By FNN Staff
root@fnn-online.com

Videos

  •      10:11 AM Dole Food's Gaining on Sale of Packaged Food Business

    Dole Food Company (NYSE:DOLE) gaining this morning on news the company will be selling its packaged foods and Asia fresh produce business for $1.69 billion. ITOCHU Corporation will be buying the businesses which produces Dole's canned pineapple and other produce specifically sold in Asian...

  • 04:03 PM Discover Financial Services Downgraded from Buy to Hold

    Discover Financial Services (NYSE:DFS) was downgraded from Buy to Hold at Stifel Nicolaus today. The stock closed yesterday at $39.31 on volume of 5.1 million shares, above average daily volume of 3.5 million.

    Discover has an overhead space with shares priced $39.31, or 1.9% below the...

  • 04:03 PM Valero Energy Downgraded from Buy to Neutral

    Valero Energy (NYSE:VLO) was downgraded from Buy to Neutral at Citigroup today. The stock closed yesterday at $33.75 on volume of 11.6 million shares, above an average daily volume of 9.3 million.

    There is a potential upside of 14.8% for shares of Valero Energy based on a current price of...

  • 03:56 PM Hasbro Downgraded from Buy to Hold

    Hasbro (NYSE:HAS) was downgraded from Buy to Hold at Stifel Nicolaus today. The stock closed yesterday at $39.96 on volume of 1.7 million shares, above average daily volume of 1.1 million.
    Over the past year, Hasbro has traded in a range of $31.36 to $39.98 and closed yesterday at $39.96,...

  • 03:55 PM International Paper Downgraded from Buy to Neutral

    International Paper (NYSE:IP) was downgraded from Buy to Neutral at Longbow today. The stock closed yesterday at $35.52 on volume of 5.7 million shares, above an average daily volume of 4.0 million.

    In the past 52 weeks, shares of International Paper have traded between a low of $21.55...

  • 03:55 PM iPhone 5 Orders Surpass 2 Million in First 24 Hours

    Everyone knows that a new iPhone means a sales bonanza, and the iPhone 5 is no different. The new tech device surpassed 2 million orders in its first 24 hours. According to Bloomberg, that's more than double what the iPhone 4 did in its first 24 hours.
    The new iteration of the iPhone has...

  • 03:40 PM Occupy Wall Street Turns 1 Year Old

    Believe it or not, it was a year ago today that activists began the Occupy Wall Street movement in New York City. To mark the occasion, protestors stormed the surrounding areas of the New York Stock Exchange.

    The movement has a smattering of grievances with the financial system, focusing...

  • 03:40 PM Waste Connections to Buy R360 Environmental Solutions

    Waste services company Waste Connections Inc. (NYSE: WCN) has said it will be buying R360 Environment Solutions for $1.3 billion. According to Bloomberg, The acquisition will see Waste Connections move into oil waste management services in the Permian, Bakken, and Eagle Ford fields.

    R360...

  • 03:40 PM Wells Fargo Downgraded from Buy to Hold

    Wells Fargo (NYSE:WFC) was downgraded from Buy to Hold at Stifel Nicolaus today. The stock closed yesterday at $36.13 on volume of 42.0 million shares, above average daily volume of 18.8 million.

    Wells Fargo share prices have moved between a 52-week high of $36.60 and a 52-week low of $22...

  • 10:21 AM Lowe's Retracts Proposal to Buy Rona Inc.

    According to Reuters, Lowe's Companies Inc. (NYSE: LOW) has withdrawn its proposal to buy Quebec's Rona Inc. The deal would have cost Lowe's $1.86 billion.

    Rona, like its former suitor Lowe's, is a home improvement chain based in Canada. The deal was rebuffed by numerous groups from Rona...