Market News
China Shares Teeter on Losses
Wall Street Journal - 29 Jul 2015 06:25
China's shares flitted between positive and negative territory Wednesday as officials stepped up efforts to calm markets, while other Asian shares were roughly flat.
Relistings of Chinese Tech Firms Are in Limbo
Wall Street Journal - 29 Jul 2015 06:19
China's market rout has left in limbo many small technology companies that had planned to return home after listing in the U.S.
Dow Jones Industrial Average Gains 120 Points As Federal Reserve Remains On Track To Raise Rates In September
IBTimes - 29 Jul 2015 23:45
U.S. stocks closed higher for the second straight session, with the Dow Jones Industrial Average gaining more than 100 points, as the Federal Reserve kept rates unchanged. Policymakers said the economy is "expanding mode...
Facebook Beat Goes On
Forbes - 29 Jul 2015 23:18
look for glittering analyst reports tomorrow
Whole Foods Shares Sink On Sluggish Quarter, Soft Outlook
Forbes - 29 Jul 2015 22:47
Whole Foods missed earnings estimates and reported soft comparable store sales growth in its fiscal third quarter on Wednesday, as it struggles to compete against the proliferation of natural and organic offerings avail...
Twitter's Stock Price Swings On Q2 Numbers But Is It Worth A Punt?
Forbes - 29 Jul 2015 22:40
I suppose things could be worse for Twitter. At least their second quarter (Q2) earnings results weren’t leaked before the closing bell as their Q1 numbers were for just 45 seconds in an ‘operational error’ earlier...
Options Strategies To Play Twitter's Massive Downside
Forbes - 29 Jul 2015 22:34
Twitter's founders created an innovative messaging platform, they're doing a decent job of monetizing it, but user growth is escaping them.
China's Thumb on Fed Rate-Rise Scale
Wall Street Journal - 29 Jul 2015 22:29
The Federal Reserve is trying to balance the outlook for jobs and inflation as it considers a rate increase. China's market turmoil could weigh on its deliberations.
Two Home Builder Stocks To Ride Real Estate's Recovery
Forbes - 29 Jul 2015 22:06
Most investors are focused on their retirement assets, not their retirement liabilities. Big mistake.
From Bottomless Baidu To Buying Baidu
Forbes - 29 Jul 2015 21:51
Bottomless Baidu No More
The Tweets and Yelps of an Overvalued Market
Wall Street Journal - 29 Jul 2015 21:43
Both Twitter and Yelp were priced for hypergrowth that now looks less certain.
One Stock That Could Double If Warren Buffett Is Right About Australia
Forbes - 29 Jul 2015 21:42
Last month, Warren Buffett's Berkshire Hathaway paid $500 million for a 3.7% ownership stake in Insurance Australia Group (IAG). In addition to the 3.7% ownership stake, Berkshire Hathaway will receive 20% of IAG's gros...
Wednesday Sector Laggards: Healthcare, Utilities
Forbes - 29 Jul 2015 21:36
The worst performing sector as of midday Wednesday is the Healthcare sector, showing a 0.1% loss. Within that group, Henry Schein, Inc. (NASD: HSIC) and Biogen Inc (NASD: BIIB) are two large stocks that are lagging, show...
Boardroom Soap Opera at P&G Hasn't Helped Shares
Wall Street Journal - 29 Jul 2015 21:30
Ahead of the Tape: A.G. Lafley's return to Procter & Gamble didn't revive its fortunes as hoped.
Healthcare Global files for IPO to raise over $100 million
livemint.com - 29 Jul 2015 20:22
The firm will utilize the primary funds to be raised for purchase of medical equipment; investment in IT, services and payment of debt
Federal Reserve Leaves Interests Rates Unchanged, Gives Little Indication Of Future Plans
Forbes - 29 Jul 2015 20:10
Members of the Federal Open Market Committee released their latest policy statement Wednesday which was little changed from June.
Wednesday's ETF with Unusual Volume: FTC
Forbes - 29 Jul 2015 20:04
The First Trust Large Cap Growth AlphaDEX Fund ETF (FTC) is seeing unusually high volume in afternoon trading Wednesday, with over 704,000 shares traded versus three month average volume of about 57,000. Shares of FTC we...
Wednesday's ETF Movers: XOP, XBI
Forbes - 29 Jul 2015 20:03
In trading on Wednesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of Oasis Petrole...
Wednesday Sector Leaders: Trucking, Education & Training Services
Forbes - 29 Jul 2015 20:02
In trading on Wednesday, trucking shares were relative leaders, up on the day by about 4.2%. Leading the group were shares of YRC Worldwide (YRCW), up about 19.2% and shares of Saia (SAIA) up about 10.1% on the day.
Wednesday Sector Laggards: Drugs, Biotechnology Stocks
Forbes - 29 Jul 2015 20:02
In trading on Wednesday, drugs shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of Flamel Technologies (FLML), down about 11% and shares of Stemline Therapeutics (STML...
Merchants File Challenge to Visa, MasterCard Settlement
Wall Street Journal - 29 Jul 2015 19:58
Lawyers representing roughly 100 merchants formally notified MasterCard and Visa that they believe a $6 billion class-action antitrust settlement should be thrown out due to the discovery that opposing lawyers in the cas...
Nokia Earnings Preview: Networks Revenues To Drive Growth, May See Pressure On Bottom Line
Forbes - 29 Jul 2015 19:44
We expect its overall operational sales to improve year-over-year (y-o-y) on account of strong Networks sales, which contribute about 90% of total revenues. The company has built a strong pipeline of orders on a number o...