Month: February 2013

In trading on Thursday, real estate shares were relative leaders, up on the day by about 1.5%. Leading the group were shares of China Hgs Real Estate (HGSH), up about 12.4% and shares of A V Homes (AVHI) up about 2% on the day.

Minority Leader Rep. Nancy Pelosi says Republicans are the ones to blame for pink slips scores of people will receive with automatic government spending cuts looming. She says women in particular will feel the sequestration impacts.

Hundreds of illegal immigrants are being released from federal custody, due to the sequestration budget cuts set to take effect later this week.

ome Depot (HD) had its numbers increased by UBS (UBS) due to better execution and increased market share. A buy rating was issued with a $75 price target.

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money. So let’s look at two noteworthy recent insider buys.

White House and Congressional leaders plan Friday meeting as deep automatic spending cuts actually kick in. White House spokesman Jay Carney says the administration remains hopeful for a compromise.

Capital One Financial (COF) had its numbers lowered by Jefferies (JEF) due to the sale of the Best Buy card portfolio. A buy rating was issued with a price target of $60.

In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Hovnanian Enterprises (HOV), up about 3.3% and shares of Pultegroup (PHM) up about 3.1% on the day.

Film of Austrian girl’s hostage ordeal premieres; Janet Jackson says she married Al Mana last year; Television ratings up for Oscars, to 40.3M people.

Campbell Soup (CPB) had its numbers increased by Credit Suisse (CS) as the soup market has been stable. AN underperform rating was issued with a price target of $40.