Market News
Trading Winds Blow Cold for Some Hot Stocks
Wall Street Journal - 25 Mar 2014 06:29
What goes up must come down, a lesson investors in some of the fastest-climbing U.S. stocks are learning the hard way.
Gold Touches Five-Week Low But The Gold Bugs Say It's Still The Best Hedge Against Emerging Market Volatility
Forbes - 25 Mar 2014 23:44
Gold stumbled to its lowest levels in over a month on Tuesday on better-than-expected economic news -- but the goldbugs insist that the commodity will remain one of the best hedges against volatility abroad throughout th...
The Evolution Of Facebook
Forbes - 25 Mar 2014 23:43
How has Facebook changed since 2004? Here's a look at some of the site's most notable redesigns and features.
IRS Says Bitcoin Is Property, Not Currency
Wall Street Journal - 25 Mar 2014 23:12
The Internal Revenue Service said that it will treat bitcoin and other virtual currencies like property, and not currency, giving a potential boost to investors but imposing extensive record-keeping rules-and significant...
Has King Found an Heir to 'Candy Crush'?
Wall Street Journal - 25 Mar 2014 23:10
With the IPO of videogame maker King Digital Entertainment set to price late Tuesday, the central question facing investors is whether the company can pull off another hit like "Candy Crush."
Corporate firms leave bond market to PSUs, finance firms
livemint.com - 25 Mar 2014 20:35
PSUs continue to be active borrowers via long-term debt sales, finance firms via short-term paper sales
Daily Dividend Report: AXP, HRL, ERF, PMT, WERN
Forbes - 25 Mar 2014 20:20
American Express (AXP) declared a regular quarterly dividend of $0.23 per common share, payable on May 9, 2014 to shareholders of record on April 4, 2014.
Google Glass Ray-Bans? Partnership With Luxottica Makes Founder Del Vecchio $700M Richer
Forbes - 25 Mar 2014 19:49
Google and Luxottica, the world's largest sunglass maker, annoucned a deal to design and market fashionable Google Glass devices, making the Italian firm's founder $700 million richer in one day.
Tuesday's ETF with Unusual Volume: MORT
Forbes - 25 Mar 2014 19:45
The Mortgage REIT Income ETF (MORT) is seeing unusually high volume in afternoon trading Tuesday, with over 139,000 shares traded versus three month average volume of about 39,000. Shares of MORT were down about 0.3% o...
A Better Defense Spending Environment In 2014 Will Help Lockheed's Results
Forbes - 25 Mar 2014 19:43
Spending targets have come in effect that allow government agencies such as the Department of Defense (DoD) to discretely allocate funds to priority areas. We figure this move will help Lockheed's results as it is presen...
Nike Earnings: High Growth in North America and Europe Drives Nike's 13% Revenue Growth
Forbes - 25 Mar 2014 19:42
The company's strong performance in Q3 2014 was underscored by high growth in North America and Europe. High demand in running, basketball and football categories continue to fuel the growth momentum for Nike. Chinese sa...
Paychex's Earnings To Benefit From Improving Employment Scenario, However Margins May Decline
Forbes - 25 Mar 2014 19:41
In December 2013 and February 2014, the unemployment rate was 6.7% and in January 2014 it was 6.6%. Additionally, the participation rate improved slightly since December 2013, indicating a renewed confidence in the worki...
Tuesday 3/25 Insider Buying Report: NHF, MRC
Forbes - 25 Mar 2014 19:40
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.
US Consumer Confidence Jumps In March To 82.3
IBTimes - 25 Mar 2014 19:21
The Conference Board's Consumer Confidence Index, jumped in March to 82.3, up from 78.3 in February, the board announced Tuesday. Economists surveryed by Bloomberg News had expected the March index to rise to 78.4 Meanwh...
US New-Homes Sales Rose In February [CORRECTION]
IBTimes - 25 Mar 2014 19:21
A previous version of this story incorrectly reported that the median new home price rose in March, not in February. New home sales in the U.S. totaled 440,000 units, compared to a Wall Street estimate of 445,000. The nu...
Coffee Spread Dampens Arabica Bean Demand, As Asian Robusta Heats Up: BNP Paribas
IBTimes - 25 Mar 2014 19:21
Wide price spreads for two types of coffee beans traded in New York and London dampen demand for the world's most popular coffee bean, Latin America's Arabica, just as demand for Asian Robusta rises. "If you had a little...
Rupee rallies on hope
livemint.com - 25 Mar 2014 18:56
Rupee has hit an eight-month high, the largest gainer in this period among high current account deficit emerging markets
Tuesday's ETF Movers: GDXJ, XBI
Forbes - 25 Mar 2014 18:46
In trading on Tuesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of Golden Star Resources (GSS), up about...
Tuesday Sector Laggards: Apparel Stores, Textiles
Forbes - 25 Mar 2014 18:36
In trading on Tuesday, apparel stores shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of Wet Seal (WTSL), down about 7.9% and shares of Aeropostale (ARO) off about ...
Tuesday Sector Leaders: Defense, Construction Materials & Machinery Stocks
Forbes - 25 Mar 2014 18:35
In trading on Tuesday, defense shares were relative leaders, up on the day by about 2.1%. Leading the group were shares of Arotech (ARTX), up about 12.1% and shares of Alliant Techsystems (ATK) up about 1.2% on the day...
S&P 500 Analyst Moves: ACT
Forbes - 25 Mar 2014 18:15
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Actavis (ACT) is now the #9 analyst pick, moving up by 1 spot. This rank is formed...
Dow Analyst Moves: KO
Forbes - 25 Mar 2014 18:14
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Coca-Cola (KO) is the #11 analyst pick. Coca-Cola also comes in above the ...