Market News
A First From China: 72-Year-Old Woman Becomes Billionaire On Successful Web Investment
Forbes - 20 Mar 2015 05:17
All stripes of Chinese have made into the billionaire ranks in the past decade following the country’s rapid economic growth and boom in new rich: e-commerce success such as Alibaba Group’s Jack Ma, Tibetan medicine ...
China Businesswoman Zhou Qunfei, Rags-To-Riches Supplier To Apple, Is Now Worth $3.5 Bln
Forbes - 20 Mar 2015 02:58
Shares in Apple touch-screen glass supplier Lens Technology soared by their daily limit for a second day on Thursday after their debut at the Shenzhen Stock Exchange on Wednesday, adding $315 million to the fortune of co...
Nasdaq Composite Closes Above 5,000 For Second Time Since 2000
IBTimes - 20 Mar 2015 23:55
U.S. stocks rebounded Friday, with the Nasdaq composite closing above 5,000 for only the second time since the dot-com bubble in 2000, as investors cheered strong earnings and a boost in oil prices. Friday also saw an in...
How to Make Sense and Profit in Today's Confusing Economy?
Forbes - 20 Mar 2015 23:18
Today's macro economic environment is complex and confusing. Looking at economic and political fundamentals can help investors make sense of the economy and its impact on markets.
Smart Is The New Green
Forbes - 20 Mar 2015 23:11
As an electrical engineer, I feel I spent the first half of my career working on green and renewable energy solutions. However, now my career’s focus is on smart solutions. I feel that a lot of my time spent working on...
The Implosion Of A Warren Buffett Wannabe
Forbes - 20 Mar 2015 22:35
After years of plundering the company's assets and taking rich payouts as CEO, Sardar Biglari's time appears to be near.
Friday Sector Laggards: Healthcare, Industrial
Forbes - 20 Mar 2015 20:35
The worst performing sector as of midday Friday is the Healthcare sector, higher by 0.6%. Within that group, Tenet Healthcare Corp. (NYSE: THC) and Vertex Pharmaceuticals, Inc. (NASD: VRTX) are two of the day's laggards,...
Never Short A Quiet Market Like The One For Apple Shares
Forbes - 20 Mar 2015 20:34
Shares of Apple (AAPL) are positioned below their all-time and the price action looks hesitant. Aggressive traders would see this signal of resistance in price appreciation as a prime opportunity to sell the stock short....
Friday Sector Leaders: Energy, Financial
Forbes - 20 Mar 2015 20:34
The best performing sector as of midday Friday is the Energy sector, higher by 1.9%. Within the sector, Transocean Ltd. (NYSE: RIG) and FMC Technologies, Inc. (NYSE: FTI) are two large stocks leading the way, showing a g...
Ctrip's Q4 Top Line Soars With Pull Of Investments & Acquisitions While Shares Rise In Tandem
Forbes - 20 Mar 2015 19:44
The revenue boost came at the cost of bottom line erosion, due to increased investment in product development and marketing efforts. In Q4 2014, product development expenses were $127 million reflecting a 137% year-on-ye...
Here's Why We Have Changed Monster Worldwide's PT To $6.80
Forbes - 20 Mar 2015 19:42
We recently changed our price estimate for Monster's stock from $5.59 to $6.80, increasing it by over 20%. This change in valuation reflects an improved outlook, as we think the worst could now be over for Monster, and i...
Target's Plans To Protect Its Bottomline May Get Hindered By A Probable Wage Hike
Forbes - 20 Mar 2015 19:40
It has been reported that the company may raise its minimum wage to $9 an hour, following the footsteps of Wal-Mart. This could well increase Target's wage related expenses, offsetting the effects of its cost saving effo...
How Pandora Plans To Generate More Revenues Amid Threatening Royalty Rates
Forbes - 20 Mar 2015 19:38
Since adopting a subscription model seems a little far-fetched for Pandora, a more realistic way for propelling top-line growth is to generate more revenues through ads with effective inventory selling. The company is al...
China Mobile's 2014 Revenues Grow On 4G Device Sales And Higher Data Traffic
Forbes - 20 Mar 2015 19:36
While growing costs and declining service revenues put a dent in earnings, the carrier was able to grow its 3G/4G subscriber base by over 75% to about 336 million in 2014. Considering that data traffic is quickly becomin...
Is The OPEC's Strategy Working?
Forbes - 20 Mar 2015 19:34
Diminishing opportunities for improving drilling productivity and boosting initial production rates in more mature tight oil plays as the key reason why oil production in the U.S. might not be able to continue to increas...
Forbes Earnings Preview: McCormick & Company
Forbes - 20 Mar 2015 18:00
McCormick & Company reports its first-quarter earnings on Tuesday, March 24, 2015, and the consensus earnings per share estimate is 64 cents per share.The consensus estimate remains unchanged over the past month, but it ...
Earnings Expected to Increase for Steelcase
Forbes - 20 Mar 2015 18:00
Optimism surrounds Steelcase, as it gets ready to report its fourth quarter results on Tuesday, March 24, 2015. Analysts are expecting the company to book a profit of 21 cents a share, up from 18 cents a year ago.The con...
US stocks, oil jump as dollar weakens
livemint.com - 20 Mar 2015 17:52
Brent crude rose 1.1% to $55.01 per barrel while US crude futures for April delivery jumped 3.4% to $45.45
Home Prices Rise, But Millions Of Homeowners Remain Underwater
IBTimes - 20 Mar 2015 16:52
For most homeowners, the tide is rising. Home prices have increased some 6 percent in the last 12 months and interest rates remain low. But eight years after the start of the housing crisis, millions of American homeowne...
Dow Jones Industrial Average Rallies 100 Points, Nasdaq Composite Within Spitting Distance Of All-Time Closing High
IBTimes - 20 Mar 2015 16:19
U.S. stocks gained in morning trading Friday, with the Dow Jones Industrial Average jumping more than 100 points, as investors await speeches from two Federal Reserve officials that could shed more light on the timing of...
Investing Basics: What Is Asset Allocation?
Forbes - 20 Mar 2015 15:45
Investment advisors often talk to their clients about "asset allocation" without much explanation. Too bad, because it's worth your while as a retirement investor to understand what asset allocation is — and what it is...
What The Federal Reserve And The Fear Trade Do for Gold
Forbes - 20 Mar 2015 15:40
Take a look at the current five-year Treasury yield and subtract from it the consumer price index year-over-year change. You get either a positive or negative real interest rate. When that number is negative, gold has te...