Market News
American Express Company To Appeal Antitrust Ruling, Argues Decision Would Create Two Dominant Payment Networks: Visa Inc and Mastercard Inc
IBTimes - 20 Feb 2015 04:15
American Express Company (NYSE:AXP) violated U.S. antitrust law by preventing merchants from encouraging customers to use other forms of payment, including lower-cost credit cards, a federal judge ruled Thursday. The rul...
Japan stocks hit new 15-year high, upbeat data lifts dollar
livemint.com - 20 Feb 2015 04:26
Nikkei hits fresh 15-year high, weaker yen helps; dollar rebounds after better-than-expected US data
Record Year For World's Most Expensive Living Female Artist
Forbes - 20 Feb 2015 01:46
The big news from London's contemporary art auctions was the new auction record for Gerhard Richter, but paintings by Yayoi Kusama, who holds the auction price record for any living female artist, also did well.
Sally Beauty Holdings Moves Up In Market Cap Rank, Passing PerkinElmer
Forbes - 20 Feb 2015 23:41
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Sally Beauty Holdings Inc (NYSE: SBH) was identified as having a larger market cap than the smaller end of the S&P 500, for ex...
SVB Financial Group Larger Than S&P 500 Component Integrys Energy Group
Forbes - 20 Feb 2015 23:40
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component SVB Financial Group (NASD: SIVB) was identified as having a larger market cap than the smaller end of the S&P 500, for example...
Teleflex Larger Than S&P 500 Component Avery Dennison
Forbes - 20 Feb 2015 23:39
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Teleflex Incorporated (NYSE: TFX) was identified as having a larger market cap than the smaller end of the S&P 500, for exampl...
ViaSat Larger Than S&P 500 Component Denbury Resources
Forbes - 20 Feb 2015 23:38
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component ViaSat, Inc. (NASD: VSAT) was identified as having a larger market cap than the smaller end of the S&P 500, for example Denbur...
Dow, S&P 500 Close at Records
Wall Street Journal - 20 Feb 2015 23:10
U.S. stocks moved higher, with benchmarks hitting new highs, after Greece and its creditors agreed to extend its bailout.
Insider Bets Paying Off At Alleghany As New 52-Week High Reached
Forbes - 20 Feb 2015 23:06
In trading on Friday, shares of Alleghany Corp. (NYSE: Y) touched a new 52-week high of $482.61/share. That's a 28.44% rise, or $106.85 per share from the 52-week low of $375.76 set back on 02/20/2014. That means at toda...
High valuations fail to deter equity investors
livemint.com - 20 Feb 2015 21:44See Which 11 Guru Fund Managers Hold American Airlines Group
Forbes - 20 Feb 2015 21:37
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,945 13F filings for the 12/31/2014 reporting period, and noticed that American Airlines Group Inc...
Dow Jones Industrial Average, S&P 500 Index Hit All-Time Record Highs Following Greek Bailout Reports
IBTimes - 20 Feb 2015 21:36
U.S. stocks gained in afternoon trading Friday, reversing earlier losses, with the S&P 500 Index hitting an all-time high following reports Greece and eurozone finance ministers agreed on a draft deal that could extend t...
The Changing Landscape Of Wall Street: Fewer Bankers, Smaller Bonuses
IBTimes - 20 Feb 2015 21:33
"Lean times" might be an overstatement, but for the past four years payrolls have shrunk at the world's biggest banks, amid heightened regulatory standards and withering profits. New data from the British research firm C...
Sebi bars 30 entities for misuse of exchange mechanism
livemint.com - 20 Feb 2015 21:00Greece, Eurozone Strike Draft Agreement To Extend Bailout: Report
IBTimes - 20 Feb 2015 20:57
Greece and eurozone finance ministers agreed on a draft proposal Friday that could extend the country's bailout program, Reuters reported, citing a Greek government official. The news comes after Greek Prime Minister Ale...
Notable Friday Option Activity: ICE, GOOGL, BA
Forbes - 20 Feb 2015 20:53
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Intercontinental Exchange (NYSE: ICE), where a total of 10,292 contracts have traded so far, representing approximat...
Solar Star Project Could Drive SunPower's Results; Watching Japanese Distributed Business
Forbes - 20 Feb 2015 20:45
We expect the company's earnings for the quarter to be driven by the execution of its North American power plants such as the Solar Star and continued demand for distributed generation. For the quarter, the company has g...
EOG Resources Revised To $80 Per Share On Lower Oil Prices, Slower Production Growth
Forbes - 20 Feb 2015 20:43
This year, EOG Resources plans to slow down its primary growth engine significantly in response to the changed crude oil price environment, as an attempt to maximize its returns in the long term. The company expects its ...
Wal-Mart Reports Growth Across Segments, But Falls On Bleak Guidance
Forbes - 20 Feb 2015 20:41
For the full year, Wal-Mart reported earnings per share of $5.07, which was marginally better than the street estimate of $4.99. Although the company was surprisingly able to deliver better-than-expected bottom-line resu...
Earnings Round-Up: Coca-Cola, PepsiCo And Dr Pepper Snapple
Forbes - 20 Feb 2015 20:39
One notable trend in 2014 was the rise in unit prices of soft drinks, which meant that higher revenues per unit case made up for declining volume sales. The improving economic environment in the U.S. was instrumental in ...
HP Earnings Preview: Revenues To Decline Despite Expected Improvement In PC sales
Forbes - 20 Feb 2015 20:38
A tough business environment continued to affect its profitability across most geographies and verticals. HP has been able to recoup its market share in the hardware segments such as PCs, desktops, tablets and printers t...
Analyst Favorites With Strong Buyback Activity: Yahoo! Ranks As a Top Pick
Forbes - 20 Feb 2015 20:18
A study of analyst recommendations at the major brokerages shows that Yahoo! Inc. (NASD: YHOO) is the #41 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make ...