Market News
Koch Brothers, Walton Heirs, Warren Buffett, Bill Gates and Other US Billionaires Lost More Than $17B In Thursday Stock Market Rout
IBTimes - 1 Aug 2014 18:31
The U.S. stock market had its worst day in months on Thursday, falling more than 300 points and wiping out all of the month's previous gains. U.S. billionaires also felt the pain, and according to calculations by Bloombe...
China's Corruption Probe Widens As Government Detains Edelman PR Boss
IBTimes - 1 Aug 2014 21:31
The U.S.-based public relations company Edelman said Friday it doesn't know the whereabouts of Steven Cao, head of its China operations, following Cao's detention by police several days ago. Cao is cooperating in a Chine...
Here's How The US Unemployment Rate Rose Though More People Got Jobs
IBTimes - 1 Aug 2014 18:31
There's a reason economics is called the dismal science. Sometimes it defies logic, and today's U.S. government report on U.S. labor conditions provides a good example; the economy added 209,000 new jobs in July, yet the...
Argentina Defaults On Its Debt....Again
Forbes - 1 Aug 2014 23:03
The recent Argentine debt default has many tentacles and its effects could be far reaching. Moreover, this is the second default from this South American country in the past 13 years. Learn more about Argentina's economy...
Latest 13-F Filers Hold General Electric
Forbes - 1 Aug 2014 22:12
At Holdings Channel, we have reviewed the latest batch of the 29 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...
Buy The Dip, Bail Out, Or Just Worry?
Forbes - 1 Aug 2014 22:09
Here we are in August and the debate still continues as to whether the promised bounce-back from the winter slowdown took place, or if the economy is in an ongoing slump.
Neverland Ranch For Sale?: Michael Jackson's Famed Estate Could Fetch $50M [PHOTOS]
IBTimes - 1 Aug 2014 21:31
The home of the late Michael Jackson, his chimp friend Bubbles, a menagerie and even a carnival, is going up for sale. Neverland Ranch, the sprawling 2,800-acre California ranch built by the King of Pop as a kind of test...
US Unemployment Report July 2014: Young Black And Hispanic Workers Still Face Toughest Hunt For Jobs
IBTimes - 1 Aug 2014 21:31
Tucked in among all the data in the latest jobs report, released Friday, is one troubling metric that throws cold water on what looks like sustainable job growth. That statistic is called, in economics, the employment-to...
Bankrupt California City Of San Bernardino Looks To Medical Marijuana To Generate New Taxes
IBTimes - 1 Aug 2014 21:31
The second-largest city in the U.S. to declare bankruptcy has a new solution for how to grow its struggling economy: legal marijuana. San Bernardino, California, 60 miles east of Los Angeles, is looking to raise new taxe...
Friday Sector Leaders: Utilities, Consumer Products
Forbes - 1 Aug 2014 20:34
Looking at the sectors faring best as of midday Friday, shares of Utilities companies are outperforming other sectors, up 0.7%. Within that group, Exelon (NYSE: EXC) and Edison International (NYSE: EIX) are two of the da...
Walt Disney Popular Amongst Latest 13F Filers
Forbes - 1 Aug 2014 20:23
At Holdings Channel, we have reviewed the latest batch of the 47 most recent 13-F filings for the 06/30/2014 reporting period, and noticed that Walt Disney (NYSE: DIS) was held by 20 of these funds. When hedge fund manag...
Forex reserves rise to near record on steady dollar inflow
livemint.com - 1 Aug 2014 20:00Daily Dividend Report: UNP, MSI, EMC, HCP, HCN, ZTS, HOT, TSN
Forbes - 1 Aug 2014 19:49
Union Pacific (UNP) voted to increase the quarterly dividend on the company's common shares by 10 percent to 50 cents per share. The increased dividend is payable October 1, 2014, to shareholders of record August 29, 201...
How a Corporate 'Inversion' Could Raise Your Taxes
Wall Street Journal - 1 Aug 2014 19:47
Tax Report: Shareholders in U.S. companies involved in inversion deals are likely to owe capital-gains tax.
Market Correction? How The Rich Are Investing Now
Forbes - 1 Aug 2014 19:44
According to a recent report by Tiger 21, North Americas premier peer-to-peer learning network for high net worth investors with a collective $25 Billion in assets, wealthier investors have shifted their investment alloc...
U.S. Stocks Pull Back
Wall Street Journal - 1 Aug 2014 19:42
U.S. stocks pulled back as global credit-market woes put investors on the defensive, despite a jobs report that investors said was bullish for equities.
Time Warner To Benefit As TNT's New Programming Boosts Advertising And Subscription Growth
Forbes - 1 Aug 2014 19:39
The network continued to benefit from strong viewership of Rizzoli & Isles and Major Crimes. Higher ratings translate into higher advertising income as well as licensing and subscription revenues for the content owners. ...
Friday 8/1 Insider Buying Report: HLF
Forbes - 1 Aug 2014 19:36
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: Tesla Beats Deliveries Guidance, On Track To Meet 2014 Targets
Forbes - 1 Aug 2014 19:36
The automaker produced 8,763 Model S vehicles and delivered a total of 7,579 vehicles, outpacing its own guidance by a small margin. This means that Tesla is on course to meet the 35,000 deliveries target for the full-ye...
Behind the Hiring of a CEO's Daughter by Banks Angling for China IPO
Wall Street Journal - 1 Aug 2014 19:33
As banks angled to participate in the IPO of China's Tianhe Chemicals, three of them--UBS, Investec and J.P. Morgan Chase--hired the daughter of the CEO.
Can You Afford to Leap Into Early Retirement?
Wall Street Journal - 1 Aug 2014 19:06
The five-year rally in stocks has bolstered workers' nest eggs. But consider these six issues first.
S&P 500 poised for worst week in two years while treasuries gain
livemint.com - 1 Aug 2014 19:00
The S&P 500 was down 0.6% to a two-month low of 1,919.44