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Reuters: US STOCKS-Wall St up on factory activity data, health care rally
* US Oct factory activity slows less than expected * Visa drops after offer to buy Visa Europe, top drag on Dow * Dyax soars after Shire offers to buy company * Indexes up: Dow 0.55 pct, S&P 0.70 pct, Nasdaq 0.96 pct (Updates to early afternoon) By Abhiram Nandakumar Nov 2 (Reuters) – Wall…
IBTIMES Quote: Why Did Boeing (BA) Increase Its Dividend By 50% & Buy Back Shares For $10 Billion?
By Christopher Harress on December 17 2013 11:03 PM The Boeing Company (NYSE:BA) announced Monday that it would raise its dividend to shareholders by 50 percent and will start a $10 billion share buyback program in January that will last for two or three years. The share purchase, which represents about 10 percent of Boeing’s outstanding stock,…
Adam Sarhan MarketWatch.com Quote: 8 reasons the selloff could get much worse
8 reasons the selloff could get much worse November 8, 2012, 11:22 AM As if investors don’t have enough to worry about with the fiscal cliff, scary technical indicators are coming out of the closet. Adam Sarhan, founder and chief executive officer of New York-based Sarhan Capital, said that over the past eight weeks, U.S. stock markets…
Adam Sarhan Reuters Quote: Stock futures imply flat open in wake of GDP data
By Ryan Vlastelica NEW YORK | Thu Feb 28, 2013 9:02am EST (Reuters) – U.S. stock index futures pointed to a flat open on Thursday as investors found few reasons to keep pushing markets higher following a sharp two-day rally and a read on economic growth that was weaker than expected. Analysts said a pullback may be in store…
Adam Sarhan Reuters Quote: PRECIOUS-Platinum hits 2-month high on S.Africa supply fear
Mon Aug 20, 2012 1:17pm EDT * Speculators bet on fall in S. Africa platinum output * Charts show platinum near overbought territory * Gold-platinum spread narrows after platinum rally By Frank Tang NEW YORK, Aug 20 (Reuters) – Platinum prices jumped nearly 2 percent on Monday, hitting a two-month high after deadly violence at a mine…
Sarhan in Reuters: #WallStreet set to open higher as focus shifts to Fed
Wednesday 6.15.16 8:55am EST Wall Street was set to snap a four-day losing streak on Wednesday as lower chances of an interest rate hike offered solace to investors amid jitters of Britain’s possible exit from the European Union. The Federal Open Market Committee (FOMC) will release its policy statement at 2:00 p.m. ET after a…
