Over the next year, it will also be a lot easier to short the disk-drive makers. Here's why. The first problem is pretty straightforward: On a per-gigabyte basis, retail prices of HDDs are plunging. Consumers can now buy 2- and 3-TB …
Among the companies expected to actively trade in Friday’s session are ImmunoGen Inc. (IMGN), Finish Line Inc. (FINL) and Xyratex Ltd. (XRTX). Research In Motion Ltd. (RIMM, RIM.T) reported a $125 million loss in its fiscal fourth quarter …
JP Morgan upgraded the stock from Underweight to Neutral and raised the target price from $62 to $90. Shares of Eagle Rock Energy Partners LP (NASDAQ: EROC) got a boost, shooting up 5.89 percent to $5.57 after Regency Energy …
Wall Street ratings agencies set the tone for today's stock market. AuRico Gold (NYSE:AUQ): Raymond James juices the commodity company to Outperform from Market Perform. BlackBerry (NASDAQ:BBRY): Shares, downgraded …
The company said the deal will add to its existing perceptive software business. Cloud computing company Xyratex (XRTX) said Thursday that it earned 8 cents per share in the quarter that ended Aug. 31, or 21 cents per share on an adjusted …
Goldman Sachs is maintaining its Buy rating this morning on Companhia Vale do Rio Doce (NYSE: RIO), but the firm is adding the stock to its Americas Conviction Buy List. Shares are down over 13% over the past month, worse than -2% …
Shares were up 3.8% to $17.57 premarket. Xyratex Ltd.’s (XRTX) fiscal third-quarter profit fell 20% as the company reported that its enterprise storage sales dropped sharply. Shares tumbled 14% to $7.52 premarket as adjusted earnings fell …
If you asked the man or woman in the street whether the U.S. stock market was up or down this year, I think they would guess down. But the reality is that larger American companies are now positive for the year, with the S&P 500 up …
As Wall Street kicks into gear to roll out fourth-quarter earnings reports, the markets are a tad more optimistic about this quarter marking the beginning of the end of an earnings recession. Although many companies have reported improved …
Securities and Exchange Commission Chairman Mary Jo White raised questions about self-regulation among stock exchanges in a speech at a trading conference in Washington. White pointed out that stock and options exchanges …