Market News
Getting A Piece Of Business Process Outsourcing
Forbes - 22 Jun 2015 23:27
The intersection of technology and globalization has changed the way business is done and created new business opportunities in the international marketplace.
Nasdaq Composite Closes At All-Time High, Dow Jones Industrial Average Rallies As Shares Of Goldman Sachs Group Inc (GS) Jump 1%
IBTimes - 22 Jun 2015 23:00
U.S. stocks rallied higher Monday with the Nasdaq composite closing at a record high, topping its previous all-time high set last Thursday. All 10 sectors in the S&P 500 ended higher, led by gains in the financial sector...
FleetCor Technologies Moves Up In Market Cap Rank, Passing Equinix
Forbes - 22 Jun 2015 22:43
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component FleetCor Technologies Inc (NYSE: FLT) was identified as having a larger market cap than the smaller end of the S&P 500, for ex...
Anthem Needs a New Tune for Cigna
Wall Street Journal - 22 Jun 2015 22:02
With the health-care industry in flux, Anthem must be careful not to overpay for Cigna.
Taylor Gives Apple a Swift Kick
Wall Street Journal - 22 Jun 2015 21:49
Apple may need big holdouts like Taylor Swift to support its streaming service, even though rival Spotify has managed without them.
China's Debt Play Uses Old Script
Wall Street Journal - 22 Jun 2015 21:42
China is bailing out indebted local governments, despite promises to allow market forces to play a greater role.
Two years on, NSEL investors seek to retrieve lost funds
livemint.com - 22 Jun 2015 21:22
Investors plan to seek assessment of attached assets, identification of unencumbered assets and notification in gazette
Citadel Makes Inroads Into Swaps Arena
Wall Street Journal - 22 Jun 2015 21:21
The hedge-fund firm is becoming one of the first nonbank firms to step into a breach created by postcrisis rules overhauling trading in interest-rate swaps.
Greece and Europe's Long Road to Reform
Wall Street Journal - 22 Jun 2015 21:04
Europe is sweating the details on Greece. But it is also indulging in big-picture thinking. The two issues are virtually inseparable.
From January 2008 till now, over 300 firms have shed 90% value
livemint.com - 22 Jun 2015 20:56
219 of them are mere penny stocks now, with the current price at `10 or less, after a much-hyped past
Why Trina Solar Is Building Manufacturing Capacity In India
Forbes - 22 Jun 2015 20:51
India is an ideal market for solar power given its high insolation levels, shortage of electricity, relatively high energy costs and growing concerns about greenhouse gas emissions. Solar installations are expected to gr...
Swiss Banks Likely To Continue Shoring Up Capital As SNB Proposes Higher Leverage Ratio Requirement
Forbes - 22 Jun 2015 20:50
Talks about the need for stricter leverage ratios for the Swiss banks are not new, as the SNB has been demanding a higher leverage ratio since June 2013. But with the Swiss government currently working on draft legislati...
Electronic Arts' Highlights At This Year's E3 Event
Forbes - 22 Jun 2015 20:49
Electronic Arts had their pre-event conference on 15th July, where the company presented demos, trailers, and details about its upcoming releases for this year. The games include: Mass Effect Andromeda, Need For Speed, S...
Could T-Mobile Ditch Dish Network For Comcast?
Forbes - 22 Jun 2015 20:48
Deutsche Telekom Chief executive Timotheus Höttges reportedly stated that he favors Comcast over Dish as a potential partner for T-Mobile. Further reports of Comcast engaging in talks with Deutsche Telekom regarding a p...
Monday Sector Laggards: Utilities, Materials
Forbes - 22 Jun 2015 20:32
In afternoon trading on Monday, Utilities stocks are the worst performing sector, showing a 0.1% loss. Within that group, Wisconsin Energy Corp. (NYSE: WEC) and Public Service Enterprise Group Inc. (NYSE: PEG) are two la...
Monday Sector Leaders: Energy, Financial
Forbes - 22 Jun 2015 20:31
The best performing sector as of midday Monday is the Energy sector, up 1.4%. Within that group, Williams Cos Inc (NYSE: WMB) and ONEOK Inc. (NYSE: OKE) are two of the day's stand-outs, showing a gain of 23.3% and 4.5%, ...
BlackBerry's Classic Moment, or Not
Wall Street Journal - 22 Jun 2015 20:20
BlackBerry needs to deliver on software and possibly ditch handsets once and for all to get Wall Street's approval.
Daily Dividend Report: WSM, STLD, WDR, ACU
Forbes - 22 Jun 2015 20:15
Williams-Sonoma (WSM) has declared a quarterly cash dividend of $0.35 per common share. The dividend is payable on August 26, 2015 to stockholders of record as of the close of business on July 24, 2015.
U.S. Banking Weekly Notes: JPMorgan, Goldman, Citigroup and State Street
Forbes - 22 Jun 2015 20:12
The week started on a poor note as Greece struggled to reach a deal with its creditors, as talks appeared to have stalled. To make things worse, a poor bond trading performance reported by Jefferies for the March-May qua...
Monday 6/22 Insider Buying Report: ACTA, UNT
Forbes - 22 Jun 2015 19:46
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 dollars to ...
Wall Street's Week Ahead: Dow Jones Industrial Average Leaps 100 Points, Nasdaq Composite Hits Record On Greek Bailout Hopes
IBTimes - 22 Jun 2015 19:43
U.S. stocks traded sharply higher Monday, with the Dow Jones Industrial Average soaring more than 100 points, as investors were cautiously optimistic Greece and its European creditors will reach a bailout deal this week,...
Monday's ETF with Unusual Volume: IHF
Forbes - 22 Jun 2015 19:42
The iShares U.S. Healthcare Providers ETF (IHF) is seeing unusually high volume in afternoon trading Monday, with over 300,000 shares traded versus three month average volume of about 96,000. Shares of IHF were up about ...