Author: FX_Trdr

In trading on Thursday, real estate shares were relative leaders, up on the day by about 4.3%. Leading the group were shares of China Hgs Real Estate (HGSH), up about 48.3% and shares of Tejon Ranch (TRC) up about 4% on the day.

Trevor Potter talks about his roles with Stephen Colbert’s super PAC and #waywire in this behind the scenes footage of his redditAMA shot here in NYC at our office! www.waywire

Arizona Lottery officials say one of the two winning Powerball tickets was sold at a convenience store in Fountain Hills, a suburb of Phoenix. That ticket and another sold in Missouri will split the record Powerball jackpot of $587.5 million.

Speaker of the House John Boehner says it is time for the White House and Democrats to get serious about avoiding the so-called fiscal cliff, a combination of spending cuts and tax hikes that loom.

TiVo (TIVO) had its price target increased by Jefferies (JEF) as the firm believes that the bottom line should improve at the company in the coming months. A buy rating was issued.

Ann (ANN) announced that earnings increased by 26 percent during the fiscal third quarter due to better sales at Ann Taylor retail outlets. Earnings were $40.7 million, or 84 cents per share, up from $32.3 million, or 61 cents per share, in the same period last year.

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

ConAgra (CAG) had its numbers increased by Citigroup (C) as the Ralcorp (RAH) transaction should add to the bottom line. A buy rating was issued with a $34 price target.

Valley National Bancorp (VLY) maintained its quarterly dividend of 16.25 cents per share. The dividend will be paid January 2, 2013 to shareholders of record on December 14, 2012.

In trading on Wednesday, textiles shares were relative leaders, up on the day by about 0.2%. Leading the group were shares of Culp (CFI), up about 4% and shares of Pvh (PVH) up about 2.6% on the day.