• Herbalife (HLF) beat the street with its quarterly earnings and raised its full-year forecast. The controversial supplement company posted $1.10 a share compared with estimates of $1.06. Excluding items it actually made $1.27 and revenue rose 17% from a year ago. Call the report at least a temporary win for activist investor Carl Icahn who's been backing the company while his rival Bill Ackman calls it a pyramid scheme. Shares are well off their 52-week high of about $71 which was set exactly a year ago. So far they haven't moved much on this earnings report.

    Next up is McGraw Hill (MHP) which is out with earnings this morning. The company beat on both the top and bottom lines posting 80-cents a share on $1.18 billion in revenue. Just yesterday it was announced that the company's S&P ratings service has settled a lawsuit involving its ratings before the financial crisis. There were 14-plaintiffs in the case. Moody's was also part of the settlement. McGraw Hill stock is down 4% year to

    Read More »

  • Are We Still in for a Spring Swoon?

    By | Hot Stock Minute – Tue, Apr 30, 2013 6:57 AM EDT

    For the past three years markets have gone through a Spring swoon. Will this season continue the pattern? Vote below in our poll. But first listen to Yahoo! Finance's Matt Nesto and Aaron Task talk about the matter. The pair also talk about Pfizer's miss on earnings, paying down the federal debt, today's Fed meeting, and internet gambling.

  • Tech stocks sparked a broad rally today that sent the S&P 500 up 0.7% to set a record closing high of 1593.60. The Nasdaq rose 0.85% to 3,307, putting the tech-heavy index at a 12-year high.

    A better-than-expected report on pending home sales helped drive the move higher. The National Association of Realtors says its figure rose 1.5% in March. Expectations were for a gain of 1%. There had been a decline of 0.4% in February. Meanwhile, reports from the Commerce Department indicate consumer spending and income both rose 0.2% in March. Personal spending growth was expected to be flat after rising 0.7% in February. Incomes were expected to have increased 0.4%.

    Herbalife (HLF) moved over 1% higher ahead of its earnings report which will put the battle between activist investors Bill Ackman and Carl Icahn back in the spotlight. Consensus has been for the company to post earnings of $1.07 a share, up from 88-cents last year on revenues of about $1.1 billion. You'll recall Ackman attacked the

    Read More »

  • CFTC Holds Twitter #HackCrash Hearing

    By Nicole Goodkind | Daily Ticker – Mon, Apr 29, 2013 2:35 PM EDT

    It was one week ago this Tuesday that a hacked AP account tweeted, “Breaking: Two Explosions in the White House and Barack Obama is injured” to its 1.9 million followers.

    Moments later, the @AP twitter handle released a statement saying they had been hacked and that President Obama was fine, but the markets had already reacted. The Dow Jones Industrial Average plummeted 150 points and lost $136 billion in value before rebounding.

    The Syrian Electronic Army, a group that backs Syrian President Bashar al-Assad and attacks western media for what they believe to be unfair coverage of the country's ongoing conflict, has taken responsibility for the hack.

    The U.S. Commodity Futures Trading Commission is investigating the Twitter hoax and held a panel discussion Tuesday on “market issues resulting from the April 23 twitter attack.”

    The CFTC’s technology committee is made up of bankers, scholars, and traders who, according to The New York Times, are looking at 28 different futures contracts

    Read More »

Pagination

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
(1,000 Stories)

RATES

 
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
Save List to Portfolio »
 
Sign-in to view quotes in your portfolios.