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Location American Market News for 23 July 2014
(Reuters) - AT&T Inc said on Wednesday its quarterly revenue rose, but slightly less than Wall Street forecasts, as a popular offering to bill customers for devices separately from their wireless plans drew in the most c...
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Facebook Inc. (NASDAQ:FB) announced Wednesday afternoon that its second-quarter earnings results had beat Wall Street expectations, sending the social network's stock soaring in after-market trading.
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In the six days since Malaysia Airlines Flight 17 was brought down by a missile over eastern Ukraine, amid intensifying suspicions of Russian involvement, the European Union has struggled to reconcile its desire to sanct...
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Wednesday Sector Leaders: Healthcare, Energy ooking at the sectors faring best as of midday Wednesday, shares of Healthcare companies are outperforming other sectors, up 1.0%. Within the sector, Intuitive Surgical (NASD: ISRG) and Biogen Idec (NASD: BIIB) are two o...
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After a two-year slumber following a decade of record capital inflows, private equity (PE) in the Asia-Pacific region posted a surprisingly strong start in 2014. Investment value in the first quarter shot up to $22 billi...
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Another commodity exchange, another fraud

livemint.com - 23 Jul 2014 19:53
Another commodity exchange, another fraud Signs of fraudulent trading practices have emerged in another corner of the commodity markets--at Universal Commodity Exchange
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While Broadcom continued to witness strong growth in its broadband and infrastructure business segments, it reported a steep decline (8% sequential and 19% annual decline) in its mobile and wireless business, mainly driv...
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Microsoft was able to buck the declining PC sales trend as its Windows original equipment manufacturing revenues grew by 3% year over year driven by strong growth in Windows OEM Pro revenue. It did show less of a lift in...
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With coffee prices skyrocketing over the past six months, the strategy of hedging coffee prices for longer duration has given the coffee giant an edge over its competitors. In addition to this, the company's plan of vent...
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Broken ties with Ukraine could cost Russia hundreds of millions over the next few years. The country's defense industry is highly dependent on Ukrainian imports and switching to source Russian-made equipment won't be eas...
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Facebook Inc. (NASDAQ:FB) is expected to report enormous second-quarter revenue growth as the world's largest social network benefited from advertising tied to the recently completed World Cup and the introduction of its...
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S&P 500 Analyst Moves: EIX

Forbes - 23 Jul 2014 18:37
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Edison International (EIX) is now the #18 analyst pick, moving up by 1 spot.
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Dow Analyst Moves: GS

Forbes - 23 Jul 2014 18:36
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Goldman Sachs Group (GS) is the #30 analyst pick. Within the broader S&P 500...
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Wednesday's ETF with Unusual Volume: PPH

Forbes - 23 Jul 2014 18:26
The Pharmaceutical ETF (PPH) is seeing unusually high volume in afternoon trading Wednesday, with over 377,000 shares traded versus three month average volume of about 101,000. Shares of PPH were down about 0.1% on the d...
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Wednesday's ETF Movers: XBI, SOXX

Forbes - 23 Jul 2014 18:25
In trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 6.3% on the day. Components of that ETF showing particular strength include shares of Puma Biotechnology (PBYI), up about 291....
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In trading on Wednesday, semiconductors shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of Xilinx (XLNX), down about 14.3% and shares of Lattice Semiconductor (LSCC) ...
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In trading on Wednesday, biotechnology shares were relative leaders, up on the day by about 3.2%. Leading the group were shares of Puma Biotechnology (PBYI), up about 291.1% and shares of Oncothyreon (ONTY) up about 20% ...
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Cairn's oil output leaves investors thirsty

livemint.com - 23 Jul 2014 18:06
Cairn's oil output leaves investors thirsty Investors are worried about production ramp-up or rather the lack of it
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Earnings Increase Expected for D.R. Horton

Forbes - 23 Jul 2014 18:00
Wall Street is high on D.R. Horton, expecting it to report earnings that are up 17% from a year ago when it reports its second-quarter earnings on Thursday, July 24, 2014. The consensus estimate is 49 cents per share, up...
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Earnings for Gentex Projected to Rise

Forbes - 23 Jul 2014 18:00
Wall Street is optimistic about Gentex, which is slated to report its second quarter results on Thursday, July 24, 2014. Analysts project a profit of 48 cents a share, a rise from 36 cents per share a year ago.Over the p...
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EPS Estimates Down for Chubb In Past Month

Forbes - 23 Jul 2014 18:00
Leading up to Chubb's announcement of its second-quarter earnings on Thursday, July 24, 2014 analysts have become more wary as expectations have fallen over the past month to earnings of $1.90 per share from earnings of ...
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Despite an expected dip in profit, analysts are generally optimistic about Starwood Hotels & Resorts Worldwide as it prepares to reports its second-quarter earnings on Thursday, July 24, 2014. The consensus earnings per ...
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