Market News

August 29, 2013  Thu 7:31 AM CT

Verizon Wireless Stake at Play

Vodafone confirmed it's in talks to sell its 45 percent stake in Verizon Wireless. The market has been waiting on a deal for a long time, and today's news is sending VOD higher by 8 percent before the opening bell on my tradeMONSTER platform. VZ is up 7 percent, as well.

Strong Margins Push Guess Higher

Guess earned $0.52 a share in the second quarter, crushing the $0.36 average analyst forecast. Sales of $639 million also beat the $622 consensus number. GES rallies 15 percent in early trading.

Shanda Games Beats on Top, Bottom Lines

China's Shanda Games earned $0.24 a share in its second quarter on revenue of $175.6 million. Analysts had only expected $0.20 and $174.74 million, respectively. GAME is up 3 percent in the premarket.

 

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From the AP Archives: If It's Not There...

I have talked at great length about the fact that as an individual investor, you do not have to be in the market at all times.

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