Market News
7 Tips For A Better Retirement
Forbes - 21 Jan 2014 21:35
What retirees can do now for a better retirement later.
Western Digital Earnings Preview: Enterprise and SSD Storage To Drive Quarter
Forbes - 21 Jan 2014 22:13
With an industry-wide decline in both the number of PC storage units shipped and the average selling price of PC units, the company expects revenues to remain flat over the previous quarter.
U.K. Weighs How to Tax Dealings in Bitcoin
Wall Street Journal - 21 Jan 2014 23:36
The virtual currency's novelty--and sudden popularity--has left tax authorities scrambling to catch up.
Microsoft Earnings Preview: Device Sales And Business Strategy In Focus
Forbes - 21 Jan 2014 22:34
While the search for a new CEO to lead the company is still underway, the focus in this earnings announcement will be on declining global PC sales and Microsoft's strategy to bolster its revenues through the sale of smar...
BlackRock Looks Good For $330 As Improving Economic Outlook Bolsters Asset Growth
Forbes - 21 Jan 2014 22:28
A visible increase in the size of actively-managed as well as high-risk investment options, which hold higher revenue potential, among other factors have led us to raise our price estimate for BlackRock's stock from $296...
China PBOC Injects Cash Into Banks To Ease Credit Squeeze Ahead Of Lunar New Year Holiday
IBTimes - 21 Jan 2014 22:25
Following three cash crunches that struck China's market last year, the country's central bank is now taking the unusual step to strengthen its communication on interbank liquidity management. "Better management of marke...
Motorola Solutions Earnings To Benefit From Government Seasonality And Steady Enterprise Recovery
Forbes - 21 Jan 2014 22:07
To deal with the uncertain macro-environment, Motorola has been looking to improve margins by reducing costs and driving efficiency through operations. As a result, the company expects to improve 2013 operating margins b...
Natural Gas Soars as Storm Roars
Wall Street Journal - 21 Jan 2014 22:01
Natural gas prices for New York City and the mid-Atlantic states have soared to record highs on Tuesday, as a snowstorm brought freezing temperatures to the Northeast U.S.
Bitcoin Vs. Bank Of Finland: Cryptocurrencies Ruled As Commodities After Failing Money Test
IBTimes - 21 Jan 2014 21:47
The digital currency bitcoin is no more. At least, not in Finland, where it is now officially a digital commodity -- not a currency. "Considering the definition of an official currency as set out in law, it's not that. I...
NSE's IRF: Contracts of `3,000 cr traded on day 1
livemint.com - 21 Jan 2014 21:22
NSE is the second exchange to launch interest rate futures (IRFs) following MCX-SX's launch of this revamped hedging tool on Monday
Travelers Earnings Smash Expectations But Momentum Is Slowing
Forbes - 21 Jan 2014 20:51
Shares of Travelers are trending down today, despite a hardy earnings beat from the insurance company.
Gold Ends Weaker After Scoring 5-Week High Early On
Forbes - 21 Jan 2014 21:22
(Kitco News) - Comex gold prices ended the U.S. day session moderately lower Tuesday, but up from the daily low. Gold prices hit a five-week high in overseas trading, but as action moved to the U.S. some technically rel...
Safe Bulkers Series B Cumulative Redeemable Perpetual Ex-Dividend Reminder
Forbes - 21 Jan 2014 20:50
On 1/22/14, Safe Bulkers Inc's 8.00% Series B Cumulative Redeemable Perpetual (NYSE: SB.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 1/30/14. As a percentage of SB.PRB's recent share price...
Margins drop but Thermax holds out amid tough market conditions
livemint.com - 21 Jan 2014 20:34
Increasing cost pressures on all fronts have gobbled up Thermax's operating profit
Strong overseas sales lift Torrent Pharma's profits
livemint.com - 21 Jan 2014 20:32
Concerns about the company's acquisition of Elder Pharma's domestic formulations business are weighing on the stock
Insider Bets Paying Off At KEY As New 52-Week High Reached
Forbes - 21 Jan 2014 20:09
In trading on Tuesday, shares of KeyCorp (NYSE: KEY) touched a new 52-week high of $13.96/share. That's a 55.28% rise, or $4.97 per share from the 52-week low of $8.99 set back on 01/24/2013. That means at today's intrad...
Insiders Seeing Green With AA At New 52-Week High
Forbes - 21 Jan 2014 20:08
In trading on Tuesday, shares of Alcoa, Inc. (NYSE: AA) touched a new 52-week high of $12.25/share. That's a 60.55% rise, or $4.62 per share from the 52-week low of $7.63 set back on 07/03/2013. That means at today's int...
King Holiday Week Not Especially Good For Stocks
Forbes - 21 Jan 2014 19:59
The week has generally started out strong, and then has progressively gotten weaker.
Wheat Researchers Battle Crippling Ug99 Rust In Africa
IBTimes - 21 Jan 2014 19:54
Researchers have made progress in battling an expensive strain of wheat rust, which has crippled crops in Africa, with news from both universities and international organizations. Kenya has found new wheat varieties resi...
Can Retailers Like Walmart And Labor Rights Groups Like IndustriALL Unite To Stop Bloodshed In Cambodia? Read The Full Text Of The Letter Sent To Prime Minister Hun Sen
IBTimes - 21 Jan 2014 19:53
Cambodia's violent handling of labor unrest earlier this month has united two groups who are often at odds when it comes to fair wages among the developing world's garment workers: three global labor rights unions and 30...
Tuesday Sector Leaders: Precious Metals, Cigarettes & Tobacco Stocks
Forbes - 21 Jan 2014 19:51
In trading on Tuesday, precious metals shares were relative leaders, up on the day by about 2.6%. Leading the group were shares of North American Palladium Limited (PAL), up about 17.4% and shares of Rubicon Minerals (RB...
Tuesday Sector Laggards: Real Estate, Grocery & Drug Stores
Forbes - 21 Jan 2014 19:50
In trading on Tuesday, real estate shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of ZipReality (ZIPR), off about 25.3% and shares of China HGS Real Estate (HGSH) of...