Notable ETF Movers of the Day 10/12: (IYT) Higher; (XME) (XLF) Lower
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Wells Fargo (WFC) Tops Q3 EPS Views, But Investors Weary on Easing Mortgage Activity
October 12, 2012 8:43 AM EDTWells Fargo (NYSE: WFC) is ticking lower Friday morning following third-quarter 2012 results and outlook.
Net income rose over 19 percent to $4.9 billion, or 88 cents per share. Revs were flat at about $21.2 billion.
The Street was looking for EPS of 87 cents and revs... More
Citi Downgrades Titanium Metals (TIE) to Neutral
October 12, 2012 7:03 AM EDTCiti downgraded Titanium Metals (NYSE: TIE) from Buy to Neutral with a price target of $13.00.
For an analyst ratings summary and ratings history on Titanium Metals click here. For more ratings news on Titanium Metals click here.
Shares of Titanium Metals closed at $12.43 yesterday, with a 52 week range of $10.42-$17.95.... More
JB Hunt Transport Services, Inc. (JBHT) Posts Mixed Q3 Results
October 11, 2012 4:00 PM EDTJB Hunt Transport Services, Inc. (NASDAQ: JBHT) reported Q3 EPS of $0.65, $0.02 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.28 billion.
The Estimize consensus was $0.68 and $1.28 billion, respectively.
For earnings history... More
