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Market News

Location American Market News for 25 November 2014

Justdial: the Internet wannabe

livemint.com - 25 Nov 2014 15:26
Justdial: the Internet wannabe Justdial is one of the rare listed companies in India that hopes to benefit from the growth in the use of Internet
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RBI warns firms on routing overseas funds to India operations Funds raised by units abroad can't be used in India unless they abide by FEMA rules, central bank says
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CMBS Make a Comeback in Europe

Wall Street Journal - 25 Nov 2014 23:41
The rebound in the U.S. commercial mortgage-backed securities market appears to be spreading across the pond.
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HP Slumps On Revenue Decline Ahead Of Split

Forbes - 25 Nov 2014 23:49
HP Slumps On Revenue Decline Ahead Of Split A month after unveiling plans to split itself into two companies, Hewlett-Packard reported a 2% decline in fourth quarter revenues, missing estimates and sending shares slightly down in after-hours trading.
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Tuesday Sector Leaders: Industrial, Consumer Products In afternoon trading on Tuesday, Industrial stocks are the best performing sector, higher by 0.6%. Within that group, United Technologies (NYSE: UTX) and Pall (NYSE: PLL) are two of the day's stand-outs, showing a gain o...
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Tuesday Sector Laggards: Energy, Utilities

Forbes - 25 Nov 2014 22:23
Tuesday Sector Laggards: Energy, Utilities Looking at the sectors faring worst as of midday Tuesday, shares of Energy companies are underperforming other sectors, showing a 1.0% loss. Within the sector, Cimarex Energy (NYSE: XEC) and FMC Technologies (NYSE: FTI) ...
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FPIs will have to combine stocks held via ODIs with their own holdings The new rule may result in many FPIs breaching the 10% ownership limit in Indian companies set by the government
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CVS Health expanded its MinuteClinic footprint in New Mexico and gave the region its first retail medical clinic by opening MinuteClinics in three CVS pharmacy stores. MinuteClinics are small walk-in retail health clinic...
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Corning has introduced the Gorilla Glass 4, which was a significant improvement over Gorilla Glass 3 and also most other competing cover glass in the market. We believe that the characteristics of the glass will ensure t...
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A Look At The Country's Largest Card Lenders: Credit Card Payment Volumes These seven card issuers reported almost $470 billion in total payments made by customers using their credit cards in Q3 2014 - making this the best quarter in this regard since the economic downturn. The dominance of th...
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Deere revised its revenue guidance further downwards due to continued weakness in the global farm equipment sector. It now forecasts a full fiscal year revenue decline of 6% year-on-year, compared to its previous guidanc...
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. The carrier's offer seems better than similarly priced offers from AT&T, where the Internet speed is only 6 Mbps, as well as Comcast, where the average cost per month over a two-year period is higher at around $68 ($60...
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U.S. stocks were mixed on Tuesday, despite the S&P 500 hitting a new record, after consumer confidence fell in November, offsetting earlier gains from data that revealed the U.S. economy grew stronger than expected last ...
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Santander CEO Marín Replaced

Wall Street Journal - 25 Nov 2014 20:18
The Spanish lender replaced its chief executive with its finance chief and made several changes to its board of directors, in the first major shake-up since Ana Botín took the reins following her father's death.
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First Week of MSFT March 2015 Options Trading Investors in Microsoft Corporation (NASD: MSFT) saw new options begin trading this week, for the March 2015 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value,...
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S&P 500 Analyst Moves: BWA

Forbes - 25 Nov 2014 18:58
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Borg Warner (BWA) is now the #27 analyst pick, moving up by 1 spot.         This rank is f...
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Dow Analyst Moves: MMM

Forbes - 25 Nov 2014 18:57
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, 3M (MMM) is the #15 analyst pick.  Within the broader S&P 500, when compone...
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Merrill Lynch's European Unit Pressured on Risk Management

Wall Street Journal - 25 Nov 2014 18:36
British regulators are pressuring Bank of America's European investment-banking arm to improve the way it manages risks, saying its current practices are "simplistic" and need to be retooled.
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BD (BDX) has declared a quarterly dividend of $0.60 cents per common share, an increase of about 10.0 percent from the previous quarter. The dividend will be payable on December 31, 2014 to holders of record on December ...
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Tuesday's ETF with Unusual Volume: PEJ

Forbes - 25 Nov 2014 18:26
The PowerShares Dynamic Leisure and Entertainment Portfolio ETF (PEJ) is seeing unusually high volume in afternoon trading Tuesday, with over 48,000 shares traded versus three month average volume of about 25,000.  Shar...
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Tuesday's ETF Movers: GDX, XOP

Forbes - 25 Nov 2014 18:24
In trading on Tuesday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 1.3% on the day.  Components of that ETF showing particular strength include shares of Coeur Mining (CDE), up about 3.9% and shares ...
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In trading on Tuesday, agriculture & farm products shares were relative laggards, down on the day by about 1.4%.  Helping drag down the group were shares of Agria (GRO), off about 3.5% and shares of CVR Partners (UAN) d...
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