Market News
SEC Steps Up Probe Of Barclays Over 'Dark Pool' Trading
IBTimes - 25 Jul 2014 04:31
Barclays' legal argument, in its motion to dismiss "dark pool" fraud charges filed by New York's attorney general, may come back to haunt it.
Argentine Debt Mediator Says Time Running Short For Deal
IBTimes - 25 Jul 2014 04:31
(Reuters) - Less than a week before Argentina could default on its sovereign bonds, the government and holdout creditors have yet to meet face-to-face despite an urgent plea from the U.S. court-appointed mediator on Thur...
Citigroup Unit To Pay $5 Million To Settle SEC Charges
IBTimes - 25 Jul 2014 23:31
(Reuters) - A private trading venue owned by Citigroup (C.N) will pay a $5 million penalty to settle charges that it failed to protect customers' data, marking the latest case in a crackdown by U.S. regulators over alleg...
Zillow Inc.: World's Biggest Real Estate Website In Talks To Buy Number Two, Trulia
IBTimes - 25 Jul 2014 23:31
Zillow Inc. (NASDAQ:Z) is working on a $2 billion deal to purchase its closest rival Trulia Inc. (NASDAQ:TRLA), according to reports Thursday.
'Inversion', The Latest Buzzword At The Intersection Of Wall St. And Washington
IBTimes - 25 Jul 2014 23:31
President Obama this week joined the political discussion that's been brewing for some time in Washington about 'inversions', the latest wonky word to emerge from the intersection of Washing and Wall Street. On Thursday,...
Takeover Boom Makes Life Tougher For Short Seller Einhorn
Forbes - 25 Jul 2014 23:25
Greenlight Capital's David Einhorn laments that bad stocks he's betting against are getting bought out at rich premiums.
Rarified Territory -- Market Correction Ahead?
Forbes - 25 Jul 2014 23:01
Is the stock market going to “correct” in the near future? Frankly, I don’t know and nobody else does either. I do know market history – and history would indicate that small capitalization stock values, in p...
Code Red In High Yield
Forbes - 25 Jul 2014 22:04
In my 20 years of managing high yield bond investments, I’ve never seen so many signals that scream caution. Desperate to find yield, investors have poured billions into high yield bond funds and ETFs driving the yie...
Five S&P 500 Stocks With Rising Short Activity
Forbes - 25 Jul 2014 21:12
The most recent short interest data has just been released by the NASDAQ for the 07/15/2014 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
Friday Sector Laggards: Utilities, Services
Forbes - 25 Jul 2014 20:41
In afternoon trading on Friday, Utilities stocks are the worst performing sector, showing a 0.9% loss. Within that group, American Electric Power Company, (NYSE: AEP) and DTE Energy (NYSE: DTE) are two large stocks that ...
Friday Sector Leaders: Healthcare, Technology & Communications
Forbes - 25 Jul 2014 20:40
In afternoon trading on Friday, Healthcare stocks are the best performing sector, losing just 0.2%. Within that group, Tenet Healthcare (NYSE: THC) and Quest Diagnostics (NYSE: DGX) are two large stocks leading the way, ...
Qualcomm Popular Amongst Latest 13F Filers
Forbes - 25 Jul 2014 20:13
At Holdings Channel, we have reviewed the latest batch of the 26 most recent 13-F filings for the 06/30/2014 reporting period, and noticed that Qualcomm, Inc. (NASD: QCOM) was held by 19 of these funds. When hedge fund m...
Lexington Realty Trust's 6.50% Series C Cumulative Convertible Preferred Stock Goes Ex-Dividend Soon
Forbes - 25 Jul 2014 20:10
On 7/29/14, Lexington Realty Trust's 6.50% Series C Cumulative Convertible Preferred Stock (NYSE: LXP.PRC) will trade ex-dividend, for its quarterly dividend of $0.8125, payable on 8/15/14. As a percentage of LXP.PRC's r...
Kilroy Realty Series H Cumulative Redeemable Preferred Stock Ex-Dividend Reminder
Forbes - 25 Jul 2014 20:09
On 7/29/14, Kilroy Realty Corp's 6.375% Series H Cumulative Redeemable Preferred Stock (NYSE: KRC.PRH) will trade ex-dividend, for its quarterly dividend of $0.3984, payable on 8/15/14. As a percentage of KRC.PRH's recen...
F.N.B. Corp.'s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E Goes Ex-Dividend Soon
Forbes - 25 Jul 2014 20:08
On 7/29/14, F.N.B. Corp.'s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB.PRE) will trade ex-dividend, for its quarterly dividend of $0.4532, payable on 8/15/14. As a percentage of F...
Cash Dividend On The Way From Bombardier Series 2 Cumulative Redeemable Preferred Shares
Forbes - 25 Jul 2014 20:05
On 7/29/14, Bombardier Inc.'s Series 2 Cumulative Redeemable Preferred Shares (Toronto: BBD-PRB) will trade ex-dividend, for its monthly dividend of $0.0625, payable on 8/15/14. As a percentage of BBD.PRB's recent share ...
Brookfield Asset Management Cumulative Exchangeable Redeemable Class A Preference Shares, Series 8 About To Put More Money In Your Pocket
Forbes - 25 Jul 2014 20:04
On 7/29/14, Brookfield Asset ManagementCumulative Exchangeable Redeemable Class A Preference Shares, Series 8 (Toronto: BAM-PRE) will trade ex-dividend, for its monthly dividend of $0.0625, payable on 8/12/14. As a perce...
Friday 7/25 Insider Buying Report: SNA
Forbes - 25 Jul 2014 19:57
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 one noteworthy recent insider buy.
Earnings Review: Under Armour Posts 17th Consecutive Quarter Of Over 20% Revenue Growth
Forbes - 25 Jul 2014 19:48
Gross margins improved by 90 basis points to 49.2% in Q2 2014. The expansion in margin was driven by a higher percentage of sales of excess inventory through factory outlets, a reduction of air freight expenses and lower...
Emerging Storage, VMware And Pivotal Drive EMC's Q2 Earnings
Forbes - 25 Jul 2014 19:45
The company's services revenues rose by almost 9% over the prior year quarter to $2.6 billion while its product revenues stayed flat at about $3.3 billion. Much of the growth was driven by VMware (+17%), Pivotal (+28%) a...
State Street's Strong Q2 Results Accompanied By Higher Expense Outlook
Forbes - 25 Jul 2014 19:42
Fee revenues are not expected to see a jump similar to the one seen this quarter for the rest of the year, and the continuing pressure on net interest margins will keep interest revenues depressed. At the same time, Stat...
Pandora Looks to Challenge Terrestrial Radio's Dominance in Cars
Forbes - 25 Jul 2014 19:39
In the context of new vehicle sales, models that are not satellite enabled may be Pandora's prime target because it's much easier to beat terrestrial radio over the quality of content than satellite radio. However, custo...