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Company News for March 18, 2010 - Corporate Summary

Posted on 03/18/10 at 9:31am
• Citigroup (NYSE:C) downgraded financial shares from "overweight" to "neutral," warning that early-cycle gains in financial sector shares, up 63% over the past year, may fade heading into the bull market's second year
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Stock Market News for March 18, 2010 - Market News

Posted on 03/18/10 at 9:16am
U.S. stock market hit a fresh 17-month high Wednesday, with the Dow average registering its seventh straight advance, as a tame wholesale inflation data and hopes that borrowing costs would remain at historic lows for some time gave investors a sense of contentment. 
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US Stock Futures Mixed (PFE, TEVA, GSK, NKE, NVS, FDX)

Posted on 03/18/10 at 9:04am
US stock futures were mixed today as investors got fidgety on concerns surrounding the duration of a recent rally. The reluctance of Eurozone nations to support debt-reduction initiatives in Greece also heightened investor concerns. While futures on S&P 500 lost 1.2 points to 1,159.80, those on Nasdaq 100 moved down half a point to 1,933.50.
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Comtex SmarTrend(R) Morning Call -- March 18, 2010

Posted on 03/18/10 at 8:18am
Stocks gained more Wednesday following a mild February inflation report, which was consistent with the Fed's reiterated pledge of continuing low interest rates. The DJIA climbed 44 points to close at 10,734, breaking above resistance at 10,724.
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Australian Court Rules Against JP Morgan (JPM) On Dispute Over Advisory Fees

Posted on 03/18/10 at 7:35am
According to a report by the Financial Times, JP Morgan (NYSE: JPM) lost a dispute over advisory fees, which related to a takeover defense, after an Australian court dismissed the case on Thursday.
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Novatel Wireless and WSA Distributing Announce Strategic Distribution Partnership

Posted on 03/18/10 at 7:33am
Novatel Wireless and WSA Distributing Announce Strategic Distribution Partnership Leading Wireless Broadband Access Solutions to be Offered by WSA Distributing PR Newswire SAN DIEGO, March 18
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Hartford Financial Services Plans To Raise As Much as $2.25 Billion By Selling Shares (HIG)

Posted on 03/18/10 at 7:24am
3/18/2010- Hartford Financial Services (NYSE: HIG) said it plans to raise as much as $2.25 billion by selling shares to repay the U.S. government rescue, according to a Bloomberg report. The company will sell about 52.3 million common shares at $27.75 per share and 20 million preferred shares at $25.
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Bank on Texas with Texas Capital Bancshares (TCBI)

Posted on 03/18/10 at 6:30am
The black cloud hanging over the financial services sector for much of the past two years is beginning to evaporate. Financial stocks rallied recently, and wise investors are giving the sector a fresh look.
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Chartpoppers.com releases a Investment Overview on American Express Company (NYSE: AXP)

Posted on 03/18/10 at 3:00am
(CHARTPOPPERS.COM, March 18, 2010 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company American Express Company (NYSE: AXP)
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