Market News
Two More Charged By US In IBM Insider Trading Case
IBTimes - 26 Jun 2014 06:31
(Reuters) - U.S prosecutors in Manhattan announced charges Wednesday against two men they said participated in a ring of information-sharing that led to illegal trading in a technology company acquired by IBM Corp. in 20...
SAT reserves order on FTIL plea against Sebi declaring it unfit
livemint.com - 26 Jun 2014 14:14
SAT has extended the deadline granted to FTIL by Sebi to comply with its order till the tribunal passes a final directive
After Crisis, 'No' Gains More Clout at Banks
Wall Street Journal - 26 Jun 2014 04:54
Risk officers are gaining power and multiplying in number across the U.S. banking industry as financial institutions bend to pressure from regulators to make their operations safer and simpler following the financial cri...
Alibaba To List On NYSE: Report
IBTimes - 26 Jun 2014 22:31
Alibaba Group Holding Ltd., the Chinese e-commerce giant, intends to list its shares on the New York Stock Exchange when the company debuts, according to a Bloomberg report Thursday.
Dark Pool Trading: What You Don't Know Can Hurt You
IBTimes - 26 Jun 2014 22:31
Their names sound cool and traders love them, but authorities are cracking down on dark pool trading stock trading venues to protect unwitting clients.
Daily Dividend Report: WOR, LMT, KR, CPB, LEN, BIG
Forbes - 26 Jun 2014 21:40
Worthington Industries (WOR) has declared a quarterly dividend of $0.18 per share. The dividend is payable on September 29, 2014, to shareholders of record September 15, 2014. The $0.18 per share quarterly dividend repre...
Minimum rise in MSP good for keeping inflation in check
livemint.com - 26 Jun 2014 21:35
Minimal hike in MSPs this year should offset to some extent the adverse impact of poor monsoon on food inflation
Thursday Sector Leaders: Utilities, Materials
Forbes - 26 Jun 2014 21:35
Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, higher by 0.1%. Within the sector, Dominion Resources (NYSE: D) and Integrys Energy Group (NYSE: TE...
Thursday Sector Laggards: Financial, Technology & Communications
Forbes - 26 Jun 2014 21:35
In afternoon trading on Thursday, Financial stocks are the worst performing sector, showing a 0.4% loss. Within that group, Morgan Stanley (NYSE: MS) and Prologis (NYSE: PLD) are two large stocks that are lagging, showin...
Credit-Card Lenders Pursue Riskier Borrowers
Wall Street Journal - 26 Jun 2014 20:56
Credit-card lenders are courting borrowers with low credit scores more aggressively than they have since the financial crisis, seeking to jolt revenue amid sluggish growth and tight regulation.
LSE to Buy Russell for $2.7 Billion
Wall Street Journal - 26 Jun 2014 20:17
London Stock Exchange said it has agreed to buy Frank Russell, owner of Russell Investments, for $2.7 billion, making it one of the world's biggest providers of index services.
China Flags 'Improper' Gold-Backed Loans
Wall Street Journal - 26 Jun 2014 20:04
Chinese authorities raised concerns about the use of gold to back loans as companies exposed to a separate case of potential fraud involving metals-linked lending discussed a deal to share the possible losses.
IWD, UWM: Big ETF Inflows
Forbes - 26 Jun 2014 19:51
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Russell 1000 Value ETF (IWD), which added 16,300,000 units, or a 7.1% increase w...
Sahoo panel bats for liberal regime for Indian depository receipts
livemint.com - 26 Jun 2014 19:46
Panel says capital control regulations should be motivated only by need to address market failures
Thursday's ETF with Unusual Volume: EUFN
Forbes - 26 Jun 2014 19:46
The iShares MSCI Europe Financials ETF (EUFN) is seeing unusually high volume in afternoon trading Thursday, with over 352,000 shares traded versus three month average volume of about 125,000. Shares of EUFN were off a...
Thursday's ETF Movers: PIZ, IHF
Forbes - 26 Jun 2014 19:45
In trading on Thursday, the PowerShares DWA Developed Markets Momentum Portfolio ETF (PIZ) is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Hec...
ADP's Focus On Time And Attendance Products Should Help Increase Clients
Forbes - 26 Jun 2014 19:45
Automatic Data Processing has announced an online tool, eTimecard, which helps collect time and attendance data. The increasing requirements for time and attendance management solutions by small and medium businesses are...
Thursday Sector Laggards: Hospital & Medical Practitioners, Apparel Stores
Forbes - 26 Jun 2014 19:44
In trading on Thursday, hospital & medical practitioners shares were relative laggards, down on the day by about 1.2%. Helping drag down the group were shares of Community Health Systems (CYH), off about 3.1% and share...
Kinder Morgan Set To Benefit From Increased Production And Consumption Of Natural Gas
Forbes - 26 Jun 2014 19:42
Overall natural gas transport volumes through Q1 rose by around 5% year-over-year to around 17,938 Billion British Thermal Units(Bbtu) per day (including Copano volumes for both periods) . This growth mirrored the higher...
Thursday Sector Leaders: Metals & Mining, Defense Stocks
Forbes - 26 Jun 2014 19:42
In trading on Thursday, metals & mining shares were relative leaders, up on the day by about 0.6%. Leading the group were shares of Walter Energy (WLT), up about 7.2% and shares of Alpha Natural Resources (ANR) up abou...
Thursday 6/26 Insider Buying Report: ARCP, CSWC
Forbes - 26 Jun 2014 19:41
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
Production In Brazil To Boost Volumes And Profitability For Jaguar Land Rover
Forbes - 26 Jun 2014 19:39
In addition to lower premium vehicle ownership rate at present, growing disposable incomes and rising proportion of affluent consumers, are expected to boost growth in Brazil's luxury vehicle market going forward.