Urban Outfitters rises as Street cheers executive appointment

Urban Outfitters rises as Street cheers executive appointment Stock Market Predictions(Global Markets) - Shares of Urban Outfitters Inc (URBN.O) rose as much as 7 percent, after the women's apparel retailer said Tedford Marlow will return to the company as the chief executive of its namesake brand. "We like the idea of putting executives back in roles in which they were previously successful, and we think this story is lining up well for 2012," Barclays Capital analyst Stacy Pak wrote in a client note.Analyst Pak, who raised her price target on...

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Samsung says third-quarter to top consensus as phones boom

Samsung says third-quarter to top consensus as phones boom Stock Market PredictionsSEOUL (Global Markets) - Samsung Electronics said its quarterly profit should top the most bullish market forecasts, with smartphones becoming its main profit engine despite intense competition from bigger rival Apple. Indeed, analysts expect Samsung to report record profit from handset sales in the third quarter and overtake Apple as the world's biggest smartphone vendor in unit terms.The South Korean firm estimated its quarterly operating profit at 4.2 trillion...

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Ubiquiti rises in debut, breaks U.S. IPO drought

Ubiquiti rises in debut, breaks U.S. IPO drought Stock Market Predictions(Global Markets) - Shares of wireless equipment maker Ubiquiti Networks Inc (UBNT.O) closed up 16.7 percent in their stock market debut on Friday after the company broke a two-month drought in the U.S. IPO market. Investors shrugged off concerns over a U.S. government review of the company's sales into Iran to send its shares 16.7 percent above the $15 IPO price in their first day of trading on the Nasdaq. The shares closed at $17.50 after going as high as $19.00, up 26.7...

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Fiat share plan seen easing route to Chrysler merger

Fiat share plan seen easing route to Chrysler merger Stock Market PredictionsMILAN (Global Markets) - A plan by Fiat Spa (FIA.MI) to convert preference and savings shares into ordinary shares will reduce the cost of equity and remove a potential hurdle to a merger with Chrysler, which is now majority owned by the Italian carmaker. Fiat and its sister company Fiat Industrial (FI.MI) said late on Thursday the proposed conversion would streamline the capital structure and simplify governance for both groups.Analysts said the plan was moderately earnings-enhancing...

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UBS shares rise on pledge to restart dividends

UBS shares rise on pledge to restart dividends Stock Market PredictionsZURICH (Global Markets) - Shares in Swiss bank UBS (UBSN.VX) rose on Friday as investors welcomed its pledge to start paying dividends again, though its plans to trim its scandal-hit investment bank failed to go as far as some had hoped. At an investor event in New York on Thursday, UBS said it would cut investment bank risk-weighted assets by almost half and shift focus back to its core business of managing the assets of the rich as it pared its profitability targets.UBS said...

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Chico's shares rise on possible PE buyout report

Chico's shares rise on possible PE buyout report Stock Market Predictions(Global Markets) - Shares of Chico's FAS Inc (CHS.N) rose as much as 7 percent on Friday after a report in an online publication about possible private equity interest in the women's clothing retailer. A dealReporter.com story suggested that Chico's may be an attractive target for private equity firms, Interactive Brokers Group options analyst Caitlin Duffy wrote in a report on Friday.Global Markets, however, could not access the report.Tiburon Research Group analyst Rob Wilson...

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Stock Market Predictions – Should you Be in The Market Right Now?

Stock market prediction is an secret art joined with the best of computer science. With the recent performance of the stock market and economic performance, it is an idea we all need to take seriously.The newspapers, radio and TV all review how our personal portfolios have taken a beating. While things have recovered some recently, many investment portfolios have been hit dramatically. Credit card balances have leaped and foreclosures have skyrocketed.Talking heads often admit that the economy has an important influence on the stock market price....

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HP sinks as investors flee business revamp

HP sinks as investors flee business revamp Stock Market PredictionsNEW YORK/BANGALORE (Global Markets) - Shares of Hewlett-Packard slumped by more than 20 percent to a six-year low on Friday as investors wiped about $16 billion off the market value of the world's biggest PC maker in a resounding rejection of its plan for a major shake-up. Investors also appeared to lose confidence in Chief Executive Leo Apotheker after a flurry of HP announcements on Thursday including an $11.7 billion acquisition offer, a shuttering of its mobile efforts and...

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Morgan Stanley rallies, analysts defend on France

Morgan Stanley rallies, analysts defend on France Stock Market Predictions(Global Markets) - Morgan Stanley (MS.N) shares rallied on Friday, despite continued weakness in global markets, as analysts said that fears about its exposure to French banks were overblown and that the bank was prepared to manage risk. At midday the stock had given up some early gains but was still up 3.7 percent, far outstripping the broader market. In the previous five trading sessions, the bank lost more than 21 percent of its value, reducing its market capitalization...

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Amazon shares dip on growth concerns

Amazon shares dip on growth concerns Stock Market Predictions(Global Markets) - Amazon.com Inc shares fell to their lowest level since late March on Thursday on concern about sales growth during the online retailer's crucial fourth quarter. Goldman Sachs analysts said in a note from Wednesday that Amazon has typically bested overall online sales growth by 23 points.comScore reported earlier this week that online holiday spending in the U.S. rose 15 percent to a record $35 billion from November 1 to December 26, versus the comparable period last...

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Coal miner Walter's shares rise on takeover talk

Coal miner Walter's shares rise on takeover talk Stock Market Predictions(Global Markets) - Shares of Walter Energy (WLT.N) rose for a second day on Friday on reports that the U.S. coal mining company is the target of a takeover. The newspaper, The Australian, reported that BHP Billiton (BHP.AX) (BLT.L), the world's largest mining company, is considering a $6 billion bid for the company. It cited no sources.On Thursday, a British newspaper, The Independent, said BHP and Anglo American (AAL.L) were interested in acquiring Walter, which has large...

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Sony shares dip on report to buy Ericsson phone venture stake

Sony shares dip on report to buy Ericsson phone venture stake Stock Market PredictionsTOKYO (Global Markets) - Sony Corp (6758.T) shares fell 1.8 percent in early trading after The Wall Street Journal reported on Thursday that the firm is nearing a deal to buy Telefon AB LM Ericsson's (ERICb.ST) half of their smartphone venture. Talks were ongoing and could break apart at any time, the paper said, citing people familiar with the matter.Both Ericsson and Sony declined to comment on the report. The dip in Sony's shares to 1,444 yen compared with...

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Analysis: Investors likely to wait out 2012 drug launches

Analysis: Investors likely to wait out 2012 drug launches Stock Market PredictionsSAN FRANCISCO (Global Markets) - Burned by disappointing early sales for new, high-profile biotech medicines in 2011, healthcare investors are cautious ahead of this year's expected crop of drug launches. Not so long ago, biotech makers could practically bank on seeing their company values jump once they obtained regulatory approval to market a drug. Now, investors are more likely to wait on the sidelines, or short a stock, ahead of proof the new treatments will be...

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CenturyLink Q1 beats but forecast fails to inspire

CenturyLink Q1 beats but forecast fails to inspire Stock Market PredictionsBANGALORE (Global Markets) - CenturyLink Inc (CTL.N) posted a better-than-expected quarterly profit as gains at high-speed Internet customers offset those disconnecting their home phones, but the rural telephone operator forecast second-quarter earnings below market.Regional phone companies like CenturyLink, which acquired rival Qwest for $10.6 billion last month, face the challenge of finding new ways to grow as consumers disconnect home phones in favor of Web and mobile...

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Amag to slash workforce, shares rise

Amag to slash workforce, shares rise Stock Market Predictions(Global Markets) - Amag Pharmaceuticals Inc's (AMAG.O) chief executive resigned and the biopharmaceuticals company said it will cut its workforce by a quarter to slash costs, sending its shares up 16 percent in early trade on Friday. The restructuring comes just two weeks after Amag's plan to buy Allos Therapeutics Inc (ALTH.O) fell apart, after its shareholders refused to approve the deal.The company expects to record restructuring charges of about $3.2 million -- most of them in the...

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France, Belgium set to finalize Dexia break-up

France, Belgium set to finalize Dexia break-up Stock Market PredictionsBRUSSELS (Global Markets) - France and Belgium were set finalize the break-up Sunday of Dexia, the first bank to fall victim to the euro zone sovereign debt crisis, with global credit risk exposure of 512 billion euros ($691 billion). Dexia, whose board was also due to meet Sunday, was forced to seek government help this week after a liquidity crunch hobbled the lender and sent its shares into a tailspin.Belgian caretaker Prime Minister Yves Leterme told a news conference Saturday...

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NHPC ipo allotment status

NHPC allotment status or NHPC ipo allotment status is to be declared soon. Investors can check the NHPC IPO allotment status on karvy stock broking website: http://www.karvy.com/ipoStatus/ http://mis.karvycomputershare.com/ipo/IPO allottmentNHPC IPO Allotment chances look for the retail investors after considering final subscription figures of NHPC IPO as the retail segment has been oversubscribed by 3.9 times, QIB by 29 times, Non Institutional segment by 57 times and the Employees segment by 0.5 times.Retail investors category which has...

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Rovi shares rise on Roxio sale

Rovi shares rise on Roxio sale Stock Market Predictions(Global Markets) - Shares of Rovi Corp jumped 13 percent after the digital media services provider said it would sell its Roxio product line to Canada's Corel Corp for an undisclosed amount, and forecast a strong 2012. Rovi came to own Roxio -- a maker of products like the Roxio Creator that helps create and save digital media content on computers -- through its acquisition of the popular DivX software maker Sonic Solutions in late 2010.On Thursday, the company also forecast 2012 revenue between...

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Groupon short position almost 3 million shares: Nasdaq

Groupon short position almost 3 million shares: Nasdaq Stock Market Predictions(Global Markets) - There was a short position of almost three million Groupon Inc (GRPN.O) shares at the end of last week, according to Nasdaq data released on Friday. Nasdaq said the number of Groupon shares held short as of November 15, or short interest, was 2.92 million. That is 8.3 percent of the shares available to trade, or the float, according to Thomson Global Markets data.Nasdaq releases short interest data on a week lag, so the Groupon numbers do not include...

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Dow Chemical considers locking in low gas prices

Dow Chemical considers locking in low gas prices Stock Market PredictionsNEW YORK (Global Markets) - Dow Chemical Co (DOW.N), one of the largest U.S. buyers of natural gas, is considering a hedging program for the first time in a decade to lock in rock-bottom prices for the fuel. The move by Dow, the largest U.S. seller of chemicals, could signal growing concern in the nation's industrial sector that low gas prices will not last. Natural gas prices have fallen 50 percent in the last six months as output from vast U.S. shale fields flooded the market.When...

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Satyam at an all-time low of Rs 58 - down 70%

IT major Satyam Computer today nosedived nearly 70 per cent to an all-time low of Rs 58, following the resignation of the company’s Chairman B Ramalinga Raju and Managing Director B Rama Raju.Shares of Satyam plunged as much as 67.71 per cent to a low of Rs 58, but was later trading at Rs 73.50, down 58.96 per cent in the afternoon trade on the Bombay Stock Exchange.The scrip, which had opened at Rs 179.10, plunged within minutes of Satyam Chairman and Managing Director tendering their resignation.Raju had been under attack over the $1.6-billion...

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Ramalinga Raju Birth Horoscope

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Family Dollar up as Ackman's Pershing raises stake

Family Dollar up as Ackman's Pershing raises stake Stock Market PredictionsCHICAGO (Global Markets) - Pershing Square Capital Management raised its stake in Family Dollar Stores Inc (FDO.N) to 8.9 percent, according to a regulatory filing made on Thursday, just weeks after its influential leader, Bill Ackman, praised the retailer as an attractive LBO candidate. Shares of Family Dollar, which caters to low-income shoppers with a variety of household goods and food, climbed 3.5 percent to $53.29, outpacing a broad market increase. The shares rose...

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Molycorp shares surge on earnings and Hitachi deal

Molycorp shares surge on earnings and Hitachi deal Stock Market PredictionsTORONTO (Global Markets) - Shares of Molycorp jumped as much as 17 percent on Friday after the rare earth producer's quarterly earnings beat expectations and one of its business partners announced a new supply agreement. Hitachi Metals Ltd said in a release that it had entered into a master supply agreement with Molycorp to secure access to the raw materials for its neodymium magnets.But the Japanese company backed away from a previously announced joint venture with Molycorp...

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Cogent shares slide after U.S. shuts Megaupload.com

Cogent shares slide after U.S. shuts Megaupload.com Stock Market Predictions(Global Markets) - Shares of Cogent Communications Group Inc slumped 23 percent after the U.S. government shut down one of its customers and the Federal Bureau of Investigation (FBI) searched its offices. The government on Friday shut down the Megaupload.com content sharing website, charging its founders and several employees with massive copyright infringement, the latest skirmish in a high-profile battle against piracy of movies and music.Cogent is an Internet services...

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Diamond Foods soars on hopes of end to probe

Diamond Foods soars on hopes of end to probe Stock Market PredictionsNEW YORK/TURLOCK, California (Global Markets) - Diamond Foods Inc (DMND.O) shares jumped nearly 53 percent on Friday, after an analyst said the company would likely come out of its accounting probe quickly and without evidence of wrongdoing. Diamond Foods, maker of Emerald nuts, Kettle potato chips and Pop Secret popcorn, is in the midst of an investigation by its audit committee into the way it accounted for payments to walnut growers.KeyBanc Capital Markets analyst Akshay Jagdale...

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Liz Claiborne finds new owner for global Mexx business

Liz Claiborne finds new owner for global Mexx business Stock Market Predictions(Global Markets) - Liz Claiborne Inc (LIZ.N) said it would sell its money losing international Mexx business to a joint venture with Gores Group LLC, allowing the women's clothing maker to cut down on debt and focus on its core brands. Shares of the company rose 12 percent in morning trade on the New York Stock Exchange."One word on this: finally," said Wall Street Strategies analyst Brian Sozzi."The Mexx business has been the black sheep of the Liz Claiborne portfolio...

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Goodyear shares soar as profit beats Street

Goodyear shares soar as profit beats Street Stock Market PredictionsDETROIT (Global Markets) - Goodyear Tire & Rubber Co (GT.N) reported a profit more than four times as high as Wall Street had expected on strength in its home market of North America, and its shares jumped to a 19-month high. Excluding one-time items, the Akron, Ohio-based tire maker earned 51 cents a share in the first quarter, easily topping analysts' average estimate of 12 cents, according to Thomson Global Markets I/B/E/S.Goodyear's first-quarter sales of $5.4 billion...

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Ford stock up on expectations of market share gain

Ford stock up on expectations of market share gain Stock Market PredictionsDETROIT (Global Markets) - Shares of Ford Motor Co (F.N) shot up as much as 4.1 percent on Thursday on projections that the U.S. automaker gained market share in June. Automakers will report U.S. light vehicle sales Friday and sales are expected to be up slightly."Ford could likely outpace overall U.S. light vehicle sales, which we believe could 'boost' share in the near-term," Buckingham Research Group analyst Joseph Amaturo wrote in a research note dated June 30.Analysts...

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