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OVTI

OmniVision (OVTI) Pops on Rumors of Chinese Buyout

Remy Merritt | Equities.com |

Stock in the US digital chipmaking company OmniVision Technology (OVTI) surged 15% to close at $28.29 following Chinese investment company Hua Capital’s announcement of a buyout offer of


Wall Street Slumps Toward September

Michael Teague | Equities.com |

Stocks dipped significantly on Friday to end the month of August, as investor fears of US involvement in Syria were put on hold, and several bits of economic data brought the focus back to


Equities Sector Coverage: Late Spike Helps Stocks to Close Flat

Sector Recap | Equities.com |

Personal Income was flat in October while Spending declined 0.2%. The Dow Jones Industrial Average traded up to 13,053.74 then dipped to 12,988.68 versus the 200-day simple moving average at


Apple Approaches $700 As iPhone 5 Demand Stronger Than Expected

Equities Editors Desk | Equities.com |

Regardless of whether or not the iPhone 5 impressed the hardcore techies and smartphone aficionados, consumers have already given Apple's (AAPL) latest version a strong stamp of approval. The


Equities Sector Coverage: Stocks Close Out Summer on High Note

Sector Recap | Equities.com |

The Chicago PMI declined slightly to 53.0 in August, below expectations. The University of Michigan Consumer Sentiment reading for August was finalized at 74.3 slightly high than July’s reading,


Equities Sector Coverage: Stocks Get Hammered on Economic News

Sector Recap | Equities.com |

The Labor Department reported that nonfarm payrolls rose by a slim 69,000 in May, the fewest since May 2011 and significantly below expectations. In addition the April payroll figure was revised


Equities Sector Coverage: Stocks Back Off Highs, Closing Slightly Lower

Sector Recap | Equities.com |

Housing Starts fell 1.1% in February to an annual rate of 698,000. Permits rose 5.1% to an annual rate of 717,000. Single Family Starts fell 9.9% to an annual rate of 457,000 homes. The Dow Jones


Equities Sector Coverage: Is the Bull Market Over?

Sector Recap | Equities.com |

The Dow Jones Industrial Average declined to 12,734.86 on Tuesday afternoon after momentum on the daily chart shifted to negative at Monday’s close. The NASDAQ declined to 2900.28 on Tuesday


Equities Sector Coverage: Stocks Hit Multi-Year Highs

Sector Recap | Equities.com |

The University of Michigan Consumer Sentiment Survey came in slightly stronger than expected at 75.3. New Home Sales declined 0.9% to an annual rate of 321,000 in January. The price of a new home


Equities Sector Coverage: Wall Street Tests New Highs

Sector Recap | Equities.com |

On Tuesday Greece received a commitment to a $170 billion bailout but stocks slipped on the news. Dow Futures were up 72 points on Monday with NASDAQ Futures up 10.5 points, but these levels were


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