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Market Overview

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Jeff Uscher

Benzinga Staff Writer

December 11, 2012 1:43 PM
WebMD (Nasdaq: WBMD), a provider of health information over the internet, announced that it will cut its workforce by 14 percent (or 250 jobs) in an e ...
December 11, 2012 12:12 PM
The U.S. government said Monday night it will sell the last of its shares in American International Group (NYSE: AIG), releasing AIG from the Troubled ...
December 10, 2012 3:17 PM
The Canadian government's decision to approve China's government-owned energy company, Cnooc's (NYSE: CEO) takeover of Nexen (NYSE: NXY) puts an end t ...
December 10, 2012 1:24 PM
The decision late last month to delay the introduction of new capital requirements for large banks may keep bank share prices under a cloud of uncerta ...
December 07, 2012 4:08 PM
Discount retailer Big Lots (NYSE: BIG) has been sold off sharply following news that the Securities and Exchange Commission (SEC) and the Federal Bure ...
December 07, 2012 3:02 PM
Regal Entertainment Group (NYSE: RGC) shares are sharply lower following a downgrade by Piper Jaffray before market open on Friday. Senior Analyst Jam ...
December 06, 2012 10:30 AM
Beleaguered commodity trader Olam International (OTC: OLMIY), which has been under fire from short seller Muddy Waters, fell to its lowest level since ...
December 06, 2012 9:12 AM
There are a number of reasons for Apple's (Nasdaq: AAPL) precipitous decline on Wednesday. Benzinga discussed the rumor that a securities clearinghous ...
December 05, 2012 2:16 PM
Tuesday's news that Qualcomm (Nasdaq: QCOM) would make an equity investment of up to $120 million in Japan's ailing LCD panel maker Sharp (OTC: SHCAY) ...
December 05, 2012 1:33 PM
Chinese shares, represented by the Shanghai Composite Index, rallied nearly 2.9% Wednesday after hitting a 42-month low just a few days ago. A numbe ...
December 04, 2012 10:58 AM
Wynn Resorts (Nasdaq: WYNN) and Las Vegas Sands (NYSE: LVS), which operate casino resorts in the Chinese city of Macau, are down in early trading Tues ...
December 04, 2012 8:49 AM
Embattled commodity firm Olam International (OTC: OLMIY) said today that it is seeking to raise US$1.25 billion by issuing $750 million in corporate b ...
December 03, 2012 12:23 PM
Deckers Outdoor (Nasdaq: DECK) is up about 7% in early trading following an upgrade by Sterne Agee analyst Sam Poser. Deckers, which markets the UGG ...
December 03, 2012 9:55 AM
Dish Network (Nasdaq: DISH) declared a special dividend of $1.00 per share payable to shareholders of record as of December 14, 2012. The dividend wil ...
November 30, 2012 3:46 PM
Parents in Japan scare their children by telling them that they will one day grow up to head the Bank of Japan (BoJ). Current BoJ governor, Masaaki ...
November 30, 2012 12:27 PM
Specialty retailer Five Below (Nasdaq: FIVE) announced third quarter earnings after the close on Thursday. Sales were up 39.9% to $86.6 million, as sa ...
November 29, 2012 2:18 PM
Jewelry retailer Tiffany (NYSE: TIF) reported disappointing third quarter numbers today. Third quarter net earnings declined by 30 percent to $63 mill ...
November 29, 2012 12:59 PM
The Commerce Department released its first revision of third quarter GDP on Thursday. It showed that the U.S. economy grew at an annual rate of 2.7 pe ...
November 29, 2012 9:53 AM
Green Mountain Coffee Roasters (Nasdaq: GMCR) panicked short sellers after it reported better than expected revenue and earnings for the fourth quarte ...
November 28, 2012 1:30 PM
Taiwan Semiconductor Manufacturing (NYSE: TSM) is gearing up to produce of microprocessors for Apple's (Nasdaq: AAPL) next generation of iPads startin ...
November 28, 2012 9:25 AM
Short seller Muddy Waters first asserted that Singapore-based agricultural commodity trader, Olam International Ltd (OTC: OLMIY), had misled investors ...
November 27, 2012 12:22 PM
The Commerce Department released durable goods orders for October showing orders up slightly to $216.9 billion following a 9.2 percent increase in Sep ...
November 26, 2012 3:53 PM
Governor of the Bank of Canada, Mark Carney, has been tapped to head the Bank of England when BoE governor Mervyn King's term ends in June 2013. Carne ...
November 26, 2012 1:06 PM
Olam International Ltd. (OTC: OLMIY), a Singapore-based agricultural commodity trading company, is fighting charges by Muddy Waters LLC, a Hong Kong- ...
November 23, 2012 1:22 PM
The HSBC China Flash Purchasing managers Index, a widely followed indicator of future economic activity in China, came in above the 50 level, the divi ...
November 23, 2012 1:02 PM
Molycorp (NYSE: MCP) shares were trading sharply higher, up more than 19 percent near the close of light, post-holiday trading. There is no specific n ...
November 23, 2012 11:54 AM
South Korea's currency, the won, has been rising against the currencies of its major trading partners, China, the United States, the European Union an ...
November 21, 2012 3:28 PM
Japan's Ministry of Finance reported Wednesday that Japan's trade deficit for October was 549 billion yen ($6.7 billion), the fourth consecutive month ...
November 21, 2012 1:34 PM
Cirrus Logic (Nasdaq: CRUS) shares were sharply higher at the open on Wednesday following an announcement that the company's board of directors has au ...
November 20, 2012 12:55 PM
Shoe retailer DSW (NYSE: DSW) reported third quarter earnings before the open this morning, beating analyst earnings per share estimates by $0.13, rep ...