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Market Wrap For May 27: S&P 500 Closes At New Record High After Holiday Weekend
Tuesday, May 27, 2014 - 4:48pm | 1979Read More...U.S. stocks rose on a light volume trading session following a three day weekend. Regardless, the S&P 500 index hit a new intraday all time high of 1,912.28. Tuesday's trading session saw the release of mostly positive economic data including durable goods and the S&P/Case-Shiller...
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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369Read More...U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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Merger Monday Strikes Again (OMC, SKS, PRGO, ELN)
Monday, July 29, 2013 - 9:28am | 1214Read More...Merger Monday struck this morning as several high profile deals were announced heading into this week's trading. Notable deals included the merger of Omnicom (NYSE: OMC) and Publicis (OTC: PUBGY), Saks (NYSE: SKS) being bought by Canada's Hudson's Bay, and Perrigo (NYSE: PRGO) buying Elan (NYSE:...
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Omnicom Shares Unmoved on Q2 Earnings (OMC)
Thursday, July 18, 2013 - 10:38am | 137Read More...Omnicom Group (NYSE: OMC) released second quarter earnings Thursday morning for the three month period ended June 30. EPS came in at $1.09, beating the analyst consensus by 0.93 percent. Conversely, revenue missed estimates by 12 million at 3.65 billion. This is a 2.4 percent increase in net...
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Churchill Downs, Luxottica and Others Analysts Are Bullish On
Tuesday, May 15, 2012 - 6:55am | 968Read More...Here is a quick look some dividend payers in the services sector that have a consensus recommendation of analysts of Strong Buy. Cedar Fair (NYSE: FUN) is more than 39% higher in the past six months but has pulled back about 9% from recent a multiyear high. The amusement park operator,...
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Earnings Expectations for the Week of July 18
Sunday, July 17, 2011 - 9:18am | 1316Read More...Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...
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Deutsche Bank Reiterates Buy on Omnicom (OMC)
Thursday, March 3, 2011 - 8:54am | 113Read More...Deutsche Bank is out with its report today on Omnicom (NYSE: OMC), reiterating Buy. In a note to clients, Deutsche Bank writes, "We think the market treated Omnicom a bit harshly post the 4Q results and conf call. The FY margin came in precisely as management indicated it would, irrespective of the...
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JP Morgan Raises PT On Omnicom To $55
Wednesday, February 16, 2011 - 8:05am | 27Read More...JP Morgan has raised the price target on Omnicom Group (NYSE: OMC) from $53 to $55 and maintains its Overweight rating.
