Month: January 2013

American Express (AXP) was downgraded by J. .

In trading on Tuesday, computer peripherals shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Radisys (RSYS), up about 21.8% and shares of Qlogic (QLGC) up about 9% on the day.

In trading on Tuesday, shipping shares were relative laggards, down on the day by about 1.6%. Helping drag down the group were shares of Excel Maritime Carriers (EXM), down about 6.6% and shares of Ultrapetrol Bahamas Limited (ULTR) off about 5.7% on the day.

British music retailer HMV going into administration to try and save some 4,000 jobs after failing to secure enough funding. The company, which owns 239 stores in the UK and Ireland, is looking to keep its doors open amid declining music, DVD, and gaming

From Fnno.com, This is the financial news network. Here’s what’s in the news for Tuesday January 15, 2013. The Wall Street Journal reports Fed Chairman Bernanke said he still wasn’t satisfied with the economy’s progress and indicated that he plans to sti

Deere (DE) was upgraded by JP Morgan (JPM) to neutral from underweight with a price target of $90 due to balanced global fundamentals. Shares are higher by about two tenths of a percent.

Stocks were mixed as investors were hesitant in light of the debt ceiling crisis. President Obama still unwilling to cut federal spending.

Analog Devices (ADI) was upgraded by Credit Suisse (CS) to outperform from neutral with a price target of $48, as end market demand should improve in 2013. Shares are higher by about four tenths of a percent.

In trading on Monday, precious metals shares were relative leaders, up on the day by about 0.9%. Leading the group were shares of Aurizon Mines Limited (AZK), up about 33.6% and shares of Harry Winston Diamond (HWD) up about 7% on the day.

From Fnno.com, this is the Financial News Network. Here’s a few things to watch for in the financial world today January 14.