Upgrades

TITAN INTL INC (TWI) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of TITAN INTL INC (TWI) from NEUTRAL to OUTPERFORM on February 03, 2014, with a target price of $19.40. Titan International, Inc. is a global manufacturer of off-highway steel wheels and tires in the agricultural, earthmoving/construction and consumer markets […]

Upgrades

BENEFICIAL MUTL (BNCL) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of BENEFICIAL MUTL (BNCL) from NEUTRAL to OUTPERFORM on February 03, 2014, with a target price of $12.80. The Company is a community-based, diversified financial services company providing consumer and commercial banking services. Its principal subsidiary, Beneficial Bank, has served individuals and businesses in the Delaware Valley area for more than 150 years […]

Max Keiser

Invest in Cryptocurrencies – Don’t Become Debt ‘Crack Whore’!

[youtube cfSCRWxSpxE] In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the ‘bullion in the sky’ that is the UK housing market in the Year of the Whores, as the BBC accidentally called the Chinese New Year. In the second half, Max interviews coder, hacker and cryptocurrency expert, Andreas Antonopoulos about FUD from the bitcoin wannabe regulators who don’t understand the protocol is a push system unlike the pull system that is the modern online transactions market. They also discuss the fact that gold can’t be teleported and the Charlie Shrem perp walk, a walk which no TBTF banker has had to do in modern times […]

Mergers & Acquisitions

Gay Lea Foods acquires Salerno Dairy

Gay Lea Foods acquires Salerno Dairy Canada NewsWire TORONTO, Feb. 3, 2014 TORONTO , Feb. 3, 2014 /CNW/ – Gay Lea Foods Co-operative Limited is pleased to announce that an agreement has been reached, effective February 1, 2014 , to acquire Salerno Dairy […]

Mergers & Acquisitions

The India Fund, Inc. Announces Results Of Special Meeting Of Stockholders And Approval Of Elimination Of The Interval Fund Structure And Implementation Of Tender Offer And Targeted Discount Policy

The India Fund, Inc. Announces Results Of Special Meeting Of Stockholders And Approval Of Elimination Of The Interval Fund Structure And Implementation Of Tender Offer And Targeted Discount Policy PR Newswire PHILADELPHIA, Feb. 3, 2014 PHILADELPHIA , Feb […]

Stock Analysts

Align Up on Better than Expected Earnings

Shares of Align Technology Inc. ( ALGN ) inched up 1.6% to $59.42 after the market closed on Jan 31 following its 2013-fourth quarter adjusted earnings of 51 cents per share that rose from the year-ago level of 26 cents by 96.2%. Earnings per share also beat the Zacks Consensus Estimate of 43 cents per share […]

Stock Analysts

Accuray Sees Narrower Loss, Hits 52-Week High

Shares of Accuray Incorporated ( ARAY ) reached 52-week high of $10.71 after the market closed on Jan 31 following the release of its turnaround fiscal 2014-second quarter results and promising guidance. Accuray posted a much narrower loss of $5.4 million, or 7 cents per share for the quarter compared with a loss of $25.5 million, or 35 cents per share for the same quarter in the prior fiscal year as well as the Zacks Consensus Estimate of a loss of 20 cents per share. […]

Stock Analysts

Methanex Swings to Profit in Q4, Shares Up

Methanex Corporation ( MEOH ) turned to profit in the fourth quarter of 2013 and its revenues also increased riding on higher methanol pricing and healthy demand. The stock reacted positively to the news, rising as much as 11% in the trading session. […]

Stock Analysts

ALLETE Up on Dividend Hike

ALLETE, Inc. ’s ( ALE ) share price edged up 1.1% from the previous day’s price, closing at $49.98 per share on Jan 31, 2014. The marginal rise was primarily due to the market's positive response to the management’s decision to increase its quarterly dividend rate. […]

Stock Analysts

Mylan Rolls out Herceptin Biosimilar in India

Mylan Inc. ( MYL ), one of the leading players in the global generics market, has been focusing on high potential emerging markets like India to drive growth. Emerging markets are slowly and steadily gaining more importance and several companies are now shifting their focus to these areas. […]

Kitco Video

Gold Could Test $1,320 On Employment Data

[youtube EPRl2r1gNZM] Kitco News speaks with iiTrader’s Bill Baruch about gold’s rally on Monday as ISM Manufacturing Data was released. Gold futures jumped by more than $20 an ounce and the stock market dropped following the release of disappointing data by the Institute of Supply Management. […]

Economic Data

Mixed Reports & Unenthusiastic Guidance Making it Difficult – Economic Highlights

Stocks were broadly down in January, with a combination of emerging market scare and a lackluster earnings season giving investors a reality check that markets don’t always go up as had been the case last year. This week’s top-tier economic data – the ISM survey later today and Friday’s January jobs report – will likely do little to change the mood in any sustained fashion as long as the emerging market question remains unanswered. […]