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Market Wrap For March 6: Investors Find Positives In Jobless Claims
Thursday, March 6, 2014 - 6:06pm | 2478Read More...U.S. stocks rose as investors digested jobless claims data which fell to a three month low ahead of Friday's monthly employment report. The S&P 500 was lifted to a new all time high of 1,8881.94 while the Dow recorded modest gains. The Nasdaq finished in the red The Fed's Bill Dudley...
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Market Wrap For February 18: Dow Finishes Lower, Nasdaq Still Hot
Tuesday, February 18, 2014 - 5:47pm | 3229Read More...U.S. stocks traded mostly higher today despite a key measure of home builder confidence falling in February. The New York Fed's general business index also showed signs of vulnerability. Despite the weak economic data which is partially due to weather, the Nasdaq index rose for the eight...
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Market Wrap For February 11: Yellen Re-assures Markets & Wakes Up The Sleeping Bulls
Tuesday, February 11, 2014 - 5:47pm | 3158Read More...U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...
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Goldman Sachs: Aerospace And Automotive Demand 'Game Changer' For The Steel Market
Tuesday, February 11, 2014 - 12:59pm | 1946Read More...Analysts at Goldman Sachs on Tuesday released a specialty report on steel. The analysts, led by Sal Tharani said that a growing demand from the automotive and aerospace industries will change the composition of the steel market. “We believe gradual conversion of automotive exposed body to...
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Does The QHIX Have Q4 Systems Destined For Greatness?
Tuesday, January 28, 2014 - 3:03pm | 477Read More...It has been a great year for Q4 Systems (NASDAQ: QFOR) and its shareholders. Although it is a small cap firm in the information technology sector, clients of Q4 Systems have included such blue chips as Alcoa, Wal-Mart, and Walgreens, among many others. A previous article on Benzinga, "A Small...
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Earnings Expectations For The Week Of January 13: Big Banks, GE, Intel And More
Monday, January 13, 2014 - 7:31am | 645Read More...Alcoa may have reported disappointing results last week, but the fourth-quarter earnings season really kicks off this week with reports from J.P. Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) on Tuesday. Big name financials will be well represented this week, with results due from the likes of...
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Market Wrap For January 10: Job Growth Weak, But Unemployment Falls
Friday, January 10, 2014 - 5:53pm | 2337Read More...Major indices ended the day little changed as investors and traders were not sure how to react to today's job reports. 74,000 jobs were added, well below the estimated 196,000. The report proved to be a complete contradiction to every other report previously seen. Related: ETFs Moving On The...
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#PreMarket Primer: Friday, January 10: Jobs Friday
Friday, January 10, 2014 - 8:16am | 627Read More...No single economic report gets more attention than the monthly non-farm payrolls report. Today at 8:30 am ET, that report hits the markets. Investors usually sit on their hands prior to the release of the report but this morning, the markets are up. Dow futures imply a 51-point upside move at...
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Market Wrap For January 9: All Eyes on Tomorrow's Job Report
Thursday, January 9, 2014 - 5:43pm | 2416Read More...Markets were relatively calm during Thursday's trading session as investors anticipate Friday's jobs report. The December employment report is expected to show about 200,000 payroll jobs representing a steady growth and a clear sign that labor market and economy are both strong. Related:...
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Alcoa Falls 3% After Q4 EPS Earnings Miss
Thursday, January 9, 2014 - 5:22pm | 303Read More...Alcoa (NYSE: AA) is down more than two percent in after hours trading after the company announced its fourth quarter results. The company reported a Q4 EPS of $0.04 versus the Street estimate of $0.05. Earnings per share were down 33 percent from the year-ago period. Revenue came in at $5.6...
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#PreMarket Primer: Thursday, January 9: The Day Before the Jobs Report
Thursday, January 9, 2014 - 8:16am | 714Read More...The anticipation over the Fed minutes was overdone as the markets read the statement as being a non-event. The minutes reaffirmed that committee members were still proceeding with caution and there is no preset timeline. In the wake of the minutes the Dow was down about 0.4 percent at 16,362.74...
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Alcoa Earnings Preview: Lower Revenue, Flat EPS Expected for Q4
Tuesday, January 7, 2014 - 5:12pm | 784Read More...Alcoa (NYSE: AA) is scheduled to report its fourth-quarter 2013 results Thursday, January 9, after the markets close. Its report has long been seen as kickoff of each new earnings season, though it may become less relevant now that the stock has been dropped from the Dow Jones Industrial Average...
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Earnings Expectations For The Week Of January 6: Alcoa And More
Sunday, January 5, 2014 - 5:23pm | 864Read More...Quarterly reports from Alcoa (NYSE: AA) have long been considered the kickoff to a new earnings season, though its role may become less relevant now that it has been dropped from the Dow Jones Industrial Average. Along with Alcoa, Micron Technologies (NYSE: MU), Monsanto (NYSE: MON), SUPERVALU (...
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Market Wrap For November 25: Nasdaq Breaks 4,000 Level For First Time Since 2000
Monday, November 25, 2013 - 5:57pm | 1904Read More...The Nasdaq index traded above 4,000 for the first time since 2000. The other major indices were flat for the day as markets couldn't hold on to early gains that were boosted by an international accord with Iran. Economic news was rather light and there were no comments from a Fed chairperson that...
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Alcoa Jumps After Beating Estimates (AA)
Tuesday, October 8, 2013 - 4:28pm | 370Read More...Alcoa (NYSE: AA) has reported a higher-than-expected Q3 EPS of $0.11 versus the Street estimate of $0.06. Revenue came in at $5.77 billion versus the Street prediction of $5.63 billion. Despite the earnings beat, sales were still down one percent year-over-year. Investors responded positively to...














