Market News
Goodbye Wall Street, Hello Silicon Valley
Wall Street Journal - 27 Jul 2015 03:19
A technology-fueled gold rush is drawing seasoned financial executives with the promise of sunshine, fresh managerial challenges and compensation that can top even the seven-figure paychecks common in the investment worl...
Tesla Motors Inc (TSLA) Shares Plunge As Investors Dump Luxury Car Shares On China Stock Crash
IBTimes - 27 Jul 2015 23:52
Tesla Motors Inc (Nasdaq:TSLA) shares were pummeled Monday as investors watch prospects for luxury-car growth in China practically evaporate in the biggest market selloff in Shanghai since 2007. German car giants Volkswa...
The Great 'Fall' Of China
Forbes - 27 Jul 2015 22:49
About three years ago, I wrote the book, The Coming China Crisis, which predicted the sequence, such as record debt, mal-investments, excessive debt-financed speculation in real estate, 64 million empty condominiums, a c...
Deutsche Börse Plans Job Cuts
Wall Street Journal - 27 Jul 2015 21:59
Germany's Deutsche Börse AG on Monday reported double-digit-percentage rises in revenue and net profit, helped by higher trading activity in capital markets, and set 2018 earnings targets that will include job cuts and ...
Dollar Falls as Turmoil Clouds Fed Timing
Wall Street Journal - 27 Jul 2015 21:59
The dollar fell Monday as investors locked in profits on recent gains amid fears that unstable Chinese stock markets could delay the Federal Reserve's plan to raise U.S. rates in coming months.
Twitter Is No Bargain
Wall Street Journal - 27 Jul 2015 21:45
Ahead of the Tape: Twitter's recent stumble creates the appearance of a possible bargain compared with rival social network Facebook, but the gulf between them is vast.
The Baidu Trade Into Earnings Tonight
Forbes - 27 Jul 2015 21:32
Lets go over the one huge macro issue that Baidu is staring in the face right now; the elephant in the room so to speak. It's whats going on in the Chinese markets right now. The worst sell-off today in over 8 years ...
Allergan's Healthy Price May Come With Side Effects
Wall Street Journal - 27 Jul 2015 21:23
While investors are excited about Allergan's pursuit of more deals, they have to hope it doesn't bite off more than it can chew.
Lawyer Emails Put Visa, MasterCard Settlement at Risk
Wall Street Journal - 27 Jul 2015 21:16
The discovery of a trove of emails between two opposing lawyers is threatening to scuttle the $6 billion class-action antitrust settlement.
How To Avoid Chronic Bond Syndrome
Forbes - 27 Jul 2015 21:10
The prescription for interest rate angst is simple: Don't sit in cash.
Daily Dividend Report: LYB, DAL, NSC, MAC, CNP, PRE, WWD, DBD
Forbes - 27 Jul 2015 21:05
LyondellBasell (LYB) declared an interim dividend of $0.78 per share. The interim dividend will be paid September 8, 2015 to shareholders of record August 25, 2015 with an ex-dividend date of August 21, 2015.
Monday's ETF with Unusual Volume: BSCG
Forbes - 27 Jul 2015 20:51
The Guggenheim BulletShares 2016 Corporate Bond ETF (BSCG) is seeing unusually high volume in afternoon trading Monday, with over 1.4 million shares traded versus three month average volume of about 233,000. Shares of BS...
Monday's ETF Movers: XLU, GXC
Forbes - 27 Jul 2015 20:49
In trading on Monday, the Utilities Select Sector SPDR Fund ETF (XLU) is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of PG&E (PCG), up about 2.9% ...
Monday Sector Leaders: Electric Utilities, Gas Utilities
Forbes - 27 Jul 2015 20:46
In trading on Monday, electric utilities shares were relative leaders, up on the day by about 1.1%. Leading the group were shares of 8point3 Energy Partners (CAFD), up about 3.7% and shares of Centrais Elétricas Brasile...
Monday Sector Laggards: Materials, Energy
Forbes - 27 Jul 2015 20:35
Looking at the sectors faring worst as of midday Monday, shares of Materials companies are underperforming other sectors, showing a 0.9% loss. Within that group, Freeport-McMoran Copper & Gold (NYSE: FCX) and CF Industri...
Monday Sector Leaders: Utilities, Consumer Products
Forbes - 27 Jul 2015 20:32
In afternoon trading on Monday, Utilities stocks are the best performing sector, up 1.4%. Within that group, PG&E Corp. (NYSE: PCG) and American Electric Power Company, Inc. (NYSE: AEP) are two large stocks leading the w...
Ford Earnings Preview: Declining F-150 Market Share Could Dampen Results
Forbes - 27 Jul 2015 19:54
Ford Motors is scheduled to release its earnings for the second quarter of 2015 on July 28th. It has been an atypical year for the company: in a normal year, Ford makes most of its profits in the first half of the year a...
China Stock Crash: Why The Global Economy Is Largely Safe From China's Massive Stock Correction
IBTimes - 27 Jul 2015 19:52
Stock markets are the one part of Chinese society the Communist Party can't control. Despite the extraordinary measures Beijing has rolled out over the last three weeks to ensure the stability of markets in Shanghai and ...
JetBlue 2Q Preview: Strong Unit Revenue Coupled With Fuel Cost Savings To Drive Earnings
Forbes - 27 Jul 2015 19:50
JetBlue Airways Corporation, which did not plummet over rumors of a demand supply mismatch in the domestic market, is scheduled to announce its second quarter operating results on Tuesday, 28th July 2015. Based on the ai...
Stock Touches All-Time High, As Chipotle Fills In The Gaps
Forbes - 27 Jul 2015 19:48
Chipotle Mexican Grill continues to impress investors with yet another strong quarter, as the company reported a net revenue growth of 14.1% year-over-year (y-o-y) to $1.2 billion in the second quarter of fiscal 2015. In...
Textron Earnings Preview: Aviation To Fuel Growth While Bell Continues To Be A Drag
Forbes - 27 Jul 2015 19:47
Textron will announce its second quarter results for 2015 on Tuesday, July 28th. The multi-industry company is coming off a modest performance in Q1 2015 with high single-digits overall top line growth fueled primarily b...
Samsung Q2 Preview: Are S6 Sales Being Hampered By Logistical Issues Or Just Weak Demand?
Forbes - 27 Jul 2015 19:45
Samsung Electronics is expected to publish its Q2 2015 earnings on July 30, reporting on a crucial quarter that saw the company launch the flagship Galaxy S6 devices that it is banking on to turnaround its struggling sma...