Market News
Officials At US Ex-Im Bank Face Investigations: Sources
IBTimes - 24 Jun 2014 07:31
Four officials at the U.S. Export-Import Bank were suspended or removed amid investigations into allegations of gifts and kickbacks, and even attempts to direct federal contracts to preferred companies, the Wall Street J...
S&P 500 Movers: ICE, VRTX
Forbes - 24 Jun 2014 16:16
In early trading on Tuesday, shares of Vertex Pharmaceuticals (VRTX) topped the list of the day's best performing components of the S&P 500 index, trading up 40.9%. Year to date, Vertex Pharmaceuticals registers a 26.3...
Tuesday Sector Laggards: Energy, Industrial
Forbes - 24 Jun 2014 20:41
The worst performing sector as of midday Tuesday is the Energy sector, showing a 1.3% loss. Within that group, Pioneer Natural Resources (NYSE: PXD) and EOG Resources (NYSE: EOG) are two of the day's laggards, showing a ...
Mphasis: Low effective free float bolsters stock
livemint.com - 24 Jun 2014 20:15
The company's share price appears to be far removed from fundamentals, because of a low effective free float
Soros Exited Qualcomm Stock, But These Other 10 Gurus Held On
Forbes - 24 Jun 2014 20:15
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 Qualcomm (NASD: QCOM) was ...
Sugar turns into a sop story
livemint.com - 24 Jun 2014 20:09
The sugar industry will be better off being completely deregulated, rather than being held hostage to petty politicking
Daily Dividend Report: BA, COST, KRFT, LLL, IEX, WDFC
Forbes - 24 Jun 2014 20:09
Boeing (BA) declared a regular quarterly dividend of seventy three (73) cents per share. The dividend is payable Sept. 5, 2014, to shareholders of record as of Aug. 8, 2014.
BSE sees record derivatives turnover
livemint.com - 24 Jun 2014 20:03
Total turnover in the market aggregated Rs6.9 trillion--of this 49% was accounted for by derivatives segment
LinkedIn Expands Its Job Listings Efforts With Standalone Job Search App
Forbes - 24 Jun 2014 19:52
This is an acknowledgement of the fact that while the company has disrupted the traditional hiring business, job listings are not going away. It is prudent of LinkedIn to make efforts to consolidate its position in this ...
Markets look forward to a game-changing budget
livemint.com - 24 Jun 2014 19:48
Despite a poor track record, markets can rally after the budget if a concrete plan towards economic reforms is announced
Strong U-verse Adoption Likely To Drive AT&T's Wireline Sales
Forbes - 24 Jun 2014 19:48
The company's wireline division witnessed a marginal drop in revenues to $14.5 billion, driven by 2.7% decline in sales in the wireline business segment, partially offset by strong gains in the wireline consumer segment,...
Micron Retains Its Growth Momentum In Q3'14
Forbes - 24 Jun 2014 19:44
Micron believes that the favorable long-term outlook for the memory market will fuel its growth this year and beyond. With a large and diverse memory product portfolio across a number of end-market segments, and the seco...
A Look At The Loan Portfolios Of The Largest U.S. Banks
Forbes - 24 Jun 2014 19:38
Notably, Bank of America has a larger loan portfolio than any of its competitors with an average of just under $920 billion in outstanding loans for the first quarter of 2014. The bank reported a steady decline in total ...
Interest Rates To Scream Higher When Fed Stops The Music:
Forbes - 24 Jun 2014 19:30
The Federal Reserve announced that it will continue tapering its current QE program at the June 17–18 policy meeting. Market reaction was swift. Fearing that the Fed has remained too accommodative for too long and th...
5 Reasons A Summer Bull Market Is Coming
Forbes - 24 Jun 2014 19:26
Worried about stocks? Adopt contrarian attitude. Fundamentals, psychology and potential return provide a positive picture.
Tuesday's ETF with Unusual Volume: EXI
Forbes - 24 Jun 2014 19:07
The iShares Global Industrials ETF (EXI) is seeing unusually high volume in afternoon trading Tuesday, with over 222,000 shares traded versus three month average volume of about 33,000. Shares of EXI were up about 0.1%...
Tuesday's ETF Movers: FBT, FCG
Forbes - 24 Jun 2014 19:06
In trading on Tuesday, the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Vertex Pha...
Tuesday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks
Forbes - 24 Jun 2014 19:05
In trading on Tuesday, precious metals shares were relative laggards, down on the day by about 1.4%. Helping drag down the group were shares of North American Palladium (PAL), off about 7.9% and shares of Rio Alto Mini...
Tuesday Sector Leaders: General Contractors & Builders, Music & Electronics Stores
Forbes - 24 Jun 2014 19:04
In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 2.5%. Leading the group were shares of William Lyon Homes (WLH), up about 6.6% and shares of Ryland Group (RYL)...
Electroactive Lens May Bring SLR Type Camera Features To iPhone
Forbes - 24 Jun 2014 18:57
A new revolutionary camera lens will bring some features to iPhone camera similar to traditional high end DSLR cameras.
Sebi asks exchanges to monitor AstraZeneca delisting
livemint.com - 24 Jun 2014 18:46
Sebi directs stock exchanges to allow the final delisting only after ensuring that the process has been fair and transparent
Are These Lagging ETFs Ready To Take Off?
Forbes - 24 Jun 2014 18:32
The stock market took a rest on Monday, despite a 4.9% increase in existing home sales, as volatility was low, with the advance/decline ratios neutral. The preliminary Euro zone manufacturing index came in weaker than ex...