Analyst upgrades shares of Avery Dennison on expectations that investors will start buyingSeptember 11th, 2009 Ahead of the Bell: Avery Dennison shares upgradedNEW YORK — Avery Dennison Corp. is cutting costs, reducing debt and improving cash flow, an analyst said Friday as he upgraded shares of the adhesive label maker and office supplies provider.
Summary Box: Improving economy lifts imports, exports and trade deficitSeptember 10th, 2009 Summary Box: Improving economy ups trade deficitWHAT HAPPENED?: The trade deficit rose to $32 billion in July, the highest in six months. Imports jumped 4.7 percent, the largest monthly increase on records dating from 1992.
Morgan Joseph analyst upgrades Movado to 'Buy' after results beat expectationsSeptember 4th, 2009 Analyst upgrades Movado shares to 'Buy'NEW YORK — A Morgan Joseph analyst on Friday upgraded shares of Movado Group Inc. to "Buy" and said the watch retailer had returned to profitability ahead of schedule.
LTX Credence shares rise after Needham analyst upgrades stock to 'strong buy'September 4th, 2009 LTX Credence shares soar after analyst upgradeSAN FRANCISCO — Shares of LTX Credence Corp. climbed Friday after a Needham Co.
Consumer sentiment improves more than expected to 54.1 in AugustAugust 25th, 2009 Consumer sentiment up more than expected in AugustWASHINGTON — Consumer sentiment rose more than expected in August, an indication that Americans' pessimism about the economy may be lifting. The New York-based Conference Board says its Consumer Confidence index rose to 54.1 from an upwardly revised 47.4 in July.
Summary Box: Consumer sentiment improves, while home prices rise for first time in 3 yearsAugust 25th, 2009 Summary Box: Consumer sentiment, home prices upWHAT HAPPENED?: Consumer confidence improved more than expected in August, and a nationwide gauge of home prices rose for the first time in three years, a sign the housing sector is stabilizing. WHAT DOES IT MEAN?: Improved consumer sentiment and higher home prices could mean consumers will spend more in the coming months, providing a much-needed boost to the economy.
Brocade stock edges higher as Argus Research upgrades shares, says tech spending recoveringAugust 24th, 2009 Brocade stock ticks higher on upgradeSAN FRANCISCO — Shares of Brocade Communications Systems Inc. notched higher Monday after an Argus Research analyst upgraded the stock on signs that business in the computer-networking world is improving.
Weak dollar, improving data on housing, consumer spending send commodity prices higherAugust 4th, 2009 Weak dollar, upbeat data support commoditiesNEW YORK — A weak dollar and more upbeat data on the economy is making a strong case for buying precious and industrial metals. Commodity prices are higher for a fourth day in a row as the National Association of Realtors says pending home sales rose in June by more than analysts had expected.
MasterCard books 2nd-quarter profit, revenue above Wall Street's expectationsJuly 30th, 2009 MasterCard 2Q profit beats analysts' estimatesNEW YORK — MasterCard Inc. said Thursday that it booked a profit of nearly $350 million during the second quarter, exceeding Wall Street's expectations, as cost trimming and an increase in transactions helped offset a decline in the amount consumers spent.
Sprint Nextel shares climb modestly as analyst upgrades, seeing lower subscriber lossJuly 6th, 2009 Sprint Nextel shares rise as analyst upgradesNEW YORK — Shares of Sprint Nextel Corp. climbed modestly Monday afternoon after an analyst with Auriga USA LLC upgraded the wireless provider, citing improved expectations for subscriber losses.
Yum Brand shares jump after Goldman upgrades restaurant chain to 'Buy' from 'Neutral'July 1st, 2009 Yum shares jump after Goldman upgrades to 'Buy'NEW YORK — Yum Brands Inc. shares jumped 6 percent on Wednesday after a Goldman Sachs analyst upgraded the stock to "Buy" from "Neutral," based on a more positive outlook for the company's earning potential in the next year.
US stocks back in positive territoryMay 2nd, 2009 NEW YORK - All three major US stock indices ended Friday in positive territory on increased commodity demand and improving consumer sentiment. Two measures of US manufacturing and consumer confidence in April surprised analysts by jumping to the highest levels since the credit crisis exploded in September, Bloomberg financial news reported.
MasterCard's 1st-qtr profit declines from year-ago period that included special gainMay 1st, 2009 MasterCard 1Q profit falls 18 pct, beats estimatesNEW YORK — Credit card and global payments processor MasterCard Inc. said Friday its first-quarter profit fell 18 percent from the year-ago period that included a special gain on the sale of an investment.
Stocks fluctuate in narrow range as consumer confidence blows past analyst forecasts in AprilApril 28th, 2009 Jump in consumer confidence gives boost to stocksNEW YORK — Investors are setting aside some of their worries about the economy as a closely watched measure of consumer confidence soars in April. Stocks had been lower on worries about fallout from the swine flu and banks that may need to raise capital following government "stress tests."
But a midmorning report showing a surge in consumer confidence tempered those concerns.
Earnings reports put spotlight on consumers and whether they're opening their wallets moreApril 25th, 2009 Profit reports turn spotlight on consumer spendingNEW YORK — When the economy screeched to a halt late last year, so did consumer spending, which accounts for 70 percent of all U.S. economic activity.
Loading ...