Market News
Sesa Sterlite's Q2 results get a metal cushion
livemint.com - 29 Oct 2014 17:49
The company's metals business did all right, despite rising coal costs, due to higher volumes and steady realizations
SEC Probing Private Equity Performance Figures: Report
IBTimes - 29 Oct 2014 13:31
(Reuters) - The U.S. Securities and Exchange Commission is examining how private equity firms report a key metric of their past performance when they market new funds to investors, as the regulator boosts its scrutiny of...
Good Time To Get Into War Machine Stocks
Forbes - 29 Oct 2014 23:47
Most political observers would agree that Barack Obama’s presidential election victory in 2008 was the product of an unprecedented alignment of factors, from his use of technology and social media, to the economy going...
10 Reasons To Convert To A Roth IRA
Forbes - 29 Oct 2014 23:25
In a Roth conversion, you take funds out of a traditional pre-tax individual retirement account, pay the federal, state and local income taxes owed and deposit the funds in a Roth IRA, where your savings grow tax free. I...
Why I'm So Bullish About Equinix REIT Conversion
Forbes - 29 Oct 2014 23:25
For the past year, the stock traded as if there were great uncertainty about the conversion prospect, yet the IRS had already set a precedent by granting conversion to two other stocks in the same industry.
Estate Planning Fears That Keeps Us Up At Night
Forbes - 29 Oct 2014 23:07
State and federal estate and inheritance tax rates are what drive most people's estate plans, but now that tax rates are falling and exemptions rising in many jurisdictions, how much people will leave their heirs isn't w...
MasterCard Earnings Preview: Emerging Markets Growth In Focus
Forbes - 29 Oct 2014 22:44
During the third quarter, we expect MasterCard to report solid growth at similar levels as the previous quarter. Emerging markets will remain a strong focus for the company, and a slightly more confident U.S. economy sho...
Real crude oil prices at a 4-year low
livemint.com - 29 Oct 2014 20:55
The falling price of crude oil has brought cheer to not only consumers but also oil companies and the govt which will repair their balance sheets
Wednesday Sector Leaders: Financial, Energy
Forbes - 29 Oct 2014 20:49
Looking at the sectors faring best as of midday Wednesday, shares of Financial companies are outperforming other sectors, losing just 0.1%. Within that group, Aetna (NYSE: AET) and Ameriprise Financial (NYSE: AMP) are tw...
Gold Sells Off On FOMC Minutes That Favor Hawks, And On Rallying U.S. Dollar
Forbes - 29 Oct 2014 20:28
(Kitco News) - Gold prices traded solidly lower and hit a three-week low Wednesday afternoon, in the immediate aftermath of the latest FOMC statement that was deemed a bit hawkish on U.S. monetary policy. The U.S. dolla...
Earnings Review: Coach Continues Its Downward Spiral
Forbes - 29 Oct 2014 19:48
For the quarter, international sales increased by 6% on a constant currency basis, with China sales especially growing at 10% for the quarter. North America contributes around two-third of Coach?s sales, and the company ...
Newmont Earnings Preview: Lower Gold Prices To Weigh On Results
Forbes - 29 Oct 2014 19:45
The company has divested a number of high-cost, non-core assets since the middle of last year. This will help lower the company?s cost structure and better position it to operate in subdued gold pricing environments. New...
LinkedIn Pre-Earnings: What Factors You Should Be Looking Out For?
Forbes - 29 Oct 2014 19:42
During the third quarter, we expect the company to post around 40% revenue growth with a slight improvement in the adjusted EBITDA margin on a year-over-year basis. Increased user engagement, coupled with new targeted ad...
Facebook Posts Solid Growth But Guidance Sends Stock Down
Forbes - 29 Oct 2014 19:36
Facebook?s management expects revenue to rise by 40% to 47% annually in the fourth quarter, owing to difficult year-over-year comparisons. This represents a slowdown against near-60% levels seen during the previous two q...
Wednesday 10/29 Insider Buying Report: EDI, POL
Forbes - 29 Oct 2014 19:35
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.
QE3 and the Markets: Taking Stock
Wall Street Journal - 29 Oct 2014 18:49
Economists may debate the merits of the Fed's historic bond-buying programs, with the latest round set to end this week. But for markets, the impact is clear.
Daily Dividend Report: AFL, WYNN, KIM, FNF, DPM, JLL, WFC
Forbes - 29 Oct 2014 18:23
Aflac (AFL) announced a 5.4% increase in the fourth quarter cash dividend. The fourth quarter dividend of $.39 per share is payable on December 1, 2014, to shareholders of record at the close of business on November 19, ...
Wednesday's ETF with Unusual Volume: NOBL
Forbes - 29 Oct 2014 18:17
The Proshares S&P 500 Dividend Aristocrats ETF (NOBL) is seeing unusually high volume in afternoon trading Wednesday, with over 378,000 shares traded versus three month average volume of about 52,000. Shares of NOBL we...
Wednesday's ETF Movers: XOP, GDXJ
Forbes - 29 Oct 2014 18:15
In trading on Wednesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of New Field E...
Wednesday Sector Laggards: General Contractors & Builders, Precious Metals
Forbes - 29 Oct 2014 18:14
In trading on Wednesday, general contractors & builders shares were relative laggards, down on the day by about 2%. Helping drag down the group were shares of Taylor Morrison Home (TMHC), off about 5.2% and shares of M...
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Entertainment Stocks
Forbes - 29 Oct 2014 18:13
In trading on Wednesday, oil & gas exploration & production shares were relative leaders, up on the day by about 2.2%. Leading the group were shares of Newfield Exploration (NFX), up about 14.5% and shares of Energy XX...
Tech Mahindra: growth continues to be ahead of peers in Q2
livemint.com - 29 Oct 2014 18:08
Tech Mahindra grew revenue by 5.2% in dollar terms sequentially, far ahead of the Street expectations of about 3.8% growth