Showing category "Stock News" (Show all posts)

McDonald’s (MCD) Warns Global Economic Volatility will Impact its Q2 Results

Posted by macy macon on Monday, June 11, 2012, In : Stock News 
McDonald’s Corp (NYSE : MCD) warned that its second-quarter results will be badly impacted by global economic volatility and escalating expenses, although a key revenue figure in May had gone up due to its strength in the US and European markets.


The Oak Brook, Ill-based fast-food chain said that its second-quarter earnings will also be affected by 7 cents to 9 cents per share due to foreign currency translations. In midday trading, shares of McDonald’s plunged $1.15 or 1.3 percent ...
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Global Hunter Securities Downgrades US Energy Corp (NASDAQ: USEG)from BUY to ACCUMULATE

Posted by macy macon on Tuesday, May 15, 2012, In : Stock News 
Analysts at Global Hunter Securities Downgrades their rating on the shares of US Energy Corp (NASDAQ: USEG) from BUY to ACCUMULATE. The 12-month target price has been reduced from from $5 to $4.50.
 
In a research note published yesterday, the analysts mention that Q1 results were decent for  US Energy Corp. The company focused its E&P efforts as a non-operator in the North Dakota Bakken and the Eagle Ford Shale in Texas, the analysts add. The company's next step could be transition int...
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Deutsche Bank Securities Maintains HOLD Rating on First Republic Bank (NYSE: FRC)

Posted by macy macon on Wednesday, May 9, 2012, In : Stock News 
Analyst Dave Rochester at Deutsche Bank Securities maintains HOLD rating on the shares of First Republic Bank (NYSE: FRC). The 12-month target price is set to $35.

In a research note published yesterday, the analysts mention that the company is likely to achieve stronger growth during Q2, given the all-time-high residential loan backlogs for refinance and purchase. Also, more penetration on the company's penetration into its high networth customer base will lead to substantial growth ov...


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S&P Capital IQ Reiterates BUY Rating on Celgene (NASDAQ: CELG)

Posted by macy macon on Monday, May 7, 2012, In : Stock News 
Analyst Steven Silver of S&P Capital IQ reiterates his BUY rating on the shares of Celgene (NASDAQ: CELG). The target price is maintained at $92.

In a research note published this morning, the analyst mentions that the 10% fall in Celgene’s share price since the reporting of Q1 results is overdone. The current valuation does not reflect the many key catalysts that are expected over the forthcoming many months, the analyst says. The analyst believes that the Q1 was on account of a d...


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Yahoo(YHOO) Negotiating To Sell 15-25 Percent Of Alibaba

Posted by macy macon on Saturday, May 5, 2012, In : Stock News 
Yahoo Inc(NASDAQ : YHOO) is planning of selling 15 to 25 percent of Alibaba Group's stock back to the company. Yahoo had acquired 40 percent stake in Alibaba, China's largest e-commerce company, in 2005.

The two companies have been negotiating for months to reach an agreement. Alibaba, the Chinese investment  holding company has held numerous discussion with Yahoo in recent years  to get back some or all its stocks from Yahoo.
The latest deal, unlike the $17 billion tax-free asset swa...


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S&P Capital IQ Reiterates BUY Rating Cigna (NYSE: CI)

Posted by macy macon on Friday, May 4, 2012, In : Stock News 
Analyst Phillip Seligman of S&P Capital IQ reiterates his BUY rating on the shares of Cigna (NYSE: CI). The target price is set to $54.

In a research note published this morning, the analyst mentions that the company has reported Q1 adjusted EPS of $1.24, vs. $1.31, $0.12 below the estimate, partly on lower group disability & life income and higher than expected healthcare operating costs. Cigna has gained 787,000 more members so far this year, reflecting market share gains, the analy...
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Court Asks Microsoft (MSFT) To Leave German Market

Posted by macy macon on Wednesday, May 2, 2012, In : Stock News 
On Wednesday, a court in Mannheim, Germany ruled   that  Microsoft (NASDAQ : MSFT) violated  Motorola Mobility's patents, ordering the  software giant  to withdraw its Xbox 360 gaming consoles and Windows 7 operating system software from the German market.

The court agreed with  Motorola's allegations of Microsoft  using its certain video-compression software in products like Windows 7 and Xbox, in a clear breach of  agreement.

The Mannheim case is latest in a series of multi-billion w...


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Protesters Throng Wells Fargo (WFC) Shareholder Meeting

Posted by macy macon on Thursday, April 26, 2012, In : Stock News 

Wells Fargo shareholder meeting in San Francisco Tuesday was thronged by hundreds of Occupy Wall Street protestors who wanted to disrupt the meeting and be heard.

 The annual shareholders meeting of Wells Fargo (NYSE : WFC) in San Francisco Tuesday was thronged by hundreds of Occupy Wall Street demonstrators in order to disrupt the meeting. Many of the demonstrators had bought company stock in order to enter inside the Merchant’s Exchange Building in the city’s bustling financ...


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