Market News
Longevity Puzzle: A Medical Diagnosis Complicates Retirement Planning
Wall Street Journal - 10 Oct 2014 18:41
Many people worry about running out of money in retirement. But for those who could die early, there's another risk: being too cautious.
Silk Road Closure: Darknet Economy Thriving A Year Later
IBTimes - 10 Oct 2014 16:31
When U.S. government officials shut down the underground online marketplace known as Silk Road last fall, the operation was heralded as a victory. The FBI seized a collection of 144,000 bitcoins, worth about $28.5 millio...
Oil marketing companies gain as Brent crude prices hit 4-year low
livemint.com - 10 Oct 2014 07:09
Shares of HPCL jump 1.7% to Rs520.20 apiece, IOC rose 1.4% to Rs384, while BPCL inched up 1.2% to Rs679.25
David Tepper
Forbes - 10 Oct 2014 23:52
Photos of the 400 Richest Americans
Billionaire David Tepper's Top Seven Stocks
Forbes - 10 Oct 2014 23:52
At billionairesportfolio.com, we follow the moves of the world’s richest investors, and none is better over the past two decades than billionaire David Tepper.
Apple Inc. Is Throwing Bose Headphones, Speakers Out Of Its Retail Stores, Report Says [UPDATE]
IBTimes - 10 Oct 2014 23:31
Apple Inc. will remove all Bose products from its retail stores starting "early next week," according to a report Friday from MacRumors. The company plans to inform store employees in the next few days about the change, ...
AIG Bailout Trial: Bernanke Testifies Insurance Giant Was On 'Brink Of Failure'
IBTimes - 10 Oct 2014 23:31
Former U.S. Federal Reserve Chairman Ben Bernanke said American International Group Inc. was on the brink of failure when the federal government approved a $85 billion rescue loan at the height of the 2008 financial cris...
Bargain Hunting: Why Small-Cap Stocks Still Look Pricey
Wall Street Journal - 10 Oct 2014 23:22
Shares of small companies have fallen sharply, but they remain expensive in relation to sales and earnings.
Can The Fed Come To The Rescue Again If Needed?
Forbes - 10 Oct 2014 22:18
My concerns about high market valuations, excessive investor euphoria, the Fed eliminating its QE stimulus, growing economic woes in euro-land and so forth, became more serious when my firm’s technical indicators trigg...
Five S&P 500 Stocks With Rising Short Activity
Forbes - 10 Oct 2014 21:03
The most recent short interest data has just been released by the NASDAQ for the 09/30/2014 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
Friday Sector Leaders: Utilities, Financial
Forbes - 10 Oct 2014 20:34
The best performing sector as of midday Friday is the Utilities sector, up 1.3%. Within that group, SCANA (NYSE: SCG) and Integrys Energy Group (NYSE: TEG) are two large stocks leading the way, showing a gain of 2.6% and...
Friday Sector Laggards: Technology & Communications, Industrial
Forbes - 10 Oct 2014 20:32
In afternoon trading on Friday, Technology & Communications stocks are the worst performing sector, showing a 2.5% loss. Within the sector, Microchip Technology (NASD: MCHP) and Avago Technologies (NASD: AVGO) are two of...
Starboard Succeeds in Replacing Entire Darden Board
Wall Street Journal - 10 Oct 2014 20:11
Starboard Value LP succeeded in replacing the entire board of Darden Restaurants, according to a preliminary count of the vote of shareholders.
Weekly Market Wrap: October 10, 2014
Forbes - 10 Oct 2014 20:07
The forty-first trading week of 2014 comes to a close with the S&P 500, NASDAQ composite and Dow Jones all relatively flat in early-afternoon trading on Friday.
Weekly Notes: Oracle, Salesforce, SAP SE and Symantec
Forbes - 10 Oct 2014 19:48
It was an eventful week for the Technology sector. Most notably, three major technology companies announced to break themselves into smaller entities for greater management control. While specific events influenced tradi...
CSX Earnings Preview: Strong Domestic Volumes Likely To Offset Weak International Shipments
Forbes - 10 Oct 2014 19:45
CSX's third quarter revenues will be driven by growth in shipments of commodities such as grains, crude, petroleum products, automobiles, domestic coal and intermodal. However, weak export coal shipments could present he...
U.S. Wireless Carrier Weekly Review: AT&T, Verizon, Sprint
Forbes - 10 Oct 2014 19:42
After frantic marketing activity following launch of the iPhone 6 and iPhone 6 Plus models, it was a relatively quiet week for the major U.S. wireless players- AT&T, Verizon and Sprint. While there were fewer new offers ...
Intel's Q3'14 Earnings Preview: PCs, Tablets & IoT In Focus
Forbes - 10 Oct 2014 19:39
Leading chipmaker Intel reports its Q3 2014 earnings on October 14. The persistent decline in PC shipments, combined with increasing investment in building out its technology, impacted Intel's revenue growth as well as i...
Johnson & Johnson Earnings Preview: Pharma Is Where The Party Is
Forbes - 10 Oct 2014 19:36
Given the recent Ebola outbreak in West Africa, the company has accelerated the development of vaccine which may be available for human trials by early 2015. These developments suggest that Johnson & Johnson is becoming ...
Friday 10/10 Insider Buying Report: CPRT
Forbes - 10 Oct 2014 19:34
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 cash to mak...
Apple Inc. Is Throwing Bose Headphones, Speakers Out Of Its Retail Stores, Report Says
IBTimes - 10 Oct 2014 19:31
Apple Inc. will remove all Bose products from its retail stores starting "early next week," according to a report Friday from MacRumors. The company plans to inform store employees in the next few days about the change, ...
US Dollar Gains Despite Drop After Federal Reserve Concerns About Its Strength
IBTimes - 10 Oct 2014 19:31
The U.S. dollar gained against a basket of major currencies Friday for the second day, erasing a decline earlier this week after the Federal Reserve policymakers expressed concern about the impact of a strong dollar on t...