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The Finish Line Inc. (s: finl) was downgraded to neutral from buy at Monness Crespi Hardt & Co. The firm based its previous buy rating on The Finish Line’s stock price, which Monness Crespi Hardt considered low, and the belief that the company would surpass its fiscal year guidance. The company’s second-quarter outlook includes an earnings per share forecast of a low-to-mid single digit increase from the fiscal year 2015 non-GAAP diluted earnings per share of $1.67. The “soft” second-quarter sales and September month-to-date same-store sales indicate that The Finish Line’s guidance is not “conservative,” according to Monness Crespi Hardt.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Oil futures held their gains after data from Baker Hughes released Friday showed that the number of active U.S. oil-drilling rigs fell 4 to 640 as of Sept. 25. The total active U.S. rig count, which includes natural-gas rigs, was at 838, also down 4 rigs. Compared to last year, the total rig count has fallen by 1,093, with the oil rig count down 952. Nov. crude was up 44 cents, or 1%, to $45.35 a barrel on the New York Mercantile Exchange. It was trading at $45.37 just before the data.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Mobileye N.V. fell sharply Friday after Citron Research cut the stock price target for the maker of advanced driver assistance systems to $20 and warned that it may eventually be headed for $10. “Investing in this company is a losing bet on a blue-sky future that just does not exist,” said Andrew Left, head of Citron Research, who accused Mobileye of riding the “self-driving car” hype. Left also said there is nothing about Mobileye’s business or technology that validates its $12 billion market cap. Shares of Mobileye slid 3.1% to $45.08.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

By Rachel Jefferson

Content Marketing, especially when done right, can bring in a high volume of renters to your properties. Continued marketing efforts can then keep those renters happy and renewing their leases. But it is a process that takes time. Inman recently published an article on How to Leverage Content Marketing to Generate Leads, which has some great tips for any professional in the real estate industry.

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From:: Property Management

WASHINGTON (MarketWatch) – Chinese President Xi Jinping on Friday said he wanted to improve ties with the U.S. and said the two countries could achieve “win-win cooperation.” In his remarks on arriving at the White House for a morning of talks with President Barack Obama, Xi said the goal of his trip was to make greater advances in the bilateral relationship. In his remarks, Obama agreed that there were wide areas where the two countries could cooperate. “I believe that if our two great nations, if we work together, have an unmatched ability to shape the course of the century ahead,” Obama said. He stressed that differences between the two countries must be addressed “candidly” and reminded Xi of the U.S. interest in human rights.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

WASHINGTON (MarketWatch) – The final read of consumer sentiment was revised higher to 87.2 from a preliminary tally of 85.7, according to the latest University of Michigan reading. This was down from the August final reading of 91.9. Economists surveyed by MarketWatch had expected a reading of 87.0.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Turner Broadcasting System Inc., a Time Warner Inc. subsidiary, said on Friday that it’s named Lauren Hurvitz as its new executive vice president and chief communications and corporate marketing officer. Hurvitz will oversee TBS’s global communications and corporate marketing. She comes to TBS from Starcom Mediavest Group where she served as global chief communications and brand marketing officer since 2012. Before that Hurvitz worked at Verizon Communications Inc.’s AOL and Viacom Inc.’s MTV Networks. Hurvitz received an MBA from Columbia University and an A.B. from Duke University.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Shares of Box rose 4% in early trade Friday after Canaccord analysts upgraded the stock to buy from hold. The analysts cited Box’s solid execution, even as shares have declined, in a tough market, as well as expected new feature announcements next week. “While we don’t expect any epic announcements during next week’s user conference, we do expect incremental feature and functionality news.” Those small expected announcements show Box “puling away” from competitors, the analysts say, and overall they see an advantage with Box focusing on business, rather than consumers. Shares of Box have lost 30% in the past three months, compared to the S&P 500’s loss of 7%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

House Speaker John Boehner will resign from Congress and give up his House seat at the end of October, the New York Times reported Friday, citing aides in his office. Boehner has been under pressure from conservatives over whether to deny federal funding for the group Planned Parenthood in a bill to fund the government for the next fiscal year.

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From:: Stock Market News

U.S. stocks opened sharply higher Friday, boosted by Federal Reserve Chairwoman Janet Yellen’s signal late Thursday that the economy is strengthening and an interest-rate hike is likely before the end of the year. A revision to the second-quarter gross domestic product also showed the economy grew faster than first estimated. The main indexes were on track to finish the week roughly where they started. The S&P 500 opened 16 points, or 0.8%, higher at 1,948. The Dow Jones Industrial Average jumped 190 points, or 1.2%, to 16,387. The Nasdaq Composite began the day up 44 points, or 1%, at 4,779.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News