Market News
HYG, SCO: Big ETF Inflows
Forbes - 11 Feb 2015 17:47
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), which added 13,800,000 units, or a ...
CBS Profit Expected to Fall
Forbes - 11 Feb 2015 15:00
Despite an expected dip in profit, analysts are generally optimistic about CBS as it prepares to reports its fourth-quarter earnings on Thursday, February 12, 2015. The consensus earnings per share estimate is 77 cents p...
Profit Expected to Dip for American International Group
Forbes - 11 Feb 2015 16:00
Despite an expected dip in profit, analysts are generally optimistic about American International Group as it prepares to reports its fourth-quarter earnings on Thursday, February 12, 2015. The consensus earnings per sha...
Jon Stewart Leaving 'The Daily Show' In 2015, Comedy Central Confirms
IBTimes - 11 Feb 2015 02:11
Jon Stewart will step down as host of "The Daily Show" at the end of this year, Comedy Central confirmed Tuesday. Stewart, who took over as host of the satirical news show after Craig Kilborn left in 1999, announced the ...
Whole Foods Reports Strong Sales Growth, Expansion Into Canada
Forbes - 11 Feb 2015 23:50
Whole Foods reported a rise in fiscal first quarter sales and stronger-than expected earnings on Wednesday, sending shares up in after-hours trading.
Cisco Tops Earnings Estimates And Ups Its Dividend
Forbes - 11 Feb 2015 23:36
Shares of IT-provider Cisco are ticking up in late Wednesday trading thanks to second quarter earnings results that beat Wall Street expectations as well as the news that the company is increasing its dividend by 2 cents...
Wednesday Sector Laggards: Utilities, Energy
Forbes - 11 Feb 2015 23:18
Looking at the sectors faring worst as of midday Wednesday, shares of Utilities companies are underperforming other sectors, showing a 2.1% loss. Within the sector, NiSource (NYSE: NI) and CenterPoint Energy (NYSE: CNP) ...
Wednesday Sector Leaders: Healthcare, Technology & Communications
Forbes - 11 Feb 2015 23:17
The best performing sector as of midday Wednesday is the Healthcare sector, up 0.1%. Within the sector, Zoetis (NYSE: ZTS) and Express Scripts Holding (NASD: ESRX) are two large stocks leading the way, showing a gain of ...
Forget $700 Billion, Carl Icahn Thinks Apple Is Worth More Than $1 Trillion
Forbes - 11 Feb 2015 22:45
Apple's stock is soaring and it's pouring money into shareholder pockets, can anything derail this freight train?
Dunkin' Brands: Perks Loyalty Programs & Innovative New Items Drive 2014 Sales Growth
Forbes - 11 Feb 2015 20:44
The highlights of the company's performance in 2014 were: strong growth of both brands in the U.S., the increase in number of transactions despite the economic headwinds, the launch of the DD Perks Loyalty program, and t...
Earnings Preview: Watchout For CBS' Advertising Income In Q4
Forbes - 11 Feb 2015 20:42
We believe that CBS will report that it benefited from its NFL coverage and higher political spending in Q4. Some of the CBS' shows, including Mom, have seen ratings growth in the current television season. This will wil...
What Apple's PPA With First Solar Could Mean For The Utility-Scale Solar Industry
Forbes - 11 Feb 2015 20:38
The plant is expected to come online by the end of 2016. To be sure, the contract is not particularly large for First Solar, given that it has signed PPAs of over twice that size with utility companies in the past. Howev...
Morgan Stanley Leads U.S. Banks In Equity Trading Revenues For 2014
Forbes - 11 Feb 2015 20:36
This trend is easy to explain given the fact that Morgan Stanley was implementing sweeping changes to its business model over 2011-2012. The bank's revitalized business model focuses significantly on equities trading, wh...
Wednesday 2/11 Insider Buying Report: RXN, R
Forbes - 11 Feb 2015 20:33
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.
Daily Dividend Report: TWX, WMB, WU, OC, BAC, UNH, APC, PRU, CSX, SYK, OMC, CLX
Forbes - 11 Feb 2015 20:28
Time Warner (TWX) has approved a ten percent increase in the Company's regular quarterly cash dividend. On an annual basis, Time Warner's regular cash dividend on its Common Stock will grow from $1.27 per share to $1.40 ...
Sysco A Holding Of Latest 13F Filers
Forbes - 11 Feb 2015 20:11
At Holdings Channel, we have reviewed the latest batch of the 31 most recent 13F filings for the 12/31/2014 reporting period, and noticed that Sysco Corp. (NYSE: SYY) was held by 16 of these funds. When hedge fund manage...
Jerry Tarkanian, Legendary UNLV Coach, Dies At 84
IBTimes - 11 Feb 2015 19:31
Hall of Famer and former UNLV basketball coach Jerry Tarkanian died Wednesday after suffering breathing troubles and an infection, according to ESPN and a tweet from Tarkanian's son. He was 84.
Dodd-Frank Is Crushing Community Banks, Suggests New Study -- But Is It That Simple?
IBTimes - 11 Feb 2015 19:24
"Don't look now, but there's something funny going on at the bank, George." Thus small-town banker George Bailey, portrayed by James Stewart in the 1941 classic It's a Wonderful Life, learns of a run on his family bank. ...
Oakmark's David Herro: Believe In Credit Suisse, Skip Tesco
Forbes - 11 Feb 2015 19:11
Stocking up.
Dow Jones Industrial Average Trades Jittery As EU Prepares For Greek Bailout Meeting
IBTimes - 11 Feb 2015 19:04
U.S. stocks were jittery Wednesday as European Union finance ministers gathered for an emergency meeting in Brussels to discuss plans for Greece's bailout, reigniting concerns of a possible Greek exit from the eurozone. ...
Dow Analyst Moves: MMM
Forbes - 11 Feb 2015 18:46
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, 3M (MMM) is the #21 analyst pick. Within the broader S&P 500, when compone...
Wednesday's ETF Movers: XBI, ILF
Forbes - 11 Feb 2015 18:44
In trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.3% on the day. Components of that ETF showing particular strength include shares of Sangamo Biosciences (SGMO), up about 1...