Economic News

• Daily Wrap: 9/9/10 09/09/2010
  Stocks retreated from earlier gains but the major indexes still managed to close in positive territory. A better than expected jobs report sparked the rally this morning. […]
• Daily Dividend Report: NUE, TGT, DOW, TYC, HES 09/09/2010
  After the bell yesterday, Nucor (NUE) declared its quarterly dividend of 36 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 3.6% going forward. […]
• Sector Wrap: Pharmaceuticals, Technology, Energy 09/09/2010
  The pharmaceutical, technology, and energy sectors have been abuzz with news during this second week of September. In the pharmaceutical sector, Bristol-Myers Squibb (NYSE:BMY) said it has agreed to acquire Zymogenetics (NASDAQ:ZGEN) for $9.75 per share in cash, or a total of $885 million. […]
• Thursday Sector Leaders: Wholesale, Real Estate Development Stocks 09/09/2010
  In trading on Thursday, wholesale shares were relative leaders, up on the day by about 2.9%. Leading the group were shares of Cervus Equipment (CVL. […]
• Thursday Sector Laggards: Rubber & Plastics, Radio Broadcasting Stocks 09/09/2010
  In trading on Thursday, rubber & plastics shares were relative laggards, down on the day by about 4.3%. Helping drag down the group were shares of Spartech (SEH), down about 33.3% and shares of Aep Industries (AEPI) down about 9% on the day. […]
• Thursday's ETF Movers: PUW, XME 09/09/2010
  In trading on Thursday, the WilderHill Progressive Energy Portfolio ETF (PUW) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Methanex (MEOH), up about 4.4% and shares of General Cable Del (BGC), up about 2.5% on the day. […]
• Today's Big Losers: AEPI, NEP, SEH 09/09/2010
  AEP Industries (AEPI) posted a quarterly profit of 55 cents per share, down from 79 cents in the same quarter last year. Net sales were up 8% year over year, which the company said was the result of an increase in average selling prices attributable to higher resin costs, but offset by a decrease in sales volume. […]
• Today's Big Gainers: AXR, SNTS, BSDM 09/09/2010
  AMREP Corporation (AXR), which operates in land development and media services, announced the Vice Chairman of its Board of Directors has offered to take the company private, for 12 dollars per share in cash. AMREP had been trading at a 52 week low yesterday, and jumped about 18% on the news, to change hands above the 12 dollar mark Thursday afternoon. […]
• Apple Relaxes Restrictions Apps 09/09/2010
  Apple (AAPL) said today it is relaxing all restrictions on the development tools used to create iOS applications for its devices, as long as the resulting apps do not download any computer code from the devices. Apple said the move will give developers the flexibility they want, without sacrificing security. […]
• Fast Food News: McDonald's, Burger King 09/09/2010
  The #1 fast food chain in the world, McDonalds (MCD) said today its global same-store sale rose 4.9% in August. Same-store sales were up 4.6% in the US, where sales of McCafe Real Fruit Smoothies and Frappes fueled growth. […]