Market News
Unitech, HDIL, DLF, Indiabulls soar on budget hopes
livemint.com - 27 Feb 2015 09:55
Shares of realty companies rise on expectations of sops being offered by the budget
Ex-Dividend Reminder: Mosaic, SunCoke Energy and Calgon Carbon Corp.
Forbes - 27 Feb 2015 17:07
Looking at the universe of stocks we cover at Dividend Channel, on 3/3/15, Mosaic Co (NYSE: MOS), SunCoke Energy Inc (NYSE: SXC), and Calgon Carbon Corp. (NYSE: CCC) will all trade ex-dividend for their respective upcomi...
Daily Dividend Report: MJN, ROST, GPS, WYN, DLR, ECL, PPL
Forbes - 27 Feb 2015 19:58
Mead Johnson Nutrition (MJN) has declared a regular quarterly dividend of $0.4125 per share for the quarter ending March 31, 2015, an increase of 10 percent from the prior rate of $0.375 per share. The board expects the ...
Regulators Increase Scrutiny On Banks Over Tax-Avoidance Derivatives
IBTimes - 27 Feb 2015 20:34
Financial regulators are heightening their focus on banks involved in complex international trades designed to skirt taxes, the Wall Street Journal reports.
Brent rises above $61, set for first monthly gain since July
livemint.com - 27 Feb 2015 12:31Investors Are Mistakenly Assured By Two Shaky Generalities
Forbes - 27 Feb 2015 22:06
Ignoring economic and other realities, investor focus seems narrowed down to a couple of comforting generalizations. The Yellen Fed has our backs, and the third year of the four-year presidential cycle is always positive...
See Which 9 Guru Fund Managers Hold Chicago Bridge & Iron
Forbes - 27 Feb 2015 21:57
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,981 13F filings for the 12/31/2014 reporting period, and noticed that Chicago Bridge & Iron Co., ...
Funds Added To Royal Caribbean Cruises Positions
Forbes - 27 Feb 2015 21:47
At Holdings Channel, we have reviewed 3,981 13F filings for the 12/31/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...
Former AIG CEO Robert Benmosche Has Died At 70
IBTimes - 27 Feb 2015 21:44
Robert Benmosche, a former CEO and president of insurance giant AIG, has died at NYU Langone Medical Center in New York. The company announced his passing in a statement Friday afternoon. Benmosche, who was 70, had been ...
Weekly Market Wrap: February 27, 2015
Forbes - 27 Feb 2015 20:57
The eighth full trading week of 2015 comes to a close with the Dow Jones, S&P 500 and NASDAQ composite all lower in early afternoon trading on Friday.
Financials Weekly Notes: BNY Mellon, Morgan Stanley and Deutsche Bank
Forbes - 27 Feb 2015 20:52
Last week, investors reacted negatively to the minutes of the Federal Open Market Committee meeting, but confidence levels improved early this week after Federal Reserve Chair Janet Yellen testified before the Senate Ban...
GM's Rumored Stock Buyback Is Short-Term Thinking
Forbes - 27 Feb 2015 20:46
Wilson, who represents Tepper?s Appaloosa Management and three other Hedge Funds that own 2.1% of the company?s stock, plans to convince GM to buyback $8 billion worth of stock. The move is consistent with the recent tre...
Notable Friday Option Activity: MNST, YUM, AZO
Forbes - 27 Feb 2015 20:45
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Monster Beverage Corp (NASD: MNST), where a total volume of 27,876 contracts has been traded thus far today...
RBS's Poor Q4 Results Accompanied By Plans To Exit Markets Business In 25 Countries
Forbes - 27 Feb 2015 20:38
Investors clearly weren?t very happy about RBS?s results ? especially the bank?s growing legal burden. The long-term plan to shrink its investment banking arm did not alleviate their concerns much, as a sell-off resulted...
Seagate Partners With Micron To Improve Presence In Enterprise SSD Market
Forbes - 27 Feb 2015 20:32
Both companies will initially work on NAND and next-generation SSDs, but will soon engage in developing enterprise storage solutions by using NAND flash memory developed by Micron. Under the agreement, Seagate will sourc...
Japan Post Eyes More Aggressive Investment
Wall Street Journal - 27 Feb 2015 19:45
Ahead of its multibillion-dollar listings this fall, Japan Post Holdings Co. plans to manage more aggressively the $1.7 trillion in savings held by its banking operation.
Friday's ETF with Unusual Volume: IYLD
Forbes - 27 Feb 2015 19:19
The iShares Morningstar Multi-Asset Income ETF (IYLD) is seeing unusually high volume in afternoon trading Friday, with over 149,000 shares traded versus three month average volume of about 81,000. Shares of IYLD were ...
Friday's ETF Movers: GDX, XBI
Forbes - 27 Feb 2015 19:18
In trading on Friday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Coeur Mining (CDE), up about 4.7% and shares o...
Whither Japan Stocks: Nikkei Average Headed For 20,000?
Forbes - 27 Feb 2015 19:16
GPIF is undertaking a massive adjustment of its investment portfolio?selling domestic bonds (with BOJ the major, if not sole, buyer)?and reinvesting the proceeds in domestic and foreign risk assets. Implementing this str...
Friday Sector Laggards: Consumer Services, Biotechnology Stocks
Forbes - 27 Feb 2015 19:16
In trading on Friday, consumer services shares were relative laggards, down on the day by about 2.6%. Helping drag down the group were shares of Weight Watchers International (WTW), down about 33.4% and shares of Ascen...
Friday Sector Leaders: Precious Metals, Apparel Stores
Forbes - 27 Feb 2015 19:14
In trading on Friday, precious metals shares were relative leaders, up on the day by about 2.3%. Leading the group were shares of Paramount Gold and Silver Corporation (PZG), up about 8% and shares of North American Pa...
S&P 500 Analyst Moves: COF
Forbes - 27 Feb 2015 18:52
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Capital One Financial (COF) is now the #93 analyst pick, moving up by 8 spots. Thi...