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Category Archive: Business News

Jun
16
2011

US STOCKS SNAPSHOT-Futures slightly cut losses after data

NEW YORK, June 16 | Thu Jun 16, 2011 8:36am EDT NEW YORK, June 16 (Reuters) – U.S. stock index futures trimmed losses on Thursday after jobless claims and housing data. an afternoon after the S&P 500 fell 1.74 percent, S&P 500 futures SPc2 dropped 3.2 points and were below fair value, a formula that …

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Jun
16
2011

Movers & Shakers: Thursday’s biggest gaining & declining stocks

To create this list we first desired to find undervalued stocks with high performance. To do this we looked for companies that met here criteria: Market cap over $300MPEG < 1 (a general signal that the stock is undervalued)Trading above it’s 20,50, and 200 day MA Out screener left us with 42 names…. In light …

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Jun
16
2011

Contrarian Ideas: 8 Undervalued, Rallying Stocks Targeted by Short Sellers

Thu Jun 16, 2011 8:01am EDT * Jobless claims, housing, business data on tap * S&P 500 technical support seen at 1,250-1,257 * Futures down: Dow 39 pts, S&P 4.1 pts, Nasdaq 2.5 pts * For up-to-the-minute market news see [STXNEWS/US] (Updates prices, adds comment, byline) By Rodrigo Campos NY, June 16 (Reuters) – U.S. …

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Jun
16
2011

US STOCKS-Futures off on Greece anxiety, jobless data due

By Kate Gibson and Polya Lesova, MarketWatch NY (MarketWatch) – U.S. stock futures trimmed their declines Thursday after economic data had jobless claims falling greater than expected last week and housing starts more robust than anticipated. Down about 50 points …

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Jun
16
2011

Indications: U.S. stock futures flat previous to economic data

NEW YORK, June 16 | Thu Jun 16, 2011 7:15am EDT NEW YORK, June 16 (Reuters) – U.S. stock index futures dipped on Thursday as global equities tumbled on worries that the inability of a deal on the way to handle the Greek debt crisis could trigger disorderly market moves and crimp liquidity. * Investors …

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Jun
16
2011

US STOCKS-Greece fears drive down futures prior to jobs data

If you love to compliment the rage, then you definitely will want to do further research on a few of the very profitable names listed here… To construct this list we searched for stocks with market cap above $300M, short float above 10% and trading above the 20-day, 50-day and 200-day moving averages. Once we …

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Jun
16
2011

5 Highly Shorted and Profitable Stocks in Rally Mode

{“s” : “spx.v”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Kate Gibson, On Thursday June 16, 2011, 4:42 am EDT NEW YORK (MarketWatch) — U.S. stocks climbed Thursday after better-than-expected data on U.S. housing and jobs helped rein in anxiety in regards to the health of the commercial recovery. The major indexes quickly recovered after falling …

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Jun
16
2011

U.S. stocks gain; data offers some respite

By Steve Gelsi, MarketWatch MANHATTAN (MarketWatch) – Energy stocks rose Thursday after big losses inside the previous session at the heels of a merger deal within the pipeline business, as crude oil prices strengthened on the $95-a-barrel level. The NYSE …

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Jun
16
2011

Cabot, Cameron up as energy stocks rise

HONG KONG – Nine Dragons Paper Holdings struck back at Standard & Poor’s on Wednesday, saying the ratings agency’s statements about its hunger for debt and absence of communication were unfounded. The comments from Nine Dragons, which was founded by Cheung Yan, the wealthiest woman in China, helped the company’s shares rebound from steep losses …

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Jun
15
2011

Do you think that the S&P could fall 40% by 2015?

Published: Wednesday, 15 Jun 2011 | 5:49 PM ET

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