This eighth trading week of 2013 comes to a close with investors sending stocks higher after two days of losses after an announcement by the Federal Reserve that stimulus measures may soon be halted. Hi.
Google has unveiled a new touchscreen laptop computer. The Chromebook Pixel unveiled Thursday includes a nearly 13-inch display screen that responds to the touch or swipe of a finger.
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 dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
UIL Holdings Corporation (UIL) maintained its quarterly dividend of 43.2 cents per share. This dividend is payable April 1, 2013 to shareowners of record at the close of business on March 11, 2013.
Sonic Automotive Incorporated (SAH) maintained its quarterly dividend of 2.5 cents per share. The dividend will be payable on April 15, 2013 to shareholders of record as of March 15, 2013.
SAIC (SAI) was downgraded by JP Morgan (JPM) to neutral from overweight with a price target of $12 as the firm believes the stock price is fully valued, given that the company has outperformed peers by 13% this year. Shares are lower by about 4.5 percent.
It was a mixed open on Wall Street today with the markets heading into negative territory following the release of the latest Fed minutes. The Commerce Department is reporting a sharp drop in housing starts, which fell 8.5 percent to a seasonally adjusted annual rate of 890,000 last month.
In trading on Wednesday, precious metals shares were relative laggards, down on the day by about 3.2%. Helping drag down the group were shares of Banro (BAA), off about 8.6% and shares of Exeter Resources (XRA) down about 8.4% on the day.
In trading on Wednesday, home furnishings & improvement shares were relative leaders, up on the day by about 0.9%. Leading the group were shares of LA Z Boy (LZB), up about 15.8% and shares of Lumber Liquidators Holdings (LL) up about 3.1% on the day.
Computer scientists at the University Illinois at Chicago have turned science fiction into reality with a wraparound virtual reality system where researchers can take a walk through their data.