23 Mar 2013 @ 03:06
Darden Restaurants Inc. (
NYSE:DRI): The stock is trading 1.35 percent higher, at $49.62. The stock is trading up after the company’s quarterly results exceeded the estimates. It reported its third quarter adjusted earnings at $1.02 per share, beating analysts’ estimates of $1.01 per share in net income.
22 Mar 2013 @ 03:05
AstraZeneca PLC (
NYSE:AZN): The stock is trading up despite the news of layoffs by the company. AstraZeneca announced that it would be slashing its global headcount by 2,300 as part of its restructuring efforts. The company had earlier reported cutting 1,600 research & development positions.
21 Mar 2013 @ 03:02
FedEx Corporation (
NYSE:FDX): The stock tumbled on the news of its disappointing results. FedEx missed consensus estimates as its ground revenue improved 11 percent for the third quarter. The company’s net income dropped from $521 million to $361 million. On per share basis, the company’s EPS stood at $1.13 per share. FedEx is currently trading […]
20 Mar 2013 @ 02:51
Zillow Inc. (
NASDAQ:Z): The company touched its new 52 weeks high of $56.73 in the current trading session. Zillow is currently trading at $55.85, up 2.01 percent from its previous close.
18 Mar 2013 @ 23:39
U.S based Mergers and Acquisitions have been off to their fastest start in 2013 since 2000. In a market where survival is now reviving, M&A deals are seen as way forward for inorganic growth for companies which have managed to survive the economic downturn and for companies who are looking into concentrating on core businesses. […]
15 Mar 2013 @ 23:51
Duke Realty Corporation (
NYSE:DRE) – The company operates Real Estate Investment Trust (REIT). It offers leasing property and small asset management, development, construction built to suit and other tenant related services. Its portfolio exceeds 145 million square feet with properties in 18 major markets in U.S.
15 Mar 2013 @ 00:59
Technology sector was one of the best performing sectors of 2012 and bullish trend still continues and should for the rest of 2013. After the stock market bubble burst of early last decade, tech companies are now recording all time high earning which has caught their stocks being most undervalued of all the sectors. The […]
14 Mar 2013 @ 02:03
Google Inc. (
NASDAQ:GOOG): The stock is trading at $823.48, 0.50 percent lower than its previous close. It has traded in the range of $823.02 and $830.69 in the current trading session. Google reported that it has reached settlement with 38 US states with regard to its Street View cars issue.
12 Mar 2013 @ 23:54
Beta is a measurement used to analyze a stock’s volatility as against the movements of the market. A stock with beta more than 1 is more volatile than the market whereas a stock with beta less than 1 is less volatile than the market. A high beta stock is picked by investors who are looking […]
11 Mar 2013 @ 23:46
American Electric Power Co. Inc. (
NYSE:AEP)-American Electric Power Co. Inc. is an electric utilities company with nearly 38,000 megawatts of generating capacity,40000 mile electricity transmission network, serving in 11 states of United States. For 2012 financial year, the company had reported operating earnings of $238 million. The company’s performance had suffered due to sluggish demand...