Stocks fell as investors awaited the start of the earnings season and shrugged off a spate of mergers and acquisitions activity. DuPont and Microsoft fell fell, while GE rose.
And it’s a good time for investors to own stocks, said Robert Doll, chief equity strategist at BlackRock, based on the firm’s latest quarterly asset allocation report.
The worst-kept secret in technology is about to become official. Verizon has scheduled an announcement on Tuesday, and just about everyone says it’s to tell the world exactly when it will begin servicing the iPhone.
Here's why you should keep a close eye on these six stocks.
Tremendous excitement over the weekend about the likely Verizon announcement of a CDMA-based iPhone on Tuesday. Stifel Nicolaus thinks five to six million AT&T subscribers may switch to VZ, despite two-year contracts and Family Plans from AT&T.
Stocks ended mixed as the Dow's rally skidded to a halt as retailers reported weaker-than-expected December sales. Verizon and Travelers slid, while Microsoft gained.
Stocks traded mixed Thursday as technology stocks rose and retailers skidded following weaker-than-expected December sales. Verizon skidded, while Microsoft gained.
Monsanto matched market expectations with its earnings results on Thursday and reaffirmed its financial goal for the full year. But Kevin Kirkeby of Standard & Poor’s said he still has a “hold” rating on the stock.
Stocks turned mixed as retail stocks skidded on news of weaker-than-expected December sales. Verizon and AT&T fell, while Boeing rose.
Look to invest in the highest-quality and high-yielding stocks, recommended Channing Smith, vice president and co-manager at Capital Advisors, and Oliver Pursche, president of Gary Goldberg Financial Services.
CES kicks off today and buzz is already building about the hot new devices and services that will grab the attention of consumers and investors. Some clear themes have already emerged and it's all about new mobile devices, seamless integration of streaming and traditional content, more powerful chips, and persistent 3D.
Verizon shares are trading around their highest levels in more than two years, but don’t start taking profits yet! So said Christopher King, senior telecom services analyst at Stifel Nicolaus. He believes the rally will continue going into next year.
Pointing to large-cap picks, Bill Spiropoulos, CEO of CoreStates Capital Advisors, and Keith Goddard, president of Capital Advisors, suggested that investors look into the following stocks.
The stock market is likely to see "another double-digit return next year," said James Paulsen, chief investment strategist at Wells Capital Management.
Investors should look into stocks that offer a dividend payout, said Joseph Keating, executive vice president and CIO of CenterState Bank, and Chip Cobb, senior vice president at Bryn Mawr Trust.
Stocks rallied to new highs as the S&P 500 Index reached its highest close since Lehman Brothers went bankrupt in September 2008 amid light trading and several strong earnings reports. Bank of America and JPMorgan rose, while 3M fell.
The rally continues…new highs for the S&P 500, with the index now up 6.3% this month. That gives the S&P its best December since 1991.
Stocks reached new highs on modest gains Tuesday amid light trading and a series of good earnings reports and in the absence of key economic data. JPMorgan and Bank of America rose, while 3M fell.
The FCC voted to approve the first ever broad regulations of the Internet, but they were adopted reluctantly—the rules have been so adapted and compromised that people on both sides of the aisle are frustrated.
Stocks traded mixed ahead in lackluster trading, although the S&P 500 and the Nasdaq hit new two-year highs on thin gains amid a lack of economic news. Alcoa and 3M rose, while American Express fell.