Market News
Dow Jones Industrial Average Inches Toward Record As Cisco Systems Inc (CSCO) Adds 1%; S&P 500 Index Hits Record High
IBTimes - 15 May 2015 23:49
U.S. stocks closed mostly higher Friday, with the S&P 500 index setting a record for the second straight session. The Dow Jones Industrial Average came within 16 points of its record close, while the Nasdaq ended the ses...
Stock Prices: Is 'Quite High' Too High?
Wall Street Journal - 15 May 2015 23:17
Janet Yellen's comment about current prices adds to the debate about the market's valuation
5 Reasons Why US Real Estate Should Remain Buoyant
Forbes - 15 May 2015 16:37
Both macro economic and structural drivers support continued growth of the US real estate market. However, investors have to become selective about which specific real estate opportunities are the winning one.
U.K. Office Looking Into Fishy Avon Bid
Wall Street Journal - 15 May 2015 21:19
U.K. officials are looking at a potentially bogus takeover bid for Avon Products Inc., as the U.S. filing about the offer said the bidder was registered in the British Indian Ocean Territory.
Harboring Doubts on Bank Home Loan Rules
Wall Street Journal - 15 May 2015 20:57
The Senate Banking Committee is considering legislation that would loosen rules for qualified mortgages banks hold on their books. That could make those mortgages illiquid and add risk to bank balance sheets.
Friday Sector Leaders: Utilities, Services
Forbes - 15 May 2015 20:45
In afternoon trading on Friday, Utilities stocks are the best performing sector, higher by 1.6%. Within that group, Pepco Holdings Inc. (NYSE: POM) and Exelon Corp. (NYSE: EXC) are two large stocks leading the way, showi...
Friday Sector Laggards: Financial, Technology & Communications
Forbes - 15 May 2015 20:44
In afternoon trading on Friday, Financial stocks are the worst performing sector, showing a 0.5% loss. Within that group, Navient Corp (NASD: NAVI) and The Charles Schwab Corporation (NYSE: SCHW) are two of the day's lag...
Dow Jones Industrial Average Dips; Netflix Inc (NFLX) Shares Jump 5%
IBTimes - 15 May 2015 20:39
U.S. stocks dipped slightly in afternoon trading Friday, a day after the S&P 500 index surged to a record high. Although technology and financial sectors led Friday's declines, Netflix, Inc. (NASDAQ:NFLX) shares gained a...
Racing driver survives amazing aerial crash
CNN - 15 May 2015 20:26
Helio Castroneves can laugh it off now, but the three-time Indy 500 champion feared the worse when his race car lifted off the track at top speed and performed a spectacular aerial somersault.
Warren Buffett Galore: The Top 10 Wannabe Berkshire Hathaways
Forbes - 15 May 2015 20:11
There are well over a dozen Berkshire-like stocks that trade on public stock markets every day, often with little fanfare. These 'wannabe Buffetts' span markets as far flung as cable and media, hotels, hamburgers and ene...
Noteworthy Friday Option Activity: GMCR, AMZN, JWN
Forbes - 15 May 2015 20:03
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Keurig Green Mountain Inc (NASD: GMCR), where a total of 41,566 contracts have traded so far, representing approxima...
Weekly Market Wrap: May 15, 2015
Forbes - 15 May 2015 20:00
The nineteenth full trading week of 2015 comes to a close with the Dow Jones, S&P 500 and NASDAQ composite all slightly lower in early afternoon trading.
Exor Offer No Slam Dunk for PartnerRe Investors
Wall Street Journal - 15 May 2015 14:11
The Agnelli family vehicle Exor offers more cash today, but shareholders might still choose longer-term promise.
A Lower-Risk Strategy for Muni Bonds
Wall Street Journal - 15 May 2015 23:15
Funds that hold shorter-term municipal bonds should suffer less when interest rates climb.
Why the Economy, and the Fed, Keeps Getting Knocked Off Track
Wall Street Journal - 15 May 2015 21:29
The peril of a slow-growing economy is that even small disturbances can knock it off stride, a reality now bedeviling the U.S. and policy makers.
Should Hollywood Studios Sustain Or Disrupt? The Answer Is Yes To Both
Forbes - 15 May 2015 20:17
In this article I describe how studios and firms in other industries successfully strategize and act on the digital revolution.
VXUS, DXJF: Big ETF Inflows
Forbes - 15 May 2015 19:56
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Vanguard Total International Stock ETF (VXUS), which added 14,896,569 units, or a 20.7% ...
NUGT, ILTB: Big ETF Outflows
Forbes - 15 May 2015 19:55
Symbols: NUGT,ILTB,GDX
Dow Movers: CAT, CSCO
Forbes - 15 May 2015 19:51
In early trading on Friday, shares of Cisco Systems (CSCO) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.4%. Year to date, Cisco Systems registers a 5.9% gain.
Friday Sector Leaders: Entertainment, General Contractors & Builders
Forbes - 15 May 2015 19:49
In trading on Friday, entertainment shares were relative leaders, up on the day by about 1%. Leading the group were shares of Bona Film Group (BONA), up about 9.2% and shares of Netflix (NFLX) up about 4.8% on the day.
Friday Sector Laggards: Music & Electronics Stores, Banking & Savings
Forbes - 15 May 2015 19:48
In trading on Friday, music & electronics stores shares were relative laggards, down on the day by about 2.3%. Helping drag down the group were shares of hhgregg (HGG), off about 10.2% and shares of Voxx International (V...
Friday's ETF Movers: GDXJ, KRE
Forbes - 15 May 2015 19:47
In trading on Friday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Gabriel Resources (GBU.CA), up about 6.4...