Market News
Alibaba Founder Takes Center Stage
Wall Street Journal - 5 May 2014 05:51
Meet Jack Ma, the charismatic leader of the Chinese e-commerce giant that looms over eBay and Amazon, who is sometimes described as Alibaba's spiritual leader.
Russian Companies Strengthen Financial Ties With China As Western Sanctions Over Ukraine Crisis Intensify
IBTimes - 5 May 2014 23:31
The latest U.S. and EU sanctions against Russia may have American and European companies fearing for their business there, but Chinese firms see an opportunity. The Ukraine crisis seems to be pushing the Kremlin into clo...
Buffett Displays His Nuanced Side
Wall Street Journal - 5 May 2014 05:44
Warren Buffett is widely celebrated for his plain-spoken, straight-shooting manner, but the chairman of Berkshire Hathaway Inc. showed on Saturday before thousands of shareholders that he sometimes values degrees of nuan...
Apple's Stock Ready for Launch Sequence
Wall Street Journal - 5 May 2014 23:17
Apple's shares have seen significant gains ahead of previous iPhone launches. Investors may still be able to jump on this product cycle.
AIG: Bailout In Brief
Forbes - 5 May 2014 22:56
With the AIG board mulling whether to join a shareholder lawsuit against the U.S. government, a look back at how we got here.
Is AIG's Cheap Stock More Compelling Than Its Drop In Profit?
Forbes - 5 May 2014 22:56
Earnings fall on tough P&C comps, but AIG's shares still trade at a hefty discount to book value.
iSurge: Apple Shares Return To $600 For First Time Since October 2012
Forbes - 5 May 2014 22:26
Boom times may be returning to the Apple universe.
Apple Joins America's Biggest Dividend Payers
Forbes - 5 May 2014 22:26
iPad-maker to shell out $2.65 per share to investors starting in fiscal Q4.
Gary Becker: His Passion And Principles Live On
Forbes - 5 May 2014 22:09
There are few economists who was more of an eminence gris than Gary Becker.
1,000 Ounces Of Gold Recovered From 1857 Shipwreck
Forbes - 5 May 2014 20:15
(Kitco News) - Close to 1,000 ounces of gold, worth about $1.3 million dollars, has been recovered from an 1857 shipwreck off the coast of South Carolina.
Large Speculators Trim Bullish Platinum Trades; Gold Mixed - CFTC Data
Forbes - 5 May 2014 20:11
(Kitco News) - For the second week, large speculators pulled back slightly on their bullish platinum futures and options positions on the Comex division of the New York Mercantile Exchange in the latest weekly commitmen...
Gold Ends Up, Hits 3-Week High, on Safe-Haven Demand
Forbes - 5 May 2014 20:10
(Kitco News) - Gold prices ended the U.S. day session higher, scored a three-week high and pushed back above the key $1,300 level Monday. Safe-haven buying was featured, as Russia-Ukraine tensions heated up during the w...
Week Ahead Market Report: May 5, 2014
Forbes - 5 May 2014 20:00
The US markets are mixed this afternoon, with the Dow down 0.04%, the S&P up 0.01% and the Nasdaq up 0.04% so far today. Some of the most actively traded stocks include Pfizer (PFE) down 2.5%, Facebook (FB) up 1% and Ban...
Monday's ETF with Unusual Volume: DWX
Forbes - 5 May 2014 19:49
The SPDR S&P International Dividend ETF (DWX) is seeing unusually high volume in afternoon trading Monday, with over 1.1 million shares traded versus three month average volume of about 146,000. Shares of DWX were up a...
Natural Gas Prices, Wattenberg Development To Fuel Earnings Growth At Anadarko
Forbes - 5 May 2014 19:48
Apart from higher commodity prices, Anadarko would also benefit from better sales volume mix compared to last year. This is primarily because we expect the ongoing development of its liquids-rich U.S. onshore assets to d...
Dr. Pepper's Growth In Latin America Could Come From Penafiel
Forbes - 5 May 2014 19:45
Why Mexico is particularly important to Dr. Pepper is because around 8% of the company's volumes come from the country. With CSDs facing a continual decline in demand in North America, beverage companies have looked to e...
Tyson Sinks After Blaming Earnings Miss On Weather, Hog Virus
Forbes - 5 May 2014 19:42
Somebody call Chicken Little: the sky is falling at Tyson Foods.
Prudential Financial Earnings Preview: Focus On Retirement Solutions, International Growth
Forbes - 5 May 2014 19:42
The company reported a 36% year-on-year increase in pre-tax operating income for its financial services business for the fourth quarter of 2013. The financial services business consists of the company's continuing busine...
Monday 5/5 Insider Buying Report: ECL, ADT
Forbes - 5 May 2014 19:42
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 ...
Japanese Consumption-Tax Hike Could Hurt Toyota's Profits
Forbes - 5 May 2014 19:39
Toyota delivered the fewest number of vehicles since 2011, according to the industry figures. The slump is expected to deepen in May as the delivery of many orders made before April 1 was delayed due to poor weather cond...
Disney Will Continue To Reap Benefits From Frozen In Fiscal Q2
Forbes - 5 May 2014 19:36
The studio likely benefited from the continued success of Frozen, which is now the highest-grossing animation movie ever made. The movie cost a modest $150 million to produce and has grossed more than $1.17 billion at th...
Sotheby's Gives In To Third Point Hedge Fund Manager Daniel Loeb's Demands For Board Seats
IBTimes - 5 May 2014 19:31
International art auction house Sotheby's (NYSE: BID) said Monday it has agreed to add hedge fund activist investor Daniel S. Loeb and two of his colleagues as director nominees to its board, ending a months-long battle....