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Market News

Location American Market News for 26 March 2014

Why I Still Wouldn't Buy Apple

Forbes - 26 Mar 2014 23:48
Five reasons not why Apple isn't a buy.
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Apple Alumni: Where Are They Now?

Forbes - 26 Mar 2014 23:48
Apple Alumni: Where Are They Now? A look at some notable Apple hires and what they're doing today.
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BofA, Ex-CEO Lewis to Settle Last Major Suit Over Merrill Deal

Wall Street Journal - 26 Mar 2014 23:45
Bank of America and its former chief executive, Kenneth Lewis, have agreed to pay $25 million to settle the last major lawsuit alleging they misled investors about Merrill Lynch's financial condition during the height of...
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Five S&P 500 Stocks With Rising Short Activity The most recent short interest data has just been released by the NASDAQ for the 03/14/2014 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
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Five Dow Stocks With Rising Short Activity

Forbes - 26 Mar 2014 21:10
Five Dow Stocks With Rising Short Activity The most recent short interest data has just been released by the NASDAQ for the 03/14/2014 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five Dow Jones Indus...
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Himax will certainly benefit in terms of revenues from the developments at Facebook and Google, but the increase in revenues will not result in proportionate increase in earnings. Here is a case where the company will gr...
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(Kitco News) - Gold prices ended the U.S. day session moderately down and fell to a six-week low Wednesday, on more technical selling pressure and amid a dearth of fresh, bullish fundamental news for the yellow metal. T...
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(Kitco News) - Following Tuesday’s news that the Central Bank of Iraq purchased $1.56 billion of gold in March, many were left wondering why gold was not moving upwards.
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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.
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Changes in the Fed's policies will have a direct impact on insurance companies, such as The Travelers Companies, which invest primarily in fixed maturity securities such as government and corporate bonds. More than 85% o...
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Should Netflix Be Worried About Apple?

Forbes - 26 Mar 2014 19:43
Not only does Apple have the capability to attract a large customer base, its entry will also push content prices up. Also, if its streaming standards surpass those of Netflix, the latter will face some serious challenge...
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Despite continued headwinds from slower generic introduction and severe weather conditions, Walgreen reported a 5.1% year-over-year growth in its Q2 2014 earnings, primarily driven by a 4.3% increase in comparable store ...
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Daily Dividend Report: DRH, FCX, NI

Forbes - 26 Mar 2014 19:41
DiamondRock Hospitality Company (DRH) announced its quarterly dividend to stockholders of record as of March 31, 2014 will be paid on April 10, 2014. The quarterly dividend of $0.1025 per share reflects an increase of ap...
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Scandal-Hit U.K. Banks Turn to 'Weirdy Beardy'

Wall Street Journal - 26 Mar 2014 19:17
Roger Steare has been hired by several U.K. banks looking to overhaul their corporate culture and restore their tarnished reputations.
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Wednesday's ETF with Unusual Volume: KIE

Forbes - 26 Mar 2014 19:11
The SPDR S&P Insurance ETF (KIE) is seeing unusually high volume in afternoon trading Wednesday, with over 620,000 shares traded versus three month average volume of about 167,000.  Shares of KIE were trading flat on th...
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Wednesday's ETF Movers: VPL, GDXJ

Forbes - 26 Mar 2014 19:10
In trading on Wednesday, the Vanguard FTSE Pacific ETF (VPL) is outperforming other ETFs, up about 1.1% on the day.  Components of that ETF showing particular strength include shares of OMRON (OMRNY), up about 8.7% and ...
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In trading on Wednesday, precious metals shares were relative laggards, down on the day by about 2.3%.  Helping drag down the group were shares of Alexco Resource (AXU), off about 11.4% and shares of North American Pall...
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In trading on Wednesday, hospital & medical practitioners shares were relative leaders, up on the day by about 1.5%.  Leading the group were shares of Tenet Healthcare (THC), up about 6.6% and shares of Community Health...
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SEC Set to Alter Stance on Money Funds

Wall Street Journal - 26 Mar 2014 18:24
U.S. securities regulators are preparing to exempt a majority of money-market mutual funds from a central plank of rules intended to curb risks in the $2.6 trillion market.
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German gold held by the U.S. Federal Reserve in New York and in Paris is slowly but surely returning home, said a German central bank official in a Tuesday update in New York. Germany's gold repatriation program, whereby...
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More Shareholders Challenge Mergers -- But Lose

Wall Street Journal - 26 Mar 2014 18:06
Corporate mergers are often fraught with uncertainty. But two things are virtual locks: Shareholders will sue, and eventually they will settle without significant changes to the transaction.
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Candy Crush Parent King Tanking In Market Debut If Candy Crush parent King Digital was hoping for a Twitter-sized pop on its first day as a publicly traded company, its hopes have been dashed, as the stock opened on Wednesday a full $2 lower than its $22.50 per-share ...
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