Archive for September 28th, 2009

Sector roundup: Apparel, recreational vehicles (AP)

Shares of women’s apparel makers Liz Claiborne Inc. and Jones Apparel Group Inc. fell after a Goldman Sachs analyst said their stock is fairly valued and downgraded the companies to “Neutral.”

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Movers roundup: Applied Materials, Cisco Systems (AP)

Shares of Applied Materials Inc. advanced after a Citigroup analyst upgraded his recommendation on the stock based on “significant” upcoming orders for its solar modules production equipment.

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Corporate takeover news lifts Wall Street (Reuters)

U.S. stocks rose on Monday, halting a three-day losing streak, as a spurt of corporate takeovers in the technology and healthcare sectors fueled optimism about share values.

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Watch the Dollar Carry Trade (RealMoney by TheStreet.com)

It seems a lower greenback is the primary driver of this global rally.

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SmartHeat shares rise on "Outperform" rating (AP)

Shares of SmartHeat Inc., which sells energy savings technology and products, rose Monday after an analyst initiated coverage of the Chinese company with an “Outperform” rating.

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Major business events scheduled for Tuesday (AP)

Major business events and economic events scheduled for Tuesday: NEW YORK — Standard & Poor’s/Case-Shiller releases its July index of home prices, 9 a.m.

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Accenture shares rise after Citi upgrade (AP)

Shares of Accenture Ltd. rose Monday after a Wall Street analyst upgraded the consulting and outsourcing company and predicted improvement in its margins.

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Cisco shares jump after upgrade (AP)

Shares of Cisco Systems Inc. got a boost Monday after a Barclays analyst upgraded the networking equipment maker, saying he expects improved demand from telecommunications carriers to lead to better-than-expected revenue for the company.

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Sector Snap: Recreational Vehicles shipments climb (AP)

Monthly wholesale shipments of recreational vehicles rose in August for the first time in nearly two years, a trade group said Monday as shares of companies that make such products climbed.

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Bursele europene închid în creştere puternică, susţinute de noile anunţuri de fuziuni

Marile burse ale continentului au încheiat şedinţa de luni în creştere susţinută, după corecţiile de la finalul săptămânii trecute, în condiţiile în care noile anunţuri de fuziuni a sporit încrederea investitorilor.

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