Market News

Janet Yellen nomination as Fed chief provide limited relief; some investors taking precautionary steps against US default

One of the misconceptions people have about passive investing is that it's a "set it and forget" approach to the markets. What are index funds good for, some people ask me, if you just buy them and hold them?

The U.S. economy is growing, but just barely. What does that mean for growth investing? I sat down with Senior Portfolio Manager Tom Ognar, CFA, with Wells Capital Management's Heritage Growth team to gather his insight....

Despite the outright refusal of Jos A Bank's $2.3 billion offer Men's Wearhouse shares are on a tear reaching levels they haven't seen since 2007.

(Kitco News) - Janet Yellen's nomination as the next chief of the Federal Reserve is constructive for gold in the intermediate term since it does not signal a hasty rush out of quantitative easing, most analysts say.

Sherman Oaks, Calif.-based Cherokee licenses several brand names and trademarks for apparel, shoes and accessories. In the U.S., the most recognizable name for mainstream consumers may be its eponymous Cherokee brand of ...

(Kitco News) - Investors have had a relatively easy time in the past few years as central banks flooded the markets with liquidity, but the end of that is likely to come soon, said the head of an international mutual fu...

(Kitco News) - Gold prices were solidly lower in afternoon U.S. trading Wednesday.  Gold and silver saw strong selling pressure due to the key "outside markets" being in a fully bearish daily posture Wednesday--a sharp...

Regis Corporation (RGS - Analyst Report) recently delivered its 4th straight earnings miss, driven by a -3.1% decline in same-store service sales and falling profit margins.

Wall Street is high on Wells Fargo, expecting it to report earnings that are up 10% from a year ago when it reports its third quarter earnings on Friday, October 11, 2013. The consensus estimate is 97 cents per share, up...

Brown Shoe Company (BWS - Snapshot Report) recently delivered a coveted triple play, which includes: a positive sales surprise a positive earnings surprise, and increased guidance from management.

Optimism surrounds Progressive, as it gets ready to report its third quarter results on Wednesday, October 9, 2013. Analysts are expecting the company to book a profit of 36 cents a share, up from 28 cents a year ago.

On 10/11/13, Banco Santander SA's 6.50% Non-Cumulative Series 5 Guaranteed Preferred Securities (NYSE: SAN.PRC) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 10/31/13. As a percentage of SAN.P...

The FOMC minutes for the September Fed meeting reveal a big fight between hawks and doves, pulling to get the Chairman's blessing to either trim or continue quantitative easing, with the latter gaining the upper hand.

President Obama will nominate Janet Yellen to become the first female head to chair the Federal Reserve (Fed). Currently, Dr. Yellen serves as the vice chair of the Fed. She has a distinguished career in central banking,...

In the last few months, there has been a rise in small- and mid-size firms seeking to hedge their forex exposures

In trading on Wednesday, shares of Coeur Mining, Inc. (NYSE: CDE) touched a new 52-week low of $11.00/share. That's a $20.97 share price drop, or -65.59% decline from the 52-week high of $31.97 set back on 11/01/2012. La...

Looking back to 105 days ago, Five Below Inc (NASD: FIVE) priced a 6,000,000 share secondary stock offering at $36.00 per share. Buyers in that offering made a considerable investment into the company, expecting that the...

Looking back to 62 days ago, Advent Software (NASD: ADVS) priced a 7,261,844 share secondary stock offering at $27.00 per share. Buyers in that offering made a considerable investment into the company, expecting that the...

Looking back to 147 days ago, Acadia Pharmaceuticals Inc (NASD: ACAD) priced a 8,000,000 share secondary stock offering at $12.50 per share. Buyers in that offering made a considerable investment into the company, expect...

Investors eyeing a purchase of W&T Offshore (NYSE: WTI) stock, but cautious about paying the going market price of $17.55/share, might benefit from considering selling puts among the alternative strategies at their dispo...

Investors eyeing a purchase of World Acceptance Corp. (NASD: WRLD) shares, but cautious about paying the going market price of $96.65/share, might benefit from considering selling puts among the alternative strategies at...