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Shares of Cummins Inc. climbed on Monday after a Goldman Sachs analyst added the diesel engine maker to a list of favorite stocks, saying the company is poised to benefit from demand in emerging economies.
Dec. 7 (Bloomberg) -- Shares of the following companies are having unusual moves in U.S. trading . Stock symbols are in parentheses, and prices are as of 11:15 a.m. in New York.
Dec. 7 (Bloomberg) -- Canadian stocks swung between gains and losses as a rising U.S. dollar weighed on commodity prices and Potash Corp. of Saskatchewan gained on an analyst upgrade.
Earlier buybacks negotiated with Treasury look rich and suggests that Jamie Dimon, JPMorgan’s chief, did right by his shareholders by not buying his warrants back.
Dec. 7 (Bloomberg) -- The yen strengthened and the dollar rose to its highest level in a month against the euro as investors weighed whether the world economy is recovering fast enough to warrant higher central bank interest rates. Gold headed for the steepest two-day retreat since October 2008.
Shares of Potash Corp. jumped Monday as an analyst upgraded the fertilizer company, citing an improved global demand outlook for potash in 2010.
Airline stocks dip in early trading following a two-week surge in gains that came with investor enthusiasm over a recovering economy.
The government is considering slapping a "supertax" on bankers' bonuses amid fears of a lavish season for senior staff despite the global financial crisis, reports said Monday.
Dec. 7 (Bloomberg) -- Shares of the following companies may have unusual moves in Canadian trading. Stock symbols are in parentheses. The Standard & Poor’s/TSX Composite Index fell for a second day on Dec. 4, losing 125.75 points, or 1.1 percent, to 11,510.80, paring the weekly gain to 0.4 percent.
Plus more stocks making headlines in Monday's market
Dec. 7 (Bloomberg) -- The U.S. Treasury Department aims to hold off on selling its 34 percent stake in Citigroup Inc. until the bank and regulators agree on a broader plan to repay all obligations remaining from last year’s $45 billion government bailout, a person close to the department said.
