Market News

On 8/28/14, RAIT Financial Trust's 8.375% Series B Cumulative Redeemable Preferred Shares (NYSE: RAS.PRB) will trade ex-dividend, for its quarterly dividend of $0.5234, payable on 9/30/14. As a percentage of RAS.PRB's re...

Going by the previous episodes, Indian markets have little to worry

The drama leading to the Microsoft ex-chief's first days as the Los Angeles Clippers' owner shows his unusual transformation from tech titan to rookie basketball mogul.

Index boosted by economic data pointing to renewed confidence in the world's largest economy

The Sultanate of Oman’s oil and gas industry is undergoing a much needed revival. During the late 1990s, exploration and production (E&P) activity saw the country produce 950,000 barrels of oil equivalent per day (boep...

FTIL clarification in response to FIR registered by CBI

As mutual fund and other stock holders cheered the intra-day move above the 2000 level in the S&P 500 not all stock holders were happy. The weak data on New Home Sales hit the homebuilders and the Semiconductor Holders E...

In afternoon trading on Tuesday, Energy stocks are the best performing sector, up 0.8%. Within that group, Transocean (NYSE: RIG) and Diamond Offshore Drilling (NYSE: DO) are two large stocks leading the way, showing a g...

Looking at the sectors faring worst as of midday Tuesday, shares of Utilities companies are underperforming other sectors, showing a 0.9% loss. Within the sector, Entergy (NYSE: ETR) and Ameren (NYSE: AEE) are two large ...

In its upcoming earnings release, we expect the company to report low single-digit y-o-y growth in operating revenues on account of a steady increase in fixed broadband users, but weak quarterly performance in terms of w...

On 8/28/14, State Street Corp.'s Non-Cumulative Perpetual Preferred Stock, Series C (NYSE: STT.PRC) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 9/15/14. As a percentage of STT.PRC's recent s...

While Alaska raised its flying capacity by 7% annually, United - the second largest U.S. carrier - raised its flying capacity by slightly over 1% annually last month. The remaining four airlines - American, Delta, Southw...

On 8/28/14, Webster Financial Corp's 6.40% Series E Non-Cumulative Perpetual Preferred Stock (NYSE: WBS.PRE) will trade ex-dividend, for its quarterly dividend of $0.40, payable on 9/15/14. As a percentage of WBS.PRE's r...

The top four banks reported almost $400 billion in total payments made by customers using cards issued by them in Q2 2014 - making this the best quarter in this regard since the economic downturn of 2008. The primary rea...

While Chevron's net hydrocarbon production, which is expected to remain largely flat this year, declined slightly due to increased downtime and normal field declines, both Exxon and BP reported a sharp 6% decline in upst...

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to ...

Although the company has seen its volumes soar over the last several quarters, it remains one of the few tier-1 Chinese panel manufacturers yet to return to profitability. We do not expect to see a turnaround this quarte...

On 8/28/14, iStar Financial Inc's 7.8% Series F Cumulative Redeemable Preferred Stock (NYSE: STAR.PRF) will trade ex-dividend, for its quarterly dividend of $0.4875, payable on 9/15/14. As a percentage of STAR.PRF's rece...

On 8/28/14, Pennsylvania Real Estate Investment Trust's 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares (NYSE: PEI.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 9/16/14. A...

On 8/28/14, Goodrich Petroleum Corp.'s 10.00% Series C Cumulative Preferred Stock (NYSE: GDP.PRC) will trade ex-dividend, for its quarterly dividend of $0.625, payable on 9/15/14. As a percentage of GDP.PRC's recent shar...

On 8/28/14, Chesapeake Energy Corp.'s 4.50% Cumulative Convertible Preferred Stock (NYSE: CHK.PRD) will trade ex-dividend, for its quarterly dividend of $1.125, payable on 9/15/14. As a percentage of CHK.PRD's recent sha...

On 8/28/14, Associated Banc-Corp.'s 8.00% Perpetual Preferred Stock, Series B (NYSE: ABW.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 9/15/14. As a percentage of ABW.PRB's recent share pri...