Market News
Bank Of America Breakup: Leading Analyst Endorses Proposal To Have Bank Consider Split
IBTimes - 26 Mar 2015 23:55
Last week the U.S. Securities and Exchange Commission gave the green light to a proposal to have Bank of America consider splitting itself up - the agency's first victory in its effort to push mega-banks to address their...
Dow Jones Industrial Average And S&P 500 Index Turn Red For 2015 Ahead Of US GDP
IBTimes - 26 Mar 2015 23:09
U.S. stocks managed to trim early sharp losses Thursday, but geopolitical concerns in the Middle East weighed on all three major indexes, extending the losing streak to a fourth day. Saudi Arabia began airstrikes in Yeme...
Carnival Has Reason to Celebrate
Wall Street Journal - 26 Mar 2015 23:09
Ahead of the Tape: Cruise operator Carnival Corp. seems on course for more gains.
Losing Streak? GameStop Sales Skid, Miss Estimates
Forbes - 26 Mar 2015 22:47
GameStop reported worse-than-expected fourth quarter earnings on Thursday, citing fewer hardware sales.
Germanwings Flight 9525 Crash Sends Airline Stocks Tumbling; Deutsche Lufthansa (LHA) Shares Sink After Authorities Say Co-Pilot Andreas Lubitz 'Wanted To Destroy' Plane
IBTimes - 26 Mar 2015 22:08
Airline stocks lost altitude Thursday after officials said the co-pilot of the Germanwings flight that crashed into the French Alps Tuesday downed the plane on purpose. The announcement sent shares of Deutsche Lufthansa ...
See Which 9 Guru Fund Managers Hold Actavis
Forbes - 26 Mar 2015 21:57
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 4,003 13F filings for the 12/31/2014 reporting period, and noticed that Actavis plc (NYSE: ACT) was...
Funds Added To Skyworks Solutions Positions
Forbes - 26 Mar 2015 21:56
At Holdings Channel, we have reviewed 4,003 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...
Sensex back to levels first seen last October
livemint.com - 26 Mar 2015 21:49
S&P BSE Sensex falls 2.33% to 27,457.58 points on Thursday as global cues added to impact of March futures and options expiry day
Thursday Sector Laggards: Services, Consumer Products
Forbes - 26 Mar 2015 21:26
The worst performing sector as of midday Thursday is the Services sector, showing a 0.3% loss. Within that group, Staples Inc (NASD: SPLS) and Wynn Resorts Ltd (NASD: WYNN) are two of the day's laggards, showing a loss o...
Slowdown in China will have significant impact on region: John Lorie
livemint.com - 26 Mar 2015 20:08
The economist at Amsterdam credit insurer Atradius NV on how the low-interest environment and the slowdown in China could lead to a reallocation of funds
Daily Dividend Report: ACN, YUM, CPB, MKC, CLC, CMC, WOR
Forbes - 26 Mar 2015 19:53
Accenture has declared a semi-annual cash dividend of $1.02 per share on Accenture Class A ordinary shares for shareholders of record at the close of business on April 10, 2015, and Accenture SCA will declare a semi-annu...
Paychex Earnings: Solid HRS Performance Drives Revenue
Forbes - 26 Mar 2015 19:44
Driven by strong growth in its Human Resource Services segment, the company reported 8% year-on-year growth in service revenue, tracking the lower end of its guidance of 8-10% growth for the fiscal year, to reach $693.6 ...
These Three Scenarios Could Significantly Change PepsiCo's Valuation
Forbes - 26 Mar 2015 19:42
One of the world's largest food and beverage conglomerates, PepsiCo's stock grew 45% from 2011 to 2014, the same time in which the company's revenues remained flat. One of the main reasons for the flat top line growth is...
How Can McCafe's Aggressive Expansion Impact McDonald's Stock Price?
Forbes - 26 Mar 2015 19:38
McDonald’s has had a couple of rough years, with a stagnant revenue stream, negative comparable store sales, and declining customer traffic, in almost all the geographical regions. Stiff competition among the quick ser...
Thursday Sector Leaders: Rental, Leasing, & Royalty, Defense Stocks
Forbes - 26 Mar 2015 18:14
In trading on Thursday, rental, leasing, & royalty shares were relative leaders, up on the day by about 1.6%. Leading the group were shares of Sandridge Mississippian Trust I (SDT), up about 5.5% and shares of Pacific ...
Thursday Sector Laggards: Biotechnology, Music & Electronics Stores
Forbes - 26 Mar 2015 18:13
In trading on Thursday, biotechnology shares were relative laggards, down on the day by about 1.8%. Helping drag down the group were shares of Neuralstem (CUR), down about 12.3% and shares of Actinium Pharmaceuticals (...
Thursday's ETF Movers: GDX, XBI
Forbes - 26 Mar 2015 18:13
In trading on Thursday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 0.5% on the day. Components of that ETF showing particular strength include shares of Harmony Gold Mining (HMY), up about 3.7% and...
Thursday's ETF with Unusual Volume: GURU
Forbes - 26 Mar 2015 18:12
The Guru Index ETF (GURU) is seeing unusually high volume in afternoon trading Thursday, with over 437,000 shares traded versus three month average volume of about 115,000. Shares of GURU were off about 0.3% on the day...
S&P 500 Analyst Moves: GOOG
Forbes - 26 Mar 2015 17:47
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Google (GOOG) is now the #5 analyst pick, moving up by 3 spots.
Harness The (Growing) Power Of Tax-Exempt Income
Forbes - 26 Mar 2015 17:11
For an apples-to-apples comparison between muni bond and taxable bond yields, the thing to look at is the tax-equivalent yield.
Thursday 3/26 Insider Buying Report: AMOT
Forbes - 26 Mar 2015 17:04
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at one noteworthy recent insider buy.
EFA, BIS: Big ETF Inflows
Forbes - 26 Mar 2015 16:58
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI EAFE ETF (EFA), which added 11,400,000 units, or a 1.3% increase week over ...