Shares of Brightpoint (CELL), the provider of solutions to the wireless technology industry, are soaring 15% after the company reported a second-quarter profit of $11.8 million, 18 cents a share, compared with $7.3 million, or 10 cents a share, a year…
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Shares of consumer products giant Clorox (CLX), the maker of its namesake bleach and Hidden Valley salad dressings, are fractionally lower today despite a Bloomberg News report that says corporate raider Carl Icahn may have to pony up another $600 million if…
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Shares of Annaly Capital Management (NLY), the largest U.S. mortgage REIT by market value, are down another 4% today as the debate on Capitol Hill to extend the U.S. debt ceiling drags on, approaching the August 2nd deadline. Annaly has seen…
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During the last week, the world was given more clarity on the Greek debt crisis. Investors returned to international banking stocks as a way to bet on the turn around in Europe. As oil continued to trade higher, traders began…
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Shares of Suncor Energy (SU), Canada’s largest oil company by market value, are down 2% after the company said its second-quarter profit rose just 4%, lagging well behind the profit increases posted thus far by U.S. and European oil majors. Operating…
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Shares of Sify Technologies (SIFY), the Indian provider of business and consumer Internet services, are soaring 19% after the company reported a second-quarter EBITDA profit of $2.8 million compared with $510,000 a year earlier as revenue climbed to $50.73 million, a…
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Stocks continued their downward trend, brushing off some solid economic data. The Fed minutes, however, took a cautious tone, warning of a possible fiscal cliff due to the end of previous tax cuts and the government reducing spending. Worries that…
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When researching stocks, it can be pretty common to wonder what your fellow investors are up to. It’s not always a great idea to follow the crowd when investing in equities, but peaking into the activity of other investors may…
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