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Today's Top News
SeekingAlpha
02 Sep 16:33  While investors favor mutual funds with four- or five-star ratings, there may be hidden gems in certain lower-rated funds marked down due to above-average risk, an out-of-favor investment style or a management change. “Just because a fund’s been underperforming doesn’t mean it’s not worth owning,’’ say...
02 Sep 16:18  Thursday's Key ETF Performance: Best: Industrial Metals (JJM) +1.9%, Mid Caps (EMM) +3.6%, Silver (SLV) +1.6%. Worst: Long-Term Treasuries (TLT) -1.1%, British Pound (FXB) -0.4%, U.S. TIPS (IPE) -0.2%.
02 Sep 16:07  H&R Block (HRB): FQ1 EPS of -$0.36 beats by $0.05. Revenue of $275M (-0.4%) vs. $265M. Shares -0.5% AH. (PR)
02 Sep 16:05  Finisar (FNSR): FQ1 EPS of $0.31 beats by $0.08. Revenue of $208M (+61.5%) vs. $201M. Shares -0.3% AH. (PR)
02 Sep 16:05  Market recap: Stocks added to gains in the final hour, led by retailers and home builders, but trading was subdued ahead of tomorrow's release of August jobs data. Oil futures climbed 1.5% on concerns from another accident in the Gulf of Mexico. Treasurys rose slightly, and the dollar fell. NYSE advancers led decliners nearly two to one....
02 Sep 16:00  At the close: Dow +0.49% to 10320. S&P +0.9% to 1090. Nasdaq +1.06% to 2200. Treasurys: 30-year -0.45%. 10-yr -0.21%. 5-yr -0.05%. Commodities: Crude +1.47% to $75.00. Gold +0.38% to $1252.90. Currencies: Euro +0.12% vs. dollar. Yen +0.27%. Pound -0.34%.
02 Sep 15:50  Ireland's problems haven't faded away; in fact, the country "appears insolvent under plausible possibilities with current policies," and its problems could ripple through Europe, Simon Johnson and Peter Boone warn. "Europe's headache remains large, and this should concern all of us."
02 Sep 15:37  The newest way small investors are losing money: global currency trading, a market that's risen to $4T a day. Trouble is, "it's about as full of risk as a market can be," David Callaway says, where "betting for or against specific countries or regions is especially risky because almost any event can impact prices."
02 Sep 15:24  The financial crisis commission's sympathy for Dick Fuld's "fantastic revisionism" in deflecting blame for the Lehman collapse is "deeply disturbing," Barry Ritholtz writes, fearing that its final report will be an "ideological farce" lacking any insight into the causes of the downturn. There were several reasons the Fed didn't save Lehm...
02 Sep 15:10  Retail stores showed surprising strength in August, and it wasn't just a back-to-school boost; all categories produced better-than-expected sales, and many new products were well received. Last year was so bad that it makes the new numbers look better, but retailers are at least treading water - and few believed even that was possible. ...
02 Sep 15:00  On the hour: Dow +0.19%. 10-yr -0.2%. Euro +0.05% vs. dollar. Crude +1.47% to $75.00. Gold +0.4% to $1253.10.
02 Sep 14:54  24/7 offers its top 100 list of America's most efficiently run brands, based on their contribution to the market value of their companies - the figure shareholders should care most about. Top five: Hershey (HSY), Coca-Cola (KO), Campbell Soup (CPB), Harley-Davidson (HOG), Kellogg (K).

02 Sep 15:30  Two Undervalued China Pharma Stocks
02 Sep 14:53  Burger King Agrees to Buyout
02 Sep 14:50  Spot Gold Prices Rise on Spec Buying
02 Sep 14:40  Sell Burger King Shares Now: Analyst
02 Sep 14:39  Financials Fret New Tax Law
02 Sep 14:36  First Niagara Deal Faces AG Scrutiny
02 Sep 14:31  Restaurant Winners: Burger King
02 Sep 14:19  Gold Settles Higher Ahead of Jobs Number
02 Sep 14:15  Choppy Week for Emerging Market Currencies
02 Sep 14:13  Hurricane Earl Losses To Hit Allstate, AIG
02 Sep 14:03  Washington, Not Economy, Is Stifling Growth
02 Sep 14:03  Apple's R&D Costs Expected to Rise
02 Sep 13:51  Kudlow: Why Stocks Look Good Again
02 Sep 13:44  Stocks Listless Ahead of Friday Jobs Data
02 Sep 13:40  Dion's Thursday ETF Winners and Losers
02 Sep 13:12  Brocade, China Green: Volume Movers
02 Sep 13:06  HP: 3Par Deal Expected to Boost Revenue
02 Sep 13:04  Think Twice Before Buying Apple
02 Sep 13:00  Kass: Taking the Road Less Traveled
02 Sep 12:59  M&A Talk Still Swirling Around ArcSight

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