Home » Archive for June, 2013

Image for Stocks Get Mixed Results as Quarter Ends

Stocks Get Mixed Results as Quarter Ends

Stocks got volatile results Friday and got mixed results as investors got a breather after the Dow Jones industrial average got its first three day winning streak since late April. It closed down 114.89 points to 14,909.60 after getting... More of this article »
Image for Wall Street Stocks End Strong First Six Months of 2013

Wall Street Stocks End Strong First Six Months of 2013

The S&P 500 Index recorded its best first six months of a year in the past 15 years, as stocks in the U.S. closed a strong first half of 2013, despite suffering losses in June driven by investor worry of monetary tightening by... More of this article »
Image for Results by BlackBerry not enough, Stock Drops

Results by BlackBerry not enough, Stock Drops

BlackBerry no longer can use the excuse of being in a “transitional quarter,” but that does not mean their fiscal year has started on the right foot. The struggling maker of smartphones saw its stock shares slump over 17% during... More of this article »
Image for Strike by Portuguese Workers over Austerity Measures

Strike by Portuguese Workers over Austerity Measures

Public transportation services were frozen and hospital staffs shrunk across Portugal Thursday amidst a nationwide strike due to the growing consensus amongst business and workers that austerity measures had reached their limit. Strikes... More of this article »
Image for Nook Not Doing Well for Barnes & Noble

Nook Not Doing Well for Barnes & Noble

Barnes & Noble products that have virtual pages and power buttons for reading have become horror stories for the company. The demand for the company’s Nook is quickly disappearing and the company, based in New York just posted... More of this article »
Image for Hospital Chain Tenet Acquires Vanguard Health

Hospital Chain Tenet Acquires Vanguard Health

Tenet Healthcare, a US hospital operator, announced that it will acquire its rival Vanguard Health Systems for $1.73 billion. It would give it a better position to benefit from President Barack Obama’s healthcare reform. Investors... More of this article »
Image for Tenet Acquiring Vanguard Health in Deal for $1.8 Billion

Tenet Acquiring Vanguard Health in Deal for $1.8 Billion

Vanguard Health Systems, a hospital operator, will be acquired by Tenet Healthcare Corp, for an estimated $1.8 billion so Tenet can expand into more hospitals in Texas. The deal will have Tenet paying $21 per share, said the companies... More of this article »
Image for Apple CEO Stock Award Tied to Performance of the Shares

Apple CEO Stock Award Tied to Performance of the Shares

Apple Chief Executive Tim Cook will have to work hard to keep the value of the company from declining. His stock award worth more than $413 million is now subject to the performance of the shares. This was the result of the discussions... More of this article »
Image for Darden’s Boost Revenue and Dividend, but Profit Misses

Darden’s Boost Revenue and Dividend, but Profit Misses

Darden’s Restaurants Inc on Friday reported its profits for the fiscal fourth quarter. The profits were lower than last year, despite revenue improving in its entire range of restaurants. The lower profits reflect higher costs as... More of this article »
Image for UK Commission Orders Google to Delete Street View Data

UK Commission Orders Google to Delete Street View Data

Google, the Internet search and map giant, is facing criminal charge if it fails to destroy all the payload data it gathered through Wi-Fi on its Street View vehicles. The search giant has 35 days to delete the information. The Information... More of this article »
Image for Google Wants Gag Order Lifted Regarding Internet Surveillance Program

Google Wants Gag Order Lifted Regarding Internet Surveillance Program

Google asked the federal government to lift the gag order regarding its Internet surveillance program. The online search giant cited the First Amendment right to inform the public about the number of requests it gets from the government... More of this article »
Image for Economy Firming Indicates Inflation Data

Economy Firming Indicates Inflation Data

In May, consumer prices increased and a gauge for underlying pressures on prices showed it was stabilizing after a long period of decline, which is a potential comfort to policymakers in the Federal Reserve who want to see a stronger... More of this article »
Image for Wholesale Prices Up in May

Wholesale Prices Up in May

An increase in gas and food costs led to the rise in the measure of wholesale prices in May. Inflation was mild outside the volatile categories. The Labor Department said that the producer price index went up0.5 percent in May from... More of this article »
Image for Export Permit Delays, Cost Gas Companies Millions

Export Permit Delays, Cost Gas Companies Millions

Rex Tillerson, the chief at Exxon Mobil said that delays in getting permits for natural gas exports approved has cost and is costing companies in the U.S. millions of dollars each day. He also said that rival foreign companies are... More of this article »
Image for BHP Billiton Limited Given “Buy” Rating at UBS AG (BHP)

BHP Billiton Limited Given “Buy” Rating at UBS AG (BHP)

BHP Billiton Limited (ASX: BHP)‘s stock had its “buy” rating reiterated by investment analysts at UBS AG in a note issued to investors on Friday, Stock Ratings Network.com reports. Shares of BHP Billiton Limited (ASX:... More of this article »
Image for Fairfax Media Limited Stock Rating Reaffirmed by JPMorgan Chase (FXJ)

Fairfax Media Limited Stock Rating Reaffirmed by JPMorgan Chase (FXJ)

Fairfax Media Limited (ASX: FXJ)‘s stock had its “underweight” rating reiterated by equities research analysts at JPMorgan Chase in a research note issued to investors on Friday, StockRatingsNetwork reports. Shares... More of this article »
Image for GPT Group Coverage Initiated at Bank of America (GPT)

GPT Group Coverage Initiated at Bank of America (GPT)

Analysts at Bank of America began coverage on shares of GPT Group (ASX: GPT) in a research report issued to clients and investors on Friday, Analyst Ratings Network.com reports. The firm set a “neutral” rating on the stock. GPT... More of this article »
Image for Gindalbie Metals Receives Neutral Rating from UBS AG (GBG)

Gindalbie Metals Receives Neutral Rating from UBS AG (GBG)

Gindalbie Metals (ASX: GBG)‘s stock had its “neutral” rating reiterated by stock analysts at UBS AG in a report issued on Friday, Analyst Ratings Network reports. Shares of Gindalbie Metals (ASX: GBG) remained flat... More of this article »
Image for Automotive Holdings Group Limited Stock Rating Reaffirmed by Credit Suisse (AHE)

Automotive Holdings Group Limited Stock Rating Reaffirmed by Credit Suisse (AHE)

Automotive Holdings Group Limited (ASX: AHE)‘s stock had its “neutral” rating reaffirmed by investment analysts at Credit Suisse in a note issued to investors on Friday, Stock Ratings Network.com reports. Automotive... More of this article »
Image for Cabcharge Australia Limited Receives Sell Rating from Goldman Sachs (CAB)

Cabcharge Australia Limited Receives Sell Rating from Goldman Sachs (CAB)

Cabcharge Australia Limited (ASX: CAB)‘s stock had its “sell” rating reiterated by equities researchers at Goldman Sachs in a research report issued on Friday, ARN reports. Cabcharge Australia Limited (ASX: CAB) traded... More of this article »
Image for Flight Centre Limited Upgraded to Outperform by Credit Suisse (FLT)

Flight Centre Limited Upgraded to Outperform by Credit Suisse (FLT)

Flight Centre Limited (ASX: FLT) was upgraded by research analysts at Credit Suisse from a “neutral” rating to an “outperform” rating in a report released on Friday, StockRatingsNetwork reports. Flight Centre... More of this article »
Image for Breville Group Ltd Now Covered by Analysts at JPMorgan Chase (BRG)

Breville Group Ltd Now Covered by Analysts at JPMorgan Chase (BRG)

Analysts at JPMorgan Chase began coverage on shares of Breville Group Ltd (ASX: BRG) in a research report issued to clients and investors on Friday, ARN reports. The firm set an “overweight” rating on the stock. Shares... More of this article »
Image for Prices in U.S. rise as Gasoline Jumps

Prices in U.S. rise as Gasoline Jumps

U.S. producer prices increased more than was expected during May as the price of gasoline rebounded. However, pressure of underlying inflation remained muted, that could help to argue against a scaling back in monetary stimulus be... More of this article »
Image for Armour Residential Plans Monthly Dividend of $0.07 (ARR)

Armour Residential Plans Monthly Dividend of $0.07 (ARR)

Armour Residential (NYSE:ARR) announced a monthly dividend on Friday, June 14th, Stock Ratings Network.com reports. Stockholders of record on Monday, September 16th will be paid a dividend of $0.07 per share on Friday, September 27th.... More of this article »
Image for Roche Holding Given Reduce Rating at AlphaValue (ROG)

Roche Holding Given Reduce Rating at AlphaValue (ROG)

Roche Holding (VTX: ROG)‘s stock had its “reduce” rating restated by investment analysts at AlphaValue in a note issued to investors on Thursday, Stock Ratings Network reports. They currently have a CHF 237 price... More of this article »
Image for Banco Comercial Portugues SA Rating Increased to Buy at AlphaValue (BCP)

Banco Comercial Portugues SA Rating Increased to Buy at AlphaValue (BCP)

Banco Comercial Portugues SA (ELI: BCP) was upgraded by analysts at AlphaValue to a “buy” rating in a research report issued to clients and investors on Thursday, AnalystRatings.Net reports. The firm currently has a €0.12... More of this article »
Image for ThyssenKrupp AG’s “Sell” Rating Reaffirmed at AlphaValue (TKA)

ThyssenKrupp AG’s “Sell” Rating Reaffirmed at AlphaValue (TKA)

ThyssenKrupp AG (FRA: TKA)‘s stock had its “sell” rating restated by AlphaValue in a research note issued on Thursday, Stock Ratings Network.com reports. They currently have a €8.49 ($11.03) price objective on... More of this article »
Image for AlphaValue Reiterates “Reduce” Rating for Jeronimo Martins SGPS SA (JMT)

AlphaValue Reiterates “Reduce” Rating for Jeronimo Martins SGPS SA (JMT)

Jeronimo Martins SGPS SA (ELI: JMT)‘s stock had its “reduce” rating restated by AlphaValue in a research note issued on Thursday, StockRatingsNetwork reports. They currently have a €16.90 ($21.95) target price... More of this article »
Image for Deutsche Bank AG Rating Reiterated by Bankhaus Lampe (DBK)

Deutsche Bank AG Rating Reiterated by Bankhaus Lampe (DBK)

Deutsche Bank AG (FRA: DBK)‘s stock had its “buy” rating reaffirmed by equities research analysts at Bankhaus Lampe in a research note issued to investors on Thursday, StockRatingsNetwork reports. They currently have... More of this article »
Image for Inditex SA Rating Reiterated by Grupo Santander (ITX)

Inditex SA Rating Reiterated by Grupo Santander (ITX)

Grupo Santander restated their buy rating on shares of Inditex SA (MCE: ITX) in a report issued on Wednesday, StockRatingsNetwork reports. They currently have a €120.00 ($155.84) target price on the stock. Other equities research... More of this article »
Image for General Electric (GE) Declares Quarterly Dividend of $0.19

General Electric (GE) Declares Quarterly Dividend of $0.19

General Electric (NYSE:GE) declared a quarterly dividend on Friday, June 14th, AnalystRatings.Net reports. Shareholders of record on Monday, June 24th will be given a dividend of $0.19 per share on Thursday, July 25th. This represents... More of this article »
Image for Groupe Danone SA Stock Rating Reaffirmed by BNP Paribas (BN)

Groupe Danone SA Stock Rating Reaffirmed by BNP Paribas (BN)

Groupe Danone SA (EPA: BN)‘s stock had its “outperform” rating reiterated by stock analysts at BNP Paribas in a report issued on Thursday, Analyst Ratings Network reports. They currently have a €70.00 ($90.91)... More of this article »
Image for Bouygues SA Receives Buy Rating from AlphaValue (EN)

Bouygues SA Receives Buy Rating from AlphaValue (EN)

Bouygues SA (EPA: EN)‘s stock had its “buy” rating restated by equities researchers at AlphaValue in a research report issued on Thursday, Stock Ratings Network.com reports. They currently have a €29.60 ($38.44)... More of this article »
Image for Swedish Match AB Stock Rating Reaffirmed by DNB Markets (SWMA)

Swedish Match AB Stock Rating Reaffirmed by DNB Markets (SWMA)

Swedish Match AB (STO: SWMA)‘s stock had its “buy” rating restated by investment analysts at DNB Markets in a note issued to investors on Thursday, StockRatingsNetwork reports. They currently have a SEK 290 price... More of this article »
Image for Oracle Corp. Receives “Neutral” Rating from Wedbush (ORCL)

Oracle Corp. Receives “Neutral” Rating from Wedbush (ORCL)

Oracle Corp. (NASDAQ: ORCL)‘s stock had its “neutral” rating restated by Wedbush in a research note issued on Friday, StockRatingsNetwork reports. They currently have a $36.00 target price on the stock. Wedbush’s... More of this article »
Image for Iberdrola SA Receives “Underperform” Rating from BNP Paribas (IBE)

Iberdrola SA Receives “Underperform” Rating from BNP Paribas (IBE)

Iberdrola SA (MCE: IBE)‘s stock had its “underperform” rating restated by investment analysts at BNP Paribas in a note issued to investors on Thursday, ARN reports. They currently have a €3.80 ($4.94) target... More of this article »
Image for Vivendi SA Receives “Neutral” Rating from BNP Paribas (VIV)

Vivendi SA Receives “Neutral” Rating from BNP Paribas (VIV)

Vivendi SA (EPA: VIV)‘s stock had its “neutral” rating reiterated by BNP Paribas in a research note issued on Friday, StockRatingsNetwork reports. They currently have a €17.50 ($22.73) target price on the stock. VIV... More of this article »
Image for AlphaValue Reiterates Reduce Rating for Siemens AG (SIE)

AlphaValue Reiterates Reduce Rating for Siemens AG (SIE)

Siemens AG (FRA: SIE)‘s stock had its “reduce” rating reaffirmed by AlphaValue in a research note issued on Thursday, Analyst Ratings.Net reports. They currently have a €82.80 ($107.53) target price on the stock. Siemens... More of this article »
Image for American Airlines to add more Seating

American Airlines to add more Seating

American Airlines made an announcement on Thursday that it will add more seating in jets that are narrow body. The U.S. based airline said it is putting the additional seats into its coach sections on a certain number of aircraft. The... More of this article »
Image for Deutsche Lufthansa AG’s “Sell” Rating Reaffirmed at AlphaValue (LHA)

Deutsche Lufthansa AG’s “Sell” Rating Reaffirmed at AlphaValue (LHA)

Deutsche Lufthansa AG (ETR: LHA)‘s stock had its “sell” rating restated by equities research analysts at AlphaValue in a research note issued to investors on Thursday, Analyst Ratings Network.com reports. They currently... More of this article »
Image for Nordea Bank AB Receives “Outperform” Rating from Keefe, Bruyette & Woods (NDA-SEK)

Nordea Bank AB Receives “Outperform” Rating from Keefe, Bruyette & Woods (NDA-SEK)

Nordea Bank AB (STO: NDA-SEK)‘s stock had its “outperform” rating restated by equities research analysts at Keefe, Bruyette & Woods in a research note issued to investors on Friday, AnalystRatingsNetwork reports.... More of this article »
Image for Indra Sistemas SA Stock Rating Reaffirmed by AlphaValue (IDR)

Indra Sistemas SA Stock Rating Reaffirmed by AlphaValue (IDR)

Indra Sistemas SA (MCE: IDR)‘s stock had its “buy” rating restated by investment analysts at AlphaValue in a note issued to investors on Thursday, StockRatingsNetwork.com reports. They currently have a €13.10... More of this article »
Image for Grupo Santander Reiterates Hold Rating for E.ON AG (EOAN)

Grupo Santander Reiterates Hold Rating for E.ON AG (EOAN)

E.ON AG (FRA: EOAN)‘s stock had its “hold” rating restated by Grupo Santander in a research note issued on Friday, AnalystRatingsNetwork reports. They currently have a €13.22 ($17.17) price target on the stock. A... More of this article »
Image for Mediaset SpA Upgraded to Hold by Banca IMI (MS)

Mediaset SpA Upgraded to Hold by Banca IMI (MS)

Banca IMI upgraded shares of Mediaset SpA (BIT: MS) to a hold rating in a research note issued to investors on Wednesday, Analyst Ratings Network reports. The firm currently has €2.22 ($2.88) price target on the stock. A number... More of this article »
Image for LaSalle Hotel Properties (LHO) Plans Quarterly Dividend of $0.20

LaSalle Hotel Properties (LHO) Plans Quarterly Dividend of $0.20

LaSalle Hotel Properties (NYSE:LHO) declared a quarterly dividend on Friday, June 14th, StockRatingsNetwork.com reports. Stockholders of record on Friday, June 28th will be given a dividend of $0.20 per share on Monday, July 15th.... More of this article »
Image for Suez Environnement Company Given Outperform Rating at BNP Paribas (SZ1)

Suez Environnement Company Given Outperform Rating at BNP Paribas (SZ1)

Suez Environnement Company (EU: SZ1)‘s stock had its “outperform” rating reiterated by stock analysts at BNP Paribas in a report issued on Thursday, AnalystRatingsNetwork.com reports. They currently have a €11.50... More of this article »
Image for Air Liquide SA Receives Accumulate Rating from CIC Securities (AI)

Air Liquide SA Receives Accumulate Rating from CIC Securities (AI)

Air Liquide SA (EPA: AI)‘s stock had its “accumulate” rating reiterated by analysts at CIC Securities in a research report issued to clients and investors on Thursday, StockRatingsNetwork.com reports. They currently... More of this article »
Image for Tecnicas Reunidas SA Given “Accumulate” Rating at Bankia Bolsa (TRE)

Tecnicas Reunidas SA Given “Accumulate” Rating at Bankia Bolsa (TRE)

Bankia Bolsa reaffirmed their accumulate rating on shares of Tecnicas Reunidas SA (MCE: TRE) in a research note issued to investors on Wednesday, Stock Ratings Network reports. The firm currently has a €44.00 ($57.14) price target... More of this article »
Image for Allianz SE Receives “Buy” Rating from DZ Bank AG (ALV)

Allianz SE Receives “Buy” Rating from DZ Bank AG (ALV)

Allianz SE (FRA: ALV)‘s stock had its “buy” rating reiterated by stock analysts at DZ Bank AG in a report issued on Thursday, Stock Ratings Network.com reports. They currently have a €134.00 ($174.03) price target... More of this article »
Image for L’Oreal SA Rating Reiterated by Independent Research GmbH (OR)

L’Oreal SA Rating Reiterated by Independent Research GmbH (OR)

Independent Research GmbH reaffirmed their hold rating on shares of L’Oreal SA (EPA: OR) in a research note issued to investors on Wednesday, AnalystRatingsNetwork reports. The firm currently has a €135.00 ($175.32) price... More of this article »