Market News
Product crack: Sundaram World Brand Fund
livemint.com - 18 Nov 2014 15:36
It is a closed-end fund that will invest in overseas equity
Brent slips below $79 as rhetoric heats up before Opec meeting
livemint.com - 18 Nov 2014 06:42
Brent crude was down 41 cents to $78.90 a barrel, after settling 10 cents lower
New Jersey Doctor's Bribery Case Offers Window Into Growing Health Care Fraud
IBTimes - 18 Nov 2014 23:31
A New Jersey doctor has admitted he accepted $16,500 in bribes from a local medical testing company. But Dr. Anthony DeLuca is just one of 32 people connected to a bribery scheme that earned Biodiagnostic Laboratory Serv...
Tuesday Sector Laggards: Services, Consumer Products
Forbes - 18 Nov 2014 21:34
The worst performing sector as of midday Tuesday is the Services sector, up 0.3%. Within that group, Urban Outfitters (NASD: URBN) and Staples (NASD: SPLS) are two large stocks that are lagging, showing a loss of 7.9% an...
Tuesday Sector Leaders: Healthcare, Materials
Forbes - 18 Nov 2014 21:33
The best performing sector as of midday Tuesday is the Healthcare sector, up 1.4%. Within that group, Actavis (NYSE: ACT) and Medtronic (NYSE: MDT) are two of the day's stand-outs, showing a gain of 7.0% and 3.9%, respec...
Mood brightens over economy
Telegraph - 18 Nov 2014 21:28
Bank of America Merrill Lynch said a net 47pc of investors thought the global economy will strengthen in the coming year
Flash boys invade Treasury bond market in new era of volatility
livemint.com - 18 Nov 2014 21:28
On 15 October, the US Treasury market saw the biggest jump in volatility in a quarter century leaving investors worrying there will be turbulence ahead
Which 10 Gurus All Hold American Airlines Group?
Forbes - 18 Nov 2014 21:06
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,540 13F filings for the 09/30/2014 reporting period, and noticed that American Airlines Group Inc...
Sebi's plan for KYC registration agencies fails to make a mark
livemint.com - 18 Nov 2014 20:57
A lack of standardized agreements between brokerages and clients has reduced the utility of a KYC registration agency
SunEdison Turnaround A Big Score For Small Activist Hedge Fund
Forbes - 18 Nov 2014 20:48
Few first-time activist trades have gone as well, and drawn as many big names in as Altai's bet on a turnaround at SunEdison.
L Brands Earnings Preview: Steady Growth To Continue; International & Online Business In Focus
Forbes - 18 Nov 2014 20:47
Since L Brands has already reported its sales growth metrics in its October release, we will focus on progress on its growth drivers during the earnings call. The company?s international business has performed very well ...
Lowe's Pre-Earnings: Steady Housing Growth To Boost Lowe's Q3 Growth
Forbes - 18 Nov 2014 20:45
Lowe?s? top line expanded by 4.2% in the first half of this fiscal year ending January 2015, and the company needs around 5% growth in the second half to meet its full-year target. Given the solid growth in consumer spen...
Salesforce Q3FY15 Preview: Growing Customer Base Should Drive Revenues Higher
Forbes - 18 Nov 2014 20:42
Salesforce expects revenues to range between $1.365 billion ? $1.37 billion in Q3FY15, an increase of 27% year on year. We expect the company to surpass this top line range, driven by rising demand for software-as-a-serv...
Why Halliburton Is Buying Baker Hughes
Forbes - 18 Nov 2014 20:40
Although the market reaction to the deal was decidedly mixed, we see a transaction as being positive for shareholders of both companies. Although Halliburton may not see a short term upside from the deal, it should gain ...
Tuesday 11/18 Insider Buying Report: LKFN, SGM
Forbes - 18 Nov 2014 20:39
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.
Daily Dividend Report: SU, VET, ALL, TEL, PEG, ARG, TW
Forbes - 18 Nov 2014 20:36
Suncor Energy's Board of Directors has approved a quarterly dividend of $0.28 per share on its common shares, payable December 24, 2014 to shareholders of record at the close of business on December 3, 2014.
State-owned banks may profit from rally in bond prices
livemint.com - 18 Nov 2014 20:23
SBI could see notional gains of close to Rs2,000 crore from the recent rally, followed by Punjab National Bank and Canara Bank
Axis Bank completes $500 million bond sale
livemint.com - 18 Nov 2014 20:16
The bonds, issued by the bank's Dubai International Finance Centre branch, were priced at 170 bps above the five year US treasury yield, or 3.25%
Tuesday's ETF with Unusual Volume: CGW
Forbes - 18 Nov 2014 20:10
The Guggenheim S&P Global Water Index ETF (CGW) is seeing unusually high volume in afternoon trading Tuesday, with over 248,000 shares traded versus three month average volume of about 51,000. Shares of CGW were up abo...
Tuesday's ETF Movers: GDXJ, GXC
Forbes - 18 Nov 2014 20:08
In trading on Tuesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 6.3% on the day. Components of that ETF showing particular strength include shares of Teranga Gold (TGZ.CA), up about 17.9%...
Bob Marley To Endorse Global Marijuana Brand: Marley Natural
IBTimes - 18 Nov 2014 19:31
The sun is shining on marijuana businesses around the United States as more states continue to legalize medical and recreational use of cannabis, creating a lucrative market. But until recently, most businesses have been...
Europe Olive Oil Crisis: 2014 Harvest 'Worst Year In Memory,' Drives Up Costs
IBTimes - 18 Nov 2014 19:31
Europe's olive harvest was hit hard this year by bad weather and blight, which will likely lead to consumers spending more for some olive oils, according to the Associated Press. The so-called European olive oil crisis c...