Take a look at some of Friday's midday movers:
--On Oct. 10, 2012, we downgraded the Kingdom of Spain to' BBB-/A-3' from' BBB+/ A-2'. The outlook on Spain remains negative. --Our criteria allow a one-notch differential between the ratings on the core operating entities of Spanish insurance group Grupo Catalana Occidente, S.A. y Sociedades Dependientes, and the ratings on Spain.
Take a look at some of Tuesday morning's early movers.
Talk about low expectations: S&P futures rose a bit on the ADP report, even though it was slightly below expectations. We are now back in the twilight zone game called Gaming the Fed: More weak data increases the chances of a third round of quantitative easing.
It appears boot sales aren't taking a hike anytime soon.
Futures budged upwards after a mixed bag of economic reports at 8:30am ET... Weekly jobless claims came in essentially inline with estimates. Continuing claims continued to hit record highs... April durable goods rose 1.9 percent, far exceeding economist forecasts for a 0.5 percent rise.
Following are the day’s biggest winners and losers. Find out why shares of Heinz and Big Lots popped while Marriott and gold dropped.
Footwear retailers Genesco and Finish Line said Monday they were terminating their merger plans and the financing commitment of Swiss bank UBS.
The markets closed the week mostly flat on rising oil, global tensions and dismal housing numbers. Find out where the traders think you can make money next week.
Stocks finished little-changed after another up-and-down session.
A Tennessee court has ordered Finish Line Inc to close the $1.5 billion acquisition of shoe and hat retailer Genesco, sending Genesco shares up 16 percent.
With two days left in the trading year, the long reign of small caps over big caps appears to be over: The Dow Industrials are up 7.2 percent, the S&P 500 is up 4.1 percent, the Nasdaq is up 10.8 percent and the Russell 2000 is down 1.8 percent.
Stocks closed sharply lower after a brokerage downgrade of Citigroup sparked concerns that there may be more mortgage losses to come, raising doubts about the outlook for the economy.
KKR, and Goldman walked away from their buyout of stereo maker Harman (HAR) Friday afternoon. Of all the deals announced this summer how many will get done?
Foot Locker is considering putting itself up for sale following disappointing performance at its U.S. shoe stores and the failure to buy Genesco, the New York Post reported Thursday, sending the retailer's shares up nearly 12%.
Earnings news and clinical trial data were some of the catalysts behind the most actively traded stocks on Monday.
Finish Line said it agreed to acquire larger rival Genesco for $54.50 per share, or about $1.5 billion, in cash to enhance its footwear and apparel portfolio.
Here's our contest stock breakdown. Hubb Group was a great performer, putting our new #2, Shi Nisman in a very good position on the leaderboard. (up from 7th place). The widely helds and most actives remain pretty much the same. However, TOA, one of the widely helds, turned up on the best performing list. News of an increase in home construction helped make the difference for this stock--and for contest stock holders.
Specialty footwear retailer Genesco said Monday its board has rejected Foot Locker's unsolicited bid for the company of $46 a share, or $1.2 billion.
Foot Locker is making an unsolicited $1.2 billion cash offer for shoe, hat and accessories retailer Genesco Inc., which said Friday it will evaluate the proposal with its financial adviser Goldman Sachs.