May 19, 2012

Business News

Business News

  • Sat, 19 May 2012 00:40:12 +0000: Analyst Moves: CP, MS - Business
    Canadian Pacific (CP) was upgraded today by Citigroup (C) from neutral to buy with a price target of $90, as the end of the proxy battle should mark a turnaround at the company. Shares are lower by about 2.4 percent.
  • Sat, 19 May 2012 00:22:12 +0000: Daily Dividend Report: LO, HD, TWC. APD, HPQ - Business
    Lorillard Incorporated (LO) maintained its quarterly dividend of 1 dollar and 55 cents per share. The dividend is payable on June 11, 2012 to stockholders of record as of June 1, 2012.
  • Sat, 19 May 2012 00:07:12 +0000: Friday 5/18 Insider Buying Report: MTH, IBM - Business
    As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
  • Fri, 18 May 2012 23:32:36 +0000: Facebook closes just above $38 IPO price - Business
    Facebook CEO and founder Mark Zuckerberg took the company public on Friday but the stock price closed just barely above its IPO price as stock markets closed
  • Fri, 18 May 2012 23:18:12 +0000: Europe's debt crisis could last 2 years, minister says - Business
    Former U.S. Ambassador to Greece Daniel Speckhard talks about the country's debt problems
  • Fri, 18 May 2012 22:57:12 +0000: Facebook in historic, yet messy debut - Business
    Facebook closed its debut in a lackluster fashion, finishing near its initial public offering price amid technical glitches. Analysts reflect on investor interest, target prices and whether the IPO lived up to the hype.
  • Fri, 18 May 2012 22:37:12 +0000: Facebook fails to stop Wall St. slump - Business
    A sloppy market debut for Facebook, following the biggest initial public offering from a U.S. tech company, added to Friday's downbeat tone with investors already worried about Europe.
  • Fri, 18 May 2012 21:27:13 +0000: Friday Sector Leaders: Precious Metals, Apparel Stores - Business
    In trading on Friday, precious metals shares were relative leaders, up on the day by about 3.1%. Leading the group were shares of Golden Minerals (AUMN), up about 14.4% and shares of Lake Shore Gold (LSG) up about 9% on the day.
  • Fri, 18 May 2012 21:08:12 +0000: Friday 5/18 Insider Buying Report: HES, Y - Business
    As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
  • Fri, 18 May 2012 20:43:11 +0000: Footwear Earnings: FL, BW - Business
    Foot Locker (FL) announced that it earned $128 million, or 83 cents per share, up from $94 million, or 60 cents per share, in the same period last year. Revenue increased by 8.7 percent to $1.58 billion from $1.45 billion.

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