Market News
Greece news live: eurozone split over Grexit ultimatum plan as Greeks says they are being 'crushed' by Brussels
Telegraph - 13 Jul 2015 00:47
French president Francois Hollande dismisses idea of temporary Greek exit as Slovakia and Finland say little chance of a deal today after EU leaders summit is cancelled
More Than 300 China Listed Companies Resume Trading Today After Halt Amid Chaos
Forbes - 13 Jul 2015 04:02
A big rebound in China’s stock prices at the end of last week is leading growing numbers of the record number of businesses that suspended their shares to resume trading after an earlier market rout.
Small firm, commercial vehicle loans grow IndusInd Bank book
livemint.com - 13 Jul 2015 15:08
IndusInd Bank has scored on both loan growth and asset quality in the June quarter as indeed it has been doing for some quarters now
David Einhorn Slams Netflix: 'Red Ink Is The New Black'
Forbes - 13 Jul 2015 22:41
Apparently hedge fund manager David Einhorn is not the biggest fan of Netflix.
Tuition Reimbursement: Brooklyn Law School To Give Refunds Based On Timing Of Job Placements
IBTimes - 13 Jul 2015 22:24
Graduates of a law school in New York could soon have part of their tuition reimbursed, thanks to a new incentive initiative that is based on how long it takes them to secure employment after graduation. Brooklyn Law Sch...
Asia should be approached as a set of diverse markets: BCG
livemint.com - 13 Jul 2015 21:55
Differences in market maturity, scale, regulation and so on, make it complex for global asset managers
Monday 7/13 Insider Buying Report: TLOG, TCS
Forbes - 13 Jul 2015 21:25
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.
Yellen's Fed Flounders in Political Arena
Wall Street Journal - 13 Jul 2015 20:54
Almost 18 months after taking the helm at the central bank, Fed Chairwoman Janet Yellen is struggling to manage an increasingly strained relationship with Congress.
Monday Sector Laggards: Utilities, Financial
Forbes - 13 Jul 2015 20:49
The worst performing sector as of midday Monday is the Utilities sector, showing a 0.4% loss. Within that group, Public Service Enterprise Group Inc. (NYSE: PEG) and NiSource Inc. (NYSE: NI) are two large stocks that are...
Monday Sector Leaders: Energy, Consumer Products
Forbes - 13 Jul 2015 20:48
Looking at the sectors faring best as of midday Monday, shares of Energy companies are outperforming other sectors, up 1.2%. Within that group, Marathon Petroleum Corp. (NYSE: MPC) and ONEOK Inc. (NYSE: OKE) are two of t...
Why Market Share Concerns Shouldn't Be Eating At GrubHub
Forbes - 13 Jul 2015 20:32
That GrubHub and its sister site Seamless are two of the primary sources of sustenance for the young and culinary-impaired has done little to help shares of GrubHub's stock over the past few months: the food-ordering ser...
Chevron Popular Amongst Latest 13F Filers
Forbes - 13 Jul 2015 20:21
At Holdings Channel, we have reviewed the latest batch of the 31 most recent 13F filings for the 06/30/2015 reporting period, and noticed that Chevron Corporation (NYSE: CVX) was held by 18 of these funds. When hedge fun...
Marathon Takes Gold With MPLX and MarkWest
Wall Street Journal - 13 Jul 2015 20:20
Marathon Petroleum is the real winner in the MPLX-MarkWest merger.
At Yum, General Tso Can't Save the Colonel
Wall Street Journal - 13 Jul 2015 20:07
Yum Brands is recovering in China, but excitement about a possible spinoff of that business may have gone too far
EU demands Britain joins Greek rescue fund
Telegraph - 13 Jul 2015 19:54
Jean-Claude Juncker, European Commission president, discards David Cameron's deal that spares Britain from Eurozone bailouts
Two Surprising Factors Are Driving Growth For Lululemon
Forbes - 13 Jul 2015 19:44
Lululemon Athletica reported a solid set of quarterly results when it announced its earnings for the first quarter of fiscal 2015 earlier this month. The retailer reported a revenue increase of 10%(a year-on-year compari...
CSX Earnings Preview: Weak Coal Volumes, Fuel Surcharge Revenue To Weigh On Results
Forbes - 13 Jul 2015 19:42
CSX will be releasing its second quarter results on July 14. We expect the railroad operator to report flat earnings, as weakness across most commodities carloads and declining fuel surcharge revenues weigh in on its top...
Netflix Q2 Earnings Preview: Subscriber Base Will Grow But International Margin Will Remain Negative
Forbes - 13 Jul 2015 19:40
Netflix will release its Q2 2015 earnings on July 15th. The company reported strong subscriber numbers in the last two quarters after an unexpected miss in Q3 2014. For the current quarter, we expect that the overall cus...
Improving Mortgage Industry Conditions Should Help Wells Fargo's Q2 Results
Forbes - 13 Jul 2015 19:38
Wells Fargo kicks off the earnings season for U.S. banks along with JPMorgan on Tuesday, July 14, and the banking giant's results for Q2 2015 will provide some valuable insight into the key trends that affected commercia...
Lawsuits Against US Airlines Prompted By DOJ's Probe
Forbes - 13 Jul 2015 19:36
In the wake of the investigation launched by the US Department of Justice last week, to detect any unlawful price collusion among the top four US airlines, several flyers have filed lawsuits against these airlines on sim...
Intel's Q2'15 Earnings Preview: Non-PC Markets To Drive Growth As PC Sales Remain Sluggish
Forbes - 13 Jul 2015 19:34
Leading PC chipmaker Intel will announce its Q2 2015 earnings on July 15th. While the company closed 2014 on a strong note, 2015 has been a bit slow for Intel as it suffers from the weaker than expected demand for busine...
SEC Escalates Financial Penalties
Wall Street Journal - 13 Jul 2015 19:23
The regulator has more than doubled the typical fine against individuals over the past decade amid pressure to prove the agency is tough on Wall Street.