Market News
Pension Fight Comes to a Head in Memphis
Wall Street Journal - 16 Mar 2015 02:11
Many states and cities are facing pushback from workers as they seek cutbacks on pension entitlements to existing employees. But Memphis is particularly notable because workers have moved beyond rhetoric and into action.
Dow Jones Industrial Average Soars 228 Points As US Dollar Rally Pauses Ahead Of FOMC Meeting
IBTimes - 16 Mar 2015 23:32
U.S. stocks closed sharply higher Monday, with the Dow Jones Industrial Average soaring more than 200 points, as the U.S. dollar rally paused ahead of the Federal Reserve's two-day policy meeting. The Federal Open Market...
Dow, S&P Retake Positive Territory As Dollar Weakens, Oil Slips
Forbes - 16 Mar 2015 22:54
A weekend of rest did U.S. equity markets a lot of good.
Monday Sector Leaders: Healthcare, Utilities
Forbes - 16 Mar 2015 20:38
In afternoon trading on Monday, Healthcare stocks are the best performing sector, up 2.0%. Within that group, Edwards Lifesciences Corp (NYSE: EW) and Amgen Inc (NASD: AMGN) are two of the day's stand-outs, showing a gai...
Daily Dividend Report: PEB, ROP, ARE, LGF, UMPQ, MRH, BXMT
Forbes - 16 Mar 2015 20:03
Pebblebrook Hotel Trust (PEB) has declared, a quarterly cash dividend of $0.31 per common share of beneficial interest, to be paid on April 15, 2015 to shareholders of record as of March 31, 2015.
Stocks Still Looking Reasonably Priced Despite Lofty Levels
Forbes - 16 Mar 2015 19:43
Valuations look reasonable. The total market value of all equities compared to replacement value, ex-financials, shows a slight premium of over 2%, not exactly frothy.
Ann Rises On Better-Than-Expected Growth; Shows Merchandise And Cost Savings Improvement
Forbes - 16 Mar 2015 19:42
Although the retailer?s profits were down close to 94% as compared to the year ago period, air freight cost was responsible for most of the decline. Due to West Coast traffic congestion, Ann imported a fair portion of it...
FedEx Earnings Preview: Operating Expenses In Focus
Forbes - 16 Mar 2015 19:40
We will be focusing on the operating expenses for the quarter, since there is a chance that they may have surged as a result of the heavy investments made in order to handle the holiday season package volumes. FedEx coul...
Monday's ETF Movers: BBH, XOP
Forbes - 16 Mar 2015 19:39
In trading on Monday, the Biotech ETF (BBH) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of United Therapeutics (UTHR), up about 6.5% and shar...
Why Are Oil Prices Falling? Here Are Four Reasons Crude Prices Continue To Trend Lower
IBTimes - 16 Mar 2015 22:54
Oil prices tumbled to a six-year low Monday, driven by renewed fears of oversupply and a surging U.S. dollar. Crude prices were also weighed down amid U.S. negotiations toward a possible nuclear deal with Tehran, which w...
Wall Street Fires Back At Obama Over Broker Standards
IBTimes - 16 Mar 2015 21:48
Most retirement account-holders have little idea whether the person who manages their nest egg is a "fiduciary" or not. But knowing the difference could save the median two-earner family up to $155,000 over a lifetime of...
Indian firms get almost $6.4 bn from share sales since January
livemint.com - 16 Mar 2015 21:07
As many as 20 Indian companies have managed to raise capital through the share sale route so far this year
See Which 13 Guru Fund Managers Hold Allergan
Forbes - 16 Mar 2015 21:04
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 4,002 13F filings for the 12/31/2014 reporting period, and noticed that Allergan, Inc (NYSE: AGN) w...
Adlabs Entertainment IPO gets 60% subscription
livemint.com - 16 Mar 2015 20:45
Issue for sale of 17,604,092 shares received bids for 10,631,725 shares
Monday Sector Laggards: Materials, Energy
Forbes - 16 Mar 2015 20:39
Looking at the sectors faring worst as of midday Monday, shares of Materials companies are underperforming other sectors, showing a 0.2% loss. Within that group, DuPont (NYSE: DD) and Alcoa, Inc. (NYSE: AA) are two large...
High-Frequency Trading Lawsuit: Algorithmic Traders Sue Other 'Flash Boys' Over 'Spoofing'
IBTimes - 16 Mar 2015 19:48
Something was amiss in the trading room at HTG Capital Partners. Namely, the market for U.S. Treasury bond futures seemed jinxed. Moments after traders confirmed a purchase, the price would suddenly fall, as hundreds of ...
Monday's ETF with Unusual Volume: PSAU
Forbes - 16 Mar 2015 19:39
The PowerShares Global Gold and Precious Metals Portfolio ETF (PSAU) is seeing unusually high volume in afternoon trading Monday, with over 817,000 shares traded versus three month average volume of about 65,000. Share...
Minding Deadlines For Tax Extensions And Elections
Forbes - 16 Mar 2015 19:38
When tax information is incomplete near the deadline, it?s wise to file an automatic six-month extension.
China Telecom Earnings Preview: Sluggish 3G/4G Adds, VAT To Hurt Profits
Forbes - 16 Mar 2015 19:38
In its upcoming earnings release, we expect the company to report mid single-digit y-o-y growth in operating revenues on account of a steady increase in fixed broadband users and gain in high speed subscribers (3G and 4G...
Global equities rise as euro recovers and dollar weakens
livemint.com - 16 Mar 2015 19:36
Dow Jones up 0.90%, Standard & Poor's 500 adds 0.87%, Nasdaq gains 0.78%
Monday Sector Leaders: Railroads, Waste Management Stocks
Forbes - 16 Mar 2015 19:36
In trading on Monday, railroads shares were relative leaders, up on the day by about 1.6%. Leading the group were shares of Canadian Pacific Railway (CP), up about 3.3% and shares of Canadian National Railway (CNI) up ...
Monday Sector Laggards: Rental, Leasing, & Royalty, Oil & Gas Exploration & Production Stocks
Forbes - 16 Mar 2015 19:36
In trading on Monday, rental, leasing, & royalty shares were relative laggards, down on the day by about 3.4%. Helping drag down the group were shares of Hugoton Royalty Trust (HGT), off about 8.9% and shares of Pacifi...