Red across the board on some weak u. K. Cpi. Respectively sitting at or around new highs, the nikkei logging its best gain in two months. Apple puts ice new ipad retina on the market. And walmart steps up the competition. Another record close for the dow. The s p finishing just a fraction high of the alltime high. The nikkei closes at a high. And up say, jim, the dips are bought again and again and they are. A lot of times its just the intra day dip. Something might happen, a piece of data comes out and people say this is my chance. Theres a classic downgrade today of fedex. Fedex has been on fire. That deal with amazon and the post office, that is bad for fedex. Watch that stock. That will be the tell. It will go down a little and then buyers come in. Buyers cannot resist the transports. The downgrade of fedex to a market perform, they raise their price target from 136 to 117. They dont even mention the amazon ups deal. They say the value is outpacing demand i say thats convincing, i
Keeley Teton Advisors LLC trimmed its stake in Progress Software Co. (NASDAQ:PRGS – Free Report) by 5.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 73,726 shares of the software maker’s stock after selling 3,911 shares during the period. Keeley Teton Advisors LLC […]
Hudson Edge Investment Partners Inc. increased its holdings in shares of Progress Software Co. (NASDAQ:PRGS – Free Report) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,159 shares of the software maker’s stock after acquiring an additional 569 shares during the quarter. […]
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Progress Software Co. (NASDAQ:PRGS – Get Free Report) declared a quarterly dividend on Tuesday, March 19th, Zacks reports. Shareholders of record on Monday, June 3rd will be paid a dividend of 0.175 per share by the software maker on Monday, June 17th. This represents a $0.70 dividend on an annualized basis and a yield of […]