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What's In The News: July 27, 2012

Published on Sun, 07/29/2012 - 09:22
By FNNO Staff in business, finance, nasdaq, nyse, stock, stocks, trading, wall st
stock, trading, wall st, nyse, nasdaq, finance, business, stocks

By FNNO Staff
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GDP Data for Second Quarter Is Not Bad

Published on Sun, 07/29/2012 - 09:22
By FNNO Staff in business, finance, nasdaq, nyse, stock, stocks, trading, wall st
stock, trading, wall st, nyse, nasdaq, finance, business, stocks

By FNNO Staff
fnnonline@gmail.com

The IMF Warns The U.S.

Published on Tue, 07/03/2012 - 12:41
By FNNO Staff in analysis, business, finance, fnn, fnno, market, news, quotes, smartrend, stocks, trading
fnn, finance, business, news, market, stocks, fnno, smartrend, quotes, trading, analysis

By FNNO Staff
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FXCM Topped Q2 Results, Top Line Up 9.2%

Published on Thu, 08/11/2011 - 09:46
By FNNO Staff in General Interest, FXCM, business, fxcm, income, investment, market, news, shares, stocks, trade, trade business, News Update

Drew Niv, Chief Executive Officer of FXCM Inc said, "FXCM delivered solid results in the second quarter. In particular, we are pleased with growing client equity to $839.0 million - up 97% from a year-ago and up 31% just from Dece

business, fxcm, income, investment, market, news, shares, stocks, trade, trade business

FXCM (NASDAQ:FXCM) reported Q2 EPS of $0.19, ahead of consensus estimates of $0.16 per share. Revenues for the quarter rose 9.2% year-over-year to $103.4 million, topping consensus estimates of $97.4 million.

By FNNO Staff
fnnonline@gmail.com

InterActiveCorp CFO Thomas J. McInerney To Step Down

Published on Thu, 08/11/2011 - 09:42
By FNNO Staff in General Interest, IAC, business, iac, income, investment, market, news, shares, stocks, trade, trade business, News Update

There is no specific date set for his departure and McInenery will remain CFO through an appropriate transistion.

Mr. McInerney said, "I have been with the IAC family of companies for twelve years, and in my current position for the last six.

business, iac, income, investment, market, news, shares, stocks, trade, trade business

IAC (NASDAQ:IAC) announced that Thomas J. McInerney, EVP, and COO intends to leave the company at some point in the coming months, after 12 years with IAC.

By FNNO Staff
fnnonline@gmail.com

Bank of America's Heads of Global Research Joins Blackrock

Published on Thu, 08/11/2011 - 09:37
By FNNO Staff in General Interest, bac, bac, business, income, investment, market, news, shares, stocks, trade, trade business, News Update

Rosenberg began at Bank of America in 2002 after departing from Credit Suisse, where he was a director of U.S. investment-grade strategy.

Bank of America (NYSE:BAC) has a potential upside of 106.5% based on a current price of $6.77 and an average consensus analyst price target of $13.98.

bac, business, income, investment, market, news, shares, stocks, trade, trade business

Bloomberg reported that the head of global research of Bank of America (NYSE:BAC), Jeffrey Rosenberg left to join Blackrock Inc., according to a person familiar with the move, who declined to be identified because the announcement

By FNNO Staff
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Citigroup Lowered Its PT For Best Buy To $23, Maintained Its Sell Rating

Published on Tue, 08/09/2011 - 15:08
By FNNO Staff in General Interest, BBY, bby, business, income, investment, market, news, shares, stocks, trade, trade business, News Update

The bank sees 2012 EPS of $3.31, vs. consensus estimates of $3.49 per share, and 2013 EPS of $3.35, vs. consensus estimates of $3.72 per share.

Best Buy has a potential upside of 52.2% based on a current price of $24.26 and an average consensus analyst price target of $36.93.

bby, business, income, investment, market, news, shares, stocks, trade, trade business

Citigroup lowered its price target for Best Buy Co. (NYSE:BBY) to $23 from $27 and maintained its sell rating on the stock.

By FNNO Staff
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Tesla Motors Adds Four Executives To Assist With Expansion Production

Published on Tue, 08/09/2011 - 15:06
By FNNO Staff in General Interest, TM, tsla, business, income, investment, market, news, shares, stocks, tm, trade, trade business, TSLA, News Update

In a statement, the four appointees are Greg Reichow for powertrain operations; Peter Carlsson, supply chain; Ravi Simhambhatla, information technology; and John Hillegass, design and retail development.

Last month, Toyota agreed to pay Tesla about $100 million to supply battery packs and motors for use in Toyota's electric RAV4 SUV that goes out on sale in 2012.

Tesla Motors Inc (NASDAQ:TSLA) has a potenti

business, income, investment, market, news, shares, stocks, tm, trade, trade business, TSLA

Tesla Motors (NASDAQ:TSLA) hired four vice presidents as the car maker seeks to expand output, develop its Models S sedan model and aims to win a supply deal with Toyota (NYSE:TM).

By FNNO Staff
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Fed To Keep Rates Low Through Mid 2013

Published on Tue, 08/09/2011 - 14:52
By FNNO Staff in General Interest, business, federal reserve, income, investment, market, news, shares, stocks, trade, trade business, News Update

The action brought strong disagreement, as regional Fed presidents Richard Fisher, Narayana Kocherlakota and Charles Plosser objected to the new terminology.

Federal Reserve Chairman Ben Bernanke led seven voters in favor of the decision, which came as the central bank said it expects a slower pace of recovery than what it anticipated during the last meeting in late June.

The Fed also indicate

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On Tuesday the Federal Reserve put more clarity on what it means to hold interest rates low for an "extended period" of time, saying for the first time that it means "at least through mid-2013."

By FNNO Staff
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Options Report: August 9, 2011

Published on Tue, 08/09/2011 - 14:49
By FNNO Staff in General Interest, AVP, bx, CVI, DirecTV, esv, GCI, GD, OMX, RL, VMC, avp, business, bx, cvi, directv, esv, gci, gd, income, investment, market, news, omx, rl, shares, stocks, trade, trade business, vmc, Earnings Reports
avp, business, bx, cvi, directv, esv, gci, gd, income, investment, market, news, omx, rl, shares, stocks, trade, trade business, vmc

On the call side, General Dynamics (NYSE:GD) calls are trading over 15 times their average volume after the company secured a new contract with the U.S. Navy. OfficeMax (NYSE:OMX) calls are also very active today, trading over 13

By FNNO Staff
fnnonline@gmail.com

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