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Market Movers: TXN, INTC, DCI, SRZ
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Thursday, 19 November 2009 |
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The latest news and information on U.S. stocks that are moving the market.
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Jobless Claims Flat for Week Ending November 14
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Thursday, 19 November 2009 |
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Initial jobless claims for the week ending November 14 were flat as compared to the previous week, at 505,000. The four-week average of initial claims dropped 6,500 to 514,000, the lowest level since November of last year.
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Upgrades: Anworth Mortgage, Target
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Thursday, 19 November 2009 |
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This morning, Sterne Agee upgraded shares of Anworth Mortgage (ANH) from Neutral to Buy as the stock is currently trading below the firms estimated book value of $7.65 per share. Furthermore, the company has seen many of its higher-priced swap agreements expire, allowing new, shorter duration swaps to be put in place at lower costs.
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Hot Stocks: Energy Sector Falls
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Thursday, 19 November 2009 |
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Energy stocks outpace a slide in the broader market with investors factoring in lower production growth from Marathon Oil Corp. and weaker crude-oil prices. MarketWatch's Steve Gelsi reports in New York.
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Flight Attendants at Delta Subsidiary Unionize
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Thursday, 19 November 2009 |
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Flight attendants at Delta (DAL) subsidiary Compass Airlines have voted to unionize, and will be represented by the Association of Flight Attendants, or the AFA-CWA. A strong majority of Compass flight attendants voted to unionize, the AFA said.
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