Market News
Sensex, rupee rebound as S&P revises India's sovereign rating to stable from negative
livemint.com - 26 Sep 2014 12:01
The Sensex gained 157.96 points to 26,626.32, while the rupee rose to 61.10 per dollar compared with Thursday's close of 61.35
Record Global Soybean, Wheat Crops Expected As Rice, Corn Yields Stay Flat
IBTimes - 26 Sep 2014 18:31
The 2014-2015 season's soybean and wheat crops are on track to set records, while rice and corn look poised to be more in line with last season's record crops. Soybean production is expected to hit 310 million tons, abou...
See How Exxon Mobil Corp. Ranks Among Analysts' Top Dow 30 Picks
Forbes - 26 Sep 2014 18:14
A study of analyst recommendations at the major brokerages shows that Exxon Mobil Corp. (NYSE: XOM) is the #28 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Ch...
A Volatile Week Ends On A High Note As Dow Makes Triple-Digit Swing
Forbes - 26 Sep 2014 23:06
A volatile week in the market has ended on an upswing, at least for U.S. equities: a day after hitting their lowest levels since July 31, the three major indices rebounded on Friday thanks to a solid GDP report, with the...
Nike Shares Score All-Time High As Wall Street Cheers Earnings
Forbes - 26 Sep 2014 21:49
On the heels of a better-than-expected first quarter earnings results, Nike shares are soaring -- so high, in fact, that the stock hit a brand-new all-time high in Friday trading.
Small Cap Tax Prep Outfit Liberty Looks Cheap
Forbes - 26 Sep 2014 21:29
Disclosure: David Trainer owns TAX.
The Small-Cap Conundrum
Forbes - 26 Sep 2014 21:10
The relatively weak market internals on Wednesday's rally suggested that it might not be sustainable and the weak action in the euro markets sealed the deal by Thursday's New York opening. Nevertheless, the selling was m...
TDG: Insiders vs. Shorts
Forbes - 26 Sep 2014 20:52
The most recent short interest data was recently released by the NASDAQ for the 09/15/2014 settlement date, and Transdigm Group Inc (NYSE: TDG) is one of the most shorted stocks of the Russell 3000, based on 7.74 "days t...
EXTR: Insiders vs. Shorts
Forbes - 26 Sep 2014 20:49
The most recent short interest data was recently released by the NASDAQ for the 09/15/2014 settlement date, and Extreme Networks Inc (NASD: EXTR) is one of the most shorted stocks of the Russell 3000, based on 7.95 "days...
Friday Sector Leaders: Energy, Financial
Forbes - 26 Sep 2014 20:46
In afternoon trading on Friday, Energy stocks are the best performing sector, higher by 1.2%. Within the sector, Halliburton Company (NYSE: HAL) and Tesoro Corporation (NYSE: TSO) are two large stocks leading the way, sh...
Analyst Favorites With Strong Buyback Activity: Lear Ranks As a Top Pick
Forbes - 26 Sep 2014 20:45
A study of analyst recommendations at the major brokerages shows that Lear Corp. (NYSE: LEA) is the #84 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make th...
SL Green Realty Series I Cumulative Redeemable Preferred Stock Crosses Above 6.5% Yield Territory
Forbes - 26 Sep 2014 20:44
In trading on Friday, shares of SL Green Realty Corp.'s 6.50% Series I Cumulative Redeemable Preferred Stock (NYSE: SLG.PRI) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.625), with ...
Allstate Fixed Rate Noncumulative Perpetual Preferred Stock Shares Cross 6.5% Yield Mark
Forbes - 26 Sep 2014 20:41
In trading on Friday, shares of Allstate Corp.'s Fixed Rate Noncumulative Perpetual Preferred Stock (NYSE: ALL.PRD) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6562), with shares c...
Starboard Seeks Yahoo, AOL Tie-Up
Wall Street Journal - 26 Sep 2014 20:30
Activist investor Starboard Value said it has taken a significant stake in Yahoo and pushed the Internet pioneer to explore a possible combination with AOL.
Weekly Market Wrap: September 26, 2014
Forbes - 26 Sep 2014 20:11
The thirty ninth trading week of 2014 comes to a close with the S&P 500, NASDAQ composite and Dow Jones all higher in mid-afternoon trading today.
Alibaba Gives Bigger Incentive Fees to Credit Suisse, Morgan Stanley
Wall Street Journal - 26 Sep 2014 20:10
In its final doling out of fees to underwriters for their work on the offering, Alibaba rewarded Credit Suisse Group Inc. and Morgan Stanley the biggest share of a $50 million incentive pool.
This Stock Has A 10.28% Yield and Sells For Less Than Book
Forbes - 26 Sep 2014 20:00
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
Micron Closes Its Fiscal 2014 On A Strong Note Driven By Healthy Memory Market Conditions
Forbes - 26 Sep 2014 19:48
With a large and diverse memory product portfolio across a number of end-market segments, and the second largest installed manufacturing capacity, Micron is in a strong position to benefit from the improving industry dyn...
Here's Why Marcellus Shale Play Is So Important For Chesapeake
Forbes - 26 Sep 2014 19:45
The Marcellus is one of the company's most lucrative natural gas plays. For instance, the company is targeting a rate of return of over 110% on its wells, assuming that gas prices are around $4 per mcf, with an initial i...
JPMorgan Sells Health Savings Account Unit To Webster Financial
Forbes - 26 Sep 2014 19:42
The deal will see 700,000 accounts changing hands and includes $1.3 billion in deposits and $175 million in investments currently held by JPMorgan Chase Bank. JPMorgan's decision to exit the HSA business despite the stea...
Ford's Russia Woes Could Affect European Operations Negatively
Forbes - 26 Sep 2014 19:39
According to the latest report by the Association of European Business, sales of new cars and light commercial vehicles (LCVs) in Russia dropped by nearly 26% in August on a year-over-year basis. The one hurt most by th...
Friday 9/26 Insider Buying Report: IRET
Forbes - 26 Sep 2014 19:37
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 ...