Market News
U.S. Stocks Are Attempting To Break Out Again
Forbes - 23 May 2014 03:38
U.S. stocks are attempting to break above their key resistance levels after last week's failed breakout.
Indian bonds set for biggest weekly gain since November on cash
livemint.com - 23 May 2014 08:48
India's overnight interbank borrowing rate has slid to 7.1% from 9% at the end of last month
Private Equity Backs Off on European Deals
Wall Street Journal - 23 May 2014 02:57
Entrepreneurs and wealthy families are beating private-equity firms in Europe at their own game--leveraged buyouts.
Friday Sector Laggards: Energy, Utilities
Forbes - 23 May 2014 20:46
The worst performing sector as of midday Friday is the Energy sector, showing a 0.3% loss. Within that group, Diamond Offshore Drilling (NYSE: DO) and Cameron International (NYSE: CAM) are two of the day's laggards, show...
BB&T Series F Non-Cumulative Perpetual Preferred Stock Shares Cross 6% Yield Mark
Forbes - 23 May 2014 20:16
In trading on Friday, shares of BB&T Corp.'s Series F Non-Cumulative Perpetual Preferred Stock (NYSE: BBT.PRF) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.30), with shares changing h...
Aeropostale Shares Crash As Teen Retailer Reports Sinking Revenue, Profit And Same Store Sales
Forbes - 23 May 2014 16:05
The long struggling stock -- down more than 50% year-to-date and more than 70% year-over-year -- traded between $3.59 and $3.90 in the first moments of trading, hitting a new 52-week low.
American Eagle To Close 150 Stores Following Dismal Results; Omni-Channel Progress Looks Good
Forbes - 23 May 2014 14:50
While revenue growth will be under tremendous pressure, closing stores that do not generate significant foot traffic will help the company improve its operating margins. To diminish the intensity of revenue decline, the ...
Facebook Sees Bullish Options Bets Before Long Weekend
Forbes - 23 May 2014 21:31
Trading volumes tend to wane just before the start of holiday weekends, but activity in Facebook options on this Friday before Memorial Day weekend is ticking just above its average daily level.
What? Some Proven Investment Strategies Are Too Simple To Accept?
Forbes - 23 May 2014 21:31
GMO's Jeremy Grantham confirms his firm's study of remarkable long-term performance from several investment patterns, but notes investors refusal to accept them as they seem too simple.
Gold Buying 101
Forbes - 23 May 2014 20:55
The best ways to buy gold.
How Gold Helped Iran Withstand U.S. Financial Fury
Forbes - 23 May 2014 20:55
From oil sanctions and gold bans to the stuxnet worm that crippled Iran's centrifuges, the U.S. has been waging a persistent financial war on the Islamic Republic.
Friday Sector Leaders: Technology & Communications, Materials
Forbes - 23 May 2014 20:50
Looking at the sectors faring best as of midday Friday, shares of Technology & Communications companies are outperforming other sectors, up 0.9%. Within the sector, HP (NYSE: HPQ) and TripAdvisor (NASD: TRIP) are two lar...
Daily Dividend Report: HD, HAL, CBS, NEE, WMB, BG, JOY, STR
Forbes - 23 May 2014 20:35
The Home Depot (HD), the world's largest home improvement retailer, announced that its board of directors declared a first quarter cash dividend of 47 cents per share. The dividend is payable on June 19, 2014, to shareho...
Panasonic Aims To Be Sole Producer in Tesla's Planned Multibillion-Dollar US Battery Factory
IBTimes - 23 May 2014 20:31
(Reuters) - Panasonic Corp said it expected to become the sole manufacturer in Tesla Motors Inc'.s planned multibillion-dollar U.S. battery factory, firming up its commitment to the electric car maker's project.
Analyst Favorites With Strong Buyback Activity: Tesoro Corporation Ranks As a Top Pick
Forbes - 23 May 2014 20:26
A study of analyst recommendations at the major brokerages shows that Tesoro Corporation (NYSE: TSO) is the #57 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To...
Why Dream Global Real Estate Investment Trust Is a Top 25 Dividend Stock
Forbes - 23 May 2014 20:25
Dream Global Real Estate Investment Trust (Toronto: DRG-UN) has been named as a Top 25 dividend stock, according the most recent Canada Stock Channel ''DividendRank'' report. The report noted that among the coverage univ...
Samsung Sees Sparkle In Sapphire
Forbes - 23 May 2014 20:06
Samsung is jumping on the sapphire band wagon and is not going to let Apple get an edge.
Sebi announces hike in regulatory fees
livemint.com - 23 May 2014 20:00
Fees were raised for mutual funds, stock exchanges, brokers, listed and to-be-listed companies for filing of offer documents, rights issues and takeovers
How Not To Get Soaked When The Bond Bubble Bursts
Forbes - 23 May 2014 19:55
The Fed is waging a battle against deflation. Deflation means depression. The Fed's objective is to create inflation. Our risk is that they do not succeed. Unfortunately, our risk is also that they do succeed.
Friday 5/23 Insider Buying Report: OXY, PMF
Forbes - 23 May 2014 19:48
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.
A Look At Norfolk Southern's Automobile Segment
Forbes - 23 May 2014 19:48
Since 2010, automotive carloads have shown the highest increase compared to other segments like Coal, Agricultural, Chemicals, Metals & Construction, Forest Products and Intermodal. With its vast network in eastern U.S.,...
Aeropostale Slumps Further With Dismal Results And Bleak Guidance
Forbes - 23 May 2014 19:45
Shares tumbled by more than 15% (after hours) as the retailer reported 13% fall in its comparable sales and guided a loss of $0.55-$0.61 per share for the second quarter, which was worse than analysts' expectation of $0....