Market News
Why Adobe Is Worth $70 Per Share
Forbes - 5 Mar 2015 15:33
The stock has rallied from $70 in January to its current market price of over $77. This translates into a return of over 10% in the last month alone. While we have recently revised our price target from $62 to $70, we be...
Mosaic Shares Cross 2% Yield Mark
Forbes - 5 Mar 2015 22:10
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Mosaic Co (NYSE: MOS) were yielding above the 2% mark based on its quarterly dividend (annualized to $1.00), with the stoc...
Global food prices continue to dip
livemint.com - 5 Mar 2015 21:24
The FAO's food price index for February dipped by 14% over a year ago and declined by 1% sequentially
Sensex trades 90 points higher; Cipla, Sun Pharma gain
livemint.com - 5 Mar 2015 06:29Rupee opens marginally lower at 62.33 per dollar
livemint.com - 5 Mar 2015 05:53
The partially convertible rupee opens at 62.33 per dollar compared with its previous close of 62.27
Five Ways to Get a Better Deal in Mediation
Wall Street Journal - 5 Mar 2015 23:58
Savvy participants can tilt the process in their favor when mediation is used in divorce, disputes with brokers and other conflicts.
Indonesia Seeks Cash By Putting Up Its Own
Wall Street Journal - 5 Mar 2015 23:55
Indonesia's president wants to pour billions of dollars into state-owned firms to encourage the private sector to invest in infrastructure. Investors have their doubts.
Joy Global Crosses Above 2% Yield Territory
Forbes - 5 Mar 2015 22:09
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Joy Global Inc (NYSE: JOY) were yielding above the 2% mark based on its quarterly dividend (annualized to $0.80), with the...
Finning International Dividend Yield Pushes Past 3%
Forbes - 5 Mar 2015 22:08
In trading on Thursday, shares of Finning International Inc (Toronto: FTT) were yielding above the 3% mark based on its quarterly dividend (annualized to $0.71), with the stock changing hands as low as $23.64 on the day....
Top Buys by Directors: Steinour's $262.7K Bet on HBAN
Forbes - 5 Mar 2015 22:03
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
Which 8 Gurus All Hold Baidu?
Forbes - 5 Mar 2015 21:55
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,992 13F filings for the 12/31/2014 reporting period, and noticed that Baidu, Inc. (NASD: BIDU) wa...
Funds Added To Macerich Positions
Forbes - 5 Mar 2015 21:46
At Holdings Channel, we have reviewed 3,992 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...
See How Legg Mason Ranks Among Analysts' Top Picks With Strong Buyback Activity
Forbes - 5 Mar 2015 21:17
A study of analyst recommendations at the major brokerages shows that Legg Mason, Inc. (NYSE: LM) is the #54 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To ma...
Daily Dividend Report: GD, TYC, AMGN, DVN, PXD, HES, HRB
Forbes - 5 Mar 2015 20:43
General Dynamics (GD) declared a regular quarterly dividend of 69 cents per share on the company's common stock, payable May 8, 2015, to shareholders of record on April 10. The dividend represents an 11.3 percent increas...
Vale Signs Additional Streaming Agreement With Silver Wheaton To Boost Financial Flexibility
Forbes - 5 Mar 2015 20:42
The signing of the additional streaming agreement with Silver Wheaton is part of Vale's ongoing response to an environment of low commodity prices, particularly those of iron ore. The upfront cash payment will lessen the...
Abercrombie & Fitch's Dismal Q4 Results Raise Concerns Around Revival Strategies
Forbes - 5 Mar 2015 20:40
Following these results, Abercrombie's stock fell a sharp 15%, raising questions about the effectiveness of its revival strategies. The company is phasing out its logo business, testing new storefronts and pricing for Ho...
Thursday's ETF with Unusual Volume: AIRR
Forbes - 5 Mar 2015 20:38
The First Trust RBA American Industrial Renaissance ETF (AIRR) is seeing unusually high volume in afternoon trading Thursday, with over 322,000 shares traded versus three month average volume of about 57,000. Shares of...
How Citigroup Benefits From The Sale of OneMain
Forbes - 5 Mar 2015 20:38
While the deal will make Springleaf the single biggest sub-prime lender in the country, Citigroup stands to gain a lot from the disposal of what is its most profitable business in terms of return on assets (RoA). The cas...
Thursday's ETF Movers: BBH, ILF
Forbes - 5 Mar 2015 20:37
In trading on Thursday, the Biotech ETF (BBH) is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Puma Biotechnology (PBYI), up about 12.9% and shar...
Budget shows government seeks to become facilitator of growth: Jahangir Aziz
livemint.com - 5 Mar 2015 20:35
The JPMorgan Chase and Co. head of Asian emerging markets research says budget conveys the vision the govt wants to move away from being an enabler for growth and business to being a facilitator
Thursday Sector Laggards: Packaging & Containers, Education & Training Services
Forbes - 5 Mar 2015 20:35
In trading on Thursday, packaging & containers shares were relative laggards, down on the day by about 2.3%. Helping drag down the group were shares of Greif (GEF), down about 13.5% and shares of Packaging Corporation ...
Thursday Sector Leaders: Oil & Gas Refining & Marketing, Cigarettes & Tobacco Stocks
Forbes - 5 Mar 2015 20:33
In trading on Thursday, oil & gas refining & marketing shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Pacific Ethanol (PEIX), up about 24.3% and shares of Rex American Resou...