Market News
How a High-Frequency Trader Guarded Its Algorithms
Wall Street Journal - 3 Apr 2014 06:01
The founders of new high-frequency-trading concern SXP planned to give profits to charity but instead stand accused of stealing algorithms from Quantlab, the powerful firm that fired two of them.
Snog, Marry, Avoid: a new stock-picking technique?
Telegraph - 3 Apr 2014 08:00
City analysts adapt student drinking game to analyse the new rash of IPOs
Asian stocks at four-month high on US data
livemint.com - 3 Apr 2014 05:20
The yen languished at 10-week lows as equity markets rose, denting safe-haven demand for the currency
Markets give UPA slightly below average grade
livemint.com - 3 Apr 2014 21:47
Market returns of 11% per year from India are not to be sneezed at, but many emerging markets have done better
Google Stock Split: Shares Of 'GOOG' And 'GOOGL' Both Up During First Day Of Trading
IBTimes - 3 Apr 2014 21:31
Following a Wednesday two-for-one split, Google stock began trading under two different NASDAQ tickers Thursday. The older ticket, "GOOG," now refers to Class C shares of Google, while the Class A stock traders under "GO...
Expansion is best served in domestic markets for Indian, Chinese retailers
livemint.com - 3 Apr 2014 21:30
Associate principal of China Market Research Group on how global firms can be successful in India
Daily Dividend Report: PNC, DLPH, CAG, KBH
Forbes - 3 Apr 2014 20:58
The PNC Financial Services Group (PNC) declared a quarterly cash dividend on the common stock of 48 cents per share, an increase of 4 cents per share, or 9 percent, from the first quarter dividend of 44 cents per share. ...
IPO frenzy is leaving some firms vulnerable
Telegraph - 3 Apr 2014 20:26
Companies that fail to drum up investor support swiftly become takeover targets
BlackBerry Gets Surprisingly Hot Early Sales With BBM Stickers
Forbes - 3 Apr 2014 20:10
Just two days after BBM Stickers launch, BBM has rocketed up the iPhone sales charts in key Asian and African markets. Could BBM be turning into a real revenue generator?
State Street Rewards Investors With $2.2 Billion Capital Plan
Forbes - 3 Apr 2014 19:45
Assuming State Street's board approves the dividend hike starting Q2 2014, the bank will pay shareholders $0.30 per share for three quarters this year - implying dividends of $1.16 per share for the year 2014.
This Preet Bharara Speech Should Scare All Big Banks, Especially Citi
Forbes - 3 Apr 2014 19:41
So, you think the world is going to end if a big bank is prosecuted? Preet Bharara isn't buying it.
Why Jaguar Sales Could Balloon By The End Of The Decade (Part 2)
Forbes - 3 Apr 2014 19:40
After witnessing seven consecutive years of decline, Jaguar's retail sales increased by 6% in 2012 and by 42% in 2013 to reach 76,701 units. Due to Tata's aggressive international plans, capacity augmentation, new model ...
Thursday 4/3 Insider Buying Report: PBSK, BCRH
Forbes - 3 Apr 2014 19:36
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.
Thursday's ETF with Unusual Volume: PBD
Forbes - 3 Apr 2014 19:02
The PowerShares Global Clean Energy Portfolio ETF (PBD) is seeing unusually high volume in afternoon trading Thursday, with over 388,000 shares traded versus three month average volume of about 50,000. Shares of PBD were...
Diversifying Your Portfolio Globally
Forbes - 3 Apr 2014 19:01
The better than expected news on the economy and hopeful jobs numbers pushed the S&P 500 to another record close. Though the Dow Industrials had its highest close of 2014, it is still 0.1% below its all-time high. The an...
Investors Clamor for Risky Debt Offerings
Wall Street Journal - 3 Apr 2014 18:52
Investors are snapping up low-rated securities backed by companies, home mortgages and car loans at a clip rarely seen since the financial crisis, as fund managers and others tire of paltry yields on safer assets.
China slowdown adds to emerging market growth hurdles: IMF
livemint.com - 3 Apr 2014 18:43
US Fed's taper also shows that emerging markets will suffer if foreign capital is harder to obtain, says IMF's World Economic Policy report
Stein To Step Down From Depleted Fed Board On May 28
IBTimes - 3 Apr 2014 18:31
(Reuters) - Federal Reserve Governor Jeremy Stein, who has played a leading role in elevating the topic of financial stability in the U.S. central bank's monetary policy deliberations, will step down on May 28 to return ...
US Stock Futures Point To Another Higher Opening; Data On Trade, Jobless Claims To Be Watched
IBTimes - 3 Apr 2014 18:31
Stock futures point to yet another strong run up the charts following Wednesday's strong payroll data, but investors will train their focus on trade and jobless claims numbers due out during the day, as well as Friday's ...
JPMorgan To Process Payment For Russian Embassy, Easing Tension
IBTimes - 3 Apr 2014 18:31
(Reuters) - JP Morgan Chase & Co. is processing a payment from Russia's embassy in Kazakhstan to insurance agency Sogaz, easing tension after Moscow accused the U.S. bank of illegally blocking the transaction under the p...
S&P 500 Analyst Moves: CRM
Forbes - 3 Apr 2014 17:47
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Salesforce.com (CRM) is now the #38 analyst pick, moving up by 4 spots. This rank ...
Dow Analyst Moves: JNJ
Forbes - 3 Apr 2014 17:46
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Johnson & Johnson (JNJ) is the #14 analyst pick. Johnson & Johnson also co...