Market News
Deutsche Bank CEOs Face Pressure After Rebuke
Wall Street Journal - 22 May 2015 17:29
After a stinging rebuke from shareholders at Thursday's annual meeting, Deutsche Bank co-chief executives Anshu Jain and Jürgen Fitschen must quickly present details on their strategy for turning the bank around.
Fed Proposes Relaxing Rules Affecting Municipal Bonds
Wall Street Journal - 22 May 2015 04:21
Large U.S. banks will be able use some municipal bonds to meet new postcrisis rules aimed at ensuring they have enough cash during a financial-market meltdown under relaxed rules proposed by the Fed.
Jury Sides With High-Speed Trading Firm
Wall Street Journal - 22 May 2015 02:32
A Houston-based high-frequency trading firm won a six-year civil lawsuit against a former employee and a businessman it accused of stealing code.
The 5 Most Controversial Trades Of 2015 From Ackman To Gross And Gundlach
Forbes - 22 May 2015 23:10
From big bond bets to a new breed of stocks that draw in value investors and short sellers alike, a play on commodity prices and a bet on the government's exit from the U.S. mortgage market, here are the five most contro...
Akorn Moves Up In Market Cap Rank, Passing Discovery Communications
Forbes - 22 May 2015 22:38
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Akorn Inc (NASD: AKRX) was identified as having a larger market cap than the smaller end of the S&P 500, for example Discovery...
Dow Jones Industrial Average Closes Lower, Goldman Sachs Group Inc (GS) Jumps 1.5% After Janet Yellen Speech
IBTimes - 22 May 2015 22:37
U.S. stocks struggled to hold on to gains Friday and closed lower as investors analyzed statements from Federal Reserve Chair Janet Yellen on the state of the U.S. economy ahead of the long Memorial Day weekend. Yellen s...
Applied Materials Takes Over #200 Spot From Southwest Airlines
Forbes - 22 May 2015 22:36
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Applied Materials, Inc. (NASD: AMAT) has taken over the #200 spot from Southwest Airlines Co (NYSE: LUV), according...
Why Peltz Didn't Have Icahn's Apple Touch
Wall Street Journal - 22 May 2015 22:18
Nelson Peltz's failure to win a board seat at DuPont might have had something to do with the incentives of passive investors.
Are We Close To The Next Stock Market Collapse?
Forbes - 22 May 2015 22:14
Famed investor Warren Buffett understands the difference between an overvalued stock market and one which is undervalued. Using his favorite stock valuation ratio, we'll examine today's market and reveal if stocks are ov...
Weekly Market Wrap: May 22, 2015
Forbes - 22 May 2015 21:32
The twentieth full trading week of 2015 comes to a close with the Dow Jones, S&P 500 and NASDAQ composite all relatively flat on the day in late afternoon trading.
Janet Yellen Speech: 3 Takeaways From Federal Reserve Chair's Speech On The US Economy In 2015
IBTimes - 22 May 2015 20:49
Economy watchers received key clues Friday as to the timing of the U.S. central bank's next interest rate hike. U.S. Federal Reserve Chair Janet Yellen spoke about the state of the U.S. economy at the Greater Providence ...
Q4 results: Slowdown gets the better of ITC
livemint.com - 22 May 2015 20:48
The cumulative impact of rising duties has affected cigarette sales volumes, and FY16 is expected to see this continue
FMC rejects MCX plan to appoint Venkataramani as MD & CEO
livemint.com - 22 May 2015 20:37
The board of MCX had approved the appointment as the head of exchange, subject to FMC's approval, on 13 February
Yellen: Fed on Track to Raise Rates This Year
Wall Street Journal - 22 May 2015 20:09
Federal Reserve Chairwoman Janet Yellen said the central bank is on track to raise interest rates this year but will likely proceed cautiously.
Trina Solar Beats Expectations On Strong Shipments And Margins
Forbes - 22 May 2015 20:08
Quarterly revenues came in at $558 million, up by 25.5% year-over-year, driven by stronger panel shipments, although they fell by 20.8% on a sequential basis due to seasonally lower sales in China. Gross margins improved...
China Telecom Racing Ahead Of China Unicom In Adding 4G Subscribers
Forbes - 22 May 2015 20:07
Compared to a dismal tally of 691,000 high speed (3G and 4G) subscriber adds by Unicom in April, China Telecom added 2.32 million 3G-4G users, its best monthly performance in 17 months. Since the start of the year, the t...
10% Upside If J&J Is Even Partially Successful In Its R&D Plan
Forbes - 22 May 2015 20:06
Positive data for pipeline drugs could lead to our forecasts being conservative. For instance, it remains to be seen how Zytiga?s label extension will help it compete against Xtandi. There are additional clinical data th...
Lower China Sales And Large Investments To Weigh On Tata Motors' Fiscal 2015 Results
Forbes - 22 May 2015 20:06
The Indian automaker?s stock price fell 5.3% after the announcement of its third quarter and nine-months ended results on February 5, and the stock is down 20% since. This is happening while the India passenger car busin...
Factors That Can Lead To A Significant Increase In TI's Valuation
Forbes - 22 May 2015 20:05
TI?s top line has grown at a CAGR of 7% in the last five years. However, muted growth in the company?s personal electronics business, completely driven by a steep decline in TI's PC circuits offering, and currency fluctu...
Notable Friday Option Activity: HPQ, DGX, DE
Forbes - 22 May 2015 19:50
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Hewlett-Packard Co (NYSE: HPQ), where a total volume of 116,263 contracts has been traded thus far today, a...
Friday 5/22 Insider Buying Report: WST, MAT
Forbes - 22 May 2015 19:47
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.
Daily Dividend Report: WMB, AMT, HD, CMCSA, MCD, EMC, HAL, PCP
Forbes - 22 May 2015 19:45
Williams (WMB) has approved a regular dividend of $0.59 on the company's common stock, payable June 29 to holders of record at the close of business June 12. The new amount is an increase of $0.165, or 39 percent, from t...