Market News
Dick Fuld, Former CEO Of Failed Bank Lehman Brothers, Speaks Publicly For First Time Since Financial Crisis
IBTimes - 28 May 2015 20:42
Richard Fuld, former CEO of Lehman Brothers, sounded at turns defensive and contemplative in his first public comments since his bank folded in 2008, helping to set off the financial crisis. "I thought it was time," said...
Nifty May futures rollover below average before expiry
livemint.com - 28 May 2015 13:03
Investors rolled over 63% of May Nifty futures contracts with securities expiring in future months as of 4.11pm
Decline Expected for Ship Finance International Earnings
Forbes - 28 May 2015 00:00
Analysts are looking for decreased profit for Ship Finance International when the company reports its results for the first quarter on Friday, May 29, 2015. Ship Finance International reported profit of 34 cents a year a...
J.P. Morgan Set to Lay Off 5,000
Wall Street Journal - 28 May 2015 22:29
J.P. Morgan has begun layoffs that are expected to total more than 5,000 by next year, eliminating at least 2% of the bank's workforce.
Crosscurrents From the Windy City
Wall Street Journal - 28 May 2015 22:27
Ahead of the Tape: The Chicago Business Barometer gave what seems like a false recession alarm this winter. The question is why.
China's Tech Firms Aim to Stay Home
Wall Street Journal - 28 May 2015 22:26
China's stock market and more favorable domestic regulations are driving tech firms to plan to list shares in China instead of the U.S.
Google Unveils Apple Pay Rival
Wall Street Journal - 28 May 2015 22:18
Google revised its mobile-payment service with new partners, stepping up competition with Apple in an area with big promise and multiple challenges.
Avago Dives Deep With Broadcom
Wall Street Journal - 28 May 2015 21:22
Avago's purchase of Broadcom comes with a hefty price tag. But the chip maker has shown it can make deal-making work.
Govt's commitment to fiscal austerity is a big positive: Samir Arora of Helios Capital
livemint.com - 28 May 2015 21:03
The only real negative in the past year has been the successive tax issues that have come up again and again in different shapes and sizes, and the government's reluctance to deal with them in one go, says Samir Arora
Funds Added To Citrix Systems Positions
Forbes - 28 May 2015 20:56
At Holdings Channel, we have reviewed 3,992 13F filings for the 03/31/2015 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...
JPMorgan Chase & Co. (JPM) To Cut More Than 5,000 Workers By End Of 2016: Report
IBTimes - 28 May 2015 20:36
JPMorgan Chase & Co. (NYSE:JPM) is starting to lay off more than 5,000 employees in a $1.4 billion cost-cutting measure to be completed by the end of 2016, the Wall Street Journal reported Thursday, citing people familia...
Thursday Sector Laggards: Energy, Industrial
Forbes - 28 May 2015 20:34
Looking at the sectors faring worst as of midday Thursday, shares of Energy companies are underperforming other sectors, showing a 1.4% loss. Within that group, Chesapeake Energy Corp. (NYSE: CHK) and Southwestern Energy...
Thursday Sector Leaders: Utilities, Consumer Products
Forbes - 28 May 2015 20:33
The best performing sector as of midday Thursday is the Utilities sector, up 0.3%. Within that group, NextEra Energy Inc (NYSE: NEE) and AGL Resources Inc. (NYSE: GAS) are two of the day's stand-outs, showing a gain of 1...
Insights from Monthly Charts
Forbes - 28 May 2015 20:18
The high level of bearish sentiment and the high daily reading of the ARMS Index set the stage for Wednesday?s impressive rebound. The A/D ratios improved all day to close 3-1 positive. In the latest survey from AAII, th...
Teck's Cuts Won't Fire Up Coal Prices
Wall Street Journal - 28 May 2015 19:52
Teck's temporary shutdowns are an important step in stabilizing coking coal prices--but aren't enough.
Nokia Networks Buys Eden Rock To Boost SON Capabilities
Forbes - 28 May 2015 19:48
Nokia stated in its press release that Eden Rock?s SON solution, Eden-NET, is ?highly complementary? with its own SON capabilities and should help it improve efficiency of its mobile broadband network offerings. SON is l...
Can Anheuser Achieve More Growth In The U.S.?
Forbes - 28 May 2015 19:46
The problem for Anheuser in the U.S. is not only that the beer market is relatively mature, but also that its volumes are declining at a faster rate than the overall industry. The brewer has a massive 46.4% market share ...
Daily Dividend Report: HPQ, TIF, MCK, DG, BDC, DRH
Forbes - 28 May 2015 19:46
HP (HPQ) has declared a regular cash dividend of $0.176 per share on the company's common stock. The dividend, the third in HP's fiscal year 2015, is payable on July 1, 2015, to stockholders of record as of the close of ...
Taking Stock Of How Much Banks Have Paid For Settling Forex Manipulation Charges
Forbes - 28 May 2015 19:45
The first round of settlement talks featured five banks ? UBS, JPMorgan, RBS, Citigroup and HSBC ? and concluded last November after a series of investigations by the U.S. Commodity Futures Trading Commission, the Britis...
Soda Makers Wonder: Where Could Growth In U.S. Come From?
Forbes - 28 May 2015 19:43
Coca-Cola and PepsiCo derive a considerable chunk of their sales from international markets, but the domestic market still contributes approximately half of their respective sales. Especially now, when most foreign curre...
These Scenarios Could Impact Facebook's Stock
Forbes - 28 May 2015 19:42
Though our $87.83 price estimate for Facebook?s stock, represents near-10% premium to the market, we believe there are certain plausible scenarios that could move the stock considerably over the coming years, assuming th...
Apple: Too Big To Grow?
Forbes - 28 May 2015 19:41
The enormous valuation is certainly not without reason: Apple's high-margin flagship product, the iPhone, has been seeing unprecedented demand, allowing for solid sales and earnings growth. Apple's track record of execut...