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Market News

Location American Market News for 29 January 2015
India needs to get its fiscal house in order: Anubhuti Gupta The sharp decline in commodity prices has eased pressure on current account deficit, but more needs to be done, says the portfolio manager at AXA Rosenberg Investment Management
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Are We Past The Flipping Point?

Forbes - 29 Jan 2015 20:29
Are We Past The Flipping Point? Flipping is the practice of buying a house and reselling in a short period. Both professional and casual investors flip houses. And like other asset trading, successful flipping involves buying at a discount, selling at ...
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Just six years ago, no car on the U.S. market could boast a driver fatality rate of zero. Today, there are nine models with that distinction, according to a new report from the Insurance Institute for Highway Safety (IIH...
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Harsh Words for Caesars in Court

Wall Street Journal - 29 Jan 2015 04:12
A federal bankruptcy judge dispensed harsh words for Caesars Entertainment and its private-equity owners Wednesday.
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McDonald's CEO Out After Almost 25 Years

Forbes - 29 Jan 2015 01:02
After a rough year of flagging sales, McDonald's CEO Don Thompson is out.
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Visa Rising After Beating On Earnings And Announcing 4-For-1 Stock Split Shares of the world's largest credit and debit card company are on the rise in Thursday's after-hours trading session: Visa released better-than-expected first quarter fiscal 2015 earnings results and said that its board...
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Gold falls more than 2% to two-week low on Fed outlook Fed says the US economy was expanding 'at a solid pace' but reiterated it would be patient in deciding when to increase benchmark borrowing costs
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Chevron - Bottom Fishing This Sell-Off

Forbes - 29 Jan 2015 21:55
Chevron - Bottom Fishing This Sell-Off Chevron continues to look like a potentially strong winner from this low oil price period.
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Thursday Sector Laggards: Energy, Technology & Communications The worst performing sector as of midday Thursday is the Energy sector, showing a 0.9% loss. Within that group, Diamond Offshore Drilling (NYSE: DO) and Helmerich & Payne (NYSE: HP) are two large stocks that are lagging,...
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Tax filing season 2015 is here, with many Americans finding the dreaded time of year overwhelming, especially first-timers or people with unique work situations. Deadlines, e-filing, state and federal tax returns - how d...
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Potential Presidential Candidate, Dr. Ben Carson On Social Security, Glass-Steagall, And Taxes Potential presidential candidate, Dr Ben Carson discusses Social Security, Glass Steagall, and taxes. Gain from his insights into some of the most important issues facing America today.
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DuPont Popular Amongst Recent 13F Filers

Forbes - 29 Jan 2015 21:18
At Holdings Channel, we have reviewed the latest batch of the 21 most recent 13F filings for the 12/31/2014 reporting period, and noticed that DuPont (NYSE: DD) was held by 10 of these funds. When hedge fund managers app...
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Potash Corporation of Saskatchewan has approved an increase of the company's quarterly cash dividend (from $0.35 per share to $0.38 per share), and declared a quarterly cash dividend of US $0.38 per common share payable ...
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The first-person shooter (FPS) genre is becoming more and more popular, and Activision Blizzard has dominated the FPS domain for the last 5 years, primarily driven by the Call of Duty franchise. The company is about to r...
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The hard drive manufacturer reported a 3% y-o-y decrease in the number of units shipped, to 61 million during the quarter. Net revenues were slightly higher than the guidance of $3.80 billion given by the company at the ...
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American Eagle Outfitters released its holiday sales results earlier this month, reporting 1% increase in its revenues for the two month period of November and December. However, the company?s consolidated comparable sto...
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Chevron is scheduled to announce its 2014 fourth quarter earnings on January 30th. We expect lower crude oil prices to weigh significantly on the company's upstream earnings growth. Benchmark crude oil prices have declin...
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The revenue decline was amplified to the tune of $184 million by the negative impact of a stronger U.S. dollar. Bristol-Myers Squibb expects currency headwinds to continue this year and has guided its full-year worldwide...
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At $7.1 billion and $1.34, revenue and non-GAAP earnings per share for the quarter were up 7% and 6% year on year, respectively. QCT (Qualcomm CDMA Technologies) accounted for approximately half of the upside on account ...
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New Financial Adviser? Check Out Fees and Conflicts

Wall Street Journal - 29 Jan 2015 19:39
Here are questions to ask and places to find key information.
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Why Apple Pay And Dollars Are Killing Bitcoin The irony of Bitcoin's fall is that some of the attributes that initially made it so attractive to its backers like no centralized banking control, lax regulation and no transaction fees, are the very same things that ar...
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United Bank of India proposes to raise Rs2,025 crore via equity, debt Bank also proposes to raise `500 crore through issue and allotment of tier-1 bonds
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