Market News
Jeff Koons's Whitney Retrospective: Expensive Art Is Important Art
Forbes - 25 Jun 2014 23:33
The prevailing message to the public is loud and clear: art that is currently expensive is important and worthy of our attention.
New York AG To File Fraud Suit Against Barclays: Source
IBTimes - 25 Jun 2014 23:31
(Reuters) - The New York Attorney General is set to file a securities fraud lawsuit against Barclays PLC (BARC.L) for misrepresenting the safety of its U.S.-based alternative trading system, or "dark pool," to investors,...
No Prize in ConAgra's Cereal Box
Wall Street Journal - 25 Jun 2014 22:01
Ahead of the Tape: Amid sectorwide malaise, ConAgra's big bet on Ralcorp isn't delivering the payoff investors had hoped for.
Japanese Press Companies for Cash
Wall Street Journal - 25 Jun 2014 21:24
A combination of forces, from the policies of Prime Minister Shinzo Abe to overflowing corporate coffers, is pushing Japanese companies to raise the historically meager returns they provide for investors.
Five S&P 500 Stocks With Rising Short Activity
Forbes - 25 Jun 2014 21:02
The most recent short interest data has just been released by the NASDAQ for the 06/13/2014 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
Tesla Motors Becomes #27 Most Shorted Nasdaq 100 Component, Replacing SanDisk
Forbes - 25 Jun 2014 21:01
The most recent short interest data has been released by the NASDAQ for the 06/13/2014 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Nasd...
Mylan Becomes #6 Most Shorted Nasdaq 100 Component, Replacing SBA Communications
Forbes - 25 Jun 2014 21:00
The most recent short interest data has been released by the NASDAQ for the 06/13/2014 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Nasd...
Five Dow Stocks With Rising Short Activity
Forbes - 25 Jun 2014 21:00
The most recent short interest data has just been released by the NASDAQ for the 06/13/2014 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five Dow Jones Indus...
The budget and infrastructure
livemint.com - 25 Jun 2014 20:49
An enabling budget that restarts investment cycle would mean the market rally will continue
Autos, capital goods, consumer durables dodge excise bullet
livemint.com - 25 Jun 2014 20:36
Decision to maintain excise duty at 8% for auto and capital goods till 31 December is a big positive
Wednesday Sector Laggards: Consumer Products, Financial
Forbes - 25 Jun 2014 20:35
Looking at the sectors faring worst as of midday Wednesday, shares of Consumer Products companies are underperforming other sectors, showing a 0.1% loss. Within the sector, General Mills, (NYSE: GIS) and Lorillard, (NYSE...
Wednesday Sector Leaders: Healthcare, Services
Forbes - 25 Jun 2014 20:33
The best performing sector as of midday Wednesday is the Healthcare sector, up 0.6%. Within that group, Bristol-Myers Squibb (NYSE: BMY) and AbbVie (NYSE: ABBV) are two large stocks leading the way, showing a gain of 2.8...
Platinum Strike Over In South Africa, But Recovery Will Take Time For Companies, Economy
IBTimes - 25 Jun 2014 20:31
A historic five-month mining strike in South Africa is finally over as thousands of workers made their way back to work Wednesday, but this is far from the end for the companies that produce more than two-thirds of the w...
How The MLP Spin Off Helps Transocean
Forbes - 25 Jun 2014 19:45
The move to create an MLP is part of Transocean's deal with activist investor Carl Icahn to end a proxy battle that he launched against the firm last year. We believe that the MLP could allow Transocean to improve its ne...
What Is United Doing To Improve Its Cost Performance?
Forbes - 25 Jun 2014 19:42
Over the last few months, United introduced several measures to control this high rate of growth in its non-fuel costs. The carrier's action plan revolves around containing four key non-fuel cost heads - employee salarie...
Let's Not Discount Zynga's Mobile Efforts
Forbes - 25 Jun 2014 19:39
The gaming company has managed to grow its mobile users sequentially in recent quarters, which is an encouraging sign. In addition, it expects mobile bookings to surpass web bookings in 2014. Rather than the weakness in ...
FDD-LTE 4G Licenses Could Get China Telecom Back In The Race
Forbes - 25 Jun 2014 19:36
Although the carrier has yet to confirm the news, this is a significant development because an FDD-LTE 4G network could help the company revive its declining user base, compete against market leader China Mobile and seco...
Wednesday's ETF with Unusual Volume: XES
Forbes - 25 Jun 2014 19:34
The SPDR S&P Oil & Gas Equipment & Services ETF (XES) is seeing unusually high volume in afternoon trading Wednesday, with over 277,000 shares traded versus three month average volume of about 69,000. Shares of XES wer...
Wednesday's ETF Movers: GDXJ, ACWX
Forbes - 25 Jun 2014 19:33
In trading on Wednesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of Belo Sun Mining (BSX.CA), up about ...
Wednesday Sector Laggards: Oil & Gas Refining & Marketing, Manufacturing Stocks
Forbes - 25 Jun 2014 19:32
In trading on Wednesday, oil & gas refining & marketing shares were relative laggards, down on the day by about 2.4%. Helping drag down the group were shares of PBF Energy (PBF), down about 11% and shares of Valero Ene...
Wednesday Sector Leaders: Television & Radio, Textiles
Forbes - 25 Jun 2014 19:30
In trading on Wednesday, television & radio shares were relative leaders, up on the day by about 2%. Leading the group were shares of Nexstar Broadcasting Group (NXST), up about 14.2% and shares of Sinclair Broadcast G...
Stakeholders see Essar Oil delisting as exit opportunity
livemint.com - 25 Jun 2014 19:12
Proxy advisory firms are advising shareholders to tender their shares as part of the delisting