Market News
Bitcoin Exchange MtGox CEO Karpeles Faces Lawsuit Over Bankruptcy; Personal Finances Targeted In Class-Action Case
IBTimes - 4 Mar 2014 06:21
In the latest chapter of the MtGox saga, a London law firm has filed a class-action lawsuit against MtGox CEO Mark Karpeles. The bitcoin exchange filed for bankruptcy Friday, stating that more than 850,000 bitcoins, 100,...
Russian markets plunge 10.8% as Vladimir Putin tightens Crimea grip
livemint.com - 4 Mar 2014 06:42
Central bank spends as much as $12 billion of its reserves to prop up rouble as investors reacted to tensions
Sensex recovers slightly as Ukraine crisis continues to weigh
livemint.com - 4 Mar 2014 06:14
The BSE benchmark rises around 0.2% as risk aversion continues
'How I Met Your Mother' Season 9 Spoilers: Episode 20 Promo Leaked; Will 'Daisy' Give More Clues About 'The Mother's' Death Theory? [VIDEO]
IBTimes - 4 Mar 2014 23:21Salesforce.com Shows Insanity Of Growth At Any Price
Forbes - 4 Mar 2014 21:47
The only other large capitalization property that sells anywhere near Salesforce's premium is Adobe, which I throw up my hands as unanalyzable.
Facebook Follows Amazon, Google Into Drones With $60 Million Purchase
Forbes - 4 Mar 2014 21:36
Time to hop on the drone bandwagon -- before it flies off without you.
Why CEOs Need A Better Approach With IPO Investors
Forbes - 4 Mar 2014 21:23
It's not just about selling your story, it's about making sure you have the right kind of investors.
Merger Roundup: VMI, LCUT, IBM, MITL
Forbes - 4 Mar 2014 21:22
Valmont Industries (VMI) has acquired privately-held DS SM A/S, a market leader in Northern Europe for the manufacture of heavy complex steel structures for a diverse range of industries including wind energy, offshore o...
Will 1,100 Stores Closures Save RadioShack? Probably Not
Forbes - 4 Mar 2014 21:18
RadioShack will be closing up to 1,100 stores across the country. More closings could be on the way.
AAII Survey: Investors Stick With Equities, Don't Trust Emerging Markets Yet
Forbes - 4 Mar 2014 20:56
Individual investors' allocation to equities stayed above 60% for the 11th consecutive month.
Why eBay Raised Its Stake In India's Snapdeal?
Forbes - 4 Mar 2014 20:49
It makes sense for eBay to raise its stake as Snapdeal.com is expanding rapidly and expects to grow its gross merchandise volume from INR5 billion in 2013 to INR30 billion in 2014. We expect India's e-commerce market to ...
Here's Why ConocoPhillips' Margin Expansion Might Continue
Forbes - 4 Mar 2014 20:48
Even after adjusting for the difference in price realizations, the company's cash margins improved by $2.35 per BOE, which implies more than 9% year-on-year growth. The key trend behind this spectacular margin expansion ...
Best Buy's Sales Suffer Due To Weak Holiday Season And Bad Weather
Forbes - 4 Mar 2014 20:47
Both domestic and international revenues declined. Additionally, the company saw non-GAAP diluted EPS of $1.24 in Q4, which was better than expected, as it continued to record cost savings through the Renew Blue program.
Tuesday 3/4 Insider Buying Report: PKG, UIHC
Forbes - 4 Mar 2014 20:39
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to ...
Tuesday's ETF with Unusual Volume: PBD
Forbes - 4 Mar 2014 20:31
The Global Clean Energy Portfolio ETF (PBD) is seeing unusually high volume in afternoon trading Tuesday, with over 249,000 shares traded versus three month average volume of about 39,000. Shares of PBD were up about 3...
Pimco Sees Outflows Even as Bonds Regain Favor
Wall Street Journal - 4 Mar 2014 20:29
Pimco's flagship bond fund continued to see outflows in February, even as investors have started returning to bond funds.
After Years Promoting Russian Trade, Geopolitics Could Cause Problems For Caterpillar
IBTimes - 4 Mar 2014 20:21
American markets are feeling the jolt from geopolitical tensions in Russia and Ukraine, but companies like Caterpillar Inc. (NYSE: CAT) have even more to worry about. After fighting for years to improve U.S. trade relati...
Ukraine Crisis Takes New Spin As Russia Threatens To Dump US Treasurys If Sanctions Imposed
IBTimes - 4 Mar 2014 20:21
Russia is playing the money card. Sergei Glazyev, an adviser to Russian President Vladimir Putin, said on Tuesday that the country could sell all the U.S. government bonds it owns should the country impose sanctions on R...
Some Thai Rice Farmers to Get Relief
Wall Street Journal - 4 Mar 2014 19:40
Thailand's Election Commission approved the government's request to disburse $616 million to pay farmers for rice bought months ago in a now-troubled subsidy program.
Banks make lower provisions for bad debts to buoy profits
livemint.com - 4 Mar 2014 19:21
Loan-loss coverage for banks has declined over the past many quarters
Tuesday's ETF Movers: IWC, GDXJ
Forbes - 4 Mar 2014 18:59
In trading on Tuesday, the iShares Micro-Cap ETF (IWC) is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of FuelCell Energy (FCEL), up about 24.9% an...
S&P 500 Analyst Moves: PWR
Forbes - 4 Mar 2014 18:56
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Quanta Services (PWR) is now the #16 analyst pick, moving up by 1 spot. This rank ...