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Market News

Location American Market News for 2 April 2014

Product crack: Edelweiss Tokio Life Wealth Builder

livemint.com - 2 Apr 2014 15:10
Product crack: Edelweiss Tokio Life Wealth Builder A non-participating plan that guarantees investment benefit
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Italy is a country known for its cuisine, which is studied, admired and imitated worldwide. When dozens of international state representatives gathered in Rome last week, it was to talk about food, but also Islamic law.
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Agricultural giant Monsanto Corp. (NYSE:MON) outpaced Wall Street's expectations for the second straight quarter, prompting the St. Louis company and independent analysts to predict that growth will continue through Aug....
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Glaxo and Unilever Take Note: How General Electric and Coca-Cola Are Winning In Africa Once more, a major business figure is predicting an African century. This time the continent's optimist is Sir Andrew Witty, chief executive of drugs group Glaxo SmithKline. His company is to plough £130m over five year...
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Implied volatility fell off a cliff in options on MannKind (MNKD) Wednesday after the company said a U.S. Food and Drug Administration advisory committee recommended approval of its inhaled therapy for diabetes. Option v...
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Tallgrass Energy Partners (TEP) will pay a distribution of $0.3250 per common unit for the first quarter of 2014 on Wednesday, May 14, 2014 to unitholders of record as of the close of business on Wednesday, April 30, 201...
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The beverage giant is now looking to further increase advertising and media investments, despite already being one of the most recognizable brands in the world. Coca-Cola aims to draw this incremental fund by maximizing ...
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In our view, this reorganization will enable Sikorsky to better serve its customers, particularly those from international military and commercial segments. In turn, this will likely aid growth in its results.
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While Wal-Mart‘s domestic business has struggled over the last one year, its international business hasn’t done well either. Driven by weakness in Mexico, Brazil and China, Wal-Mart's international revenues grew by a...
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Wednesday's ETF with Unusual Volume: PKB

Forbes - 2 Apr 2014 19:16
The PowerShares Dynamic Building & Construction Portfolio ETF (PKB) is seeing unusually high volume in afternoon trading Wednesday, with over 243,000 shares traded versus three month average volume of about 47,000.  Sha...
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Wednesday's ETF Movers: GDXJ, XBI

Forbes - 2 Apr 2014 19:14
In trading on Wednesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 4.8% on the day. Components of that ETF showing particular strength include shares of Great Panther Silver (GPL), up about ...
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In trading on Wednesday, education & training services shares were relative laggards, down on the day by about 2.2%.  Helping drag down the group were shares of Apollo Education Group (APOL), down about 8.7% and shares ...
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In trading on Wednesday, precious metals shares were relative leaders, up on the day by about 2.8%.  Leading the group were shares of Solitario Exploration & Royalty (XPL), up about 10.7% and shares of Great Panther Sil...
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S&P 500 Analyst Moves: MHK

Forbes - 2 Apr 2014 18:03
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Mohawk Industries (MHK) is now the #54 analyst pick, moving up by 4 spots.         This ra...
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Dow Analyst Moves: CSCO

Forbes - 2 Apr 2014 18:02
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Cisco Systems (CSCO) is the #9 analyst pick.  Cisco Systems also comes in a...
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The 10 Most Overbought Dow Stocks

Forbes - 2 Apr 2014 16:47
The 10 Most Overbought Dow Stocks Tuesday's new closing high in the S&P 500 completes the 16-day trading range and gives upside targets in the 1924-1930 area. The market was led by the Nasdaq Composite and Nasdaq 1000, which were up 1.64% and 1.74% respe...
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Treasuries fall, S&P 500 little changed on jobs data; gold rises The yield on 10-year treasuries increased 4 bps to 2.79%; S&P 500 dropped less than 0.1%
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Earnings Expected to Increase for CarMax

Forbes - 2 Apr 2014 16:00
Wall Street is high on CarMax, expecting it to report earnings that are up 15% from a year ago when it reports its fourth-quarter earnings on Friday, April 4, 2014. The consensus estimate is 53 cents per share, up from e...
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ATF price cut: a small breather for SpiceJet

livemint.com - 2 Apr 2014 15:50
ATF price cut: a small breather for SpiceJet The 4% cut in jet fuel charges is good news for SpiceJet
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Tollowing a tiff with T-Mobile over an ad featuring Apple's iPhone, BlackBerry has said that it will not renew the contract that allows T-Mobile to carry BlackBerry devices in its stores.
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Following three days of mostly upward movement on the bourses, stocks look set to reach up further while data on payrolls and factory orders should hold investors' attention, which will also be trained on comments from F...
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(Reuters) - Russia has massed all the forces it needs on Ukraine's border if it were to decide to carry out an "incursion" into the country and it could achieve its objective in three to five days, NATO's top military co...
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