The top after-market NASDAQ stock market losers are: MakeMyTrip, Telestone Technologies, Tetra Tech, TiVo, NightHawk Radiology Holdings, Ebix, Globe Specialty Metals, The Hain Celestial Group, A123 Systems, and Ariad Pharmaceuticals.
The top after-market NASDAQ stock market gainers are: Dynamex, THQ, O'Charley's, Take-Two Interactive Software, SmartHeat, SMART Modular Technologies WWH, LTX-Credence, MIPS Technologies, ChinaCast Education, and Oracle.
Stocks tumbled on heightened geopolitical tensions in Korea and rising fears about the spread of euro zone debt crisis. Minutes from the last FOMC meeting which revealed disagreements among policymakers over the efficacy of the second round of quantitative easing did not help market sentiment either.
Some individuals – like myself and a few other students of crises in the recent cycle – are able to predict the financial storm well in advance, said Nouriel Roubini, co-founder of Roubini Global Economics.
Minutes of the November 2-3 Federal Open Market Committee meeting.
Credit Suisse expects the S&P 500 index to trade in the 1,100 to 1,300 range, saying that most important potential source of turbulence in equity markets may be the actions of monetary policymakers.
US stocks declined in early trade on Tuesday as a fresh exchange of fire between North Korea and South Korea overshadowed better-than-expected reading on economic activity.
Futures on major U.S. stock indices remained lower on Tuesday despite better-than-expected reading on economic activity as a fresh exchange of fire between North Korea and South Korea weighed on the sentiment.
Energy firm Dynegy Inc said it intends to terminate the merger deal with Blackstone Group and seeks new proposals from potentially interested parties.
The top pre-market NASDAQ stock market gainers are: China Techfaith Wireless Communication Technology, Hovnanian Enterprises, MedAssets, Urban Outfitters, Seagate Technology, Sonic Solutions, Nuance Communications, and Magic Software Enterprises.
The top pre-market NASDAQ stock market losers are: Brocade Communications Systems, Harbin Electric, Jack in the Box, JA Solar Holdings, Wonder Auto Technology, DryShips, ARM Holdings, Brigham Exploration, Riverbed Technology, and Hercules Offshore.
Campbell Soup Co. said quarterly earnings were hit by lower sales of its high-margin ready-to-serve and condensed eating soups, where higher promotional spending did not produce the planned volume gains.
Futures on major U.S. stock indices point to lower opening on Tuesday as a fresh exchange of fire between North Korea and South Korea, and concerns over European debt crisis weighed on the sentiment.
PC giant Hewlett Packard is probably going to sign a mega customer relationship management deal with Salesforce.com for about 35,000 to 40,000 seats, a move that might end up replacing Oracle Siebel as its CRM provider.
Futures on major U.S. stock indices point to lower opening on Tuesday after North Korea shelled a South Korean island, triggering worries that the lingering tensions between the countries could worsen.
Robert W. Baird upgraded shares of Sandisk, to 'outperform' from 'neutral', citing expectations of stable gross margin for 2011 and significantly better-than-seasonal NAND pricing for first half of 2011.
Gleacher lowered Boeing's 2011 profit estimate as it expects further delays in the company's 787 aircraft entering service.
Key technical supports make the way downward bumpy for gold and silver, probably aided by the long-term bullishness for the precious metals while many also expect the US dollar to weaken further.
The top after-market NASDAQ stock market losers are: Pacific Sunwear of California, Focus Media Holding, Brocade Communications Systems, Jack in the Box, Nuance Communications, Healthways, Sanderson Farms, Motricity, RealNetworks, and FSI International.
The top after-market NASDAQ stock market gainers are: Maxygen, Virgin Media, Magic Software Enterprises, Pacer International, Celldex Therapeutics, TiVo, Cracker Barrel Old Country Store, Natural Alternatives International, GT Solar International, and Northwest Bancshares.
The massive EU and IMF bailout for Ireland doesn't seem to be working as the euro currency, European stocks, and Irish stocks gave back early gains and closed with losses. Irish bonds are still up for the day, but not by much.
Stocks finished mixed, but bounced back from early lows on worries that Ireland’s debt crisis could spread to other peripheral euro zone nations, follow a request by the Irish government for a multi-billion euro funding bailout.
Despite the hugely successful initial public offering General Motors (NYSE: GM) underwent last week, the company still has numerous questions surrounding it, particularly its huge pension liabilities. As such, David Silver, an equity research analyst at Wall Street Strategies in New York, believes that Ford Motor Co. (NYSE: F) is the better auto company and more attractive stock right now.
Attachmate Corp, an investment group owned by Francisco Partners, Golden Gate Capital and Thoma Bravo, said it will buy networking solutions company Novell, Inc. for about $2.2 billion.
Tyson Foods, one of the largest US chicken producers, reported $213 million in its fourth-quarter profit on lower goodwill impairment charges. However, the company's shares were down about 3 percent in the pre-market hours as its sales came in below market expectations.
Chip giant Intel's fourth quarter revenue are likely tracking in the lower half of the company's guidance of $11.0 billion to $11.8 billion on sluggish PC trends, said FBR Capital Markets analyst Craig Berger.
In an eventful week, that passed through uncertainty about Ireland's response to a bailout offer, an unexpectedly higher Chinese inflation number and its policy response and largely mixed US data, investors remained cautious about the changing 'risk-friendliness' of commodities. In a mixed precious metals segment, silver rose 5 percent in the week and palladium was up by 4.4 pct while gold fell 1.1 percent and platinum dropped by 0.9 percent from previous Friday.
U.S. and Japanese officials are meeting to discuss whether the U.S. can supply rare earths to Japan. But uncertainties surrounding the American reserves remain, as there are no active mines in the U.S.
U.S. stocks finish a volatile week with modest gains on Friday, finishing flat for the week as a whole. In the absence of major economic data in the U.S., investors focused on moves by China to rein in their inflation, while Ireland continues to negotiate a bailout arrangement from the European Union and International Monetary Fund (IMF).
South Korean companies demonstrate enormous potential and yet many of them trade at a significant discount to their Asian and global peers.
