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Market News

Location American Market News for 28 April 2015

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.
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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.
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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.
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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...
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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...
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GoPro Revenue Surges 54% As It Gains Popularity Abroad GoPro's revenue skyrocketed by 54% in its first quarter, as the wearable camera maker benefited from increasing demand, particularly outside the U.S.
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Poultry Prices Burn Buffalo Wild Wings As Costs Crush Margins 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...
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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.
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Kraft's Stock Slides On Lackluster Sales

Forbes - 28 Apr 2015 22:43
Kraft's Stock Slides On Lackluster Sales 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.
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Twitter loses quarter of market value after poor results 'leaked' Social network forced to halt trading in its shares and release first-quarter results while stock markets are still open after they are published online
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Pockets Of Value Persist In Sectors As Energy Makes Overall Market Look Fat Cheapness is still evident when you break the market down into sectors and close your eyes to bloated valuations in the energy sector.
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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.
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Twitter Plummets After Halt As Earnings Sleuths Strike Again Twitter shares drop after data-mining firm reveals its earnings before planned release.
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As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
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Plan to extend market timings put on hold

livemint.com - 28 Apr 2015 21:04
Plan to extend market timings put on hold Sebi had proposed to keep exchange-traded currency derivatives open till 7.30pm
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AstraZeneca falls on diabetes worries

Telegraph - 28 Apr 2015 20:40
AstraZeneca falls on diabetes worries A rival drug from Merck does not increase risk of heart failure, which could dent the appeal of AstraZeneca's treatment
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First Quindell, now Gotham City goes after US web firm Endurance Short-seller that attacked Quindell has made allegations against Nasdaq-listed Endurance International, whose share price plummets
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Tuesday Sector Laggards: Consumer Products, Industrial 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:...
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Tuesday Sector Leaders: Technology & Communications, Utilities 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...
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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.
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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...
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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...
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