U.S. stock index futures nudged higher Tuesday, with major averages looking to recover after a string of losses, but traders will continue to focus on developments in Washington.
U.S. stock index futures edged higher Tuesday, with major averages looking to post their fourth-straight session higher, as upbeat results from Alcoa lifted optimism over the second quarter earnings season.
NEW YORK-- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:. Murphy Oil Corp., up $4.74 at $63.74. Murphy Oil is spinning off its retail gasoline business into a separate company to focus on oil exploration and production.
--U.S.-based footwear company Wolverine World Wide Inc.. completed its acquisition of Performance and Lifestyle Group from Collective Brands Inc.. Rating Action On Oct. 11, 2012, Standard& Poor's Ratings Services assigned Wolverine World Wide Inc. its' BB-' corporate credit rating.
Oct 9- Wolverine World Wide Inc:. *Worldwide to complete acquisition of collective brands' performance and lifestyle group. *Sees earnings dilution in range of $0.25 to $0.30 per share for stub period through end of its fiscal 2012.
Oct 4- Wolverine World Wide Inc:. *On September 28, 2012, co entered into the first amendment to its credit. *Amendment modifies certain defined terms, permit co to issue its $375 million.
Cramer makes the call on viewers' favorite stocks.
Stocks pared their gains in the final hour of trading but still kicked off the first day of May on a positive note, with the Dow hitting its best closing high since December 2007, fueled by a better-than-expected manufacturing report.
As I returned from a London trip last week, I got lots of comments from traders about how the S&P is now trading at roughly 13 times 2011 consensus earnings estimates of $95. That certainly seems comparatively cheap. There are two problems.
Buoyed up by the popularity of barefoot running, running shoes that provide the foot with minimal support to allow for more "natural" running have gained a cult following. But now it appears that these shoes, which include brands such as Vibram's Five-Finger shoes, are being worn by consumers who aren't hardcore barefoot runners.
Several points stand out in Mr. Bernanke's press conference.