The companies whose shares are moving in aftermarket trade on Thursday are: CF Industries Holdings, Fluor Corp, CIGNA Corp, Priceline.com, Eog Resources, Carefusion, Sunoco, Metropcs Communications, Visa and American Internation Group.
The price of crude oil plummeted almost 9 percent to finish below $100 per barrel – the largest one-day percentage drop in more than two years – on growing worries about the U.S. economy.
RBC Capital Markets still expects that Embraer SA (NYSE: ERJ) will retains its Regional Jet crown as the market share leader in the medium term, despite several new rivals entering the market most notably Bombardier’s CSeries.
U.S. stocks declined in early trade on Thursday after Department of Labor reported that weekly jobless claims unexpectedly rose last week.
The companies whose shares are moving in pre-market trade on Thursday are: Polypore International, Whole Foods Market, Macy's, Aeropostale, Windstream, Bristol Myers Squibb, Ion Geophysical, Marathon Oil, ConocoPhillips, Gap and Allergan.
The top pre-market NASDAQ Stock Market gainers are: Kendle International, ZST Digital Networks, Hansen Medical, JDS Uniphase, Cbeyond, and ON Semiconductor. The top pre-market NASDAQ Stock Market losers are: Smith Micro Software, Sierra Wireless, Atmel, Aixtron, Mercadolibre, and ARM Holdings.
Jefferies & Co. initiated coverage of AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) with a buy rating and a price target of $27, implying 41 percent upside.
The top after-market NASDAQ Stock Market losers are: Smith Micro Software, FARO Technologies, DragonWave, Atmel, Kulicke & Soffa Industries, ISTA Pharmaceuticals, EarthLink, Windstream, News Corp., and Sierra Wireless.
The top after-market NYSE losers on Wednesday are: Ion Geophysical, Nu Skin Enterprises, McClatchy, Clean Harbors, Solarwinds, F.N.B. Corp, Dole Food Co, Murphy Oil Corp, China Green Agriculture and Calgon Carbon Corp.
The top after-market NYSE gainers on Wednesday are: Polypore International, Miller Industries, Phoenix Companies, Navigant Consulting, Tetra Technologies, Helix Energy Solutions Group, Healthspring, Vonage Holdings, Petrohawk Energy and CACI International.
The top after-market NASDAQ Stock Market gainers are: QuinStreet, JDS Uniphase, NuVasive, S1 Corp., Whole Foods Market, Hansen Medical, Finisar, Spreadtrum Communications, Team, and Cepheid.
Gold sat tight as Silver Prices sank once more in London trade on Wednesday morning, holding above last night's 2-session low of $1528 per ounce while silver dropped to new 3-week lows, flirting with the technical definition of bear market.
U.S. stocks declined in early trade on Wednesday as weaker-than-expected ADP private sector employment report and mixed corporate earnings weighed.
RBC Capital Markets expects Vertex Pharmaceuticals Inc.'s (NASDAQ: VRTX) Incivek (telaprevir) to treat hepatitis C is likely to be approved on or around May 23.
The top pre-market NASDAQ Stock Market gainers are: Varian Semiconductor Equipment Associates, Green Mountain Coffee Roasters, Axcelis Technologies, ValueClick, AXT, and Silicon Graphics International. The top pre-market NASDAQ Stock Market losers are: Key Tronic, Motricity, Kandi Technologies, First Solar, Century Aluminum, and Zalicus.
The companies whose shares are moving in pre-market trade on Wednesday are: Ralcorp Holdings, CBS, AOL, Teradyne, Comcast, Applied Materials, Sanofi-Aventis, Las Vegas Sands, JinkoSolar Holding, MGM Resorts and McKesson Corp.
Jefferies & Co. upgraded its rating on shares of ValueClick Inc. (NASDAQ: VCLK) to buy from hold and increased its price target to $20 from $17, based on improving fundamentals and lower risk profile.
Futures on major U.S. indices point to a lower opening on Wednesday, ahead of economic data including ADP national employment report and ISM non-manufacturing index.
The top after-market NASDAQ Stock Market losers are: BTU International, Quest Software, Key Tronic, QuickLogic, Web.com Group, Oplink Communications, First Solar, OpenTable, Motricity, and Century Aluminum.
The top after-market NASDAQ Stock Market gainers are: Green Mountain Coffee Roasters, Glu Mobile, FEI, AXT, Silicon Graphics International, Myriad Genetics, Planar Systems, Telestone Technologies, Avis Budget Group, and Sino Clean Energy.
The top after-market NYSE losers on Tuesday are: Plantronics, Las Vegas Sands, USEC, St. Joe, Polypore International, Precision Drilling, Western Refining, GMX Resources, JinkoSolar Holding and Great Plains Energy.
The top after-market NYSE gainers on Tuesday are: SWS Group, CBS, PHH, Huntsman, Hovnanian Enterprises, Hovnanian Enterprises, Harris, Sanofi-Aventis, Manitowoc and Valeant Pharmaceuticals.
Gold prices hit new all-time Dollar highs at the AM London Fix on Tuesday, but silver traded near a two-week low as world stock markets slipped and commodity prices fell hard.
The companies whose shares are moving in pre-market trade on Tuesday are: Metropcs Communication, Firstenergy Corp, Avon Products, Tenet Healthcare, Molson Coors Brewing, Caterpillar, Sears Holdings, Chesapeake Energy, Cognizant Technology Solutions and Pfizer.
The top after-market NASDAQ Stock Market gainers are: Metabolix, Cognex, Advanced Energy Industries, DENTSPLY International, and VIVUS. The top after-market NASDAQ Stock Market losers are: Parexel International, Banner Corp., Swisher Hygiene, Brightpoint, and Texas Roadhouse.
U.S. stocks kicked off May with slim losses, as the energy sector followed the price of oil lower and investors couldn't sustain a morning rally that followed the death of Osama bin Laden.
The dollar rebounded from three-year lows and U.S. crude slid more than 1 percent on Monday on the back of news that a U.S.-led operation killed Osama bin Laden in Pakistan.
Risk assets rallied on Monday after the death of terrorist Osama Bin Laden. The celebration, however, may be premature, according to Brad Bechtel of Faros Trading.
Jefferies & Co. raised its price target on shares of Autodesk, Inc. (NASDAQ: ADSK) to $47 from $42, while maintaining its hold rating. The brokerage raised its fiscal 2012 EPS estimate for Autodesk to $1.73 on revenue of $2.21 billion from $1.62 on revenue of $2.156 billion, and its 2013 estimate to $2.08 on revenue of $2.474 billion from $1.93 on revenue of $2.381 billion.
The Bank of America Merrill Lynch said in a report that there was strong possibility of silver hitting $80 an ounce, causing ripples in the silver stock and ETF markets.
