Market News
Loans Come With Few Strings
Wall Street Journal - 13 Jun 2014 06:29
Lending to weaker companies on easy terms is becoming more common as investors' appetite for higher-yielding debt grows stronger and the Fed keeps money flowing at ultralow rates.
Priceline OpenTable: Travel Booking Site Pays $2.6 Billion For A Seat At The Restaurant Business
IBTimes - 13 Jun 2014 18:31
Priceline Group Inc. (NASDAQ:PCLN) will buy OpenTable Inc. (NASDAQ:OPEN) in a $2.6 billion cash deal announced Friday, giving the budget travel booking site a seat at the restaurant reservation table. Its bid of $103 per...
Hedge Funds Get Stung by Slow Markets
Wall Street Journal - 13 Jun 2014 05:20
Some of the biggest investors on Wall Street are losing money with wrong-way bets in markets around the globe, a surprising black eye amid a rise in stock and bond prices.
10 Steps To Boost Your 401(k) Balance
Forbes - 13 Jun 2014 22:32
The maximum amount an individual can save in a 401(k) for 2013 is $17,500 a year, or $23,000 if you're 50 or older. If that's attainable, go for it. If it sounds like a long shot, consider these smaller moves that can he...
Little 401(k) Moves Mean Big Returns
Forbes - 13 Jun 2014 22:32
When it comes to 401(k) expenses, less is almost always more.
The Economic Rebound Is Not Happening
Forbes - 13 Jun 2014 22:18
First quarter GDP will be revised down further to negative 2.0%, a deeper hole for economy to dig out of, and it's not happening.
Bank Of England's Carney Running The Circus With New Stance On Rates
Forbes - 13 Jun 2014 21:57
The Governor of the Bank of England, Mark Carney, has validated the view that UK interest rates may rise earlier than previously expected. In a speech yesterday, Mr. Carney stated that “ could happen sooner than market...
Weekly Market Wrap: June 13, 2014
Forbes - 13 Jun 2014 21:44
The twenty fourth trading week of 2014 comes to a close with US markets higher in the last hour of trading.
Justice Department Ready To Sue Citi After Mortgage Settlement Talks Stall
Forbes - 13 Jun 2014 21:36
The Department of Justice and Citigroup have scrapped their attempts to devise a resolution outside of court due to Citigroup?s ?unwillingness to bring a serious offer to the table.?
King's College Bitcoin: US School Becomes First Accredited University To Accept Cryptocurrency For Tuition, Donations
IBTimes - 13 Jun 2014 21:31
A small liberal arts college in New York's financial district on Friday became the first accredited U.S. college to accept Bitcoin for tuition bills, donations and other expenses. Bitcoin, introduced in 2009, is a peer-t...
Regulators Slam Free Insurance Offer
Wall Street Journal - 13 Jun 2014 21:26
An investor plan to provide free life insurance for teachers appeared too good to be true after Florida regulators listed "significant doubts" about the program.
10 Fund Gurus Hold Visa But 1 Exits
Forbes - 13 Jun 2014 21:06
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 Visa (NYSE: V) was held by...
Hedge Funds Added To First Solar Positions
Forbes - 13 Jun 2014 21:02
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...
Friday Sector Laggards: Consumer Products, Healthcare
Forbes - 13 Jun 2014 20:51
The worst performing sector as of midday Friday is the Consumer Products sector, not showing much of a gain. Within that group, Monster Beverage (NASD: MNST) and Garmin (NASD: GRMN) are two large stocks that are lagging,...
Friday 6/13 Insider Buying Report: AL, BZH
Forbes - 13 Jun 2014 20:45
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.
Juniper Collaborates With Aruba To Expand Converged Networking Solutions Portfolio
Forbes - 13 Jun 2014 19:48
The deal is likely to help Juniper expand it?s WLAN business and also offer flexibility to customers in deploying best-of-breed network solutions. The agreement also marks Juniper?s first partnership in its vision for an...
Iraq Conflict Once Again Highlights Airlines's Vulnerability To Oil Price Rise
Forbes - 13 Jun 2014 19:45
With the conflict in Iraq threatening to impact oil exports from the country, global oil prices jumped because Iraq is the second-largest oil producer in the Organization of the Petroleum Exporting Countries. We figure i...
Amazon Strengthens Its Prime Service With Song
Forbes - 13 Jun 2014 19:44
This strengthens a very attractive service package that includes free shipping on more than 20 million items, streaming of movies and TV shows, and access to more than half a million books that can be borrowed for free b...
Tata Motors Looks To Improve Passenger Car Sales By Penetrating The Compact Segment
Forbes - 13 Jun 2014 19:42
It has been a tale of declining sales for the company in India in the last couple of years, but the passenger car segment has fared even worse than the commercial vehicle segment. While commercial vehicle volumes fell 29...
Kashagan To Continue To Weigh On Exxon's Returns
Forbes - 13 Jun 2014 19:39
The development of the mega oil field located in Kazakhstan's zone of the Caspian Sea has been plagued by significant delays and cost overruns due to several technical issues. It was initially planned to be brought onlin...
Daily Dividend Report: SCVL, AT, TEI, VLGEA
Forbes - 13 Jun 2014 19:07
Shoe Carnival (SCVL) has approved the payment of a quarterly cash dividend. The quarterly cash dividend of $0.06 per share will be paid on July 21, 2014, to shareholders of record as of the close of business on July 7, 2...
Friday's ETF with Unusual Volume: CWI
Forbes - 13 Jun 2014 19:03
The SPDR MSCI ACWI ex-US ETF (CWI) is seeing unusually high volume in afternoon trading Friday, with over 292,000 shares traded versus three month average volume of about 38,000. Shares of CWI were off about 0.1% on th...