U.S. stocks straddled the line between gains and losses in light volume Thursday, with the Dow industrials not far from their bull-market high in the final session of the index's best first quarter in more than a decade.
US stocks ended mixed in light volume as traders wait for Friday’s all-important Bureau of Labor Statistics obs report.
The companies whose shares are actively trading in Thursday's morning session include Ambassadors International, Tesla Motors, Rubicon Minerals, Meritor and CarMax.
U.S. stocks slightly advanced in early trade on Thursday after official data showed that applications for jobless benefits fell last week.
The top pre-market NASDAQ Stock Market gainers are: Synthesis Energy Systems, Tesla Motors, Randgold Resources, Dendreon, and Clean Energy Fuels. The top pre-market NASDAQ Stock Market losers are: Sinovac Biotech, OpenTable, Apollo Group, SciQuest, and NXP Semiconductors.
ThinkEquity initiated coverage of Western Digital Corp. (NYSE:WDC) with a buy rating and $42 price target, saying accelerating growth of digital data will continue driving strong unit Hard Disk Drive (HDD) growth in the future.
The top after-market NASDAQ Stock Market gainers are: MAKO Surgical, Andatee China Marine Fuel Services, Charming Shoppes, Home Bancorp, and Performance Technologies. The top after-market NASDAQ Stock Market losers are: Maxygen, SMART Modular Technologies, Oplink Communications, Jos. A Bank Clothiers, and Energy Conversion Devices.
Telecommunications stocks led U.S. indexes higher Wednesday, as optimism over deal activity added to confidence that jobs data would continue pointing to a strengthening labor market.
The Australian dollar, which was free floated in 1983, just hit an all-time high against the US dollar.
Shares of companies active in Wednesday's early trade are: Cephalon, Nvidia, SMART Technologies, Clean Energy Fuels, Lindsay, Acxiom and Align Technology.
Apple will deliver its iPhone 5 in its late fourth quarter ending Sept. 2011, according to an analyst from BMO Capital Markets.
The delay by the Federal Reserve Board in adopting final rules to limit debit-card interchange fees could benefit the largest banks.
U.S. stocks advanced in early trade on Wednesday after ADP National Employment report showed that the private sector employment rose in March.
RBC Capital Markets continues to believe that Teva Pharmaceutical Industries Ltd.'s (NASDAQ: TEVA) generic Copaxone is unlikely in the near term. The brokerage also said FDA denied Copaxone Citizen Petition (CP) as it is premature to make a decision on generic approvability.
Gold shot up by nearly one percent on Wednesday, after four sessions of losses amid broad support from unrest in the Middle East and North Africa, but gains may stay limited by expectations monetary policy in key regions may tighten. Spot gold was bid at $1,430.55 an ounce at 1344 GMT, against $1,415.95 late in New York on Tuesday.
The top pre-market NASDAQ Stock Market gainers are: Cephalon, Netlist, Achillion Pharmaceuticals, ClickSoftware Technologies, and Glu Mobile. The top pre-market NASDAQ Stock Market losers are: China Information Technology, Golar LNG, Tibco Software, EDAP TMS, Vodafone Group, and Dell.
The companies whose shares are moving in pre-market trade on Wednesday are: Gilead Sciences, Philip Morris International, Range Resources, NYSE Euronext, eBay, Chesapeake Energy, Kohl's Corp and Dell.
Mortgage applications in the U.S. fell in the week ended March. 25, following an sharp increase in mortgage interest rates.
Salesforce.com said it agreed to acquire Radian6, a social media monitoring platform, for about $326 million in cash and stock deal a move that will help Salesforce to effectively market its cloud-based products.
ThinkEquity lowered its profit estimate of Nvidia Corp. citing lower PC graphics growth.
Jefferies & Co. expects the FiberTower (NASDAQ: FTWR) deal could boost DragonWave Inc.'s (NASDAQ: DRWI) efforts to expand its non-Clearwire business.
US stocks edged modestly higher in Tuesday’s session as traders eyed Friday’s non-farm payrolls (NFP) report.
The top after-market NASDAQ Stock Market gainers are: Cephalon, Netlist, Life Partners Holdings, AC Moore Arts & Crafts, and Gulf Resources. The top after-market NASDAQ Stock Market losers are: ValueVision Media, Tibco Software, H&E Equipment Services, iGATE, and Career Education.
In March 2009, the S&P 500 hit a low of 666. Since then, it has almost doubled.
US stocks trickled modestly higher in Tuesday’s session, in light volume, as traders eye Friday’s non-farm payrolls report.
RBC Capital Markets believes CarMax Inc. (NYSE: KMX) has significant long-term growth potential, while the company's shares are admittedly not cheap.
U.S. stocks declined in early trade on Tuesday as investors watched geopolitical developments in Japan and Middle East with caution while S&P cut its credit ratings for both Portugal and Greece.
Dollar Gold Prices fell in Asian and early London trade on Monday, dropping 1.3% to a 6-session low of $1411 per ounce as global equities slipped and the US currency rose on the forex market. Silver Prices lost 2.1% to hit a 3-session low beneath $36.50 per ounce.
The top pre-market NASDAQ Stock Market gainers are: Technology Research, SORL Auto Parts, Gulf Resources, Magic Software Enterprises, and Lululemon Athletica. The top pre-market NASDAQ Stock Market losers are: Apollo Group, Anadigics, Alliance Holdings GP, CryptoLogic, and Silicon Image.
The companies whose shares are moving in pre-market trade on Tuesday are: Lennar Corp, AK Steel Holding, Marriott International, XL Group, InterDigital, Energy Transfer Partners, BP Plc and Halliburton.
