Latest Articles

Mid-Morning Market Update: Markets Edge Lower, FedEx Posts Upbeat Profit

6/19/2013, 10:32 am from Benzinga in Investing, Commodities, Economy, International

Following the market opening Wednesday, the Dow traded down 0.17 percent to 15,292.21 while the NASDAQ declined 0.06 percent to 3,480.22. The S&P also fell, dropping 0.18 percent to 1,648.87. Top Headline FedEx (NYSE: FDX ) reported a drop in its fourth-quarter profit. FedEx's quarterly profit declined... Read >>

Kroger Attains New High Before Earnings - Analyst Blog

6/19/2013, 10:31 am from Zacks.com in Investing, Business, Earnings, Stocks

Investors appear enthusiastic and optimistic about The Kroger Company 's ( KR ) earnings results to be announced on Thursday, with shares of this Zacks Rank #2 (Buy) stock surging to attain a new 52-week high of $35.56 yesterday, before closing at $35.52, up 1% from the previous day's session. The stock... Read >>

Stock Offering by Gladstone Commercial - Analyst Blog

6/19/2013, 10:30 am from Zacks.com in Investing, Business, Stocks

Gladstone Commercial Corp . ( GOOD ) declared an underwritten public offering of 1.1 million shares. Additionally, this real estate investment trust anticipates the underwriters to be provided with a 30-day option to purchase up to an additional 165,000 common shares to cover any over-allotments. The... Read >>

Hormel Cuts FY13 Guidance - Analyst Blog

6/19/2013, 10:30 am from Zacks.com in Investing, Business, Stocks

After reporting a year-over-year increase in earnings for fiscal second quarter of 2013, food products company, Hormel Foods Corporation ( HRL ) expects its performance in the second half of the year to drop.   Hormel recently reduced its earnings per share guidance for fiscal 2013 to the range of... Read >>

Whirlpool's KitchenAid Inks Deal - Analyst Blog

6/19/2013, 10:29 am from Zacks.com in Investing, Business, Stocks

Whirlpool Corporation 's ( WHR ) KitchenAid brand recently entered into a deal with SodaStream International, Ltd . ( SODA ) to develop an in-home carbonated system. The KitchenAid branded soda maker will likely hit the market during this year's holiday shopping season. However, the terms of the... Read >>

Brian Rogers' Stock Picks for Barron's Midyear Roundtable

6/19/2013, 10:29 am from GuruFocus in Investing

Brian Rogers is the chief investment officer and portfolio manager of T. Rowe Price Equity Income Fund. Rogers has managed this fund since its inception in 1985. Since then the fund has gained approximately 11% each year. Rogers had the following to say about what he looks for in a stock: We continue to... Read >>

FOMC Rate Decision: How Will You Trade the Taper?

6/19/2013, 10:25 am from Minyanville in Investing, Stocks

So today is the big day when we're supposed to expect some sort of clarity from the FOMC about its plans for paring back its massive $85 billion per month bond-buying program. Or at least, that's what the financial media would have us believe. The issue is ripe for hyperbole, and the Internet is littered... Read >>

Ben Bernanke and the Fed

6/19/2013, 10:20 am from Martin Tillier in Investing, Economy, Bonds, Forex and Currencies

I thought I could do it. I thought that I could write a piece today that wouldn’t mention Ben Bernanke, the Federal Reserve, QE or “tapering”; I really did.  I just couldn’t pull it off. For the financial world, nothing else exists today. All eyes are on the release of the FOMC minutes, an announcement that, until... Read >>

Air Products Completes Plant Expansion - Analyst Blog

6/19/2013, 10:20 am from Zacks.com in Investing, Business, Stocks

Industrial gas giant Air Products & Chemicals Inc. ( APD ) has completed the $10 million capability expansion of its three packaged gases plants located in China to meet the increasing demand of the country's high-growth metal fabrication industries. The expansion was completed with the three... Read >>

June 19: Fed May Provide Clear Picture - Economic Highlights

6/19/2013, 10:19 am from Zacks.com in Investing, Economy

The optimistic mood in the market about the Fed over the last two days is showing up in pre-open sentiment for today's session as well. But the mood may not last all day, particularly in the afternoon session after the Fed announcement and the Bernanke press event. Given the level of Fed-centric anxiety and... Read >>