Two recent reports on the attitudes of the "mass affluent" revealed that consumers in this wealth bracket have a relatively high level of apprehension about their financial future.
The top aftermarket NYSE losers on Wednesday were: KAR Auction Services, TNS, Titan International, Colonial Properties, Greatbatch, ABM Industries, Molina Healthcare, Express, Ethan Allen Interiors and Gaylord Entertainment.
The top aftermarket NYSE gainers on Wednesday were: Talbots, Valeant Pharmaceuticals International, iSoftStone Holdings, Teradyne, Christopher & Banks, Primero Mining, Franklin Resources, and First Majestic Silver Corp.
Two reports released today show two groups, retail investors and professional asset managers, have been moving in markedly different directions in the past two weeks. The armchair stock pickers are getting out of U.S. equities while the pros are claiming they are dumping more cash into the American stock market.
It seems like Avon Products, Inc., (NYSE:AVP), waited too long to oust Andrea Jung from the CEO position, as stocks have risen since news of her departure broke.
The top aftermarket NYSE gainers on Tuesday were: ESCO Technologies, Fairchild Semiconductor International, Exterran Holdings, Superior Energy Services, Cobalt International Energy, CoreLogic, Harman International Industries, Trinity Industries, Koninklijke Philips Electronics and Tenet Healthcare Corp.
The top aftermarket NYSE losers on Tuesday were: Sequans Communications, IDT Corp, HyperDynamics, Getty Realty, U.S. Gold Corp, Penn Virginia Corp, Ivanhoe Mines, Manitowoc Co, Titan International and Calix.
Southwest will be the first airline to receive the 737 MAX. Boeing said the company now has orders and commitments for some 900 737 MAX aircraft from 13 customers. The company opted earlier this year against a total new design for its new fuel-efficient engine, decided instead to load it into the popular 737 framework.
The top pre-market NASDAQ stock market gainers are: Urban Outfitters, Diamond Foods, Netflix, Arena Pharma, DryShips and Clearwire. The top pre-market NASDAQ stock market losers are: ProShares UltraPro Short and Amazon.
Raymond James has lowered its profit estimates of telecom giant AT&T Inc. (NYSE:T), which is facing several regulatory roadblocks in its $39 billion deal to acquire T-Mobile USA, a subsidiary of Germany's Deutsche Telekom.
Futures pointed to a slight rebound on Wall Street on Tuesday, with futures for the S&P 500 up 0.46 percent, Dow Jones futures up 0.41 percent and Nasdaq 100 futures up 0.34 percent at 5:28 a.m. ET.
The top aftermarket NYSE gainers on Monday were: FXCM, Ship Finance International, Cameron International, Weatherford International, Exterran Holdings, Superior Energy Services, ANN, C&J Energy Services, Nabors Industries and Men's Wearhouse.
The top aftermarket NYSE losers on Monday were: Vulcan Materials, Skilled Healthcare Group, IntraLinks Holdings, Sun Life Financial, MarkWest Energy Partners, Mechel Steel Group OAO, Gildan Activewear, Frontline and Mueller Water Products.
The top after-market NASDAQ gainers are: Saba Software, Urban Outfitters, Skullcandy, Cypress Semiconductor, Avanir Pharma and Atmel Corp. The top after-market NASDAQ losers are: Liquidity Services, Perceptron, Diamond Foods and BioMarin Pharma.
A survey published Monday by Bank of America Merrill Lynch found a majority believe the U.S. economy will fare worse off next year, yet only 7 percent believe this will force them to lay people off
Shares of Pfizer (NSYE: PFE) were trading Monday after the news down 1.17 percent, or 23 cents, to $20.32 at 3 p.m. Eastern Time. The stock was among the most actively traded on the NYSE. But the market as a whole was trading down on concerns that the latest Eurozone plan won't help the continent avert financial crisis.
Netflix shares are up strongly on speculation that Verizon Communications Inc. (NYSE: VZ) might buy the company to enter the streaming video business.
Still, there's plenty of reason investors might have continued holiday cheer for GE, and the job CEO Jeff Immelt is doing. After downgrading GE in January, Bernstein Research analyst Steven Winoker listed five reasons, according to Barrons, that shares could climb to $21 -- near a 52-week high.
As unprecedented conditions continue to buffet the U.S. equities, and investors pull tens of billions out, investment managers are increasingly counseling their clients on what could be the most basic of stock market strategies: put your cash in mature high-dividend shares of mature companies, and stop fussing.
Student loan company Sallie Mae Corp. (SLM) left the New York Stock Exchange and began trading on the NASDAQ stock market Monday under the ticker symbol SLM in what the company calls a "cost-effective" move. The firm also launched a new corporate logo.
Online retailer Amazon.com Inc. (NASDAQ:AMZN) whose Kindle Fire tablet is one of the hot-selling products in this holiday season may have a tough time in convincing investors over its margins.
Graphics chip maker Nvidia, Inc. (NASDAQ:NVDA) is going through a difficult fourth quarter, hurt by supply chain issues.
