Market News
Brazil Drought Boosts Coffee Prices, Threatens Sugar Production
IBTimes - 13 Oct 2014 23:31
A deepening drought crisis across Brazil is hitting two of the country's largest exports as coffee prices surged to their highest level in two years and sugar production is headed for a steep decline.
Experts: Stocks Likely To Rebound By Year's End
IBTimes - 13 Oct 2014 23:31
And Christmas shall save us. That's the seemingly faith-based opinion of experts who still believe the financial markets are destined to continue their reach for the heavens this year -- concerns of slowing economic grow...
Seven reasons why the world's stock markets are facing intense turbulence
Telegraph - 13 Oct 2014 22:59
The continued market sell-off is due to a combination of different events making investors worry
Will Insiders Be Tempted To Buy More GT At The New 52-Week Low?
Forbes - 13 Oct 2014 22:08
In trading on Monday, shares of Goodyear Tire & Rubber Co. (NASD: GT) touched a new 52-week low of $19.60/share. That's a $9.10 share price drop, or -31.71% decline from the 52-week high of $28.70 set back on 07/23/2014....
Foreign bourses try to attract Indian firms to list overseas
livemint.com - 13 Oct 2014 21:22
Data from the World Federation of Exchanges shows overseas listings are yet to gain traction globally and in India
Abigail Johnson Replaces Father Edward As CEO Of Fidelity
Forbes - 13 Oct 2014 21:22
Abigail Johnson has been appointed to CEO of Fidelity, replacing her father, Edward "Ned" Johnson III.
Monday Sector Leaders: Utilities, Financial
Forbes - 13 Oct 2014 20:35
The best performing sector as of midday Monday is the Utilities sector, higher by 0.9%. Within the sector, Southern Company (NYSE: SO) and Ameren (NYSE: AEE) are two of the day's stand-outs, showing a gain of 2.5% and 2....
Monday Sector Laggards: Energy, Services
Forbes - 13 Oct 2014 20:34
The worst performing sector as of midday Monday is the Energy sector, showing a 1.7% loss. Within that group, QEP Resources (NYSE: QEP) and Newfield Exploration (NYSE: NFX) are two large stocks that are lagging, showing ...
Vatican Document Challenges Church To Change Attitude To Gays
IBTimes - 13 Oct 2014 20:31
VATICAN CITY
Market report: Mining rally boosts FTSE 100
Telegraph - 13 Oct 2014 19:51
Demand for resources shares helped the London index eke out a gain, following last week's sell-off
Week Ahead Market Report: October 13, 2014
Forbes - 13 Oct 2014 19:51
The S&P 500, NASDAQ Composite Dow Jones Industrial Average are all higher at this point on Monday afternoon. Some of the most actively traded stocks include Bank of America (BAC) up 1%, CSX Corp. (CSX) higher by 8.9%, Ap...
Delta's Profit Will Likely Be Clipped By Special Charges Despite Solid Operating Performance
Forbes - 13 Oct 2014 19:48
In our view, though these special charges will clip Delta's third quarter profit, the carrier's long term profit outlook is bright driven by its ongoing solid operating performance. In the third quarter, excluding the im...
KMP's Earnings Preview: Natural Gas Transportation Volumes Should Drive Results
Forbes - 13 Oct 2014 19:45
The company's performance over the last few quarters has been driven by acquisitions in its natural gas pipelines division as well as strong oil production volumes in the CO2 business. For this quarter, among the company...
Netflix Earnings Preview: Strong Topline Growth Accompanied By Cost Concerns
Forbes - 13 Oct 2014 19:39
Key drivers will include new subscriber additions and the mild impact of price increment it implemented earlier this year, in our view. On the flip side, margin growth may slowdown as a result of incremental investment i...
GE Earnings Preview: Higher Airplane Engine And Oil & Gas Equipment Shipments Will Likely Lift Results
Forbes - 13 Oct 2014 19:36
The industrial conglomerate is coming off a good first-half in which its revenue and profit rose at healthy rates as higher airplane engine deliveries and oil & gas equipment shipments outweighed weakness from the global...
Daily Dividend Report: EPD, XLS, R, SON, AIRI
Forbes - 13 Oct 2014 19:35
Enterprise Products Partners (EPD) declared an increase in the quarterly cash distribution paid to partners to $0.365 per common unit, or $1.46 per unit on an annualized basis. The quarterly distribution will be paid on ...
Stronger Dollar A Headwind For Companies With Global Reach
Forbes - 13 Oct 2014 19:32
The stronger dollar may not be a major blow to the stock market as a whole, but expect some of America's biggest and most global companies to take a hit.
Monday's ETF with Unusual Volume: AIRR
Forbes - 13 Oct 2014 19:30
The First Trust RBA American Industrial Renaissance ETF (AIRR) is seeing unusually high volume in afternoon trading Monday, with over 301,000 shares traded versus three month average volume of about 60,000. Shares of A...
Monday's ETF Movers: ILF, XOP
Forbes - 13 Oct 2014 19:29
In trading on Monday, the iShares Latin America 40 ETF (ILF) is outperforming other ETFs, up about 4.4% on the day. Components of that ETF showing particular strength include shares of Petroleo Brasileiro (PBR.A), up a...
Monday Sector Laggards: Auto Dealerships, Oil & Gas Exploration & Production Stocks
Forbes - 13 Oct 2014 19:28
In trading on Monday, auto dealerships shares were relative laggards, down on the day by about 3.3%. Helping drag down the group were shares of Lithia Motors (LAD), off about 17.8% and shares of Penske Automotive Group...
Monday Sector Leaders: Precious Metals, Railroads
Forbes - 13 Oct 2014 19:26
In trading on Monday, precious metals shares were relative leaders, up on the day by about 3.6%. Leading the group were shares of Atlatsa Resources (ATL), up about 8.8% and shares of Coeur Mining (CDE) up about 8.1% on...
Tata Power board approves proposal to raise Rs3,700 crore through NCDs
livemint.com - 13 Oct 2014 18:23
The NCDs will be sold through private placements and will be listed