Month: July 2012

This holiday shortened twenty seventh trading week of 2012 comes to a close with investors fretting over dismal jobs data. Hi.

Sally Beauty Holdings (SBH) was upgraded today from neutral to buy with a price target of $32 by Bank of America/Merrill Lynch, as the company has been generating significant cash which should add to earnings. Shares are higher by about 1.7 percent.

Qualcomm Incorporated (QCOM) maintained its quarterly dividend of 25 cents per share. The dividend is payable on September 26, 2012, to stockholders of record at the close of business on September 7, 2012.

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money. So let’s look at two noteworthy recent insider buys.

In trading on Friday, textiles shares were relative leaders, up on the day by about 2.6%. Leading the group were shares of Lacrosse Footwear (BOOT), up about 81.1% and shares of Ralph Lauren (RL) up about 0.1% on the day.

The Daily Ticker’s Dan Gross interviews RealClearMarkets’ John Tamny

CME Group (CME) today had its estimates and price target raised by Jefferies (JEF) due to improved volume trends. A buy rating was issued.

CVS Caremark Corporation (CVS) maintained its quarterly dividend of 16.25 cents per share. The dividend is payable August 3, 2012, to holders of record on July 23, 2012Shares are higher by about seven tenths of a percent.

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money. So let’s look at two noteworthy recent insider buys.

In trading on Thursday, music & electronics stores shares were relative leaders, up on the day by about 2%. Leading the group were shares of Hhgregg (HGG), up about 3% and shares of Radioshack (RSH) up about 2.6% on the day.