Market News
Will Bank of Japan's boost help markets?
livemint.com - 5 Nov 2014 15:04
It may not have significant impact on capital flow, though it's a sentimental value addition
Whole Foods Shares Rise On Earnings Beat
Forbes - 5 Nov 2014 23:57
Whole Foods reported strong profits Wednesday, sending shares up more than 7% in after-hours trading.
Tesla Shares Shoot Up On 2 Cent Profit Per Share
Forbes - 5 Nov 2014 23:52
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.
Wednesday Sector Laggards: Healthcare, Technology & Communications
Forbes - 5 Nov 2014 21:41
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...
Wednesday Sector Leaders: Energy, Utilities
Forbes - 5 Nov 2014 21:40
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...
More Efficient Chesapeake Weathers Falling Energy Prices
Forbes - 5 Nov 2014 21:28
Chesapeake Energy countered falling energy prices by getting more efficient, and clocked a big gain in earnings.
Gold Traders Watching To See If Payrolls Report Reinforces Fed View On Labor Market
Forbes - 5 Nov 2014 21:16
(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.
Endeavour Mining CEO Expects Cash Costs To Continue Downward Trend
Forbes - 5 Nov 2014 21:15
(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.
Gold Careens To 4.5-Year Low, Hit Again By Surging U.S. Dollar And Equities
Forbes - 5 Nov 2014 21:00
(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...
Why SunPower Is Expanding Panel Manufacturing In South Africa
Forbes - 5 Nov 2014 20:49
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 ...
No sign of a recovery yet
livemint.com - 5 Nov 2014 20:48
HSBC India Composite Purchasing Managers' Index (PMI) Output fell to 51 in October from 51.8 in September
David Einhorn Shines A Little Light On His 'Bubble Basket' With Amazon Criticism
Forbes - 5 Nov 2014 20:48
Amazon's lack of profits comes in for a fresh dose of criticism from hedge fund honcho David Einhorn.
Nvidia Q3'15 Performance To be Driven By PC Gaming, Tegra Processors & Data Centers
Forbes - 5 Nov 2014 20:46
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...
Alcoa Furthers Portfolio Transformation With Recent Business Developments
Forbes - 5 Nov 2014 20:40
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...
How Will Johnson & Johnson's Ebola Investment Pay Off?
Forbes - 5 Nov 2014 20:37
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...
Alibaba Flexes Its Growth Muscle In The Quarterly Results
Forbes - 5 Nov 2014 20:34
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...
Wednesday 11/5 Insider Buying Report: NS, STR
Forbes - 5 Nov 2014 20:33
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 ...
Dow Jones Industrial Average Hits New High Following Midterm Election 2014 Results
IBTimes - 5 Nov 2014 20:31
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...
TVS Capital-led group to buy FTIL's stake in IEX for Rs577 cr
livemint.com - 5 Nov 2014 20:15Daily Dividend Report: SE, THI, KAR, WDC, MGA, PCL
Forbes - 5 Nov 2014 20:07
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...
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....
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...