Market News
Procter & Gamble Hammered By The Strong Dollar
Forbes - 23 Apr 2015 15:01
Procter & Gamble said sales declined across all its major business segments in the third quarter as it took a hit from the strong dollar.
Greenback Treads Water As Investors Await Word On Greece
Forbes - 23 Apr 2015 14:46
The U.S. dollar gained marginally against a basket of currencies on Thursday as investors await initial jobless claims and new home sales data stateside. The real focus for currency traders at the moment, however, is the...
The China Syndrome: Is China Headed For A Financial Meltdown?
Forbes - 23 Apr 2015 23:54
China has experienced annual GDP over 6.0% for two decades. What's been fueling its economic growth? Is China headed for a fall? Learn more in this article!
Nasdaq Composite Closes At All-Time High Not Seen Since Dotcom Bubble In 2000
IBTimes - 23 Apr 2015 22:10
The Nasdaq composite closed at an all-time high Thursday, breaking a previous record set more than 15 years ago during the infamous dot-com bubble. The index gained 20.89 points, or 0.41 percent, to finish at 5,056.06, t...
Alleged 'Flash Crash' Trader Used Only 'My Hand And A Mouse'
IBTimes - 23 Apr 2015 21:17
As questions continue to mount around the futures trader who financial regulators say helped spark one of the most dizzying market crashes in recent memory, documents have emerged in which the 36-year-old Londoner paints...
Two Asset Allocation Rules You Need To Follow At Any Age
Forbes - 23 Apr 2015 20:39
All investors are still holding too much cash, especially millennials. Here?s a look at why one allocation rule of thumb ? like the adage to hold ?100 ? Your Age? in stocks ? does not fit all investors. But two rules jus...
US 'Flash Crash': Spoofing Wall Street, Phantom Orders And Other Market Abuses
Forbes - 23 Apr 2015 20:17
Insider trading and fraud in financial markets can never be fully eradicated, as highlighted only too well by the multi-billion rogue trading cases involving Jérôme Kerviel, who lost French bank Société Générale �...
Daily Dividend Report: JNJ, AMP, COL, NDAQ, TWX, LMT, PH, SCHW
Forbes - 23 Apr 2015 19:45
Johnson & Johnson (JNJ) has declared a 7.1% increase in the quarterly dividend rate, from $0.70 per share to $0.75 per share. The next quarterly dividend is payable on June 9, 2015 to shareholders of record as of the...
Earnings Review: Under Armour Continues Its Strong Growth Story With Another Big Quarter
Forbes - 23 Apr 2015 19:44
The company maintained its solid growth momentum as it reached a 20th consecutive quarter of an over 20% increase in its top line. We believe the company will continue to show strong growth in the future as consumers con...
Broadcom Reports A Strong Start To Fiscal 2015: Q1'15 Earnings Review
Forbes - 23 Apr 2015 19:40
Excluding the baseband revenue (Broadcom exited this business in Q2 2014), Broadcom?s reportable segment revenue and operating profit grew 11% and 23% year-over-year, respectively. At $0.64, the company?s non-GAAP EPS in...
Coca-Cola Beats Consensus Estimates; Delivers Strong Growth In Q1
Forbes - 23 Apr 2015 19:38
. For the first time in nine quarters, net revenues grew for Coca-Cola, rising by 1% on a 1% rise in global unit case volumes. As expected, as Coca-Cola is highly exposed to the risk of depreciation of foreign currencies...
Yahoo Earnings: Monetization Continues To Elude The Company Even As Focus Shifts To Mobile
Forbes - 23 Apr 2015 19:36
Revenues excluding TAC missed company's guidance and declined by 4% to $1.04 billion, indicating that the company made little headway in its core business. Furthermore, the non-GAAP operating income declined by 47% to $8...
Qualcomm Reports a Strong Q2'15 Marked By A Record Performance in QTL
Forbes - 23 Apr 2015 19:35
Qualcomm is confident that its long-term outlook remains robust and the smartphone opportunity remains a strong positive for the company, as it continues to forecast a healthy global demand in the near-term and over the ...
Thursday's ETF Movers: OIH, ITB
Forbes - 23 Apr 2015 19:31
In trading on Thursday, the Oil Services ETF (OIH) is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of Core Laboratories (CLB), up about 8.7% and shar...
Thursday Sector Laggards: General Contractors & Builders, Vehicle Manufacturers
Forbes - 23 Apr 2015 19:29
In trading on Thursday, general contractors & builders shares were relative laggards, down on the day by about 2.8%. Helping drag down the group were shares of PulteGroup (PHM), down about 7.7% and shares of Standard Pac...
Thursday Sector Leaders: Oil & Gas E&P, Non-Precious Metals & Non-Metallic Mining Stocks
Forbes - 23 Apr 2015 19:27
In trading on Thursday, oil & gas exploration & production shares were relative leaders, up on the day by about 2.2%. Leading the group were shares of Goodrich Petroleum (GDP), up about 7.3% and shares of Energy XXI (EXX...
Nasdaq tops all-time high as US stocks rise on gains in energy
livemint.com - 23 Apr 2015 19:18
Dow Jones up 0.29%, S&P 500 rises 0.29%, Nasdaq adds 0.27%
When bad news is good news in China
livemint.com - 23 Apr 2015 19:10
A classic example of bad news on the economy being interpreted as good news by the markets
How MRF doubled profit despite flat sales
livemint.com - 23 Apr 2015 19:02
The huge jump in profit was largely due to a sharp drop in natural rubber prices, which have been falling in the past year on the back of excessive supply
S&P 500 Analyst Moves: NEE
Forbes - 23 Apr 2015 18:59
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, NextEra Energy (NEE) is now the #25 analyst pick, moving up by 12 spots.
The 'Grexit' Issue and the Problem of Free Trade
Forbes - 23 Apr 2015 18:03
By George Friedman
Dow Jones Industrial Average Drops As 3M Co (MMM) Stock Price Tumbles 3.5% On Weak Q1 Earnings
IBTimes - 23 Apr 2015 17:52
U.S. stocks traded lower Thursday, with investors weighing mixed corporate earnings results from 3M Co., General Motors Company and Caterpillar Inc., as a strong U.S. dollar continues to drag on corporate profits during ...