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Market News

Location American Market News for 12 June 2015
Five Reasons You Shouldn't Buy That Ancient Artifact Thinking of collecting ancient artifacts on your travels? This article will give you five good reasons to think twice.
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Mortgage Rates Top 4% in Test for Housing

Wall Street Journal - 12 Jun 2015 03:04
Mortgage rates vaulted above 4% for the first time this year, posing a challenge to the housing market's strengthening recovery.
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Looking for the Mysterious Mr. Nedev

Wall Street Journal - 12 Jun 2015 22:21
Nedko Nedev, the Bulgarian man alleged to be at the center of a bogus takeover attempt that drove up prices of Avon Products last month, appears to be as much a mystery at home as in the U.S.
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Stock-Picking: When to Ditch a Lagging Mutual Fund

Wall Street Journal - 12 Jun 2015 21:48
This year is looking up for actively managed funds--which raises some tough questions for investors in funds that are trailing their benchmark.
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Avoid Stock Market Impulse Shopping

Forbes - 12 Jun 2015 21:38
We are, without a doubt, the most highly trained consumers in the history of the world. Sure, people have been buying and selling for centuries, but how many cultures before us had it down to such a science? Stores line ...
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Five Dow Stocks With Rising Short Activity

Forbes - 12 Jun 2015 21:16
Five Dow Stocks With Rising Short Activity The most recent short interest data has just been released by the NASDAQ for the 05/29/2015 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five Dow Jones Indus...
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Five S&P 500 Stocks With Rising Short Activity The most recent short interest data has just been released by the NASDAQ for the 05/29/2015 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
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Weekly Market Wrap: June 12, 2015

Forbes - 12 Jun 2015 20:35
The twenty-third full trading week of 2015 comes to a close with the Dow Jones and S&P 500 down and the NASDAQ composite lower on the day, in late afternoon trading.
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Analyst Favorites With Strong Buyback Activity: Hess Corp Ranks As a Top Pick A study of analyst recommendations at the major brokerages shows that Hess Corp (NYSE: HES) is the #95 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make tha...
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Notable Friday Option Activity: AAPL, HOT, CSC Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Apple Inc (NASD: AAPL), where a total of 469,906 contracts have traded so far, representing approximately 47.0 milli...
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See How Urban Outfitters Ranks Among Analysts' Top Picks With Strong Buyback Activity A study of analyst recommendations at the major brokerages shows that Urban Outfitters, Inc. (NASD: URBN) is the #86 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activit...
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Ctrip is currently the cynosure of all eyes in the online travel domain. Priceline and Expedia are vying for its partnership, while its 40% stake in its major competitor, eLong, increases its clout in the aggressively co...
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Nvidia believes that the acquisition of TransGaming's technology will enrich its GameWorks effort. GameWorks represents Nvidia's investment in real-time graphics and simulation for games. Over 300 engineers work on a com...
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Is BlackBerry + Android A Good Idea?

Forbes - 12 Jun 2015 19:40
BlackBerry is contemplating using Google's Android operating system to power an upcoming smartphone, according to a report from Reuters, which cites sources familiar with the matter. The device is reported to combine a t...
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Coming under severe criticism in the recent past, Twitter has finally decided to change its top leadership - Dick Costolo will step down from the role of C.E.O and, Jack Dorsey, Co-­Founder and Chairman of the Board, wi...
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Sprint CEO Marcelo Claure believes the company's network performance will match or exceed rivals Verizon and AT&T within two years. However, the costly plan will put an even greater strain on the company's financial posi...
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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
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Abbott (ABT) declared a quarterly common dividend of 24 cents per share. The cash dividend is payable Aug. 15, 2015, to shareholders of record at the close of business on July 15, 2015.
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Friday's ETF with Unusual Volume: BSCG

Forbes - 12 Jun 2015 19:22
The Guggenheim BulletShares 2016 Corporate Bond ETF (BSCG) is seeing unusually high volume in afternoon trading Friday, with over 2.6 million shares traded versus three month average volume of about 146,000. Shares of BS...
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Friday's ETF Movers: FM, FBT

Forbes - 12 Jun 2015 19:21
In trading on Friday, the iShares MSCI Frontier 100 ETF (FM) is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of Petrobras Argentina (PZE), trading fl...
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In trading on Friday, metals & mining shares were relative laggards, down on the day by about 2%. Helping drag down the group were shares of Arch Coal (ACI), off about 8.1% and shares of Alpha Natural Resources (ANR) dow...
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In trading on Friday, education & training services shares were relative leaders, up on the day by about 1.5%. Leading the group were shares of ITT Educational Services (ESI), up about 23.4% and shares of ATA (ATAI) up a...
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