Market News
Alibaba's Latest Move Beefs Up Its Logistics Business To Play In International Markets
IBTimes - 28 May 2014 17:31
China's e-commerce company Alibaba Group Holding Ltd. said Wednesday that it's taking a minority stake in Singapore Post Ltd. for 312.5 million Singapore dollars ($249 million), as part of its plans to create an internat...
Why China Is Targeting McKinsey
IBTimes - 28 May 2014 23:31
McKinsey & Company, the New York-based management consultancy, has a big operation in China: On its website, the company claims a staff of 350 consultants across its four greater China locations -- over 90 percent of who...
Nasdaq 100 Movers: TSLA, MU
IBTimes - 28 May 2014 23:31
In early trading on Wednesday, shares of Micron Technology (MU) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 1.8%. Year to date, Micron Technology registers a 31.3% gain.
Wednesday Sector Laggards: Precious Metals, Apparel Stores
IBTimes - 28 May 2014 23:31
In trading on Wednesday, precious metals shares were relative laggards, down on the day by about 2.3%. Helping drag down the group were shares of Alexco Resource (AXU), off about 11.4% and shares of North American Pallad...
Wednesday Sector Leaders: Transportation Services, Trucking Stocks
IBTimes - 28 May 2014 23:31
In trading on Wednesday, transportation services shares were relative leaders, up on the day by about 0.9%. Leading the group were shares of Air Lease (AL), up about 2.7% and shares of Navigator Holdings (NVGS) up about ...
New EU Restrictions On South African Citrus Could Hinder European Produce Market
IBTimes - 28 May 2014 23:31
The European Commission's plans to tighten rules on citrus fruit imported from South Africa -- the world's leading exporter of oranges and grapefruits -- could affect produce availability and prices in the European Union...
South Africa's Economy At Risk Amid European Import Restriction
IBTimes - 28 May 2014 23:31
The European Commission on Tuesday announced restrictions on citrus shipments from South Africa due to an outbreak of "black spot" plant disease there. Now, South African politicians are concerned about the economic rami...
That Shifty S.O.B. Pied Piper Of Bonds
Forbes - 28 May 2014 22:46
For better or worse, the history of interest rates during the entire postwar period is etched into my brain. There is no normal rate for the country. Treasuries key off budget deficits, inflation, the growth rate for GDP...
Apple's Most Notable Acquisitions
Forbes - 28 May 2014 22:43
From Siri to NeXT, retracing Apple's biggest acquisitions over the years.
Short Interest Drops 13.2% For JCP
Forbes - 28 May 2014 21:43
The most recent short interest data has been released by the NASDAQ for the 05/15/2014 settlement date, which shows a 12,036,259 share decrease in total short interest for J.C. Penney Co., Inc. (NYSE: JCP), to 78,856,913...
Daily Dividend Report: DE, HUN, SPW, DSW
Forbes - 28 May 2014 21:12
The Deere & Company (DE) Board of Directors has approved an increase of Deere's quarterly dividend to $.60 a share on common stock. The dividend is payable on August 1, 2014 to stockholders of record on June 30, 2014. Th...
Five Dow Stocks With Rising Short Activity
Forbes - 28 May 2014 21:04
The most recent short interest data has just been released by the NASDAQ for the 05/15/2014 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five Dow Jones Indus...
Five S&P 500 Stocks With Rising Short Activity
Forbes - 28 May 2014 20:59
The most recent short interest data has just been released by the NASDAQ for the 05/15/2014 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
Short Interest Moves 11.6% Lower For DTV
Forbes - 28 May 2014 20:56
The most recent short interest data has been released by the NASDAQ for the 05/15/2014 settlement date, which shows a 1,917,410 share decrease in total short interest for DIRECTV (NASD: DTV), to 14,675,216, a decrease of...
Wednesday Sector Leaders: Utilities, Energy
Forbes - 28 May 2014 20:35
Looking at the sectors faring best as of midday Wednesday, shares of Utilities companies are outperforming other sectors, higher by 0.4%. Within that group, Public Service Enterprise Group Inc. (NYSE: PEG) and Exelon Cor...
Wednesday Sector Laggards: Financial, Materials
Forbes - 28 May 2014 20:35
In afternoon trading on Wednesday, Financial stocks are the worst performing sector, showing a 0.3% loss. Within that group, Health Care REIT Inc. (NYSE: HCN) and HCP, Inc. (NYSE: HCP) are two of the day's laggards, show...
Nestle Boosts Skincare Business With $1.4 Billion Valeant Deal
IBTimes - 28 May 2014 20:31
LONDON/ZURICH
EU Bans Citrus Imports From South Africa, Fearing 'Black Spot' Disease
IBTimes - 28 May 2014 20:31
The European Commission on Tuesday announced restrictions on citrus shipments from South Africa due to an outbreak of "black spot" plant disease there. Now, South African politicians are concerned about the economic rami...
Sebi wants 25% public holding in PSUs
livemint.com - 28 May 2014 20:25Wednesday's ETF with Unusual Volume: IYT
Forbes - 28 May 2014 20:07
The iShares Transportation Average ETF (IYT) is seeing unusually high volume in afternoon trading Wednesday, with over 936,000 shares traded versus three month average volume of about 300,000. Shares of IYT were up abo...
Wednesday 5/28 Insider Buying Report: AEGR, EGHT
Forbes - 28 May 2014 19:58
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 cash to mak...
Can Better Fashion And Enhanced Savings Help Abercrombie & Fitch's Results?
Forbes - 28 May 2014 19:48
Apart from revamping its fashion content, Abercrombie is planning to bring its prices down to a more competitive level. To ensure that this move doesn't put pressure on its margins, the retailer is taking certain steps t...