Market News
Hero MotoCorp shares fall over 4% after earnings
livemint.com - 8 May 2015 06:52
The stock touched a low of Rs2,256, the lowest level since 30 May 2014
This Time It's Different for Investors? No---and Yes
Wall Street Journal - 8 May 2015 16:44
The lessons to be learned from 'the four most dangerous words' in investing.
Oil prices steady after sharp fall, China's imports surge
livemint.com - 8 May 2015 06:26
Benchmark Brent crude was at $65.60 per barrel, up 6 cents, while US crude was 10 cents lower at $58.84
US Economy 2015: 2 Takeaways From The Latest Jobs Report
IBTimes - 8 May 2015 22:19
With the jobs created in April, the U.S. economy is at its lowest unemployment level since 2008. Not only is the jobless rate falling, the number of Americans who are underemployed is shrinking, too. U.S. employment rose...
Dow Jones Industrial Average Soars 260 Points As Visa Inc (V) Shares Hit All-Time High
IBTimes - 8 May 2015 22:16
U.S. stocks closed sharply higher Friday, with the Dow Jones Industrial Average surging 260 points, after the U.S. economy was shown to post strong job growth in April. All three major indexes rallied Friday, led by gain...
Weekly Market Wrap: May 8, 2015
Forbes - 8 May 2015 21:53
The eighteenth full trading week of 2015 comes to a close with the Dow Jones, S&P 500 and NASDAQ composite all higher.
Syngenta Can Reap More from Monsanto
Wall Street Journal - 8 May 2015 21:10
There is underlying logic to Monsanto's takeover offer to Syngenta. But the Swiss company also has some reason to think it should get a higher price.
Low volume forces Ace Commodity Exchange to suspend launch of new contracts
livemint.com - 8 May 2015 21:05
Ace Derivatives and Commodity Exchange will let all existing contracts expire on 29 May
Judge Denies Small Banks' Effort to Block Part of Target Settlement
Wall Street Journal - 8 May 2015 20:57
A judge denied a request from small banks and credit unions to block part of Target's $19 million settlement with MasterCard over its 2013 data breach.
Friday Sector Laggards: Utilities, Consumer Products
Forbes - 8 May 2015 20:52
The worst performing sector as of midday Friday is the Utilities sector, higher by 0.5%. Within that group, Pepco Holdings Inc. (NYSE: POM) and SCANA Corp (NYSE: SCG) are two large stocks that are lagging, showing a loss...
As Alibaba Pumps Brakes On Growth, Investors Are Hungry For More
Forbes - 8 May 2015 20:20
Look past the hiring freeze and the 49% drop in quarterly profit. Alibaba is going places, and fast.
Nvidia's Q1'16 Earnings Review: Company Confident Of Renewed Growth Momentum In 2H Of Fiscal 2016
Forbes - 8 May 2015 20:02
Despite the weak Q2 2016 guidance, Nvidia is hopeful that things will turn around in the second half of fiscal 2016. The company claims that the overall dynamics of its business remain intact and strong. Its strategy of ...
Bojangles' Soars in Market Debut
Wall Street Journal - 8 May 2015 20:01
Shares of Bojangles' Inc. soared as much as 47% in their market debut Friday as investors piled into the North Carolina-based chicken chain.
Here Are The Key Triggers For eBay's Stock
Forbes - 8 May 2015 19:59
While our $60.39 price estimate for eBay's stock represents near-5% premium to the market, we think there are certain probable scenarios that can impact the stock considerably over the coming years, assuming the market p...
Anadarko Petroleum: Oil Price Recovery And Efficiency Gains To Drive Higher Returns
Forbes - 8 May 2015 19:57
Although the company's sales volume growth was quite impressive, with volumes from its key growth asset - the Wattenberg field - growing by around 85 thousand barrels of oil equivalent per day year-on-year, lower commodi...
Strong U.S. Retirement Growth Lifts Prudential's Q1 Results
Forbes - 8 May 2015 19:56
Prudential Financial reported strong earnings for the first quarter of 2015, posting net income of $2.1 billion compared to $1.3 billion a year ago. After-tax adjusted operating income, a non-GAAP metric used to measure ...
Alibaba's Stock Surges On Strong Earnings Growth
Forbes - 8 May 2015 19:55
Going forward, we remain bullish on the long-term growth potential of Alibaba. We expect the company's GMV to continue to rise sharply over our forecast period, due to the immense runaway ahead in the Chinese e-commerce ...
Jury Rules for Deloitte Over Insurance-Company Failures
Wall Street Journal - 8 May 2015 19:44
A jury has ruled that Deloitte & Touche LLP isn't liable in Florida's biggest-ever insurance-company collapse.
Jobs Vie With Growth for Fed's Attention
Wall Street Journal - 8 May 2015 19:40
Jobs and economic growth aren't traveling the same route. That makes it tougher for the Fed to pick a clear rates path.
Daily Dividend Report: LYB, MAR, NVDA, UPS, ITW, ECL, ADM, DOV
Forbes - 8 May 2015 19:38
LyondellBasell (LYB) has authorized the company's Management Board to declare an interim dividend of $0.78 per share, representing an 11% increase from the company's first quarter 2015 dividend. The interim dividend will...
Friday's ETF with Unusual Volume: HAP
Forbes - 8 May 2015 19:22
The Natural Resources ETF (HAP) is seeing unusually high volume in afternoon trading Friday, with over 104,000 shares traded versus three month average volume of about 30,000. Shares of HAP were up about 2.1% on the day.
Friday's ETF Movers: XBI, FM
Forbes - 8 May 2015 19:08
In trading on Friday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 3.5% on the day. Components of that ETF showing particular strength include shares of Alder Biopharmaceuticals (ALDR), up about 1...