Market News
India's top investors back Narendra Modi budget on infrastructure drive
livemint.com - 2 Mar 2015 05:28
Money managers say they can tolerate the fiscal shortfall if cash is spent to jump-start investment
Glencore Faces Hit From Big Coal Bet
Wall Street Journal - 2 Mar 2015 04:17
Investors will get their first look on Tuesday at a full year of Glencore's financial results since it acquired Xstrata and its ample coal reserves in 2013. Coal prices are off about 25% since then.
Caesars Tumbles On $1 Billion Loss
Forbes - 2 Mar 2015 23:54
Caesars Entertainment shares tumbled in after-hours trading on Monday after the casino and entertainment provider missed both top and bottom line estimates in its fourth quarter.
Quest Diagnostics Moves Up In Market Cap Rank, Passing Citrix Systems
Forbes - 2 Mar 2015 23:39
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Quest Diagnostics, Inc. (NYSE: DGX) has taken over the #384 spot from Citrix Systems, Inc. (NASD: CTXS), according ...
CBL & Associates Properties Larger Than S&P 500 Component Denbury Resources
Forbes - 2 Mar 2015 23:38
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component CBL & Associates Properties, Inc. (NYSE: CBL) was identified as having a larger market cap than the smaller end of the S&P 500...
Berry Plastics Group Larger Than S&P 500 Component Noble Corp
Forbes - 2 Mar 2015 23:37
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Berry Plastics Group Inc (NYSE: BERY) was identified as having a larger market cap than the smaller end of the S&P 500, for ex...
Strategic Hotels & Resorts Larger Than S&P 500 Component Denbury Resources
Forbes - 2 Mar 2015 23:36
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Strategic Hotels & Resorts, Inc. (NYSE: BEE) was identified as having a larger market cap than the smaller end of the S&P 500,...
Nasdaq Closes Above 5000 for First Time Since Dot-Com Era
Wall Street Journal - 2 Mar 2015 23:15
The Nasdaq Composite closed above the 5000-point level for the first time in almost 15 years, marking a milestone in the revival of an index that once was synonymous with dot-com excess.
This Stock Has A 2.10% Yield, Sells For Less Than Book, and Insiders Have Been Buying
Forbes - 2 Mar 2015 22:56
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
Costco Names Citi, Visa as Credit Partners
Wall Street Journal - 2 Mar 2015 22:26
Costco named Citigroup and Visa as its new credit partners, replacing American Express as the exclusive network at its stores beginning in April of next year. The deal will expand the type of plastic that is accepted at ...
NextEra Energy Shares Cross 3% Yield Mark
Forbes - 2 Mar 2015 22:08
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of NextEra Energy Inc (NYSE: NEE) were yielding above the 3% mark based on its quarterly dividend (annualized to $3.08), with t...
Avista Passes Through 4% Yield Mark
Forbes - 2 Mar 2015 22:07
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Avista Corp. (NYSE: AVA) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.32), with the sto...
Atmos Energy Passes Through 3% Yield Mark
Forbes - 2 Mar 2015 22:06
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Atmos Energy Corp. (NYSE: ATO) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.56), with t...
Foreign Banks Brace for Fed Stress Tests
Wall Street Journal - 2 Mar 2015 21:29
The Federal Reserve's growing scrutiny of global banks has set off a scramble among foreign firms as they staff up and revamp operations to meet the central bank's rising expectations.
Monday 3/2 Insider Buying Report: AXP
Forbes - 2 Mar 2015 21:28
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at one noteworthy recent insider buy.
TTS: Insiders vs. Shorts
Forbes - 2 Mar 2015 21:22
The most recent short interest data was recently released by the NASDAQ for the 02/13/2015 settlement date, and Tile Shop Holdings Inc (NASD: TTS) is one of the most shorted stocks of the Russell 3000, based on 15.75 "da...
Analyst Favorites With Strong Buyback Activity: Bob Evans Farms Ranks As a Top Pick
Forbes - 2 Mar 2015 21:22
A study of analyst recommendations at the major brokerages shows that Bob Evans Farms, Inc. (NASD: BOBE) is the #45 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity...
Daily Dividend Report: FMC, AET, ZTS, RRC, HRS, RYN
Forbes - 2 Mar 2015 21:13
FMC Corporation (FMC) declared a regular quarterly dividend of 16.5 cents per share, payable on April 16, 2015, to shareholders of record at the close of business on March 31, 2015. This represents an increase of 1.5 cen...
Monday's ETF with Unusual Volume: IDU
Forbes - 2 Mar 2015 20:53
The iShares U.S. Utilities ETF (IDU) is seeing unusually high volume in afternoon trading Monday, with over 7.3 million shares traded versus three month average volume of about 548,000. Shares of IDU were down about 1....
Monday's ETF Movers: SOXX, ILF
Forbes - 2 Mar 2015 20:50
In trading on Monday, the iShares PHLX Semiconductor ETF (SOXX) is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of NXP Semiconductors (NXPI), up ...
Gap Inc Beats On Earnings Despite Currency Headwinds And Port Delays, But Issues Weak Guidance
Forbes - 2 Mar 2015 20:48
The company?s underlying performance is clearer when we exclude the impact of currency fluctuations. For the fourth quarter of 2014, while the retailer?s earnings per share improved 10% year over year on a reported basis...
Why We Are Revising Our Price Estimate For Time Warner Cable
Forbes - 2 Mar 2015 20:46
The company also lost fewer pay-TV subscribers last year. It was able to overcome the disappointing subscriber trends of 2013 and accordingly its stock was up over 17% last year. We are increasing our price estimate for ...