Market News
China Securitization Stirs Worry
Wall Street Journal - 3 Sep 2014 05:47
China's securitization market is booming, as Beijing relaxes rules to help funding for companies and ease the strains on banks, triggering worries the surge could add risks to the financial system.
Banks' Fee Bonanza Dries Up
Wall Street Journal - 3 Sep 2014 05:41
Banks are making less of their money from customer-account fees than at any time in the past seven decades as strict government rules and changing consumer behavior squeeze a major source of revenue.
Wednesday Sector Laggards: Industrial, Consumer Products
Forbes - 3 Sep 2014 20:37
The worst performing sector as of midday Wednesday is the Industrial sector, showing a 0.1% loss. Within that group, Delta Air Lines (NYSE: DAL) and Stericycle (NASD: SRCL) are two large stocks that are lagging, showing ...
Russia Ukraine Crisis: Domestic Russian Air Travel Grows As Conflict, Low Fares Keep Tourists At Home
IBTimes - 3 Sep 2014 20:31
Air travel remained flat globally in July, but the overall data masked solid growth in regional markets, which offset modest weakness in places like China, which is experiencing slowing growth, and Europe, itself fightin...
Apple Stock Price Falls: Jennifer Lawrence Nude Photo Hack, Analyst Comments Weigh On iPhone Maker's Shares
IBTimes - 3 Sep 2014 20:31
Apple Corp. (NASDAQ:AAPL) shares fell almost 3 percent in Wednesday-morning trading over concerns sparked by security issues with its iCloud data storage product and an analyst note suggesting investors take profits ahea...
ECB Meeting Thursday: Draghi vs Germany As Europe's Top Central Banker Backs Stimulus But Merkel Pushes Back
IBTimes - 3 Sep 2014 20:31
(Reuters) - Expectations for further policy action at the European Central Bank's meeting on Thursday are running high after ECB President Mario Draghi pledged to use all available tools to keep prices in check. But inve...
Ebola's Expanding Reach: Thai Rice Shipments Slowed By West Africa Outbreak
IBTimes - 3 Sep 2014 20:31
The West African Ebola virus outbreak is rippling through the continent's import markets, and Thailand, one of the world's largest rice exporters, is feeling the pinch. The Thai rice industry has already been hurt by pol...
Gold Sees A Short-Covering Bounce; Key Economic Data Now On Deck
Forbes - 3 Sep 2014 20:14
(Kitco News) - Gold prices ended the U.S. day session modestly higher Wednesday, on a mild short-covering correction after hitting a 10-week low in overnight trading. The market place now awaits key economic data due ou...
New Coverage On Anheuser-Busch InBev: Price Estimate At $113
Forbes - 3 Sep 2014 19:58
Anheuser-Busch InBev is the world?s largest beer manufacturer, selling nearly 426 million hectoliters worldwide in 2013. The brewer?s flagship global beer brands include Budweiser, which formed 9.2% of the net volumes la...
Trina Solar Expands Project Business With Yunnan Metallurgical New Energy Acquisition
Forbes - 3 Sep 2014 19:45
Trina Solar , one of China's largest solar companies, announced that it would be acquiring a 90% stake in solar project developer Yunnan Metallurgical New Energy Co, which is about to begin construction on a 300 MW proje...
Volkswagen's Operating Profits Boosted By Porsche
Forbes - 3 Sep 2014 19:42
Going forward, Volkswagen?s profits could rise on the back of anticipated growth in high-end luxury vehicle volumes, owing to rising wealth and deeper penetration in developing markets. In the second quarter as well, ope...
An Upward Revision Of Our HP Price Estimate To $30
Forbes - 3 Sep 2014 19:39
HP has reinvigorated its product lines by launching new products and increasing its R&D efforts. We believe that a product refresh has augured well for the company as its share in both PC and printer hardware industry ha...
Wednesday 9/3 Insider Buying Report: NEON, VSCP
Forbes - 3 Sep 2014 19:39
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 two noteworthy recent insider buys.
Which Swiss Bank Has The Better Business Model: UBS or Credit Suisse?
Forbes - 3 Sep 2014 19:36
While UBS decided to expand its wealth management unit and do away with large parts of its investment banking division ? shrinking its fixed-income business to a fraction of its original size ? Credit Suisse opted to ret...
Wednesday's ETF with Unusual Volume: IGV
Forbes - 3 Sep 2014 19:32
The iShares North American Tech-Software ETF (IGV) is seeing unusually high volume in afternoon trading Wednesday, with over 595,000 shares traded versus three month average volume of about 124,000. Shares of IGV were ...
Wednesday's ETF Movers: GXC, ITB
Forbes - 3 Sep 2014 19:30
In trading on Wednesday, the SPDR S&P China ETF (GXC) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of E-House China Holdings (EJ), up about 4....
Wednesday Sector Laggards: General Contractors & Builders, Music & Electronics Stores
Forbes - 3 Sep 2014 19:28
In trading on Wednesday, general contractors & builders shares were relative laggards, down on the day by about 2.4%. Helping drag down the group were shares of Toll Brothers (TOL), off about 4.3% and shares of M/I Hom...
Wednesday Sector Leaders: Paper & Forest Products, Non-Precious Metals & Non-Metallic Mining
Forbes - 3 Sep 2014 19:27
In trading on Wednesday, paper & forest products shares were relative leaders, up on the day by about 1%. Leading the group were shares of Aspen Aerogels (ASPN), up about 3.1% and shares of Verso Paper (VRS) up about 3...
Investing Is A Game Of Inches (NFL Edition)
Forbes - 3 Sep 2014 17:55S&P 500 Analyst Moves: AKAM
Forbes - 3 Sep 2014 17:47
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Akamai Technologies (AKAM) is now the #26 analyst pick, moving up by 1 spot. This ...
Dow Analyst Moves: HD
Forbes - 3 Sep 2014 17:46
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Home Depot (HD) is the #8 analyst pick. Home Depot Inc also comes in above...
One REIT Ready to Breakout
Forbes - 3 Sep 2014 17:45
Stocks closed mixed Tuesday as both the Dow Industrials and S&P 500 finished the day a bit lower. The Dow Transports led the way gaining 1.29% followed by the 0.55% gain in the small-cap S&P 600. Despite the recent new m...