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P&G Downgraded at BMO

BMO Capital Markets has downgraded shares of FMCG giant Procter & Gamble to market perform from outperform, saying that the earnings growth in the second half will be slower than its expectations.

Stocks open higher in early trade, incomes jump

US stocks opened higher in early trade on Monday, with S&P 500 Index gaining 7.54 points, or 0.57 percent, to trade at 1,326.97 at 09:55 a.m. EST. The Dow Jones Industrial Average is up 76.82 points, or 0.63 percent, to trade at 12,207.27. The Nasdaq Composite Index rose 0.49 percent to trade at 2,795.40.

Sunstone Hotel Investors Upgraded at RBC Capital

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RBC Capital Markets upgraded its rating on shares of Sunstone Hotel Investors Inc. (NYSE: SHO) to "outperform" with above average risk from "sector perform" and increased price target to $14 from $11.
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Boeing awarded $35-bln contract by USAF to build fueling tankers

The U.S. Air Force has awarded a $35-billion contract to Boeing Co. to (NYSE: BA) build a fleet of aerial fueling tankers in favor of its rival EADS (European Aeronautic Defense and Space Co.) ending a three-year epic battle, according to a report in The New York Times, quoting politicians and industry executives.
Anti-Gaddafi protesters shout slogans during a protest in Benghazi

Oil price could double to $220: Nomura

Commodity analysts at Nomura Holdings Inc. said. Brent crude prices could double to $220 per barrel in the coming weeks if Libya descends into an all-out civil war and further shuts down oil production in the country.
A pedestrian walks past the NASDAQ building in New York City

Nasdaq mulls NYSE bid in exchange deal dash

Nasdaq OMX Group Inc could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said, as traditional exchanges race to merge to see off upstart electronic rivals.
Motorola Solutions

Motorola Solutions, Verizon Wireless Sign LTE Deal

Motorola Solutions announced an alliance with Verizon Wireless that would bring the advantages of Long-Term Evolution (LTE) technology to public safety customers across the United States.
Traders work on the floor of the New York Stock Exchange

US stocks open mixed, HP weighs on Dow

US stocks were mixed in early trade on Wednesday after plunging in the previous session amid political unrest in the Middle East.
British Prime Minister David Cameron arrives for a news conference with Qatar's Prime Minister Sheikh Hamad bin Jassim bin Jaber al-Thani

Qatar expresses interest in buying stakes in RBS, Lloyds

The Persian Gulf kingdom of Qatar has expressed some interest in investing in two major partially-nationalized British banks, Royal Bank of Scotland (NYSE: RBS) and Lloyds Banking Group (NYSE: LYG).
HP logo is seen outside Hewlett-Packard Belgian headquarters in Diegem

What HP Results Mean for Intel, Nvidia?

The weak top line results of HP and its tepid outlook clearly shows the weak demand for consumer PCs, partly due to the overwhelming demand for tablets that is eating into the sales of PCs.
HP logo is seen outside Hewlett-Packard Belgian headquarters in Diegem

HP Shares Fall as Sales, Outlook Lag Street View

PC giant Hewlett-Packard Co's quarterly sales and outlook came in below Wall Street expectations, sending its shares down 11 percent in the afterhours trading on the NYSE.
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World Market update Feb 23.

U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.

World Market Wrap 23/2/2011

U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.
Traders work on the floor of the New York Stock Exchange

U.S. stocks plunge, oil prices surge, on Libyan concerns

U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.
Medtronic Chairman and CEO William Hawkins

Medtronic to lay off up to 2,000 workers

Medical device maker Medtronic Inc. (NYSE: MDT) said it plans to lay off up to 2,000 workers in connection with a restructuring program in response to sluggish sales of some of its products.
Shoppers cart their purchases from a Wal-Mart store in Alexandria, Virginia  November 12, 2009

Wal-Mart domestic sales dip again, shares down

Shares of Wal-Mart Stores fell nearly 4 percent in early trade after the world’s largest retailer a seventh straight quarterly decline in U.S. comparable-store sales, saying some of the pricing and merchandising issues ran deeper than it initially expected.

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