Market News
How To YieldBoost Patterson-UTI Energy From 1.6% To 30.2% Using Options
Forbes - 21 Oct 2014 17:38
Shareholders of Patterson-UTI Energy Inc. (NASD: PTEN) looking to boost their income beyond the stock's 1.6% annualized dividend yield can sell the February 2015 covered call at the $26 strike and collect the premium bas...
Is This Market Rebound A 'Dead-Cat Bounce'?
Forbes - 21 Oct 2014 06:46
Why the recent stock market rebound could be a trap before another sell-off unless certain conditions are met.
SEC Is Steering More Trials to Judges It Appoints
Wall Street Journal - 21 Oct 2014 04:12
The Securities and Exchange Commission is increasingly steering cases to hearings in front of the agency's appointed administrative judges, who found in its favor in every verdict for the 12 months through September, rat...
Stock Market: Wall Street Braces For More Volatility With China GDP, Earnings On Tap
IBTimes - 21 Oct 2014 05:31
U.S. stocks closed higher Monday, with the Nasdaq and Standard & Poor's 500 ending higher for a third straight session as investors weighed mixed earnings results from blue-chip Dow component International Business Machi...
Comcast (CMCSA) Earnings Preview Q3 2014: Broadband Booming Amid Cord-Cutting Anxiety
IBTimes - 21 Oct 2014 23:31
Three game-changing questions have been weighing heavily on the minds of Comcast investors: What is the timeline for its contentious $45.2 billion takeover of Time Warner Cable? Does it have a solid strategy to combat co...
Hits Keep Coming For Warren Buffett As IBM And Coke Stumble After Tesco Turmoil
Forbes - 21 Oct 2014 23:30
Buffett's Berkshire Hathaway has taken hits on investments in Coke, IBM and Britain's Tesco.
Buffett's Berkshire Tops $200,000 A Share
Forbes - 21 Oct 2014 23:30
The billionaire at the helm of Berkshire Hathaway has bought banks and credit card companies for both the firm and his personal account.
Daimler Cashes In Tesla Equity Stake For $780 Million, Praises 'Bold Partner'
Forbes - 21 Oct 2014 22:53
Thanks to Tesla's big rally, Daimler cashes out for $780 million.
Oracle Popular Amongst Latest 13F Filers
Forbes - 21 Oct 2014 22:43
At Holdings Channel, we have reviewed the latest batch of the 26 most recent 13F filings for the 09/30/2014 reporting period, and noticed that Oracle Corp. (NYSE: ORCL) was held by 17 of these funds. When hedge fund mana...
High Yield Bond Prices Snap Back, Rally For Largest Gain In 3 Years
Forbes - 21 Oct 2014 22:40
The average bid of high-yield flow-name bonds rocketed 272 bps in today’s reading, to 101.33% of par, yielding 6.74%, from 98.61, yielding 7.86%, on Oct. 16, according to LCD. All 15 of the constituents notched big gai...
Macro impact of fuel reforms
livemint.com - 21 Oct 2014 21:37
Investor sentiment is expected to improve following diesel deregulation and gas price hike, as they are likely to lower uncertainty
Tuesday Sector Laggards: Utilities, Consumer Products
Forbes - 21 Oct 2014 20:51
In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, up 0.5%. Within that group, Consolidated Edison (NYSE: ED) and Integrys Energy Group (NYSE: TEG) are two large stocks that are lagging, s...
Tuesday Sector Leaders: Energy, Healthcare
Forbes - 21 Oct 2014 20:50
The best performing sector as of midday Tuesday is the Energy sector, higher by 2.5%. Within that group, Phillips 66 (NYSE: PSX) and Marathon Petroleum (NYSE: MPC) are two large stocks leading the way, showing a gain of ...
Caterpillar's Earnings Preview: Revenue And Profits Could Decline On Poor Mining And Construction Sales
Forbes - 21 Oct 2014 19:48
In the third quarter, we expect to see a decline in Caterpillar's revenue driven by continued weakness in the Resource Industries segment accompanied with poor Construction Industries sales. Engine and Transportation seg...
Tuesday 10/21 Insider Buying Report: UFPI
Forbes - 21 Oct 2014 19:48
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at one noteworthy recent insider buy.
Trends In Silver Demand By The Solar Photovoltaic Industry
Forbes - 21 Oct 2014 19:45
We will estimate the demand for silver from the PV industry under the simplifying assumption that solar panels for incremental solar PV capacity additions are manufactured in the same year in which they are installed. Ta...
Chipotle's Q3 Revenues Driven By Price Hikes & Increased Customer Traffic
Forbes - 21 Oct 2014 19:42
The price hikes and increasing customer count were the primary factors that drove the comparable store sales. In a short span, the restaurant chain has managed to outpace all other fast-casual restaurants and has grabbed...
Amazon Pre-Earnings: Electronics and General Merchandise Will Drive Growth, But Profitability Could Disappoint
Forbes - 21 Oct 2014 19:39
We expect strong growth in the electronics and general merchandise category and North American region to be the pillars for Amazon's top-line increase during the third quarter. Also, Amazon Web Services segment will like...
AT&T Earnings Preview: Next Program, Margins In Focus
Forbes - 21 Oct 2014 19:36
When the company announces its third quarter earnings, we expect revenues to grow in the low-to-mid single digits, owing to robust wireless postpaid subscriber adds, low churn, an expanding U-verse user base and its cont...
Daily Dividend Report: AAPL, ABBV, AEP, WPZ, LLY, SO, NSC, EXC, ETN, NBL, WHR, CCE, LLL, HLS
Forbes - 21 Oct 2014 19:19
Apple has declared a cash dividend of $.47 per share of the Company's common stock. The dividend is payable on November 13, 2014, to shareholders of record as of the close of business on November 10, 2014.
Tuesday's ETF with Unusual Volume: FTA
Forbes - 21 Oct 2014 19:02
The First Trust Large Cap Value AlphaDEX Fund ETF (FTA) is seeing unusually high volume in afternoon trading Tuesday, with over 585,000 shares traded versus three month average volume of about 188,000. Shares of FTA we...
Tuesday's ETF Movers: IYT, ILF
Forbes - 21 Oct 2014 19:01
In trading on Tuesday, the iShares Transportation Average ETF (IYT) is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of Southwest Airlines (LUV), ...