Dec 17 2012 @ 08:16
Hard times for big banks. In the US they are making a last minute push to ease the new global liquidity requirements, that would force them to come up with an additional $800bn in easy-to-sell assets under the proposed standards. On the other hand, UK banks are facing the threat of a break-up if they […]
Dec 15 2012 @ 07:28
An email was sent out by a leading financial websites group to its readers on Friday with the headline : “The one stock to own before the New Year.” I do not know where to begin with this shocking tale but if you bought that stock (and it is clear some folks did) you need […]
Dec 14 2012 @ 13:11
Evolution Petroleum Corp. (
AMEX:EPM): The stock saw purchase interest from Lovoi John, the company’s 10 percent owner. Lovoi bought 165,000 shares for $1.306 million at the rate of $7.92 apiece.
Dec 13 2012 @ 13:04
LB Foster Co. (
NASDAQ:FSTR): The stock zoomed past its previous 52 weeks high of $42.25 and touched $42.51. Its lowest price point for the session stood at $42. LB Foster is currently trading at $42.30, up 0.33 percent from its previous close of $42.16.
Dec 12 2012 @ 13:09
Athenahealth Inc. (
NASDAQ:ATHN): The stock received rated upgrade from Sterne Agee. The stock is now rated Neutral, up from Underperformer. Athenahealth’s price target has also been raised from $48.50 to $72.
Dec 11 2012 @ 14:40
Spectra Energy Corp. (
NYSE:SE): The company announced its plan to purchase Express Platte Pipeline. The deal is expected to be worth $1.25 billion. The amount will be paid in cash and will bring 1700 mile pipeline system under the company’s control.
Dec 11 2012 @ 12:53
Fiscal cliff talks between US President Barack Obama and Republican House speaker John Boehner, have been continuing both sides have said. With the end of year deadline looming, both parties are under pressure to ensure an agreement is reached. Deep spending cuts and tax rises due to take effect on 1 January, threaten to halt […]
Dec 10 2012 @ 13:46
CombiMatrix Corporation (
NASDAQ:CBMX): The company stock is currently trading at $12.19, up 41.74 percent from its previous close. It had opened at $7.73 and has traded in the range of $7.24 and $14.11 in the current trading session.
Dec 10 2012 @ 13:01
The US and UK have issued a joint paper outlining an action plan for struggling banks. The plan hopes to protect the tax payer from costly financial bail outs. The plans would involve the creation of one single regulator, which would be responsible for overseeing the insolvency of a big international bank. The plan was […]
Dec 07 2012 @ 10:58
Aeropostale Inc. (NYSE:ARO): Janney Montgomery Scott downgraded the stock from Buy to Neutral. The company has been receiving downgrades for quite some times as Caris & Co. also downgraded the stock to Above Average. Its earlier rating was at Buy.
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