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1 February 2013

Business ,Video-News ,Videos

Initial Claims, Personal Incomes Rise

Initial jobless claims increased by 38,000 to a seasonally adjusted 368,000 last week according to the Labor Department, the highest level in one month and the biggest increase since the week after Hurricane Sandy. Economists expected claims to climb to 355,

1 February 2013

Business ,Video-News ,Videos

Analyst Moves: CTXS, ISIL

Citrix Systems (CTXS) was upgraded by Bank of America/Merrill Lynch to buy with a price target of $84, as growth should continue due to mobility and cloud services. Shares are higher by about 10.3 percent

1 February 2013

Business ,Video-News ,Videos

Thursday 1/31 Insider Buying Report: UFI, SRF

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys

1 February 2013

Business ,Video-News ,Videos

Daily Market Wrap: UPS, DOW, XOM, TSN

Lackluster earnings and disappointing economic data kept the markets under pressure today. The number of Americans filing initial jobless claims rose by 38,000 to a seasonally adjusted 368,000 last week, according to the Labor Department

1 February 2013

Business ,Video-News ,Videos

Analyst Moves: HES, RIMM

Hess (HES) was downgraded by UBS (UBS) from buy to neutral with a price target of $70, as the stock price has appreciated considerably during the rally of the last several weeks. Shares are lower by about half of one percent

1 February 2013

Business ,Video-News ,Videos

Daily Dividend Report: EEP, DOX, ASH, FNF, NDAQ

Enbridge Energy Partners (EEP) maintained its quarterly dividend of 54.35 cents per share. The dividend is payable on February 14, 2013 to shareholders of record on February 7,

1 February 2013

Business ,Video-News ,Videos

Protests against austerity measures in Athens

Greece reeled on Thursday from fresh strikes against austerity measures enacted by the coalition government in return for vital EU-IMF funds to avoid bankruptcy. Duration:

1 February 2013

Business ,Video-News ,Videos

KaloBios Pharmaceuticals Announces Pricing of IPO

KaloBios Pharmaceuticals (KBIO) announced the pricing of its previously announced IPO of 8,750,000 shares of common stock at a price to the public of $8.00 per share, less underwriting discounts and commissions. KaloBios has granted the underwriters a 30-day option to purchase up to 1,312,500 additional shares of common stock at the same price to cover over-allotments, if any

1 February 2013

Business ,Video-News ,Videos

A beer deal hits a rock and the stock

Summary of business headlines: DOJ moves to block Anheuser-Busch InBev total purchase of Modelo; Wall St. closes best January in 16 years on soft footing; TRI Pointe opens the door for homebuilding IPOs; Consumer income takes a December leap. Conway G. Gittens reports

31 January 2013

Business ,Video-News ,Videos

Thursday Sector Leaders: Sporting Goods & Activities, Music & Electronics Stores

In trading on Thursday, sporting goods & activities shares were relative leaders, up on the day by about 5.4%. Leading the group were shares of WMS Industries (WMS), up about 51.7% and shares of Vail Resorts (MTN) up about 1.6% on the day

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