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Sector Scan: Marine Transportation and Home Improvement Retailers Rise, Specialty Finance Loses
Publish Date : 6/16/2011 1:00:00 PM
The marine transportation sector added 2.80 percent to emerge as the market’s best performing sector, closely followed by home improvement retailers with a 2.57 percent gain. The specialty finance sector lost 1.11 percent to become the market’s worst performing industry.
Dividend Scan: NYX, OXM, RIMG, MSW, CHSP, EPR
Publish Date : 6/16/2011 12:10:00 PM
Amidst the positive movement of the U.S. market, several companies declared their future dividend plans. Some notable dividend payers are discussed here.
Financial Sector Rise despite Moody’s Downgrade
Publish Date : 6/16/2011 12:04:00 PM
Stocks in the financial sector were trading higher Thursday despite a sharp drop in stock price of Moody’s Corp. (NYSE: MCO) after Lazard downgraded the stock to neutral from buy.
Allstate Announces Extent of Catastrophic Losses
Publish Date : 6/16/2011 12:00:00 PM
May was not kind to the Allstate Corp. (NYSE:ALL). The insurance giant reported a $600 million, pre-tax catastrophic loss for the month. The company said losses stem from seven events, including the tornadoes that caused severe damage in places such as Oklahoma.
Retail Shares mixed; Focus on Kroger, Home Depot, Macy’s
Publish Date : 6/16/2011 11:32:00 AM
Retail sector stocks mostly rose Thursday led by Kroger Company (NYSE: KR) which rose 4.44 percent to $23.97 after it reported better-than-expected first quarter earnings earlier today.
Analysts Expect Q1 Research In Motion Slump
Publish Date : 6/16/2011 11:30:00 AM
Research In Motion Ltd. (Nasdaq:RIMM) is expected to report a slump in earnings today when it releases fiscal Q1 numbers after the market closes today.
Technology Stocks Mixed Ahead of RIM’s Results
Publish Date : 6/16/2011 11:20:00 AM
The US technology sector stocks were trading mixed Thursday, as investors awaits the highly anticipated quarterly results of Research in Motion Limited (Nasdaq: RIMM), which rose 1 percent to $35.54 in the early hours of trading today.
Ford Warns of Impending Earnings Miss
Publish Date : 6/16/2011 11:00:00 AM
Ford Motor Co. said it likely will miss analysts' current estimates for second-quarter pretax profit, according to a report in MarketWatch, which is part of Dow Jones Consumer Media Group.
Energy Sector Rise after Posting Big Losses Yesterday
Publish Date : 6/16/2011 10:30:00 AM
Energy Sector stocks rose Thursday after posting heavy losses on Wednesday. The rally in the energy sector was led by Southern Union Co. (NYSE: SUG), which rose 17.62 percent to $33.24, after Energy Transfer Equity L.P. (NYSE: ETE) agreed to acquire the company for $7.9 billion, including $3.7 billion of existing SUG debt, creating the premier group of integrated midstream companies in the United States natural gas industry.
Earning Scan: KR, PIR, SFD, RIMM, CFI
Publish Date : 6/16/2011 10:00:00 AM
Several companies declared their quarterly earnings before their opening bell today, while few companies are scheduled to report their earnings after the market closes. Some notable earners are discussed here.

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