Some of the names on the move ahead of the open. » Read More
*Apple shares fall 1.4 percent after setback in Samsung case. *Sprint volume surges, shares jump on Softbank deal reports. NEW YORK, Oct 11- U.S. stocks erased most gains and were little changed on Thursday as a drop in Apple shares after a legal ruling dented broad market gains on a sign of improvement in the jobs market.
*Sprint volume surges, shares jump on Softbank deal reports. More than 320 million shares of Sprint Nextel changed hands in U.S. trading by 11:30 a.m. ET, making it the busiest day in the stock's history. Clearwire Corp, in which Sprint holds a majority interest, surged 38 percent to $1.79.
*Sprint jumps on reports of possible Softbank deal. NEW YORK, Oct 11- U.S. stocks advanced on Thursday after data showed initial jobless claims fell to the lowest level in more than four and a half years, suggesting improvement in a key factor for economic growth.
WINONA, Minn.-- Fastenal Co. said Thursday that its third-quarter net income rose 13 percent, boosted by double-digit sales increases in all three months of the period and the addition of new stores.
*Sprint jumps on reports of possible Softbank deal. NEW YORK, Oct 11- U.S. stocks were poised for a higher open on Thursday after data showed initial jobless claims fell to the lowest level in more than four and a half years.
The earnings season is smacking the stock market even before it’s begun.
COMPANIES Fastenal Q3 2012 Safeway Inc. Q3 2012 MACRO DATA 0600 DE CPI 0645 FR HICP 1230 US Import/Export Prices 1230 US Initial Claims Reuters messaging rm:// firstname.lastname@example.org.
Take a look at some of Monday's midday movers:
Following are midday movers you might have missed. Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
Sick and tired of going to one of those giant stores for tools, or nails? Amazon is counting on it!
Still bruised by the March jobs reports, markets will be watching jobless claims to see if the trend towards job growth remains intact — or if it'll be a repeat of last year.
Shares of Chipotle Mexican Grill reached 37 new record highs so far this year, the most in the S&P 500.
It's the basic question when investing in a stock: is it on the way up or will it go down? Wall Street has developed numerous ways of attempting to predict what will happen.
The much-anticipated rebound in the new-home market may be here with this spring’s selling season. And that has investors diving into these highly cyclical stocks after years of decline.
Technology stocks have been gaining momentum in 2012, up eight of the last nine weeks. However, over the last 12 months, consumer discretionary and health care companies have really powered the rally.
Shares of homebuilders surged Thursday more than 3 percent, but the “Fast Money” pros said the better play might be in related companies.
Fastenal stock ratcheted up nearly 37 percent year to date, landing it the No. 15 spot in the top-performing S&P stocks of 2011.
Using research from Morningstar and S&P Capital IQ data, TheStreet.com has picked seven funds that could help investors get healthy returns with a minimal amount of risk to their capital along with a few of their top individual holdings.
With year's end just a month away, relative strength is one of the best tools we have to identify stocks that are likely to beat the market in 2012.
With earnings season officially underway, the first crop of announcements has proven to be somewhat disappointing. Combined with negative reactions to Alcoa (AA), Fastenal (FAST), and JP Morgan (JPM), the market is in a strange state of flux. The Nasdaq (up 13% in 8 days) is demonstrating that it wants to move higher, but there’s no leadership to support the move. The best growth stocks always power the market in both directions. The market is yearning for leadership, but all of the leaders are tired. Perhaps earnings season will usher in a new crop of institutional favorites. If an uptrend is to continue, a catalyst is needed and it must come in the form of liquid, leading stocks.