Diversified Capital Markets

U.S. stock market hit a fresh 17-month high Wednesday, with the Dow average registering its seventh straight advance, as a tame wholesale inflation data and hopes that borrowing costs would remain at historic lows for some time gave investors a sense of contentment.  Unlike on earlier occasions,...

The Credit Suisse Long/Short Liquid Index (Net) ETN (NYSE Arca: CSLS) is designed to correlate to the historical performance of the Credit Suisse Tremont Long/Short Equity Hedge Fund Index by tracking the performance of non-hedge fund, transparent market measures. Ticker: CSLS   CUSIP:  ...

• UBS (NYSE:UBS) upgraded Starbucks (NASDAQ:SBUX) to "buy" from "neutral" with a $29 price target • Goldman Sachs (NYSE:GS) upgraded Coventry Health Care (NYSE:CVH) to "neutral" and removed the shares from its Conviction Sell List, noting in-line valuation levels • Piper Jaffray (NYSE:PJC) upgraded...

Sonic Corporation (NASDAQ: SONC) increased 2.96% to $10.80 in the pre-market session. The 52-week trading range for SONC is $7.82 - $12.63. In the last six months, SONC has declined over 10%. Sonic Corporation closed at $10.49 in the previous trading session. Biolase Technology, Inc. (NASDAQ: BLTI...

Analysts expect Deutsche Bank (NYSE: DB) to earn $1.91 per share for the latest quarter. DB is set to post its results before the opening bell. DB’s shares gained 1.39% to $73.18 in after hours trading. Read more about this company here. American Apparel Inc (NYSE: APP) had forecasted EPS of $0.04...

Analysts expect AAON Inc (NASDAQ: AAON) to post EPS of $0.37 for the latest quarter when it report its results before the bell. AAON’s shares gained 0.05% to close at $21.70 on Friday. Read more about this company here. Internet retailer Overstock.com (NASDAQ: OSTK) had forecasted earnings of $0....

UBS (NYSE: UBS) warned the Swiss government that failure on its part to back a deal, ending the tax row with the U.S., would result in a serious backlash for Swiss banks and the nation’s economy. The Swiss government wants parliament to overrule a Swiss court decision that prevents it from...

US stock futures advanced today, indicating that the Standard & Poor’s 500 Index will continue to move up on its a 17-month high path. While futures on the S&P 500 expiring in March gained 0.1% to 1,147.4 as of 11:57 am in London, those on the Dow Jones Industrial Average moved up 0.1% to...

• BP (NYSE:BP) plans to pay Devon Energy (NYSE:DVN) $7 billion for assets in Brazil, the Gulf of Mexico and Azerbaijan • United Technologies (NYSE:UTX) announced that its board authorized buying back up to 60 million shares of its common stock, worth $3.4 billion at current levels • Goldman Sachs (...

Wal-Mart (NYSE: WMT) is looking to refill some portions of its Action Alley. The idea behind the move is to encourage sales volume, and footfalls. According to a report released by Credit Suisse (ADR) (NYSE: CS), consumer companies such as PepsiCo (NYSE: PEP), and Kellogg (NYSE: K) are likely to...

U.S. airline stocks rose for a second straight day after UBS (NYSE: UBS) raised its target price on several carriers, and Jesup & Lamont Securities forecast a smaller first-quarter loss for Delta Air Lines, Inc. (NYSE: DAL). UBS increased its target prices for American Airlines parent AMR Corp...

Bob Parker, senior advisor at Credit Suisse (ADR) (NYSE: CS), thinks that the markets are expected to remain positive for the next six months. Talking with CNBC, Parker said that he does not expect to see any slowdown in the market. According to Parker, the major economies are likely to give...

Bob Parker, senior advisor at Credit Suisse (ADR) (NYSE: CS), thinks that the markets are expected to remain positive for the next six months. Talking with CNBC, Parker said that he does not expect to see any slowdown in the market. According to Parker, the major economies are likely to give...

EQT Corporation (NYSEÑ EQT) said on Tuesday that it intends to offer 12.5 million in common equity. The oil, and gas company also said that it has raised the capex estimate for 2010 by 41% to $1.2 billion. The company also raised the production sales growth estimate for 2010 from 20% to 26%. JP...

Royal Dutch Shell (NYSE: RDS-A), Europe's second-largest oil company, and PetroChina (NYSE: PTR) are said to be jointly offering $3 billion for Australia's Arrow Energy, a producer of coal-seam natural gas. The offer, which is non-binding, would give Arrow $4.03 in cash and stock in a new company....