Notable ETF Movers of the Day 02/19: (XRT) (PBW) Higher; (SLV) Lower
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- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Tesla Motors (TSLA) CEO Musk Vindicated in Latest 'Times' Piece
February 19, 2013 9:49 AM ESTTesla Motors (Nasdaq: TSLA) CEO Elon Musk is getting a little bit of redemption Tuesday following a New York Times piece by John Broder on the Model S sedan last week.
The piece largely criticized the Model S and Tesla, saying... More
Staples (SPLS) Surges as Office Depot/OfficeMax Close to a Deal
February 19, 2013 8:21 AM ESTStaples, Inc. (NASDAQ: SPLS) is jumping higher early Tuesday in response to reports Monday that rivals OfficeMax, Inc. (NYSE: OMX) and Office Depot (NYSE: ODP) are in advanced talks to... More
Barclays Upgrades Best Buy (BBY) to Overweight
February 19, 2013 6:32 AM ESTBarclays upgraded Best Buy (NYSE: BBY) from Equalweight to Overweight with a price target of $20.00 (from $13.00).
For an analyst ratings summary and ratings history on Best Buy click here. For more... More
UPDATE: Raymond James Upgrades Power-One (PWER) to Strong Buy
February 19, 2013 6:31 AM EST(Updated - February 19, 2013 9:01 AM EST)
Raymond James' Pavel Molchanov upgraded Power-One (NASDAQ: PWER) from Outperform to Strong Buy with a price target of $6.00, calling it the "Stock That the Solar Rally Forgot."
The analyst notes that while the WilderHill Clean Energy Index is... More
OfficeMax (OMX), Office Depot (ODP) In Advanced Merger Talks - Reports
February 18, 2013 2:15 PM ESTWith U.S. markets closed Monday for President's Day, reports from the Wall Street Journal have surfaced that office supply retailers OfficeMax, Inc. (NYSE: OMX) and Office Depot (NYSE: ODP) are in advanced talks to merge.
The... More
Office Depot (ODP) said to be in talks to sell rest of Mexico unit- Bloomberg
February 15, 2013 1:49 PM ESTOffice Depot, Inc. (NYSE: ODP) said to be in talks to sell rest of Mexico unit, Bloomberg reports... More
Gold Breaks Down; John Paulson Clings to Holdings, George Soros & Others Pull Out (GLD)
February 15, 2013 8:45 AM ESTHedge Fund Paulson & Co., run by John Paulson, maintained its 21.8 million share stake in SPDR Gold Shares ETF (NYSE: GLD). Others including George Soros trimmed their positions in GLD, as lackluster performance weighed on sentiment.
According to filings, Soros cut his GLD holdings by 55... More
