Category: General Market NewsSort
J.C. Penney Company, Inc. (NYSE:JCP) is getting smoked today. The stock is trading at $14.21, -1.66 (-10.46%) after hitting a new 52 week low at $13.90 earlier. This massive decline is coming on the back of the company getting rid of CEO Ron Johnson. While this was initially cheered, the replacement caused fresh horror. The new CEO of J.C. Penney is Myron Ullman. He was the CEO prior to Ron Johnson. ....
Last week's string of bad economic data may finally be the tipping point we have been waiting for. For the past few weeks, I have become more and more bearish on the US economy and stock market. Payroll tax hikes, sequestration, and slowing global growth mixed with a euphoria for a rising stock market have pushed the markets into a high risk environment.
Investing Ideas: Social Media Stocks, Homebuilders Stocks and Gaming Stocks
Point Roberts, WA - April 8, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors releases thee free special reports for global investors; a list of publicly traded gaming stocks, a list of publicly traded homebuilder stocks and a tech stock list featuring social media stocks including (FB), (LNKD), (GRPN) and cloud computing stocks.
The S&P 500 Companies to Watch This Earnings Season
It’s almost that time again, corporate earnings season. Starting next week, American firms begin reporting their corporate earnings for the first quarter of 2013. Considering how high the S&P 500 is, many analysts and investors will be closely watching the results.
What Others Are Reading : Tech Stocks
Mining News Alert; Argentina Gold Stock Soltera Mining (SLTA) Reports Exploration Program Results
America’s Auto Sector Says Thank You to Mr. Bernanke
The impact of the Federal Reserve’s low interest rates and easy monetary policy can be seen everywhere. The housing sector is seeing another boom thanks to the Federal Reserve. So is the retail sector and consumer spending, in spite of the fact that jobs growth is not at pre-recession levels. The Dow and the S&P 500 also achieved more records on Tuesday. Again, the stock market wealth and all of the 300,000 or so newly minted millionaires have the Federal Reserve to thank.
Defensive Equity Sectors Outperforming Year To Date