McDonald’s (MCD) had its estimates and price target increased by Credit Suisse (CS) as the company has been gaining market share in the US An outperform rating was issued with a price target of $102. Shares are lower by about four 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, trucking shares were relative leaders, up on the day by about 4.3%. Leading the group were shares of Swift Transportation (SWFT), up about 21.9% and shares of Werner Enterprises (WERN) up about 5.7% on the day.
Apple (AAPL) announced earnings after the bell yesterday that may signal the beginning of the end of the company’s dominance and shook those that believed the company would grow indefinitely to the core. The iPhone maker earned $13.81 per share, down from $13.87 a share in the same period last year.
Sometimes it’s the simple things: a frozen fountain in New York’s Bryant Park delights New Yorkers and visitors. Temperatures have been around 10 to 15 degrees below normal, with windy conditions making it feel colder.
As other states begin setting up health insurance exchanges required under the Affordable Care Act, many are turning to Massachusetts which pioneered the online health insurance marketplace.
Sales of US existing homes fell in December due to a shrinking supply. Purchases fell by one percent to a 4.94 million annual rate according to the the National Association of Realtors.
Penske (PAG) was upgraded by Keybanc (KEY) to buy from hold with a price target of $36 due to improving domestic auto demand. Shares are higher by about 4.6 percent.
Boise Cascade today announced that it has commenced an underwritten IPO of 11,764,706 shares of its common stock pursuant to a registration statement on Form S-1 filed with the SEC. In connection with the offering, Boise Cascade intends to grant the underwriters a 30-day option to purchase up to an additional 1,764,706 shares.
Intel Corporation (INTC) maintained its quarterly dividend of 22.5 cents per share. The dividend will be payable on March 1, 2013 to stockholders of record on February 7, 2013.
