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Monday's ETF Movers: IFNA, PKOL
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Monday, 15 March 2010 |
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In midday trading Monday, the iShares North America Index Fund (IFNA) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Dupont Fabros Technology (DFT), up about 0.7% and shares of Kite Realty Group (KRG), up about 0.6% on the day.
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Monday Deals: Phillips-Van Heusen, Petrohawk
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Monday, 15 March 2010 |
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Phillips-Van Heusen (PVH) said today it has agreed to buy Tommy Hilfiger for $3 billion in cash and stock from private equity funds affiliated with Apax Partners. The deal, which include assumption of debt, will be accretive to profits immediately, to the tune of 20 to 25 cents per share in the year ending January 30, 2011.
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Crude Plummets On Dollar and Economic Recovery Concerns
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Monday, 15 March 2010 |
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03/15/10 Front month crude prices took a dive this session as the US dollar strengthened and concerns continued to grow over economic recoveries for some nations.
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Today's Big Losers: BSX, CNX, MNKD
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Monday, 15 March 2010 |
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Boston Scientific (BSX) shares are down today on an analyst report that it is suspending sales of its implantable defibrillator devices due to a documentation error in regulatory filings. Currently shares are off by more than 17.25%.
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Today's Big Gainers: CXG, PVH, STJ, GNRC
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Monday, 15 March 2010 |
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After CONSOL Energy (CNX) said they are going to buy Dominion Resources (D) Appalachian natural gas assets, CNX Gas (CXG), a subsidiary of CONSOL, is rallying. Currently shares are up more than 12.5%.
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