Market News
Delhaize May Find Ahold Merger Difficult to Swallow
Wall Street Journal - 24 Jun 2015 17:51
Ahold and Delhaize are billing their supermarket deal as a merger of equals. For Delhaize shareholders, that is worrying on several fronts.
U.S. and Qatari investors to bid for F1?
CNN - 24 Jun 2015 16:16
The words "boring" and Formula One have often been used in tandem this season given Mercedes' domination -- but this is a sport that could be a sold for a very non-boring price of $8 billion.
New York Fed Says Last of Repo Reforms May Take More Time
Wall Street Journal - 24 Jun 2015 22:52
The Fed clearing banks may need more time to complete remaining overhauls in a corner of financial markets that contributed to the 2007-2009 crisis.
Freeport Boiled in Its Own Oil
Wall Street Journal - 24 Jun 2015 22:32
Freeport McMoRan's planned oil-business IPO underlines a big strategic mistake and looks challenging to pull off.
U.S. Government Bonds Higher
Wall Street Journal - 24 Jun 2015 21:46
U.S. Treasury bonds strengthened Wednesday for the first time this week as renewed worries over Greece's debt crisis stoked demand for haven assets.
Hot-Handed Billionaire Investors Are Buying These Six Stocks
Forbes - 24 Jun 2015 21:40
David Tepper, Larry Robbins and John Paulson, are all up 10% or more after fees in 2015. That compares to a 3% return for the S&P 500.
Charter's Chances With Time Warner Cable Look Good
Wall Street Journal - 24 Jun 2015 21:39
Investors' worries that regulators will block Charter's deal for Time Warner Cable are overblown.
Daily Dividend Report: LEN, IEX, MSM, BANR, TPUB
Forbes - 24 Jun 2015 20:52
Lennar Corporation (LEN) has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on July 22, 2015 to holders of record at the close of business on July 8, 2015.
Wednesday Sector Laggards: Industrial, Materials
Forbes - 24 Jun 2015 20:40
The worst performing sector as of midday Wednesday is the Industrial sector, showing a 0.9% loss. Within that group, CSX Corp. (NYSE: CSX) and Iron Mountain Inc (NYSE: IRM) are two large stocks that are lagging, showing ...
Nike Sports a Pricey Valuation
Wall Street Journal - 24 Jun 2015 20:33
Nike's losses on the field should be made up for by nonathletes snapping up its clothing. But its heady stock multiple may damp future celebrations.
Loss Expected to Narrow for Barnes & Noble
Forbes - 24 Jun 2015 20:00
Barnes & Noble is expected to book a narrower loss than a year ago when it reports fourth-quarter earnings on Thursday, June 25, 2015. Analysts are expecting a loss of 37 cents per share, up from a loss of 72 cents per s...
Profit Expected to Dip for Micron Technology
Forbes - 24 Jun 2015 20:00
Despite an expected dip in profit, analysts are generally optimistic about Micron Technology as it prepares to reports its third-quarter earnings on Thursday, June 25, 2015. The consensus earnings per share estimate is 5...
Nike Earnings Projected to Increase
Forbes - 24 Jun 2015 20:00
Optimism surrounds Nike, as it gets ready to report its fourth quarter results on Thursday, June 25, 2015. Analysts are expecting the company to book a profit of 84 cents a share, up from 78 cents a year ago.The consensu...
Chip Industry Looking Forward To Texas Instruments' Next Big Deal, Preferably In Analog
Forbes - 24 Jun 2015 19:56
Driving TI's appetite for M&A, according to the sources, is a desire to improve on its profitability and increase its share in the fragmented market for analog circuits, which process linear signals including sound and l...
JetBlue Focuses On West As United Moves East
Forbes - 24 Jun 2015 19:55
JetBlue's stock went up by almost 1.5% to $20.23 per share last Friday when the airline announced its plans to offer additional flights with its premium Mint service to customers flying from New York's John F. Kennedy Ai...
Falling Handset Sales, Slow EMM Software Ramp-Up Hurt BlackBerry's Q1 Results
Forbes - 24 Jun 2015 19:54
While BlackBerry is certainly on stable ground financially, generating positive free cash flow and holding over $3 billion in cash and investments, the recent earnings indicate that the outlook for the company remains ha...
U.S. Bancorp's Preferred Stock Goes Ex-Dividend Soon
Forbes - 24 Jun 2015 19:54
On 6/26/15, U.S. Bancorp's Preferred Stock (NYSE: USB.PRA) will trade ex-dividend, for its quarterly dividend of $8.8472, payable on 7/15/15. As a percentage of USB.PRA's recent share price of $837.24, this dividend work...
What Justifies A $700 Price Tag For Netflix?
Forbes - 24 Jun 2015 19:53
Netflix's stock has witnessed a phenomenal run-up in the last few months and has risen more than 95% year to date. The stock is currently trading at around the $700 mark whereas our $549 price estimate for the company st...
Sunstone Hotel Investors Series D Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon
Forbes - 24 Jun 2015 19:52
On 6/26/15, Sunstone Hotel Investors Inc's 8.0% Series D Cumulative Redeemable Preferred Stock (NYSE: SHO.PRD) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/15/15. As a percentage of SHO.PRD's...
Oil And Gas Division IPO Has Mixed Implications For Freeport-McMoRan
Forbes - 24 Jun 2015 19:52
Freeport-McMoRan Inc. has signaled its intention to raise capital through the IPO of its oil and gas division, a move that has mixed implications for the company. Though the company has not specified the exact amount tha...
SL Green Realty Series I Cumulative Redeemable Preferred Stock Ex-Dividend Reminder
Forbes - 24 Jun 2015 19:52
On 6/26/15, SL Green Realty Corp.'s 6.50% Series I Cumulative Redeemable Preferred Stock (NYSE: SLG.PRI) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 7/15/15. As a percentage of SLG.PRI's rec...
With AOL In The Bag, What's Next For Verizon?
Forbes - 24 Jun 2015 19:50
The company also gave out details on the expanded role of AOL CEO Tim Armstrong, who will continue to lead AOL operations post-closing. He will report to Marni Walden, Verizon executive vice president and president of Pr...