5 reasons the market is seeing red
5 reasons the market is seeing red

Geopolitical crises are taking a toll on stocks as we head into the seasonally weak month of August.

VIDEO ON MSN MONEY

The BlackBerry maker will be cutting jobs aggressively while focusing on the BB10.

By Trefis Jun 6, 2012 9:38AM
TrefisResearch in Motion (RIMM) delivered some shocking news after the markets closed last week, sending its already distressed shares into a tailspin.

Giving a business update about the current quarter, RIM CEO Thorstein Heins warned that the company may slip to an operating loss this quarter as its BlackBerry phones continue to struggle against Apple's (AAPL) iPhone and a horde of smartphones running Google's (GOOG) Android.  

The economy is stronger than last week's employment numbers indicate.

By Jim Cramer Jun 6, 2012 9:08AM

The economy is definitely decelerating. We see lots of reports that show weakness.

 

But we aren't weak. And I think that's really important.

 

We aren't weak, because we have data that are just too strong for me to write us off on punk employment numbers.

 

No, I am never going to write off the employment numbers as unimportant. Nothing is more important than employment. Nothing. We get jobs created, we get a boom.

 

According to analysts' estimates, losses may be as high as $4.2 billion.

By Benzinga Jun 5, 2012 7:08PM
By Matthew Kanterman, Benzinga staff writer

What was initially thought to be a $2 billion trading loss for JPMorgan Chase (JPM) may actually be as high as $4.2 billion, according to one estimate.

Credit conditions around the world have further deteriorated after the bank reported a massive trading loss on May 10. According to research by International Strategy and Investment Group, the trading loss may be more than twice the initial estimate. Ed Najarian, an analyst at ISI Group, said that the loss would cut second-quarter earnings 30% to 65 cents per share from a prior estimate of 93 cents.
 

One initial public offering has been labeled a success, while the other has been tagged as a failure from the beginning.

By Wall St. Cheat Sheet Jun 5, 2012 6:49PM

When it comes to publicly traded social-media companies, two names dominate the conversation. Facebook (FB) and LinkedIn (LNKD) are social giants that are relatively new to public trading and already demand a heavy amount of attention. However, their stories could not be more different.


LinkedIn's initial public offering has been labeled a success on its resume, while Facebook's IPO has been tagged as a failure from the beginning.


What a difference a year can make. LinkedIn made its public trading debut on the New York Stock Exchange (NYX) in May 2011.

 
Tags: FBIPOLNKD

With declining supply and rising demand, this precious metal looks like a good investment.

By Minyanville Jun 5, 2012 6:38PM
minyanville, minyanville mediaWhile gold and silver typically hog commodities headlines, one under-the-radar precious metal with plenty of upside is palladium.
 
So said North American Palladium (PAL) CFO Jeff Swinoga when he presented at last week's Euro Pacific Capital investor conference. Swinoga obviously has a vested interest in pushing palladium, but he made sure to back up his claims with evidence.
 
"The future outlook for palladium is excellent as it continues to benefit from positive supply and demand fundamentals," he said. 

The social network's disastrous public offering burned a lot of small-time investors, many of whom were caught up in media-driven hype.

By TheWeek.com Jun 5, 2012 6:28PM

Image: Broken-Pencil (© Christian Zachariasen/Jupiterimages)This week, Arthur Brisbane, the public editor at The New York Times, took his own paper to task for not expressing enough skepticism about Facebook's (FB) stratospheric stock price before its disastrous IPO on May 18.

"The Facebook story seemed to ride an ever-higher wave of media attention," says Brisbane, sweeping up average investors who wanted a piece of the company led by Mark Zuckerberg, whom the Times praised in hagiographic fashion as belonging to "a line of revolutionaries stretching back to Gutenberg."

 
Tags: FB

The market is far from capitulating here.

By Stock Traders Daily Jun 5, 2012 6:05PM

Our stock market can fall aggressively, and anyone ignoring the risks can see their wealth wiped out in a hurry.


I am not saying this to strike fear into anyone, but if you are blind to the risk you definitely should open your eyes. There is considerable downside risk based on a number of factors and nothing speaks louder than visualization.

 
Tags: QQQSPY

Corning has always been a stock that you buy as much for its tomorrows as for its products today.

By Jim J. Jubak Jun 5, 2012 3:57PM
If Mr. McGuire were to whisper to Benjamin his "just one word" of advice today, instead of 1967, it would be not "plastics" but "glass." (You can check out that clip from "The Graduate" here.)

And the stock that he'd tell Benjamin to buy would almost certainly be Corning (GLW). (Corning is a member of my Jubak Picks 50 long-term portfolio.)

This is a golden age for glass. New larger, brighter, and more detailed displays require larger and purer glass. The world's army of mobile devices requires new tougher but thinner glass for screens. Reducing energy use in brighter LCD and OLED displays requires more uniform and flexible glass to use in a new generation of backplane substrates that allow the use of smaller and faster transistors.
 
Tags: AAPLGLW

As the tech company changes its business model to focus on services, it can use its cash to make acquisitions and develop products.

By Trefis Jun 5, 2012 1:15PM
TrefisFor the past four quarters, Dell (DELL) has generated $4.9 billion in cash flow. The company recently reported results with revenue of $14.4 billion, slipping 4% year over year. Earnings per share for the quarter were 36 cents, down 27% from the previous year, while cash used in operations in the quarter was $138 million.

Dell ended the quarter with $17.2 billion in cash and investments. Its major competitors are IBM (IBM) and HP (HPQ) -- the global leader and Dell's rival in the PC market. 
Tags: HPibm

The food police are winning the public-relations battle.

By Jonathan Berr Jun 5, 2012 1:02PM
Image: Parents and children eating at table © Maria Teijeiro/Digital Vision/Getty ImagesWalt Disney's (DIS) plan to prevent food companies from marketing unhealthful products to children over its media networks and at its theme parks is a game-changer.

The parent of the Disney Channel and ABC Family will require that food advertised on its networks meet a strict set of nutritional guidelines. Many popular products, such as Kraft (KFT) Luchables, along with fast food, sugary cereals and candy that are current advertisers, don't meet the guidelines, according to The New York Times. In addition, Disney will reduce the amount of sodium in children's meals sold at its theme parks by 25%. 

Eurozone worries keep the major indexes basically flat.

By MSN Money Partner Jun 5, 2012 12:33PM
Investors in Starbucks (SBUX) reacted negatively to the company's purchase of Bay Bread and its La Boulange bakery brand for $100 million, though Bernstein said in a note to investors that it sees the deal driving incremental traffic and comp increases over time. Shares of the coffee giant fell 3.75%, while Panera Bread (PNRA) traded 1.25% lower, with the move attributed to Starbucks' acquisition news.

Dollar General (DG) reported better-than-expected quarterly results on the top and bottom line and raised its full-year earnings view, but fears of dilution outweighed the positive sentiment about earnings as the company also filed to sell 25 million shares of common stock for holders. Dollar General's stock was down about 3% near noon. 

The bank has introduced 3 sets of services in the past few weeks.

By Trefis Jun 5, 2012 11:58AM
trefisU.S. Bancorp (USB) is putting in a lot of effort to come up with innovative ways for its customers to carry out banking operations easily using their mobile phones.

The bank released three separate sets of mobile-linked services and solutions over the last two weeks alone. During that time, the bank launched its new banking application for the iPad, a co-branded credit card application for Android, and its MobileMerchant payment solution for mobiles.  
Tags: JPMUSBWFC

The EU needs to unify its stock markets, create a common banking system, and issue European bonds that can absorb all the fractured debt.

By MSN Money Partner Jun 5, 2012 11:53AM

By Sheldon Liber


Ever since the creation of the European Economic Community and the European Union, there hasn't been much sense of community or union.


The adoption of the euro helped. However, it has been a major flaw that countries can't print currency but everyone can issue debt -- and they did, as much as they wanted. The biggest problem in Europe is the people are not united and this keeps the markets separate, including their stock markets: the DAX, FTSE, CAC, and Athens Exchange to name a few.

 
Tags: FFIATYgm

Marvell Technology is upgraded to 'market perform,' and Brocade is downgraded to 'hold.'

By MSN Money Partner Jun 5, 2012 11:05AM
Information provided by Theflyonthewall.com

Tuesday's noteworthy upgrades include:  
  • Fusion-io (FIO) upgraded to Buy from Neutral at Sterne Agee
  • Marvell Technology (MRVL) upgraded to Market Perform at JMP Securities
  • Piedmont Natural Gas (PNY) upgraded to Outperform from Neutral at RW Baird
  • Mead Johnson (MJN) upgraded to Buy from Neutral at Miller Tabak
 

That is, if the Supreme Court upholds the health care reform law.

By InvestorPlace Jun 5, 2012 10:43AM

By Susan J. Aluise

 

As the U.S. Supreme Court mulls the fate of President Barack Obama's signature health reform law, the way these six men and three women eventually rule could have a significant impact on the stocks of managed care companies. And in almost every scenario but one, managed care companies could come out winners.

 

If the entire Affordable Care Act wins the constitutional challenge, managed care companies and insurers win big because they get to divvy up as many as 32 million new customers who'll be required by law to buy health insurance -- many of them young and healthy. That should more than offset any losses incurred by the requirement that the companies accept those with preexisting conditions or health risk factors.

 

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

115
115 rated 1
269
269 rated 2
445
445 rated 3
614
614 rated 4
684
684 rated 5
678
678 rated 6
608
608 rated 7
454
454 rated 8
310
310 rated 9
138
138 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
AAPLAPPLE Inc10
ARCPAMERICAN REALTY CAPITAL PROPERTIES Inc10
ATVIACTIVISION BLIZZARD Inc10
BIDUBAIDU Inc10
BMYBRISTOL-MYERS SQUIBB CO.10
More

Trending NOW

What’s this?

RECENT QUOTES

WATCHLIST

Symbol
Last
Change
Shares
Quotes delayed at least 15 min

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.

MARKET UPDATE

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
Market index data delayed by 15 minutes

[BRIEFING.COM] The stock market punctuated July with a broad-based retreat that sent the S&P 500 lower by 2.0% with all ten sectors ending in the red. The benchmark index posted a monthly decline of 1.5%, while the Russell 2000 (-2.3%) underperformed to end the month lower by 6.1%.

To get a better feel for what led to today's retreat, we'd like to look back to Wednesday, when the market had ample reason to rally, but did not. Instead, it ended basically flat after a sloppy day of ... More


Currencies

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.