Market News
Strong Dollar Haunting Huge Companies From P&G To McDonald's
Forbes - 19 Feb 2015 23:04
The stronger dollar weighed heavily on fourth quarter earnings for some of the world's biggest companies. Don't expect the pressure to lift anytime soon.
Rise in Japan Bond Yields Causes Worry
Wall Street Journal - 19 Feb 2015 04:28
An uptick in Japanese bond yields amid the largest price swings on record is renewing long-standing anxiety among some traders about the health of the nation's $8.4 trillion government-debt market.
Marriott Revenue Rises As It Bulks Up Global Hotel Presence
Forbes - 19 Feb 2015 00:27
Marriott reported better-than-expected fourth quarter earnings on Wednesday, sending shares higher in extended trading.
Intuit Expects TurboTax Revenue To Grow Despite Dramatic Filing Season
Forbes - 19 Feb 2015 23:57
In recent months Intuit has made headlines for all the wrong reasons.
Antitrust Lawsuit Loss Puts Amex Among The Dow's Worst Performers
Forbes - 19 Feb 2015 22:42
Exactly one week after announcing the loss of its exclusivity deal with Costco, American Express has been dealt another blow -- and this one comes from the United States Department of Justice. A district judge has ruled ...
Gold: Power and Allure, 4,500 Years of Gold Treasures from Across Britain
Forbes - 19 Feb 2015 22:20
Gold exhibition at the Goldsmiths' Hall in London
China Buys More Gold Than The World Produces
Forbes - 19 Feb 2015 22:20
Welcome to the year 4713, the Year of the Ram, or the "goat" if you prefer.
Gold Mining Stocks Show Favorable Prospects
Forbes - 19 Feb 2015 22:15
Now might be an advantageous time for investors to strike gold. With energy prices lower, it's cheaper to mine gold and gold mining companies are seeing opportunity ahead to expand operations. If the price of gold goes h...
AAII Sentiment Survey: Optimism Surges To Second-Highest Level Of 2015
Forbes - 19 Feb 2015 21:56
Individual investor optimism about the short-term direction of stock prices is at its highest level since the start of the year.
Thursday Sector Leaders: Technology & Communications, Consumer Products
Forbes - 19 Feb 2015 21:33
Looking at the sectors faring best as of midday Thursday, shares of Technology & Communications companies are outperforming other sectors, up 0.4%. Within the sector, Applied Materials (NASD: AMAT) and Tripadvisor (NASD:...
Cree Adds New LED Arrays To Its Portfolio
Forbes - 19 Feb 2015 20:43
The CXA2 LED arrays utilizes elements of Cree's SC5 technology platform (introduced last quarter), which enables lighting designers to drastically lower system costs (by up to 60%) in the next generation of industry-lead...
Greece Debt Crisis: No Plan B Except For A Deal With The EU, Experts Say
IBTimes - 19 Feb 2015 20:40
The debt standoff between Greece and its European lenders is sending jitters around the continent after Germany rejected Greece's last-minute request for a six-month extension of its $273 billion bailout program. If offi...
Q4 2014 U.S. Banking Roundup: Price-To-Book Ratios
Forbes - 19 Feb 2015 20:39
While Bank of America and Citigroup trade at just above 80% of their book value, JPMorgan's share price hovers around its book value, whereas U.S. Bancorp finds itself at the far end of the spectrum with its shares worth...
Who Caused The Financial Crisis? Prosecutors Face 3-Month Deadline For Bringing Charges In The Subprime Mortgage Mess
IBTimes - 19 Feb 2015 20:26
Ninety days: That's how long U.S. federal prosecutors have to tell Attorney General Eric Holder whether they have enough material to bring cases against individuals for wrongdoing in the 2008 financial crisis. It's likel...
5 Reasons Why Apple's $750 Billion Market Cap Could Get Even Bigger
Forbes - 19 Feb 2015 20:22
Apple has broken its fair share of records lately, but there are plenty of reasons the stock could continue to reach new heights, says Citi.
Colorado Cannabis Business Community Protests Anti-Pot Lawsuit From Safe Streets Initiative
IBTimes - 19 Feb 2015 19:38
An anti-marijuana group filed two lawsuits today asking the federal government to stop Colorado authorities from issuing legal marijuana licenses. And the cannabis business community is not pleased. "This lawsuit is misg...
Bonds vs. Stocks? Microsoft Offers An Easy Answer
Forbes - 19 Feb 2015 19:31
Why would anyone buy Microsoft bonds when the stock has a higher yield?
Vermont Marijuana Legalization: New Bill To Regulate Pot Introduced This Week
IBTimes - 19 Feb 2015 19:00
Lawmakers in Vermont this week have introduced a bill to regulate marijuana for personal use in the state. They hope that pot will one day be controlled and taxed just like alcohol sales.
Oil Prices Slide, Drag Down Oil Stocks After Crude Inventories Rise
Forbes - 19 Feb 2015 18:52
Following new reports showing a surge in crude oil inventory, the prices of WTI and brent crude have fallen sharply into negative territory, with WTI crude dipping below the $50 per barrel mark and brent down more than 3...
Are Buffett and Barron's Too Bearish on Big Oil?
Forbes - 19 Feb 2015 18:40
Another mixed close for the stock market with the Dow Industrials and S&P 500 slightly lower but the Dow Utilities closed strong, up 2.24% on the day as they rallied sharply from support after the release of the FOMC min...
Global stocks retreat on Greek uncertainty, oil tumbles
livemint.com - 19 Feb 2015 18:15
Euro slips but peripheral yields fall on Greek proposal, oil prices tumble on steep rise in US crude inventories
Oil Prices Slip Again As US Crude Inventories Build And Saudi Output Rises
IBTimes - 19 Feb 2015 17:18
Oil prices are slipping again amid fresh concerns of a global oversupply. Brent crude, the international benchmark, dipped 5 percent, to below $59 a barrel, Thursday after reports of growing U.S. crude stockpiles and ris...