These market and economic conditions have created the perfect storm for a 10 percent correction, analyst Mark Tepper said.» Read More
PLANO, Texas _ Alliance Data Systems Corp. on Thursday reported second-quarter profit of $131.3 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $3.24 per share. Alliance Data shares have increased 5.5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 3...
NEW YORK, March 10- The best performing technology fund since the peak of the dot com boom did it all without owning Apple Inc, whose soaring stock price has pushed the Nasdaq near a new record high. "This is a fund that doesn't have Google, doesn't have Microsoft. Instead of Apple and other big household names of the Nasdaq, Weaver owns large positions in companies that...
WASHINGTON/ BOSTON, March 6- Two Vietnamese citizens and a Canadian have been charged with running a massive cyberfraud ring that stole 1 billion email addresses, then sent spam offering knockoff software products, the U.S. Department of Justice said on Friday. That high-profile 2011 attack was followed by a wave of customer notifications from Epsilon clients,...
On Wednesday, American Express Co said it would stop offering a co-branded credit card with Costco when its contract with the retailer ends in March 2016. These products are big business for companies such as American Express- nearly a third of the company's purchase volume is on co-branded cards. The official noted that banks that issue Visa or Mastercard...
Some of Thursday's midday movers:
"I'm telling you, it didn't get a lot of attention, but this is what made the market go up," Cramer said.
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Thursday: Hertz, Ulta, ADS & more.
Google mantra 'Do no evil' meets its match in Skybox, a satellite maker spying on the globe in high resolution, from port to rain forest.
After an early April swoon, most stocks have recovered. However, there are still 8 of them that are down 10 percent or more. Investors are suffering.
Next week will be busy. There is considerable interest in the Fed's very large POMO operation on Thursday.
With Washington's debt battle over, markets will quickly shift focus to earnings and how much the government shutdown actually impacted the economy.
Three tech laggards could have strong upside, Zack Safran of Ivy Science & Technology Fund says.
Among the earnings stories for Thursday, Oct. 18, from AP Business News:. _ Nucor Corp.' s third-quarter net income plunged 39 percent on lower sales and prices as demand for steel fell in the sluggish global economy.
DALLAS-- Alliance Data Systems Corp., which manages loyalty and rewards programs for retailers and others, posted a 27 percent increase in third-quarter earnings, led by growth in its private label business. Alliance said Thursday it earned $119.5 million, or $1.84 per share, in the three months that ended Sept. 30.
Oct 12- Alliance Data Systems Corp:. *Barclays raises Alliance Data Systems price target to $160 from $145;. Reuters Station users, click. 1568.
*Raymond James Raises Heartland Payment to outperform from market. *Raymond James Cuts Alliance Data Systems to market perform from. Reuters Station users, click. 1568.
Exporters with a global reach, an economy that has stayed out of recession, and an abundance of solid household names made Germany a top pick for those who wanted to- or had to- invest in euro zone equities when the currency union's future looked in question earlier this year.
The U.S. banking quadropoly of Bank of America, Citigroup, Wells Fargo, and JPMorgan Chase has worn out its welcome with the public, but don't look for Amazon, Google, or even Wal-Mart Stores to offer a meaningful alternative.
OSLO, Oct 8- German sportswear company Puma. announced a range of biodegradable shoes and clothes on Monday, seeking to lead in protecting nature as it tries to catch up with rivals Nike and Adidas in sales.