Market News
Africa's Economic Explosion: Who Is Aliko Dangote? Nigerian Billionaire Plans $16B Investment Project Across The Continent
IBTimes - 17 Dec 2013 18:16
Africa's richest man, Nigerian Aliko Dangote, plans to invest $16 billion for infrastructure projects in the energy, agriculture and construction sectors in what is likely the largest private investment ever in the conti...
Is Brody Really Dead? 'Homeland' Producer Confirms The Fate Of Damian Lewis' Character, Season 4 Spoilers
IBTimes - 17 Dec 2013 21:19
Stars of the Showtime drama "Homeland," Claire Danes and Damian Lewis Facebook: Homeland
Basel III Capital Ratio Requirements Chop More Than $1 Trillion From European Bank Assets: European Banking Authority
IBTimes - 17 Dec 2013 19:35
New bank regulations designed to prevent a global financial crisis such as hit international markets in 2008 have resulted in European banks losing more than $1 trillion of their assets in the last two years, according t...
Consumer Price Index: Low Inflation Shows The Fed Should Try A Different Tool
Forbes - 17 Dec 2013 22:35
The Consumer Price Index (CPI) was unchanged in November. Declines in energy prices have been dragging the headline number lower. The Core CPI, which excludes food and energy, was up 0.2% for the month. Most of the incre...
Seven Growth Stocks For Skeptical Investors
Forbes - 17 Dec 2013 22:27
These seven stocks have shown they can manage expectations by topping consensus profit estimates in four straight quarters.
Red Hat Earnings Expected to Rise
Forbes - 17 Dec 2013 22:16
Wall Street is optimistic about Red Hat, which is slated to report its third quarter results on Thursday, December 19, 2013. Analysts project a profit of 24 cents a share, a rise from 20 cents per share a year ago.
Anticipated Earnings Increase for KB Home
Forbes - 17 Dec 2013 22:15
Analysts expect higher profit for KB Home when the company reports its fourth quarter results on Thursday, December 19, 2013. The consensus estimate is calling for profit of 45 cents a share, reflecting a rise from three...
Cintas Earnings Expected to Rise
Forbes - 17 Dec 2013 22:15
Analysts expect higher profit for Cintas when the company reports its second quarter results on Thursday, December 19, 2013. The consensus estimate is calling for profit of 68 cents a share, reflecting a rise from 63 cen...
Earnings for Rite Aid Expected to Fall
Forbes - 17 Dec 2013 22:15
Wall Street is expecting lower profit for Rite Aid when the company reports its third quarter results on Thursday, December 19, 2013. Analysts are expecting earnings per share of four cents after the company booked a pro...
Earnings Increase Expected for FedEx
Forbes - 17 Dec 2013 22:15
Optimism surrounds FedEx, as it gets ready to report its second quarter results on Wednesday, December 18, 2013. Analysts are expecting the company to book a profit of $1.64 a share, up from $1.39 a year ago.
Estimates Fall for Nike
Forbes - 17 Dec 2013 22:15
Nike reports its second-quarter earnings on Thursday, December 19, 2013, and the consensus earnings per share estimate is 58 cents per share.
Earnings for ConAgra Foods Expected to Fall
Forbes - 17 Dec 2013 22:15
Analysts expect decreased profit for ConAgra Foods when the company reports its second quarter results on Thursday, December 19, 2013. Although ConAgra reported profit of 57 cents a year ago, the consensus estimate calls...
Estimates Remain Steady for Accenture
Forbes - 17 Dec 2013 22:15
Accenture reports its first-quarter earnings on Thursday, December 19, 2013, and the consensus earnings per share estimate is $1.09 per share.
Climate Change Watch: The Banana's Days May Be Numbered As Warming Prompts Insect Infestations
IBTimes - 17 Dec 2013 22:07
Add bananas to the list of things we love that are threatened by climate change. That's the takeaway from a recent Scientific American report and the conclusion of Magda González, Costa Rica's director of the agricultur...
Rising Spending From National Oil Companies To Benefit Schlumberger
Forbes - 17 Dec 2013 22:07
While North America is expected to see a recovery, with spending projected to rise by around 7% to around $156 billion, a significant part of the absolute spending growth is expected to come from national oil companies i...
Armoured For Growth; Potential Opportunities For Under Armour
Forbes - 17 Dec 2013 21:58
The synthetic performance apparel market is estimated to be around $3 billion, of which Under Armour holds about 70% of the share. Since the company does not have much scope to gain share in this market, its growth depen...
Wall Street Will Prepare Ways To Gut The Volcker Rule
Forbes - 17 Dec 2013 21:35
The ink is not even dry on the new Volcker Rule, designed to stop investment banks from speculative trading for their own gains and limiting their ability to invest in hedge funds. But Wall Street and its bankers are sur...
Gold Sees Selling Pressure Tuesday As FOMC Statement Looms
Forbes - 17 Dec 2013 21:12
(Kitco News) - Gold prices ended the U.S. day session solidly lower Tuesday, as a still-bearish technical posture allows the market to drift sideways to lower amid a lack of fresh, bullish fundamental news. February gol...
Here's Why The Stock Market Bubble Deniers Are Completely Wrong
Forbes - 17 Dec 2013 20:25
Learn why the arguments used by stock market bubble deniers are misleading and flat-out wrong.
IPO grading will no longer be compulsory, says regulator
livemint.com - 17 Dec 2013 19:32Swiss Banks Seeking To Avoid US Prosecution For Helping Americans Dodge Taxes Urge US Clients To Come Clean About Secret Accounts
IBTimes - 17 Dec 2013 19:08
Come clean about your secret accounts, some Swiss banks are urging their American clients as the banks prepare to hand over information about such holdings in exchange for U.S. prosecutorial lenience for aiding tax evasi...
Reasons To Sell Apple And Its Supplier Avago
Forbes - 17 Dec 2013 18:29
It is time to take partial profits, especially on short-term trades on Apple and its supplier Avago.