Market News
ETFs Help Remove Fear From Bond Market Investing
Forbes - 10 Jun 2014 18:21
For broad bond market ETF-holding investors, the loss of bond value may be transitory as a portfolio of lower yielding holdings is replaced with bonds carrying higher yields.
Contrave: Is This The Weight Loss Drug We've Been Waiting For?
Forbes - 10 Jun 2014 14:39
A much-anticipated new diet drug looks likely to win FDA approval this week. Here's what you need to know about Contrave for weight loss.
AIG: Bailout In Brief
Forbes - 10 Jun 2014 22:43
With the AIG board mulling whether to join a shareholder lawsuit against the U.S. government, a look back at how we got here.
This Stock Is About To Go Ex-Dividend and Hedge Funds Added
Forbes - 10 Jun 2014 21:40
Yesterday we published a story looking at hedge funds adding to their Allegion positions. Allegion is a $2 billion provider of security solutions for homes and businesses, employs more than 8,000 people and sells product...
Sensex scales record high for third straight session
livemint.com - 10 Jun 2014 21:09
Investors are expecting economic revival ahead of NDA's first union budget
Daily Dividend Report: AMAT, BKU, FDX, AWH
Forbes - 10 Jun 2014 21:02
Applied Materials has approved a quarterly cash dividend of $0.10 per share payable on the company's common stock. The dividend is payable on September 11, 2014 to stockholders of record as of August 21, 2014.
Hedge Funds Added To United States Steel Positions
Forbes - 10 Jun 2014 20:50
At Holdings Channel, we have reviewed 3,692 13-F filings for the 03/31/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13-F filers. For each compo...
11 Gurus Hold eBay, While 1 Exits
Forbes - 10 Jun 2014 20:40
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,692 13-F filings for the 03/31/2014 reporting period, and noticed that eBay (NASD: EBAY) was held...
Tuesday Sector Laggards: Energy, Services
Forbes - 10 Jun 2014 20:33
The worst performing sector as of midday Tuesday is the Energy sector, showing a 0.5% loss. Within that group, Range Resources Corp (NYSE: RRC) and Valero Energy Corp. (NYSE: VLO) are two large stocks that are lagging, s...
Buffett's Keen To Keep Going Green
IBTimes - 10 Jun 2014 20:31
Billionaire investor Warren Buffett said in Tuesday that his Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) is prepared to double its current investment of $15 billion in solar and wind power to $30 billion. According...
EU To Launch Formal Investigation Into Apple's Irish Tax Deal: Irish State Broadcaster
IBTimes - 10 Jun 2014 20:31
(Reuters) - The European Commission will launch a formal investigation on Wednesday into Apple Inc's tax arrangements in Ireland, Irish state broadcaster RTE reported, without naming its source. The EU's competition auth...
Cost Reduction And Disciplined Capital Allocation Complement Rio's High Volumes Strategy
Forbes - 10 Jun 2014 19:46
The company is focused on cutting costs, as well as adopting a disciplined approach to capital allocation. This has involved selling off non-core assets and deploying capital in projects that will generate better returns...
Deutsche Bank Price Estimate Revised To $44 After $11.5 Billion Capital Issuance
Forbes - 10 Jun 2014 19:42
In view of the increase in Deutsche Bank?s number of outstanding shares by 30% and the corresponding change in its capital structure, we have revised our price estimate for the bank?s stock downwards from $52 to $44.
Tuesday's ETF with Unusual Volume: REZ
Forbes - 10 Jun 2014 18:50
The iShares Residential Real Estate Capped ETF (REZ) is seeing unusually high volume in afternoon trading Tuesday, with over 217,000 shares traded versus three month average volume of about 43,000. Shares of REZ were d...
Tuesday's ETF Movers: GDXJ, XPH
Forbes - 10 Jun 2014 18:49
In trading on Tuesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 1.8% on the day. Components of that ETF showing particular strength include shares of Rio Alto Mining (RIO.CA), up about 7....
Tuesday Sector Laggards: Music & Electronics Stores, Waste Management Stocks
Forbes - 10 Jun 2014 18:48
In trading on Tuesday, music & electronics stores shares were relative laggards, down on the day by about 1.4%. Helping drag down the group were shares of Radioshack (RSH), down about 9.4% and shares of hhgregg (HGG) d...
Tuesday Sector Leaders: Precious Metals, Textiles
Forbes - 10 Jun 2014 18:47
In trading on Tuesday, precious metals shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Rubicon Minerals (RBY), up about 8.3% and shares of Rio Alto Mining (RIOM) up about 7.5...
B/E Aerospace Slumps After Breakup Announcement
Forbes - 10 Jun 2014 18:00
BE Aerospace to separate airplane interiors business from distribution and logistics segment to boost shareholder value.
S&P 500 Analyst Moves: SLB
Forbes - 10 Jun 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, Schlumberger (SLB) is now the #8 analyst pick, moving up by 1 spot. This rank is f...
Dow Analyst Moves: UNH
Forbes - 10 Jun 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, UnitedHealth Group (UNH) is the #1 analyst pick. UnitedHealth Group Inc is...
Amtrak Wants To Speed Up Wi-Fi On Boston-To-Washington Line
IBTimes - 10 Jun 2014 17:31
Amtrak, the publicly-funded U.S. railroad service, said on Monday that it's seeking proposals and bids from contractors for a high-speed Wi-Fi network for its Northeast Corridor service that runs from Boston to Washingto...
London Man Makes Record-Breaking Bet On Scottish Referendum
IBTimes - 10 Jun 2014 17:31
A man bet 400,000 pounds ($671,000) that Scots will vote to remain a part of the U.K. in this year's referendum, breaking records at London betting shop William Hill Plc. Graham Sharpe, a spokesperson, said it was the la...