29 Jan 2013 @ 03:05
Autodesk Inc. (
NASDAQ:ADSK): The company stock is currently trading at $38.87, down 0.31 percent from its previous close of $38.99. Autodesk received analyst upgrade from Goldman Sachs.
26 Jan 2013 @ 03:15
Procter & Gamble Co. (
NYSE:PG): The stock is up after positive earnings news and created a new 52 week high. The company doubled its second quarter net income to $4.06 billion. It had reported its net income for the corresponding quarter of the last year at $1.39 billion.
25 Jan 2013 @ 03:43
Logitech International SA (
NASDAQ:LOGI): The stock is down after the announcement of weak third quarter results. Logitech International announced its revenue for the quarter at $614.5 million, lagging behind the consensus estimate of $667.9 million in sales.
24 Jan 2013 @ 22:20
US based technology firm Apple has reported revenues that fall below market expectations. Whilst posting a 2012 net profit of £13.1bn, the same figure as 2011, and an 18% increase in revenue to $54.5bn Apple shares fell sharply in early trading from a 514.4 to 463.49. Live Apple stock charts available via a free ADVFN […]
19 Jan 2013 @ 04:24
Schlumberger Limited (
NYSE:SLB): the company reported its fourth quarter results and its revenue increased 8 percent to $11.17 billion. The company was expected to report its revenue at $10.82 billion. However, its net income dropped to $1.37 billion.
18 Jan 2013 @ 04:32
Sears Holdings Corporation (
NASDAQ:SHLD): The stock is being lapped up by insiders as Edward S Lampert, Director and 10 percent owner of the company bought 332,048 shares at an average price of $40.89 each.
17 Jan 2013 @ 03:52
Wells Fargo & Co. (
NYSE:WFC): The banking stock has been downgraded from Overweight to Neutral by Atlantic Securities. Its price target has been lowered down to $38. Its previous target was at $40.
17 Jan 2013 @ 02:18
US financial giants announce large rises in investment baking profits. Goldman Sachs (
NYSE:GS) has repored a profit of $2.9bn in fourth quarter of 2012, a threefold rise on 2011, whilst JP Morgan (
NYSE:JPM) saw a 54% profit increase to $5.7bn over the same period. Global markets responded positively to Goldman Sachs profits with its stock […]
16 Jan 2013 @ 04:32
Dell Inc. (
NASDAQ:DELL): The stock is trading up on the rumors of the company going private. It has already traded 42.661 million shares, in comparison to its regular trading volume of 23.451 million shares.
16 Jan 2013 @ 00:07
Pressure is mounting on the United States to resolve debt crisis or it risks losing its AAA credit rating. Rating’s agency Fitch has warned the United States government that it is in danger of losing its AAA credit rating as lawmakers try to resolve the country’s debt crisis. Following a temporary agreement to avoid the […]
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