Market News
Brent crude bounces off 27-month low towards $94
livemint.com - 3 Oct 2014 06:46
Brent is set to end lower for a fourth week in five, having fallen more than 15% this year as global supplies have remained high
Not Your Father's Dividend Stocks
Wall Street Journal - 3 Oct 2014 16:07
With yields low, investors hunting for income should look at technology stocks such as Apple and at overseas shares.
Chase Customer Accounts Still At Risk, Experts Warn
IBTimes - 3 Oct 2014 23:31
Despite assurances from JPMorgan Chase that what may be the biggest data breach to hit the U.S. financial sector did not compromise individual account numbers, experts say customers must be on guard. Chase's claim that h...
Friday Sector Laggards: Energy, Materials
Forbes - 3 Oct 2014 20:35
The worst performing sector as of midday Friday is the Energy sector, showing a 0.5% loss. Within that group, Diamond Offshore Drilling (NYSE: DO) and Noble Corp (NYSE: NE) are two large stocks that are lagging, showing ...
Friday Sector Leaders: Healthcare, Services
Forbes - 3 Oct 2014 20:35
Looking at the sectors faring best as of midday Friday, shares of Healthcare companies are outperforming other sectors, up 2.0%. Within the sector, Mylan (NASD: MYL) and Covidien (NYSE: COV) are two large stocks leading ...
Sellers In Charge Now, but...
Forbes - 3 Oct 2014 20:08
It was an ugly start to the new month with the Dow Transports losing 2.5% as the airline stocks were hammered over the new Ebola fears. Delta Air Lines (DAL), Southwest Airlines (LUV), and JetBlue Airways (JBLU) were all...
Weekly Market Wrap: October 3, 2014
Forbes - 3 Oct 2014 20:00
The fortieth 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.
Solar Weekly Notes: Trina Solar's Debt Offering, First Solar's German Ambitions
Forbes - 3 Oct 2014 19:48
The solar sector had a relatively rough week, with most solar stocks shedding recent gains owing to falling oil prices, new equity and debt offerings and also due to speculation that Japan will cut its solar subsidies. T...
Seagate Technology: Enterprise And Cloud Storage Division In Focus
Forbes - 3 Oct 2014 19:45
The growing adoption of cloud-based services and the introduction of Big Data storage and data analytics in recent years have driven demand for enterprise-level storage platforms, and as a result storage companies have s...
Friday 10/3 Insider Buying Report: EPE
Forbes - 3 Oct 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 one noteworthy recent insider buy.
How Significant Can Keytruda Be For Merck?
Forbes - 3 Oct 2014 19:39
Merck has stated that its drug will cost roughly $12,500 per month for treatment and targets advanced melanoma that accounts for most of the deaths from skin cancer cases. This means that only patients suffering from adv...
Daily Dividend Report: OXY, ZTS, LEN, IEX, SNH, WTR, SSS
Forbes - 3 Oct 2014 19:38
Occidental Petroleum Corporation (OXY) declared a regular quarterly dividend of $.72 per share on common stock payable on January 15, 2015, to stockholders of record as of December 10, 2014.
McDonald's McCafe To Face Stiff Competition In Canada
Forbes - 3 Oct 2014 19:36
In such a market, where almost 95% market is dominated by well established brands, McCafe might find it difficult to penetrate the Canadian market to such an extent. Customers will need a strong reason to shift their cof...
Friday's ETF Movers: IBB, GDXJ
Forbes - 3 Oct 2014 19:32
In trading on Friday, the iShares Nasdaq Biotechnology ETF (IBB) is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of Biocryst Pharmaceuticals (BCR...
Friday Sector Laggards: Precious Metals, Metals & Mining Stocks
Forbes - 3 Oct 2014 19:31
In trading on Friday, precious metals shares were relative laggards, down on the day by about 4.4%. Helping drag down the group were shares of DRDGOLD (DRD), off about 9.3% and shares of Paramount Gold and Silver Corpo...
Friday Sector Leaders: Airlines, Railroads
Forbes - 3 Oct 2014 19:29
In trading on Friday, airlines shares were relative leaders, up on the day by about 2.7%. Leading the group were shares of CHC Group (HELI), up about 6.6% and shares of American Airlines Group (AAL) up about 6.3% on th...
Will Navios Maritime Sink Or Swim?
Forbes - 3 Oct 2014 19:10
A historical review of Prudent Speculator returns and analysis of Navios Maritime.
Life After PCs: Two Stocks To Buy
Forbes - 3 Oct 2014 18:47
A lot of companies that once prospered from the pc market need to adjust. And those that can do so but whose shares are still valued with reference to the lost pc business rather than the emerging state of affairs can pr...
Alibaba files with SEC to offer 65.9 million shares
livemint.com - 3 Oct 2014 18:34
The firm will offer up to about 65.9 million shares worth about $5.06 billion under stock-based compensation plans
Use Options For a Chance To Buy STAY at a 14% Discount
Forbes - 3 Oct 2014 17:53
Looking back to 58 days ago, Extended Stay America Inc (NYSE: STAY) priced a 21,000,000 share secondary stock offering at $21.75 per share. Buyers in that offering made a considerable investment into the company, expecti...
Use Options For a Chance To Buy WLB at a 22% Discount
Forbes - 3 Oct 2014 17:53
Looking back to 84 days ago, Westmoreland Coal Co. (NASD: WLB) priced a 1,464,789 share secondary stock offering at $35.50 per share. Buyers in that offering made a considerable investment into the company, expecting tha...
Strategy To YieldBoost LZB From 1.2% To 11.3% Using Options
Forbes - 3 Oct 2014 17:52
Shareholders of La-Z-Boy Inc. (NYSE: LZB) looking to boost their income beyond the stock's 1.2% annualized dividend yield can sell the January 2015 covered call at the $22.50 strike and collect the premium based on the 6...