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Summer travellers to dig deeper
The Memorial Day weekend kicks off the summer travel season, which is projected to see higher costs. Jeanne Yurman reports.
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Yahoo joins Hulu bid; Market flip-flops
Summary of business headlines: Stocks are little changed heading into long holiday weekend; Yahoo puts in bid for Hulu -sources; Gold sees best week in a month, oil sees its worst; Durable orders rise; Retail shadow darkens. Conway G. Gittens reports.
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Weekly Market Wrap: May 24, 2013
This twenty first trading week of 2013 comes to a close with stocks falling on concerns the Federal Reserve could reduce or end its bond-buying program. Hi.
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Analyst Moves: P, WSM, WFT
This morning, Credit Suisse increased its price target on shares of Pandora (P) as the company is converting more users into paying subscribers. In the report, Credit Suisse increased its EPS estimates as well, but maintained its neutral rating.
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Analyst Moves: CRM, CRUS, MRVL
This morning, Wedbush Morgan downgraded shares of Salesforce. om (CRM) from outperform to neutral as lower sales commissions paid suggests less new sales are occuring.
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Analyst Moves: PHM, PG, GPS
This morning, Sterne Agee increased its EPS estimates on shares of the PulteGroup (PHM) through 2014 as the home builder is seeing better pricing power and increased demand for new homes. In the report, Steren Agee increased its price target to $32 and reiterated its buy rating.
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Friday 5/24 Insider Buying Report: PMT, VOCS
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
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Android Latest News: HTC One 'Google Edition' in the Works -- Report
HTC One 'Google Edition' in the works -- report. It's official: Samsung's Galaxy S4 is the fastest-selling Android phone ever. As BlackBerry and Microsoft battle for market share, a new contender emerges
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Jersey Shore Open for Business
The Jersey Shore is open for business, just in time for the Memorial Day weekend. Rides, stores and the Boardwalk itself have been rebuilt, after the destruction that Superstorm Sandy brought to the area last October. (May 24)
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LeBron James' $300M Shoe Sales Still Fall Short of Jordan's
Lebron James sold $300 million worth of Nike shoes in 2012 but still cannot compare to the shoe empire of Michael Jordan.
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