Market News
A slight recovery at Titan doesn't justify its rich valuations
livemint.com - 13 Mar 2014 14:49
Titan has had relief rallies in the past year too, but it remains to be seen if there is a genuine recovery at the company
UniCredit Caught on Horns of Dilemma
Wall Street Journal - 13 Mar 2014 22:30
Executives at the Italian bank faced an unpleasant decision about fourth-quarter results: announce a record-breaking loss or run the risk of displeasing investors and Italian regulators.
Barclays (BARC) To Lay Off Thousands In Massive Overhaul Of Giant Investment Bank: Report
IBTimes - 13 Mar 2014 22:21
Barclays PLC (LON:BARC), the world's seventh-largest bank by assets, will lay off thousands of staff as it overhauls the iconic but troubled financial institution, the Financial Times reported Thursday. The London-based ...
All eyes on today's WPI inflation data
livemint.com - 13 Mar 2014 21:31PSU ETF to be launched on 18 March
livemint.com - 13 Mar 2014 21:10
Goldman Sachs India AMC will start selling India's first mutual fund scheme aimed at helping the govt divest part of its stake in state-run companies
Gold Takes Cues From Rates, Not Wars
Forbes - 13 Mar 2014 20:45
Ukraine is a sideshow. For now. Real 10-year U.S. bond yields have fallen from 1.5% above inflation when gold bottomed below $1,200 per ounce last New Year's Eve to 1.0% or so today. Making U.S. debt less attractive as a...
Government to buy back bonds worth `15,000 crore
livemint.com - 13 Mar 2014 20:33India's import cover continued to fall in September: RBI
livemint.com - 13 Mar 2014 20:30
India had sufficient foreign exchange reserves to cover 6.6 months of imports in September, from 7 months in March
Daily Dividend Report: CL, TGT, YUM, SWY, BEN
Forbes - 13 Mar 2014 20:18
Colgate-Palmolive (CL) increased the ongoing quarterly common stock cash dividend by 6%. The increase will be effective as of the second quarter, 2014. The new rate of $.36 per share is up from $.34. The Board declared t...
Thursday's ETF with Unusual Volume: XSD
Forbes - 13 Mar 2014 19:50
The SPDR S&P Semiconductor ETF (XSD) is seeing unusually high volume in afternoon trading Thursday, with over 245,000 shares traded versus three month average volume of about 25,000. Shares of XSD were off about 1.9% o...
Thursday 3/13 Insider Buying Report: CHGG, MPLX
Forbes - 13 Mar 2014 19:40
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 cash to mak...
Thursday's ETF Movers: GDXJ, GXC
Forbes - 13 Mar 2014 19:33
In trading on Thursday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 3.1% on the day. Components of that ETF showing particular strength include shares of Banro (BAA.CA), up about 10.4% and s...
Weaker Yuan Hurting Chinese Investors And Copper Prices -- Analysts
Forbes - 13 Mar 2014 19:23
(Kitco News) - Continued weakness and rising volatility in the Chinese yuan is being felt in the copper markets, a trend that some analysts are expecting to continue as investors adjust to higher risks and more open Chin...
Thursday Sector Laggards: Diagnostics, Shipping Stocks
Forbes - 13 Mar 2014 18:03
In trading on Thursday, diagnostics shares were relative laggards, down on the day by about 1.6%. Helping drag down the group were shares of Provident Service (PRSC), off about 15.8% and shares of Addus Homecare (ADUS)...
Thursday Sector Leaders: Precious Metals, Electric Utilities
Forbes - 13 Mar 2014 18:02
In trading on Thursday, precious metals shares were relative leaders, up on the day by about 1.9%. Leading the group were shares of Sandstorm Gold (SAND), up about 6.5% and shares of Golden Star Resources (GSS) up abou...
Is Your Portfolio Well-Positioned?
Forbes - 13 Mar 2014 17:44
The lack of much economic data so far this week has likely helped to reduce the volatility from last week and there were signs late Wednesday that the selling was starting to dry up. The S&P futures made their lows in th...
Bharti Airtel raises 350 million Swiss francs via six-year bonds
livemint.com - 13 Mar 2014 17:09
The bond, issued at a 3% coupon rate, is rated at "BBB-", on par with India's sovereign rating
EWH, SVXY: Big ETF Outflows
Forbes - 13 Mar 2014 16:55
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI Hong Kong ETF (EWH), where 2,325,000 units were destroyed, or a 2.1%...
UWM, TECS: Big ETF Inflows
Forbes - 13 Mar 2014 16:54
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Proshares Ultra Russell2000 (UWM), which added 5,775,000 units, or a 38.3% increase week...
Regulatory risk to the fore in Indian pharma stocks
livemint.com - 13 Mar 2014 16:52Thursday 3/13 Insider Buying Report: CXW, RSH
Forbes - 13 Mar 2014 16:43
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
S&P 500 Movers: PVH, AMZN
Forbes - 13 Mar 2014 16:31
In early trading on Thursday, shares of Amazon.com (AMZN) topped the list of the day's best performing components of the S&P 500 index, trading up 2.9%. Year to date, Amazon.com has lost about 4.3% of its value.