Sector roundup: Entertainment stocks rise on improved ad outlook, health insurers fallOctober 8th, 2009 Sector roundup: Entertainment, managed careAmong the sector activity stories for Thursday, Oct. 8, from AP Financial News:
PHILADELPHIA (AP) — Shares of entertainment stocks rose after analysts raised their earnings and revenue forecasts, as well as price targets, for companies in the sector as advertising spending improves.
Citigroup, Best Buy, Charles Schwab, Smithfield Foods, Blockbuster are among big market moversSeptember 15th, 2009 Citigroup, Best Buy, Charles Schwab big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Citigroup Inc., down 40 cents at $4.12
Media reports said the bank is weighing a multibillion-dollar stock offering to repay bailout aid, while the government cuts its stake. Kroger Co., down $1.65 at $20.46
Consumers' weak spending drove the grocery store to cut prices, hurting second-quarter sales, and it cut its profit guidance for the year.
Citigroup upgrades Advanced Micro Devices to 'Buy,' cites potential gains with Hewlett-PackardAugust 24th, 2009 Ahead of the Bell: AMD upgraded to 'Buy'NEW YORK — Shares of chip maker Advanced Micro Devices Inc. rose 6 percent in premarket trading on Monday after a Citigroup analyst upgraded it to "Buy" from "Hold," saying he sees a chance for increased market share with AMD's main customer, PC maker Hewlett-Packard Co.
AIG, UBS, GameStop, Barnes & Noble, Sears Holding are among big market movers ThursdayAugust 20th, 2009 AIG, UBS, GameStop, Barnes & Noble are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange:
NYSE:
American International Group Inc., up $5.66 at $32.30
The insurer named heads at two of its businesses, and media reports quoted the new CEO saying the company would pay back the government. UBS AG, up $1.49 at $16.93
The Swiss government sold its stake in the bank for a $1.1 billion profit a day after agreeing to release data on 4,450 accounts to the IRS.
Capital 1 Financial US, international credit-card defaults rise in July; shares tumbleAugust 17th, 2009 Ahead of the Bell: Capital 1NEW YORK — Capital One Financial Corp. said Monday that defaults on its U.S.
Credit card companies see slight improvement in credit trendsAugust 17th, 2009 Credit trends improve for most credit card issuersDES MOINES, Iowa — Most major credit card companies say fewer customers defaulted on their accounts in July, but that doesn't necessarily mean they're financially better off. A few credit card issuers say more families fell behind on payments, which could be another sign that household finances have yet to recover from the recession.
Defaults on Bank of America credit cards edge higher, delinquencies improve; shares dipAugust 17th, 2009 BofA credit card defaults edge higher in JulyNEW YORK — Bank of America Corp. said Monday that defaults on its credit cards edged higher in July, but delinquencies declined.
Defaults on Bank of America credit cards dip in July, delinquencies improveAugust 17th, 2009 BofA credit card defaults edge lower in JulyNEW YORK — Bank of America Corp. said Monday that credit card losses and delinquencies edged lower in July.
Capital One Financial US, international credit-card defaults rise in July; shares tumbleAugust 17th, 2009 Ahead of the Bell: Capital OneNEW YORK — Capital One Financial Corp. said Monday that defaults on its U.S.
Rate of losses on JPMorgan Chase credit cards declines in July, delinquencies improveAugust 17th, 2009 JPMorgan Chase credit card losses down in JulyNEW YORK — JPMorgan Chase & Co. said Monday that the rate of losses on its credit card loans eased up in July.
GameStop to fall short of 2nd-qtr outlook and cut its '09 forecast, analyst says; shares slideAugust 17th, 2009 Ahead of the Bell: GameStop to fall shortNEW YORK — Shares of GameStop Corp., the world's largest videogame retailer, slid 5 percent in premarket trading Monday after an analyst predicted its second-quarter results would fall short and the company would have to cut its guidance. Wedbust Morgan analyst Michael Pachter said in a note to investors that GameStop results on Thursday are expected to be well below its own estimates due to the total decline in sales in the U.S.
Analyst expects late-stage credit card delinquencies to ease in July report due out MondayAugust 14th, 2009 Analyst: Late-stage card delinquencies easingBOSTON — A Stifel Nicolaus & Co. analyst said in a research note Friday that he expects a monthly report due out Monday will show continued easing in late-stage credit card delinquencies.
American Express 2Q profit down 48 percent, beats Wall StreetJuly 23rd, 2009 American Express 2Q profit falls 48 percentDES MOINES, Iowa — American Express Co. said Thursday its earnings fell 48 percent in the second quarter, but the credit card lender says there are glimmers that recent trends of lower card use and slow repayment may be improving.
New manager of government's bank bailout program says he sees signs economy is on the mendJune 24th, 2009 TARP chief sees sun peeking through economic stormWASHINGTON — The new manager of the government's $700 billion bank bailout program says he sees signs the economy is on the mend even though high unemployment and falling home prices remain a threat. In prepared testimony for a congressionally appointed panel, Herbert Allison said Wednesday it is critical for the government to remain vigilant and "press ahead" with recovery efforts.
American Eagle shares rise as analysts cite improved women's product assortmentMay 11th, 2009 Ahead of Bell: American Eagle on the upswingNEW YORK — Women's fashion is on the upswing at American Eagle Outfitters Inc., two analysts said Monday as they upgraded the retailer's stock. Shares rose 7.6 percent in premarket trading.
Loading ...