Market News
Kraft Suffers A Loss On Rising Cost Of Benefit Plans
Forbes - 12 Feb 2015 23:41
Kraft Foods reported a net loss in its fourth quarter on Thursday, widely missing estimates, driven by the rising cost of post-employment benefit plans.
Thursday 2/12 Insider Buying Report: AST, SXC
Forbes - 12 Feb 2015 17:33
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to ...
Greece, Euro Zone Fail To Agree On Debt, To Try Again On Monday
IBTimes - 12 Feb 2015 04:06
(Reuters) - Greece's new leftist government and its international creditors failed to agree on a way forward on the country's unpopular bailout and will try again on Monday, with time running out for a financing deal. In...
Is Brazil's New Finance Minister the Key to Re-establishing the County's Prominence?
Forbes - 12 Feb 2015 21:43
Finance Minister Joaquim Levy, whose appointment was greeted with enthusiasm by the financial markets and with some suspicion by certain sectors within the Brazilian government, has embarked upon comprehensive change in ...
Thursday Sector Leaders: Materials, Energy
Forbes - 12 Feb 2015 21:40
Looking at the sectors faring best as of midday Thursday, shares of Materials companies are outperforming other sectors, higher by 1.9%. Within that group, International Flavors & Fragrances (NYSE: IFF) and Allegheny Tec...
Thursday Sector Laggards: Utilities, Healthcare
Forbes - 12 Feb 2015 21:39
The worst performing sector as of midday Thursday is the Utilities sector, showing a 0.4% loss. Within the sector, AGL Resources (NYSE: GAS) and Northeast Utilities (NYSE: NU) are two large stocks that are lagging, showi...
Thursday 2/12 Insider Buying Report: DWCH, GPK
Forbes - 12 Feb 2015 21:08
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to ...
Is Apple Really Worth $1 Trillion? Carl Icahn Thinks So, Some Have Their Doubts
IBTimes - 12 Feb 2015 21:03
Apple became the first American company to surpass $700 billion in market capitalization earlier this week. But apparently that wasn't enough. The next day, famed activist investor Carl Icahn issued a letter to his Twitt...
The Lunch Question
Forbes - 12 Feb 2015 21:01
By Ian Morris
India Cements drops Chennai Super Kings from team
livemint.com - 12 Feb 2015 20:53
India Cements reports a Rs11.68 crore loss, but offers shareholders opportunity to own shares in its wholly owned subsidiary, Chennai Super Kings Ltd
Notable Thursday Option Activity: TRIP, GOOGL, WFM
Forbes - 12 Feb 2015 20:48
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tripadvisor Inc (NASD: TRIP), where a total volume of 40,606 contracts has been traded thus far today, a co...
Nvidia Closes Fiscal 2015 On A Strong Note: Growth Driven By Gaming, Automotive, Data Center & Cloud
Forbes - 12 Feb 2015 20:45
Nvidia?s focus on addressing the top 30% of the market (mainly those vertical segments where visual computing matters the most) is clearly paying off and has helped it outpace the PC market (where it has always had a sig...
Earnings Review: Akamai Continues To Fire On All Cylinders
Forbes - 12 Feb 2015 20:43
The outperformance was driven by an exceptionally strong holiday season, as people increasingly took to the web for shopping, streaming videos, accessing social media, playing games and downloading software on newly purc...
U.S. Banks Report One Of The Worst Trading Performances Since The Downturn
Forbes - 12 Feb 2015 20:39
2014 was a lukewarm period for investment banks around the globe in terms of trading revenues ? especially since all major players in the debt trading industry fared poorly over the last quarter from an unexpected increa...
Cautiously Optimistic On Coca-Cola's Future Growth Prospects Even As 2014 Revenues Fall
Forbes - 12 Feb 2015 20:37
Both the net operating revenues and income were down year-over-year in the quarter and for the full-year, but if we take out the impact of currency and one-time structural changes, organic revenues grew 3% and organic op...
Cisco Reports Strong Q2 Results On Robust Switching Sales
Forbes - 12 Feb 2015 20:35
The networking giant?s top line increase was driven by double-digit growth in its key businesses- Switching, Collaboration, Data Center and Wireless. Other important businesses such as Routing and Security also registere...
LIC could book record profits from sale of equities in FY15
livemint.com - 12 Feb 2015 20:27
The record profit booking from LIC's equity portfolio means a high valuation surplus for the insurer which will benefit policyholders and the government
Capital requirements are clear challenges for banks: Kapil Wadhawan
livemint.com - 12 Feb 2015 20:03
Global investors will continue to participate in India's disinvestment process as there are not many opportunities, says DHFL chairman
Global shares rally after Russia-Ukraine deal, Swedish QE surprise
livemint.com - 12 Feb 2015 19:09
MSCI's all-country world index rises 0.99%, while the FTSEuroFirst index of 300 leading shares adds 0.75%
S&P 500 Analyst Moves: CMCSA
Forbes - 12 Feb 2015 18:51
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Comcast Corp (CMCSA) is now the #38 analyst pick, moving up by 1 spot. This rank i...
Dow Analyst Moves: WMT
Forbes - 12 Feb 2015 18:51
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Wal-Mart Stores (WMT) is the #27 analyst pick. Within the broader S&P 500,...
Greece Debt Crisis 2015: What's So Bad About A Grexit?
IBTimes - 12 Feb 2015 18:50
Financial markets around the world have been jittery this week, as fears rise of a possible Greek exit from the eurozone after Prime Minister Alexis Tsipras rejected an extension to the country's $270 billion bailout pro...