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Stock Sector NewsUp-to-date coverage on trending stock sectors. An in depth look at what stocks and industries are moving, and why. Amazon Surges As Company Throttles Estimates (AMZN, NFLX, DANG, EBAY, PCLN, EXPE, OSTK)by Jason Smith | July 27th
Shares of Amazon.com (AMZN), the world’s largest online retailer, are surging 5% after the company reported second-quarter results that handily topped Wall Street forecasts. The Washington-based company said it earned $191 million, or 41 cents a share, compared with $207 million,…  Another Price Target Cut For RIM, iPads Encounter Difficulty In Japan (RIMM, AAPL, GOOG, MSFT, DELL, MMI, HPQ, NOK)by Todd Shriber | July 27th
Shares of BlackBerry maker Research in Motion (RIMM) are sliding 5%, encountering more woes after UBS trimmed its price target on the stock to $30 from $41 and lowered its earnings estimates on the Canadian company amid rising competitive threats from… Corning’s LCD Forecast Not Worth Tuning Into; Shares Plunge (GLW, FNSR, EMKR, JDSU, OCLR, MRVC)by Jason Smith | July 27th
Shares of Corning (GLW), the maker of LCD glass used for flat screen televisions, are plunging 6% after the company pared its forecast for the global glass as TV makers are lowering their own sales projections due to tepid expectations for… Macau, Singapore Bolster Las Vegas Q2 Profit (LVS, BYD, MGM, MPEL, ISLE, WYNN)by Todd Shriber | July 27th
Shares of Las Vegas Sands (LVS), the operator of the Palazzo and Venetian resorts, are up 3% after the company posted a second-quarter profit of $367.6 million, or 45 cents a share, compared with a net loss of $4.7 million, or… Negative Movers: Weak Earnings Hit Tech Stocks (JNPR, AVL, ILMN, VSH, CAVM)by Eric Monte | July 27th
The markets are trading lower on Wednesday. In economic news, durable goods orders fell 2.1% in June, which is the second decline in the past three months. Today’s Negative tickerspy Indexes Networking Stocks (down 3.4% vs S&P 500): Shares of Juniper Networks (JNPR)… Morning Update: Precious Metals Gain, IPad Shunned in Japan? (CRYXF, EXK, NOR, DANG, HTM, HES, AAPL, GE, BA, DNKN)by Eric Monte | July 27th
The markets are trading lower on Wednesday. Investors may be reacting to the durable goods report that showed orders fell 2.1% in June, which is the second decline in the past three months. Today’s Top tickerspy Indexes: Afternoon Spy: Rare Earths Soar, Baidu Higher After Earnings (MCP, GE, BIDU, YOKU, RDA, YHOO, RSH)by Eric Monte | July 26th
The markets are trading lower on Tuesday after new housing starts fell for the second consecutive month, declining from 315,000 in May to 312,000 in June. In other economic news, the Consumer Confidence Index increased from 57.6 in June to… Dry Bulk Stocks Sail Higher On Consolidation News (OCNFD, DRYS, BALT, FREE, DSX, EXM, SBLK, GNK)by Jason Smith | July 26th
Shares of dry bulk shipping firm OceanFreight (OCNFD) are surging 76% after rival DryShips (DRYS) offered to acquire the company for $118 million in cash and stock, valuing OceanFreight at $19.85 a share, more than double where the stock closed on Monday.… Green Mountain Steady Ahead Of Earnings; Starbucks Faces Labor Woes (GMCR, SBUX, CBOU, PEET, FARM, JVA)by Todd Shriber | July 26th
Shares of Green Mntn Coffee Roaster (GMCR) are fractionally higher ahead of the company’s fiscal third-quarter earnings report, which is scheduled for Wednesday after the close of U.S. markets. Research firm Canaccord said it expects Green Mountain to post strong results… After Upgrade, Finisar Leads Optical Networking Stocks Higher (FNSR, JDSU, EXFO, NPTN, OPLK, GLW, OCLR)by Jason Smith | July 26th
Shares of Finisar (FNSR), the maker of components used to connect communications networks, are soaring 9% after Citigroup upgraded the stock to “buy” from “hold,” citing valuation and the likelihood of positive earnings revisions going forward. Citi also raised its price…   |
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