Market News
India 10-yr bond yield hits near two-month low; elections in focus
livemint.com - 9 May 2014 14:37
The benchmark 10-year bond yield ended down 1 bp at 8.75%, after falling as much as 4 basis points to 8.72%
NYSE to curtail order types amid debate over their fairness
livemint.com - 9 May 2014 05:39
The move is potentially to quiet critics who say their proliferation gives high-frequency traders an unfair edge
Pfizer Holders Could See Tax Hit in Deal
Wall Street Journal - 9 May 2014 04:51
Pfizer could cut its tax bill by hundreds of millions of dollars if it buys AstraZeneca, but thousands of Pfizer shareholders could face a tax hit if the deal goes through.
The Three Countries With The Highest Inflation
Forbes - 9 May 2014 23:11
Inflation is normally a constant and gradual increase in prices. But at times, when prices rise too rapidly, inflation becomes a destructive force to the economy. Which countries have the highest inflation today? In this...
Investor Moves To Block Zale Sale To Signet Jewelers, Calls $1.4 Billion Deal 'Grossly Unfair'
Forbes - 9 May 2014 22:47
Calling Signet Jeweler's $21-per-share offer for the Zale Corporation "grossly unfair," TIG Advisors revealed a 9.5% stake in Zale Friday afternoon, saying that it intends to vote against the Zale's proposed merger with ...
Friday 5/9 Insider Buying Report: AOL, TYC
IBTimes - 9 May 2014 22:31
Insiders bought up shares of AOL and Tyco International.
Analyst Moves: SIRI, RL, CUB
IBTimes - 9 May 2014 22:31
In early trading on Friday, shares of Computer Sciences (CSC) topped the list of the day's best performing components of the S&P 500 index, trading up 7.6%. Year to date, Computer Sciences registers a 11.8% gain.
Dow Movers: PFE, MCD
IBTimes - 9 May 2014 22:31
In early trading on Friday, shares of McDonald's (MCD) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.5%. Year to date, McDonald's registers a 5.6% gain.
Nasdaq 100 Movers: NVDA, SYMC
IBTimes - 9 May 2014 22:31
In early trading on Friday, shares of Symantec (SYMC) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.3%. Year to date, Symantec has lost about 11.0% of its value.
Halozyme Therapeutics EPS Estimates Down In Past Month
Forbes - 9 May 2014 22:00
Analysts have become increasingly bearish on Halozyme Therapeutics in the month leading up to the company's first-quarter earnings announcement scheduled for Monday, May 12, 2014. The consensus analyst estimate has move...
Anticipated Earnings Increase for PDL BioPharma
Forbes - 9 May 2014 22:00
Wall Street is optimistic about PDL BioPharma, which is slated to report its first quarter results on Monday, May 12, 2014. Analysts project a profit of 50 cents a share, a rise from 36 cents per share a year ago.The con...
Rackspace Hosting Earnings Projected to Drop
Forbes - 9 May 2014 22:00
Wall Street is expecting lower profit for Rackspace Hosting when the company reports its first quarter results on Monday, May 12, 2014. Analysts are expecting earnings per share of 12 cents after the company booked a pro...
Loss Expected to Widen for Arena Pharmaceuticals
Forbes - 9 May 2014 22:00
Arena Pharmaceuticalsis expected to book a wider loss than a year ago when it reports first-quarter earnings on Monday, May 12, 2014. Analysts are expecting a loss of 10 cents per share, down from a loss of nine cents pe...
Decline Expected for Take-Two Interactive Software Earnings
Forbes - 9 May 2014 22:00
Analysts expect decreased profit for Take-Two Interactive Software when the company reports its fourth quarter results on Tuesday, May 13, 2014. Although Take-Two Interactive Software reported profit of 29 cents a year a...
Forbes Earnings Preview: McKesson
Forbes - 9 May 2014 22:00
McKesson reports its fourth-quarter earnings on Monday, May 12, 2014, and the consensus earnings per share estimate is $2.39 per share.Over the past three months, the consensus estimate has fallen from $2.40. For the fis...
Weekly Market Wrap: May 9, 2014
Forbes - 9 May 2014 21:02
The nineteenth trading week of 2014 comes to a close with US markets basically flat in mid-afternoon trading.
Defensive Sectors Are No Help In Market Downturns
Forbes - 9 May 2014 20:49
Wall Street’s advice on how to prepare for possible market corrections has always been the same. No matter what happens to the economy people will still have to eat, drink, and take their medicines. So consumer staples...
Strong 1Q Results Lays Groundwork For Silver Wheaton's Next Step Up -- Silver Wheaton CEO
Forbes - 9 May 2014 20:27Sebi proposes overhaul of current delisting norms
livemint.com - 9 May 2014 20:12
Regulator attempting to make system more effective, eliminate risk of price manipulation in delisting process
Boston Scientific Looking To Gain In Gynecological Device Market With IoGyn Acquisition
Forbes - 9 May 2014 19:49
With this acquisition, Boston Scientific aims to gain share in the fast growing hysteroscopic (uterus related) surgery market. It could be easier for the company to enter this market with its non-traditional treatment ap...
Daily Dividend Report: BHI, MAR, CBT, NC, UPS, ABC
Forbes - 9 May 2014 19:48
Baker Hughes (BHI) declared the regular quarterly cash dividend of $0.17 per share of common stock payable August 15, 2014, to holders of record on August 4, 2014. This represents a $0.02 or 13% increase per share over t...
Brewer Sales Drive Keurig Green Mountain's Q2 Earnings
Forbes - 9 May 2014 19:46
The specialty coffee company reported significant net sales of $ 1.1 billion, with a growth of 10% year-over-year, attributed to a 29% increase due to brewer sales volume. The net sales growth includes the unfavorable im...