Market News
Buffett Wannabe Biglari Unapologetic After Beating Investor Challenge
Forbes - 9 Apr 2015 23:58
In a packed, near five hour-long question and answer session styled after Buffett's so-called 'woodstock of capitalism,' Sardar Biglari was defiant.
Courier Industry: FedEx's Bid For TNT Will Create A More Competitive Market
Forbes - 9 Apr 2015 23:09
US courier giant FedEx Corporation’s (FedEx) €4.4 billion (c.$4.8bn/£3.2bn) bid for Dutch rival package delivery firm TNT Express N.V. to expand its European operation has sparked a boost in courier company shares. ...
No Easy Way Out for Import Prices
Wall Street Journal - 9 Apr 2015 23:05
Ahead of the Tape: The dollar's recent strength will weigh on import prices for months to come, potentially staying the Fed's hand on rates.
PM Narendra Modi sees his reform agenda as a two-term project: Alastair Newton
livemint.com - 9 Apr 2015 21:09
The senior political analyst at Nomura on why the BJP-led government should not be judged on the basis of its performance in its first year
In blessed company
livemint.com - 9 Apr 2015 21:01
Moody's Investor Service raises India's sovereign credit rating outlook to positive from stable
Sebi set to revamp its enforcement systems
livemint.com - 9 Apr 2015 20:31
The markets regulator plans to expand its probe and enforcement team, quicken adjudication processes and strengthen enforcement
Thursday Sector Laggards: Utilities, Services
Forbes - 9 Apr 2015 20:31
Looking at the sectors faring worst as of midday Thursday, shares of Utilities companies are underperforming other sectors, showing a 0.7% loss. Within that group, NRG Energy Inc (NYSE: NRG) and PPL Corp (NYSE: PPL) are ...
Another Marijuana Penny Stock Flames Out
Forbes - 9 Apr 2015 20:16
CEN Biotech is a marijuana penny stock firm that lashes out at anyone and everyone that accuses it of misleading statements.
Market Guru Advises Use Of Savvy Stock Picking To Beat Volatility
Forbes - 9 Apr 2015 20:00
Portfolio managers will need to be very good at picking low entry points and picking stocks.
Bed Bath & Beyond Shares Fall On Lower-Than-Expected Q4 Revenues & Weak Margins
Forbes - 9 Apr 2015 19:42
Bed Bath & Beyond's shares fell by close to 3% in after-hours trading after its Q4 fiscal 2014 revenues missed consensus estimates. The company reported a 4.2% increase in revenues to $3.33 billion, while the consensus e...
What Can Move Viacom's Stock Higher?
Forbes - 9 Apr 2015 19:40
Over the next few years, we expect revenues from cable networks to grow in low-single-digits. However, there still remains uncertainty around the ratings environment, which suggests room for stock price movement dependin...
Currency Fluctuations Weigh On Asset Bases Of Global Custody Banks
Forbes - 9 Apr 2015 19:38
Global custody banks have had a strong run in recent years, as the slew of stricter rules in the aftermath of the economic downturn has boosted demand for their services. This is because more financial institutions are n...
CLP India issues bonds worth Rs476 crore
livemint.com - 9 Apr 2015 19:37Alcoa Earnings Review: Higher Aluminum Prices And Productivity Improvements Boost Q1 Results
Forbes - 9 Apr 2015 19:34
The company reported strong year-over-year growth in quarterly profits. Excluding one-time costs, net income stood at $363 million in Q1 2015, as compared to $98 million in the corresponding period last year. One-time ch...
US stocks fluctuate as energy companies gain while alcoa falls
livemint.com - 9 Apr 2015 18:50
Six of the S&P 500's 10 main groups fell, with financial and consumer discretionary firms weighing the most on the benchmark index
Maruti replaces Just Dial in CLSA's Asia ex-Japan long-only portfolio
livemint.com - 9 Apr 2015 18:39
In his weekly newsletter, managing director of CLSA, notes that Just Dial has risen 31% since its inclusion in May 2014
Interesting ATVI Put And Call Options For May 29th
Forbes - 9 Apr 2015 18:03
Investors in Activision Blizzard, Inc. (NASD: ATVI) saw new options become available today, for the May 29th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the ATVI options chain for ...
S&P 500 Analyst Moves: ADSK
Forbes - 9 Apr 2015 17:51
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Autodesk (ADSK) is now the #90 analyst pick, moving up by 2 spots.
Daily Dividend Report: EPD, TLM, WBA, CAT, ADP, STZ
Forbes - 9 Apr 2015 17:50
Enterprise Products Partners L.P. (EPD) declared an increase in the quarterly cash distribution paid to partners to $0.375 per common unit, or $1.50 per unit on an annualized basis. The quarterly distribution will be pai...
Is the Correction in Healthcare Over?
Forbes - 9 Apr 2015 17:43
The stock market rallied in reaction to the FOMC minutes as all of the major averages except the Dow Utilities closed higher for the day. Still, most did close below the day's highs, but the market internals were positiv...
Dow Jones Industrial Average Wavers On Soft Start To Earnings Season; Alcoa, Bed Bath & Beyond Drop, Walgreens Rises
IBTimes - 9 Apr 2015 17:40
U.S. stocks were down slightly Thursday as traders weighed lower-than-expected U.S. weekly unemployment claims with lackluster performance in the earnings season that began Wednesday.
Wall Street Needs Better Safeguards Against Hackers, Says Regulator
IBTimes - 9 Apr 2015 17:34
Financial regulators are raising concerns about weaknesses in the networks of outside vendors that serve Wall Street's biggest banks, security lapses that might allow hackers to gain access to sensitive financial data.