Videos - Sector Updates

  •      04:02 PM Financial Sector Update: February 25, 2011

    Financial shares are mostly higher while Goldman Sachs (GS) knocks Citigroup (C) off its "Conviction Buy" list and adds Wells Fargo (WFC). Wells Fargo shares were upgraded to "buy" from "neutral," while Citigroup was downgraded to "neutral" from "Conviction Buy," citing a lack of near-term...

  • 03:51 PM Consumer Sector Update: February 25, 2011

    Consumer shares are higher in mid-day trading while Coach (COH) says its chief financial officer is planning to retire after almost a decade. Crocs (CROX) said late Thursday Q4 sales were $179.2 million and it earned a nickel per share. Analysts on average were expecting earnings of $0.02 a...

  • 03:50 PM Tech Sector Update: February 25, 2011

    Technology shares are higher in mid-session trading as the sector gets a lift from enterprise cloud computing applications provider Salesforce.com (CRM), which jumped 3.65% after reporting December quarter results. The company is still supported by positive results released yesterday. It posted...

  • 10:25 AM Sector Update: Consumer - February 24, 2011

    Consumer shares are mostly down in Thursday's pre-market. The sector is packed with action today, with news from heavyweights such as Dish Network (DISH), IMAX Corp. (IMAX) and Target Corp. (TGT).

    Sears Holdings Corp. (SHLD) is up 2%, buoyed by 2010 fourth quarter adjusted EPS of $3.67...

  • 10:15 AM Sector Update: Healthcare Mixed, Small Caps Seeing Pre-Bell

    Healthcare stocks show mixed direction this morning. But some big declines are seen from Salix Pharmaceuticals, Ltd. (SLXP) and HeartWare International, Inc. (HTWR)

    Salix is plunging 22% in pre-market trade, after announcing that based on a telephone conversation with the U.S. FDA held...

  • 08:23 AM Oil Surges Above $100, Gold Rises on Inflation Worries

    Light sweet crude for April delivery gained $2.88 to $100.98 this morning, as investors worry that the unrest in Libya could spread to bigger oil producers, most notably, Saudi Arabia.

    Based on Reuters figures, unrest in the world's 12th-biggest exporter cut the country's output by 400,...

  • 01:43 PM Financial Sector Report: February 23, 2011

    Sunesis Pharmaceuticals, Inc. (SNSSD) is up 13% in pre-market trading following the company's announcement that vosaroxin, its lead drug candidate, has been granted Fast Track designation by the U.S. Food and Drug Administration (FDA) for the potential treatment of relapsed or refractory acute...

  • 12:02 PM Healthcare Sector Report: February 23, 2011

    Sunesis Pharmaceuticals, Inc. (SNSSD) is up 13% in pre-market trading following the company's announcement that vosaroxin, its lead drug candidate, has been granted Fast Track designation by the U.S. Food and Drug Administration (FDA) for the potential treatment of relapsed or refractory acute...

  • 11:09 AM Consumer Sector Update: February 23rd, 2011

    The consumer sector has significant news coming out this morning; and shares show mixed directions.

    Lowe's Companies, Inc. (LOW) is down 3%, even after posting better-than-expected 2010 Q4 results. The company posted EPS of $0.21, ahead of the analyst consensus of $0.18 per share on...

  • 10:49 AM Technology Sector Report: February 23rd, 2011

    Technology heavyweights are generally up this morning. But the rise is capped by Garmin and Hewlett-Packard declines.

    Garmin Ltd.(GRMN) is down 6% this morning, hit by lower-than-expected 2010 Q4 earnings. The navigation provider posted EPS of $0.83, vs. the analyst consensus of $0.88...