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Market News

Location American Market News for 23 April 2015
Procter & Gamble Hammered By The Strong Dollar Procter & Gamble said sales declined across all its major business segments in the third quarter as it took a hit from the strong dollar.
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Greenback Treads Water As Investors Await Word On Greece 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...
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The China Syndrome: Is China Headed For A Financial Meltdown? 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!
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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...
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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...
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Two Asset Allocation Rules You Need To Follow At Any Age 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...
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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 �...
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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...
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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...
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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...
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. 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...
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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...
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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 ...
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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...
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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...
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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...
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Nasdaq tops all-time high as US stocks rise on gains in energy Dow Jones up 0.29%, S&P 500 rises 0.29%, Nasdaq adds 0.27%
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When bad news is good news in China

livemint.com - 23 Apr 2015 19:10
When bad news is good news in China A classic example of bad news on the economy being interpreted as good news by the markets
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How MRF doubled profit despite flat sales

livemint.com - 23 Apr 2015 19:02
How MRF doubled profit despite flat sales 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
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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.
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By George Friedman
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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 ...
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