Market News
U.S. Farmers' Latest Hot Crop: Sorghum
Wall Street Journal - 21 Jan 2015 19:07
The price of sorghum, a long-overlooked grain, has jumped to a premium above corn amid a flood of orders from Chinese buyers.
American markets favoured by 54% in poll as world worsens
livemint.com - 21 Jan 2015 16:26
More than three in five said the US economy is improving while 40% saw global output as deteriorating, says a Bloomberg poll
Using ETFs To Tap Into Hedge Fund Returns
Forbes - 21 Jan 2015 23:25
According to the Investment Company Institute, as of July 2014, there were 1,375 index-based and actively managed exchange traded funds (ETFs) with net assets of approximately $1.8 trillion.
We will continue to invest in US: Ashok Vemuri | Q&A
livemint.com - 21 Jan 2015 21:48
Ashok Vemuri, president and chief executive--iGate Corp., speaks about forex headwinds and investments in new technologies impacting growth
Sebi expected to review SME trading, listing norms
livemint.com - 21 Jan 2015 21:41Wednesday Sector Laggards: Healthcare, Financial
Forbes - 21 Jan 2015 21:35
In afternoon trading on Wednesday, Healthcare stocks are the worst performing sector, showing a 0.2% loss. Within that group, Perrigo Company (NYSE: PRGO) and Alexion Pharmaceuticals (NASD: ALXN) are two of the day's lag...
ECB Proposal: Roughly €50 Billion in Bond Buys Per Month
Wall Street Journal - 21 Jan 2015 21:32
A proposal from the ECB's executive board calls for bond purchases of roughly €50 billion ($58 billion) a month that would last for a minimum of one year, according to people familiar with the matter.
Notable Wednesday Option Activity: AMZN, IBM, AAPL
Forbes - 21 Jan 2015 21:32
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Amazon.com Inc. (NASD: AMZN), where a total of 106,852 contracts have traded so far, representing approximately 10.7...
Dow Jones Industrial Average Opens Down As Investors Look To European Central Bank Move
IBTimes - 21 Jan 2015 21:31
The Dow Jones Industrial Average was down slightly in early trading on Wednesday, a day ahead of a highly anticipated announcement from the European Central Bank (ECB) to implement a bond-buying program to fight deflatio...
The rise and rise of the rupee
livemint.com - 21 Jan 2015 21:05
Rupee has appreciated by 2.6% in January so far alone
How Equity Investors Can Sleep Better at Night
Forbes - 21 Jan 2015 20:53
It's important to understand the measuring stick utilized when evaluating risk associated with a portfolio.
Daily Dividend Report: O, OGS, FE, EQT, CIT, NRP, BGG
Forbes - 21 Jan 2015 20:47
Realty Income (O) has declared an increase in the company's common stock monthly cash dividend to $0.189 per share from $0.1834167 per share. The dividend is payable on February 17, 2015 to shareholders of record as of F...
Intuitive Surgical Earnings Preview: da Vinci Xi Adoption, International Sales In Focus
Forbes - 21 Jan 2015 20:44
The spike in quarterly revenue is likely due to higher unit sales of its new da Vinci Xi model and a rise in total procedures. For the full year 2014, the company expects procedure volumes to have grown by 9% y-o-y, driv...
Netflix Back To Winning Ways As Subscriber Growth Satisfies Investors
Forbes - 21 Jan 2015 20:40
The subscriber base grew by 4.33 million during the quarter and the company's global subscriber base now stands at 57.4 million. In a letter to shareholders, Netflix also reaffirmed its focus on original content and its ...
China Mobile Ends 2014 With A Whopping 90 Million 4G Users
Forbes - 21 Jan 2015 20:38
December marked the carrier's best performance in terms of monthly 4G user additions to date, and was likely a result of its revised strategy of focusing solely on promoting its 4G network. Several reports in the media l...
Baker Hughes Reports Solid Q4 Growth, Weak Crude Prices Dim Outlook
Forbes - 21 Jan 2015 20:36
Quarterly revenues grew by around 13% year-over-year to $6.64 billion owing to higher activity in North America and strong year-end product sales in international markets. Pre-tax margins also rose from around 10% in Q4 ...
Poddar Developer raises Rs125 crore through QIP
livemint.com - 21 Jan 2015 19:54
Real estate firm sells shares at `1,125.21 per share
Netflix Doubles Down On Global Growth Bet, Original Content
Forbes - 21 Jan 2015 19:45
After a rebound quarter, Netflix is doubling down on its big bets on international subscribers and original series.
Wednesday's ETF with Unusual Volume: PFM
Forbes - 21 Jan 2015 19:33
The PowerShares Dividend Achievers Portfolio ETF (PFM) is seeing unusually high volume in afternoon trading Wednesday, with over 135,000 shares traded versus three month average volume of about 42,000. Shares of PFM we...
Wednesday's ETF Movers: XOP, GDXJ
Forbes - 21 Jan 2015 19:32
In trading on Wednesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 4.1% on the day. Components of that ETF showing particular strength include shares of Laredo Petr...
Wednesday Sector Laggards: Precious Metals, Biotechnology Stocks
Forbes - 21 Jan 2015 19:31
In trading on Wednesday, precious metals shares were relative laggards, down on the day by about 2.6%. Helping drag down the group were shares of Eldorado Gold (EGO), down about 18.8% and shares of Asanko Gold (AKG) of...
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Metals & Mining Stocks
Forbes - 21 Jan 2015 19:30
In trading on Wednesday, oil & gas exploration & production shares were relative leaders, up on the day by about 3.9%. Leading the group were shares of Mid-Con Energy Partners (MCEP), up about 17.3% and shares of Lared...