Telecom Stocks to Watch Post Windstream’s REIT Plan – Yahoo Finance
ADP also announced that private-sector employers added 218,000 jobs this month, slightly better than the 215,000 consensus number. Today’s third major event comes at 2 p.m. ET, when the Federal Reserve announces monetary policy. The S&P 500 has been consolidating for most of the month after breaking out to new all-time highs in late-May and June. Transportation stocks and the Nasdaq have been the stronger segments in the market, while domestic-focused small caps have lagged.
Stocks End Down on Broad Selloff | Fox Business
More than 63 percent have topped revenue forecasts, above the long-term average of 61 percent. “If we started to see more negative outlooks, that would be a reason to pause, but so far this earnings season speaks to the health of corporate America and suggests markets still have room to run,” said David Lebovitz, global market strategist at J.P. Morgan Funds in New York. Telecom stocks were the only sector of the market to rise on Tuesday, adding 2.2 percent after Windstream Holdings ( WIN ) filed to spin off assets into a tax-efficient publicly traded real estate investment trust. The stock jumped 12.3 percent to $11.83 in its busiest trading day on record.
Stocks open lower; Yum Brands sinks – LA Times
L-3 Communications Holdings plunged 14 percent, the most in the Standard & Poor’s 500 index, after the company reported that it was investigating accounting irregularities at is Aerospace Systems unit. Yum Brands lost 6 percent after the owner of the KFC and Pizza Hut fast-food chains said a food safety scandal in China is hurting its sales. The S&P 500 index fell 15 points, or 0.8 percent, to 1,955 in the first few minutes of trading Thursday. Jobless claims
European stock markets diverge at open – Yahoo News
“Theres a huge amount of uncertainty already stalking sentiment at the moment with the situation in Ukraine still so fluid but also the natural caution ahead of tomorrows US jobs data.” Asian equities traded mixed after US data showing the world’s top economy grew much more than expected in the second quarter was offset by late profit-taking. Official data showed on Wednesday that the US economy grew by 4.0 percent in April-June, much more than the 3.0 percent forecast. It was also a sharp reversal on the 2.1 percent contraction in the previous three months that was http://www.todayhotstocks.com/ caused by a severe winter. Eyes are now on the release on Friday of non-farm payrolls, which will give a better handle on the state of the economy.
It offers software solution, for application installation, portal management, user interface, content development, and billing technology. The company boasts a Zacks Rank #2 and therefore, can be considered as a potential stock to watch out for. Level 3 Communications, Inc. ( LVLT ): The company offers communication and information services across North America, Latin America, Europe, the Middle East, and Africa and boasts one of the largest Internet infrastructures in the world.