Market News
What Investors Can Learn From Detroit's Bankruptcy
Forbes - 2 Feb 2015 23:35
The lessons of Detroit are many, and the longer-term implications mostly negative.
Monday Sector Leaders: Energy, Financial
Forbes - 2 Feb 2015 23:07
In afternoon trading on Monday, Energy stocks are the best performing sector, up 2.0%. Within the sector, Denbury Resources (NYSE: DNR) and Transocean (NYSE: RIG) are two large stocks leading the way, showing a gain of 9...
Monday Sector Laggards: Services, Healthcare
Forbes - 2 Feb 2015 23:05
In afternoon trading on Monday, Services stocks are the worst performing sector, showing a 0.6% loss. Within that group, Darden Restaurants (NYSE: DRI) and Wyndham Worldwide (NYSE: WYN) are two of the day's laggards, sho...
Facebook A Holdings of Latest 13F Filers
Forbes - 2 Feb 2015 21:32
At Holdings Channel, we have reviewed the latest batch of the 24 most recent 13F filings for the 12/31/2014 reporting period, and noticed that Facebook, Inc. (NASD: FB) was held by 12 of these funds. When hedge fund mana...
Obama Budget Calls For 14% Tax On Overseas Corporate Profits To Fund Repairs To US Roads and Bridges
IBTimes - 2 Feb 2015 21:31
U.S. President Barack Obama is planning a levy on trillions of dollars worth of profits American companies are earning abroad, but aren't being returned home. The idea has gained some support but doesn't have the confide...
United Technologies A Holdings Of Recent 13F Filers
Forbes - 2 Feb 2015 21:18
At Holdings Channel, we have reviewed the latest batch of the 20 most recent 13F filings for the 12/31/2014 reporting period, and noticed that United Technologies Corp. (NYSE: UTX) was held by 13 of these funds. When hed...
Week Ahead Market Report: February 2, 2015
Forbes - 2 Feb 2015 20:53
The Dow Jones Industrial Average, NASDAQ Composite, and S&P 500 are lower in afternoon trading on Monday. Some of the most actively traded stocks include Bank of America (BAC) up 0.46%, Apple (AAPL) down 0.38%, Microsoft...
Earnings Preview: Under Armour's Growth Drivers Have A Lot Of Steam Left In Them Yet
Forbes - 2 Feb 2015 20:44
We believe the company will be able to continue its growth momentum in the fourth quarter, as it is still scratching the surface of its various growth drivers, including the women's, international, direct-to-consumer, an...
Daily Dividend Report: MON, SCHW, MPC, ETR, NI, DCI, NE, PB
Forbes - 2 Feb 2015 20:43
Monsanto Company (MON) declared a quarterly dividend on its common stock of 49 cents per share. The dividend is payable on April 24, 2015 to shareowners of record on April 2, 2015.
CME Earnings Preview: Trade Volumes Surge In Q4
Forbes - 2 Feb 2015 20:40
The global exchange operator reported a nearly 7% year-over-year rise in net revenues to $762 million in the third quarter. Clearing and transaction fee revenues grew by over 7% y-o-y to $642 million, while market data r...
Viacom Posts 8% Earnings Growth But Lower Ratings At Media Networks Drag Advertising Income
Forbes - 2 Feb 2015 20:38
he company's revenues grew 4% to $3.34 billion but net income declined 9% to $500 million or $1.20 a share. However, adjusted earnings were up 8% to $1.29 per share. Viacom's media networks benefited from higher affiliat...
Monday's ETF with Unusual Volume: RHS
Forbes - 2 Feb 2015 20:37
The Guggenheim S&P 500 Equal Weight Consumer Staples ETF (RHS) is seeing unusually high volume in afternoon trading Monday, with over 298,000 shares traded versus three month average volume of about 26,000. Shares of R...
Monday's ETF Movers: XOP, XBI
Forbes - 2 Feb 2015 20:36
In trading on Monday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 3.3% on the day. Components of that ETF showing particular strength include shares of Comstock Resou...
Monday Sector Laggards: Biotechnology, Airlines
Forbes - 2 Feb 2015 20:34
In trading on Monday, biotechnology shares were relative laggards, down on the day by about 1.4%. Helping drag down the group were shares of Pluristem Therapeutics (PSTI), down about 14.5% and shares of Aurinia Pharmac...
Monday Sector Leaders: Oil & Gas Exploration & Production, Transportation Services
Forbes - 2 Feb 2015 20:34
In trading on Monday, oil & gas exploration & production shares were relative leaders, up on the day by about 4.1%. Leading the group were shares of Miller Energy Resources (MILL), up about 27.4% and shares of Comstock...
Earnings Preview: GM Poised To Deliver Another Strong Set of Results
Forbes - 2 Feb 2015 20:34
The revenue from GM North America should increase on the back of increased sales of all GM brands except Cadillac in 2014. Additionally, average transaction prices should rise due to better management of fleet inventory ...
Monday 2/2 Insider Buying Report: ALB, PB
Forbes - 2 Feb 2015 20:26
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.
S&P 500 Analyst Moves: NAVI
Forbes - 2 Feb 2015 20:24
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Navient Corp (NAVI) is now the #7 analyst pick, moving up by 1 spot. This rank is ...
Dow Analyst Moves: JPM
Forbes - 2 Feb 2015 20:23
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, JPMorgan Chase (JPM) is the #1 analyst pick. JPMorgan Chase is also a top ...
Manufacturing output grows fast, output prices don't
livemint.com - 2 Feb 2015 19:07
While manufacturing output has been growing smartly every month, output prices haven't been rising as fast
A Struggle to Define Wall Street 'Culture'
Wall Street Journal - 2 Feb 2015 18:45
"Culture" is the buzzword of the moment at banks--and a puzzle that regulators and Wall Street firms are wrestling to solve.
Handicapping Merck And Two Other Stocks Reporting Earnings This Week
Forbes - 2 Feb 2015 18:39
Boeing was a big winner in January. How will these three Dow components that report earnings this week stack up?