Market News
Daily Dividend Report: DUK, WSO, RPM, AFG, EME
Forbes - 1 Jul 2014 20:58
Duke Energy declared a quarterly cash dividend on its common stock of $0.795 per share, an increase of $0.015 per share or about 2 percent. The dividend is payable on Sept. 16, 2014, to shareholders of record at the clos...
The Fed, Monetary Expansion, And Inflation
Forbes - 1 Jul 2014 03:23
With the massive monetary expansion since the 2008 crisis, why isn't inflation higher than it is? There is a very good reason for this.
World Cup Bettors Eat Into Macau's Gambling Revenues As Receipts Fall For First Time In 5 Years
IBTimes - 1 Jul 2014 22:31
Gamblers are turning away from casinos and toward soccer fields, at least this month. Macau's monthly casino revenue dropped 3.7 percent to $3.4 billion (27 billion patacas) in June, its first drop in five years, as high...
These 23 Charts Prove That Stocks Are Heading For A Devastating Crash
Forbes - 1 Jul 2014 21:52
If you've been doubting whether the stock market is experiencing a bubble, these 23 terrifying charts will put those doubts to rest.
Hedge Funds Added To QEP Resources Positions
Forbes - 1 Jul 2014 21:01
At Holdings Channel, we have reviewed 3,692 13-F filings for the 06/30/2014 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...
Sebi attempt to review delisting norms gets differing views
livemint.com - 1 Jul 2014 20:52
Opinions are divided on the issue of whether the reverse book-building process should continue to be used for determining the price for delisting
Tuesday Sector Leaders: Healthcare, Technology & Communications
Forbes - 1 Jul 2014 20:47
In afternoon trading on Tuesday, Healthcare stocks are the best performing sector, up 1.5%. Within that group, Regeneron Pharmaceuticals (NASD: REGN) and Alexion Pharmaceuticals (NASD: ALXN) are two of the day's stand-ou...
Tuesday Sector Laggards: Utilities, Energy
Forbes - 1 Jul 2014 20:46
The worst performing sector as of midday Tuesday is the Utilities sector, showing a 0.7% loss. Within that group, Exelon (NYSE: EXC) and NRG Energy (NYSE: NRG) are two of the day's laggards, showing a loss of 2.3% and 1....
Regulations yet to catch up with India's illegal chit fund industry
livemint.com - 1 Jul 2014 20:31BNP Paribas Seeks to Allay Concerns
Wall Street Journal - 1 Jul 2014 20:10
The French bank sought to allay concerns about its ability to weather a $9 billion settlement with U.S. authorities, saying it has ample cash to cover penalties and faces no urgency to boost its capital cushion.
Schlumberger And Halliburton Are Bedrock Energy Winners
Forbes - 1 Jul 2014 19:54
During Schlumberger's daylong session for Wall Street, the stock spiked by 6% in a couple of hours. One analyst jumped in and raised his price target from $109 to $160. I'm at $180 a couple of years out.
U.S. Bancorp Settles Mortgage Issue With DOJ For $200 Million
Forbes - 1 Jul 2014 19:46
The settlement is yet another victory for the DOJ, which has been doggedly pursuing the issue of problematic mortgage practices by the country's lenders - something that was a major factor responsible for the downturn of...
Morgan Stanley Advisers Free to Tweet
Wall Street Journal - 1 Jul 2014 19:44
Morgan Stanley's 16,000-plus financial advisers will soon be allowed to craft their own 140-character messages on their official firm Twitter accounts.
First Solar Makes Progress In Chile As Funding For Luz del Norte Project Is Approved
Forbes - 1 Jul 2014 19:40
Although the project is significantly smaller than some of First Solar's North American projects, we believe that it should allow the company to gain a foothold in Chile's nascent, yet promising solar market.
AT&T Sells Stake In America Movil To Mitigate Regulatory Concerns About DirecTV Deal
Forbes - 1 Jul 2014 19:37
Inmobiliaria Carso will pay AT&T $5.57 billion for its 8.3% stake, of which $4.57 billion will be paid at the close of the deal and the remaining $1 billion within the subsequent 60 days. The cash generated from this sal...
Tuesday 7/1 Insider Buying Report: PZN, OAS
Forbes - 1 Jul 2014 19:34
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.
Tuesday's ETF with Unusual Volume: SPHD
Forbes - 1 Jul 2014 19:10
The PowerShares S&P 500 High Dividend Portfolio ETF (SPHD) is seeing unusually high volume in afternoon trading Tuesday, with over 269,000 shares traded versus three month average volume of about 43,000. Shares of SPHD...
Tuesday's ETF Movers: FM, GDXJ
Forbes - 1 Jul 2014 19:09
In trading on Tuesday, the iShares MSCI Frontier 100 ETF (FM) is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of BBVA Banco Frances (BFR), up abo...
Tuesday Sector Laggards: Rental, Leasing, & Royalty, Waste Management Stocks
Forbes - 1 Jul 2014 19:08
In trading on Tuesday, rental, leasing, & royalty shares were relative laggards, down on the day by about 0.5%. Helping drag down the group were shares of Mesa Royalty Trust (MTR), off about 3.3% and shares of Research...
Tuesday Sector Leaders: Computers, Education & Training Services
Forbes - 1 Jul 2014 19:07
In trading on Tuesday, computers shares were relative leaders, up on the day by about 2%. Leading the group were shares of 3D Systems (DDD), up about 12.2% and shares of Stratasys (SSYS) up about 9.7% on the day.