Market News
Russia Tightens Squeeze On Ukraine With Gas Price Rise
IBTimes - 1 Apr 2014 16:31
(Reuters) - Russian natural gas producer Gazprom announced a more than 40 percent increase in the price of gas for Ukraine on Tuesday, stepping up economic pressure on Kiev in its crisis in relations with Moscow. Price r...
MCX share sale gets complicated
livemint.com - 1 Apr 2014 17:22
MCX eagerness to rope in new investors via a share sale of its own appears to be driven by a 30 April deadline given by FMC to ensure FTIL's stake in the exchange is brought down to 2%
Pimco Fund Sees March Outflow
Wall Street Journal - 1 Apr 2014 23:40
Investors pulled $3.1 billion out of Pimco's Total Return Fund in March, marking 11 straight monthly net redemptions, according to data released by fund tracker Morningstar Inc.
Daily Dividend Report: TJX, RPM, A, AFG, WSO
Forbes - 1 Apr 2014 20:41
The TJX Companies (TJX) has raised the amount of its quarterly dividend by 21% from the last dividend paid. The Board declared a regular quarterly dividend in the amount of $.175 per share, payable June 5, 2014, to share...
Tuesday's ETF with Unusual Volume: FXU
Forbes - 1 Apr 2014 20:29
The First Trust Utilities AlphaDEX Fund ETF (FXU) is seeing unusually high volume in afternoon trading Tuesday, with over 756,000 shares traded versus three month average volume of about 58,000. Shares of FXU were off ...
Tuesday 4/1 Insider Buying Report: TFM, HERO
Forbes - 1 Apr 2014 20:28
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 ...
Markets End First Quarter Like A Lamb But Kick Off Q2 Like A Lion
Forbes - 1 Apr 2014 20:10
U.S. equities barely finished 2014?s first quarter with gains, but expectations are high for the second quarter, leading some to believe that the bull market party is not over yet.
A Closer Look At Chevron's Angola LNG Project
Forbes - 1 Apr 2014 19:49
Chevron noted in its latest annual SEC filing that the Angola LNG project would be operating at around 50% of its peak capacity till 2015, when it expects to complete the required modifications to fix these technical iss...
Is Pandora's Price Hike Meaningful?
Forbes - 1 Apr 2014 19:46
Overall, it appears that the price hike will have moderate impact this year. Subscriber ARPU (average revenue per user) will definitely go up meaningfully next year as most subscribers migrate to the new pricing structur...
How Are TBS And TNT Network Ratings Trending?
Forbes - 1 Apr 2014 19:40
We estimate that TBS and TNT U.S. contribute more than 20% to Time Warner's stock value. We expect this ratings uptrend to continue, given the networks? continued focus on better content and original programming. Higher ...
Why Daimler's Stock Has Been Cruising Lately
Forbes - 1 Apr 2014 19:37
The general consensus is that the sales momentum will continue into 2014 and that the company is likely to witness further operational improvements. In addition to the Mercedes-Benz brand, the company also sells buses an...
Despite Bubble Talk, Candy Crush Thud, IPO Market Shined In Q1
Forbes - 1 Apr 2014 18:57
Newly-listed stocks soared in a flat first quarter for the broader market, but that doesn't mean a blowup is on the way.
India reduces tariff value of gold, silver
livemint.com - 1 Apr 2014 18:33
Import tariff on gold reduced to $421 per 10 grams, on silver to $644 per kilogram
Tuesday's ETF Movers: BBH, IDU
Forbes - 1 Apr 2014 18:08
In trading on Tuesday, the Biotech ETF (BBH) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Pharmacyclics (PCYC), up about 8.5% and shares of...
Tuesday Sector Laggards: Defense, Water Utilities
Forbes - 1 Apr 2014 18:05
In trading on Tuesday, defense shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of Arotech (ARTX), off about 9.5% and shares of Alliant Techsystems (ATK) down about ...
Tuesday Sector Leaders: General Contractors & Builders, Computer Peripherals
Forbes - 1 Apr 2014 18:04
In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 2.2%. Leading the group were shares of M/I Homes (MHO), up about 5% and shares of Beazer Homes USA (BZH) up abo...
UPL signals change in strategy, sells Brazil JV stake for `351 crore
livemint.com - 1 Apr 2014 18:00
UPL's exit from Brazilian JV will have limited impact on the company's earnings
S&P 500 Analyst Moves: VRTX
Forbes - 1 Apr 2014 17:49
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Vertex Pharmaceuticals (VRTX) is now the #71 analyst pick, moving up by 2 spots. T...
Dow Analyst Moves: HD
Forbes - 1 Apr 2014 17:48
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Home Depot (HD) is the #10 analyst pick. Home Depot Inc also comes in abov...
RBI allows foreign investors to hedge currency risk in India
livemint.com - 1 Apr 2014 17:41Regional Bankers Are No Fools
Forbes - 1 Apr 2014 17:22
It was an impressive way to end the quarter as the market internals were strong for the second day in a row. The strong A/D readings last Friday indicated bullish action on Monday with the Dow Transports and small caps l...
Manufacturing new orders supported by external demand
livemint.com - 1 Apr 2014 17:00
Strong external demand, particularly for consumer goods, buoyed the export orders index, primarily because of currency competitiveness