-
Wednesday's S&P Sector Recap 6/22/11
Wednesday, June 22, 2011 - 4:44pm | 1502The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...
-
Options Brief: Leggett & Platt, Incorporated
Wednesday, June 22, 2011 - 1:03pm | 81Shares of Leggett & Platt, Incorporated (NYSE: LEG) are lower on the session by 0.40%, trading at $23.61. Overall put volume is now running at 4.46x the daily average, with 52% of all puts traded being purchases on the offer. 1,266 contracts have traded on the session so far. Leggett &...
-
Puts Purchased on Tempur-Pedic International
Tuesday, June 21, 2011 - 11:43am | 126Shares of Tempur-Pedic International (NYSE: TPX) are higher on the session by 2.44%, currently trading at $65.03. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short...
-
Earnings Scheduled For June 21
Monday, June 20, 2011 - 11:20pm | 331Jabil Circuit Inc (NYSE: JBL) is projected to report its FQ3 earnings at $0.57 per share on revenue of $4.14 billion. Barnes & Noble Inc (NYSE: BKS) is estimated to post a FQ4 loss at $0.91 per share on revenue of $1.39 billion. Commercial Metals Company (NYSE: CMC) is expected to report its...
-
Calls Purchased on Leggett & Platt
Monday, June 20, 2011 - 12:13pm | 121Shares of Leggett & Platt (NYSE: LEG) are higher on the session by 0.94%, currently trading at $23.63. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while...
-
KeyBanc Capital Markets Initiates Mohawk Industries Coverage; Hold Rating
Thursday, June 16, 2011 - 3:30pm | 82KeyBanc Capital Markets initiated coverage of Mohawk Industries (NYSE: MHK) with a Hold rating in a research report published today. In the report, KeyBanc Capital Markets states, " MHK is well positioned for the eventual pick-up in U.S. residential flooring demand, driven by rising home sales...
-
Brian Sozzi Discusses Technical Analysis On Some Names
Wednesday, June 15, 2011 - 1:15pm | 264Brian Sozzi is out with a research note on some potential ideas, this time from a technical analysis, rather than a fundamental perspective. In the note Sozzi discusses Bebe (NASDAQ: BEBE), Kohl's (NYSE: KSS), Macy's (NYSE: M), Furniture Brands (NYSE: FBN), Buckle (NYSE: BKE), and Activision...
-
Pandora CEO Joe Kennedy Tells Fox Business The Company's Focus Is Not "On The Stock Price" But To "Redefine Radio"
Wednesday, June 15, 2011 - 12:20pm | 184Pandora President & CEO Joe Kennedy spoke with FOX Business Network's (FBN) Stuart Varney about the company going public today. When asked if the company's earnings justify its current valuation, Kennedy said “investors will set the stock price. We are focused on providing a great experience to...
-
News Corp. Chief Operating Officer Chase Carey On Fox Business
Tuesday, June 14, 2011 - 4:20pm | 513News Corporation Chief Operating Officer Chase Carey spoke with FOX Business Network's (FBN) Liz Claman live from the National Cable & Telecommunications Association Conference in Chicago about the future of cable television. Carey said that companies with “unique branded content” will be the...
-
Fox Business Reporting That Bernanke Agrees That The Dodd-Frank Bill Is "Hindering Economic Growth"
Monday, June 13, 2011 - 2:39pm | 253FOX Business Network's (FBN) Charlie Gasparino reports that United States Federal Reserve Chairman Ben Bernanke agrees with JPMorgan CEO Jamie Dimon that the Dodd-Frank Bill for financial reform lacks clarity. Despite rumors that Bernanke was annoyed by Dimon's criticism, sources close to Bernanke...
-
Ethan Allen Freefalling into the Close
Friday, June 10, 2011 - 2:52pm | 48Shares of Ethan Allen (NYSE: ETH) are plummeting into the close, currently trading down 1.9% to $18.54 - just above the intraday low of $18.52. The stock started out the day in positive territory, but came under intense selling pressure beginning at 10:30am.
-
Consumer Goods Sector Getting Crushed Again
Friday, June 10, 2011 - 2:11pm | 317The Consumer Goods Sector is taking another hit in today's trading session, currently down 1% from yesterday's close. The weakest S&P Consumer Goods stocks currently are: 1) Goodyear Tire & Rubber (NYSE: GT): Shares of Goodyear Tire and Rubber are currently trading down 7.3% from...
-
Ethan Allen CEO Comments on Business Outlook
Thursday, June 9, 2011 - 4:00pm | 105Ethan Allen Interiors Inc. and its subsidiaries (NYSE: ETH) In anticipation of questions about business trends at upcoming meetings next week with financial analysts, Ethan Allen's Chairman and CEO, Farooq Kathwari commented, “While there are economic headwinds, we have continued to maintain our...
-
Fox Business Network Reporting House Republicans Have Contingency Plans To Avoid Default If Debt-Limit Talks Stall
Thursday, June 9, 2011 - 2:46pm | 263FOX Business Network's (FBN) Charlie Gasparino reports Republicans in the House of Representatives have planned a series of temporary debt extensions if the debit-limit talks stall, which include 48-hour and 72-hour debt-cap extension plans. Excerpts from the interview are below, courtesy of Fox...
-
Billionaire Investor Jeff Greene Tells Fox Business "Now Is The Time To Get In On Real Estate"
Thursday, June 9, 2011 - 1:15pm | 406Billionaire investor Jeff Greene spoke with FOX Business Network's (FBN) Liz Claman about the United States economy and how he is investing as a result. Greene expressed optimism about the economy in the short term but confessed he is “extremely worried long term.” Greene said that he likes...