NEW DELHI, INDIA, Nov. 23, 2009 (Marketwire) --
NEW DELHI, INDIA -- (Marketwire) -- 11/23/09 -- Markets continue to remain weak. The leading economic indicators for October increased 0.3%, which is not as strong as the 0.4% that was expected. The Philadelphia Fed Survey for November came in at 16.7, which is better than the reading of 12.2 that had been widely forecast. Third quarter mortgage delinquencies hit 9.6%, which is up from the 9.2% that was registered in the second quarter. Today, we, at The Fortune Financial, have asked some of the top analysts worldwide to give us their updated feedback regarding the current market activity and position on New Alliance Bancshares Inc. (NYSE: NAL), Men's Wearhouse Inc. (NYSE: MW), Microsoft Corp. (NASDAQ: MSFT), Hercules Offshore Inc. (NASDAQ: HERO), News Corp. (NASDAQ: NWSA) and Salix Pharmaceuticals Ltd (NASDAQ: SLXP).
The following are extracts from today's analytical research reports
-- NAL: The stock movement is very sluggish the stock is being traded in
between $10 and $13 constantly however...
-- MW: Stock is looking strong on the charts. It is on an uptrend since
August but however...
-- MSFT: Stock is looking strong on the charts. It is on an uptrend since
August and...
-- HERO: The stock movement is highly volatile and choppy in September it
gained momentum of nearly 25% but could not sustain it. Moreover...
-- NWSA: Since second week of July the stock is showing slow bullish
trend with good volumes.
-- SLXP: Till mid September the stock was being traded at below $13 but
post that it grew almost by 66% and...
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TheFortuneFinancial.com is not affiliated or compensated by any of the above mentioned companies, nor do we own a position in any of the companies.
