Cracks In The Market Emerge, Downside Imminent
The markets are seeing red today with the SPDR S&P 500 ETF (NYSEARCA:SPY) trading at $135.86, -0.60 (-0.44%). After Greece received its second bailout over the holiday weekend, the markets have started to show major cracks. Interestingly enough, this is happening just as the retail investor is ju...
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Tags: spy | aapl | qqq | cat | ma
02.22.12 – Weak Internals
Internals are looking weak, but the S&P 500 has found initial support at the top of its pre-break out range. That makes the mid-$135 SPY range key to watch.
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Tags: uncategorized | spy
Wells Fargo Buys Energy Lending Biz -...
Wells Fargo & Company (WFC) is boosting its energy lending business. Its banking unit, Wells Fargo Bank has entered into a definitive agreement to purchase BNP Paribas' North American reserve-based and associated diversified energy lending business in an all-cash deal. The deal, subject to regu...
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Tags: analyst-blog | ire | wfc
Earnings Preview: Foster Wheeler - Analyst Blog
Foster Wheeler AG (FWLT) is slated to release its fourth-quarter 2011 results on Thursday, February 23, 2012. The current Zacks Consensus Estimate for fourth-quarter earnings per share (EPS) is 45 cents, representing an annualized growth of 43.6%. For 2011, the Zacks Consensus Estimate for ea...
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Tags: analyst-blog | flr | fwlt | jec
Netflix Teams TWC to Enhance Content -...
A leading provider of online movie rental services, Netflix Inc. (NFLX) recently entered into a multi-year exclusive licensing deal with The Weinstein Company (TWC). Under the terms of the agreement, Netflix will stream TWC produced movies online within one year of their theatrical release. Howe...
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Tags: analyst-blog | amzn | cmcsa | dish | nflx | vz
