The CME Group said on Friday it initiated performance bond requirements, sometimes known as margin requirements, for new options products traded in crude oil, electricity and natural gas liquids, effective Dec. 4. Get the full story »
Filed under: Stock activity
Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
Kroger fuels supermarket sector price war jitters
Kroger Co. cut some prices in its latest quarter, fueling worries that the slow U.S. economic recovery will cause another flare-up in the supermarket industry’s intense and profit-denting price war. Get the full story »
Dec. 2, 2010 at 4:30 p.m.
Comments Off
Filed under: Cell phones, Consumer electronics, Stock activity, Technology, Telecommunications Motorola shares fall on Q1 mobile loss forecast
Motorola CEO Sanjay Jha. (PRNewsFoto/Motorola, Andy Kuno)
Shares of Motorola fell 1.5 percent after it warned its cell-phone unit would post a loss in the first quarter, when key client Verizon Wireless is seen starting sales of Apple’s iPhone.
Analysts on Thursday cut their share price targets and earnings estimates for the company, which had only recently posted its first quarterly profit in years.
Motorola’s mobile chief and Co-Chief Executive Sanjay Jha flagged the loss during an investor conference late on Wednesday saying first quarter sales would involve a higher proportion of cheaper phones as the company looks to boost sales at U.S. operators such as AT&T, Sprint Nextel and T-Mobile USA. Get the full story »
CME Group shares rise on analyst upgrade
Shares of market exchange operator CME Group Inc. rose Wednesday after an analyst upgraded them from “hold” to “buy.” Get the full story »
OptionsXpress to pay special cash dividend
Online brokerage optionsXpress Holdings Inc. said it will return about $259 million to shareholders as special dividend payout in the absence of “value-creating” acquisition opportunities. Get the full story »
Wall Street slides on euro-debt woes
Commodity-related shares led U.S. stocks lower on Friday in a shortened post-holiday session as investors unloaded risky assets on worries that euro-zone debt problems may spread.
Consumer stocks were also a major focus as Black Friday, often the biggest shopping day of the year, began what is expected to be the strongest holiday shopping season in three years.
Get the full story »
Oil slips on dollar rise, euro zone woes
U.S. oil prices slipped in light post-holiday trading on Friday as Europe’s debt crisis pushed the euro to a two-month low against the dollar and investors eyed tensions between North Korea and South Korea. Get the full story »
400K more CBOE shares tendered than sought
CBOE Holdings Inc. said its two offers for nearly 12 million shares of class A-1 and class A-2 common stock exceeded the maximum tender amount.
About 12.4 million of class A-1 common stock and 13.6 million of class A-2 common stock were validly tendered and not withdrawn, according to the final count by BNY Mellon Shareowner Services, which is handling the tender offer. Get the full story »
Upbeat economic reports propel stocks
Stocks are sharply higher after a batch of economic reports offered some hope that the U.S. economy was improving.
Investors seized on encouraging readings of the labor market and Americans’ incomes on Wednesday, while shrugging off a steep fall in new home sales and manufacturing orders. Get the full story »
Irish bailout makes stocks fear more upheaval
Stocks were lower Monday at the start a holiday-shortened week, as news of progress on Ireland’s rescue package underscored concerns about other troubled European economies.
The Dow Jones industrial average fell 76 points, or 0.7 percent, about 2-1/2 hours into trade. The S&P 500 lost 7 points, or 0.6 percent, and the Nasdaq ticked down 1 point, or less than 0.1 percent. Get the full story »
New 787 delay already factored into Boeing stock
A seventh delay for the long-awaited Boeing Co 787 Dreamliner is all but assured, and the negative sentiment is priced into shares, analysts said Thursday.
Shares of Boeing, a component of the Dow Jones Industrial Average, were up 3.4 percent Thursday — partly erasing losses since an electrical fire last week forced it to halt Dreamliner test flights — but the stock was still down more than 6 percent since the Nov. 9 incident. Get the full story »
Nov. 16, 2010 at 4:15 p.m.
Comments Off
Filed under: Agriculture/Farming, China, International, Stock activity Commodities sink amid concerns about China
Commodity prices are sinking amid concerns about inflation in China and European talks about bailing out Ireland.
Some of the steepest declines came Tuesday in agriculture products and industrial metals. Traders are concerned that demand may diminish because of the developments in other countries.
Stocks sink below 11,000 on China worries
Stocks retreated Tuesday following new worries about rising inflation in Asia and the possibility Ireland might need a bailout.
Wal-Mart sees U.S. same-store sales up for holidays
A Wal-Mart employee stocks the shelves in Pompano Beach, Fla. (Joe Raedle/Getty Images)
Wal-Mart Stores expects U.S. same-store sales to rise during the holiday shopping season, when it hopes to lure its low- to middle-income customers with discounts on toys and electronics and free shipping for online orders.
The world’s largest retailer also posted higher quarterly profit Tuesday, buoyed by cost cuts and growth in international sales, and raised its full-year forecast. Get the full story »
