Hope For Fed Action Lifts Markets
Posted on December 13, 2011 at 13:23 PM EST
Optimism that the Federal Reserve may take further action to stimulate the sluggish economy lifted the markets during the midday with the Dow gaining 68 points to 12,089. Nasdaq added 2 points to 2614.
On the upside
Shares of Jive Software (Nasdaq: JIVE) surged on its first trading day.
Seaspan (NYSE: SSW) announced plans to repurchase up to 10 million shares of class A stock at the premium price of $15 per share.
Deutsche Bank upgraded Marathon Oil (NYSE: MRO) to a Buy rating.
On the downside
SymphonyIRI reported that the market share of Green Mountain Coffee Roasters' (NYSE: GMCR) single serve K-Cup business slipped in November.
Forest Oil (NYSE: FST) will spend $550 million to $600 million on capital projects in 2012 and expects 2012 net sales volumes to rise 5% - 6%.
Sensata Technologies (NYSE: ST) lowered its fourth quarter guidance yesterday.
In the broad market, advancing issues outpaced decliners by a margin of 7 to 5 on the NYSE and by nearly 10 to 9 on Nasdaq. The Russell 2000 which tracks small cap stocks edged up a fraction to 733.
Seaspan Accepts Delivery of 4600 TEU Containership
June 13, 2013
In Bizarro World Bad News is Good News
June 03, 2013
from Wall Street Greek
from Dividend Channel
Seaspan: The Winning Streak Continues (SSW)
May 07, 2013
Seaspan: 52-Week High Recently Eclipsed (SSW)
May 06, 2013
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here
©2013 MoneyShow.com, LLC. All Rights Reserved. For a complete trademark notice, please see the Terms of Service