Market News
KFC, Pizza Hut Still Faring Poorly In China But Not As Poorly
Forbes - 21 Apr 2015 22:46
Yum! Brands, the parent company of Taco Bell, KFC and Pizza Hut, is still being scorned in China.
Clarity on LPG subsidy-sharing, but what about kerosene?
livemint.com - 21 Apr 2015 16:48
The quantum of losses arising from selling kerosene below cost that upstream companies will bear is still unclear
China's stock market is now so big its computers can't handle all the numbers
Telegraph - 21 Apr 2015 01:44
Shanghai Stock Exchange's trading turnover exceeds 1 trillion yuan but software wasn't designed to report numbers that high
Schlumberger Is Like Hamburger, Until I See $120
Forbes - 21 Apr 2015 22:41
Excepting some odd lot traders, almost everyone pronounces Schlumberger correctly, using the soft “g.” Whenever oil futures crash, however, I revert crossly to the hard “g.” Schlumberger becomes just another cycl...
A Cooling Burrito Market? Chipotle Sales Slow And Revenue Misses Targets
Forbes - 21 Apr 2015 22:39
Burrito behemoth Chipotle has built its success on fresh ingredients and a reputation for being a healthier alternative to other fast (or fast-casual) food. But as health-conscious consumers have learned that Chipotle is...
Dow Jones Industrial Average Tumbles Nearly 100 Points; Nasdaq Composite Rallies Above 5,000 As Mylan NV (MYL) Shares Soar 8%
IBTimes - 21 Apr 2015 22:19
U.S. stocks closed mostly lower Tuesday, with the Dow Jones Industrial Average briefly dropping more than 100 points in afternoon trading, as shares of DuPont Co. (NYSE:DD) fell nearly 3 percent after the chemical compan...
Half a Bubble Off Dead Center
Forbes - 21 Apr 2015 21:59
Below is the April 20th Thoughts from the Frontline, republished in full.
What happened during the Flash Crash?
Telegraph - 21 Apr 2015 21:52
A UK citizen has been arrested after allegedly sparking a stock market collapse that wiped billions off some of the world's biggest companies. Here is what happened on Thursday May 6, 2010
The Rich Are Still Getting Richer! (富...愈富)
Forbes - 21 Apr 2015 21:51
2014 was an off year for many Forbes billionaires’ stocks. As a group, our Index of 575 publicly traded Forbes Billionaires--those on the list who created or inherited a preponderance of their wealth from a publicly ...
Tuesday Sector Leaders: Healthcare, Services
Forbes - 21 Apr 2015 20:38
In afternoon trading on Tuesday, Healthcare stocks are the best performing sector, higher by 0.6%. Within the sector, Mylan NV (NASD: MYL) and Vertex Pharmaceuticals, Inc. (NASD: VRTX) are two large stocks leading the wa...
Tuesday Sector Laggards: Energy, Utilities
Forbes - 21 Apr 2015 20:37
The worst performing sector as of midday Tuesday is the Energy sector, showing a 2.1% loss. Within the sector, Transocean Ltd. (NYSE: RIG) and Chesapeake Energy Corp. (NYSE: CHK) are two of the day's laggards, showing a ...
JPMorgan Chase Popular Amongst Latest 13F Filers
Forbes - 21 Apr 2015 20:27
At Holdings Channel, we have reviewed the latest batch of the 22 most recent 13F filings for the 03/31/2015 reporting period, and noticed that JPMorgan Chase & Co (NYSE: JPM) was held by 12 of these funds. When hedge fun...
Suspected 'Flash Crash' Trader Arrested In UK On Charges Of High-Frequency Securities Manipulations
IBTimes - 21 Apr 2015 20:22
The U.S. Justice Department has unsealed charges against a futures trader for stock market manipulations that allegedly caused the 2010 "Flash Crash," a historic market swing that brought national attention to high-frequ...
US stocks mixed, euro rises against dollar
livemint.com - 21 Apr 2015 20:02
Stocks on European and world markets moved higher, boosted by strong corporate earnings
eBay Earning Preview: Expecting Marketplaces Segment To Under-Perform
Forbes - 21 Apr 2015 19:44
We expect its payments division PayPal to carry earnings during the quarter as the marketplaces segment is likely to show sub-par growth. We believe the latter will continue to be impacted by headwinds such as last year'...
EMC Earnings Preview: Information Infrastructure Revenues Could Remain Subdued
Forbes - 21 Apr 2015 19:42
Despite a slow year for information storage and EMC's core businesses, the company has a positive outlook for the coming quarters. Management expects net revenues to rise by 7% y-o-y to over $26 billion in 2015 despite a...
Earnings Preview: Commercial Airplane Deliveries to Lift Boeing's Revenues and Profits
Forbes - 21 Apr 2015 19:40
In Q1 2015, we expect the company to post higher earnings as its commercial airplane deliveries continued to grow. Boeing delivered 184 commercial airplanes in Q1 2015, an impressive 14% rise in deliveries on a year-over...
Coca-Cola Pre-Earnings: Little To No Growth In Top Line As Coca-Cola Enters Its Transitional Year
Forbes - 21 Apr 2015 19:38
Analysts estimate Coca-Cola's top line to remain flat compared to $10.58 billion in Q1 last year, and a slight decline in earnings per share. Two main reasons why the operational results might reflect weakness this quart...
McDonald's Earnings Preview: No Respite For The Burger Giant
Forbes - 21 Apr 2015 19:37
The Golden Arches witnessed one of the tough periods in fiscal 2014 with net revenues declining roughly 2% year-over-year (y-o-y). The company struggled in all its geographical segments, facing financial and operational ...
AT&T Earnings Preview: Rising "Next" Adoption, U-verse Subscriber Adds To Drive Top Line
Forbes - 21 Apr 2015 19:36
Reiterating its earlier guidance of improving postpaid subscriber adds and expanding margins in the full year, the company had stated that it expected net postpaid subscriber adds to be in the 400,000 range in the first ...
Building A Closer U.S.-India Economic Partnership
Forbes - 21 Apr 2015 19:19
President Obama made history earlier this year by becoming the first U.S. president to visit India twice while still in office. The trip, which came on the heels of Indian Prime Minister Narendra Modi’s visit to the U...
Tuesday's ETF with Unusual Volume: VSS
Forbes - 21 Apr 2015 19:13
The Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) is seeing unusually high volume in afternoon trading Tuesday, with over 508,000 shares traded versus three month average volume of about 146,000. Shares of VSS were u...