Market News
Puerto Rico's Utility Siblings Prep For Subsidy Fight
Forbes - 28 Oct 2014 21:46
By Suneet Chandvani and Simone Baribeau
Midterm Elections Bode Bullishly For U.S. Stocks
Forbes - 28 Oct 2014 21:21
...I am optimistic that the midterm elections could provide another form of stimulus to this secular bull market.
Facebook May Benefit From Stumbles of Amazon, Twitter
Forbes - 28 Oct 2014 21:20
Facebook (FB) is positioned for a jump after earnings this quarter. The set up looks so good, it may be too perfect. Assuming all goes well, when trading resumes on Wednesday morning after a positive earnings report, Fac...
Blackstone, Sheth brothers to oppose NSEL merger order
livemint.com - 28 Oct 2014 20:37
The investors are exploring options and likely to move in consonance in the next few days in opposing the draft order that the govt said was in 'public interest'
Tuesday Sector Laggards: Utilities, Services
Forbes - 28 Oct 2014 20:35
The worst performing sector as of midday Tuesday is the Utilities sector, showing a 0.3% loss. Within the sector, Southern Company (NYSE: SO) and Pinnacle West Capital (NYSE: PNW) are two of the day's laggards, showing a...
IDBI Bank raises $350 million from overseas bond sale
livemint.com - 28 Oct 2014 20:16Daily Dividend Report: AMTD, RGP, ACMP, BRX, IBM, BA, FTR
Forbes - 28 Oct 2014 20:01
TD Ameritrade Holding Corporation (AMTD) has declared a $0.15 per share quarterly cash dividend, an increase of 25 percent year-over-year, payable on Nov. 20, 2014 to all holders of record of common stock as of Nov. 6, 2...
JPMorgan Chase Non-Cumulative Preferred Stock, Series W Goes Ex-Dividend Soon
Forbes - 28 Oct 2014 19:51
On 10/30/14, JPMorgan Chase & Co's 6.30% Non-Cumulative Preferred Stock, Series W (NYSE: JPM.PRE) will trade ex-dividend, for its quarterly dividend of $0.3937, payable on 12/1/14. As a percentage of JPM.PRE's recent sha...
Bank of Montreal's Non-cumulative Perpetual Class B Preferred Shares Series 14 Ex-Dividend Reminder
Forbes - 28 Oct 2014 19:49
On 10/30/14, Bank of Montreal's Non-cumulative Perpetual Class B Preferred Shares Series 14 (Toronto: BMO-PRK) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 11/25/14. As a percentage of BMO.PR...
Tuesday's ETF with Unusual Volume: ICLN
Forbes - 28 Oct 2014 19:46
The iShares Global Clean Energy ETF (ICLN) is seeing unusually high volume in afternoon trading Tuesday, with over 329,000 shares traded versus three month average volume of about 33,000. Shares of ICLN were up about 2...
F5 To Retain Its Growth Momentum In Q4'14
Forbes - 28 Oct 2014 19:45
As drivers of F5's future growth, we see: 1) continued strength in sales of F5's security solutions; 2) the "Good, Better, Best" bundling options; 3) rising momentum from the replacement of Cisco's ACE installed base; an...
Tuesday's ETF Movers: XOP, XLU
Forbes - 28 Oct 2014 19:44
In trading on Tuesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Clean Energy ...
Tuesday Sector Laggards: Department Stores, Cigarettes & Tobacco Stocks
Forbes - 28 Oct 2014 19:43
In trading on Tuesday, department stores shares were relative laggards, up on the day by about 0.1%. Helping drag down the group were shares of Kohls (KSS), down about 7.3% and shares of JC Penney Company (JCP) off abo...
SunPower Earnings Preview: Utility-Scale And Distributed Generation Projects In Focus
Forbes - 28 Oct 2014 19:42
The company has guided non-GAAP revenues of between $600 million to $650 million and expects to recognize sales of between 325 megawatts and 360 MW of capacity. Adjusted gross margins are projected to come in at between ...
Tuesday 10/28 Insider Buying Report: ANGI, PM
Forbes - 28 Oct 2014 19:41
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 two noteworthy recent insider buys.
UBS Reports Q3 Loss As Legal Provisions Offset Strong Operating Performance
Forbes - 28 Oct 2014 19:39
Looking beyond the swelling legal expenses - something that remains a nagging issue for all global banking giants - UBS's results show a notable improvement in operating performance. The bank reported increased revenues ...
Twitter Posts Solid Performance In Q3, But Investors Are Not Impressed
Forbes - 28 Oct 2014 19:36
We believe the recent investor reaction stems from unrealistic expectations which had raised the market valuation to very high levels, and not due to any weakness in the company's business model. Twitter actually raised ...
Fed Set to End QE3, but Not QE Concept
Wall Street Journal - 28 Oct 2014 19:02
Federal Reserve officials meeting Tuesday and Wednesday are virtually certain to end their latest bond-buying program, but they won't be retiring the policy for good.
Congo Seeks Investors for Farmland Bigger Than France
Wall Street Journal - 28 Oct 2014 18:33
The Democratic Republic of Congo plans to lease farmland covering an area larger than France in a bid to attract capital and technology capable of boosting jobs and food productivity in one of the world's poorest countri...
Asset quality improves at ING Vysya Bank
livemint.com - 28 Oct 2014 18:17
Gross non-performing assets as a percentage of advances declined to 1.59%, the lowest in over four years
Starbucks Earnings Expected to Rise
Forbes - 28 Oct 2014 18:00
Wall Street is expecting higher profit for Starbucks when the company reports its fourth quarter results on Thursday, October 30, 2014. The consensus estimate is calling for profit of 74 cents a share, a rise from 60 cen...
Anticipated Earnings Increase for PerkinElmer
Forbes - 28 Oct 2014 18:00
Optimism surrounds PerkinElmer, as it gets ready to report its third quarter results on Thursday, October 30, 2014. Analysts are expecting the company to book a profit of 57 cents a share, up from 49 cents a year ago.The...