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Market News

Location American Market News for 13 March 2015

Barclays Braces for 'Mack the Knife'

Wall Street Journal - 13 Mar 2015 02:10
Former Citigroup executive John McFarlane, who has a reputation as a fearsome restructurer of ailing financial institutions, becomes chairman of the scandal-prone bank next month.
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HealthSouth Larger Than S&P 500 Component Owens-Illinois In the latest look at stocks ordered by largest market capitalization, Russell 3000 component HealthSouth Corp. (NYSE: HLS) was identified as having a larger market cap than the smaller end of the S&P 500, for example Ow...
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U.S. stocks closed sharply lower Friday, with Dow Jones Industrial Average plunging more than 145 points, as economists look ahead the Federal Reserve's policy meeting next week. The blue-chip Dow and Standard & Poor's 5...
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Clean Harbors Larger Than S&P 500 Component Allegheny Technologies In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Clean Harbors, Inc (NYSE: CLH) was identified as having a larger market cap than the smaller end of the S&P 500, for example A...
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Cabot Corp. Larger Than S&P 500 Component Denbury Resources In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Cabot Corp. (NYSE: CBT) was identified as having a larger market cap than the smaller end of the S&P 500, for example Denbury ...
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Broadridge Financial Solutions Moves Up In Market Cap Rank, Passing Teradata Corp In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Broadridge Financial Solutions (NYSE: BR) was identified as having a larger market cap than the smaller end of the S&P 500, fo...
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Sorry But This Is Not 1997 For The Market

Forbes - 13 Mar 2015 22:18
Sorry But This Is Not 1997 For The Market Several months ago I wrote of how super bull markets that last nine or ten years have been once in a generation situations, the last ones being those of the 1920’s and the 1990’s, but that there were enough similarit...
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How Adding Apple Helps The Dow Soften Oil's Blow To Earnings Swapping out AT&T for Apple makes the Dow's earnings growth picture look less grim for the next few quarters.
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New glut concern emerges as oil refineries ramp up output Global refining has surged so much that it risks creating a glut of fuel products that prompts operators to scale back their purchases of crude
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Pound drops to lowest since 2010

livemint.com - 13 Mar 2015 21:42
Pound drops to lowest since 2010 Pound falls against dollar as a rally in the greenback was compounded by concerns over the UK's political future
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US crude slumps 4% on stronger dollar, glut warning

livemint.com - 13 Mar 2015 21:31
US crude slumps 4% on stronger dollar, glut warning Brent falls $1.40, or 2.5%, to $55.68 a barrel
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Dollar gallops to fresh highs; global stocks and oil fall Dollar index on track for a back-to-back weekly gain of more than 2%, MSCI all-country world equity index down 0.8%
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Weekly Market Wrap: March 13, 2015

Forbes - 13 Mar 2015 20:49
The tenth 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.
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Investors Bag LPI 6.8% Lower Than Its Secondary Stock Offering Looking back to 11 days ago, Laredo Petroleum, Inc (NYSE: LPI) priced a 60,000,000 share secondary stock offering at $11.05 per share. Buyers in that offering made a considerable investment into the company, expecting th...
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What stood out in the earnings release was the strong rise in operating profits for the automaker, pushing automotive margins to 6%, up from 5.6% in 2013, despite another weak performance from the namesake passenger vehi...
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The company attributed the robust growth rate to a strong customer response for its new products. The company expects the growth in emerging storage to continue through 2015 and resulting revenues to rise by over 30% to ...
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UTC Looks To Unlock Value From Sikorsky

Forbes - 13 Mar 2015 19:45
In our view, the recent drop in oil prices, coupled with the anticipation that oil prices could remain weak for the foreseeable future, prompted United Technologies to reevaluate this business. Sikorsky had been counting...
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Having posted strong results in the second quarter thanks to the rapid expansion of its cloud computing business, expectations are ripe for the continuation of the cloud success story. Further, this will be the first ear...
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BNY Mellon?s quarterly dividend payout will remain unchanged at $0.17 per share for the next four quarters. Taken together with the proposed share buyback, this implies that the bank is looking to return as much as $3.8 ...
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Earlier this week, Intel lowered its Q1 2015 outlook as a result of weaker than expected demand for business desktop PCs and lower than expected inventory levels across the PC supply chain. The company has lowered the mi...
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U.S. stocks extended losses Friday, with Dow Jones Industrial Average plunging more than 250 points, as the U.S. dollar continued its surge while oil prices weakened, driving all Standard & Poor's 500 sectors lower. All ...
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Friday 3/13 Insider Buying Report: ERII, BG

Forbes - 13 Mar 2015 19:32
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to ...
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