Market News
Club Med Bidding War Expected To End With New Offer From Chinese Conglomerate Fosun
IBTimes - 1 Dec 2014 18:31
China's Fosun International is expected to outdo an Italian private-equity firm in the ongoing bidding war for control of French holiday operator Club Méditerranée, according to Reuters. The Chinese conglomerate, led b...
Dow Jones Industrial Average, S&P 500 Index Dip Following Japan's Credit Downgrade
IBTimes - 1 Dec 2014 18:31
U.S. stocks opened lower on Monday after Japan's credit downgrade. Weaker-than-expected manufacturing data out of China also weighed on investor sentiment.
Asian stocks fall with US futures, oil on China, holiday sales
livemint.com - 1 Dec 2014 05:50
Collapsing oil prices are damping inflation expectations and pushing global commodity indexes to multi-year lows
What Moody's Downgrade Means For Abe, Japan
IBTimes - 1 Dec 2014 22:31
Moody's Investor Services downgraded Japan's national credit rating on Monday, following Japan's slip into a technical recession and Prime Minister Shinzo Abe's decision last month to hold a snap election in mid-December...
Monday Sector Laggards: Energy, Industrial
Forbes - 1 Dec 2014 21:38
Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 1.4% loss. Within that group, Denbury Resources (NYSE: DNR) and Newfield Exploration (NYSE:...
Week Ahead Market Report: December 1, 2014
Forbes - 1 Dec 2014 21:37
The S&P 500, Dow Jones Industrial Average, and NASDAQ Composite are lower in afternoon trading on Monday. Some of the most actively traded stocks include Apple (AAPL) down 3.15%, Kinder Morgan (KMI) down 3.3%, Bank of Am...
Monday Sector Leaders: Utilities, Healthcare
Forbes - 1 Dec 2014 21:36
In afternoon trading on Monday, Utilities stocks are the best performing sector, up 0.5%. Within that group, Duke Energy (NYSE: DUK) and Consolidated Edison (NYSE: ED) are two large stocks leading the way, showing a gain...
Monday 12/1 Insider Buying Report: GST
Forbes - 1 Dec 2014 21:25
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 one noteworthy recent insider buy.
Daily Dividend Report: SLG, GG, RRC, TSS, HCT
Forbes - 1 Dec 2014 21:21
SL Green Realty (SLG) increased the Company's quarterly dividend on its common stock and OP units by 20% resulting in a new annual dividend of $2.40 per share. In connection therewith, the board of directors declared the...
Monday's ETF Movers: GDXJ, XOP
Forbes - 1 Dec 2014 21:09
In trading on Monday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 8.9% on the day. Components of that ETF showing particular strength include shares of Paramount Gold and Silver (PZG), up ab...
Monday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services
Forbes - 1 Dec 2014 21:08
In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 5.4%. Helping drag down the group were shares of Miller Energy Resources (MILL), down about 22.2% and sha...
Monday Sector Leaders: Precious Metals, Sporting Goods & Activities
Forbes - 1 Dec 2014 21:07
In trading on Monday, precious metals shares were relative leaders, up on the day by about 5.9%. Leading the group were shares of Paramount Gold and Silver (PZG), up about 24.1% and shares of Allied Nevada Gold (ANV) u...
Abercrombie & Fitch Earnings Preview: Weak Demand And Traffic Decline Will Suppress Growth
Forbes - 1 Dec 2014 20:48
Abercrombie's sales were going weak in August and sales trends worsened in the subsequent months, despite the marginal improvement in the U.S. macro-economic environment. Apart from weak traffic in Europe, poor demand fo...
A Closer Look At EOG Resources' Key Business Drivers
Forbes - 1 Dec 2014 20:42
Despite the recent run-up, there is still a significant growth opportunity for EOG Resources in the Eagle Ford shale. At the end of last year, the company's net proved reserves in the play stood at 765 million barrels of...
McDonald's Prepares For Breakfast Battle Amid Uncertainties In Overseas Markets
Forbes - 1 Dec 2014 20:39
Considering the fact that McDonald's coffee sales have increased 70% since the introduction of McCafe specialty coffees in 2009, McCafe is the company's best bet to capture some breakfast market share, by attracting new ...
Intel To Replace TI In The New Version Of Google Glass
Forbes - 1 Dec 2014 20:36
Intel currently derives less than 10% of its valuation and approximately 5% of its revenue from the Internet-of-Things segment. We believe that accelerating its entry in wearables augurs well for Intel's long term growth...
Why We Believe Your Portfolio Needs Global REITs
Forbes - 1 Dec 2014 20:04
Real estate investment trusts- aka REITs- are in the news. Year-to-date through November 20, global REITs, as represented by the S&P Global REIT index, returned 19.2%, which made them the best performer among the 14 glob...
Sebi allows retail to bid at cut-off price in OFS
livemint.com - 1 Dec 2014 19:26
Retail investors can place their bids either at the price fixed for all investors or at the cut-off price, according to the new rules
Stocks fall after weak global data; yen, oil recover from lows
livemint.com - 1 Dec 2014 19:21
MSCI's global share index drops 0.6%, European shares fall 0.6%; data shows slowing factory activity in China, Europe
One Put, One Call Option To Know About for Wal-Mart Stores
Forbes - 1 Dec 2014 19:19
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Wal-Mart Stores, Inc. (NYSE: WMT). So this week we highlight one interesting put contract, and one ...
One Put, One Call Option To Know About for Exxon Mobil
Forbes - 1 Dec 2014 19:19
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Exxon Mobil Corp. (NYSE: XOM). So this week we highlight one interesting put contract, and one inte...
Interesting February 2015 Stock Options for Wells Fargo
Forbes - 1 Dec 2014 19:18
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Wells Fargo & Co. (NYSE: WFC). So this week we highlight one interesting put contract, and one inte...