-
Top 4 Stocks In The Electronic Equipment Industry With The Highest Market Capitalization (HIT, PHG, SNE, PC)
Wednesday, July 7, 2010 - 6:03am | 143Below are the top electronic equipment stocks on the NYSE and the NASDAQ in terms of market capitalization. Hitachi Ltd (NYSE: HIT) has a market capitalization of $170.15 billion. HIT’s trailing-twelve-month revenue is $102.11 billion. Koninklijke Philips Electronics (NYSE: PHG) has a market...
-
Turkey - Where East Meets West, and Prospects are Improving
Tuesday, July 6, 2010 - 12:15pm | 2041Last week, we took a drive by of 2 Asian countries whose stock markets were outperforming, India & Indonesia. We also looked at some regional economies in Latin America that were holding up very well - namely, Peru & Chile. (Brazil goes without saying) Today, we'll look at a country...
-
MDR Moves Up On Spin-Off Approval
Tuesday, July 6, 2010 - 11:31am | 137Shares of McDermott International Inc (NYSE: MDR) have jumped after the company approved the spin-off of Babcock & Wilcox Co. The board of McDermott International Inc gave approval for the spin-off of Babcock & Wilcox Co through distribution of the stock to MDR shareholders. The...
-
Stock Market News for July 6, 2010 - Market News
Tuesday, July 6, 2010 - 9:36am | 389A disappointing monthly jobs report sent stocks lower on Friday, with the Dow Jones industrial average recording its seventh straight-session decline. Consumer discretionary and financial shares led the declining issues on recovery-related worries. Although the unemployment rate dipped to 9.5%,...
-
Company News for July 6, 2010 - Corporate Summary
Tuesday, July 6, 2010 - 9:36am | 177• According to a senior UAE source, BP (NYSE:BP) is in talks with a number of Middle East and Asian sovereign wealth funds for support as the company tries to stave off takeover bids • JP Morgan (NYSE:JPM) raised its rating on Goldman Sachs (NYSE:GS) from "neutral" to "overweight," and lowered the...
-
Will Netflix Get Hit by Hulu Plus?
Tuesday, July 6, 2010 - 8:29am | 214NEW YORK (TheStreet) -- Will Hulu's paid subscription service be complementary to Netflix (Nasdaq: NFLX) or become a thorn in its side? Hulu, which is co-owned by General Electric (NYSE: GE), News Corp. and Disney (NYSE: DIS), launched Hulu Plus earlier in the week. The subscription service will...
-
Analysts And Companies May Begin To Cut Q3 Earnings Numbers
Tuesday, July 6, 2010 - 8:23am | 213Second quarter earnings are set, at least for those firms on a calendar year. The period was fairly strong economically, except perhaps for June. That means that some earnings could come in weaker than expected. Companies and securities analysts may also begin slashing their third quarter forecasts...
-
4 Large Cap Stocks To Buy Now
Monday, July 5, 2010 - 5:48am | 383The current market decline has created a great opportunity for value investors. Long term investors do not have to chase speculative growth names because the market has put a lot of large cap U.S. companies on sale. There are a number of household names trading at less than 10 times earnings....
-
4 Large Cap Stocks To Buy Now
Monday, July 5, 2010 - 5:48am | 383The current market decline has created a great opportunity for value investors. Long term investors do not have to chase speculative growth names because the market has put a lot of large cap U.S. companies on sale. There are a number of household names trading at less than 10 times earnings....
-
Top Ten Retailers Most Likely to Go Bankrupt (GAP, RAD, ZLC, VVTV, BGP)
Friday, July 2, 2010 - 3:37pm | 1442Forbes columnist, Asher Hawkins, came out with an interesting article yesterday regarding the top ten companies most reliant on customer spending. These companies are in such financial straights that, if consumers do not continue to spend, they could be forced to shut their doors. While this may...
-
Market Roundup (GOOG, CMCSA, GE)
Friday, July 2, 2010 - 3:16pm | 267Consumer bankruptcy filings in the US rose to 770,117 in the first half of 2010, reflecting 14% year/year growth, according to the American Bankruptcy Institute (ABI). ABI said, “Years of rising consumer debt and low savings rates” are driving totals close to the record levels achieved in 2005. The...
-
Jefferies Expects 3M to Rebound With Economy And More (MMM)
Friday, July 2, 2010 - 8:18am | 963M (NYSE: MMM) hosted analysts this weekend at its Cynthiana, KY plant. 3M is expecting to grow revenues at an 8% CAGR to at least $5 billion by 2014. 3M expects 2Q10 sales to be $6.6-%6.75 billion, above consensus of $6.57 billion, on 16-18% organic volume growth YoY. Jefferies analysts said, "By...
-
Stock Market News for July 1, 2010 - Market News
Thursday, July 1, 2010 - 9:42am | 446The final day of the second quarter witnessed choppy trading and stocks fell sharply, drawing curtains on the worst second quarter since 2002. It was another late-day retreat yesterday as investors tried to balance sentiments between an improved European bank outlook and a weak jobs report. Major...
-
Benzinga’s Top Upgrades (SWHC, PGI, SI, LULU)
Thursday, July 1, 2010 - 8:44am | 144Smith & Wesson Holding Corporation (NASDAQ: SWHC) was upgraded by Merriman from “neutral” to “buy.” SWHC’s shares closed at $4.09 yesterday. Smith & Wesson Holding’s trailing-twelve-month ROE is 36.38%. Morgan Keegan upgraded Premiere Global Services Inc (NYSE: PGI) from “market perform” to...
-
J.P. Morgan Reiterates Neutral Rating On 3M (MMM)
Wednesday, June 30, 2010 - 2:44pm | 132J.P. Morgan analysts released a company note on 3M (NYSE: MMM) today after meeting with management. The company has pre-announced 2Q sales in the range of $6.6-$6.75 billion, which is above Street estimates of $6.56 billion. According to 3M management, business strength remains in both Asian and...