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Market News

Location American Market News for 5 November 2014

Will Bank of Japan's boost help markets?

livemint.com - 5 Nov 2014 15:04
Will Bank of Japan's boost help markets? It may not have significant impact on capital flow, though it's a sentimental value addition
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Whole Foods Shares Rise On Earnings Beat

Forbes - 5 Nov 2014 23:57
Whole Foods Shares Rise On Earnings Beat Whole Foods reported strong profits Wednesday, sending shares up more than 7% in after-hours trading.
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Tesla Shares Shoot Up On 2 Cent Profit Per Share Tesla shares climbed close to 5.5%to $243.50 in after hours trading Wednesday after the electric car company delivered better than anticipated adjusted earnings per share but lowered its delivery projection.
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Wednesday Sector Laggards: Healthcare, Technology & Communications In afternoon trading on Wednesday, Healthcare stocks are the worst performing sector, showing a 0.2% loss. Within the sector, Gilead Sciences (NASD: GILD) and Tenet Healthcare (NYSE: THC) are two large stocks that are la...
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Wednesday Sector Leaders: Energy, Utilities The best performing sector as of midday Wednesday is the Energy sector, higher by 2.3%. Within that group, Devon Energy (NYSE: DVN) and Cimarex Energy (NYSE: XEC) are two of the day's stand-outs, showing a gain of 9.0% a...
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More Efficient Chesapeake Weathers Falling Energy Prices Chesapeake Energy countered falling energy prices by getting more efficient, and clocked a big gain in earnings.
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(Kitco News) - Traders will be watching Friday to see if a strong trend in U.S. nonfarm payrolls continues to pressure gold, or whether softer-than-forecast data might give prices a reprieve.
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Endeavour Mining CEO Expects Cash Costs To Continue Downward Trend (Kitco News) - Endeavour Mining Corp. (TSX:EDV)(ASX:EVR) reported solid third-quarter results with an onus on the company’s success in reducing its cash costs.
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(Kitco News) - Gold prices ended the U.S. day session sharply lower and slumped to a 4.5-year low Wednesday. A powerful rally in the U.S. dollar index and rallying U.S. stock indexes continue to pull money away from the...
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SunPower has been increasing its exposure to the South African market of late, leveraging its relationship with its parent company Total S.A. The company completed two ground-mounted solar projects with a total capacity ...
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No sign of a recovery yet

livemint.com - 5 Nov 2014 20:48
No sign of a recovery yet HSBC India Composite Purchasing Managers' Index (PMI) Output fell to 51 in October from 51.8 in September
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David Einhorn Shines A Little Light On His 'Bubble Basket' With Amazon Criticism Amazon's lack of profits comes in for a fresh dose of criticism from hedge fund honcho David Einhorn.
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Nvidia remains focused on addressing the top 30% of the market, mainly those vertical segments within a broader computing market where visual computing matters the most. These include PC gaming, professional visualizatio...
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Alcoa has announced steps that will further its ongoing portfolio transformation. The company has announced a $190 million investment at its Davenport, Iowa facility to expand its product offerings in the aerospace and i...
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In early September, Johnson & Johnson stated that it was accelerating the development of a vaccine against the Zaire strain of the Ebola Virus that has been responsible for the current outbreak in Africa. Now the company...
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Riding on the wave of strong growth in the Chinese e-commerce market, Alibaba posted a stellar 54% rise in revenue during the quarter ending September. Rising monetization on the mobile platform, coupled with 52% year-ov...
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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 dollars to ...
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The Dow Jones Industrial Average cast a positive vote in reaction to the midterm election results, as investors weighed the new Republican majority in the Senate and fresh data on the U.S. economy. The Dow Jones Industri...
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TVS Capital-led group to buy FTIL's stake in IEX for Rs577 cr FTIL was in May directed by power sector regulator CERC to sell its holding in the exchange
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Spectra Energy (SE) has announced a 10.5% increase in the quarterly cash dividend on its common stock to $0.37 per share, or $1.48 per share on an annualized basis. The dividend is payable on December 9, 2014, to shareho...
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Wednesday's ETF with Unusual Volume: EMLP

Forbes - 5 Nov 2014 19:50
The First Trust North American Energy Infrastructure Fund ETF (EMLP) is seeing unusually high volume in afternoon trading Wednesday, with over 1.8 million shares traded versus three month average volume of about 247,000....
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Wednesday's ETF Movers: XOP, GDXJ

Forbes - 5 Nov 2014 19:49
In trading on Wednesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.6% on the day.  Components of that ETF showing particular strength include shares of Devon Energ...
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