Wall Street Workers' Bonuses Could Take A Hit As US Economy Continues To Slow
The current economic conditions in the U.S. are also affecting Wall Street firms, where some workers will see bonus cuts with the potential for layoffs.
Democrats Plan To End Stock Trading For Congressional Lawmakers
House Democrats will introduce a bill to prohibit stock trading among members of Congress along with their families and senior staff.
Stock Market Today: US Markets Gain On Hong Kong, Brexit Developments, Dow Gains 0.9%
Hong Kong's leader's decision to withdraw an extradition law and the British Parliament's decision to block a hard exit from the EU sent stocks higher.
US Stock Futures Signal Rebound Monday
Futures on major U.S. indices point to a slight rebound on Wall Street Monday after a string of losses last week amid worries Greece might leave the euro and an emerging debt crisis in Spain.
Mark Zuckerberg Turns 28: Ten Interesting Facts About The Facebook Founder And His Social Network [PHOTOS]
The world's youngest billionaire has turned 28, and his birthday has come as a landmark moment for his company, as Facebook Inc is all set to start trading.
Post-Market NASDAQ Movers (BAGL, SPRD, SWIR, POWR, SHIP, BODY, QLGC, CBOU, PACB)
The top after-market NASDAQ gainers Thursday were: Einstein Noah Restaurant Group, Spreadtrum Communications, Sierra Wireless, PowerSecure International and Seanergy Maritime Holdings Corp. The top after-market NASDAQ losers were: Body Central Corp., Anika Therapeutics, QLogic Corporation, Caribou Coffee Company and Pacific Biosciences of California.
BATS Pulls IPO, Pushed By Its 'Technical Issues' On Friday
Because of serious glitches in equity-market trading operations on Friday, Bats Global Markets Inc. announced it has scuttled its planned initial public offering, which had been scheduled to close on March 28.
Post-Market NASDAQ Gainers (CPWM, COCO, ZOLT, GLNG, UTEK, KITD, HWAY, RAIL, FSYS, ARII)
The top after-market NASDAQ gainers Thursday were: Cost Plus, Corinthian Colleges, Zoltek Companies, Golar LNG Ltd, Ultratech, KIT digital, Healthways, Freightcar America, Fuel Systems Solutions and American Railcar Industries.
Nasdaq OMX Group Inc.'s Core Profit Beats Expectations
Nasdaq OMX Group Inc.'s core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment.
What Apple Plans to Do with $98 Billion Cash Hoard?
Apple Inc. has a high-quality balance sheet with net cash of $97.6 billion or $103.6 per share at the end of fiscal first quarter. Investors look puzzled regarding what Apple intends to do with its cash hoard.
RIM May Restructure as New CEO Takes the Helm
After conducting an in-depth study, Research In Motion Ltd.'s (NASDAQ: RIMM) new Chief Executive Officer (CEO) Thorsten Heins will conclude that a significant restructuring is necessary, as the company cannot otherwise compete with Apple Inc. and Google Inc.'s Android operating system, said brokerage firm Jefferies.
RIM New CEO, Chairman Positive but Still Tough Near-Term: Analyst
Research In Motion Ltd. (NASDAQ: RIMM) said its Co-Chief Executive Officers (CEO) Jim Balsillie and Mike Lazaridis have stepped down. They have been succeeded by Chief Operating Officer Thorsten Heins, as President, CEO and Director of the company, effective immediately.
Pre-Market NASDAQ Movers (FFIV, XLNX, RVBD, GLNG, ALTR, LOGI, EBAY, AAPL, NBIX, VOD, RIMM, HBAN)
The top pre-market NASDAQ Stock Market gainers are: F5 Networks, Xilinx, Riverbed Technology, Golar LNG, Altera, Logitech International, eBay, and Apple. The top pre-market NASDAQ Stock Market losers are: Neurocrine Biosciences, Vodafone Group, Research In Motion, and Huntington Bancshares.
RIM Licensing Deals is Most Likely: Analyst
Jefferies believes the press reports suggesting that Research In Motion Ltd. (NASDAQ: RIMM) is talking to Samsung are likely true.
Pre-Market NASDAQ Movers (REGN, LULU, CRUS, FMCN, ACHN, RIMM, AAPL, WBMD, ILMN, AFFY, BRCD, TEVA)
The top pre-market NASDAQ Stock Market gainers are: Regeneron Pharmaceuticals, Lululemon Athletica, Cirrus Logic, Focus Media Holding, Achillion Pharmaceuticals, Research In Motion and Apple. The top pre-market NASDAQ Stock Market losers are: WebMD Health, Illumina, Affymax, Brocade Communications Systems and Teva Pharmaceutical Industries.
Pre-Market NASDAQ Movers (IDIX, ACHN, VVUS, MAKO, QCOR, RIMM, AAPL, IPCM, PCRX, AKAM, LOGI, COST)
The top pre-market NASDAQ stock market gainers are: Idenix Pharmaceuticals, Achillion Pharmaceuticals, VIVUS, MAKO Surgical, Questcor Pharmaceuticals, Research In Motion and Apple. The top pre-market NASDAQ stock market losers are: IPC The Hospitalist Company, Pacira Pharmaceuticals, Akamai Technologies, Logitech International and Costco Wholesale.
Post-Market NASDAQ Movers (VPHM, WBMD, JAZZ, ORIT, MNTA, RFMD, VICL, IART, MHGC, ZOLT)
The top after-market NASDAQ Stock Market gainers are: ViroPharma, WebMD Health, Jazz Pharmaceuticals, Oritani Financial, and Momenta Pharmaceuticals. The top after-market NASDAQ Stock Market losers are: RF Micro Devices, Vical, Integra LifeSciences Holdings, Morgans Hotel Group, and Zoltek Companies.
Yahoo Downgraded at Jefferies
Jefferies & Co. downgraded its rating on shares of Yahoo Inc. (NASDAQ: YHOO) to hold from buy with a price target of $18, after the company announced the appointment of PayPal's President Scott Thompson as new chief executive officer and director effective Jan. 9.
Post-Market NASDAQ Movers (OCLR, ZUMZ, NATI, STX, GNOM, AAPL, DRYS, SVNT, SONC, ZIXI, LLNW, RIMM)
The top after-market NASDAQ Stock Market gainers are: Oclaro, Zumiez, National Instruments, Seagate Technology, Complete Genomics, and Apple. The top after-market NASDAQ Stock Market losers are: DryShips, Savient Pharmaceuticals, Sonic, Zix Corp., Limelight Networks, and Research In Motion.
Pre-Market NASDAQ Movers (TIVO, ARNA, LULU, QGEN, AVEO, LPHI, APKT, BMTI, NTAP, ARUN, YHOO, AAPL)
The top pre-market NASDAQ Stock Market gainers are: TiVo, Arena Pharmaceuticals, Lululemon Athletica, Qiagen, and AVEO Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: Life Partners Holdings, Acme Packet, BioMimetic Therapeutics, NetApp, Aruba Networks, Yahoo, and Apple.
RIM Likely to Name RBC's Barbara Stymiest as Chairman: Analyst
BlackBerry maker Research In Motion Ltd. (NASDAQ: RIMM) is likely to name Royal Bank Canada's Barbara Stymiest as its chairman, says Jefferies.
Post-Market NASDAQ Movers (TIVO, ARNA, AONE, UNIS, TISI, LPHI, APKT, BMTI, PRGS, AMRN)
The top after-market NASDAQ stock market gainers are: TiVo, Arena Pharmaceuticals, A123 Systems, Unilife and Team. The top after-market NASDAQ Stock Market losers are: Life Partners Holdings, Acme Packet, BioMimetic Therapeutics, Progress Software and Amarin.
Pre-Market NASDAQ Movers (IPSU, RMBS, RAM, LOGI, MU, MPEL, RIMM, AAPL, ZIONW, KTEC)
The top pre-market NASDAQ Stock Market gainers are: Imperial Sugar, RAM Energy Resources, Rambus, Logitech International, Micron Technology, Melco Crown Entertainment, Research In Motion and Apple. The top pre-market NASDAQ Stock Market losers are: Zions Bancorp. and Key Technology.
Post-Market NASDAQ Movers (WWWW, TASR, SORL, GCOM, OZRK, RIMM, GOOG, SONS, VTSS, ZAGG, XNPT, REDF)
The top after-market NASDAQ Stock Market gainers Friday are: Web.com Group, TASER International, SORL Auto Parts, Globecomm Systems, Bank of the Ozarks, Research In Motion, and Google. The top after-market NASDAQ Stock Market losers are: Sonus Networks, Vitesse Semiconductor, ZAGG, Xenoport, and Rediff.com India.
Google Ending 2011 on High Note: Analyst
Robert W. Baird believes that Google Inc. (NASDAQ: GOOG) finished 2011 on a strong note, with healthy Search and e-commerce trends likely driving upside to consensus estimates. The brokerage reiterated its outperform rating on shares of Google, while increasing its price target to $760 from $700.
Pre-Market NASDAQ Movers (AACC, RYAAY, ERIC, AMZN, RIMM, ASML, JRCC, DMND, AAPL)
The top pre-market NASDAQ Stock Market gainers are: Asset Acceptance Capital, Ryanair Holdings, LM Ericsson Telephone, Amazon.com, and Research In Motion. The top pre-market NASDAQ Stock Market losers are: ASML Holding, James River Coal, Diamond Foods, and Apple.
Post-Market NASDAQ Movers (MOSY, PACB, CECO, THOR, RGLD, PRMW, DXCM, SIGA, XRTX, NTIC)
The top after-market NASDAQ Stock Market gainers are: MoSys, Pacific Biosciences of California, Career Education, Thoratec, and Royal Gold. The top after-market NASDAQ Stock Market losers are: Primo Water, DexCom, SIGA Technologies, Xyratex, and Northern Technologies International.
Pre-Market NASDAQ Movers (FSIN, YHOO, ARMH, RIMM, BIDU, AAPL, CSCO, AMZN, MKTAY, OVTI, TEVA, ERIC)
The top pre-market NASDAQ Stock Market gainers are: Fushi Copperweld, Yahoo, ARM Holdings, Research In Motion, Baidu, Apple, and Cisco Systems. The top pre-market NASDAQ Stock Market losers are: Amazon.com, Makita, OmniVision Technologies, Teva Pharmaceutical Industries, and LM Ericsson Telephone.
Post-Market NASDAQ Movers (FSIN, MIPS, CECO, SYKE, STEI, EXAR, MBLX, XRTX, ALXN, AINV)
The top after-market NASDAQ Stock Market gainers are: Fushi Copperweld, MIPS Technologies, Career Education, Sykes Enterprises, and Stewart Enterprises. The top after-market NASDAQ Stock Market losers are: Exar, Metabolix, Xyratex, Alexion Pharmaceuticals, and Apollo Investment.
Pre-Market NASDAQ Movers (PNFP, ARMH, GOLD, INFY, RIMM, AMZN, GOOG, AAPL, CAVM, SHLD, WIN, CSCO)
The top pre-market NASDAQ Stock Market gainers are: Pinnacle Financial Partners, ARM Holdings, Randgold Resources, Infosys, Research In Motion, Amazon.com, Google, and Apple. The top pre-market NASDAQ Stock Market losers are: Cavium, Sears Holdings, Windstream, and Cisco Systems.