Financial Markets

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JDSU Shares Climb After Citi Starts At 'Buy'

JDS Uniphase Shares Advance After Citi Starts Coverage With 'Buy' Rating (AP) NEW YORK (AP) - Shares of JDS Uniphase Corp. headed higher Wednesday after a Citi Investment Research analyst started coverage of the communications...

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BofA CEO Search May Extend Into 2010

Bank Of America May Need More Time For CEO Search, Lewis Could Remain Into 2010 (AP) CHARLOTTE, N.C. (AP) - Bank of America is having such a hard time finding a new CEO that some analysts are wondering if Ken Lewis might have...

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Hospitality Properties Trust Upgraded; Stocks Rise

Analyst Expects Hospitality Properties Trust To Reinstate Cash Dividend In 2010; Stocks Climb (AP) NEW YORK (AP) - An analyst upgraded shares of Hospitality Properties Trust Wednesday and said it expects the real estate...

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Coldwater Creek Drops As 3Q Results Miss Views

Coldwater Creek Falls As Retailer's 3rd-quarter Loss Wider Than Analysts' Expectations (AP) NEW YORK (AP) - Shares of Coldwater Creek Inc. slumped Wednesday after the women's apparel retailer posted a third-quarter loss that...

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WSP Holdings Plans $10 Million Share Repurchase

WSP Holdings plans share repurchase of up to $10 million in American Depository shares NEW YORK November 25, 2009 (AP) The Associated Press Post a Comment WSP Holdings Ltd., a Chinese manufacturer of oil and natural gas...

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Stock Picks: Microsoft, TiVo, J.Crew

Plus a Wall Street analyst opinion on Advisory Board Collins Stewart rates buy Jefferies & Co. rates buy Credit Suisse rates outperform Analysts cautioned on Nov. 25 not to read too much into the coming departure of Microsoft...

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Judge Tells Reserve Primary Fund to Pay out Assets

Judge orders fallen Reserve Primary fund to pay out remaining $3.5B to shareholders By TALI ARBEL AP Business Writer NEW YORK November 25, 2009 (AP) The Associated Press Post a Comment A federal judge on Wednesday ordered The...

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Dollar slumps to 15-month euro low

NEW YORK -- The dollar slid to a 15-month low against the euro Wednesday as investors fled the safe haven currency on upbeat U.S. economic reports, while markets absorbed the U.S. Federal Reserve's indication that interest...

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Dow hits new '09 high ahead of holiday

Both the blue-chip average and the S&P 500 end at 13-month peaks after reports show improvement in labor market, new home sales and consumer spending. Stocks climbed Wednesday in a thinly-traded session ahead of Thanksgiving,...

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Startups play matchmaker to challenge mutual funds

The Associated Press Wednesday, November 25, 2009; 3:52 PM BOSTON -- Pat Rosenheim took the leap after mutual funds in his Fidelity Investments 401 (k) lost nearly half their value. On Covestor's Web site, Rosenheim spent...

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