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Market News

Location American Market News for 29 September 2014
Market Report: London Mining shares plummet on cash crunch Shares in mining tiddler collapse after it admits it is running out of cash while the wider FTSE flags on Hong Kong protests
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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...
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Hong Kong protests see Asian stocks fall

Telegraph - 29 Sep 2014 13:29
How is the pro-democracy unrest in Hong Kong impacting stock markets throughout Asia?
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Ford Slammed On Lowered Profit Guidance And Product Recall 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...
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Big Splash For Alibaba Options

Forbes - 29 Sep 2014 23:44
Big Splash For Alibaba Options 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...
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10 Fund Titans All Hold Micron Technology

Forbes - 29 Sep 2014 22:35
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,750 13F filings for the 06/30/2014 reporting period, and noticed that Micron Technology Inc. (NAS...
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MCX-SX loses grip on currency derivatives

livemint.com - 29 Sep 2014 21:20
MCX-SX loses grip on currency derivatives Share in segment falls to 12%, sharply down from 41% in August 2013, as traders switch to other exchanges
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Industrial performance down, share of lending to industry up Pick-up could well be owing to increase in working capital cycles
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Dollar leapfrogs forecasts in world-beating rally

livemint.com - 29 Sep 2014 21:18
Dollar leapfrogs forecasts in world-beating rally US GDP expanded last quarter at fastest pace since 2011, compared with little or no growth in euro zone and Japan
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Strides falls for Shasun's charms

livemint.com - 29 Sep 2014 21:15
Strides falls for Shasun's charms A strong balance sheet has whetted Strides' appetite for growth, which is seen in the number of deals it has struck
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Infra firms wait and watch before launching QIPs

livemint.com - 29 Sep 2014 20:55
Infra firms wait and watch before launching QIPs Of 21 QIPs done since Jan, 8 were by infra firms, and of these, 6 have seen a sharp fall in their share prices
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Owner looks at taking Wagh Bakri public

livemint.com - 29 Sep 2014 20:44
Owner looks at taking Wagh Bakri public Gujarat Tea Processors and Packers is seeking to go public after its board recently approved the creation of a `120 crore war chest to acquire plantations
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Monday Sector Laggards: Services, Financial

Forbes - 29 Sep 2014 20:37
Monday Sector Laggards: Services, Financial 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  (...
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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...
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How To Blow Off Credit Card, Banking Fees

Forbes - 29 Sep 2014 20:24
How To Blow Off Credit Card, Banking Fees First of all, I would never suggest that you avoid paying any banking fee. It's un-American.
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Ten Top Credit Card Choices From College To Retirement Not all credit cards are created equal. Different types can help you meet different financial goals at various stages of your life, from the first days of college to the golden years and retirement. Here?s a selection of...
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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...
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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...
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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...
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Zynga Not Out Of Troubled Waters

Forbes - 29 Sep 2014 19:48
Zynga Not Out Of Troubled Waters 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...
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Dunkin' Brands To Accelerate Expansion In Western & Emerging Markets 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...
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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...
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