Market News
US Stock Futures Suggest Weaker Opening; Oracle Earnings, And Data On Inflation And Housing Starts To Be Watched
IBTimes - 18 Mar 2014 14:21
Monday's rally in stocks coupled with tensions from the Crimean referendum that triggered sanctions on Russia by the U.S., European Union and Japan, point to a subdued opening while investors could be expected to watch f...
Merger Talks Between J. Crew and Japan's Fast Retailing Break Down
Wall Street Journal - 18 Mar 2014 22:54
The end to the merger discussions between apparel chain J. Crew Group and Fast Retailing hurts the prospects for a deal that would create a global retailing behemoth.
Microsoft May Bring Office To An iPad Near You, But Investors Divided On Future
Forbes - 18 Mar 2014 22:11
Microsoft shares climbed close to 4% Tuesday following reports that the company will finally release a version of its popular Office software for Apple's ubiquitous iPad.
Daily Dividend Report: JPM, FE, SRC, EPR, DSW
Forbes - 18 Mar 2014 20:55
The Board of Directors of JPMorgan Chase & Co. (JPM) declared a quarterly dividend of 38 cents per share on the outstanding shares of the corporation's common stock. The dividend is payable on April 30, 2014, to stockhol...
FDIC Sues 16 Global Banks For Roles In Manipulating LIBOR
Forbes - 18 Mar 2014 19:50
The FDIC filed the lawsuit on behalf of 38 banks which went bankrupt at the peak of the downturn in 2008, as a considerable part of the losses for these banks were incurred on interest-rate derivative products sold to th...
Tuesday's ETF with Unusual Volume: PXI
Forbes - 18 Mar 2014 19:49
The PowerShares DWA Energy Momentum Portfolio ETF (PXI) is seeing unusually high volume in afternoon trading Tuesday, with over 61,000 shares traded versus three month average volume of about 25,000. Shares of PXI were...
Moderation In Growth And Downbeat Guidance Unlikely To Hurt Ann's Long Term Outlook
Forbes - 18 Mar 2014 19:48
In addition to generating better comparable sales by keeping products inline with customer tastes, Ann is looking to improve its operating margins. If Ann's efforts to reduce its SG&A expenses and cost of goods yield fru...
Big Year Ahead For Honda As It Looks To Debut New Models
Forbes - 18 Mar 2014 19:46
In 2012, Honda unveiled its mid-term plan in which the automaker outlined a plan to sell 6 million vehicles by 2017, up from ~4.0 million in 2012. The success of these vehicles will play a huge role in deciding whether t...
Low Silver And Gold Prices Will Impact Silver Wheaton's Year-Over-Year Profits
Forbes - 18 Mar 2014 19:44
Silver Wheaton links its dividend payment to cash generated by operating activities in the previous quarter. Low silver prices imply lower cash flows and hence lower dividends, which may put pressure on the company's sha...
Tuesday 3/18 Insider Buying Report: POL, BID
Forbes - 18 Mar 2014 19:33
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...
Sensex, GDP and EPS: the three don't tango
livemint.com - 18 Mar 2014 19:18
Why isn't there a correlation between local GDP growth, EPS and stock returns?
Urban India to contribute three-fourths of GDP by 2020
livemint.com - 18 Mar 2014 19:15
Urban areas have been driving GDP growth in India, says Barclays research
Food Prices Surge as Drought Exacts a Toll
Wall Street Journal - 18 Mar 2014 18:27
Surging prices for food staples from coffee to meat to vegetables are driving up the cost of groceries in the U.S., pinching consumers and companies that are still grappling with a sluggish economic recovery.
Earnings Expected to Increase for ConAgra Foods
Forbes - 18 Mar 2014 18:00
Wall Street is optimistic about ConAgra Foods, which is slated to report its third quarter results on Thursday, March 20, 2014. Analysts project a profit of 60 cents a share, a rise from 55 cents per share a year ago.The...
General Mills EPS Expectations Down Over Past Month
Forbes - 18 Mar 2014 18:00
Expectations have dropped for General Mills' third quarter results in the month leading up to the company's earnings announcement slated for Wednesday, March 19, 2014. The consensus analyst estimate has dropped from 68 c...
Decline Expected for Cato Corp Earnings
Forbes - 18 Mar 2014 18:00
Cato Corp is expected to report lower fourth-quarter earnings on Thursday, March 20, 2014 with analysts expecting a 52% drop in earnings from a year ago. The consensus estimate is 13 cents per share, down from earnings o...
Forbes Earnings Preview: Nike
Forbes - 18 Mar 2014 18:00
Nike reports its third-quarter earnings on Thursday, March 20, 2014, and the consensus earnings per share estimate is 73 cents per share.The consensus estimate is down from three months ago when it was 79 cents, but is u...
Earnings for Jabil Circuit Expected to Fall
Forbes - 18 Mar 2014 18:00
Analysts expect decreased profit for Jabil Circuit when the company reports its second quarter results on Wednesday, March 19, 2014. Although Jabil Circuit reported profit of 45 cents a year ago, the consensus estimate c...
Buying Tesla Means Paying For Everything You See And Some Things You Can't
Forbes - 18 Mar 2014 17:50
Goldman Sachs thinks the carmaker's shares are worth $200, less than the current market price, but admits they could be worth much more.
S&P 500 Analyst Moves: PPL
Forbes - 18 Mar 2014 17:46
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, PPL (PPL) is now the #239 analyst pick, moving up by 1 spot. This rank is formed b...
CPSE ETF draws Rs850 crore bids from anchor investors on 1st day
livemint.com - 18 Mar 2014 17:45
The new fund offer of the CPSE ETF opens for retail and other investor categories on Wednesday and closes on 21 March
Tuesday's ETF Movers: XBI, GDXJ
Forbes - 18 Mar 2014 17:45
In trading on Tuesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Geron (GERN), up about 9.8% and shares o...