Market News
Gas Prices Rise as U.S. Exports More
Wall Street Journal - 22 Apr 2014 05:37
Drivers in the U.S. are facing rising gasoline prices ahead of summer-vacation season, just as refiners here are shipping more gas to other countries.
Japan's Amari Sees Distance To Japan-US Agreement On Trans-Pacific Partnership
IBTimes - 22 Apr 2014 05:31
Japanese Economics Minister Akira Amari said Tuesday that he sees significant distance toward a broad agreement on trade with the U.S., something that is seen as vital to a wider regional pact, Reuters reported.
Efficient Market? Baloney, Says Famed Value And Momentum Strategist Cliff Asness
Forbes - 22 Apr 2014 19:15
AQR Capital's Chief Investment Officer describes his unique quant strategy.
Iraq Oil Output Exceeds Hussein Era
Wall Street Journal - 22 Apr 2014 03:10
The problem for Iraq now: How to export its plentiful oil amid bureaucracy, corruption and violent attacks.
AT&T Edges Above Q1 Earnings Expectations And Raises Outlook As It Ventures Into Online Streaming Market
Forbes - 22 Apr 2014 23:00
AT&T kicked off 2014 with a bang, revealing Tuesday afternoon that not only was the first fiscal quarter of the year its best first-quarter subscriber growth in five years, but that its revenue and profit results edged a...
Can Valeant Work Its Magic On Allergan, Or Is Pearson Biting Off More Than He Can Chew?
Forbes - 22 Apr 2014 22:06
The pharma roll-up has found great success buying businesses and slashing costs, but the size of its latest target raises concerns CEO MIchael Pearson may be biting off more than he can chew.
Exploit This Goldilocks U.S. Stock Market
Forbes - 22 Apr 2014 21:47
Neither hot nor cold, the economy, housing and the stock market have the "just right" warmth to continue growing for years to come.
Sebi, RBI ready for market shocks on day of election results
livemint.com - 22 Apr 2014 21:31Facebook (FB) Q1 2014 Earnings Preview: Profits Continue To Grow From Mobile Advertising
IBTimes - 22 Apr 2014 21:31
Facebook Inc.'s (NASDAQ: FB) recent multibillion-dollar acquisitions may have spooked investors and triggered a stock market slide, but they're not likely to impact the social media giant's ability to make money in the f...
RBI for two-stage verification for online transactions
livemint.com - 22 Apr 2014 20:54Daily Dividend Report: MET, SPG, SO, NBL, SYK
Forbes - 22 Apr 2014 20:53
MetLife (MET) increased their second quarter 2014 dividend by 27 Percent. The company declared a second quarter 2014 common stock dividend of $0.35 per share, an increase from the prior quarterly common stock dividend ...
Tuesday Sector Laggards: Defense, Metals & Mining Stocks
Forbes - 22 Apr 2014 20:26
In trading on Tuesday, defense shares were relative laggards, down on the day by about 1.6%. Helping drag down the group were shares of Arotech (ARTX), off about 15.7% and shares of Lockheed Martin (LMT) down about 1.6% ...
Tuesday Sector Leaders: Drugs, Biotechnology Stocks
Forbes - 22 Apr 2014 20:25
In trading on Tuesday, drugs shares were relative leaders, up on the day by about 4.1%. Leading the group were shares of Revance Therapeutics (RVNC), up about 20.6% and shares of Xenoport (XNPT) up about 19.5% on the day...
Tuesday's ETF Movers: XBI, ILF
Forbes - 22 Apr 2014 20:23
In trading on Tuesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 4.7% on the day. Components of that ETF showing particular strength include shares of Intercept Pharmaceuticals (ICPT), up abo...
Dow Analyst Moves: MSFT
Forbes - 22 Apr 2014 20:10
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Microsoft Corporation (MSFT) is the #25 analyst pick. Within the broader S...
Motorola Solutions Faces Top-Line Concerns In Q1; Margins Key
Forbes - 22 Apr 2014 19:49
To deal with the uncertain macro environment, Motorola is looking to improve margins by reducing costs and driving efficiency through operations. Last year, the company saw its operating margins increase by 30 basis poin...
Exchange Rates Will Act As Headwinds As P&G Expands Into Emerging Markets
Forbes - 22 Apr 2014 19:46
The company's management is confident about turning around the segment through organic growth. P&G believes that working on brand architecture, packaging and ensuring that its products reach consumers in different age gr...
Goldman Reports Strong Q1 Figures Despite Lower Trading Revenues
Forbes - 22 Apr 2014 19:43
Although the $9.3 billion Goldman roped in this quarter was a good 8% below the $10.9 billion figure it reported over the same period last year, it must be remembered that the prior-period results almost completely hinge...
Cost Cuts Could Lift Caterpillar's Earnings Despite Mining Weakness
Forbes - 22 Apr 2014 19:40
We figure in the first quarter, CAT's top line could decline slightly due to mining sector weakness offsetting growth from construction and power system segments. However, we figure the company's first quarter profits wi...
Amazon Earnings Preview: We Expect Strong Growth And Better Margins
Forbes - 22 Apr 2014 19:37
We expect revenue growth in Q1 2014 to be close to 20%, accompanied by margin expansion. The growth in the company's international business was relatively weak in the fourth quarter of 2013 and it will be interesting to ...
Why Investors Should Avoid Momentum Stocks
Forbes - 22 Apr 2014 19:11
The rally continued on Monday, and though the market internals were not quite as strong, the McClellan Oscillator rose further to +81, but it is still below the early April high at +88. The Dow Transportation Average onc...
TML Singapore mandates 4 banks to raise $300 million in overseas borrowings
livemint.com - 22 Apr 2014 19:03
Proceeds of the loan to be used to reduce debt at Tata Motors