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Tellabs Shares Spring Upward on $1 Special Dividend News

Andrew Klips | Equities.com |

Tellabs Inc. (TLAB) is seeing shares track higher in early trading after advancing in after-hours trading on Thursday.  The company, whose shares closed the regular session on Thursday at $2.95


Equities Sector Coverage: Stocks Edged Higher on Election Day

Sector Recap | Equities.com |

The Dow Jones Industrial Average traded up 13,290.75 still between its 200-day simple moving average at 12,994.20 and its 50-day SMA at 13,341.07. A weekly close above the five-week modified


Equities Sector Coverage: Stocks Fade in Late Trading to End Lower

Sector Recap | Equities.com |

The S&P/Case-Shiller 20-city composite index of home prices showed a decline of 0.8% in January, a slightly bigger decline than expected. Home prices were down 3.8% year over year. The


Equities Sector Coverage: Investor Optimism Returns to Wall Street

Sector Recap | Equities.com |

Initial Jobless Claims for the week ending March 3 was 362,000, an increase of 8,000 from the previous week's revised figure of 354,000. The Dow Jones Industrial Average rallied to an afternoon


Equities Sector Coverage: Stocks Overcome Early Drop to End Flat

Sector Recap | Equities.com |

ADP reported that the private sector added 325,000 jobs in December. Initial Jobless Claims fell to 372,000 last week still above the recessionary threshold of 350,000. Non-manufacturing ISM came


Equities Sector Coverage: Financials Lead Decliners As Market Plunges

Sector Recap | Equities.com |

Nonfarm Payrolls were flat in August and the levels for June and July were revised lower by 58,000. The unemployment rate remained at 9.1%. The private sector only added 17,000 jobs. The average


Equities Sector Coverage: Wall Street Shrugs Off Bad Data, Early Losses to Extend Run

Sector Recap | Equities.com |

According to S&P Case Shiller home prices rose 3.6% in the second quarter, but were down 5.9% year over year. According to the Conference Board Consumer Confidence plunged to 44.5 in August


Equities Sector Coverage: Stocks Retake Key Ground With Rally

Sector Recap | Equities.com |

Personal Income came in slightly weaker than expected in July rising by 0.3%, while spending rose a slightly more than expected 0.8% at the expense of a reduced savings rate. Pending Home Sales


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