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Mid-Morning Market Update: Markets Open Higher; JPMorgan Earnings Top Estimates
Thursday, July 14, 2016 - 8:57am | 772Following the market opening Thursday, the Dow traded up 0.58 percent to 18,478.40 while the NASDAQ climbed 0.42 percent to 5,026.71. The S&P also rose, gaining 0.45 percent to 2,162.18. Leading and Lagging Sectors On Thursday, financial shares surged by 0.9 percent. Top gainers...
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Mid-Morning Market Update: Markets Open Higher; BlackBerry Profit Tops Views
Thursday, June 23, 2016 - 9:12am | 781Following the market opening Thursday, the Dow traded up 0.71 percent to 17,906.91 while the NASDAQ rose 0.62 percent to 4,863.40. The S&P also rose, gaining 0.66 percent to 2,099.19. Leading and Lagging Sectors On Thursday, financial shares rose by 1.4 percent. Top gainers in the...
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Mid-Morning Market Update: Markets Mostly Lower; Lowe's Beats Q1 Expectations
Wednesday, May 18, 2016 - 8:54am | 655Following the market opening Wednesday, the Dow traded down 0.32 percent to 17,474.13 while the NASDAQ gained 0.08 percent to 4,719.64. The S&P also fell, dropping 0.20 percent to 2,043.07. Leading and Lagging Sectors Financial shares gained by 0.48 percent in trading on Wednesday. Top gainers...
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Earnings Scheduled For April 18, 2016
Monday, April 18, 2016 - 3:11am | 573Hasbro, Inc. (NASDAQ: HAS) is estimated to post its quarterly earnings at $0.24 per share on revenue of $777.11 million. Morgan Stanley (NYSE: MS) is projected to post its quarterly earnings at $0.46 per share on revenue of $7.87 billion. PepsiCo, Inc. (NYSE: PEP) is estimated to post its...
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Stocks Hitting 52-Week Highs
Friday, April 1, 2016 - 9:05am | 166Six Flags Entertainment Corp (NYSE: SIX) shares rose 1.95 percent to touch a new 52-week high of $56.57. FBR Capital upgraded Six Flags from Market Perform to Outperform. American Independence Corp. (NASDAQ: AMIC) shares gained 3.52 percent to reach a new 52-week high of $20.60. American...
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Earnings Scheduled For January 22, 2016
Friday, January 22, 2016 - 4:06am | 345General Electric Company (NYSE: GE) is estimated to report its quarterly earnings at $0.49 per share on revenue of $35.96 billion. Kansas City Southern (NYSE: KSU) is expected to report its quarterly earnings at $1.10 per share on revenue of $601.75 million. SunTrust Banks, Inc. (NYSE: STI) is...
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Earnings Scheduled For January 19, 2016
Tuesday, January 19, 2016 - 5:22am | 635Bank of America Corp (NYSE: BAC) is projected to report its quarterly earnings at $0.26 per share on revenue of $19.78 billion. Delta Air Lines, Inc. (NYSE: DAL) is expected to post its quarterly earnings at $1.19 per share on revenue of $9.61 billion. International Business Machines Corp. (NYSE...
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Raymond James Downgrades Six Banking Stocks
Thursday, December 17, 2015 - 9:06am | 811Most banking stocks have been under pressure over the last three months. Raymond James’ David J. Long downgraded the ratings on several banking stocks. A slow pace of interest rate hikes is expected to restrict the banking segment’s revenue growth going ahead, Long believes...
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US Stock Futures Decline Ahead Of Economic Data
Monday, November 23, 2015 - 6:58am | 426Pre-open movers US stock futures traded lower in early pre-market trade. The Chicago Fed National Activity Index for October will be released at 8:30 a.m. ET, while the PMI manufacturing index for November will be released at 9:45 a.m. ET. Data on existing home sales for October will be released...
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MB Financial, American Chartered to Merge
Sunday, November 22, 2015 - 6:06pm | 208MB Financial, Inc. ("MB Financial") (Nasdaq: MBFI) and American Chartered Bancorp, Inc. ("American Chartered") announced the signing of a definitive merger agreement whereby MB Financial will acquire American Chartered and its wholly owned bank subsidiary, American Chartered Bank, in a stock and...
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UPDATE: MB Financial Acquires MSA Holding And Entities MainStreet Investment And Cambium Asset Managment
Wednesday, October 28, 2015 - 4:23pm | 304MB Financial Bank, N.A. (MB) recently entered into an agreement to acquire MSA Holdings, LLC (MSA Holdings), parent company of MainStreet Investment Advisors, LLC (MainStreet) and Cambium Asset Management, LLC (Cambium). MSA Holdings will be a wholly-owned subsidiary of MB. The management team of...
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Mid-Afternoon Market Update: Ryder System Declines On Lowered Forecast; NewBridge Bancorp Shares Spike Higher
Tuesday, October 13, 2015 - 2:17pm | 577Toward the end of trading Tuesday, the Dow traded down 0.17 percent to 17,103.06 while the NASDAQ declined 0.59 percent to 4,809.92. The S&P also fell, dropping 0.47 percent to 2,007.93. Leading and Lagging Sectors In trading on Tuesday, technology shares slipped by just 0.3 percent. Top...
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Mid-Day Market Update: Wausau Paper Jumps On Acquisition News; AIXTRON Shares Slide
Tuesday, October 13, 2015 - 11:18am | 585Midway through trading Tuesday, the Dow traded up 0.04 percent to 17,138.94 while the NASDAQ climbed 0.09 percent to 4,842.73. The S&P also rose, gaining 0.02 percent to 2,017.83. Leading and Lagging Sectors In trading on Tuesday, technology shares climbed by 0.06 percent. Top gainers in the...
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Benzinga's Volume Movers
Tuesday, October 13, 2015 - 9:25am | 207Wausau Paper Corp. (NYSE: WPP) shares climbed 38.48 percent to $10.10. The volume of Wausau Paper shares traded was 45235 percent higher than normal. Wausau Paper agreed to be acquired by SCA for $10.25 per share. NewBridge Bancorp (NASDAQ: NBBC) surged 19.05 percent to $10.56. The volume of...
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Stocks Hitting 52-Week Highs
Tuesday, October 13, 2015 - 9:14am | 168Molson Coors Brewing Company (NYSE: TAP) shares gained 12.38 percent reach a new 52-week high of $88.50. SABMiller plc (ADR) (OTC: SBMRY) and Anheuser Busch Inbev SA (ADR) (NYSE: BUD) agreed to a $106 billion merger deal. La-Z-Boy Incorporated (NYSE: LZB) shares gained 0.45 percent to reach...