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Financial News
(Site: Yahoo! Finance: US Market News)
Stock futures signal higher open; Facet eyed (Reuters) Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.07 percent, Dow Jones futures up 0.09 percent and Nasdaq 100 futures up 0.25 percent.
Business Highlights (AP) A Toyota Prius that sped out of control on a California freeway was towed to a dealership Tuesday while federal and company inspectors converged on the car to determine whether a stuck gas pedal was to blame.
Select Medical shares fall on investigation report (AP) Select Medical Holdings Corp. shares tumbled Tuesday, a day after a media report said the Senate Finance Committee is investigating patient deaths and allegations of substandard treatment at long-term care hospitals.
Sector Wrap: Airline stocks rise (AP) Shares of U.S. airlines rose Tuesday after executives at leading carriers said business travel is picking up and revenue from extra fees is rising.
Systemax shares soar after 4Q results (AP) Shares of Systemax Inc., an electronics retailer, shot higher Tuesday after the company said its fourth-quarter earnings jumped 84 percent.
Analyst cuts rating on CEC after shares rise (AP) An analyst lowered his rating on the operator of Chuck E. Cheese theme restaurants on Tuesday because the stock price has jumped 50 percent since last fall.
Ameriprise CEO's pay grows 52 pct. in 2009 (AP) Ameriprise Financial Inc. Chairman and CEO James M. Cracchiolo saw his total compensation grow 52 percent in 2009 to $18.2 million, largely because he earned a cash incentive after receiving no such award the previous year.
Invesco shares drop after monthly assets report (AP) Shares of Invesco Ltd. fell on Tuesday after the investment manager reported its managed assets total was largely unchanged at the end of February compared with the previous month.
Arris shares jump after Needham upgrade (AP) Shares of Arris Group Inc. jumped Tuesday after Needham & Co. upgraded the provider of equipment for the cable industry, predicting a growth spurt led by international sales and new products.
Thor Industries shares fall on 2Q earnings miss (AP) Shares of Thor Industries Inc. fell Tuesday after the recreational vehicle and bus maker's fiscal second-quarter earnings fell short of analysts' expectations.
Sprint Nextel shares jump for second day (AP) Shares of Sprint Nextel Corp. jumped for a second day Tuesday as investors cheered signals that the lagging telecommunications company is getting stronger.
Broadwind gets JPMorgan's top rating, shares up (AP) A recovery in the wind energy sector starting in the second half of the year will boost sales growth for Broadwind Energy Inc., a JPMorgan analyst said Tuesday.
Cerus shares rise on R.W. Baird upgrade (AP) Shares of Cerus Corp. rose Tuesday as an R.W. Baird analyst upgraded his rating on the company, citing the value and potential of the Intercept blood system.
Zumiez shares rise ahead of 4Q report (AP) Shares of Zumiez Inc., which sells skateboards, snowboards and related apparel, rose on Tuesday after an analyst said the retailer has good momentum.
Zoran shares fall after Collins Stewart downgrade (AP) Shares of Zoran Corp. fell Tuesday after a Collins Stewart analyst downgraded the company to "Hold" from "Buy" on concerns about an oversupply of the digital televisions that use its chips.