NYSE Market News

The job report is out and the numbers are not good. The market is acting accordingly and seems to be stuck in the rut. Nasdaq is less than a point up whereas S&P is showing about 4 points gain. Dow Jones Index is about as sluggish as Nasdaq with 1.17 points gain. However, financial stocks […]

Quarterly earnings announcements tend to have big impact on future price movement of the stocks. It is only natural since earnings data shows whether the company is moving on the right track or is getting derailed. Therefore, you should always pay proper attention to latest earnings data and shuffle your portfolio accordingly. Earnings reporting season […]

American International Group (NYSE:AIG) announced today that it is planning to sell up to nearly 25% of its stake in the AIA Group Ltd.  AIG will sell up to $2 billion USD in shares to raise funds for “general corporate purposes.”  Its share price is holding strong above $34.50 per share and could easily reach […]

If you plan to invest in stocks for short term, then it pays to follow bullish stocks. Bullish stocks are those stocks which have broken their usual pattern and are all set to gain considerable price momentum in the short term. However, this strategy poses risk too as you may fall prey to ‘Pump and […]

Morgan Stanley (NYSE:MS) shares rose 1.77% to $15.28 on Wall Street today as news broke about its increased investment in Zhaoheng Hydropower, a Chinese renewable energy-focused power company.  Perhaps Morgan Stanley is trying to find an investment that will draw attention away from its Facebook IPO fiasco. Zhaoheng Hydropower Along with Fountainvest Partners, a Chinese […]

Campbell’s (NYSE:CPB), a member of the S&P 500, released its fourth quarter and full year results this morning, reporting a 27% increase in earnings during the final quarter.  Its share price rose marginally to $36.89 in early trading, continuing its 12% growth for the year.  If the price holds throughout the day, it will be […]

The iconic, former king of American retail has suffered yet another embarrassment as it struggles to reshape itself and survive.  It was announced yesterday that Sears (NASDAQ:SHLD) would be dropped from the S&P 500 as of Tuesday, September 4th. Some Good Things Never Last In the 1960’s Sears was the place America shopped.  Sears had […]

Private equity firm, Carlyle Group has announced that it will be buying DuPont’s (NYSE:DD) DuPont Performance Coatings (D.P.C.) unit for $4.9 billion in cash.

Citigroup Inc. (NYSE:C) will be paying $590 million to settle a lawsuit by its shareholders, who claimed that the bank kept them in dark by not disclosing massive losses arising out of subprime mortgage assets before the baking crisis erupted.

The Hertz Global Holdings car rental group’s (NYSE:HTZ) acquisition of the Dollar Thrifty Group (NYSE:DTG) has the potential to shake up the US car rental business with its underlying strategy, if it gains regulatory approval and if it can manage its debt load.  DTG shares rose 7.5% to $87.08 yesterday setting a new five-year high […]