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
Market report: Capita plunges on contract disappointment
Telegraph - 29 Oct 2014 21:14
The outsourcer suffered its biggest one-day fall for six years after missing out on probation contracts
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...
U.S. Economy Stays Afloat As Europe Sinks Into Recession
Forbes - 29 Oct 2014 23:38
Barring any unforeseen exogenous events, the U.S. consumer and corporate sectors are fundamentally sound and will propel the economy forward even as the rest of the world struggles.
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 Laggards: Materials, Utilities
Forbes - 29 Oct 2014 20:48
In afternoon trading on Wednesday, Materials stocks are the worst performing sector, showing a 1.5% loss. Within that group, Owens-Illinois (NYSE: OI) and Allegheny Technologies (NYSE: ATI) are two large stocks that are ...
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...
TD Ameritrade's Earnings Driven by Asset-Based Revenues, Trading Commissions
Forbes - 29 Oct 2014 19:39
According to our estimates, Ameritrade?s adjusted EBITDA margin improved by almost 250 basis points over the prior year quarter to 48.3% in Q4. The growth in net revenues was largely responsible for the margin improvemen...
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...