Latest Articles

NASDAQ.com News

Market Close Report: NASDAQ Composite index closes at 3,462.61 up 23.82 points

Tuesday's session closes with the NASDAQ Composite Index at 3,462.61. The total shares traded for the NASDAQ was over 1.76 billion. Advancers stocks led declining by 2.23 to 1 ratio. There were 1729 advancers and 776 decliners for the day. On the NASDAQ Stock Exchange 206 stocks reached a 52 week high and 9... Read >>

Zacks.com

GM to Build Cadillac Plant in China - Analyst Blog

General Motors Company ( GM ) will start building a $1.3 billion plant in Shanghai's Jinqiao zone in China from next month that will manufacture its popular Cadillac luxury model. With this, the automaker intends to capture the potential luxury market in China, which is dominated by European brands. GM... Read >>

NASDAQ.com News

After Hours Most Active for May 14, 2013 : MSFT, NWSA, QQQ, GE, BAC, AMD, WNR, HBA^H, MWW, SIRI, LSI, CSCO

The NASDAQ 100 After Hours Indicator is down -.38 to 2,995.67. The total After hours volume is currently 39,552,548 shares traded. The following are the most active stocks for the after hours session : Microsoft Corporation ( MSFT ) is -0.06 at $33.46, with 5,110,903 shares traded. Over the last... Read >>

Zacks.com

McDermott Downgraded to Sell - Analyst Blog

Zacks Investment Research downgraded engineering and construction firm McDermott International ( MDR ) to a Zacks Rank #4 (Sell) on May 14. Why the Downgrade? On May 8, McDermott reported weak first-quarter 2013 profits, owing to operating losses in some regions and increased expenses. Earnings per... Read >>

Schaeffer's Investment Research

Dow Tags Record High in 18th Straight Tuesday Win

The Dow Jones Industrial Average (DJI) found its way to yet another record high, adding triple digits and marking its "18th straight Tuesday win," noted Schaeffer's Senior Technical Strategist Ryan Detrick, CMT. "This streak is second only to Wednesday's run of 24 positive days back in 1968." In fact,... Read >>

Zacks.com

Clorox Expands Dividend Rate - Analyst Blog

The Clorox Company ( CLX ), known for its shareholder-friendly moves, recently raised its quarterly dividend by 11% or 7 cents to 71 cents per share. Earlier, the company used to pay 64 cents per share. The new dividend will be paid on Aug 9, 2013 to shareholders of record as of Jul 24, 2013. The hike... Read >>

Zacks.com

CNOOC Remains Neutral - Analyst Blog

We reaffirmed our Neutral recommendation on Chinese offshore pure play oil and gas exploration and production (E&P) company, CNOOC Ltd. ( CEO ), on May 9, 2013. Riding on growth in production volumes, the company reported robust numbers in the first quarter. The company holds a Zacks Rank #1, which is... Read >>

Zacks.com

Natural Gas Rig Count at New 18-Yr Low - Analyst Blog

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. ( BHI ) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This upside can be mainly attributed to an increase in the tally of oil-directed rigs, partially offset by lower natural... Read >>

Zacks.com

Isis Gets $3.5M Milestone Payment - Analyst Blog

Isis Pharmaceuticals Inc. ( ISIS ) recently announced that it has received a milestone payment of $3.5 million from its partner, Biogen Idec Inc. ( BIIB ). The milestone payment was triggered by dosing of the first patient in a phase II study evaluating ISIS-SMNin infants suffering from spinal... Read >>

Zacks.com

Northrop Inks $555.6M Pentagon Deal - Analyst Blog

Northrop Grumman Corp. ( NOC ) won a contract from the Department of Defense (DoD) for the modernization of the Global Hawk unmanned aircraft system. This contract has a total value of up to $555.6 million. Considered as one of the largest unmanned aerial vehicles (UAVs) in service of the U.S. Air Force... Read >>