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Location American Market News for 24 February 2015
With the rollout of its recreational marijuana law on Tuesday, Alaska is scheduled to join the short list of states whose residents can legally smoke pot for non-medical purposes. But that won't mean marijuana businesses...
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Paper Jam: Stronger Dollar Cuts Into HP's Earnings Outlook Hewlett-Packard has joined a growing list of behemoth companies saying they have been hurt by the strong dollar.
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Paper Jam: Stronger Dollar Cuts Into HP's Outlook Hewlett-Packard has joined a growing list of behemoth companies saying they have been hurt by the strong dollar.
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Tuesday's ETF Movers: ITB, ICF

Forbes - 24 Feb 2015 22:33
In trading on Tuesday, the iShares U.S. Home Construction ETF (ITB) is outperforming other ETFs, up about 2% on the day.  Components of that ETF showing particular strength include shares of Trex (TREX), up about 5.3% a...
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Tuesday's ETF with Unusual Volume: URTH

Forbes - 24 Feb 2015 22:31
The iShares MSCI World ETF (URTH) is seeing unusually high volume in afternoon trading Tuesday, with over 249,000 shares traded versus three month average volume of about 27,000.  Shares of URTH were up about 0.5% on th...
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The Home Depot (HD) declared a 26 percent increase in its quarterly dividend to $0.59 cents per share. The dividend is payable on March 26, 2015, to shareholders of record on the close of business on March 12, 2015. This...
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Dow Analyst Moves: DD

Forbes - 24 Feb 2015 22:30
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, DuPont (DD) is the #22 analyst pick.  Within the broader S&P 500, when comp...
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S&P 500 Analyst Moves: CELG

Forbes - 24 Feb 2015 22:29
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Celgene Corp. (CELG) is now the #40 analyst pick, moving up by 1 spot.         This rank i...
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Which 9 Gurus All Hold Micron Technology?

Forbes - 24 Feb 2015 22:28
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,960 13F filings for the 12/31/2014 reporting period, and noticed that Micron Technology Inc. (NAS...
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Tuesday Sector Laggards: Energy, Healthcare

Forbes - 24 Feb 2015 22:18
Tuesday Sector Laggards: Energy, Healthcare Looking at the sectors faring worst as of midday Tuesday, shares of Energy companies are underperforming other sectors, showing a 0.6% loss. Within that group, Diamond Offshore Drilling (NYSE: DO) and ONEOK (NYSE: OKE) a...
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How She Did It: Maria Bartiromo on Building a Career as a Broadcast Journalist and Entrepreneur Maria Bartiromo is a pioneer within the world of broadcast journalism who is not only paving the way for young women that wish to pursue the vocation, but is also serving as an inspiration when it comes to being an entre...
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What's Driving Paychex's Stock Rally?

Forbes - 24 Feb 2015 20:44
Paychex's stock price has been increasing with solid momentum. In the past week, the stock hit new highs almost every day, gaining 2.4%. In the past 6 months, Paychex's stock grew 18%, whereas the NASDAQ composite grew 9...
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The company has talked about how its direct to consumer business represents a big opportunity to bring a new customer to the brand. The U.S. based sportswear company is using the brand house as an opportunity to tell a b...
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The oil rig count is down by roughly 31% since the beginning of this year and around 37% from its mid-October 2014 highs. The North American rig count has been a very closely watched figure in the oil markets over the la...
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The segment's growth has slowed down significantly and the company is looking at ways to downsize this segment and focus more on growing pharmaceutical business. Strong pricing pressure and competition from lesser known ...
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Limited partners move to increase India allocations

livemint.com - 24 Feb 2015 20:34
Limited partners move to increase India allocations LPs see increased opportunities to invest in e-commerce and technology companies in the country
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Intel Moves To Make A Mark In The Automotive Industry, As Processing Grows In Cars Intel seeks to expand its business in the automotive industry beyond infotainment. The company aims to become a solution partner for multiple functional areas of the connected vehicle, including telematics, advanced driv...
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IL&FS energy unit plans Rs4,000 cr IPO

livemint.com - 24 Feb 2015 20:13
IL&FS energy unit plans Rs4,000 cr IPO IEDCL will use the proceeds of the IPO to meet capital requirements and fund expansion as economic growth accelerates
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Amfi proposes cap of 1% on upfront commission in mutual funds The matter on upfront commission is likely to be discussed among Amfi members next month
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The finance commission's path to fiscal reform

livemint.com - 24 Feb 2015 19:16
The finance commission's path to fiscal reform The trends in central government finances projected by the 14th Finance Commission
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Private, public banks: a contrast in credit growth

livemint.com - 24 Feb 2015 19:10
Private, public banks: a contrast in credit growth The disparity in loan growth between public sector and private banks was at a four-year high in the December quarter
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Dow, S&P edge up to record highs after Yellen comments Dow Jones rises 0.35%, S&P 500 gains 0.14%, Nasdaq adds 0.01%
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