|End of Day Market Summary for: Tuesday, February 12, 2013…|
Added by ken flagg on February 12, 2013 at 8:52pm — No Comments
Added by ken flagg on January 22, 2013 at 9:01am — No Comments
(HGSI) for $13/share in cash to 5:00pm EST July 20 (45.00 )
GSK's tender offer will expire after 16 July, the deadline set by HGS for submission of definitive acquisition proposals in its strategic alternatives review process which began on 19 April after GSK made a private proposal on 11 April. GSK believes the three months that will have passed since the start of this process is more than adequate time…Continue
Added by ken flagg on June 29, 2012 at 8:26am — No Comments
End of Day Market Summary for: Friday, June 08, 2012
Dow 30 Industrials 12,554.20 +93.24 +0.75%
S&P 500 1,325.66 +10.67 +0.81%
Nasdaq 100 2,559.21 +23.80 +0.94%
Nasdaq Composite 2,858.42 +27.40 +0.97%
Russell 2000 769.19 +8.85…
Added by ken flagg on June 8, 2012 at 9:03pm — No Comments
End of Day Market Summary for: Thursday, June 07, 2012
Dow 30 Industrials 12,460.96 +46.17 +0.37%
S&P 500 1,314.99 -0.14 -0.01%
Nasdaq 100 2,535.41 -10.91 -0.43%
Nasdaq Composite 2,831.02 -13.70 -0.48%
Russell 2000 760.34 -4.83 -0.63%
S&P Midcap 400 918.06 -4.43 -0.48%
S&P 100 600.60 +0.47…
Added by ken flagg on June 7, 2012 at 11:36pm — No Comments
SMF Notes Early Floor Talk: Drifting with modest losses
Futures are drifting with modest losses this morning (S&P futures -4, DJ futures -20), after paring overnight gains amid a pullback in the euro and some weaker data in Europe.
Futures were higher last night as Asian stocks showed gains (Nikkei +1.0%, Hang Seng +0.4%, Shanghai +0.2%).…Continue
Added by ken flagg on June 5, 2012 at 10:05pm — No Comments
SMF Notes S&P futures vs fair value: -7.80. Nasdaq futures vs fair value: -11.00.
Some late selling undercut the major equity averages in the prior session, but pressure persists this morning. The negative bias comes amid renewed weakness in Europe, where aggressive selling has the continent's major bourses wrestling with losses in excess of 1%…
Added by ken flagg on March 22, 2012 at 8:17pm — No Comments
SMF Notes S&P futures vs fair value: +3.50. Nasdaq futures vs fair value: +6.00.
Broad market futures are up modestly this morning, although action abroad has been mostly mixed. Shares of Oracle (ORCL 30.60, +0.50) are benefiting from a strong premarket bid that has come on the back of the company's latest quarterly report, released last evening. General Mills (GIS 38.70, -0.06) reported this morning, but…
Added by ken flagg on March 21, 2012 at 6:00pm — No Comments
HOUSTON , Jan. 3, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) said today that its subsidiary Apache North Sea Limited has completed its previously announced acquisition of Exxon Mobil Corporation's Mobil North Sea Limited assets including the Beryl field and related properties.
Apache has assumed operations of the Beryl, Nevis , Ness, Nevis South, Skene and Buckland fields, the Beryl/Brae gas…Continue
Added by ken flagg on January 3, 2012 at 9:17am — No Comments
James Williams of Matagorda County, Texas recounts a touching true story. Living in a still prejudiced Texas In 1972, his wife had a complication with her pregnancy. No doctors would care for her or deliver their bi-racial child. In fact one of the hospital nurses called the police on James.
Dr. Ron Paul was notified and took her in, delivering their stillborn baby. Because of…Continue
Added by ken flagg on December 31, 2011 at 7:36pm — No Comments
Stocks Score Strong Finish for Second Straight Session
Stocks overcame morning selling pressure to stage a steady advance that continued into the close, giving stocks substantial gains. The move was broad based, but for the most part financials led the way... Market participants bid stocks higher in the opening minutes of trade, but sentiment soured before long. Subsequent selling pressure came as traders shrugged…
Added by ken flagg on November 8, 2011 at 6:59pm — No Comments
SMF Notes CF CF Industries Showing Notable Strength (132.11 +98.01)
Fertilizer name CF Industries (CF +6.5%) is trading higher and is the best performing materials stock today. CF is also outperforming the rest of the fertilizer group (TNH +6.3%, MOS +4.0%, POT +4.2%, IPI +2.4%, AGU +3.5%). The stock has been trading with additional volatility compared to the rest of the fertilizer group, on both the upside and…Continue
The major equity averages were up with big gains before broad selling pressure cut down stocks in afternoon action. A late bounce made for a better looking finish, though.
Stocks ended the prior session in weak fashion, but buyers came rushing back in this morning. Their interest was stirred by news that Germany gave its support to the expansion of the European Financial Stability Facility, which is aimed at…Continue
Added by ken flagg on September 29, 2011 at 8:31pm — No Comments
Stocks Slip, but Still Score Third Straight Gain
The Dow ended the day with a gain of almost 150 points, but that is actually only half of what it had sported just a couple of hours prior to the close... Stocks got a nice pop at the open as market participants took their cues from Europe, where the major bourses bounced to gains that ranged from 4% to almost 6% amid hope that plans are being crafted to help restore…
Added by ken flagg on September 27, 2011 at 8:05pm — No Comments
Added by ken flagg on September 24, 2011 at 5:07pm — No Comments
SMF Notes S&P futures vs fair value:
+7.90. Nasdaq futures vs fair value: +18.00.
Stocks slashed losses in the prior session with a late rally, but futures encountered renewed pressure overnight in response to news that analysts at Moody's have downgraded the debt of Italy. The decision wasn't a total…
Added by ken flagg on September 20, 2011 at 7:21pm — No Comments
- Moody's downgrades Soc Gen and Credit Ag; Europe rallies back from a lower opening
The world equity markets are mixed right now, but trading started off much worse. The Chinese Premier Wen Jiabo took a hard stance against the world's economies stating they should cut deficits and create jobs as opposed to relying on China to bail them out. Japan opened higher and drifted lower as their day progressed. In Europe,…
Added by ken flagg on September 14, 2011 at 11:41pm — No Comments
ILLUMINATE study of INCIVEK; high viral cure rate achieved with a 24-week INCIVEK combination regimen (50.55 +0.34)
Co announced that the New England Journal of Medicine (NEJM) published data from a Phase 3 study of INCIVEK(TM) (telaprevir) tablets in people with genotype 1 chronic hepatitis C who were new to treatment. In ILLUMINATE, INCIVEK (in-SEE-veck) was given for the first 12 weeks in combination with…Continue
Added by ken flagg on September 14, 2011 at 11:39pm — No Comments
Added by ken flagg on September 14, 2011 at 8:06am — No Comments
An improved tone abroad brought buyers back into the fold today. Support was unwavering.
News that a German court rejected a lawsuit to prevent Germany from participating in European Union bailouts helped several of Europe's bourses rally between 3% and 4% after they had suffered a series of steep losses that left them deep in bear market territory. The notion that Germany, Europe's most robust and diverse…Continue
Added by ken flagg on September 7, 2011 at 8:16pm — No Comments