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Market News

Location American Market News for 4 April 2014
Momentum stocks like Netflix, Facebook and Priceline lost steam on Friday, and coupled with disappointing jobs numbers, led the U.S. equity markets to close the week with a thud.
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Juniper Begins Restructuring, Aims To Save $160 Million In Operating Expenses We believe that much of the attraction for long-term shareholders isn?t so much the return of capital in the near term, as the reorganization that Juniper is undertaking to reduce expenses and grow more focused. Repurcha...
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Teens And 20-Somethings Love Apple, Sony And Nike But Should Investors? Branding firm Moosylvania asked 1,000 people age 13 to 33 to name their three favorite brands. Of the 620 brands mentioned 62 came up five or more times. Apple was by far the most popular response, claiming 7.5% of the 3...
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Friday Sector Leaders: Utilities, Energy

Forbes - 4 Apr 2014 22:14
Friday Sector Leaders: Utilities, Energy In afternoon trading on Friday, Utilities stocks are the best performing sector, higher by 0.6%. Within that group, NRG Energy (NYSE: NRG) and Exelon (NYSE: EXC) are two of the day's stand-outs, showing a gain of 2.2% ...
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Treasuries rally on jobs report while Nasdaq Composite tumbles Nasdaq Composite tumbles 2.7% as technology shares slump; S&P 500 Index falls 1.3% to 1,865.10
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Hamilton fastest in Bahrain practice

CNN - 4 Apr 2014 20:59
Briton and Nico Rosberg pick up where they left off in Malaysia completing another one-two for Mercedes in Friday's practice session ahead of Sunday's Bahrain Grand Prix.
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Janet Yellen was sworn in as Federal Reserve chair on Feb. 3, 2014. On March 18 and 19, she led her first Federal Open Market Committee (FOMC) meeting. The meetings are about changes in Fed policy, based on the latest ec...
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The much-anticipated initial public offering of Chinese Internet giant Alibaba Group could be a double-edged sword for the company: Investors are drooling for a piece of the action in that country's burgeoning online pay...
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GrubHub Inc., the company behind popular food delivery websites and apps like Seamless and GrubHub, made its initial public offering Friday, hitting the New York Stock exchange under the ticker "GRUB." The stock opened a...
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Weekly Market Wrap: April 4, 2014

Forbes - 4 Apr 2014 19:53
The fourteenth trading week of 2014 comes to a close with US Markets lower in early afternoon trading.  Big names such as Amazon.com, Google, and Tesla are contributing to the Nasdaq's now 2.25% drop on the day.
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Don't Call It A Comeback Or Emerging Markets Might Knock You Out Hear ye, hear ye! Emerging market assets have recovered! The MSCI EM Index, a free float weighted equity index of emerging markets equities is almost unchanged year to date. Similarly, EM bonds have recovered with the iS...
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The Marcellus is Chesapeake's single largest hydrocarbon play, contributing around 147,000 barrels of oil equivalent per day (mboe/d) of the company's total production (oil and gas) during Q4 2013.
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Based on our estimates that the bank will report a net income of $3.8 billion this year, the proposed plan represents a payout ratio between 45-50% for this year.
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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 cash to mak...
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Daily Dividend Report: MSM, VVC, PBA, PIR

Forbes - 4 Apr 2014 19:32
MSC Industrial Direct (MSM) has declared a cash dividend of $0.33 per share. The $0.33 dividend is payable on April 22, 2014 to shareholders of record at the close of business on April 8, 2014.
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Friday's ETF with Unusual Volume: SPHD

Forbes - 4 Apr 2014 19:22
The PowerShares S&P 500 High Dividend Portfolio ETF (SPHD) is seeing unusually high volume in afternoon trading Friday, with over 344,000 shares traded versus three month average volume of about 25,000.  Shares of SPHD ...
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RBI shifts to consumer price inflation for valuing rupee The switch to CPI means the rupee was overvalued by around 4% in March, based on what the RBI said was a REER of 104.20
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S&P 500 Analyst Moves: FLR

Forbes - 4 Apr 2014 17:55
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Fluor (FLR) is now the #19 analyst pick, moving up by 1 spot.
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Dow Analyst Moves: TRV

Forbes - 4 Apr 2014 17:53
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Travelers Companies (TRV) is the #19 analyst pick.  Within the broader S&P ...
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Unemployment Rate Remains Unchanged

IBTimes - 4 Apr 2014 17:31
(Reuters) - U.S. employers maintained a solid pace of hiring for a second straight month in March, providing further evidence the economy was shifting into higher gear after being held back by a brutally cold winter. Non...
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If a tree falls in the forest and no one is around, does it make a sound? That fun thought experiment, one you likely heard as a kid, actually has a corollary in investing: The more you "know" about investing, the more l...
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XLF, EDZ: Big ETF Outflows

Forbes - 4 Apr 2014 16:51
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Financial Select Sector SPDR Fund (XLF), where 22,800,000 units were destroyed, o...
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