Market News
RBI directs all banks, NBFCs to share data with credit bureaus
livemint.com - 15 Jan 2015 12:58
The latest RBI directive is aimed mainly at NBFCs, many of which still do not use credit bureaus
Unfolding Greek Euro Tragedy Could Be Perilous For Germany
Forbes - 15 Jan 2015 23:29
Germany could be the biggest victim if Greek political turmoil derails the single currency.
Currencies In Crisis Make Swiss Cheese Of Stocks
Forbes - 15 Jan 2015 23:09
On Thursday morning, the Swiss National Bank (SNB) surprised the world by abandoning its managed Swiss franc floor against the euro. The SNB said as recently as Monday that it remained committed to the 1.20 minimum EUR...
Don't Expect Miracles From Universal Technical Institute
Forbes - 15 Jan 2015 23:02
Universal Technical Institute (UTI) suffers from unreasonably high valuation and steadily declining enrollment. Bulls focus on UTI’s assets and clean balance sheet but overlook the company’s $142 million in off-balan...
15 Great Stocks For 2015
Forbes - 15 Jan 2015 23:02
Trying to outguess the market can make a fool of anyone. Instead of trying to move in and out of the market, a better strategy is to buy quality stocks that you can ideally hold for the longer term. With that in mind, we...
Best Buy Battered After Soft Sales Forecast, But Optimists Still Abound
Forbes - 15 Jan 2015 22:55
Despite posting strong holiday sales thanks to demand for smartphones and large-screen TVs, Best Buy is warning investors of a gloomier picture ahead.
Understand Markets In 2015 With These 15 Charts
Forbes - 15 Jan 2015 22:24
In anticipation of the new year ahead, I’ve pulled together 15 charts that we’ll be watching and might help guide our expectations for what 2015 has in store for us. After looking them over, be sure to share some of ...
Thursday Sector Leaders: Utilities, Consumer Products
Forbes - 15 Jan 2015 21:40
Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, higher by 0.5%. Within that group, Consolidated Edison (NYSE: ED) and Northeast Utilities (NYSE: NU...
Thursday Sector Laggards: Services, Technology & Communications
Forbes - 15 Jan 2015 21:40
Looking at the sectors faring worst as of midday Thursday, shares of Services companies are underperforming other sectors, showing a 1.2% loss. Within that group, Best Buy (NYSE: BBY) and D.R. Horton (NYSE: DHI) are two ...
No Respite For McDonald's As Situation Worsens In Eastern Markets
Forbes - 15 Jan 2015 20:44
Despite the dominance of the Golden Arches in the fast food industry with 17% market share by value last year, the company has been facing stunted growth over the last few years. McDonald's has been reporting a mere 2% a...
AMD: Q4'14 To Be Weak But 2015 Looks Promising
Forbes - 15 Jan 2015 20:42
Despite the strong performance, AMD's stock price has declined by approximately 40% in the last six months, as it reported weak Q3 2014 earnings and its Q4 2014 outlook was below analysts' expectations. AMD expects its r...
AT&T A Holding Of Latest 13F Filers
Forbes - 15 Jan 2015 20:41
At Holdings Channel, we have reviewed the latest batch of the 23 most recent 13F filings for the 12/31/2014 reporting period, and noticed that AT&T Inc (NYSE: T) was held by 16 of these funds. When hedge fund managers ap...
Wells Fargo Sees Q4 Growth Despite Shrinking Interest Margin, Higher Costs
Forbes - 15 Jan 2015 20:40
To make matters worse, the bank's non-interest expenses jumped almost 5% year-on-year and 3% quarter-on-quarter - outpacing revenue growth for both these periods. The resulting reduction in Wells Fargo's operating margin...
Daily Dividend Report: SLB, BLK, FAST, TGT, PPG, AON, MMC, LEN, GT, NNN
Forbes - 15 Jan 2015 20:38
Schlumberger (SLB) declared a quarterly dividend of $0.50 per share of outstanding common stock. The dividend is payable on April 10, 2015 to stockholders of record at the close of business on February 11, 2015.
Microsoft-Nokia Launches Cheap Lumia Phones For Price Sensitive Consumers
Forbes - 15 Jan 2015 20:33
Microsoft has announced two new Lumia smartphones - Lumia 435 and Lumia 532 that are powered by its Windows Phone 8.1 mobile OS and will beefing up its portfolio at the lower end of the price spectrum. These phones are t...
Thursday's ETF with Unusual Volume: COPX
Forbes - 15 Jan 2015 20:31
The Copper Miners ETF (COPX) is seeing unusually high volume in afternoon trading Thursday, with over 122,000 shares traded versus three month average volume of about 35,000. Shares of COPX were down about 0.7% on the ...
Thursday's ETF Movers: GDX, ITB
Forbes - 15 Jan 2015 20:30
In trading on Thursday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 6.3% on the day. Components of that ETF showing particular strength include shares of Goldcorp (GG), up about 11.1% and shares of ...
Thursday Sector Laggards: General Contractors & Builders, Music & Electronics Stores
Forbes - 15 Jan 2015 20:29
In trading on Thursday, general contractors & builders shares were relative laggards, down on the day by about 5.9%. Helping drag down the group were shares of Beazer Homes USA (BZH), down about 8.4% and shares of M/I ...
Thursday Sector Leaders: Precious Metals, Gas Utilities
Forbes - 15 Jan 2015 20:27
In trading on Thursday, precious metals shares were relative leaders, up on the day by about 5.8%. Leading the group were shares of Comstock Mining (LODE), up about 16.4% and shares of Richmont Mines (RIC) up about 15....
TCS results will again disappoint investors
livemint.com - 15 Jan 2015 20:02Is Barron's $20 Crude Oil Story Bullish?
Forbes - 15 Jan 2015 19:53
The higher opening in crude oil Wednesday was negated by a much weaker than expected Retail Sales report as stocks were hammered once again. The weak sales seem to be in conflict with other data on the consumer, which su...
Real interest rates rise
livemint.com - 15 Jan 2015 19:44
After RBI's rate cut, the real policy rate is still higher than most other emerging markets bar Russia and Brazil