Market News
For Allergan Suitors, Unorthodox Alliance Proved Unwieldy
Wall Street Journal - 20 Nov 2014 02:58
A look at the partnership of Valeant CEO Michael Pearson and activist investor William Ackman in their failed $53 billion bid to acquire Allergan shows that the two men didn't always see eye to eye.
Thursday Sector Leaders: Energy, Services
Forbes - 20 Nov 2014 21:44
Looking at the sectors faring best as of midday Thursday, shares of Energy companies are outperforming other sectors, higher by 1.6%. Within that group, QEP Resources (NYSE: QEP) and Noble Energy (NYSE: NBL) are two of t...
Thursday Sector Laggards: Healthcare, Utilities
Forbes - 20 Nov 2014 21:43
In afternoon trading on Thursday, Healthcare stocks are the worst performing sector, showing a 0.2% loss. Within that group, Actavis (NYSE: ACT) and Perrigo Company (NYSE: PRGO) are two large stocks that are lagging, sho...
The need for a weaker rupee
livemint.com - 20 Nov 2014 20:48
Rupee weakness should be welcomed because in the past few months the real effective exchange rate indicator of the rupee has shown overvaluation by 6%, according to RBI data
Activist Hedge Fund's Plan For Cliffs Natural Resources Destined For The Scrap Heap
Forbes - 20 Nov 2014 20:47
Cliffs CEO Laurenco Goncalves has mostly been cast aside a turnaround plan proposed by activist hedge fund Casablanca Capital.
For Akamai, What's Driving Growth In Average Revenue Per Media Customer?
Forbes - 20 Nov 2014 20:46
There can be almost 20% upside to our price estimate if Akamai can increase its revenue per media customer to $1.5 million in the next six to seven years. That scenario may not be unlikely, considering the recent demand ...
Alibaba said to get bond orders worth $43 billion
livemint.com - 20 Nov 2014 20:44Capacity Expansion Will Likely Help Corning Cater To Growing Demand For Emission Filters
Forbes - 20 Nov 2014 20:44
Of late, stringent emission standards have forced automobile manufacturers to increasingly adopt the use of efficient emission filters and substrates to curb emissions. Over the past few quarters, these trends have been ...
Kotak Mahindra Bank-ING Vysya Bank deal a well-matched merger
livemint.com - 20 Nov 2014 20:43
While Kotak is a predominantly west India-based bank with 40% of its branches in Maharashtra and Gujarat, two-thirds of ING Vysya's branches are in the southern states
The one chart that explains the mess in Ukraine
livemint.com - 20 Nov 2014 20:40
While it is true there are many problems in Ukraine, the fact that the economy has shrunk in the last 20 years must be a key issue leading to discontent
Strong Database And Application Software Sales Could Lift Oracle Higher
Forbes - 20 Nov 2014 20:39
We expect Oracle to maintain its leadership position in the database market, primarily in the RDBMS space. However, NoSQL databases are expected to play a crucial role going forward in handling operations such as marketi...
Is United On Track To Begin Paying Dividends In The Near Future?
Forbes - 20 Nov 2014 20:37
In our opinion, United is on the right track, as it is steadily growing its profit and reducing its debt and pension liabilities. Even though the carrier is behind its peers ? Delta and American ? when it comes to profit...
Consumer Inflation Unchanged In October As Gas Prices Fall
IBTimes - 20 Nov 2014 20:31
The Bureau of Labor Statistics released its monthly consumer price index Thursday, a key gauge the Federal Reserve uses to measure U.S. inflation. On a seasonally adjusted basis, CPI was unchanged in October after rising...
MCX-SX plans to claim damages of nearly Rs800 crore from NSE
livemint.com - 20 Nov 2014 20:25
MCX-SX is claiming damages for losses suffered due to NSE's zero-pricing strategy in currency derivatives segment
Three Unexpected Reasons Why Apple Is A Buy
Forbes - 20 Nov 2014 20:15
The start of the seasonally favorable period in which stocks historically have enjoyed terrific performance
Startups Mine Data From Fields, Shadows
Wall Street Journal - 20 Nov 2014 20:03
A growing coterie of entrepreneurs are selling analysis of obscure data sets to traders in search of even the smallest edges.
Should You Refinance Into a Bigger Mortgage?
Wall Street Journal - 20 Nov 2014 19:46
New data show more homeowners are taking such cash-out loans, including for renovations, but there are risks.
YieldBoost Corporate Executive Board From 1.4% To 14.4% Using Options
Forbes - 20 Nov 2014 19:35
Shareholders of Corporate Executive Board Co. (NYSE: CEB) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the March 2015 covered call at the $75 strike and collect the premium bas...
S&P 500 Analyst Moves: AES
Forbes - 20 Nov 2014 19:31
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, AES Corp. (AES) is now the #124 analyst pick, moving up by 1 spot.
Dow Analyst Moves: TRV
Forbes - 20 Nov 2014 19:26
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Travelers Companies (TRV) is the #19 analyst pick. Within the broader S&P 50...
Thursday's ETF with Unusual Volume: RTH
Forbes - 20 Nov 2014 19:24
The Retail ETF (RTH) is seeing unusually high volume in afternoon trading Thursday, with over 43,000 shares traded versus three month average volume of about 34,000. Shares of RTH were up about 0.5% on the day.
XOP, SMH: Big ETF Outflows
Forbes - 20 Nov 2014 19:16
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), where 4,400,000 units were...