Jefferies & Co. reiterated its hold rating on shares of Motorola Solutions Inc (NYSE: MSI) ahead of first quarter earnings results, with a price target of $43.
Jefferies & Co. reiterated its hold rating on shares of Motorola Mobility Holdings Inc. (NYSE: MMI) ahead of first quarter earnings results, with a price target of $28.
The U.S. Food and Drug Administration (FDA) has approved the use of Sanofi Pasteur's bacterial meningitis vaccine Menactra in children as young as 9 months.
The top after-market NYSE gainers on Monday are: Hexcel Corp, Aaron's, Inc, Capital Trust, Hospira, Helix Energy Solutions, Helix Energy Solutions Group, AK Steel Holding, ITT Educational Services, Jaguar Mining, United Parcel Service and Valero Energy.
The top after-market NYSE losers on Monday are: Ennis, Health Management Associates, Precision Drilling, Emulex, Callon Petroleum, Endeavour Silver, OMNOVA Solutions, and Venoco.
The top after-market NASDAQ Stock Market gainers are: Ultra Clean Holdings, Calamos Asset Management, ACADIA Pharmaceuticals, Veeco Instruments, and Cubist Pharmaceuticals. The top after-market NASDAQ Stock Market losers are: Express Scripts, Netflix, Rent-A-Center, L & L Energy, and MIND C.T.I.
Gold and silver continue to defy expectation and climb higher by the day.
RBC Capital Markets said FDA could approve Endocyte Inc.'s (NASDAQ: ECYT) EC145 to treat women patients with platinum-resistant ovarian cancer.
The companies whose shares are moving in pre-market trade on Monday are: International Game Technology, Advanced Micro Devices, Micron Technology, Tesoro Corp, Pfizer, Netflix, FirstEnergy, Kimberly-Clark Corp, RadioShack and First Horizon National.
The top pre-market NASDAQ Stock Market gainers are: Polycom, OmniVision Technologies, Changyou.com, Sohu.com, and Avanir Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: Orexigen Therapeutics, SanDisk, Micron Technology, and Huntington Bancshares.
U.S. stocks ended higher on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
FBR Capital Markets upgraded its rating on shares of Marriott International, Inc. (NYSE: MAR) to outperform from market perform with a price target of $43.
Asian stock markets ended mixed on Monday as Chinese shares declined to the lowest level in three weeks on monetary policy tightening concerns.
Jefferies & Co. reiterated its buy rating on shares of Alcatel-Lucent (NYSE: ALU) ahead of first quarter earnings results, with a price target of 5 euros.
Since the height of the financial crisis, gold prices have soared, oil has surged, the US dollar has somewhat declined against other currencies, and US consumer price inflation has only inched up slightly.
Gold prices shot up to a new record of $1,512.50 an ounce in New York late on Friday, posting a record weekly gain and maintaining a six-week winning streak. What the gold rally means to the dollar and the American people is obvious from the rush pawn shops see across the United States.
The Japanese yen and gold may be in trouble as countries around the world set for budget austerity and rate hikes in 2011.
In recent weeks, global central banks have accelerated their pace of diversification out of the US dollar. One of the main beneficiaries has been the Australian dollar, which has surged in the face of bearish developments.
The euro has decoupled from the euro zone peripheral debt crisis in 2011.
The US dollar is in a new phase of depreciation, said Douglas Borthwick of Connecticut-based Faros Trading.
Shares of Yum! Brands, Inc. (NYSE: YUM) touched a new life-time high of $54.98 on Thursday. The company's first quarter revenue exceeded Street view boosted by growth in China, which helped offset weakness in its U.S. operations.
U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
The top after-market NYSE losers on Thursday are: General Growth Properties, AutoNation, Oceaneering International, Hyatt Hotels, ITT Educational Services, OMNOVA Solutions, Monster Worldwide, U.S. Gold Corp and Timberland Co.
The top after-market NYSE gainers on Thursday are: International Game Technology, Noah Education Holdings, Precision Drilling, General Steel Holdings, Amdocs, Plantronics, Standard Pacific, Ship Finance International, Georgia Gulf Corp and Tenet Healthcare Corp.
Asian stock markets ended slightly lower in holiday-hit trading on Friday. Many markets including Australia, Hong Kong Jakarta, Singapore, Manila and India were closed for public holidays.
Shares of Penn National Gaming Inc. (NASDAQ: PENN) touched a new 2-year high of $40.45 on Thursday. The company's first quarter earnings and revenue exceeded Street view as its casinos saw a growth in business, and it raised outlook for the year.
Shares of Select Comfort Corp. (NASDAQ: SCSS) touched a new 2-year high of $17.50 on Thursday, as its first quarter earnings and revenue exceeded Street view.
Shares of TradeStation Group Inc. (NASDAQ: TRAD) touched a new 2-year high of $9.70 on Thursday. Japanese online brokerage Monex Group said Wednesday it agreed to acquire U.S. peer TradeStation for about $411 million to gain a foothold in the world's largest equities market.
The top after-market NASDAQ Stock Market gainers are: Polycom, Mentor Graphics, ZST Digital Networks, EZCORP, and Stein Mart. The top after-market NASDAQ Stock Market losers are: Radio One, Asia Entertainment & Resources, Pool Corp., Penn National Gaming, Universal Display, Cymer, and Rambus.
The Japanese government on Friday approved a $48.5 billion emergency budget for disaster relief but refrained from raising fresh debt.
