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Market News

Location American Market News for 2 January 2015
(Reuters) - U.S. stocks opened slightly higher on Friday as equities looked to rebound from a sharp decline in the previous session, but moves and volume were likely to remain small as the holiday week draws to a close.
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The company executed reasonably well on its strategy of transitioning into an enterprise-focused provider of mobility solutions, introducing its latest BES 12 mobile device management software, acquiring new customers th...
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Friday's ETF with Unusual Volume: PGJ

Forbes - 2 Jan 2015 18:54
The PowerShares Golden Dragon China Portfolio ETF (PGJ) is seeing unusually high volume in afternoon trading Friday, with over 298,000 shares traded versus three month average volume of about 64,000.  Shares of PGJ were...
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First Solar: Year In Review

Forbes - 2 Jan 2015 20:44
While the company's financial performance was decidedly mixed, with revenues and gross margins for the first 9 months coming in lower year-over-year due to lower revenue recognition on solar projects, the company perform...
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The company has seen a 7% decline in advertising revenues amid lower ratings in the first nine months of 2014. A similar ratings trend can be seen in most of the broadcasting networks. However, we believe that CBS will r...
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The company expects strong growth for emerging storage solutions on the back of solid demand for software-defined storage, Big Data analytics, cloud storage and flash arrays in the coming quarters. Going forward, we fore...
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Stocks Edge Down On First Trading Day Of The Year Stocks shot out of the gate to open higher on the first trading day of 2015, but quickly lost gains and sunk into red territory by midday.
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The brokerage added almost 250,000 net new trading accounts in 2014 and added over $300 billion client assets under management during the year. Schwab's net revenues in the first three quarters of the year have grown by ...
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Friday 1/2 Insider Buying Report: IFT, AP

Forbes - 2 Jan 2015 20:38
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 cash to mak...
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Oil prices continue to fall, but don't expect the U.S. to curtail its production in 2015. In fact, a recent report from the U.S. Energy Information Administration suggests that U.S. oil production will grow in 2015.
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US stocks fall on manufacturing data after yearly advance Dollar, bonds rally amid speculation that the Fed will raise rates as other central banks extend stimulus
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Weekly Market Wrap: January 2, 2015

Forbes - 2 Jan 2015 20:04
The final trading week of 2014 comes to a close with the Dow Jones, S&P 500 and NASDAQ composite slightly lower in early-afternoon trading on Friday.
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Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (TGP) has declared a cash distribution of $0.70 per unit for the quarter ended December 31, 2014, an increase of 1.2 percent over the cash distribution of $0...
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In trading on Friday, consumer services shares were relative laggards, down on the day by about 3.1%.  Helping drag down the group were shares of Lifelock (LOCK), off about 13.3% and shares of Weight Watchers Internatio...
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In trading on Friday, precious metals shares were relative leaders, up on the day by about 1.6%.  Leading the group were shares of Sandstorm Gold (SAND), up about 9.1% and shares of General Moly (GMO) up about 8.8% on t...
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S&P 500 Analyst Moves: WMB

Forbes - 2 Jan 2015 18:48
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Williams Cos (WMB) is now the #78 analyst pick, moving up by 2 spots.         This rank is...
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XLP, JPP: Big ETF Outflows

Forbes - 2 Jan 2015 17:51
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Consumer Staples Select Sector SPDR Fund (XLP), where 5,100,000 units were destro...
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VEA, MRGR: Big ETF Inflows

Forbes - 2 Jan 2015 17:50
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Vanguard FTSE Developed Markets ETF (VEA), which added 11,005,566 units, or a 1.8% incre...
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Friday 1/2 Insider Buying Report: AVK, LTS

Forbes - 2 Jan 2015 17:43
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 two noteworthy recent insider buys.
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Nasdaq 100 Movers: TSLA, VRTX

Forbes - 2 Jan 2015 17:38
In early trading on Friday, shares of Vertex Pharmaceuticals (VRTX) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.1%.  Year to date, Vertex Pharmaceuticals registers a 3.1...
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Don't fight the market. That would be my New Year's resolution to America's hardy band of investors. Don't fight the market because up markets in stocks last far longer in length than down markets. Over time the bulls ha...
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S&P 500 Movers: DNR, VRTX

Forbes - 2 Jan 2015 17:16
In early trading on Friday, shares of Vertex Pharmaceuticals (VRTX) topped the list of the day's best performing components of the S&P 500 index, trading up 3.4%.  Year to date, Vertex Pharmaceuticals registers a 3.4% g...
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