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Treasury prices remained lower but were bouncing off session lows Monday afternoon after the $44 billion two-year note auction, the first leg of this week s record $118 billion government note sales. The auction was more than three times oversu...
Bank of America Merrill Lynch sees better profits ahead and more upside in U.S. stocks over the next twelve months. David Bianco, head of U.S. equity strategy at BoAML, raised his 12-month S&P 500 target to 1275 from 1200, after raising his 2010...
Ciena (CIEN) confirmed this morning that it will pay $769 million for the optical networking and carrier Ethernet assets of Nortel s Metro Ethernet Networks business. The purchase price will be $530 million in cash plus $239 million in 6% senior co...
Medtronic (MDT) is expected to report Q2 earnings before the market opens on Tuesday, November 24 with a conference call scheduled for 8:00 am ET. GuidanceAnalysts are looking for a profit of 74c on revenue of $3.57B. The consensus range is 72c-77...
