Market News
China Factory Activity Contracts In December As Slowdown Deepens
IBTimes - 31 Dec 2014 07:31
(Reuters) - Activity in China's factory sector shrank for the first time in seven months in December, a private survey showed on Wednesday, highlighting the urgency behind a series of surprise easing moves by Beijing in ...
Dow Jones Industrial Average Closes Below 18,000, Gold Prices Spike In Flight To Safety
IBTimes - 31 Dec 2014 04:31
U.S. stocks dropped Tuesday, with the Dow Jones Industrial Average closing below the 18,000 milestone as concerns about Greece's failure to elect a new president, coupled with declining oil prices, weighed on the global ...
Markets See Red in Last Trading Day Of 2014 But Finish Up For The Year
Forbes - 31 Dec 2014 23:58
U.S. equities closed the last trading day of 2014 down for the day but up for the year, finishing out a year that brought us ISIS, Ebola and a spate of other depressing headlines.
Returning to Senna's home circuit
CNN - 31 Dec 2014 23:45
A lap of the Interlagos track for the penultimate race in the 2014 calendar.
Dow Jones Industrial Average Gains While Oil Prices Hover Around 6-Year Low
IBTimes - 31 Dec 2014 22:31
U.S. stocks edged higher Wednesday, with the Dow Jones Industrial Average climbing above the 18,000 milestone, as investors shrugged off mixed jobless claims data during the last day of trading for 2014. Meanwhile, Brent...
OPEC December crude output slips as global oil prices tumble
livemint.com - 31 Dec 2014 22:03
Brent and West Texas Intermediate futures dropped to the lowest levels since May 2009 on Wednesday, capping the worst year since 2008
Rising Rates Aren't Poison for Stocks
Wall Street Journal - 31 Dec 2014 21:33
Indeed, the market has risen in most periods when the Federal Reserve tightens, columnist Morgan Housel says.
Hennessy Japan Fund's October 31, 2014 Letter to Shareholders
Forbes - 31 Dec 2014 21:21
ear Shareholder:As I look back at 2014, I realize that in this age of rapidly evolving technology, information is delivered and absorbed so quickly that it is difficult to remember what happened last week, let alone what...
Russia Props Up Gazprombank
Wall Street Journal - 31 Dec 2014 20:42
Russia rushed to complete a bailout of banks ahead of the New Year holiday, injecting more than $700 million into OAO Gazprombank, the country's third-largest lender.
Trina Solar's Year In Review
Forbes - 31 Dec 2014 20:40
Trina Solar had a reasonably good year, driven by strong demand growth, stabilizing average selling prices and its increasing focus on the downstream solar market. The company's revenues are poised to rise by around 20% ...
The Year That Was: Harley-Davidson
Forbes - 31 Dec 2014 20:38
Harley's stock has taken a hit this year, declining by 4%, mainly as the demand in the U.S. remained weak in the early part of the year, and the recovery in Europe was slower than expected. The company also lowered its f...
Credit Suisse Sells Commodities Trading Book To Citigroup
Forbes - 31 Dec 2014 20:36
The sale of the bank's commodities positions comes within weeks of Credit Suisse's decision to scale down its prime brokerage unit. At the same time, the sale highlights Citigroup's determination to grow its commodities ...
Google In 2014
Forbes - 31 Dec 2014 20:34
Google's stock underperformed the market in 2014 as the stock declined by 3% compared to 16% return on NASDAQ composite index. During the year, the company increased its focus on growing penetration in the hardware space...
Daily Dividend Report: DOC, LEO, DSM, DMF
Forbes - 31 Dec 2014 20:07
Physicians Realty Trust (DOC) has authorized and the Company has declared a quarterly cash dividend of $0.225 per common share for the quarter ending December 31, 2014.
Wednesday's ETF with Unusual Volume: MLPX
Forbes - 31 Dec 2014 20:03
The MLP and Energy Infrastructure ETF (MLPX) is seeing unusually high volume in afternoon trading Wednesday, with over 502,000 shares traded versus three month average volume of about 81,000. Shares of MLPX were up abo...
GrubHub Positioned For Gains, Growth And Even An Uber Partnership, Analyst Says
Forbes - 31 Dec 2014 19:55
A Wall Street analyst has upgraded GrubHub's stock, making the case for why the food ordering service can grow its user base, boost its bottom line, and possibly forge a partnership with a company like Uber or Priceline.
Wednesday's ETF Movers: XBI, GDXJ
Forbes - 31 Dec 2014 19:38
In trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Chimerix (CMRX), up about 6.5% and sha...
Wednesday Sector Laggards: Oil & Gas Exploration & Production, Precious Metals
Forbes - 31 Dec 2014 19:36
In trading on Wednesday, oil & gas exploration & production shares were relative laggards, down on the day by about 0.7%. Helping drag down the group were shares of Cypress Energy Partners (CELP), off about 5.6% and sh...
Wednesday Sector Leaders: Agriculture & Farm Products, General Contractors & Builders
Forbes - 31 Dec 2014 19:34
In trading on Wednesday, agriculture & farm products shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Agria (GRO), up about 6.7% and shares of CVR Partners (UAN) up about 3% o...
S&P 500 Analyst Moves: RCL
Forbes - 31 Dec 2014 18:49
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Royal Caribbean Cruises (RCL) is now the #62 analyst pick, moving up by 1 spot. Th...
Royal Caribbean Cruises Achieves #62 Analyst Rank, Surpassing Snap-On
Forbes - 31 Dec 2014 18:48
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Royal Caribbean Cruises Ltd. (NYSE: RCL) has taken over the #62 spot from Snap-On, Inc. (NYSE: SNA), according ...