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Market News

Location American Market News for 8 April 2014
U.S. stocks fell on Monday, with the S&P 500 clearing 2014 gains, as Wall Street closed lower for a third straight session. The S&P 500 posted its biggest three-day decline in two months while the Nasdaq Composite record...
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Alcoa beat the Street with its first quarter profit and revenue despite a continued drag from its primary metals unit, which saw a negative $15 million in after tax operating income.
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IMAX Sells Part Of Chinese Operation To State-Backed Fund The movie business is increasingly looking to China for profits, and now the state is poised to cash in.
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The Dip In Tech Stocks Means A Buying Opportunity For Facebook, RetailMeNot, Netflix And Yahoo Momentum stocks like Netflix and Facebook have been sluggish recently -- but according to one analyst, this means it's a perfect time to buy them.
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13 Stock Losers of 2013 Set For A 2014 Rebound Investors were eager to punish stocks that didn't keep up with the bull market of 2013 -- but these stocks, fund managers say, were punished for no good reason and are poised for an upswing in 2014.
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Survey shows equities to be the best asset class in FY15 More than 85% of the participants expect Sensex to rise from its current level, the most bullish view on equities in the past six years of the survey
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High hawala premiums point to increase in gold smuggling Increased demand for dollars from those looking to smuggle gold to India from markets in Africa and South America is driving the premiums
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Investment slowdown bottoming out?

livemint.com - 8 Apr 2014 21:35
Investment slowdown bottoming out? The data suggests that the slowdown in investments, which started in 2008-09, may be coming to an end
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Oil India raises $1 billion through overseas bonds

livemint.com - 8 Apr 2014 21:05
Oil India raises $1 billion through overseas bonds Bond sale draws bids worth $9 billion on strong demand across investor classes, including banks and insurers
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Tuesday Sector Leaders: Utilities, Technology & Communications The best performing sector as of midday Tuesday is the Utilities sector, up 1.3%. Within the sector, NextEra Energy (NYSE: NEE) and Dominion Resources (NYSE: D) are two large stocks leading the way, showing a gain of 2.5...
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Biotech Stocks Look Ready To Rebound

Forbes - 8 Apr 2014 20:22
Biotech Stocks Look Ready To Rebound Looking at this week’s (4/7 and 4/8) action, biotech stocks are showing signs of support. Technical patterns, investor behavior and takeover interest are indicating that current prices offer a buying opportunity. Here ...
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Qualcomm (QCOM) announced a quarterly cash dividend of $0.42 per common share, payable on June 25, 2014, to stockholders of record at the close of business on June 4, 2014. The new dividend rate, originally announced at ...
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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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Most of the revenue growth for Google is expected to come from its mobile search ads division in 2014. The company has close to 90% share in the mobile search industry, and it continues to monetize the smartphone univers...
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We expect the company to report lower year-over-year revenues and profits. This is on account of lower aluminum prices as well as restructuring charges associated with shutdown of smelting capacity. The flat-rolled and e...
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Accelerate Your Payback With Dividend Growth: 10 Attractive Buys Look for stocks with strong dividend growth potential. Here are 10.
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Tuesday's ETF Movers: XME, PIZ

Forbes - 8 Apr 2014 18:50
In trading on Tuesday, the SPDR S&P Metals and Mining ETF (XME) is outperforming other ETFs, up about 2.4% on the day.  Components of that ETF showing particular strength include shares of Alpha Natural Resources (ANR),...
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In trading on Tuesday, defense shares were relative laggards, down on the day by about 0.2%.  Helping drag down the group were shares of Huntington Ingalls Industries (HII), down about 2.7% and shares of Alliant Techsys...
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In trading on Tuesday, metals & mining shares were relative leaders, up on the day by about 2.5%.  Leading the group were shares of Alpha Natural Resources (ANR), up about 9.6% and shares of Walter Energy (WLT) up about...
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NSEL settles `330 crore of `5,500 crore dues in 33 weeks NSEL disbursed `50 lakh against the scheduled payment of `86.02 crore on Monday, defaulting for 33rd straight time
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S&P 500 Analyst Moves: CBG

Forbes - 8 Apr 2014 17:51
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, CBRE Group (CBG) is now the #1 analyst pick, moving up by 1 spot.         This rank is for...
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Dow Analyst Moves: MCD

Forbes - 8 Apr 2014 17:50
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, McDonald's (MCD) is the #16 analyst pick.  Despite being ranked lower than ...
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