U.S. stocks advanced in early trade on Wednesday after ADP National Employment report showed that the private sector employment rose in March.
RBC Capital Markets continues to believe that Teva Pharmaceutical Industries Ltd.'s (NASDAQ: TEVA) generic Copaxone is unlikely in the near term. The brokerage also said FDA denied Copaxone Citizen Petition (CP) as it is premature to make a decision on generic approvability.
Gold shot up by nearly one percent on Wednesday, after four sessions of losses amid broad support from unrest in the Middle East and North Africa, but gains may stay limited by expectations monetary policy in key regions may tighten. Spot gold was bid at $1,430.55 an ounce at 1344 GMT, against $1,415.95 late in New York on Tuesday.
The top pre-market NASDAQ Stock Market gainers are: Cephalon, Netlist, Achillion Pharmaceuticals, ClickSoftware Technologies, and Glu Mobile. The top pre-market NASDAQ Stock Market losers are: China Information Technology, Golar LNG, Tibco Software, EDAP TMS, Vodafone Group, and Dell.
The companies whose shares are moving in pre-market trade on Wednesday are: Gilead Sciences, Philip Morris International, Range Resources, NYSE Euronext, eBay, Chesapeake Energy, Kohl's Corp and Dell.
Salesforce.com said it agreed to acquire Radian6, a social media monitoring platform, for about $326 million in cash and stock deal a move that will help Salesforce to effectively market its cloud-based products.
ThinkEquity lowered its profit estimate of Nvidia Corp. citing lower PC graphics growth.
Jefferies & Co. expects the FiberTower (NASDAQ: FTWR) deal could boost DragonWave Inc.'s (NASDAQ: DRWI) efforts to expand its non-Clearwire business.
US stocks edged modestly higher in Tuesday’s session as traders eyed Friday’s non-farm payrolls (NFP) report.
The top after-market NASDAQ Stock Market gainers are: Cephalon, Netlist, Life Partners Holdings, AC Moore Arts & Crafts, and Gulf Resources. The top after-market NASDAQ Stock Market losers are: ValueVision Media, Tibco Software, H&E Equipment Services, iGATE, and Career Education.
In March 2009, the S&P 500 hit a low of 666. Since then, it has almost doubled.
US stocks trickled modestly higher in Tuesday’s session, in light volume, as traders eye Friday’s non-farm payrolls report.
RBC Capital Markets believes CarMax Inc. (NYSE: KMX) has significant long-term growth potential, while the company's shares are admittedly not cheap.
U.S. stocks declined in early trade on Tuesday as investors watched geopolitical developments in Japan and Middle East with caution while S&P cut its credit ratings for both Portugal and Greece.
Dollar Gold Prices fell in Asian and early London trade on Monday, dropping 1.3% to a 6-session low of $1411 per ounce as global equities slipped and the US currency rose on the forex market. Silver Prices lost 2.1% to hit a 3-session low beneath $36.50 per ounce.
The top pre-market NASDAQ Stock Market gainers are: Technology Research, SORL Auto Parts, Gulf Resources, Magic Software Enterprises, and Lululemon Athletica. The top pre-market NASDAQ Stock Market losers are: Apollo Group, Anadigics, Alliance Holdings GP, CryptoLogic, and Silicon Image.
The companies whose shares are moving in pre-market trade on Tuesday are: Lennar Corp, AK Steel Holding, Marriott International, XL Group, InterDigital, Energy Transfer Partners, BP Plc and Halliburton.
U.S. stocks gave up modest gains and ended slightly lower as declines from consumer and technology companies’ shares weighed in the final hour of trading session.
Crude prices traded below $104 a barrel on Tuesday in Asia as Libyan rebels announced resumption of oil exports from the sites controlled by them.
Amazon.com Inc has launched an online service that would enable its customers to securely store music in the cloud and play it on any Android phone, Android tablet, Mac or PC, wherever they are.
The top after-market NASDAQ Stock Market gainers are: Technology Research, GSI Group, China Electric Motor, ServiceSource International, and Powerwave Technologies. The top after-market NASDAQ Stock Market losers are: Anadigics, A123 Systems, Euroseas, Fuqi International, and Hoku.
U.S. stocks gave up modest gains to turn lower in the final minutes of Monday's trading session, as financials and materials sectors joined consumer and tech stocks in the red.
U.S. stocks advanced in early trade on Monday, following better-than-expected economic reports on Personal spending and pending home sales in February.
US stocks opened higher in early trade on Monday, with the S&P 500 Index gaining 2.49 points, or 0.19 percent, to trade at 1,315.76. The Dow Jones Industrial Average is up 18.31 points, or 0.15 percent, to trade at 12,238.90. The Nasdaq Composite Index advanced 0.28 percent.
RBC Capital Markets initiated its rating on shares of Zuoan Fashion Ltd (NYSE: ZA) at outperform, speculative risk and a price target of $9.
The top pre-market NASDAQ Stock Market gainers are: Cal-Maine Foods, Leap Wireless International, Cerus, Synthesis Energy Systems, and Liberty Media Interactive. The top pre-market NASDAQ Stock Market losers are: Fuqi International, Cninsure, Randgold Resources, Star Scientific, and ARM Holdings.
Crude oil futures slipped on Monday as Libyan rebels disclosed plans of oil exports from the key oil towns captured by them over the weekend.
The companies whose shares are moving in pre-market trade on Monday are: NYSE Euronext, Salesforce.Com, Freeport-McMoRan, Netflix, Bristol Myers Squibb, Caterpillar, Boeing, Marriott International, Peabody Energy and Wal-Mart Stores.
U.S. stocks gained for the third consecutive day on Friday as investors shook off global fears and focused instead on upbeat earnings.
While a drop in public support for nuclear power would be expected after an incident like the Fukushima reactor crisis, the nuclear disaster in Japan has triggered a much stronger response among Americans.
