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Current Earnings Season: So Far 73 Of S&P 500 Reported Better-Than-Expected Results – CHK, INTC, BSX

Current Earnings Season: So Far 73 Of S&P 500 Reported Better-Than-Expected Results – CHK, INTC, BSX

August 6, 2012 at 5:15 pm 0 comments

The Standard & Poor’s 500 Index is up today between 1,391.04 and 1,399.54 with technology sector and conglomerates leading the 10 industry groups. Shares of Apple Inc. (NASDAQ:AAPL) continued to gain amid rumor the company may join the Dow, whileRead More

NYSE Euronext (NYSE:NYX) Transfers 680 Companies From Knight Capital Group Inc. (NYSE:KCG) Which Plans To Sell Stake Worth $400 million – KCG, YOKU, BBY

NYSE Euronext (NYSE:NYX) Transfers 680 Companies From Knight Capital Group Inc. (NYSE:KCG) Which Plans To Sell Stake Worth $400 million – KCG, YOKU, BBY

August 6, 2012 at 5:09 pm 0 comments

NYSE Euronext (NYSE:NYX) has momentarily shifted responsibility for 680 companies that Knight Capital Group Inc. (NYSE:KCG) handles as a primary market maker to Getco LLC so the brokerage firm could concentrate on raising its finances after facing a $440 millionRead More

NASDAQ Leads With Facebook Inc (NASDAQ:FB) Trading Higher While Apple Inc. (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) Extends Gains – SIRI, CSCO

NASDAQ Leads With Facebook Inc (NASDAQ:FB) Trading Higher While Apple Inc. (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) Extends Gains – SIRI, CSCO

August 6, 2012 at 4:33 pm 0 comments

The NASDAQ Composite Index (INDEXNASDAQ:.IXIC) is leading today among key indexes as European and IMF inspectors said Greece has shown improvement on its rescue fund program, helping incite stocks to build on gains from the prior session’s rally driven byRead More

Biotech Merger & Acquisition Volume Hits The Biggest Since 2008 – (ARNA, GILD, INCY)

Biotech Merger & Acquisition Volume Hits The Biggest Since 2008 – (ARNA, GILD, INCY)

August 6, 2012 at 1:39 pm 0 comments

Biotech merger volume across the world has hit levels not seen in four years as large pharmaceutical companies chase contracts to get access to new drugs, with bankers saying therapeutic areas including cancer, inflammation and autoimmune diseases are emerging asRead More

The Chinese Pharmaceutical Market; Fake Medicine Leads To About 2,000 Arrests – (PFE, BMY, JNJ)

The Chinese Pharmaceutical Market; Fake Medicine Leads To About 2,000 Arrests – (PFE, BMY, JNJ)

August 6, 2012 at 1:34 pm 0 comments

More than 1,900 people have been arrested by Chinese police in a crackdown on the manufacture and sale of fake medicine, according to authorities. The Ministry of Public Security provided a statement revealing that the nation-wide operation was initiated onRead More

Despite Friday’s Rates, Current Mortgage Rates Showed A Weekly Downtrend – (C, WFC, JPM)

Despite Friday’s Rates, Current Mortgage Rates Showed A Weekly Downtrend – (C, WFC, JPM)

August 6, 2012 at 1:29 pm 0 comments

Although mortgage interest rates were higher on Friday, the weekly trend is still down. Secondary banks were mixed as BofA and JPMorgan Chase & Co. (NYSE:JPM) lifted their conventional lending rates late. The 10-year bond yield, which is used asRead More

Auto Industry Fails To Provide Better Support To The Economy – (F, TTM, GM, TM)

Auto Industry Fails To Provide Better Support To The Economy – (F, TTM, GM, TM)

August 6, 2012 at 1:24 pm 0 comments

For the U.S. auto industry, there were mixed sentiments in July. Although overall light vehicle sales rose 8.9% as compared to the same period last year, the economy is still not where it should be and dealerships have not beenRead More

Schweppes Zimbabwe Doubles Beverage Output With Krones AG Installing The Production Line – (ABV, BUD, FMX, KO)

Schweppes Zimbabwe Doubles Beverage Output With Krones AG Installing The Production Line – (ABV, BUD, FMX, KO)

August 6, 2012 at 1:19 pm 0 comments

Schweppes Zimbabwe has raised its beverage production to double after the commissioning of its new US$14,5 million hot juice fill line. German firm Krones AG was the one to install the production line.The new line is capable of producing 18,000Read More

Majority Of The Consumer Goods Sector Seek Ways To Improve Accuracy – (KFT, PM, XRX)

Majority Of The Consumer Goods Sector Seek Ways To Improve Accuracy – (KFT, PM, XRX)

August 6, 2012 at 1:16 pm 0 comments

ToolsGroup and the Global Market Development Center (GMDC) released the Consumer Goods Supply Chain Forecasting Survey showing that despite two-thirds of firms in the consumer goods supply chain believe sales volatility and estimate accuracy a high businesses priority, half stillRead More

Clint Eastwood Supports Republican Candidate Mitt Romney – (NWSA, DIS, TWX)

Clint Eastwood Supports Republican Candidate Mitt Romney – (NWSA, DIS, TWX)

August 6, 2012 at 1:08 pm 0 comments

Mitt Romney was endorsed by two celebrities earlier last week. On Friday, Clint Eastwood, star of such hit films as Dirty Harry, Unforgiven, Million Dollar Baby, and Gran Torino supported Romney. He explained his endorsement for the Republican nominee sayingRead More