Market News
Morgan Stanley Earnings Nearly Double In Third Quarter
IBTimes - 17 Oct 2014 17:31
Morgan Stanley earnings rocketed 87 percent to $1.7 billion in the third quarter compared to last year's third-quarter earnings of $889 million, the firm reported on Friday. The earnings work out to 84 cents per share, c...
Jimmy Choo Marks Low Market Debut, Becomes First Luxury Footwear Brand To Be Publicly Traded
IBTimes - 17 Oct 2014 17:31
Shares of Jimmy Choo were up slightly in early trading Friday after the British luxury shoe retailer priced its offering at the bottom of its expected range. With the pricing, Jimmy Choo became the first stand-alone luxu...
Bank Of England May Keep Rates Lower For Longer, Says Chief Economist
IBTimes - 17 Oct 2014 14:31
(Reuters) - The Bank of England may need to keep interest rates lower for longer than previously thought to reduce the chance of Britain's economy slipping into long-term stagnation, its chief economist Andrew Haldane sa...
Verizon Communications Popular Amongst Latest 13F Filers
Forbes - 17 Oct 2014 22:11
At Holdings Channel, we have reviewed the latest batch of the 21 most recent 13F filings for the 09/30/2014 reporting period, and noticed that Verizon Communications Inc (NYSE: VZ) was held by 12 of these funds. When hed...
Who Was Really In Charge Of AIG? Former CEO Edward Liddy Testifies in Bailout Trial
IBTimes - 17 Oct 2014 21:31
Edward Liddy, the former CEO of the American International Group, testified Friday that he deferred to U.S. government overseers who selected him to run the failing insurance giant. Liddy's testimony in the ongoing trial...
Market report: Carnival shares rocked by Ebola scare
Telegraph - 17 Oct 2014 21:06
Shares in the cruise ship company slumped as much as 4.6pc on unsettling news from one of its vessels
Portfolio Rebalancing: Theory and Practice
Forbes - 17 Oct 2014 20:56
Volatility has returned to the markets in recent months. The Russell 2000 Index of small-company stocks corrected by 13% between March and October 13. In the third quarter alone, commodities, as measured by the Bloomberg...
Friday Sector Leaders: Industrial, Materials
Forbes - 17 Oct 2014 20:54
The best performing sector as of midday Friday is the Industrial sector, up 1.5%. Within that group, Textron (NYSE: TXT) and United Rentals (NYSE: URI) are two large stocks leading the way, showing a gain of 9.8% and 3.4...
Friday Sector Laggards: Energy, Utilities
Forbes - 17 Oct 2014 20:54
Looking at the sectors faring worst as of midday Friday, shares of Energy companies are underperforming other sectors, showing a 0.4% loss. Within the sector, Transocean (NYSE: RIG) and Chesapeake Energy (NYSE: CHK) are ...
Kansas City Southern Touts Solid Growth, But Stock Slips Further Behind Rivals
Forbes - 17 Oct 2014 19:49
Despite strong earnings growth driven by a robust U.S. economy, the stock of Kansas City Southern Railway took a hit Wednesday morning.
FTSE 100 jumps amid global relief rally
Telegraph - 17 Oct 2014 19:48
London's benchmark index enjoyed its biggest one-day gain since July last year as markets around the world rebounded
Cree's Earnings Preview: Despite Short-Term Weakness Long-Term Growth Remains Intact
Forbes - 17 Oct 2014 19:48
The company announced its preliminary earnings for the quarter on October 2, and the weak guidance led to an over 10% decline in its stock price. Cree lowered its revenue estimate to approximately $428 million, from its ...
One simple reason why global stock markets are reeling
Telegraph - 17 Oct 2014 19:45
The world's central banks have slashed stimulus by $125bn a month since the end of last year - leading to the current market rout
Netflix Sinks On Subscriber Growth Decline, Is The Market Saturating?
Forbes - 17 Oct 2014 19:42
Based on our analysis, we find some evidence of subscriber growth moderating and we believe that incremental customer additions will become difficult for Netflix. However, the results from the next two quarters will make...
Harley-Davidson Earnings Preview: Expect Lower Wholesale Shipments In The U.S.
Forbes - 17 Oct 2014 19:40
In line with the company?s guidance, we expect lower shipments to the dealers in the U.S. in Q3. But at the same time, we expect retail sales in the domestic market to rise this quarter due to pent-up demand and new laun...
Yahoo Earnings Preview: What We Are Watching
Forbes - 17 Oct 2014 19:39
In this earnings announcement, we believe that company will continue to report little or no improvement in revenue growth. However, we continue to closely monitor the search and display ads divisions for growth in revenu...
Friday 10/17 Insider Buying Report: RIT, CIEN
Forbes - 17 Oct 2014 19:32
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 dollars to ...
What To Do When Ebola Headlines Hit Your Stock Portfolio
Forbes - 17 Oct 2014 19:29
Ebola scares in the headlines have unfairly battered some travel stocks. Time to buy or wait and see?
Keep Calm Over Dow Jones Industrial Average's Nosedive And Carry On
Forbes - 17 Oct 2014 19:21
Volatility on the markets is normal. Long live volatility! And, this week my thoughts returned to turbulent stock markets around the globe. It does not seem so long ago that the equity markets on the major indexes were...
The Real Reasons to Worry About Stocks
Wall Street Journal - 17 Oct 2014 18:57
Your long-term returns won't be determined by this month's market swings. Here's what does matter.
Can Norway's 'Mr Oil' Find BG Group's Mojo?
Forbes - 17 Oct 2014 18:54
Last twelve months have been pretty troubling for BG Group, the UK’s third-largest oil and gas producer after Shell and BP. Since January, the FTSE 100 company has seen profit downgrades, tepid prospects, troubled proj...
S&P 500 Analyst Moves: REGN
Forbes - 17 Oct 2014 18:34
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Regeneron Pharmaceuticals (REGN) is now the #148 analyst pick, moving up by 1 spot. �...