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Market News

Location American Market News for 1 April 2015

Radio Shack Avoids Total Liquidation

IBTimes - 1 Apr 2015 04:26
America's one-stop shop for batteries and phone chargers will survive, albeit in a much-reduced form. A bankruptcy judge in Delaware approved a bid from hedge fund Standard General that will keep the troubled electronics...
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Here Are The Stock Market Charts To Watch Right Now U.S. equities are still in a trading range and waiting for their next major catalyst.
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GoDaddy IPO values company at $4.5 billion

livemint.com - 1 Apr 2015 05:34
GoDaddy IPO values company at $4.5 billion GoDaddy prices its IPO at $20 per share, above its previously indicated $17 to $19 per share range, according to sources
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McDonald's To Raise Wages: Will It Be Enough To Please Employees, Shareholders? America's biggest restaurant chain followed the lead of the nation's largest retailer giving 90,000 employees a small raise.
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Micron's Profit, Revenue Exceed Expectations Micron Technology reported better than expected earnings in its fiscal second quarter on Wednesday, supported by demand for its chips that are used in smartphones and computers.
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Stocks have been on a great run and with the European Central Bank and Bank of Japan pumping money into the global economy--picking up where the Fed left off--expect it to continue.
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India Inc: no place for the small

livemint.com - 1 Apr 2015 21:23
India Inc: no place for the small Listed companies saw almost flat growth in December quarter, following a decelerating trend over the years
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Revival in primary market? Firms lining up to file for IPO Since January, 12 firms have sought approval for primary issues, compared with 18 in all of calendar year 2014
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Stocks expected to beat other asset classes in 2015-16 Almost 38% of investment professionals in a survey expect the economy to grow between 7% and 7.5% in the current fiscal year
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Wednesday Sector Leaders: Energy, Utilities In afternoon trading on Wednesday, Energy stocks are the best performing sector, higher by 1.0%. Within that group, Newfield Exploration Co. (NYSE: NFX) and Hess Corp (NYSE: HES) are two of the day's stand-outs, showing ...
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The company is poised to grow strongly in the coming quarters on the back of a revamped product lineup, strength in the storage software market and its presence in the fast-growing converged infrastructure and flash arra...
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Altisource Residential Corporation (RESI) has declared a quarterly cash dividend of $0.55 per share of common stock. Residential will pay this quarterly dividend on April 23, 2015 to all stockholders of record as of the ...
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Goldman Sachs retained the top spot in terms of market share by deal size - a position it has maintained in eight of the last eleven quarters. The bank topped the list of book-runners in Asia and Australia to achieve a m...
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We estimate Facebook's overall advertising ARPU to surge from $8.60 in 2014 to over $23.00 by 2021, driven by the roll-out of better and more targeted ads, high demand for social media and mobile ads, an increase in user...
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Buying Altera could be a good move for Intel as it will help the company to further diversify its addressed markets and reduce its dependence on the PC market. Altera generates close to $2 billion in revenue and has marg...
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Wednesday's ETF with Unusual Volume: PPH

Forbes - 1 Apr 2015 19:27
The Pharmaceutical ETF (PPH) is seeing unusually high volume in afternoon trading Wednesday, with over 506,000 shares traded versus three month average volume of about 85,000.  Shares of PPH were off about 0.8% on the d...
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Wednesday's ETF Movers: GDXJ, XBI

Forbes - 1 Apr 2015 19:25
In trading on Wednesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 4.5% on the day.  Components of that ETF showing particular strength include shares of Bear Creek Mining (BCM.CA), up abou...
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In trading on Wednesday, entertainment shares were relative laggards, down on the day by about 2.1%.  Helping drag down the group were shares of Hong Kong Television Network (HKTV), down about 21.5% and shares of Rentra...
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In trading on Wednesday, precious metals shares were relative leaders, up on the day by about 3.7%.  Leading the group were shares of Harmony Gold Mining Company (HMY), up about 10.6% and shares of Gold Resource (GORO) ...
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JSW Energy's two promoters buy Rs89 crore shares from JSW Steel A little over 7.5 million shares were acquired by Amba River Coke and JSW Steel Coated Products
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Dow Analyst Moves: AAPL

Forbes - 1 Apr 2015 17:47
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple (AAPL) is the #4 analyst pick.  Apple also comes in above the median ...
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GoDaddy Inc. (NYSE:GDDY), the world's largest website registrar, made its stock market debut Wednesday with an initial public offering that values the company at $5.48 billion. Shares leaped more than 30 percent after th...
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