Author: FX_Trdr

Canadian Pacific Railway (CP) had its numbers increased by Jefferies (JEF) due to better cost management as well as solid revenues. A hold rating was issued with a price target of $105.

Amazon. om (AMZN) had its price target increased by Jefferies (JEF) to $330, as operating income and margins were both better than expected.

OpenTable (OPEN) was downgraded by Oppenheimer (OPY) from outperform to perform with a price target of $54 as the firm believes the stock price is fully valued, and competing products may take away some market share from the company. Shares are lower by about four percent.

International Business Machines (IBM) maintained its quarterly dividend of 85 cents per share. Stockholders of record on Friday, February 8th will be given the dividend on Saturday, March 9th.

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.