Stock Market News
- Zillow to go public at $20 a share Tuesday, July 19, 2011 @ 6:30PMIf Zillow Inc. were a three-bedroom Colonial on a cul-de-sac, how much would it be worth? The online real-estate and home-valuation firm offered its estimate of itself late Tuesday, pricing its initial public stock offering at $20 per share, thus...
- Seattle-based Zillow to sell shares for $20 apiece Tuesday, July 19, 2011 @ 6:26PMNEW YORK (AP) — Real estate listing and information service Zillow Inc. will sell shares for $20 apiece in its initial public offering Wednesday.
- Ethanol Surplus, General Mills Starves Tuesday, July 19, 2011 @ 6:25PMGeneral Mills Inc. has held the government ethanol subsidy program responsible for shooting up corn prices.
- Wall St up on profits, US deficit talk progress Tuesday, July 19, 2011 @ 6:24PMUS stocks recorded their best day since March on Tuesday after strong corporate results and renewed hope for an agreement in Washington on thorny budget issues boosted investor confidence.
- RIM shares drop slightly after report it plans to ditch Wi-Fi- PlayBook Tuesday, July 19, 2011 @ 9:54AMTORONTO - Shares of Research In Motion (TSX:RIM) are down slightly as the company denies reports it planned to halt production on the Wi-Fi version of its PlayBook tablet device.
- Best investment deals - 4 expert picks Tuesday, July 19, 2011 @ 9:53AMValue investing, whether in real estate, mutual funds or ETFs, is a proven strategy for doing well in any market.
- Bid High For eBay Bounce Tuesday, July 19, 2011 @ 9:51AMeBay, Inc. (EBAY - Analyst Report) recently jumped back within striking distance of its multi-year high on word the Fed was lifting restrictions on debt cars. But the bigger picture looks good too, with the next-year estimate projecting 17% growth for this stock.
- Research and Markets: Barwa Real Estate Company Fundamental Company Report - Unique Analysis of the Market and ... Tuesday, July 19, 2011 @ 9:50AMResearch and Markets has announced the addition of the "Barwa Real Estate Company Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis" company profile to their offering.
- Research and Markets: Club Mediterranee Fundamental Company Report - Indispensible Annual Profitability Data Will ... Tuesday, July 19, 2011 @ 9:50AMResearch and Markets has announced the addition of the "Club Mediterranee Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis" company profile to their offering.
- Bank of America Reports Second-Quarter 2011 Financial Results Tuesday, July 19, 2011 @ 9:47AMSecond-Quarter Loss of $0.90 per Share, in Line With Previous EstimatesExcluding Certain Mortgage-Re...
- Debt worries drag down the stock market Monday, July 18, 2011 @ 4:19PMNot even a string of better earnings reports could stave off worries about debt on Monday.
- UPDATE 1-TRADE IDEA-JPMorgan: Buy Apple calls before earnings Monday, July 18, 2011 @ 4:18PM* Apple to report quarterly earnings Tuesday, July 19, after bell * Options market implying 2 pct earnings move for stock * Stock has moved 4.5 pct over past 10 quarters * J.P.Morgan sets December 2012 ...
- IBM Sales Beat Estimates as Companies Spend More on Software Monday, July 18, 2011 @ 4:17PMInternational Business Machines Corp., the world’s biggest computer-services company, reported revenue that beat analysts’ estimates and boosted its full-year profit forecast as companies bought more software and equipment.
- Greek debt fears causes shares to dip at Big Four banks as despite passing EU stress test Monday, July 18, 2011 @ 4:17PMShares in Barclays, HSBC, Lloyds Banking and Royal Bank of Scotland all fell as analysts said the tests did not take into account the full likelihood of a Greek debt default.
- Allstate, Netflix, WebMD are big market movers Monday, July 18, 2011 @ 4:17PMNEW YORK—Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Allstate Corp.
- Apple shares hit new all-time intraday, closing highs Monday, July 18, 2011 @ 4:14PMApple Inc. shares today rose $8.88, or 2.43%, in NASDAQ trading...
- Australian dairies eyeing Indian market Monday, July 18, 2011 @ 1:52AMAustralian milk processing companies could earn handsome profits by marketing their products in India, which is said to be facing shortages of up to three million tonnes a year.
- Raven Russia Ltd - Trading Statement Monday, July 18, 2011 @ 1:52AMRaven Russia Ltd - Trading Statement
- MHP S.A. - Pre-close trading update for Q2/H1 2011 Monday, July 18, 2011 @ 1:52AMMHP S.A. - Pre-close trading update for Q2/H1 2011
- Brent crude drops on euro debt worries Monday, July 18, 2011 @ 1:50AMBrent crude has fallen to USD 117 a barrel this morning as the ongoing debt crises in Europe and the United States keep skittish investors away from risky assets, while the possibility of a second IEA oil release also weighed on sentiment.
- NewRiver Retail Ltd - AGM Statement Monday, July 18, 2011 @ 1:47AMNewRiver Retail Ltd - AGM Statement
- BSP backs merger of PSE, PDEX Sunday, July 17, 2011 @ 6:34PMCEBU CITY, Philippines - The Bangko Sentral ng Pilipinas (BSP) is supporting the proposed unification of the country’s stock and bond markets that could enhance liquidity in the financial market.
- Hot summer fails to fuel recovery in natural gas prices Sunday, July 17, 2011 @ 6:28PMWhile many producers continue to struggle, investors face a ‘serious test of patience’
- Kitsap Bank raises capital for possible acquisitions Sunday, July 17, 2011 @ 6:23PMIn a rare move, the Port Orchard-based bank sells shares to raise $12.4 million.
- Berlusconi to court attention as markets judge austerity plan Sunday, July 17, 2011 @ 6:14PMALL EYES will be on Italy’s business capital Milan this morning, for more than one reason. Politicians and market analysts alike will be watching Milan’s stock exchange closely in the expectation that the extraordinary alacrity with which both houses of parliament approved a €48 billion austerity package in eight hours last Thursday and Friday has reassured bond and equity markets.
- Bill Jamieson: Relaxation may be hard to find this summer for fund managers Sunday, July 17, 2011 @ 6:07PMLONG gone are the days when fund managers could take carefree summer holidays in a slow patch for news.
- Clean Energy: $150M Is ‘Game Changer’ Sunday, July 17, 2011 @ 1:51PMClean Energy Fuels says a recent $150 million investment is a game changer
- THIS WEEK: July 22 to 31 Sunday, July 17, 2011 @ 1:43PMTODAY
- Google CEO adds $1.9 bn in personal wealth Sunday, July 17, 2011 @ 1:40PMGoogle Inc Chief Executive Officer Larry Page added about $1.9 billion in personal wealth today after the company announced second-quarter results that beat analysts’ estimates amid growth under his new leadership.
- FIIs invest Rs 8,000 cr in equities this month Sunday, July 17, 2011 @ 1:38PMOverseas investors poured in nearly Rs 8,000 crore ($2 billion) in the domestic stock and debt markets this month and analysts feel the positive trend will continue in the coming months as well.
- Validus gains reputation for stirring up M&A deals Sunday, July 17, 2011 @ 1:26PMPEMBROKE, Bermuda—Bermuda reinsurer Validus Holdings Ltd. has a history of making unsolicited offers amid other merger talks.
- Improving house sales point to NZ recovery Sunday, July 17, 2011 @ 1:14PMNational house sale prices jumped $10,000 last month, pushing up the median and leading economists to conclude a recovery is well under way.Following strong figures from QV this month, new Real Estate Institute figures show the...
- SECOND MIRACLE OF THE LOAVES AND FISHES — ZYUZIN PUTS HIS RECORD ON LINE FOR ANOTHER IPO Sunday, July 17, 2011 @ 1:14PMNot since the Biblical one – 5 (loaves) x 2 (fish) ÷ 5,000 (mouths) — has the division of assets proved to generate a value multiplier like the one Igor Zyuzin, owner of the Mechel steel and mining group is trying to pull off.
- 18. Background facts Friday, July 15, 2011 @ 7:47PMThe Sapura Group was established in 1975, growing from a telecommunications infrastructure and service provider, to operating in several areas which include oil and gas, secured technologies, industrial and automotive manufacturing and knowledge and education.
- 6. Towards quality undergraduate education Friday, July 15, 2011 @ 7:45PMLin See-Yan says Malaysia needs to solve the problem of poor quality of graduates to help it attain high-income status.
- Dow Jones CEO Steps Down Amid Hacking Fallout Friday, July 15, 2011 @ 7:43PMNews Corp. (NWSA) ’s phone-hacking crisis claimed two top newspaper executives as Chief Executive Officer Rupert Murdoch defended his handling of the scandal and the FBI began a U.S. probe of the company.
- Return to normal? Friday, July 15, 2011 @ 7:42PMThe overwhelming majority (85 percent) of wealthy individuals in a recent survey say returns on their investments in 2010 met or exceeded their expectations and they expect long-term returns of 8 percent in 2011.
- What goes up stays up – for now Friday, July 15, 2011 @ 7:40PMRocketing house prices have moved private property ownership out of reach of most fresh graduates setting out in life, and are an obstacle to young couples getting married or raising children.
- Stocks narrowly miss having worst week in a year Friday, July 15, 2011 @ 7:32PMNEW YORK - A late rally Friday prevented the stock market from having its worst week in nearly a year.
- ADTRAN Inc. (ADTN) Fell To A 6-Month Low After Q2 Report Thursday, July 14, 2011 @ 7:27AMADTRAN Inc. (ADTN) reported second quarter net income of $0.56 per share after the close Tuesday, up from $0.44 per share last year. The consensus estimate was for EPS of $0.53.
- Netflix Inc. (NFLX) Jumped To A New High Following Changes Thursday, July 14, 2011 @ 7:26AMNetflix Inc. (NFLX) announced Tuesday that it is separating its unlimited streaming and unlimited DVD plans in the U.S. Members will now have the choice of a streaming-only plan, a DVD-only plan or the option to subscribe to both.
- The GEO Group Announces $100 Million Stock Repurchase Program Thursday, July 14, 2011 @ 7:26AMThe GEO Group (NYSE:GEO) ("GEO) announced today that its Board of Directors has approved a stock repurchase program of up to $100.0 million of ...
- No World Borders Partners with Multi-Billion Dollar Company Software AG Thursday, July 14, 2011 @ 7:24AMNEWPORT BEACH, Calif.--(BUSINESS WIRE)--No World Borders, Inc., announced that it partnered with Software AG, a global company traded on the Frankfurt stock exchange with over $2.6 billion, for health care services, free whitepaper.
- Motorola Solutions Expands Global Services Thursday, July 14, 2011 @ 7:24AMSINGAPORE--(BUSINESS WIRE)--Motorola Solutions announced it is expanding its current services offering to help enterprises and government agencies maximize the benefits of their business- and mission-critical communication asset
- Broker tips: BSkyB, Burberry, Lloyds Thursday, July 14, 2011 @ 7:23AMLONDON (SHARECAST) - In a statement of the blindingly obvious, Panmure Gordon says that the probability of a successful takeover by Rupert Murdoch’s News Corporation of the satellite broadcaster BSkyB has been reduced to zero.
- SCVBank Reports Continued Profitability in Second Quarter Wednesday, July 13, 2011 @ 9:54PMSANTA PAULA, Calif.--(BUSINESS WIRE)--Santa Clara Valley Bank (SCVBank) (OTCBB:SCVE) today announced its 2011 second quarter and year-to-date financial results. SCVBank recorded a net profit of $113,000 for the second quarter of 2011, compared to a profit of $33,000 experienced a year earlier. For the six months ending June 30, 2011, the Bank experienced a $244,000 operating profit, which ...
- Market lower mid-session, retailers weigh Wednesday, July 13, 2011 @ 9:51PMA significantly wounded retail sector continued to bleed the Australian sharemarket into the red mid-session.
- Australian stocks down on retailers Wednesday, July 13, 2011 @ 9:48PMA significantly wounded retail sector continued to bleed the Australian share market into the red at noon on Thursday
- Thai Stocks Expected To Open Higher Wednesday, July 13, 2011 @ 9:46PMThe Thai stock market on Wednesday snapped the two-day losing streak in which it had given away more than 25 points or 2.4 percent. The Stock Exchange of Thailand finished just below the 1,080-point plateau, and now traders are anticipating continued support at the opening of trade on Thursday.
- Wounded retail pushes market down Wednesday, July 13, 2011 @ 9:43PMA SIGNIFICANTLY wounded retail sector continued to bleed the Australian share market into the red at noon today.
