Market News
Coffee Is Percolating Again in East Africa
Wall Street Journal - 29 Aug 2014 05:12
Higher prices since 2010 have triggered a rush back to the coffee fields of East Africa, a development that could help bring greater stability to the global coffee market.
Bankers Lament Loss of Code Names for Deals
Wall Street Journal - 29 Aug 2014 04:53
For the young bankers, choosing code names for deals are an amusing diversion from financial modeling, but one deal-making powerhouse is putting an end to the name game.
Friday Sector Leaders: Energy, Utilities
Forbes - 29 Aug 2014 20:47
In afternoon trading on Friday, Energy stocks are the best performing sector, up 0.7%. Within the sector, Newfield Exploration (NYSE: NFX) and Murphy Oil (NYSE: MUR) are two large stocks leading the way, showing a gain o...
Cloud-Based Products To Drive ADP's Growth Post Dealer Services Spin Off
Forbes - 29 Aug 2014 19:45
ADP recently announced that it intends to increase focus on its cloud-based and Affordable Care Act oriented products in order to drive growth in revenues once the Dealer Services segment is spun off. This is the first s...
A Closer Look At ConocoPhillips' Key Business Drivers
Forbes - 29 Aug 2014 19:45
Based on the second quarter earnings announcement, we revised our price estimate for ConocoPhillips to $85/share, which is around 12.8x our 2014 full-year adjusted diluted EPS estimate for the company. The valuation of a...
Cocoa Rises to Near 3-Year High
Wall Street Journal - 29 Aug 2014 19:44
Cocoa prices were trading near a more-than-three-year high Friday as strong demand for chocolate continued to buoy the market, overshadowing an uptick in production.
Burger King-Tim Hortons Cross-Border Merger Much More Than Tax Inversion
Forbes - 29 Aug 2014 19:42
The merger with Tim Hortons provides Burger King with everything from incremental revenues to expansion scope, from tax savings to better menu resources. Even though it might not be enough to outpace the industry leaders...
Possible EU Investigation Add To Qualcomm's Regulatory Problems
Forbes - 29 Aug 2014 19:40
Qualcomm occupies the top slot in the global mobile chipset market, which makes the company vulnerable to a rising number of allegations against it for abusing its market dominance and indulging in monopolistic practices...
Ford's U.S. Profits Under Threat
Forbes - 29 Aug 2014 19:38
Ford has been heavily dependent on its North America operations for profit. Ford's North America division was more profitable than the entire company on a pre-tax basis in the latest quarter. If incentives on new cars ke...
Africa Corruption Risk Remains Despite White House Investment Push
Forbes - 29 Aug 2014 18:15
By Raymond Barrett
How to Fire Your Financial Adviser
Wall Street Journal - 29 Aug 2014 17:50
Weekend Investor: Cutting ties with someone who has helped you navigate tough financial issues can be difficult. Here's how to go about it.
S&P 500 Analyst Moves: COF
Forbes - 29 Aug 2014 17:49
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Capital One Financial (COF) is now the #123 analyst pick, moving up by 3 spots. Th...
Dow Analyst Moves: CVX
Forbes - 29 Aug 2014 17:48
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Chevron (CVX) is the #16 analyst pick. Despite being ranked lower than the...
Funds Added To Netflix Positions
Forbes - 29 Aug 2014 17:45
At Holdings Channel, we have reviewed 3,733 13F 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 13F filers. For each compone...
Use Options For a Chance To Buy Realty Income at a 22% Discount
Forbes - 29 Aug 2014 17:44
Looking back to 156 days ago, Realty Income Corp. (NYSE: O) priced a 12,000,000 share secondary stock offering at $39.96 per share. Buyers in that offering made a considerable investment into the company, expecting that ...
Weekly Market Wrap: August 29, 2014
Forbes - 29 Aug 2014 17:42
The thirty fifth trading week of 2014 comes to a close with the S&P 500 and NASDAQ higher and the Dow Jones flat in late morning trading today.
China Stocks To Buy: Here Are The Top 10 Stocks In The Biggest China Exchange Traded Fund That Buyers Are Gobbling Up
IBTimes - 29 Aug 2014 17:31
A U.S.-listed exchange traded fund that invests in Chinese companies is attracting new investors at the fastet rate in a couple of years as reports indicate that China's government will soon take steps to stimulate the n...
Labor Day Travel 2014: Knee Defender, Controversial Device To Block Plane Seats From Reclining, May Be A Big Hit As Sales Soar
IBTimes - 29 Aug 2014 17:31
Ira Goldman is one happy flier these days. Goldman's little contribution to air travel comfort has flown under the radar until now, but sales of his Knee Defender, a pair of small clips that prevent passengers in front o...
Commit To Buy Facebook At $57.50, Earn 7.7% Using Options
Forbes - 29 Aug 2014 17:24
Investors eyeing a purchase of Facebook, Inc. (NASD: FB) shares, but tentative about paying the going market price of $74.68/share, might benefit from considering selling puts among the alternative strategies at their di...
Daily Dividend Report: EIX, RRC, LRCX, LINE, LNCO, PKG, BIG, BWS
Forbes - 29 Aug 2014 17:22
Edison International (EIX) declared a quarterly common stock dividend of $0.355 per share, payable on October 31, 2014, to shareholders of record on September 30, 2014.
Friday's ETF with Unusual Volume: IXN
Forbes - 29 Aug 2014 17:15
The iShares Global Tech ETF (IXN) is seeing unusually high volume in afternoon trading Friday, with over 66,000 shares traded versus three month average volume of about 38,000. Shares of IXN were up about 0.2% on the d...
Friday's ETF Movers: XBI, PIZ
Forbes - 29 Aug 2014 17:12
In trading on Friday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of United Therapeutics (UTHR), up about 15.9% ...