Market News
RBC to Buy City National
Wall Street Journal - 22 Jan 2015 16:49
Royal Bank Of Canada agreed to buy Los Angeles-based retail and commercial lender City National Corp. for about $5.4 billion in cash and stock, bolstering the big Canadian lender's U.S. presence.
Barclays Digs In Against Eric Schneiderman's Dark Pool Lawsuit
Forbes - 22 Jan 2015 01:13
Barclays is planning to fight New York Attorney General Eric Schneiderman after he accused the British bank of misrepresenting its equity trading activities to clients in an amended complaint filed against the firm.
Penney Resurrects Print Catalog To Trigger Online Sales
Forbes - 22 Jan 2015 16:29
J.C. Penney plans to bring back its "Big Book" catalog after five years, finding through analysis that online sales were partly driven by what the shoppers first saw in print.
ECB's Bold Move Boosts Stocks, But It's Just A First Step
Forbes - 22 Jan 2015 23:25
The ECB took its boldest steps yet to stem the tide of Eurozone deflation Thursday, but some are warning that spending 1.1 trillion euros on sovereign bonds over the 18 months is just a first step.
Dow Jones Industrial Average Rises On European Central Bank Move; Euro Slides Against The Dollar
IBTimes - 22 Jan 2015 22:32
The Dow Jones Industrial Average gained Thursday after the European Central Bank announced a stimulus program to increase the money supply by 60 billion euros a month, a move aimed at stoking inflation and spurring econo...
Walt Disney Popular Amongst Latest 13F Filers
Forbes - 22 Jan 2015 22:12
At Holdings Channel, we have reviewed the latest batch of the 29 most recent 13F filings for the 12/31/2014 reporting period, and noticed that Walt Disney Co. (NYSE: DIS) was held by 17 of these funds. When hedge fund ma...
Down Payments Get Smaller
Wall Street Journal - 22 Jan 2015 22:07
More mortgage lenders are allowing home buyers to put down 3% or less of the price.
The ECB Pulls The Trigger, But Questions Remain Over Its Aim and Timing
Forbes - 22 Jan 2015 21:58
At long last, the European Central Bank embraces quantitative easing, but an aversion to risk sharing could only defer tensions in the euro zone.
Thursday Sector Laggards: Energy, Utilities
Forbes - 22 Jan 2015 21:45
Looking at the sectors faring worst as of midday Thursday, shares of Energy companies are underperforming other sectors, showing a 1.0% loss. Within that group, Chesapeake Energy (NYSE: CHK) and QEP Resources (NYSE: QEP)...
Sebi relaxes norms on delisting of shares
livemint.com - 22 Jan 2015 21:38
Clause on participation of 25% investors not applicable if bankers show all shareholders have been contacted
TD Ameritrade Ends 2014 On A High Note As Core Businesses Drive Growth
Forbes - 22 Jan 2015 21:23
The growth in net revenues was largely responsible for the margin improvement as most expenses remained flat. The only significant rise in the company's operating expenses was in compensation and benefits costs, which ro...
TI To Close 2014 On A Strong Note: Earnings Preview
Forbes - 22 Jan 2015 21:21
As revenue from the wireless business almost phased out in Q1 2014, TI witnessed strong top line growth in 2014. For the first three quarters of fiscal 2014, TI's revenue grew 6.5% compared to the same period last year. ...
GE: Commercial Aviation Upcycle Could Lift Results Despite Oil Weakness & A Smaller GE Capital
Forbes - 22 Jan 2015 21:19
The industrial conglomerate is coming off a good performance in the first three quarters of 2014, in which its revenue and profit rose on higher shipments of airplane engines and oil & gas drilling equipment. In the four...
Daily Dividend Report: MWE, ALK, GM, ADP, AEP, BHI, BRO
Forbes - 22 Jan 2015 20:55
MarkWest Energy Partners (MWE) declared a cash distribution of $0.90 per common unit for the fourth quarter of 2014, for an implied annual rate of $3.60 per common unit. The fourth quarter 2014 distribution represents an...
For Suzlon, Senvion a good riddance
livemint.com - 22 Jan 2015 20:48
While it's true that Senvion was Suzlon's best performing asset, it was also the chief reason behind its unmanageable debt
Thursday 1/22 Insider Buying Report: CMA, AEO
Forbes - 22 Jan 2015 20:48
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.
The stock market rally: 2008 vs now
livemint.com - 22 Jan 2015 20:41
The difference this time is that analysts are betting the market is only at the start of a multi-year bull rally
Thursday Sector Leaders: Airlines, Railroads
Forbes - 22 Jan 2015 20:36
In trading on Thursday, airlines shares were relative leaders, up on the day by about 2.5%. Leading the group were shares of GOL Linhas Areas Inteligentes (GOL), up about 7.9% and shares of Southwest Airlines Company (...
Thursday Sector Laggards: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty Stocks
Forbes - 22 Jan 2015 20:35
In trading on Thursday, oil & gas exploration & production shares were relative laggards, down on the day by about 0.9%. Helping drag down the group were shares of Magnum Hunter Resources (MHR), off about 10.3% and sha...
Thursday's ETF with Unusual Volume: MTUM
Forbes - 22 Jan 2015 20:34
The iShares MSCI USA Momentum Factor ETF (MTUM) is seeing unusually high volume in afternoon trading Thursday, with over 199,000 shares traded versus three month average volume of about 42,000. Shares of MTUM were up a...
Thursday's ETF Movers: KRE, XOP
Forbes - 22 Jan 2015 20:34
In trading on Thursday, the SPDR S&P Regional Banking ETF (KRE) is outperforming other ETFs, up about 3.3% on the day. Components of that ETF showing particular strength include shares of City National (CYN), up about ...
Benign inflation gives room for more rate cuts: Devika Mehndiratta
livemint.com - 22 Jan 2015 19:51
The senior Asia-Pacific economist at Australia and New Zealand Banking Group says that the fall in crude oil and commodity prices seems to have given RBI the much-needed comfort