Dallas, Texas 11/05/2013 (Financialstrend) - The stock of Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) plunged 7.36% on November 4, 2013 to close the session at $7.93. During the trade the stock opened at $8.63 and surged to $8.67 before touching a day’s low or say, marking new 52 week low...
Dallas, Texas 08/27/2013 (Financialstrend) - Better outcomes from retail merchants such as Best Buy and Urban Outfitters aided scrips witness some modest gains on Tuesday.
The scrip of Best Buy zoomed 13% to rule at $34.80, the noteworthy increase in the S&P 500. The electronics retail merchant hit analysts' forecasts for...
Dallas, Texas 11/07/2013 (Financialstrend) - The share holders of regional bank Sterling Bancorp (NYSE:STL) got paid dividends on October 30 for the last time before its merger with Provident New York Bancorp (PBNY) became official on November 1. Going forward the merged entities will work under the common business...
Seabridge Gold, Inc. (NYSE:SA) Uses Proceeds from Asset Sale to Push Through Deep Kerr
Rebecca Harrison -
Dallas, Texas 11/01/2013 (Financialstrend) - The $430 million market capitalized Seabridge Gold, Inc. (NYSE:SA) stock continues to take a beating at the browsers while the market analysts continue to provide the company leeway in developing its Deep Kerr mining property.
The case in point is the October 8 announcement by...
Dallas, Texas 11/12/2013 (Financialstrend) - Peabody Energy Corporation (NYSE:BTU) has noted on the good performance at the stock market at the end of closing on Nov 11.
The company continues to surge ahead on fundamentals, despite the announcement of the exit of its Executive Vice President – Eric Ford. The...
Newly launched IPO of Springleaf Holdings, LLC (NYSE:LEAF) Appreciates 10% in First Week
Aaron Lyons -
Dallas, Texas 11/05/2013 (Financialstrend) - The $1.16 billion market capped credit services provider Springleaf Holdings, LLC (NYSE:LEAF) had managed to raise $336 million from its first public offering of close to 21 million of its common stock. The firm had set a price of $16 per share for the...
Dallas, Texas 10/28/2013 (Financialstrend) - Rowan Companies Inc. (NYSE:RDC) is an S&P 500 index tracked $4.52 billion market capped oil and gas drilling company. In the past one month the stock has shed close to 1.19% of its market value. This was following a downgrade by BMO management of...
Dallas, Texas 11/12/2013 (Financialstrend) - SunTrust Banks, Inc.(NYSE:STI) on Nov 11, saw prices slide by over 0.06%, closing the day at $35.70. This is approximately near its 52 week high at $36.29. The company already enjoys a market capital of 19.19 billion and consistently generated dividend yield.
STI is one...
Bank of America Corp (NYSE:BAC) lawsuit against Federal Deposit Insurance Corp. dismissed
Aaron Lyons -
Dallas, Texas 08/27/2013 (Financialstrend) - A federal judge of the United States had on Monday thrown out the recent lawsuit filed by Bank of America Corp (NYSE:BAC) against the Federal Deposit Insurance Corp. The lawsuit had claims reporting that the banking major had incurred investor losses of around $1.7 billion...
Alon USA Energy, Inc. (NYSE:ALJ) Stock Rally On News of Ethanol Ceiling Relaxation
Rebecca Harrison -
Dallas, Texas 10/28/2013 (Financialstrend) - Alon USA Energy, Inc. (NYSE:ALJ) is an oil and gas refining and marketing company which has a market cap of $736 million. Its shares along with a host of other oil refineries has seen a smart rally since October 10 when news items started...