Market News
Time for the Fed to Buck Up
Wall Street Journal - 18 Mar 2015 23:37
With the dollar's strength weighing on both inflation and the economy, higher rates from the Federal Reserve look farther off.
Dow Jones Industrial Average Skyrockets 200 Points, Nasdaq Composite Briefly Hits 5000 Milestone On FOMC Statement
IBTimes - 18 Mar 2015 22:52
U.S. stocks skyrocketed Wednesday, with the Dow Jones Industrial Average surging more than 200 points, after the U.S. Federal Reserve dropped "patient" from its monetary policy statement. The move signaled the central ba...
See Which 9 Guru Fund Managers Hold DIRECTV
Forbes - 18 Mar 2015 22:15
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 DIRECTV (NASD: DTV) was hel...
Forbes Earnings Preview: Darden Restaurants
Forbes - 18 Mar 2015 22:00
Darden Restaurants reports its third-quarter earnings on Friday, March 20, 2015, and the consensus earnings per share estimate is 84 cents per share.The consensus estimate hasn't changed over the past month, but it's up ...
Forbes Earnings Preview: Tiffany & Co.
Forbes - 18 Mar 2015 22:00
Tiffany & Co. reports its fourth-quarter earnings on Friday, March 20, 2015, and the consensus earnings per share estimate is $1.51 per share.Over the past month, the consensus estimate has jumped from $1.50, but it's be...
U.S. Oil Prices Erase Losses After Fed Statement
Wall Street Journal - 18 Mar 2015 21:12
U.S. oil prices turned positive after the Federal Reserve policy committee pushed back market expectations for higher U.S. interest rates. That statement weakened the dollar, making oil more affordable to buyers using ot...
10-Year Treasury Yield Falls After Fed Statement
Wall Street Journal - 18 Mar 2015 20:51
Investors piled into U.S. government bonds on Wednesday, sending the benchmark 10-year note's yield below 2%, as the Federal Reserve's statement soothed concerns the central bank is in a hurry to raise rates.
Fed Opens Door to Rate Increase but Remains Cautious on Growth
Wall Street Journal - 18 Mar 2015 21:11
The Federal Reserve offered several reasons it is still in no great rush to raise short-term interest rates and said it would move when it is reasonably confident that low inflation is on track to return to its 2% target...
U.S. Stocks Rally as Fed Signals Caution
Wall Street Journal - 18 Mar 2015 21:09
U.S. stocks and bonds rallied, while the dollar slumped, after the Federal Reserve signaled a more cautious approach to raising interest rates than investors had expected.
Wednesday Sector Laggards: Consumer Products, Services
Forbes - 18 Mar 2015 20:40
In afternoon trading on Wednesday, Consumer Products stocks are the worst performing sector, up 0.4%. Within that group, Keurig Green Mountain Inc (NASD: GMCR) and Mattel Inc (NASD: MAT) are two large stocks that are lag...
Wednesday Sector Leaders: Energy, Utilities
Forbes - 18 Mar 2015 20:39
In afternoon trading on Wednesday, Energy stocks are the best performing sector, higher by 2.1%. Within that group, Newfield Exploration Co. (NYSE: NFX) and Transocean Ltd. (NYSE: RIG) are two large stocks leading the wa...
Inox Wind IPO gets 9% subscription on first day
livemint.com - 18 Mar 2015 20:25
IPO receives bids for 1,977,885 shares against 23,201,121 scrips on offer, shows NSE data
Trouble With Trusts When Transferring Wealth
Forbes - 18 Mar 2015 20:25
Setting up trusts has been grist for advisors and family offices, but is it the right approach?
Investors Raise Alarm Over Liquidity Shortage
Wall Street Journal - 18 Mar 2015 20:00
Despite a wave of central-bank stimulus spending, trading volumes keep falling, raising the risk of severe disruptions in financial markets.
Wednesday 3/18 Insider Buying Report: GTY, HTH
Forbes - 18 Mar 2015 19:51
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 cash to mak...
Noteworthy Wednesday Option Activity: ADBE, FDX, CMG
Forbes - 18 Mar 2015 19:50
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Adobe Systems, Inc. (NASD: ADBE), where a total volume of 36,960 contracts has been traded thus far today, ...
Shareholder Proposal To Break Up Bank Of America Wins SEC Approval: EXCLUSIVE
IBTimes - 18 Mar 2015 19:47
The Securities and Exchange Commission is giving the go-ahead to a shareholder proposal that seeks to break up the mighty Bank of America. Bartlett Naylor, the financial policy adviser at the policy group Public Citizen ...
China Telecom Earnings: Network Upgrade Costs, Sluggish Subscriber Gains Weigh On Profits
Forbes - 18 Mar 2015 19:44
China Telecom's net profit rose marginally by about 1% year-over-year (y-o-y) to RMB 17.7 billion ($2.84 billion) in 2014, as overall cost savings offset the impact of sluggish wireless subscriber growth. These cost savi...
NASDAQ OMX To Launch Energy Derivatives To Compete With ICE, CME
Forbes - 18 Mar 2015 19:42
In the last few months, the exchange operator has pitched offerings to and secured support from some major banks, clearing firms and brokerages to help boost trade volumes. The main aim behind venturing into energy deriv...
Nvidia Announces New Technology & An Updated GPU Roadmap
Forbes - 18 Mar 2015 19:40
Nvidia kickstarted its GPU Technology Conference by unveiling new devices, hardware and software that bring unprecedented speed, ease and power to deep learning research. Deep learning, a rapidly growing segment of artif...
State Street's 2015 Capital Plan Includes $1.8B In Buybacks, 13% Dividend Hike
Forbes - 18 Mar 2015 19:38
State Street announced plans to buy back shares worth $1.8 billion between now and the end of June 2016 while also hiking common share dividends by 13%. While slightly higher than the $1.7 billion share repurchase plan t...
FCC's Recent Rulings Add Uncertainty To Time Warner Cable's Deal With Comcast
Forbes - 18 Mar 2015 19:36
The Federal Communications Commission recently put the long running review of the proposed takeover of Time Warner Cable by Comcast on hold. The FCC has further stated that it can restart the review as it sees fit. The m...