(RTTNews) - Canadian stocks have dropped sharply on Thursday, following the lead of U.S. markets. Commodities are lower, weighing on the resource sectors. The S&P/TSX Composite Index has dropped 141.16 points or 1.21% to move at 11,511.53. Mining stocks are down 2%. Inmet (IMN.TO) has dropped 2.6%, First Quantum (FM.TO) is down 2.2% and ...

November 19th, 2009 - Bank of America/Merrill (BAC) downgraded a number of semiconductor companies, expecting a modest inventory correction, even as economies improve and demand for electronics rises. Four shares were downgraded to neutral, including Intel (INTC), Texas Instruments (TXN), Marvel Technology Group (MRVL) and LSI Corp (LSI). The form lowered Maxim Integrated Products ...
Author: Zacks Investment Research