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Golden Dragon ETF On Fire After China's Currency Call.
In trading on Monday, the PowerShares Golden Dragon Halter USX China Portfolio ETF
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Pac Sun Wipes Out As Apparel Stores Stumble.
Lagging the market Monday were apparel stores shares, down on the day by about 1.8% as a group, led ...
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Steel Shows Its Strength.
In trading on Monday, steel & iron shares were relative leaders, up on the day by about 2.7%. Leading the group were sh...
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No Pop For Corn Products After Announcing Takeover.
Corn Products International announced today that it has entered into a definitive agreement ...
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Prospect Captial Cuts Its Dividend.
After the bell on Friday, Prospect Capital announced it would cut its quarterly dividend from 41 cents per sh...
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Citi Has No Reservation Downgrading OpenTable.
This morning, Goldman Sachs downgraded shares of Lazard from buy to neutral as M&A activity slows....
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Biovail And Valeant Get Together, Plus A Big Pasta Buyout.
Valeant and Biovail announced that both companies boards of directors have unanimously...
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NRG Builds Presence In Solar Energy.
NRG Energy said Monday it will buy a portfolio of solar development projects in California and Arizona from...
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Tanking Tech Shares Sap Yuan-Driven Rally.
Wall Street's winning streak came to a surprising end Monday, with the major indexes finishing in the ...
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Goldman Puts PEG On Conviction Buy List.
This morning, Credit Suisse upgraded shares of Kforce from neutral to outperform as the recovery in temp...
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Street Surrenders Gains As Yuan Appreciation Rally Wilts.
U.S. stocks came back down to earth Monday afternoon, following an opening surge built ...
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Yuan News Leaves Currency ETFs Mixed.
China has said it will allow its yuan to trade more freely versus the dollar, which could reduce the threat...
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Ralcorp Makes Pasta Play.
Ralcorp, the producer of Post-branded cereals and other food products, said Monday it would acquire American Italian P...
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ITT Makes A Splash With Water Pump Deal.
Water pump engineering and manufacturing company ITT said Monday it has agreed to acquire privately held...
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California Pizza Kitchen Takes A Pie In The Face.
California Pizza Kitchen cut its guidance sharply for the second quarter today, leading to a 1...
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Wave Of Bookings Keeps Cruise Lines Afloat.
Cruise line reservation trends seem to be sailing along this month following a sluggish May. Reservat...
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Preferred Stock ETF Peps Up In Volume But Not Price.
The SPDR Preferred Stock ETF is seeing unusually high volume in afternoon trading Monday, wi...
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Stocks Slip On Greece, But Dow Stays Green.
After opening moderately higher U.S. equities were teetering at midday Monday on concerns that aid pa...
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Everybody's Happy As Hertz Carpools With Dollar Thrifty.
The worlds largest car rental company, Hertz Global Holdings, is riding high after...
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Merck To Market Nycomed Drug.
Merck and Swiss pharma company Nycomed have agreed to jointly market Nycomed's drug Daxas in Canada and Europe, an...
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