analyst

Stock Market News for March 05, 2015 – March 5, 2015 – Zacks.com

Markets ended in the red for the second consecutive day, handing the Dow and S&P 500 their worst closing levels since Feb 19. Some opined there were no real panic in the markets, nonetheless the Nasdaq was dragged away from its 5K for the second day in a row. Among the day economic numbers, the private-sector employment gains in February […]

Barclays Expands Coverge To 7 New Biotech Stocks

Barclays announced expanded coverage on seven biotech stocks Wednesday. Below are the new ratings and price targets along with comments from analyst Geoff Meacham.Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) was rated at Underweight with an $8 price target. The firm’s thesis was that “Achillion is likely to get left behind even with solid clinical data; a takeout may be one of […]

Barclays Expands Coverage To 7 New Biotech Stocks – Achillion …

Related ACHNAfter-Hours Movers Led By Bob Evans, Bazaarvoice And Smith & Wesson On TuesdayTop 5 Biotech Stocks That The Smart Money Doesn’t LikeAchillion Pharma updates guidance after Q4 results(Seeking Alpha)Barclays announced expanded coverage on seven biotech stocks Wednesday. Below are the new ratings and price targets along with comments from analyst Geoff Meacham.Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) was rated at […]

Stock Market News for March 04, 2015 – March 4, 2015 – Zacks.com

Dismal monthly car sales report dragged benchmarks down from their record highs in light volume trade on Tuesday. Profit taking also retreated Nasdaq from its key 5K level, a 15-year milestone. Also affecting the markets was Israeli Prime Minister Benjamin Netanyahu’s criticism of White House and Iran’s attempts of a nuclear deal.For a look at the issues currently facing the […]

Stock Market News for March 03, 2015 – March 3, 2015 – Zacks.com

Nasdaq closed above the 5000 mark for the first time since Mar 2000 boosted by a new deal in technology sector. The Dow and the S&P 500 also touched record highs as the US economy is seen to be gradually picking pace. Markets ended in the green, despite reports of slowdown in manufacturing activity and consumer spending. Meanwhile, interest cuts […]

Stock Market News for March 02, 2015 – March 2, 2015 – Zacks.com

Benchmarks ended Friday’s trading session in the red as investors weighed positive housing and consumer confidence data against slowdown in the U.S. economic growth. However, benchmarks were able to post their biggest monthly percentage gains in more than two years in February. Strong earnings results by retailers and tech companies, firming up of oil prices, and easing concerns in the […]

Stock Market News for February 18, 2015 – Zacks Investment …

Benchmarks started the holiday-shortened week on a positive note banking on encouraging news from Greece. Indications that the Greek government intends to seek an extension of the country’s loan agreement program improved sentiment. While the S&P 500 closed at an all-time record high, the Dow closed at the highest level so far this year. Markets were closed on Monday for […]

Stock Market News for February 17, 2015 – Zacks Investment …

Benchmarks closed at record highs on Friday after higher oil prices boosted energy shares. While the S&P 500 closed at an all-time record high, the Dow ended above the 18K mark for the first time this year. The Nasdaq hit a 15-year high, boosted by gains in technology stocks. Friday’s gains helped benchmarks settle in positive territory for the second-straight […]

Stock Market News for February 13, 2015 – Zacks Investment …

Benchmarks ended in the green on Thursday after a ceasefire agreement between Russia and Ukraine boosted investor confidence. Moreover, encouraging earnings results including those from Cisco and TripAdvisor helped markets register solid gains. A rally in oil prices also boosted energy shares. However, disappointing economic data on the domestic front eroded some of the day’s gains. The Nasdaq reached its […]

Stock Market News for February 12, 2015 – Zacks Investment …

Benchmarks ended Wednesday’s choppy session almost unchanged as uncertainty regarding bailout negotiations between Greece and its creditors dented investor sentiment. Moreover, renewed worries about the Russia-Ukraine crisis also dampened investor sentiment. Meanwhile, another decline in oil prices following rise in crude inventories dragged down energy shares. However, encouraging earnings results including those from Pepsico and Mondelez limited losses yesterday.For a […]