While Microsoft (NASDAQ: MSFT) and Sony (NYSE: SNE) were making their presences known at the CES (Consumer Electronics Show), and Apple (NASDAQ: AAPL) continues to impress, many market pundits and observers spent the first half of the week all but heralding the death of Android. Fittingly, shares of Google (NASDAQ: GOOG) were in pullback mode, selling off for three days in a row, and trading within a dollar or two of making it four in a row on Tuesday. The stock has since been trading sideways after the initial pullback dropped GOOG into technically oversold territory for the first time since late November….
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The conventional wisdom on industrial metals like steel and iron is that companies operating in this space will see share price appreciation to the extent that China keeps booming. And there’s no doubt that concerns over whether a cooling economy in China will lead to a hard landing or a soft landing have helped keep buyers on the sidelines in stocks like Nucor Corp (NYSE: NUE) and U.S. Steel (NYSE: X) since the spring….
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The big rumor in the tranportation sector was a potential acquisition of AMR Corporation, parent company of American Airlines, by either Delta Airlines (NYSE: DAL) or US Airways (NYSE: LCC). But short-term traders interested in a far less intense engagement with the airlines industry may prefer to focus on a pair of airlines stocks that have moved to “potential acquisition” levels in the short-term….
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For some investors, middle cap stocks represent a sweet spot between the security and relatively low volatility of large cap stocks and the growth potential of small caps. When it comes to short-term trading, many of these mid cap stocks provide the same value, allowing traders and more active investors to trade stocks that are often more stable than the small caps, but still have the ability to “zip” like lower cap stocks have a tendency to do….
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Better-than-expected results by IT bellwether Infosys (which posted a 11 per cent increase in net profit to touch Rs 1,906 crore in Q2 FY12), overshadowed disappointing IIP numbers and took the Indian benchmark indices, the Sensex and the Nifty, over 2.5 per cent up on Wednesday.The Sensex was up 2.55 per cent or 421.92 points and closed at 16,958.39 while the Nifty was also up 2.51 per cent or 125.05 points and closed at 5,099.40….
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The decision by Bristol-Myers Squibb (NYSE: BMY) to acquire Inhibitex (NASDAQ: INHX) has restored attention to a sector that has often benefitted from seasonal strength in the first half of the year. Shares of BMY have been pulling back from new, yearly highs, closing lower for five out of the past six trading days, including trading lower by nearly 1% on Monday, the day of the INHX announcement). BMY has finished lower for three out of the past four sessions…
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Stock market lore says that you can learn a lot about the stock market simply by watching the leaders. When the leading stocks begin to advance, a broad-based market move higher is often not far behind, goes this sentiment. And when the leaders begin to retreat, you can be sure that the rest of the stock market will follow, sooner or later and to greater or lesser degree…
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While the big story of 2012 so far, is the outperformance of the financial sector, including stocks like Bank of America (NYSE: BAC) and Citigroup (NYSE: C), savvier investors have long been highlighting the regional banks as a better way to add financial exposure to a stock portfolio. With less vulnerability to any potential European debt crisis spillover compared to the big money center banks, regional banks are allegedly positioned to benefit specifically from a recovering economy here in the United States…
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The share price of Alfa Laval India, which has proposed to delist its shares voluntarily from the bourses, spurted on the NSE to its 52-week high following upward revision of the indicative offer price to Rs 2,850/share by the Swedish promoters to acquire the balance floating stock prelude to delisting….
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Shares of Home Development Corporation (NYSE: HXM) have been trading in bear market territory for nearly a year, slipping below their 200-day moving average in the second half of February 2011. HXM reached it low at the end of November, after losing more than half its value. Home is a home building and construction company that specializes in affordable and middle-income housing in Latin American countries like Mexico and Brazil…
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