotels, BorgWarner, National Instruments

General Motors (GM) shares were higher on report that GM received the first installment ($4 billion) of $9.4 billion in low-cost government loans GM is expected to ...

December 31, 2008

Stocks: A Dismal Year Ends

Stocks moved higher on the last day of a disastrous 2008 for the markets. The Dow Jones Industrial average dropped 33.8% in 2008, the broader S&P 500 index fell 38.5% ...

December 31, 2008

S&P Picks and Pans: Dell, AIG, Shanda, ValueClick

S&P REITERATES BUY OPINION ON SHARES OF DELL (DELL; 10.07): DELL announces the global reorganization of its business around the three major customer segments of large ...

December 31, 2008

Analyst Actions: Ceradyne, National Penn Bancshares, RTI Biologics

MORGAN JOSEPH DOWNGRADES CERADYNE TO HOLD FROM BUY Morgan Joseph analyst Michael French says Ceradyne (CRDN) won't ship any of its new X-SAPI body armor in the fourth ...

December 31, 2008

Movers: Dell, Verifone, Viacom, Puget Energy

Dell (DELL) says it will organize globally around three major customer segments: large enterprise, public sector, and small- and medium-sized businesses. The PC maker ...

December 30, 2008

Stocks Rally on GMAC Funding

Stocks moved solidly higher Tuesday amid news that the U.S. government loaned $5 billion to GMAC (GKM), the finance arm of struggling auto maker General Motors (GM). ...

December 30, 2008

Analyst Actions: Elizabeth Arden, Savient, Axsys Technologies

WEDBUSH MORGAN UPGRADES ELIZABETH ARDEN TO BUY FROM HOLD Wedbush Morgan analyst Rommel Dionisio says according to recent channel checks of prestige fragrance counters ...

December 30, 2008

S&P Picks and Pans: GM, Anadarko Petroleum, Biovail, Elizabeth Arden, ...

S&P MAINTAINS SELL OPINION ON SHARES OF GENERAL MOTORS (GM; 3.85): We are encouraged by news of U.S. government funding for GMAC, GM's minority-owned financing ...

December 30, 2008

Movers: GM, Rohm & Haas, Dow Chemical, Biovail

General Motors (GM) is in focus after the Wall Street Journal reports that the federal government committed $6 billion to stabilize GMAC, a financing company vital to ...

December 29, 2008

Stocks Fall on Dow Chemical News

Stocks finished slightly lower Monday amid tensions in the Middle East and a cancelled joint-venture deal for Dow Chemical (DOW). S&P MarketScope notes there are fears...

December 29, 2008

S&P Picks and Pans: Dow Chemical, Rohm & Haas, Satyam, Western Digital, SL ...

S&P MAINTAINS SELL OPINION ON SHARES OF DOW CHEMICAL (DOW; 19.34): The Kuwaiti government has canceled the pending formation of a joint venture between DOW and ...

December 29, 2008

Analyst Actions: Dow Chemical, Lions Gate, California Water

BARCLAYS DOWNGRADES DOW CHEMICAL TO EQUAL-WEIGHT FROM OVERWEIGHT Barclays analyst Sergey Vasnetsov says the cancelation of the joint venture with Petrochemicals ...

December 29, 2008

Movers: Dow Chemical, Rohm & Haas, Ford, Nokia

Dow Chemical (DOW) says the Kuwait Supreme Petroleum Council (SPC) reversed its prior approval of the agreement between Dow and Petrochemicals Industries Co. to enter ...

December 26, 2008

Analyst Actions: Amazon.com, IGT

AMAZON.COM, INC. Stifel keeps buy Amazon.com (AMZN) said its 2008 holiday season was its best ever. Stifel analyst Scott Devitt says Amazon reported strong peak days ...

December 26, 2008

Stocks Move Higher

U.S. stocks ended higher Friday amid slow trading on the day after Christmas. Most Asian and European markets were closed for the holidays. S&P MarketScope notes that ...

December 26, 2008

Movers: GM, Integral Systems, Osteotech

GENERAL MOTORS CORP. (GM) GMAC Financial Services says its application to become a bank holding company under the Bank Holding Company Act of 1956, as amended, has ...

December 26, 2008

S&P Picks and Pans: Apple, Gibraltar, TOTAL

12/26/2008- 11:23am S&P REITERATES STRONG BUY OPINION ON SHARES OF APPLE (AAPL) Wal-Mart (WMT) announces the availability of certain AAPL iPhone products on Sunday ...

December 24, 2008

Analyst Actions: Micron Technology, Prologis, Orbital Sciences

MICRON TECHNOLOGY, INC. Goldman Sachs maintains sell Micron Technology (MU) posted a first-quarter loss. Goldman analyst James Covello says the company's calendar ...

December 24, 2008

S&P Picks and Pans: AIG, New York Times, YRC Worldwide

12/24/2008- 11:11am S&P MAINTAINS HOLD OPINION ON SHARES OF AMERICAN INTERNATIONAL GROUP (AIG) AIG announces that a recently created financing entity has purchased $16...

December 24, 2008

Stocks: A Range-Bound Recovery in 2009

Excerpted from a report published by Standard & Poor's Equity Research Services on Dec. 22 Investors will remember 2008 as a year of change. Not just change in the ...

December 24, 2008

Movers: Navistar, YRC Worldwide, Micron Technology

YRC WORLDWIDE, INC. (YRCW) Says it in talks with its banking group to modify certain terms of its credit facilities. Terminates its tender offer that expired at ...

December 24, 2008

Stocks Finish with Small Gains

On Christmas Eve, the stock market was looking for a "Santa Claus" rally. And investors did receive a modest market advance Wednesday, though it was somewhat like ...

December 23, 2008

Stocks: Five Trends to Watch in 2009

With the U.S. government determined to throw virtually everything in its toolbox at the recession in hopes of minimizing the economic pain, it may be all but ...