Market Overview

market update

  • Long Ideas, market update, S&P 500, See It Market, SPX, technical analysis

    S&P 500 Weekend Update: Technical Breakdown or Low Volume Takedown?

    Friday, July 6, 2012 - 5:51pm

    Holiday weeks are typically lazy and full of directional drifts that tend to move upward. The key word here being "tend". This week started like your average holiday week with the S&P 500 drifting above the key 1363 level on Monday and Tuesday and higher yet into and out of...

    Read More...
  • CFX, CWIXF, DTG, HWAY, market update, News

    Market Update

    Monday, April 23, 2012 - 9:54am

    Shares of Dollar Thrifty Automotive Group (NYSE: DTG) dropped about 0.5% after the company lifted the low end of the range of its Q1 profit forecast. It now expects profit of $1.30 to $1.40 per share, versus its earlier forecast of $1.15 to $1.40 per share. However, analysts were projecting...

    Read More...
  • DTSI, ERJ, FSLR, market update, News, SRSL

    Market Update

    Tuesday, April 17, 2012 - 9:33am

    Shares of SRS Labs Inc (NASDAQ: SRSL) surged about 34% after DTS Inc (NASDAQ: DTSI) announced its plans to buy SRS Labs in a cash-and-stock deal valued at around $148 million. The offer price values SRS at $9.50 per share, representing a 38.5% premium to SRS Labs' closing price on Monday. Shares...

    Read More...
  • FTK, market update, News, OPWV, REN, REXX

    Market Update

    Monday, April 16, 2012 - 9:33am

    Shares of Rex Energy Corp (NASDAQ: REXX) gained about 1.6% after the company reported a jump in its first-quarter production volumes. Rex Energy's Q1 daily production rate surged 120% to average 60.7 million cubic feet equivalent per day. It projects to record Q1 charges of around $0.6 million....

    Read More...
  • HTGC, market update, MMS, News, RRC, TSCO

    Market Update

    Thursday, April 12, 2012 - 1:39pm

    Shares of Tractor Supply Corp (NASDAQ: TSCO) gained about 6.2% after the company issued upbeat earnings forecast for the first quarter. It projects to report Q1 earnings of $0.53 to $0.55 per share, versus analysts' estimates of $0.32 per share. Tractor Supply lifted its 2012 profit forecast to $3....

    Read More...
  • HTGC, market update, MMS, News, RRC, TSCO

    Market Update

    Thursday, April 12, 2012 - 9:47am

    Shares of Tractor Supply Corp (NASDAQ: TSCO) gained about 2.5% after the company issued upbeat earnings forecast for the first quarter. It projects to report Q1 earnings of $0.53 to $0.55 per share, versus analysts' estimates of $0.32 per share. Tractor Supply lifted its 2012 profit forecast to $3....

    Read More...
  • BDX, DHR, GLW, market update, News, SNE

    Market Update

    Tuesday, April 10, 2012 - 9:36am

    Shares of X-Rite Inc (NASDAQ: XRIT) surged about 38.7% after Danaher Corp (NYSE: DHR) announced its plans to buy X-Rite for $467.8 million. Danaher will offer $5.55 per share to buy X-Rite, represting a 39% premium to the stock's last closing price. Shares of Sony Corp (NYSE: SNE) fell about 7.8...

    Read More...
  • GBX, market update, News, OPTR, SPLS, UMC

    Market Update

    Monday, April 9, 2012 - 9:40am

    Shares of United Microelectronics Corp (NYSE: UMC) rose about 0.6% after the company reported a 14.6% y/y drop in its March sales. UMC's said on its website it posted sales of T$8.19 billion ($277.63 million) in March, down from T$9.58 billion in the year-ago period and versus T$7.52 billion in the...

    Read More...
  • DDAIY, market update, MON, News, TCPC, WAG

    Market Update

    Wednesday, April 4, 2012 - 9:48am

    Shares of Walgreen Co (NYSE: WAG) dropped about 0.8% after the company reported a 1.2% rise in its March same-store sales. Walgreen's total sales for March dropped 4.3% y/y to$6.02 billion. Its pharmacy sales declined 8.4%, while same-store pharmacy sales fell 11.1%. TCP Capital Corp (NASDAQ: TCPC...

    Read More...
  • CMVT, ENMD, ENSG, market update, News, SIAL

    Market Update

    Tuesday, April 3, 2012 - 9:34am

    Shares of Sigma-Aldrich Corp (NASDAQ: SIAL) dropped about 0.5% after the company reported that it has acquired biomedical supplier Research Organics Inc. The terms of the deal were not undisclosed. Shares of Comverse Technology Inc (NASDAQ: CMVT) fell about 4.4% after the company reported a...

    Read More...
  • DSCI, market update, News, PTR, TMP, Markets

    Market Update

    Thursday, March 29, 2012 - 11:03am

    Shares of Derma Sciences Inc (NASDAQ: DSCI) dropped about 2% after the company announced its plans to acquire MedEfficiency Inc, manufacturer of the TCC-EZ™ Total Contact Cast system, for $14.5 million in cash. Shares of Tompkins Financial Corporation (NYSE: TMP) dropped about 1.3% after the...

    Read More...
  • CLVS, KORS, market update, News, PCTI, PGH

    Market Update

    Friday, March 23, 2012 - 11:30am

    Shares of Clovis Oncology Inc (NASDAQ: CLVS) gained about 1.48% after the company announced a proposed underwritten public offering of $75 million of shares of its common stock. Shares of Pengrowth Energy Corp (NYSE: PGH) fell about 1.41% after the company announced its plans to buy NAL Energy...

    Read More...
  • AGEN, AKS, ARGN, market update, News, SI

    Market Update

    Tuesday, March 20, 2012 - 9:36am

    Shares of AK Steel Holding Corporation (NYSE: AKS) dropped about 2.9% after the company reported that that its subsidiary, AK Steel Corporation has priced a public offering of $300 million of 8.375% senior notes due 2022. The offering size was lifted to $300 million from the earlier announced $250...

    Read More...
  • ABVT, ACH, IOC, market update, News, QRE

    Market Update

    Monday, March 19, 2012 - 9:35am

    Shares of InterOil Corp (NYSE: IOC) rose about 2.2% after the company swung to a fourth-quarter profit. InterOil posted a quarterly profit at $13.2 million, or $0.27 per share, verus a year-ago loss of $34.8 million, or $0.76 per share. InterOil's revenue jumped 49% to $289.6 million. InterOil's...

    Read More...
  • DELL, GS, market update, News, XLNX, Markets

    Market Update

    Tuesday, March 13, 2012 - 9:33am

    Shares of Xilinx Inc (NASDAQ: XLNX) gained about 0.6% after the company declared a quarterly cash dividend of $0.22 per share, up from $0.19 per share in each of the immediately preceding four quarters. Shares of Goldman Sachs (NYSE: GS) gained about 1.4% after the bank raised its three-month...

    Read More...
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo