Author: FX_Trdr

QGOG Constellation announced that it filed its registration statement with the SEC today in connection with its IPO of common shares. QGOG Constellation’s common shares are expected to commence trading after the SEC completes its review process.

International Paper Company (IP) maintained its quarterly dividend of 30 cents per share. This dividend is payable on March 15, 2013, to holders of record at the close of business on February 15, 2013.

In trading on Tuesday, shipping shares were relative leaders, up on the day by about 1.2%. Leading the group were shares of Excel Maritime Carriers (EXM), up about 9.3% and shares of Safe Bulkers (SB) up about 4% on the day.

Apple (NASDAQ:AAPL) CEO Tim Cook making waves as he visits China for the second time in 10 months. The chief executive traveled to the Asian country to most likely check up on the company’s retail stores, which have increased by six since last spring.

Verizon (VZ) announced on Monday at an investor conference that the company expects to take about $9 billion to $10 billion in one time charges during its fiscal fourth quarter. Of that amount, about $1 billion was due to Hurricane Sandy, of which about a third will be covered by insurance, while about $1.5 billion in charges was related to debt refinance, and the remaining $7 billion related to pension liabilities.

Intel (INTC) was upgraded by Lazard Capital Markets (LAZ) to buy from neutral with a price target of $26 as margins should improve after the first quarter, while ultrabooks should drive growth for the remainder of the year. Shares are higher by about three tenths of a percent.

Applied Materials (AMAT) was downgraded by JP Morgan (JPM) to underweight, due to a trough in semiconductor capex. Shares are lower by about 2.3 percent.

Amazon. om (AMZN) was upgraded by Morgan Stanley (MS) to overweight from equal weight with a price target of $325, as the firm believes that the company will continue to gain market share.

In trading on Monday, non-precious metals & non-metallic mining shares were relative leaders, up on the day by about 1.3%. Leading the group were shares of Alderon Iron Ore (AXX), up about 11.7% and shares of Western Copper and Gold (WRN) up about 10.5% on the day.

A few tips to help you stick with your New Year’s resolutions.