Market News
JP Morgan Says 76 Million Households Affected By Data Breach
Forbes - 2 Oct 2014 23:51
JPMorgan Chase, the nation's largest bank by assets, has revealed the scope of the cyber-attack that compromised its data in mid-August: 76 million households and 7 million small businesses.
General Electric Popular Amongst Latest 13F Filers
Forbes - 2 Oct 2014 22:11
At Holdings Channel, we have reviewed the latest batch of the 20 most recent 13F filings for the 09/30/2014 reporting period, and noticed that General Electric Co (NYSE: GE) was held by 12 of these funds. When hedge fund...
Ethanol Prices Run Out of Fuel
Wall Street Journal - 2 Oct 2014 22:03
A spike in supplies has sent U.S. ethanol prices tumbling to four-year lows and curbed profits for an industry that had posted robust earnings for most of this year.
Thursday Sector Leaders: Consumer Products, Services
Forbes - 2 Oct 2014 20:39
In afternoon trading on Thursday, Consumer Products stocks are the best performing sector, up 0.5%. Within that group, Fossil Group (NASD: FOSL) and McCormick (NYSE: MKC) are two large stocks leading the way, showing a g...
Thursday Sector Laggards: Materials, Energy
Forbes - 2 Oct 2014 20:38
In afternoon trading on Thursday, Materials stocks are the worst performing sector, showing a 0.4% loss. Within that group, Nabors Industries (NYSE: NBR) and LyondellBasell Industries (NYSE: LYB) are two of the day's lag...
Agreements With Motorola, Bristol-Myers To Boost Boost to Prudential's Retirement Business
Forbes - 2 Oct 2014 19:48
We expect the two deals to fuel solid growth for the company. Deals such as these have been a good way for the company to limit its exposure to interest-rate risk and poor investment returns, thus avoiding capital defici...
Online Growth And Store Consolidation Will Help Guess's Store Productivity
Forbes - 2 Oct 2014 19:45
Going forward, we expect the retailer?s store productivity to improve, driven by incremental online sales, the development of an omni-channel platform and consolidation of an under-performing store network. Guess?s onlin...
Lear Corporation Priced Higher On Strong Growth Expectations
Forbes - 2 Oct 2014 19:42
In addition to high vehicle demand in key markets, boosting volumes for Lear?s automaker clients and in turn for the company, interior content percentage in vehicles is also rising. Improving sales of premium vehicles an...
Bristol Myers Squibb Getting Close To Lung Cancer Approval For Nivolumab
Forbes - 2 Oct 2014 19:39
These developments are encouraging for Bristol-Myers Squibb, which earlier had fast tracked clinical trials of nivolumab due to successful results. Merck has already launched a similar drug this year and has first-mover ...
Daily Dividend Report: COP, IR, MUR, GPN, KBR, FUL
Forbes - 2 Oct 2014 19:36
ConocoPhillips (COP) announced a quarterly dividend of 73 cents per share, payable Dec. 1, 2014, to stockholders of record at the close of business on Oct. 14, 2014.
On Boeing, We Wonder: Is The Global Commercial Aviation Upcycle Nearing Its End?
Forbes - 2 Oct 2014 19:36
All in all, in our view, concerns around the commercial aviation upcycle having run its ground are not on strong footing. We see no convincing data on new airplane orders and order cancellation rates that indicate that d...
Living Well in Retirement: Beef Up On Stocks
Forbes - 2 Oct 2014 19:29
In 1984, a television ad for the Wendy’s chain became a cultural phenomenon when a plain-spoken woman examined the hamburger she had just been served and demanded to know, “Where’s the beef?” Since that time, “...
Will Insiders Be Tempted To Buy More VNR At The New 52-Week Low?
Forbes - 2 Oct 2014 19:12
In trading on Thursday, shares of Vanguard Natural Resources LLC (NASD: VNR) touched a new 52-week low of $26.02/share. That's a $7.02 share price drop, or -21.25% decline from the 52-week high of $33.04 set back on 07/2...
Will Insiders Be Tempted To Buy More ARCP At The New 52-Week Low?
Forbes - 2 Oct 2014 19:08
In trading on Thursday, shares of American Realty Capital Properties Inc (NASD: ARCP) touched a new 52-week low of $11.71/share. That's a $3.25 share price drop, or -21.72% decline from the 52-week high of $14.96 set bac...
Thursday's ETF with Unusual Volume: AIRR
Forbes - 2 Oct 2014 18:52
The First Trust RBA American Industrial Renaissance ETF (AIRR) is seeing unusually high volume in afternoon trading Thursday, with over 412,000 shares traded versus three month average volume of about 52,000. Shares of...
Thursday's ETF Movers: BSCF, XOP
Forbes - 2 Oct 2014 18:51
In trading on Thursday, the Guggenheim BulletShares 2015 Corporate Bond ETF (BSCF) is outperforming other ETFs, trading flat on the day. Components of that ETF showing particular strength include shares of Metlife (MET...
Thursday Sector Laggards: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty Stocks
Forbes - 2 Oct 2014 18:49
In trading on Thursday, oil & gas exploration & production shares were relative laggards, down on the day by about 3.5%. Helping drag down the group were shares of Exco Resources (XCO), off about 11.6% and shares of Fo...
Thursday Sector Leaders: Auto Dealerships, Education & Training Services
Forbes - 2 Oct 2014 18:47
In trading on Thursday, auto dealerships shares were relative leaders, up on the day by about 1.5%. Leading the group were shares of Lithia Motors (LAD), up about 8.2% and shares of Autonation (AN) up about 4.8% on the...
European Central Bank To Release Details Of New Asset-Buying Plan
IBTimes - 2 Oct 2014 18:31
The European Central Bank will release details Thursday of a new asset-buying plan meant to reinvigorate the euro zone economy and reverse deflation.
S&P 500 Analyst Moves: EMN
Forbes - 2 Oct 2014 18:26
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Eastman Chemical (EMN) is now the #140 analyst pick, moving up by 2 spots. This ra...
Use Options For a Chance To Buy TSN at a 35% Discount
Forbes - 2 Oct 2014 17:44
Looking back to 64 days ago, Tyson Foods, Inc. (NYSE: TSN) priced a 23,810,000 share secondary stock offering at $37.80 per share. Buyers in that offering made a considerable investment into the company, expecting that t...
Use Options For a Chance To Buy BEE at a 13% Discount
Forbes - 2 Oct 2014 17:43
Looking back to 127 days ago, Strategic Hotels & Resorts, Inc. (NYSE: BEE) priced a 36,000,000 share secondary stock offering at $10.50 per share. Buyers in that offering made a considerable investment into the company, ...