Market News
Is Rackspace Looking For A Privatization Escape Route?
Forbes - 2 Jul 2014 23:49
The rumor mill was driven into high gear back in May when it was revealed that hosting and cloud infrastructure vendor Rackspace (disclosure, Rackspace sponsored a vendor neutral cloud education program I developed a cou...
GE: Top Holding Of Latest 13-F Filers
Forbes - 2 Jul 2014 22:16
At Holdings Channel, we have reviewed the latest batch of the 22 most recent 13-F filings for the 06/30/2014 reporting period, and noticed that General Electric (NYSE: GE) was held by 16 of these funds. When hedge fund m...
Hedge Funds Added To Colgate-Palmolive Positions
Forbes - 2 Jul 2014 21:51
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...
Wednesday Sector Leaders: Healthcare, Services
Forbes - 2 Jul 2014 20:51
In afternoon trading on Wednesday, Healthcare stocks are the best performing sector, higher by 0.4%. Within the sector, Vertex Pharmaceuticals (NASD: VRTX) and Regeneron Pharmaceuticals (NASD: REGN) are two of the day's ...
D.C. Water Authority to Issue 100-Year 'Green Bond'
Wall Street Journal - 2 Jul 2014 20:48
The District of Columbia Water and Sewer Authority is preparing to sell $300 million of debt that won't be paid back until 2114, the first sale of so-called "green bonds" that will carry a 100-year maturity.
Wednesday Sector Laggards: Utilities, Industrial
Forbes - 2 Jul 2014 20:39
The worst performing sector as of midday Wednesday is the Utilities sector, showing a 1.7% loss. Within that group, Entergy Corp. (NYSE: ETR) and FirstEnergy Corp. (NYSE: FE) are two of the day's laggards, showing a loss...
Jaiprakash selling shares to raise up to $250 million
livemint.com - 2 Jul 2014 20:12
Firm selling shares in the indicative price band of `70.27-74 apiece
Daily Dividend Report: LINE, LNCO, SSS, OZRK, REXI
Forbes - 2 Jul 2014 20:08
LINN Energy declared a monthly cash distribution of $0.2416 per unit, or $2.90 per unit on an annualized basis, for all of its outstanding units. The distribution will be payable July 16, 2014, to unitholders of record a...
Wednesday 7/2 Insider Buying Report: MTEX, RCAP
Forbes - 2 Jul 2014 19:56
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.
Online Travel Giants Increase Exposure To Car Rentals Market
Forbes - 2 Jul 2014 19:45
Although the contribution of car rentals and cruises to the valuation of these OTAs is in low single-digits, as per our estimates, we believe that the recent steps will help them sell more vacation packages and destinati...
Origination Fees At Banks Jump In Q2 As Debt Market Activity Recovers
Forbes - 2 Jul 2014 19:42
The recovery in debt capital markets is also highlighted by the fact that quarterly data compiled by Thomson Reuters shows a 22% increase in the total number of global debt origination deals - from 3,265 in Q1 2014 to 3,...
Salesforce Ventures Into Patient Relationship Management With Royal Philips Alliance
Forbes - 2 Jul 2014 19:39
The 'New Industries Strategy' is designed to help businesses derive greater value from their customer relationship management suites by deploying specific Salesforce CRM solutions.
Yahoo Collates Technology From Acquisitions To Strengthen its Offering
Forbes - 2 Jul 2014 19:36
We believe the company is trying to boost user engagement, increase unique user count and monetize its content more effectively through these efforts.
Wednesday's ETF with Unusual Volume: SPHD
Forbes - 2 Jul 2014 19:03
The PowerShares S&P 500 High Dividend Portfolio ETF (SPHD) is seeing unusually high volume in afternoon trading Wednesday, with over 322,000 shares traded versus three month average volume of about 47,000. Shares of SP...
Wednesday's ETF Movers: GDXJ, XLU
Forbes - 2 Jul 2014 18:59
In trading on Wednesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Great Panther Silver (GPL), up abou...
Wednesday Sector Laggards: Airlines, Electric Utilities
Forbes - 2 Jul 2014 18:58
In trading on Wednesday, airlines shares were relative laggards, down on the day by about 1.4%. Helping drag down the group were shares of United Continental Holdings (UAL), off about 6% and shares of Delta Air Lines (...
Wednesday Sector Leaders: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Forbes - 2 Jul 2014 18:57
In trading on Wednesday, precious metals shares were relative leaders, up on the day by about 1.5%. Leading the group were shares of Avino Silver & Gold Mines (ASM), up about 7.2% and shares of Great Panther Silver (GP...
GoPro's Wall Street Honeymoon Ends As Short Sellers Move In
Forbes - 2 Jul 2014 18:46
In its first four days of trading, GoPro looked like an unstoppable force. Now the stock may be cooling off.
Sebi chief to meet Arun Jaitley on Thursday
livemint.com - 2 Jul 2014 18:43
Sinha is likely to suggest steps to improve investment climate with a view to garner household savings in capital market
RBI to conduct term reverse repo auction
livemint.com - 2 Jul 2014 18:36
RBI expects to drain ` 20,000 crore of liquidity from the banking system through term reverse repo auction
Why Thousands Of Men Like JPMorgan CEO Jamie Dimon Are Getting Throat Cancer
Forbes - 2 Jul 2014 18:36
Last night, Jamie Dimon, the chief executive of banking giant JPMorgan, told employees that he is being treated for throat cancer. In a memo, he said that he would begin eight weeks of chemotherapy and radiation treatmen...
Manufacturing Sector Posts Best Job Growth Since December 2012
IBTimes - 2 Jul 2014 18:31
The U.S. manufacturing sector added 51,000 new jobs in June with a concentration in the construction industry. That's the most manufacturing jobs added since December 2009 and shows the U.S. labor market improving. That'...