Market News
Dodgy Home Appraisals Are Making a Comeback
Wall Street Journal - 2 Dec 2014 07:22
Home appraisers are inflating the value of some properties they assess, often at the behest of loan officers and real-estate agents, in what industry executives say is a return to practices seen before the financial cris...
Earnings Increase Expected for Kroger
Forbes - 2 Dec 2014 21:00
Analysts expect higher profit for Kroger when the company reports its third quarter results on Thursday, December 4, 2014. The consensus estimate is calling for profit of 61 cents a share, reflecting a rise from 53 cents...
BP and BG boosted by bid talk
Telegraph - 2 Dec 2014 21:09
Shares in the oil and gas companies outperformed a buoyant FTSE 100
Five reasons why markets are heading for a crash
Telegraph - 2 Dec 2014 22:03
Hold onto your hats. Stock markets look much as they did in 2000 and 2007
Tuesday Sector Leaders: Healthcare, Utilities
Forbes - 2 Dec 2014 21:36
The best performing sector as of midday Tuesday is the Healthcare sector, up 1.0%. Within the sector, Biogen Idec (NASD: BIIB) and Alexion Pharmaceuticals (NASD: ALXN) are two large stocks leading the way, showing a gain...
Tuesday Sector Laggards: Consumer Products, Technology & Communications
Forbes - 2 Dec 2014 21:33
The worst performing sector as of midday Tuesday is the Consumer Products sector, higher by 0.2%. Within that group, Coach (NYSE: COH) and Monster Beverage (NASD: MNST) are two of the day's laggards, showing a loss of 3....
Attention Insider Traders: These Wall Street Vets May Have The Tech To Nail You
Forbes - 2 Dec 2014 21:05
As part of his punishment for what authorities call the most profitable insider trading scheme in history, Matthew Martoma had his Thanksgiving meal in FCI Miami—the prison that he checked into on November 20th. The fo...
Two sub-investment grade dollar bond issues fail to close
livemint.com - 2 Dec 2014 21:04Earnings Increase Expected for Dollar General
Forbes - 2 Dec 2014 21:00
Wall Street is expecting higher profit for Dollar General when the company reports its third quarter results on Thursday, December 4, 2014. The consensus estimate is calling for profit of 80 cents a share, a rise from 72...
Abercrombie & Fitch EPS Expectations Down Over Past Month
Forbes - 2 Dec 2014 21:00
Analysts have become increasingly bearish on Abercrombie & Fitch in the month leading up to the company's third-quarter earnings announcement scheduled for Wednesday, December 3, 2014. The consensus analyst estimate has ...
Barnes & Noble Earnings Projected to Increase
Forbes - 2 Dec 2014 21:00
Wall Street is optimistic about Barnes & Noble, which is slated to report its second quarter results on Thursday, December 4, 2014. Analysts project a profit of 17 cents a share, a rise from 15 cents per share a year ago...
Loss Expected to Widen for Aeropostale
Forbes - 2 Dec 2014 21:00
Aeropostale is expected to book a wider loss than a year ago when it reports third-quarter earnings on Wednesday, December 3, 2014. Analysts are expecting a loss of 45 cents per share, down from a loss of 29 cents per sh...
Smith & Wesson Holding Profit Expected to Slip
Forbes - 2 Dec 2014 21:00
Despite an expected dip in profit, analysts are generally optimistic about Smith & Wesson Holding as it prepares to reports its second-quarter earnings on Thursday, December 4, 2014. The consensus earnings per share esti...
Preview: American Eagle Likely Outperformed On Slower Sales Declines And Better Margins y Improved
Forbes - 2 Dec 2014 20:41
While American Eagle?s comparable sales decline still remains significant, improvement in the third quarter results cannot be ignored. The company was able to operate with fewer markdowns amid a highly promotional retail...
Transocean: Why A Dividend Cut May Be Inevitable
Forbes - 2 Dec 2014 20:38
Last week SeaDrill, the third largest offshore driller by market cap, caught investors off guard by suspending its dividend payout in order to prune down its debt load and to help to finance possible acquisitions. We bel...
Here's Why Changing Market Dynamics Should Worry Alibaba's Investors
Forbes - 2 Dec 2014 20:35
The Chinese online shopping market can be broken down into consumer-to-consumer (C2C) and business-to-consumer (B2C) segments. While C2C sales comprised for around 60% of the market in 2013, its share is expected to drop...
Welcome To Brazil: The Effect Of Immigration On The Country's Economy
Forbes - 2 Dec 2014 20:32
With immigration on (or near) the top of everyone’s minds in the U.S. lately, I thought it would be helpful to take a look at immigration’s effect on Brazil. A continuous inflow of highly qualified immigrants is a ke...
Dow Jones Industrial Average, S&P 500 Index Rebound On Strong Auto Sales And Construction Spending
IBTimes - 2 Dec 2014 19:31
U.S. stocks rebounded on Tuesday, following the prior day's losses, boosted by better-than-expected construction spending in October, along with strong auto sales last month from Ford Motor Company, Chrysler Group and Ge...
What Plunging Oil Prices Mean For US Consumers, Petroleum Producers, Oil Service Companies
IBTimes - 2 Dec 2014 19:31
Energy analysts are wondering how low crude oil prices will fall after the more than 3 percent drop in global prices on Black Friday. The international benchmark for crude oil, known as Brent blend, dipped below $70 a ba...
Don't Forget the Rails in 2015
Forbes - 2 Dec 2014 19:16
The stock market had an early ugly start to the new month, though, by the close, the losses were not that severe. Market internals were 3-1 negative, which dropped the McClellan oscillator to -148 as the zero line was de...
Oil heads lower again, global stocks move higher
livemint.com - 2 Dec 2014 18:54
Brent crude drops to $71.69 a barrel, while US crude oil falls to $68.10; MSCI's global share index rises 0.2%
Why Disney Is Poised for Double-Digit Gain
Forbes - 2 Dec 2014 18:31
Merchandise sales for last year’s megahit movie Frozen are not the reason Disney (DIS) stock is soaring, but they aren’t hurting things. Likewise the success of this holiday season’s screen fare, Big Hero Six and i...