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Market News

Location American Market News for 25 April 2014

Alibaba Puts IPO Record in Sight

Wall Street Journal - 25 Apr 2014 05:09
Alibaba and its bankers are discussing adding new shares to the company's IPO, a move that would allow the e-commerce giant to raise funds for itself and could push the size of the deal to a record.
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Commodity Markets Take Brighter View of China

Wall Street Journal - 25 Apr 2014 05:23
Global commodity investors are turning more positive toward China as the country continues to import massive amounts of resources like iron ore, copper and soybeans even as economic growth slows.
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Buyout Firms to Let More Invest

Wall Street Journal - 25 Apr 2014 22:37
Private-equity firm KKR is weighing a plan that would let investors buy and sell stakes in its funds, a new way to trade pieces of these exclusive vehicles.
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Is Housing Ringing The Stock Market's Bell Again? Investors need to watch home-builder stocks!
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Weekly Market Wrap: April 25, 2014

Forbes - 25 Apr 2014 20:31
The seventeenth trading week of 2014 comes to a close with US Markets significantly lower in mid-afternoon trading.
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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 dollars to ...
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In our view, though these restructuring charges impacted the company's first quarter earnings, they will be beneficial over the long term, as they will help expand the company's operating margins making it more competiti...
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Freeport gave lower sales forecasts for 2014 for copper and gold as compared to its previous guidance in view of the unresolved Indonesian situation. It sounded optimistic on the possibility of a resumption on exports fr...
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Market Punishes Earnings Misses

Forbes - 25 Apr 2014 19:43
Market Punishes Earnings Misses It was one of those somewhat-rare days that the Dow Industrials closed unchanged for the day. The Dow Transportation Average was down 0.42% while the Nasdaq 100 gained just under 1% for the day. This, of course, was due ...
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The company's earnings were driven by strong sales to rooftop solar installations in the United States and Japan, project orders in the EMEA (Europe, Middle East and Africa) region and smooth execution on the company's u...
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Despite the fact that Twitter did exceedingly well in terms of improving its monetization, the decline in user engagement and a slowdown in new user additions has disappointed the investor community. Taking cues from com...
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Celanese Corporation (CE) announced that its board of directors has approved a 39 percent increase in the company's quarterly common stock cash dividend. The dividend rate increased from $0.18 to $0.25 per share of commo...
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Friday's ETF with Unusual Volume: PRN

Forbes - 25 Apr 2014 18:42
The PowerShares DWA Industrials Momentum Portfolio ETF (PRN) is seeing unusually high volume in afternoon trading Friday, with over 152,000 shares traded versus three month average volume of about 56,000.  Shares of PRN...
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In trading on Friday, hospital & medical practitioners shares were relative leaders, up on the day by about 1%.  Leading the group were shares of Tenet Healthcare Corporation (THC), up about 7.3% and shares of Universal...
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Friday's ETF Movers: GDXJ, FDN

Forbes - 25 Apr 2014 18:36
In trading on Friday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 1.4% on the day.  Components of that ETF showing particular strength include shares of Perseus Mining (PRU.CA), up about 5.6%...
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U.K. Blocks RBS Pay Plan

Wall Street Journal - 25 Apr 2014 18:11
A clash between branches of the U.K. government over bonuses at Royal Bank of Scotland forced the lender to redraw its pay plans, according to people familiar with the matter.
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S&P 500 Analyst Moves: CCI

Forbes - 25 Apr 2014 17:49
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Crown Castle International (CCI) is now the #78 analyst pick, moving up by 2 spots.       �...
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Dow Analyst Moves: DD

Forbes - 25 Apr 2014 17:48
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, DuPont (DD) is the #27 analyst pick.  Within the broader S&P 500, when comp...
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Wall Street is optimistic about Bristol-Myers Squibb, which is slated to report its first quarter results on Tuesday, April 29, 2014. Analysts project a profit of 44 cents a share, a rise from 41 cents per share a year a...
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Forbes Earnings Preview: Express Scripts

Forbes - 25 Apr 2014 17:00
Express Scripts reports its first-quarter earnings on Tuesday, April 29, 2014, and the consensus earnings per share estimate is $1.01 per share.Over the past three months, the consensus estimate has sagged from $1.11. Fo...
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Coach Earnings Expected to Dip

Forbes - 25 Apr 2014 17:00
Wall Street is expecting lower profit for Coach when the company reports its third quarter results on Tuesday, April 29, 2014. Analysts are expecting earnings per share of 63 cents after the company booked a profit of 84...
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Analysts have become increasingly bearish on DreamWorks Animation in the month leading up to the company's first-quarter earnings announcement scheduled for Tuesday, April 29, 2014. The consensus analyst estimate has mov...
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