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SolarCity Lowers Pricing on IPOSolarCity Lowers Pricing on IPOSolarCity Corp, the top U.S. installer of residential solar systems, is delaying its initial public offering. The company said it is expecting a lower pricin...
Urban Outfitters Sees Better Fourth Quarter Sales; Sparks Catalogue ControversyUrban Outfitters Sees Better Fourth Quarter Sales; Sparks Catalogue ControversyUrban Outfitters (NASDAQ:URBN) in the news after it announced yesterday its fourth-quarter same-store sales are up as the holiday season continues. So far, n...
Joy Global Reports Good Fourth Quarter Earnings, Negative on OutlookJoy Global Reports Good Fourth Quarter Earnings, Negative on OutlookJoy Global (NYSE:JOY) seeing green during the fourth quarter. The company reported its earnings this morning, posting earnings per share of $1.94, higher tha...
BHP Billiton Sells Stake in Australian Project To PetroChinaBHP Billiton Sells Stake in Australian Project To PetroChinaBHP Billiton (NYSE:BHP) striking a deal with PetroChina over a natural gas project in Australia. The energy and mining company agreed to sell a minority stak...
Costco Posts Excellent First Quarter ResultsCostco Posts Excellent First Quarter ResultsCostco (NASDAQ:COST) announcing excellent first quarter earnings going into a busy holiday season. The wholesale retailer posted earnings per share of 95 cen...
Fed Could Announce New StimulusFed Could Announce New StimulusMore stimulus could be coming from the U.S. Federal Reserve today, as it is set to announce a new round of bond buying. Many expect the Fed to expand on its ...
Infinity Pharmaceuticals Soared on New Cancer DrugInfinity Pharmaceuticals Soared on New Cancer DrugInfinity Pharmaceuticals (NASDAQ:INFI) popular in today's session after shares of the company surged to their highest level in a decade yesterday. The compan...
HSBC Paying $1.9 Billion Money Laundering SettlementHSBC Paying $1.9 Billion Money Laundering SettlementHSBC (NYSE:HSBC) paying a record $1.9 billion settlement with the U.S. authorities over a money-laundering investigation. The British bank was dealing with U...
U.S. Government Selling Remaining Shares of AIGU.S. Government Selling Remaining Shares of AIGThe U.S. government is done with American International Group (NYSE:AIG). Today marks the last sale of AIG shares, with the Treasury Department selling 234.2...
WebMD to Cut 250 Jobs to Save On CostsWebMD to Cut 250 Jobs to Save On CostsHealth information website WebMD (NASDAQ:WBMD) announced a slew of job cuts this morning. The company said it will be cutting 250 jobs or 14 percent of its w...
Unipixel Stock Gaining On New Business DealUnipixel Stock Gaining On New Business DealUniPixel Inc. (NASDAQ:UNXL) continuing its upward momentum today as it still rides on some good business news. The company announced Friday it reached a deal...
Delta Buys Large Stake in Virgin AtlanticDelta Buys Large Stake in Virgin AtlanticDelta Air Lines (NYSE:DAL) making the official announcement it will be buying a 49 percent stake in Virgin Atlantic from its owner Singapore Airlines. The de...
AMD Could Be Cutting Jobs Amid Possibly Lower Earnings ResultsAMD Could Be Cutting Jobs Amid Possibly Lower Earnings ResultsAdvanced Micro Devices (NYSE:AMD) could be announcing a slew of layoffs as early as next week. Bloomberg reports, citing a person with knowledge of the matte...
Retail Sales Jump 1.1% in SeptemberRetail Sales Jump 1.1% in SeptemberRetail sales in the U.S. rose in September, giving Wall Street some hope that the economy is continuing to recover. According to the Commerce department, sal...
Gannett Posts Better Than Expected Third Quarter ResultsGannett Posts Better Than Expected Third Quarter ResultsGannett (NYSE:GCI) reported its third quarter earnings this morning, beating Wall Street expectations. The media company posted EPS of 56 cents, higher than ...
Microsoft Announces X-Box MusicMicrosoft Announces X-Box MusicMicrosoft's (NYSE:MSFT) is getting rid of its Zune music service for something different. The software company announced Xbox Music. The service will run on ...
Citigroup Beats the Street on Third Quater EarningsCitigroup Beats the Street on Third Quater EarningsCitigroup (NYSE:C) reporting its third quarter earnings this morning. The bank posted EPS of $1.06, beating analyst estimates of 96 cents a share. Revenue fo...
Sprint Being Acquired by Softbank for $20.1 BillionSprint Being Acquired by Softbank for $20.1 BillionWireless phone company Sprint (NYSE:S) is getting a new owner. 70 percent of the mobile carrier will be bought by Softbank Corp. for about $20.1 billion. The...
Constellation Brands Reports Mixed Second Quarter resultsConstellation Brands Reports Mixed Second Quarter resultsConstellation Brands (NYSE:STZ) reporting their second quarter results this morning. The wine company posted EPS of 71 cents, higher than the 54 cents analys...
Avon Products Executive Chairman Stepping DownAvon Products Executive Chairman Stepping DownAvon Products (NYSE:AVP) seeing a boost in today's trading, as Executive Chairman Andrea Jung announced she will be stepping down. She will leave Avon's boar...
Zynga Stock Down on Disappointing Q3 Earnings ForecastZynga Stock Down on Disappointing Q3 Earnings ForecastZynga (NASDAQ:ZNGA) falling on Wall Street after releasing its preliminary third quarter results yesterday. The software gaming company predicting a net loss...
Canada Sees Unemployment Rate Increase in SeptemberCanada Sees Unemployment Rate Increase in SeptemberWhile the United States may have received some heartening employment rate news for September, the same can not be said for Canada. The country reported job g...
The Wet Seal Replaces Four Board MembersThe Wet Seal Replaces Four Board MembersClothing brand The Wet Seal Inc. (NASDAQ: WTSLA) is in the midst of a leadership shakeup. The company has announced today that four of its member of the boar...
Unemployment Rate Falls to 7.8% on New Jobs ReportUnemployment Rate Falls to 7.8% on New Jobs ReportThis close to the election, it seems that any economic data is politically important, and the monthly jobs report is no exception. The Department of Labor re...
Express Stock Falls After Cutting Q3 ForecastExpress Stock Falls After Cutting Q3 Forecasthttp://www.mysmartrend.com Express Inc. (NYSE:EXPR) updating its outlook for the third quarter. The retail chain no sees net income in the range of $14 milli...
Zumiez Reports Over 18% Increase in September SalesZumiez Reports Over 18% Increase in September Saleshttp://www.mysmartrend.com Sports apparel retailer Zumiez (NASDAQ:ZUMZ) reporting its September sales this morning, posting an increase of 18.6%. Net income ...
Tyco and ADT Doing Well on Wall Street After Spin OffTyco and ADT Doing Well on Wall Street After Spin OffTyco International (NYSE:TYC) and its spin off ADT (NYSE:ADT) seems to be getting a warm welcome on Wall Street. Both were up over 3% on Monday and look to i...
American Airlines Grounds 8 Flights Over Safety ConcernsAmerican Airlines Grounds 8 Flights Over Safety Concernshttp://www.mysmartrend.com American Airlines having more trouble with its aircraft as it announces the grounding of eight planes for inspection. This comes a...
NY Attorney General Suing JP Morgan Over Mortgage SecuritiesNY Attorney General Suing JP Morgan Over Mortgage Securitieshttp://www.mysmartrend.com JP Morgan (NYSE:JPM) dealing with a lawsuit from the New York Attorney General Office this morning. It is suing the big bank for a...
Chrysler September Sales 12% HigherChrysler September Sales 12% Higherhttp://www.mysmartrend.com Chrysler announced its sales for September, posting a 12% increase in the month. This is the automaker's best September since 2007...
Honda Recalls 572,000 Additional VehiclesHonda Recalls 572,000 Additional VehiclesHonda expanded its power steering hose recall from May on Saturday, adding close to 572000 cars to the pool. Model year 2003 through 2007 Honda Accord V6 ve...
Workday Files for $546 Million IPOWorkday Files for $546 Million IPOSoftware company Workday looking to go public. The business, which focuses on software that helps manage office operations, filed an initial public offering ...
Visteon Names New CEOVisteon Names New CEOVisteon Corp. (NYSE:VC) naming a new chief executive officer this morning. Former Dura Automotive CEO Timothy Leuliette will be the auto parts new leader. He...
Xstrata Shareholders Approve Glencore Acquisition BidXstrata Shareholders Approve Glencore Acquisition BidXstrata board members approved the $33 billion bid from Glencore today, finally listening to the company's investors. After months of talks and negotiations ...
Honeywell to Acquire Controlling Stock in Thomas Russell Co.Honeywell to Acquire Controlling Stock in Thomas Russell Co.Conglomerate Honeywell International (NYSE: HON) said Monday it has entered into an agreement to buy a 70% stake in the privately-owned Thomas Russell Co. Th...
Smartrend Update: Abercrombie & Fitch Trend AlertSmartrend Update: Abercrombie & Fitch Trend AlertWelcome to your Smartrend Update, from mysmartrend.com, where you can get more actionable trend alerts on stocks every day to help you trade and make money. ...
Smartrend Update: Books-A-Million Trend AlertSmartrend Update: Books-A-Million Trend AlertWelcome to your Smartrend Update, from mysmartrend.com, where you can get more actionable trend alerts on stocks every day to help you trade and make money. ...
3M to Buy Ceradyne Inc.3M to Buy Ceradyne Inc.3M (NYSE: MMM) announced it has agreed to acquire ceramics company Ceradyne, Inc.. The deal will value Ceradyne stock at $35 per share, making for a total of...
Fandango Appoints New PresidentFandango Appoints New PresidentMovie ticket website Fandango has a new president today as Paul Yanover has been appointed to the newly created position. Yanover is a former executive from ...
American Express Subsidiaries Refunding $85 Million to CustomersAmerican Express Subsidiaries Refunding $85 Million to CustomersCredit card company American Express (NYSE:AXP) announced the finalization of several settlements with regulatory agencies resulting in $85 million in refund...
Macys Announces it Will Hire 80,000 Seasonal EmployeesMacys Announces it Will Hire 80,000 Seasonal EmployeesAnother retailer coming out with its hiring numbers for the holiday season. Macy's (NYSE:M) is falling in line with the rest of America's big box stores, say...
Integrys Energy to Buy Fox Energy CompanyIntegrys Energy to Buy Fox Energy CompanyThe Wisconsin Public Service Corporation, a subsidiary of Integrys Energy Group, has announced that it will buy Fox Energy Company for $440 million. The purc...
Cal-Maine Reports First Quarter EarningsCal-Maine Reports First Quarter EarningsCal-Maine Foods Inc. (NASDAQ: CALM) reported its first quarter earnings today. The Egg producer and shipper saw a net profit for the quarter of $9.4 million,...
Fairway Market Files for IPOFairway Market Files for IPOA small grocery store chain in New York City is going public. Fairway Group Holdings, the holding group for the popular Fairway Market stores, filed for its ...
Toys R Us Hiring 45,000 Seasonal Employees, Up From Last YearToys R Us Hiring 45,000 Seasonal Employees, Up From Last YearToys R Us is the latest retailer anticipating a big holiday season this year. The company announced it will be hiring 45000 seasonal employees, up 15 percen...
Downgrade Alert for Deutsche TelekomDowngrade Alert for Deutsche TelekomDeutsche Telekom (NASDAQ:DTEGY) was downgraded from Buy to Hold at Jefferies today. The stock closed yesterday at $12.88 on volume of 253000 shares, below a...
Upgrade Alert for SafewayUpgrade Alert for SafewaySafeway (NYSE:SWY) was upgraded from Market Perform to Outperform at BMO Capital today. The stock closed yesterday at $15.94 on volume of 4.6 million shares,...
Staples Closing Stores in New Strategic PlanStaples Closing Stores in New Strategic PlanStaples (NASDAQ:SPLS) announcing a slew of store closures to begin a new strategic business plan. The office products company announced it will be speeding u...
Caterpillar Cuts 2015 Profit ForecastCaterpillar Cuts 2015 Profit ForecastCaterpillar (NYSE:CAT) lowered its profit forecast for 2015 to $12 to $18 per share, from $15 to $20 per share previously. The construction equipment maker a...
Smartrend Update: U.S. Steel Trend AlertSmartrend Update: U.S. Steel Trend AlertWelcome to your Smartrend Update, from mysmartrend.com, where you can get more actionable trend alerts on stocks every day to help you trade and make money. ...