Market News
Weak chemicals business weighs on Gujarat State Fertilizers earnings
livemint.com - 15 Oct 2014 17:05
The maker of agriculture inputs and industrial products reported a tepid 4.5% growth in sales for September quarter
eBay Shares Slide On Reduced Sales Outlook
Forbes - 15 Oct 2014 22:48
Just two weeks after Paypal and eBay breakup annoucement, disappointing earnings sent the stock down 3% to $48 in after-hours trading
Dow Jones Industrial Average Dips 450 Points Even As Fed Sees Steady US Growth
IBTimes - 15 Oct 2014 22:31
In the midst of a Dow Jones Industrial Average tailspin Wednesday, the Federal Reserve said the U.S. economy is seeing steady growth, with consumer spending improving at a "slight to moderate" pace. But the upbeat pronou...
Opaque company filings provide fertile ground for Sebi
livemint.com - 15 Oct 2014 21:04
Under chairman U.K. Sinha, Sebi has taken a slew of initiatives to crack down on fraudulent trading on the BSE, DLF being the latest example
Bugs join robots to overcome global copper shortage
livemint.com - 15 Oct 2014 21:01
Companies are using specialized microorganisms to extract copper from previously unusable ore
Dow Swings On Economic Uncertainty And Ebola Fears
Forbes - 15 Oct 2014 20:53
On a combination of economic uncertainty, Ebola panic and general October volatility, the Dow has tanked more than 400 points in midday trading, falling below the 16,000 mark and hitting its lowest level in nearly three ...
Wednesday Sector Leaders: Energy, Materials
Forbes - 15 Oct 2014 20:37
ooking at the sectors faring best as of midday Wednesday, shares of Energy companies are outperforming other sectors, losing just 1.3%. Within the sector, Southwestern Energy (NYSE: SWN) and Cabot Oil & Gas (NYSE: COG)...
Wednesday Sector Laggards: Financial, Healthcare
Forbes - 15 Oct 2014 20:36
Looking at the sectors faring worst as of midday Wednesday, shares of Financial companies are underperforming other sectors, showing a 2.9% loss. Within that group, KeyCorp (NYSE: KEY) and Hudson City Bancorp (NASD: HCBK...
Gold Ends Mixed, Hits 4-Week High; Gains Pared by Firmer U.S. Dollar, Lower Oil
Forbes - 15 Oct 2014 20:09
(Kitco News) - Gold futures prices ended the U.S. day session with moderate gains and hit a five-week high on safe-haven demand Wednesday. A litany of worries has injected serious fear into the market place, highlighted...
Viacom To Launch SPIKE TV In The U.K.
Forbes - 15 Oct 2014 19:48
To begin with, SPIKE in the U.K. will offer reality programming from Channel 5 and SPIKE U.S. The network will be launched in the next few months. We are eager to learn how the network ratings trend in the U.K., as it wi...
Wednesday's ETF with Unusual Volume: FAN
Forbes - 15 Oct 2014 19:46
The First Trust ISE Global Wind Energy Index Fund ETF (FAN) is seeing unusually high volume in afternoon trading Wednesday, with over 1.8 million shares traded versus three month average volume of about 98,000. Shares ...
Commercial Aerospace Will Likely Lift UTC's Net Amid Slower Organic Sales Growth
Forbes - 15 Oct 2014 19:45
In the third quarter results Tuesday, we will be closely watching how United Technologies' organic sales growth trends. This would provide an indication of the overall demand environment which UTC's various businesses ar...
Wednesday's ETF Movers: GDXJ, ILF
Forbes - 15 Oct 2014 19:45
In trading on Wednesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 2.5% on the day. Components of that ETF showing particular strength include shares of Paramount Gold and Silver (PZG), up...
Wednesday Sector Leaders: Precious Metals, Waste Management Stocks
Forbes - 15 Oct 2014 19:43
In trading on Wednesday, precious metals shares were relative leaders, up on the day by about 2.3%. Leading the group were shares of Paramount Gold and Silver (PZG), up about 13% and shares of Gold Resource (GORO) up a...
Rio Tinto Operations Review: A Sharp Rise In Iron Ore And Copper Volumes
Forbes - 15 Oct 2014 19:42
Iron ore production and shipments rose sharply in the first nine months of the year, as compared to the corresponding period last year. This is consistent with the company's strategy to expand iron ore production, despit...
Wednesday 10/15 Insider Buying Report: FEN, TCPC
Forbes - 15 Oct 2014 19:40
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...
Opec finding US shale harder to crack
livemint.com - 15 Oct 2014 19:39
So far, US drillers are showing no signs of cracking, with the govt forecasting record shale output in November
Wells Fargo's Q3 Results Burdened By Shrinking Interest Margins
Forbes - 15 Oct 2014 19:39
While interest margins are expected to shrink further over coming quarters until the Federal Reserve raises benchmark rates, what stood out in Wells Fargo's Q3 results was the magnitude of the fall this time around. The ...
Intel's Growth In Q3'14 Fueled By Stabilizing PC Demand, Higher PC Market Share & Strong Data Center Performance
Forbes - 15 Oct 2014 19:36
At $14.6 billion, revenue grew 8% year to year and was well within company guidance and ahead of analysts estimates. Though gross margin was a percentage point below Intel's guidance, it was 0.5 points higher than Q2 201...
Hedge Funds Stung By Shire
Wall Street Journal - 15 Oct 2014 19:31
Large hedge funds, including Paulson & Co. and Elliott Management Corp., likely suffered heavy losses Wednesday after AbbVie Inc. signaled it may abandon its $54 billion deal to acquire Irish drug maker Shire PLC.
Toyota Recalls 1.67M Toyota, Lexus Cars
IBTimes - 15 Oct 2014 19:31
(Reuters) - Japan's Toyota Motor Corp said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hin...
Dow Jones Industrial Average Plunges 350 Points
IBTimes - 15 Oct 2014 19:31
The Dow Jones Industrial Average plunged over 350 points in morning trading Wednesday, after a trio of weaker-than-expected U.S. economic reports. Those worrisome signs, coupled with the Greek stock market's more than 9 ...