Market News
Investors Hunt Bargains in European Corporate Bonds
Wall Street Journal - 15 Apr 2015 06:07
Investors are stepping back into European corporate bonds, hunting for bargains after a surprisingly sharp decline in prices at the start of the European Central Bank's debt-buying program.
Dow Jones Industrial Average Rallies 70 Points On Intel; Netflix Inc (NFLX) Stock Price Soars 13% In After-Hours Trading
IBTimes - 15 Apr 2015 22:59
U.S. stocks closed sharply higher Wednesday, after a more than 2 percent gain from the energy sector led the S&P 500 higher for the second straight session. Shares of Netflix Inc. (NASDAQ:NFLX) soared more than 13 percen...
UnitedHealth Earnings Preview: Open Enrollment Period To Drive Results
Forbes - 15 Apr 2015 22:40
We expect the company's increased participation in the second open enrollment period on healthcare exchanges, along with increased customer participation, to impact the company's first quarter results. Additionally, the ...
5 Money Rules For A Successful Retirement
Forbes - 15 Apr 2015 21:00
Worried about running out of money in retirement? To get the most out of your investments and make them last when you aren't working, follow these simple guidelines without fail.
VRL Logistics' IPO subscribed 62% on Day 1
livemint.com - 15 Apr 2015 20:39
VRL Logistics' public offer receives bids for 10,126,480 shares against the total issue size of 16,269,006 shares
Virtu IPO to Test Perceptions of High-Speed Trading
Wall Street Journal - 15 Apr 2015 20:38
The initial public offering of Virtu will be an important test of how global investors view a firm that has been at the center of controversy around high-speed, computerized trading.
Wednesday Sector Laggards: Services, Consumer Products
Forbes - 15 Apr 2015 20:35
The worst performing sector as of midday Wednesday is the Services sector, up 0.1%. Within that group, Interpublic Group of Companies Inc. (NYSE: IPG) and Kroger Co. (NYSE: KR) are two of the day's laggards, showing a lo...
Wednesday Sector Leaders: Energy, Technology & Communications
Forbes - 15 Apr 2015 20:34
Looking at the sectors faring best as of midday Wednesday, shares of Energy companies are outperforming other sectors, up 3.0%. Within that group, Transocean Ltd. (NYSE: RIG) and Noble Corp plc (NYSE: NE) are two large s...
BlackRock Still Looks Solid
Wall Street Journal - 15 Apr 2015 20:18
Ahead of the Tape: BlackRock has a lot of money to put where its mouth is amid an ETF surge.
Daily Dividend Report: SHW, EQT, O, UNM, NNN, EV, SPN, EDR
Forbes - 15 Apr 2015 20:04
The Sherwin-Williams Company (SHW) announced a regular quarterly dividend of $0.67 per common share, payable on May 29, 2015, to shareholders of record on May 15, 2015.
Capacity Expansions Will Continue To Drive Delta's Results Despite Weak Unit Revenue
Forbes - 15 Apr 2015 19:45
According to its traffic results for March, the airline reported a capacity increase of 5% for the quarter, in line with its guidance, while its passenger unit revenue (revenue per passenger flown per mile) declined by 1...
CSX Earnings: Profit Rises On Fuel Price Decline
Forbes - 15 Apr 2015 19:43
CSX's stock shot up 4% during after hours trading as investors reacted positively to the marginal earnings per share beat and the likelihood of Norfolk Southern's weak earnings expectations not being an industry-wide phe...
News Corp: HarperCollins And Amazon Ink A Multiyear Publishing Deal
Forbes - 15 Apr 2015 19:42
The new deal for print as well as digital titles will allow HarperCollins to set the retail prices for its e-books. This is a positive development for the publisher primarily due to the pricing power that it will have ov...
Morgan Stanley's Wealth Management Business: Past, Present And Future
Forbes - 15 Apr 2015 19:39
As investment banking operations should be unencumbered by these one-time charges over coming years, we expect margins to improve sharply over 2015-2016 before leveling out around 35% in the long run. Also, Morgan Stanle...
Weak Desktop Sales Impact Intel's Q1'15 Earnings, Data Center, IoT & NAND See Double Digit Growth
Forbes - 15 Apr 2015 19:38
In addition to lower PC shipments, the challenging macroeconomic conditions and an appreciating U.S. dollar weighed on Intel's business and important geographic markets. However, the company continued to see double-digit...
Adultery website Ashley Madison plans London IPO
Telegraph - 15 Apr 2015 19:29
Ashley Madison, the website for people seeking extra-marital affairs, wants to float in London because of Europe's relaxed approach to infidelity
Decline Expected for First Horizon National Earnings
Forbes - 15 Apr 2015 19:00
First Horizon National is expected to report lower first-quarter earnings on Friday, April 17, 2015. Analysts are expecting a 5% drop in earnings from a year ago. The consensus estimate is 18 cents per share, down from e...
Earnings for Comerica Expected to Fall
Forbes - 15 Apr 2015 19:00
Analysts expect decreased profit for Comerica when the company reports its first quarter results on Friday, April 17, 2015. Although Comerica reported profit of 73 cents a year ago, the consensus estimate calls for earni...
Earnings Increase Expected for Honeywell
Forbes - 15 Apr 2015 19:00
Optimism surrounds Honeywell, as it gets ready to report its first quarter results on Friday, April 17, 2015. Analysts are expecting the company to book a profit of $1.39 a share, up from $1.28 a year ago.Despite not cha...
Seagate Technology Profit Expected to Fall
Forbes - 15 Apr 2015 19:00
Despite an expected dip in profit, analysts are generally optimistic about Seagate Technology as it prepares to reports its third-quarter earnings on Friday, April 17, 2015. The consensus earnings per share estimate is $...
General Electric Profit Expected to Fall
Forbes - 15 Apr 2015 19:00
Despite an expected dip in profit, analysts are generally optimistic about General Electric as it prepares to reports its first-quarter earnings on Friday, April 17, 2015. The consensus earnings per share estimate is 29 ...
Reynolds American Earnings Expected to Rise
Forbes - 15 Apr 2015 19:00
Analysts expect higher profit for Reynolds American when the company reports its first quarter results on Friday, April 17, 2015. The consensus estimate is calling for profit of 79 cents a share, reflecting a rise from 7...