Market News
Clouds Hang Over Strong Quarter for Banks
Wall Street Journal - 20 Oct 2014 04:27
Banks may not be finished tightening their belts, with low interest rates likely continuing to squeeze the profitability of lending and trading remaining a volatile source of revenue.
Nearly Half Of US Credit Card Holders Reluctant To Shop At Data-Hacked Stores: Survey
IBTimes - 20 Oct 2014 18:31
Nearly half of U.S. credit-card holders are reluctant to shop at stores such as Target and Home Depot that have been hacked, according to a survey by CreditCards.com. Forty-five percent of respondents say they will defin...
IDBI Bank raises Rs2,500 crore through Basel III bonds
livemint.com - 20 Oct 2014 13:23
Money raised by selling the additional tier-I bonds will help boost the core capital of a bank
Chinese Stimulus Fuels Hope for Copper
Wall Street Journal - 20 Oct 2014 04:30
Copper prices clung to $3 a pound last week as encouragement over stimulus efforts by China offset worries about slowing global growth.
Governments To Blame For Weak Economic Growth In The West
Forbes - 20 Oct 2014 22:31
Developed world governments talk about austerity and then increase their budgets. That's why after trillions of dollars of stimulus, growth in the U.S. and Europe is still extremely weak.
The World's 10 Best Governments
Forbes - 20 Oct 2014 22:31
According to the World Justice Project's Rule of Law Index, these 10 countries are the most open and accountable to their citizens. Sorry U.S., we're ranked around number 17.
U.S. Earns Good Grades On Globabl Economic Report Card
Forbes - 20 Oct 2014 22:23
America’s still got it. That’s according to the latest Global Competitiveness Report, which names the U.S. the third-most competitive nation in the world, the highest ranking since 2008. For 10 years now the World Ec...
Signs Of The Time: 10 Quirky Economic Indicators
Forbes - 20 Oct 2014 22:23
Some observers eager for an insightful edge on the economy forgo readouts and graphs, favoring instead men's underwear, women wearing only underwear and the Super Bowl.
China Growth Seen Slowing Sharply
Wall Street Journal - 20 Oct 2014 21:54
China's growth will slow sharply during the coming decade to 3.9% as its productivity nose dives and the country's leaders fail to push through tough measures to remake the economy, according to a report by the business-...
Walt Disney Popular Amongst Latest 13F Filers
Forbes - 20 Oct 2014 21:21
At Holdings Channel, we have reviewed the latest batch of the 23 most recent 13F filings for the 09/30/2014 reporting period, and noticed that Walt Disney Co. (NYSE: DIS) was held by 14 of these funds. When hedge fund ma...
Reforms push boosts confidence in Indian equities
livemint.com - 20 Oct 2014 21:07Monday Sector Leaders: Services, Utilities
Forbes - 20 Oct 2014 20:50
The best performing sector as of midday Monday is the Services sector, higher by 1.4%. Within that group, Gannett (NYSE: GCI) and Lennar (NYSE: LEN) are two of the day's stand-outs, showing a gain of 5.2% and 3.4%, respe...
Monday Sector Laggards: Industrial, Technology & Communications
Forbes - 20 Oct 2014 20:50
The worst performing sector as of midday Monday is the Industrial sector, up 0.2%. Within that group, Joy Global (NYSE: JOY) and CSX (NYSE: CSX) are two of the day's laggards, showing a loss of 2.1% and 1.8%, respectivel...
Week Ahead Market Report: October 20, 2014
Forbes - 20 Oct 2014 19:54
The S&P 500 and NASDAQ Composite are both higher at this point on Monday afternoon, while the Dow Jones Industrial Average is slighly lower. Some of the most actively traded stocks include Bank of America (BAC) up 0.25%,...
Intuitive Surgical Earnings Preview: Procedure Volumes In Focus
Forbes - 20 Oct 2014 19:48
When the company announces its third quarter earnings, we expect overall sales to remain under pressure owing to lingering concerns surrounding its da Vinci robotic surgical system and a reduction in the number of robot-...
Broadcom's Q3'14 Earnings Preview: Infrastructure, Broadband & Connectivity To Drive Growth
Forbes - 20 Oct 2014 19:45
Broadcom performed well in all three segments in Q2 2014 and expects to see strong growth from these markets in the future as well. The company believes that its decision to exit the baseband business puts it on a path t...
Boeing's Profit Likely To Rise On Higher 737 and 787 Production Rates Despite Lower Government Military Spending
Forbes - 20 Oct 2014 19:43
Given that the commercial aviation business constitutes nearly 65% of the company's top line, this significant growth in commercial airplane deliveries will likely lift its third quarter results. Having said this, a weak...
Verizon Earnings Preview: Wireless Subscriber Adds, Margins In Focus
Forbes - 20 Oct 2014 19:40
For the third quarter, the company's retail postpaid net additions are likely to increase by about 40% over the prior year quarter's count of 927,000, based on indications provided by Chairman and CEO Lowell McAdam in an...
IBM Slide Drags Dow Lower As S&P, Nasdaq Gain
Forbes - 20 Oct 2014 19:39
So much for Friday's sigh of relief - poor IBM earnings plunge Dow back into volatility mode.
Google Earnings: Profitability Disappoints Even As Revenue Grows
Forbes - 20 Oct 2014 19:37
The markets reacted a bit negatively to the results as the stock was down by over 2% in the aftermarket trading hours. Pricing pressure on online ads continued to drive a 4% year-over-year decline in cost-per-click. Howe...
Safe Bulkers Series C Cumulative Redeemable Perpetual Preferred Shares Goes Ex-Dividend Soon
Forbes - 20 Oct 2014 19:36
On 10/22/14, Safe Bulkers Inc's 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (NYSE: SB.PRC) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 10/30/14. As a percentage of SB.PRC's...
Ex-Div Reminder for Goldman Sachs Group Non-Cumulative Preferred Stock, Series B
Forbes - 20 Oct 2014 19:34
On 10/22/14, Goldman Sachs Group Incorporated's 6.20% Non-Cumulative Preferred Stock, Series B (NYSE: GS.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 11/10/14. As a percentage of GS.PRB'...