Market News
Key Takeaways From BlackBerry's Q2
Forbes - 29 Sep 2014 19:36
The company's restructuring initiatives have certainly been yielding results, helping to cut quarterly adjusted net losses to around $11 million from about $60 million in the previous quarter, while reaching break even a...
Ford Slammed On Lowered Profit Guidance And Product Recall
Forbes - 29 Sep 2014 23:49
Shares of Ford skidded deep into the red Monday afternoon after comments during the company's investor day revealed that the automaker is lowering its full-year profit guidance and expects to record a more-than $1 billio...
Big Splash For Alibaba Options
Forbes - 29 Sep 2014 23:44
Options on recent IPO Alibaba (BABA) were actively traded as derivatives dealing began Monday. The stock attracted overall option volume of 122,000 contracts in its first day, which was impressive at least in contrast to...
MCX-SX loses grip on currency derivatives
livemint.com - 29 Sep 2014 21:20
Share in segment falls to 12%, sharply down from 41% in August 2013, as traders switch to other exchanges
Industrial performance down, share of lending to industry up
livemint.com - 29 Sep 2014 21:20
Pick-up could well be owing to increase in working capital cycles
Dollar leapfrogs forecasts in world-beating rally
livemint.com - 29 Sep 2014 21:18
US GDP expanded last quarter at fastest pace since 2011, compared with little or no growth in euro zone and Japan
Nickel enters bear market on LME as inventories rise to record
livemint.com - 29 Sep 2014 21:16
Inventories jumped 16% since 30 June and are heading for an 11th straight quarterly gain, the longest streak since the data begins in 1979
Strides falls for Shasun's charms
livemint.com - 29 Sep 2014 21:15
A strong balance sheet has whetted Strides' appetite for growth, which is seen in the number of deals it has struck
Infra firms wait and watch before launching QIPs
livemint.com - 29 Sep 2014 20:55
Of 21 QIPs done since Jan, 8 were by infra firms, and of these, 6 have seen a sharp fall in their share prices
Monday Sector Leaders: Utilities, Technology & Communications
Forbes - 29 Sep 2014 20:37
In afternoon trading on Monday, Utilities stocks are the best performing sector, up 0.4%. Within the sector, NiSource (NYSE: NI) and NRG Energy (NYSE: NRG) are two of the day's stand-outs, showing a gain of 6.0% and 1....
Monday Sector Laggards: Services, Financial
Forbes - 29 Sep 2014 20:37
Looking at the sectors faring worst as of midday Monday, shares of Services companies are underperforming other sectors, showing a 0.6% loss. Within that group, Discovery Communications (NASD: DISCA) and Wynn Resorts (...
Week Ahead Market Report: September 29, 2014
Forbes - 29 Sep 2014 20:26
The S&P 500, NASDAQ Composite Dow Jones Industrial Average are all lower on Monday afternoon. Some of the most actively traded stocks include TIBCO Software (TIBX) up 21.5%, Bank of America (BAC) down 0.5%, Athlon Energy...
How To Blow Off Credit Card, Banking Fees
Forbes - 29 Sep 2014 20:24
First of all, I would never suggest that you avoid paying any banking fee. It's un-American.
Daily Dividend Report: CLC, AYI, MORN, ARP, QRE
Forbes - 29 Sep 2014 20:17
CLARCOR (CLC) resolved to increase the company's regular quarterly dividend by approximately 18%, from $0.17 per share of common stock to $0.20 per share of common stock. The Board further resolved to pay the new $0.20 p...
Monday's ETF with Unusual Volume: FXN
Forbes - 29 Sep 2014 20:11
The First Trust Energy AlphaDEX Fund ETF (FXN) is seeing unusually high volume in afternoon trading Monday, with over 10.5 million shares traded versus three month average volume of about 423,000. Shares of FXN were do...
Monday's ETF Movers: XOP, ILF
Forbes - 29 Sep 2014 20:10
In trading on Monday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 0.5% on the day. Components of that ETF showing particular strength include shares of Athlon Energy (A...
Zynga Not Out Of Troubled Waters
Forbes - 29 Sep 2014 19:48
Zynga?s web bookings are declining and the company expects its full year bookings to total between $695 million and $725 million. In this context, the company?s licensing agreements with big brands continue to cast a dou...
Dunkin' Brands To Accelerate Expansion In Western & Emerging Markets
Forbes - 29 Sep 2014 19:45
Due to strong franchisee demand in the core and established markets, the company has changed its net new openings guidance. The net openings growth in the core market is expected to be in the range 15-20%, revised from t...
Walgreen's Q4'14 Earnings Preview: Top Line To Grow But Gross Margin Remains Under Pressure
Forbes - 29 Sep 2014 19:42
Walgreen expects its Q4 2014 gross margins to decline by a similar percentage year to year as that witnessed in Q3 2014. Though recent trends have put pressure on margins, we believe that Walgreen?s constant focus on low...
Morgan Stanley Doesn't Have Much To Worry About Even If Rosneft Deal Collapses
Forbes - 29 Sep 2014 19:39
While the deal is currently under review by the Committee on Foreign Investment in the United States, the increasing number of sanctions over recent months on Russia has led to the strong possibility of Rosneft backing o...
Monday Sector Laggards: Textiles, Paper & Forest Products
Forbes - 29 Sep 2014 19:37
In trading on Monday, textiles shares were relative laggards, down on the day by about 2.3%. Helping drag down the group were shares of Sequential Brands Group (SQBG) off about 2.7% on the day.
Monday Sector Leaders: Music & Electronics Stores, Entertainment Stocks
Forbes - 29 Sep 2014 19:35
In trading on Monday, music & electronics stores shares were relative leaders, up on the day by about 1.3%. Leading the group were shares of Conns (CONN), up about 6% and shares of Rent-A-Center (RCII) up about 2.1% on...