Author: FX_Trdr

Scholastic Corporation (SCHL) maintained its quarterly dividend of 12.5 cents per share. The dividend is payable on March 15, 2013 to all shareholders of record as of the close of business on January 31, 2013.

In trading on Thursday, music & electronics stores shares were relative laggards, down on the day by about 1.7%. Helping drag down the group were shares of Hhgregg (HGG), down about 4.7% and shares of Gamestop Holding (GME) down about 3.9% on the day.

KB Home (KBH) announced that it earned $7.7 million, or 10 cents per share, versus $13.9 million or 18 cents per share, in the same period last year. Revenue increased by 21 percent to $578.2 million.

General Mills (GIS) announced that it earned $541.6 million, or 82 cents a share, up from $444.8 million, or 67 cents a share, in the same period last year. Excluding mark-to-market effects, the company earned 86 cents per share.

The Daily Ticker’s Aaron Task interviews Yaron Brook

The Daily Ticker’s Aaron Task interviews Arizona State University professor Michael Hanemann

Access Midstream (ACMP) was upgraded by UBS (UBS) from neutral to buy with a price target of $39, as the current stock price provides investors with an attractive entry point from a risk/reward perspective. Shares are lower by about nine tenths 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, auto parts shares were relative leaders, up on the day by about 0.9%. Leading the group were shares of Johnson Controls (JCI), up about 3.1% and shares of Delphi Automotive Plc (DLPH) up about 2.9% on the day.

Carter’s (CRI) had its numbers increased by Citigroup (C) as the supply chain is being restrucured and should benefit the bottom line. A buy rating was issued with a $64 price target.