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Markets struggled for direction on Friday with few inputs from the news desk, but the prospect of a Greek deal next week enabled benchmarks to extend their gains to the highest levels this year. Cross-Atlantic developments had guided the markets on most of the days the week, while robust economic data single-handedly boosted the markets [...]
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Markets recouped initial losses of and made a strong comeback after the Federal Reserve provided assurances that it would keep interest rates near zero until late 2014.The Dow hit its highest levels since May last year, while a robust earnings report from Apple propelled Nasdaq to a finish in the green. The Dow Jones Industrial [...]

(AA) Stock Market News for January 26, 2012 – Market News

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Signs of a resolution to the lingering European debt crisis in the offing and a positive consumer data on the domestic front boosted the benchmarks on Friday. Thus, the markets elongated its weekly gains to the second-straight week and the S&P 500 recorded its longest stretch of weekly gains since October. The Dow Jones Industrial [...]

(EU) Stock Market News for December 12, 2011 – Market News

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•    Smithfield Foods (NYSE:SFD) posted Q1 EPS of .69, surpassing the Zacks Consensus Estimate of .68 per share. Revenues for the quarter rose 6.6% year-over-year to .09 billion •    PerkinElmer, Inc. (NYSE:PKI) said it will acquire Caliper Life Sciences Inc. (NASDAQ:CALP) in a deal worth about 0 million. Following this development, shares of the genomic-detection [...]

(ACHN) Company News for September 9, 2011 – Corporate Summary

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Wall Street registered its first weekly gains in more than a month as the Fed Chairman’s speech sparked hopes of economic stimulus and assured investors that the US is well on course for long-term economic growth. The tech sector helped push the markets higher on Friday, enabling the markets to post its best weekly gains [...]

(GDP) Stock Market News for August 29, 2011 – Market News

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Markets enjoyed substantive gains as debt related negotiations progressed on either side of the Atlantic, boosting investor sentiment. The Dow fell shy of its best intra-day rally of this year amid positive manufacturing data from the U.S. mid-Atlantic region and stellar corporate results. The Dow Jones Industrial Average (DJIA) gained 152 points or 1.2% to [...]

(BAC) Stock Market News for July 22, 2011 – Market News

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• FedEx (NYSE:FDX) reported Q3 EPS of .81, slightly lower than the Zacks Consensus Estimate of .82 per share • Stifel Nicolaus upgraded Akamai Technologies Inc. (NYSE:AKAM) from “Hold” to “Buy” rating • Motorola Mobility Holdings Inc.’s (NYSE:MMI) reported its plans to trim prices on its “Wi-Fi only” version of its Xoom tablet • United Community Bank Inc.’s (NASDAQ:UCBI) [...]

(AAPL) Company News for March 18, 2011 – Corporate Summary

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• Weatherford International (NYSE:WFT) shares dropped 2.79% to close at .88 after the company said disruptions in the Middle East and North Africa along with weather-related issues have forced it to cut Q1 earnings projections • Deutsche Bank upgraded BB&T Corporation (NYSE:BBT) from “Hold” to “Buy” rating with a target price of • Brokerage firm Robert W. [...]

(AAPL) Company News for March 17, 2011 – Corporate Summary

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On Thursday, a late day rally helped the market to close almost flat following Egyptian President Hosni Mubarak’s speech. Though the President said he was not resigning, Mubarak will delegate powers to the Vice President. Earlier in the day markets fell after network equipment maker Cisco (NASDAQ:CSCO) projected a weak outlook. The Dow Jones Industrial [...]

(AKAM) Stock Market News for February 11, 2011 – Market News

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