Financial News

Health and Biotech Funds Showing Robust Gains in 2012 – (PPHM, STEM, ARNA, GILD)

Health and Biotech Funds Showing Robust Gains in 2012 – (PPHM, STEM, ARNA, GILD)

September 28, 2012 at 1:28 pm 0 comments

John Waggoner reports for USA TODAY, Health and biotech funds have shown strong gains in 2012, gaining an average 22.4%. Actually, the funds have endured the entire bear/bull cycle relatively well. They have risen 41% since the S&P 500’s OctoberRead More

Current Mortgage Interest Rates Edges Down: Citigroup Inc. (NYSE:C) Stock Recovers on Market Outperform Rating

Current Mortgage Interest Rates Edges Down: Citigroup Inc. (NYSE:C) Stock Recovers on Market Outperform Rating

September 28, 2012 at 1:25 pm 0 comments

Current mortgage interest rates edged down Friday despite an uptick in some of the benchmarks. While BofA and PNC Financial Services (NYSE:PNC) reduced their mortgage rates, KeyBank and Wells Fargo & Company (NYSE:WFC) lifted them. The average interest rate onRead More

Bill Gates Hails Microsoft (NASDAQ:MSFT) Windows 8, Sprint Nextel (NYSE:S)’s PT Set to $7

Bill Gates Hails Microsoft (NASDAQ:MSFT) Windows 8, Sprint Nextel (NYSE:S)’s PT Set to $7

September 28, 2012 at 12:48 pm 0 comments

Stocks ended sharply higher yesterday after Spain stated tougher measures that pay attention on spending cuts and not on raising taxes. Jack Ablin, chief investment officer at Harris Private Bank in Chicago, said that it was reality as compared toRead More

Analyst Says Nokia (NYSE:NOK) Windows Phones are Cool, Google (NASDAQ:GOOG) Adding “trailer” Button

Analyst Says Nokia (NYSE:NOK) Windows Phones are Cool, Google (NASDAQ:GOOG) Adding “trailer” Button

September 28, 2012 at 12:11 pm 0 comments

Tech stocks rallied the most among other sectors, after noting early signs of improvement with advances from International Business Machines Corp. (NYSE:IBM) and Oracle Corporation (NASDAQ:ORCL). U.S. stocks followed a global rally as Spanish Prime Minister Mariano Rajoy’s nine-month-old governmentRead More

Facebook Inc. (NASDAQ:FB) CEO Visiting Russia Next Week, Ford Motor (NYSE:F) Snaps Falling Streak On Neutral Rating

Facebook Inc. (NASDAQ:FB) CEO Visiting Russia Next Week, Ford Motor (NYSE:F) Snaps Falling Streak On Neutral Rating

September 28, 2012 at 12:01 pm 0 comments

Wall Street rallied, breaking a five-day fall for the S&P 500Index (INDEXSP:.INX) as Spain promised to reduce its deficit and optimism advanced that China’s government will take more steps to support economic growth. The index has shown a growth ofRead More

Apple Inc. (NASDAQ:AAPL) 6th-Gen iPhone Arriving to Several Regional US Carriers and Countries Today

Apple Inc. (NASDAQ:AAPL) 6th-Gen iPhone Arriving to Several Regional US Carriers and Countries Today

September 28, 2012 at 10:46 am 0 comments

The technology sector bounced back from the previous day’s losses to show a slate of broad gains Thursday, driven up by Yahoo! Inc. (NASDAQ:YHOO) and e-commerce players including Amazon.com, Inc. (NASDAQ:AMZN) and eBay Inc. (NASDAQ:EBAY). Each of these three gainedRead More

Samsung Electronics’ New Plan to Tackle Apple Inc. (NASDAQ:AAPL) and Two Others – (GOOG, AMZN, SIRI, AIG, GM, ANR)

Samsung Electronics’ New Plan to Tackle Apple Inc. (NASDAQ:AAPL) and Two Others – (GOOG, AMZN, SIRI, AIG, GM, ANR)

September 27, 2012 at 3:43 pm 0 comments

Wall Street advanced today, ending a five-day losing streak for the Standard & Poor’s 500 Index, as speculation grew that China will declare economic spur programs and American unemployment benefit claims declined more than expectation. Samsung Electronics unveiled a planRead More

Apple Inc. (AAPL) iOS6 Faces Wi-Fi Connectivity Bug

Apple Inc. (AAPL) iOS6 Faces Wi-Fi Connectivity Bug

September 27, 2012 at 2:15 pm 0 comments

A thread posted on 91 pages on Apple Inc. (NASDAQ:AAPL)’s Support Communities webpage shows what seems to be a crucial issue with upgrading iPhone 4S and third-generation iPads to the firm’s latest mobile OS, iOS 6. Forum users stated thatRead More

ULI Surveys Discloses Scaled-back Growth Estimates For U.S. Real Estate – (MS, USB, JEF, BCS)

ULI Surveys Discloses Scaled-back Growth Estimates For U.S. Real Estate – (MS, USB, JEF, BCS)

September 27, 2012 at 1:29 pm 0 comments

Recently released Urban Land Institute (ULI) survey of 39 leading real estate economists and analysts from across the United States reveals scaled-back predictions for growth in the country’s economy, real estate capital markets, and commercial real estate fundamentals, but moreRead More

Current Mortgage Interest Rates Unable to End Falling Streak: Citigroup Inc. (NYSE:C) Declined for Fifth Straight Day

Current Mortgage Interest Rates Unable to End Falling Streak: Citigroup Inc. (NYSE:C) Declined for Fifth Straight Day

September 27, 2012 at 1:15 pm 0 comments

Current mortgage interest rates were unable to snap falling streak today as money flowed into safer investments. Several banks including PNC Financial Services (NYSE:PNC) and JPMorgan Chase & Co. (NYSE:JPM) have decreased their conventional lending rates. The average interest rateRead More