Market News
Power Mech Projects files draft prospectus for IPO
livemint.com - 30 Oct 2014 17:14
The draft prospectus is for issuance of 4,269,000 equity shares of face value of Rs10 each
Bharti Airtel's Africa operations continue to disappoint in Q2
livemint.com - 30 Oct 2014 17:57Ten Reasons To Invest In Sri Lanka
Forbes - 30 Oct 2014 06:04
From an investor's point of view, the case for Sri Lanka is getting strong. In the rear view mirror, yet still lurking and causing hesitation for some, are the Sri Lankan Civil War that ended in 2009 and the market bubbl...
LinkedIn Breaks Negative Social Earnings Trend, Stock Pops After Report
Forbes - 30 Oct 2014 22:51
On Monday Twitter reported slowing user growth setting up that stock to open down 13% the following day. Tuesday Facebook told investors that its costs will rise between 50% and 70% next year -- shares opened down 6.6%...
Activist Paints Bleak Picture of DuPont Deal
Wall Street Journal - 30 Oct 2014 22:42
Trian Fund Management is slamming DuPont over the sale of its paint division as buyer Carlyle prepares an IPO.
Federal Reserve System: Is The US Economy Really Ready For The End Of QE?
IBTimes - 30 Oct 2014 22:31
Now that the Federal Reserve has closed the chapter on quantitative easing, what comes next for the U.S. economy? The narrative, according to the Fed, is that its five-year asset-purchasing program helped the U.S. avoid ...
GoPro Spikes As New Hero 4 Drives Sales Through The Roof
Forbes - 30 Oct 2014 22:31
Looks like GoPro is back on top again.
Saudis Divided on Response to Oil Drop
Wall Street Journal - 30 Oct 2014 21:49
Dissent is unusually high over how to respond to the drop in oil prices within Saudi Arabia, traditionally the swing producer in stabilizing the market.
DIIs post best net inflows in 14 months
livemint.com - 30 Oct 2014 20:52
Domestic institutional investors have pumped in a net of Rs4,390.24 crore in Indian shares in October, the highest since August 2013
Thursday Sector Leaders: Utilities, Healthcare
Forbes - 30 Oct 2014 20:47
Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, higher by 2.0%. Within that group, Exelon (NYSE: EXC) and AES (NYSE: AES) are two large stocks lead...
Thursday Sector Laggards: Energy, Technology & Communications
Forbes - 30 Oct 2014 20:47
In afternoon trading on Thursday, Energy stocks are the worst performing sector, showing a 0.2% loss. Within that group, Cabot Oil & Gas (NYSE: COG) and National Oilwell Varco (NYSE: NOV) are two large stocks that are la...
Croda rises amid revived bid hopes
Telegraph - 30 Oct 2014 20:39
Shares in the chemicals company gained on talk German giant Evonik was considering an approach
'Haunted' Houses Are Landlords' Nightmare in Japan
Wall Street Journal - 30 Oct 2014 20:28
Wherever there are houses haunted by misfortune, Teru Oshima wants to hear about it. He built one of Japan's most popular real-estate websites by mapping properties with histories of ghastly events.
Thursday 10/30 Insider Buying Report: UFI
Forbes - 30 Oct 2014 19:47
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
True Value Stocks Become Rare Finds In Bull Market
Forbes - 30 Oct 2014 19:45
Stocks that qualify as value stocks have buy or strong buy ratings according to .ValuEngine.com, have an expected gain for at least 7.5% in the next 12 months, is a member of the S&P 500 and has an average volume of at l...
ADP's Employer Services And Interest From Client Funds Grow On New Business Bookings
Forbes - 30 Oct 2014 19:45
The Human Capital Management company reported a 9% year-on-year increase in its revenue, reaching $2.6 billion. New business bookings helped drive growth across ADP's Employer and also led to an increase in interest earn...
Citigroup Non-Cumulative Preferred Stock, Series AA Ex-Dividend Reminder
Forbes - 30 Oct 2014 19:45
On 11/3/14, Citigroup Inc's 8.125% Non-Cumulative Preferred Stock, Series AA (NYSE: C.PRP) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 11/17/14. As a percentage of C.PRP's recent share price...
Boston Properties Series B Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket
Forbes - 30 Oct 2014 19:44
On 11/3/14, Boston Properties, Inc.'s 5.25% Series B Cumulative Redeemable Preferred Stock (NYSE: BXP.PRB) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 11/17/14. As a percentage of BXP.PRB's ...
AAII Sentiment Survey: Optimism Stays Near 50%
Forbes - 30 Oct 2014 19:44
Optimism remained near 50% as many individual investors are encouraged about the short-term outlook for stock prices, according to the latest AAII Sentiment Survey. Neutral sentiment rose this week, while pessimism decli...
3 Reasons Why Exxon Mobil Should Acquire EOG Resources
Forbes - 30 Oct 2014 19:42
Although EOG Resources' net oil and gas production is only a small fraction (less than 15%) of Exxon's, the exploding growth from increased development of its acreage in the Eagle Ford and Bakken shale plays could provid...
Don't Get Drunk On Constellation Brands Stock
Forbes - 30 Oct 2014 19:42
Recent improvements in revenue and EPS serve as cover for a cash flow black hole.
Samsung Could Refocus Growth Strategy As Q3 Earnings Plummet
Forbes - 30 Oct 2014 19:39
While the company's quarterly revenues fell by around 20% year-over-year to $45 billion, net income declined by around 49% to $4 billion. Samsung's cash balance rose to a record high of around $64 billion during the quar...