Month: January 2013

In trading on Wednesday, precious metals shares were relative leaders, up on the day by about 1.2%. Leading the group were shares of Caledonia Mining (CALVF), up about 7.8% and shares of Claude Resources (CGR) up about 5.5% on the day.

Boeing (BA) announced that it earned $1.28 per share in the most recent fiscal quarter, down from $1.83 per share in the same period last year. Revenue increased to $22.38 billion from $19.56 billion in the same period last year.

Amazon (NASDAQ:AMZN) looking to be a winner in today’s trading session after posting its earnings Tuesday. The online retailer reporting EPS of 21 cents on revenue of $21.27 billion, missing the analyst estimate of 28 cents per share on revenue of $22

India’s finance minister says he welcomes the decision by the country’s central bank to lower its key policy rate on Tuesday. Rough Cut (no reporter narration).

New laws should be introduced to force English football clubs to clean up their finances unless they adopt European rules to curb spending, according to a group of British MPs. Edward Baran reports.

Tyson Foods (TSN) was upgraded by Bank of America/Merrill Lynch (BAC) to buy from underperform with a price target of $27, as improved fundamentals in the beef and chicken market should add to the bottom line. Shares are higher by about 1.4 percent.

Interxion Holding (INXN) was downgraded by Citigroup (C) from buy to neutral with a price target of $25 as weakness in Europe may lead to diminished growth. Shares are lower by about 4.8 percent.

Caterpillar (CAT) was upgraded by BMO Capital (BMO) to outperform from market perform with a price target of $130, as the worst news appears to be in the past and things should only improve from here. Shares are higher by about 1.1 percent.

In trading on Tuesday, agriculture & farm products shares were relative leaders, up on the day by about 1.5%. Leading the group were shares of Alico (ALCO), up about 7.8% and shares of Westway Group (WWAY) up about 0.1% on the day.

JetBlue Airways (JBLU) announced that it earned $1 million during the fourth quarter, amid costs rising twice as fast as revenue, and Hurricane Sandy reducing sales. On a per share basis, the company broke even, while it earned $23 million, or 8 cents pre share in the same period last year.