Market News
T-Mobile's Hot Pink Flower Power
Wall Street Journal - 28 Apr 2015 19:18
T-Mobile's growth sets it apart--as does its valuation discount to rivals.
Think New York Housing Is Expensive? Try Wollongong
Wall Street Journal - 28 Apr 2015 17:27
As house prices in Australia head ever higher, concern is growing about the amount of debt families are taking on.
Pricier Gadgets Help Apple Elbow Out Rivals
Wall Street Journal - 28 Apr 2015 05:12
Apple is pulling off a feat rarely seen in any industry, much less the cutthroat world of consumer electronics: gaining market share while also commanding higher prices.
Dow Jones Industrial Average Leaps 70 Points; Twitter Inc (TWTR) Stock Price Plunges 18% After Earnings Leak
IBTimes - 28 Apr 2015 23:34
U.S. stocks closed mostly higher Tuesday, with the Dow Jones Industrial Average rebounding after briefly tumbling more than 100 points in morning trading, as investors look ahead to a statement from the Federal Reserve o...
Jury Deliberations Appear to Break Down in Aleynikov Case
Wall Street Journal - 28 Apr 2015 23:34
The trial of Sergey Aleynikov took a turn for the bizarre Tuesday as jury deliberations appeared to break down, raising the prospect the protracted saga of the former Goldman Sachs Group Inc. programmer could be prolonge...
GoPro Revenue Surges 54% As It Gains Popularity Abroad
Forbes - 28 Apr 2015 23:31
GoPro's revenue skyrocketed by 54% in its first quarter, as the wearable camera maker benefited from increasing demand, particularly outside the U.S.
Poultry Prices Burn Buffalo Wild Wings As Costs Crush Margins
Forbes - 28 Apr 2015 23:06
Shares of Buffalo Wild Wings are tanking in Tuesday's after-hours trading session as investors treat the company's first quarter earnings results much as they would a plate of cold chicken wings. The stock is down more t...
Big Banks' Debt-Cost Conundrum
Wall Street Journal - 28 Apr 2015 22:58
A recent Federal Reserve working paper challenges the idea that markets expect the government to rescue the biggest banks. That looks like wishful thinking.
Kraft's Stock Slides On Lackluster Sales
Forbes - 28 Apr 2015 22:43
Kraft Foods, which hasĀ agreed to merge with Warren Buffet-backed Heinz, reported a decline in its first quarter profit on Tuesday as sales stalled and it accounted for rising costs.
Pockets Of Value Persist In Sectors As Energy Makes Overall Market Look Fat
Forbes - 28 Apr 2015 22:34
Cheapness is still evident when you break the market down into sectors and close your eyes to bloated valuations in the energy sector.
Merck's Revenue Doesn't Fit Its Stock
Wall Street Journal - 28 Apr 2015 22:05
Merck's results sent its shares higher, but revenue must grow to justify the stock's valuation.
Twitter Plummets After Halt As Earnings Sleuths Strike Again
Forbes - 28 Apr 2015 21:41
Twitter shares drop after data-mining firm reveals its earnings before planned release.
In Real-Estate Tech Firms, Europe Plays Catchup With U.S.
Wall Street Journal - 28 Apr 2015 21:29
Technology services are catching investors' eyes in Europe's real-estate market, but they will have to outmuscle U.S. companies to succeed.
Plan to extend market timings put on hold
livemint.com - 28 Apr 2015 21:04
Sebi had proposed to keep exchange-traded currency derivatives open till 7.30pm
Tuesday Sector Laggards: Consumer Products, Industrial
Forbes - 28 Apr 2015 20:35
Looking at the sectors faring worst as of midday Tuesday, shares of Consumer Products companies are underperforming other sectors, showing a 0.3% loss. Within that group, Coach, Inc. (NYSE: COH) and Whirlpool Corp (NYSE:...
Tuesday Sector Leaders: Technology & Communications, Utilities
Forbes - 28 Apr 2015 20:34
In afternoon trading on Tuesday, Technology & Communications stocks are the best performing sector, up 0.5%. Within the sector, AT&T Inc (NYSE: T) and SanDisk Corp. (NASD: SNDK) are two of the day's stand-outs, showing a...
Daily Dividend Report: AAPL, WFC, IBM, MET, STI, UTX, BA, NSC, EXC
Forbes - 28 Apr 2015 20:30
Apple approved an increase of 11 percent to the Company's quarterly dividend, and has declared a dividend of $.52 per share, payable on May 14, 2015 to shareholders of record as of the close of business on May 11, 2015.
Time Warner's Turner Networks And Studio Operations Will Drive Q1 Earnings
Forbes - 28 Apr 2015 19:44
Time Warner will report its Q1 2015 earnings on April 29th. CNN posted double-digit ratings growth in the first quarter while other Turner networks also saw ratings momentum with NCAA Tournament coverage. This should aid...
Vale's Q1 Preview: Higher Shipment Volumes To Partially Offset Impact Of Lower Iron Ore Prices
Forbes - 28 Apr 2015 19:42
Vale, the world's largest iron ore mining company, will announce its first quarter earnings results and conduct a conference call with analysts on Thursday, April 30. We expect lower iron ore prices in Q1 2015, as compar...
eBay's PayPal Carries Earnings In The First Quarter
Forbes - 28 Apr 2015 19:40
eBay posted 4% revenue growth to $4.5 billion in Q1 2015, which came in slightly ahead of market expectations. Excluding currency headwinds, the revenue growth was higher at 9%. This performance was driven by solid growt...
A Detailed Look At Deutsche Bank's New Reorganization Plan
Forbes - 28 Apr 2015 19:38
Deutsche Bank announced sweeping organization-wide changes aimed at cutting costs, improving profitability and ensuring a sustainable business model - putting an end to months of speculation about the future of the Germa...
Greater China, iPhone Drive Apple's Strong Q2 Numbers
Forbes - 28 Apr 2015 19:36
Apple posted a strong set of FY Q2 2015 numbers on April 27, beating market expectations on both earnings and revenues, driven by robust demand for the new iPhones and record sales in Greater China. Quarterly revenues gr...