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Market News

Location American Market News for 23 December 2014
The industrial conglomerate aggressively repositioned its portfolio during the year through multiple acquisitions and divestitures. The portfolio changes that the company made during the year have taken it closer to indu...
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NSEL case: Investor moves court against Motilal Oswal, PhillipCapital In first complaint against the role played by brokers, plea requests court to direct EOW to file fresh FIR
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U.S. Government Bonds Sell Off

Wall Street Journal - 23 Dec 2014 23:28
Treasury bonds suffered the biggest one-day selloff in more than a year on Tuesday as the U.S. economy last quarter grew at the fastest pace in more than a decade.
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(Reuters) - China's private sector suitors are set to drive another strong year of Asian mergers and acquisitions in 2015 after deals hit a record this year, with consumer retail, financial services and technology seen a...
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(Reuters) - The French firm Alstom SA (ALSO.PA) has pleaded guilty and will pay $772 million in criminal penalties to settle charges with the U.S. Justice Department alleging the company bribed government officials to wi...
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(Reuters) - A computer breach at JPMorgan Chase & Co (JPM.N) earlier this year could have been avoided if the bank had installed a simple security fix to an overlooked server in its network, the New York Times reported, ...
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Gilead Sciences, Lockheed Martin And 5 Other Winning Stocks Set For A Slide In 2015 Most investors believe the bull market will continue through 2015 but become more selective as it matures.
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Boards' Longtimers Face Pressure to Move On

Wall Street Journal - 23 Dec 2014 22:23
Time may be running out for long-serving directors on U.S. corporate boards. Joining with activist investors, asset managers and other critics say veteran board members often can't keep up with rapid changes in business.
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A 'Santa Yellen' Market Rally To Close Out 2014 While I would contend that the Fed really did not alter their stance significantly following their most recent meeting, the market clearly received a different signal.
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Tuesday Sector Laggards: Healthcare, Technology & Communications In afternoon trading on Tuesday, Healthcare stocks are the worst performing sector, showing a 1.5% loss. Within that group, Celgene (NASD: CELG) and Biogen Idec (NASD: BIIB) are two of the day's laggards, showing a loss ...
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Fed Scores in Bid to Keep Cash From Trash

Wall Street Journal - 23 Dec 2014 21:27
The Federal Reserve destroys more than 5,000 tons of U.S. currency a year--billions of dollars in torn, dirty or worn-out bills. The central bank now recycles more than 90% of its discarded bills.
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Is a strong dollar a worry for the markets?

livemint.com - 23 Dec 2014 21:16
Is a strong dollar a worry for the markets? Dollar hasn't gained over the rupee the same extent it has over other currencies
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Given the season which is upon us, I’m not too sure if the tradition still holds of parents telling their misbehaved children that they will get coal in their stocking rather than presents. Ironically, that little nugg...
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L Brands Trumps Market Growth In November

Forbes - 23 Dec 2014 20:44
L Brands' merchandise margins remained flat as compared to last year and its inventories per square foot were down 14% from the year ago period. Such a decline in inventories indicates that the retailer would have entere...
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What's Driving CSX In 2015?

Forbes - 23 Dec 2014 20:42
Though there does remain a threat from declining crude oil prices, CSX remains fairly confident about its chemicals shipments because of the positive feedback from its customers regarding crude oil demand. Additionally, ...
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Why we believe Akamai is fairly valued

Forbes - 23 Dec 2014 20:40
We believe that Akamai is fairly valued and our price estimate for Akamai stands at $61.70. This price estimate is based on our expectation that the company can increase its revenue by 1.9x from an expected $2.0 billion ...
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While oil prices have seen a sharp decline over recent months, the fall is expected to reverse in the short-term - allowing the oil merchandising business to book considerable profits on the existing difference between t...
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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to ...
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Dow tops 18,000, S&P hits new record on US GDP growth Final estimate of the US GDP for third quarter revised up to 5% annual pace, its quickest in 11 years
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Daily Dividend Report: SCS, EBF, IHC, FF

Forbes - 23 Dec 2014 20:26
Steelcase (SCS) declared a cash dividend of $0.105 per share, to be paid on or before January 15, 2015 to shareholders of record as of January 2, 2015.
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Sebi allows exit of Cochin Stock Exchange

livemint.com - 23 Dec 2014 19:38
Sebi allows exit of Cochin Stock Exchange The exit of CoSE allowed after the bourse complied with conditions laid down by Sebi
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Tuesday's ETF with Unusual Volume: GNR

Forbes - 23 Dec 2014 19:35
The SPDR S&P Global Natural Resources ETF (GNR) is seeing unusually high volume in afternoon trading Tuesday, with over 790,000 shares traded versus three month average volume of about 138,000.  Shares of GNR were up ab...
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