Author: FX_Trdr

Kellogg (K) was downgraded by Credit Suisse (CS) to underperform from neutral as the stock price has risen above the previously set $55 price target. Shares are lower by about a quarter of a percent.

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.

In trading on Wednesday, agriculture & farm products shares were relative leaders, up on the day by about 0.7%. Leading the group were shares of Agria (GRO), up about 4% and shares of Ceres (CERE) up about 1.7% on the day.

US Airways (LCC) was downgraded by J. .

American Express (AXP) was downgraded by J. .

In trading on Tuesday, computer peripherals shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Radisys (RSYS), up about 21.8% and shares of Qlogic (QLGC) up about 9% on the day.

In trading on Tuesday, shipping shares were relative laggards, down on the day by about 1.6%. Helping drag down the group were shares of Excel Maritime Carriers (EXM), down about 6.6% and shares of Ultrapetrol Bahamas Limited (ULTR) off about 5.7% on the day.

British music retailer HMV going into administration to try and save some 4,000 jobs after failing to secure enough funding. The company, which owns 239 stores in the UK and Ireland, is looking to keep its doors open amid declining music, DVD, and gaming

From Fnno.com, This is the financial news network. Here’s what’s in the news for Tuesday January 15, 2013. The Wall Street Journal reports Fed Chairman Bernanke said he still wasn’t satisfied with the economy’s progress and indicated that he plans to sti

Deere (DE) was upgraded by JP Morgan (JPM) to neutral from underweight with a price target of $90 due to balanced global fundamentals. Shares are higher by about two tenths of a percent.