Market News
Upbeat China PMI boosts Asian stocks; oil firm on Iraq
livemint.com - 23 Jun 2014 05:39
HSBC's China PMI shows first expansion in 6 months; Brent crude near 9-month highs on Iraq concerns
U.S. Increases Scrutiny of Employee-Stock-Ownership Plans
Wall Street Journal - 23 Jun 2014 04:29
The federal government is stepping up scrutiny of how U.S. companies are valued for employee-stock-ownership plans, a vital source of retirement savings for millions of workers.
Is This The Next Warren Buffett?
Forbes - 23 Jun 2014 00:11
A short while ago I was at a wedding in San Francisco when someone came up to me, clasped my hand in both of his, and began thanking me effusively.
Bets Rise on Stock Bumps Ahead
Wall Street Journal - 23 Jun 2014 23:07
A gauge of expected market volatility last week hit its lowest level since 2007, adding to losses for investors wagering on swings. Yet many traders are sticking to their bets that the placid stretch is ending.
Week Ahead Market Report: June 23, 2014
Forbes - 23 Jun 2014 22:10
The US markets are mixed this afternoon, with the Dow down 0.06%, the S&P down 0.01% and the Nasdaq higher by 0.01%. Some of the most actively traded stocks include Bank of America (BAC) up 1.23%, Advanced Micro Devices ...
Tiger Management Backing Asia-Focused Hedge Fund
Wall Street Journal - 23 Jun 2014 21:41
Julian Robertson's Tiger Management LLC has agreed to back startup hedge-fund Kang Global Investors LP with as much as $50 million for its launch at the start of July.
BNP Paribas Dollar-Trading Ban Could Really Hurt
IBTimes - 23 Jun 2014 21:31
For the second time in a month, a foreign bank faces a multibillion-dollar fine to settle possible criminal charges filed by American authorities. But this time it's different because the terms of the settlement include ...
Healthy Diets Are Elusive For The Long-Term Unemployed, New Report Finds
IBTimes - 23 Jun 2014 21:31
More than 9.7 million Americans are currently unemployed, and just over a third have been without a job longer than 27 weeks. One of the results is that most have trouble maintaining healthy diets. Deshaun Huckaby, 28, i...
MCX-SX net worth nears floor level, auditor pens qualification
livemint.com - 23 Jun 2014 21:11
The exchange's net worth was Rs120 crore as on 31 March, down from Rs275 crore at the end of the previous fiscal year
Daily Dividend Report: DTE, CSCO, BXP, WSM, PIR, WPP, AP
Forbes - 23 Jun 2014 19:45
DTE Energy declared a $0.69 per share dividend on its common stock payable Oct. 15, 2014, to shareholders of record at the close of business Sept. 15, 2014. This is a $0.035 per share, or 5.3 percent, increase from the p...
Alibaba's Acquisiton Of UCWeb Could Be A Threat To Baidu's Mobile Plans
Forbes - 23 Jun 2014 19:45
UCWeb has at least a 10% market share in 10 countries across the globe. It is particularly strong in developing countries such as Russia, Vietnam and India, where it is experiencing triple-digit growth in users due to it...
Bed Bath & Beyond Earnings Preview: Housing Slowdown To Weigh On Results, But Pent-Up Demand Could Help
Forbes - 23 Jun 2014 19:40
While the housing recovery gained some momentum over the last year, it has slowed down lately due to rising prices and mortgage rates. This has discouraged buyers from spending on home decor and improvement products. On ...
Google's Nest Labs Strengthens Its Portfolio with $555 Million Acquisition of Dropcam
Forbes - 23 Jun 2014 19:35
Currently, Nest sells digital thermostats and smoke alarms that can also be checked and adjusted remotely from mobile devices. This move indicates that the company is striving to establish its dominance in the growing ma...
This Stock Has A 11.40% Yield, Sells For Less Than Book, and Insiders Have Been Buying
Forbes - 23 Jun 2014 19:05
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
Bajaj Hindusthan redeems FCCBs
livemint.com - 23 Jun 2014 18:55
Bajaj Hindusthan pays nearly $18 million, including premium, to redeem FCCBs issued to International Finance Corp
Monday's ETF with Unusual Volume: FEMS
Forbes - 23 Jun 2014 18:34
The First Trust Emerging Markets Small Cap AlphaDEX Fund ETF (FEMS) is seeing unusually high volume in afternoon trading Monday, with over 239,000 shares traded versus three month average volume of about 53,000. Shares...
Monday's ETF Movers: GDXJ, IBB
Forbes - 23 Jun 2014 18:32
In trading on Monday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Alexco Resource (AXU), up about 10.2% ...
BNP To Pay Nearly $9B To The US For Sanctions Violations Involving Sudan, Iran, Cuba
IBTimes - 23 Jun 2014 18:31
The latest multi-billion dollar bank fine stands out against a backdrop of the usual Wall Street shenanigans such as defrauding clients or allegations related to the financial crisis because it involves a French bank acc...
Monday Sector Laggards: Music & Electronics Stores, Manufacturing Stocks
Forbes - 23 Jun 2014 18:31
In trading on Monday, music & electronics stores shares were relative laggards, down on the day by about 2%. Helping drag down the group were shares of RadioShack (RSH), off about 10.8% and shares of hhgregg (HGG) off ...
Monday Sector Leaders: Metals & Mining, Precious Metals
Forbes - 23 Jun 2014 18:29
In trading on Monday, metals & mining shares were relative leaders, up on the day by about 2.2%. Leading the group were shares of Lake Shore Gold (LSG), up about 30.8% and shares of Walter Energy (WLT) up about 7.5% on...
Interesting April 2015 Stock Options for Intel
Forbes - 23 Jun 2014 18:19
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Intel Corp (NASD: INTC). So this week we highlight one interesting put contract, and one interestin...
Interesting September Stock Options for Johnson & Johnson
Forbes - 23 Jun 2014 18:18
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Johnson & Johnson (NYSE: JNJ). So this week we highlight one interesting put contract, and one inte...