Market News
Euro Falls To 9-Year Low, Asia Shares Lackluster
IBTimes - 5 Jan 2015 05:31
(Reuters) - The euro hit a nearly nine-year low versus the dollar on Monday as investors bet on quantitative easing by the European Central Bank while Asian shares were subdued as soft manufacturing surveys soured the mo...
Vietnam Fumbles For New Plan To Attract (And Repel) Foreign Funds
Forbes - 5 Jan 2015 02:00
Vietnam was supposed to raise the cap this year on foreign investment in listed companies. Now it’s supposed to do that toward the end of this year or maybe next, an obvious disappointment to offshore investors. Approv...
Morgan Stanley Fires Staffer Over Data Theft
Wall Street Journal - 5 Jan 2015 23:39
Morgan Stanley fired a financial adviser accused of stealing account information from 350,000 of its wealth-management clients, or about 10% of the firm's total, and posting some of the data on the Internet.
Euro's New Low Creates Winners and Losers
IBTimes - 5 Jan 2015 23:31
The euro is at a nine-year low, but it's not exactly a crisis for everyone. On Monday, the eurozone currency fell 1.2 percent against the U.S. dollar to hit $1.19, its lowest rate since March 2006.
Oil Prices Tumble Below $50 a Barrel, Sending Dow Jones Spiraling Down More Than 300 Points
IBTimes - 5 Jan 2015 23:31
U.S. oil prices tumbled below $50 a barrel Monday for the first time since April 2009, sending the blue-chip Dow Jones Industrial Average plunging more than 300 points.
From Ebola To Police Protests Retail Investors Bought The News In 2014
Forbes - 5 Jan 2015 22:52
The top traded names among retail investors in 2014 were largely the usual suspects with Apple, State Street's S&P 500 tracking ETF (SPY), Facebook, Twitter and Tesla Motors making up the top five. (This top five is ne...
The 10 Names Retail Investors Traded Most In 2014
Forbes - 5 Jan 2015 22:52
Apple reigns once again as the top trade and top holding among TD Ameritrade's retail clients.
Funds Added To NextEra Energy Positions
Forbes - 5 Jan 2015 22:30
At Holdings Channel, we have reviewed 3,611 13F filings for the 12/31/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...
Monday Sector Leaders: Healthcare, Consumer Products
Forbes - 5 Jan 2015 21:35
The best performing sector as of midday Monday is the Healthcare sector, losing just 0.7%. Within the sector, Boston Scientific (NYSE: BSX) and Zimmer Holdings (NYSE: ZMH) are two of the day's stand-outs, showing a gain ...
Will 2015 see a pre-budget rally?
livemint.com - 5 Jan 2015 21:02
There are hopes that the Union budget will usher in some of the reforms the markets have been looking forward to
Power of the state
livemint.com - 5 Jan 2015 20:59
Announcements on new power plants, requiring investments close to Rs1 trillion, were made in both the September and December quarters
Currency movements may affect IT firms' December quarter results
livemint.com - 5 Jan 2015 20:49
The currency fluctuations are likely to affect revenue growth in dollar terms by 100-220 basis points for top IT firms, said a Centrum Broking report
Financials Weekly Notes: BofA, Goldman and Morgan Stanley
Forbes - 5 Jan 2015 20:44
The last trading week for 2014 saw bank shares mirror the larger equity market, with gains seen on Monday, December 29 being erased completely by a sharp decline on Wednesday. Investor sentiments remained high at the beg...
Competition Is Shaking Up The Online Travel Market
Forbes - 5 Jan 2015 20:40
The online travel sales figure is estimated to be growing at 12% annually. OTAs have 15% of total hotel sales in the U.S. with around $19 billion of gross bookings and are expected to grow 5-6% over the next two years. O...
Morgan Stanley Gains Most Among Banking Giants For Second Consecutive Year
Forbes - 5 Jan 2015 20:38
Bank stocks outperformed the larger market for the year, as investors reacted positively to news of an increase in benchmark interest rates by the Fed in the near future - something that will finally ease the pressure on...
At CES, Nvidia Adds Two High Power Computing Solutions To Its Automotive Portfolio
Forbes - 5 Jan 2015 20:36
Mobile supercomputing, as the company terms it, will be central to tomorrow's car, in Nvidia's view. Automotive electronics is a large market and is going through a transition as cars have increased computing capability ...
Dow Jones Industrial Average Drops More Than 200 Points As Oil Prices Plunge
IBTimes - 5 Jan 2015 20:31
U.S. stocks dropped Monday, with the Dow Jones Industrial Average tumbling more than 200 points, after the price of oil tumbled to its lowest level since 2009. Brent crude, the global benchmark for oil prices, dropped be...
Currency options trading comes to a halt at MCX-SX
livemint.com - 5 Jan 2015 20:25
Exchange awaits approval to launch fresh contracts after it says it submitted net worth and business plans, as asked by Sebi
Zee Media seeks Sebi's nod for Rs200 crore rights issue
livemint.com - 5 Jan 2015 19:36
Funds to be utilized towards purchase of equipment and accessories for production and broadcasting; repayment of loans
Energy stocks lead Wall Street lower in broad selloff
livemint.com - 5 Jan 2015 19:32
Dow Jones falls 1.31%, S&P 500 loses 1.32%, Nasdaq drops 0.89%
Daily Dividend Report: JNJ, GG, OZRK, ALG
Forbes - 5 Jan 2015 19:32
Johnson & Johnson (JNJ) has declared a cash dividend for the first quarter of 2015 of $0.70 per share on the company's common stock. The dividend is payable on March 10, 2015 to shareholders of record at the close of bus...
Monday's ETF with Unusual Volume: IXUS
Forbes - 5 Jan 2015 19:26
The iShares Core MSCI Total International Stock ETF (IXUS) is seeing unusually high volume in afternoon trading Monday, with over 7.1 million shares traded versus three month average volume of about 110,000. Shares of ...