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|Shares of NEM Now Oversold
Tuesday, October 4, 4:05 PM ET, by Market News Video Staff
In trading on Tuesday, shares of Newmont Mining Corp (NEM) entered into oversold territory, changing ...
Wednesday Sector Leaders: Energy, Materials
Wednesday, October 5, 2:35 PM ET, by Market News Video Staff
The best performing sector as of midday Wednesday is the Energy sector, higher by 2.4%. ...
Thursday Sector Leaders: Materials, Services
Thursday, October 6, 2:33 PM ET, by Market News Video Staff
In afternoon trading on Thursday, Materials stocks are the best performing sector, up 0.5%. Within ...
PPG Industries Enters Oversold Territory
Friday, October 7, 11:34 AM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
Friday Sector Laggards: Materials, Industrial
Friday, October 7, 2:32 PM ET, by Market News Video Staff
Looking at the sectors faring worst as of midday Friday, shares of Materials companies are ...
DD Upgraded at Goldman
By Market News Video Staff, Friday, November 19, 2:04 PM ET
Goldman Sachs (NYSE:GS) upgraded DuPont (NYSE:DD) today, from neutral to buy. Goldman said it was raising its rating after meetings with DuPont management, which gives it confidence in the sustainability of the companyís earnings recovery story. The firmís price target on DuPont was hiked from $52 per share to $56.
DuPont shares are trading higher by about 0.7% following the upgrade.
At 10.84% of the fund, DuPont is the #2 holding in the Materials Select Sector SPDR Fund (AMEX:XLB), which is also trading modestly higher today. Freeport-McMoRan (NYSE:FCX) is the top stock in the fund at 11.81% of the portfolio, followed by Dow Chemical (NYSE:DOW) is 9.28% of the fund and Newmont Mining (NYSE:NEM) at 7.59%.
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