Market News
New York Global Group Chief Charged With Securities Fraud
Wall Street Journal - 10 Sep 2015 22:09
The founder and president of New York Global Group, Benjamin Wey, was arrested and charged with securities fraud Thursday.
U.S. Visa-for-Cash Plan Funds Luxury Towers
Wall Street Journal - 10 Sep 2015 06:38
A program that gives foreigners residence for investing in the U.S. is meant to spur jobs in poor or rural areas but largely finances developments in affluent urban neighborhoods.
Avon Discusses Stake Sale With Private-Equity Firms
Wall Street Journal - 11 Sep 2015 01:05
Avon Products is in discussions with private-equity firms about an investment that could help shore up the struggling cosmetics company.
Given India's size, policy may be simply taking a breather: Rainer Michael Preiss
livemint.com - 10 Sep 2015 23:36
The executive director of Taurus Wealth Advisors on the recent sell-off in Indian equities
How Apple Is Escalating the Wireless Wars
Wall Street Journal - 10 Sep 2015 23:19
Apple's plan to finance iPhone purchases could spur fresh price competition among wireless carriers.
GE Explores Possible Sale of Asset-Management Unit
Wall Street Journal - 10 Sep 2015 23:06
General Electric said it is exploring the potential sale of its asset-management arm as part of the conglomerate's efforts to focus more closely on its core industrial businesses.
It isn't just global factors that are responsible for the market slump
livemint.com - 10 Sep 2015 22:50
FY16 and FY17 earnings estimates for Sensex firms have been downgraded since the beginning of this fiscal year
Strong Dollar Imports Trouble for Fed
Wall Street Journal - 10 Sep 2015 22:49
Falling import prices are stymying the Federal Reserve's hopes for higher inflation.
Why China's Recent Troubles Will Not Derail Long-Term Growth
Forbes - 10 Sep 2015 22:47
Following the dramatic plunge on the Shanghai stock exchange, the big question is whether the world, much of it still growing slowly in the aftermath of the Great Recession, is in for it once again. In a world that once ...
Thursday Sector Laggards: Services, Industrial
Forbes - 10 Sep 2015 22:39
The worst performing sector as of midday Thursday is the Services sector, up 0.5%. Within that group, Wynn Resorts Ltd (NASD: WYNN) and PayPal Holdings Inc (NASD: PYPL) are two of the day's laggards, showing a loss of 4....
Thursday Sector Leaders: Technology & Communications, Healthcare
Forbes - 10 Sep 2015 22:37
In afternoon trading on Thursday, Technology & Communications stocks are the best performing sector, higher by 1.2%. Within that group, KLA-Tencor Corp. (NASD: KLAC) and Lam Research Corp (NASD: LRCX) are two large stock...
Kroger Nears Its Sell-By Date
Wall Street Journal - 10 Sep 2015 22:19
Kroger has grown quickly by industry standards but now looks fairly valued.
Ellen Pao Won't Appeal Trial Loss in Kleiner Case
Wall Street Journal - 10 Sep 2015 21:46
Ending a legal battle symbolizing Silicon Valley's painful issues of sexism, Ellen Pao says she has agreed not to appeal the trial loss to her former employer, venture-capital firm Kleiner Perkins Caufield & Byers.
Daily Dividend Report: POT, ROP, HES, O, PHM, DDR, TRN, INT
Forbes - 10 Sep 2015 21:37
Potash Corporation of Saskatchewan has declared a quarterly dividend of US $0.38 per share payable November 3, 2015 to shareholders of record October 13, 2015.
With Alibaba SpinOff In Tailspin, What Are The Possibilities For Yahoo?
Forbes - 10 Sep 2015 21:36
With the Alibaba ADR listing in Q3 last year, these shares became subject to a one-year lock-up agreement that runs until September 21, 2015. If these shares were to be sold or transferred through ordinary means, the pro...
iPhone 6S Shows How Apple Intends To Keep Its Profit Machine Running
Forbes - 10 Sep 2015 21:34
Apple unveiled a host of upgraded products - including a larger-screen iPad, a revamped Apple TV and updated versions of its bread-and-butter iPhone - at a media event held on September 9. Although we didn't see anything...
Thursday's ETF with Unusual Volume: GNR
Forbes - 10 Sep 2015 21:29
The SPDR S&P Global Natural Resources ETF (GNR) is seeing unusually high volume in afternoon trading Thursday, with over 791,000 shares traded versus three month average volume of about 145,000. Shares of GNR were up abo...
Thursday's ETF Movers: XBI, ITB
Forbes - 10 Sep 2015 21:28
In trading on Thursday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Sangamo Biosciences (SGMO), up about 26.9% ...
Thursday Sector Laggards: Shipping, General Contractors & Builders
Forbes - 10 Sep 2015 21:26
In trading on Thursday, shipping shares were relative laggards, down on the day by about 1.8%. Helping drag down the group were shares of Dryships (DRYS), off about 34.7% and shares of Navios Maritime Holdings (NM) off a...
Thursday Sector Leaders: Manufacturing, Trucking Stocks
Forbes - 10 Sep 2015 21:25
In trading on Thursday, manufacturing shares were relative leaders, up on the day by about 4.6%. Leading the group were shares of Envivio (ENVI), up about 114% and shares of Clearsign Combustion (CLIR) up about 12.2% on ...
Brooks Lab, top executives banned from securities markets
livemint.com - 10 Sep 2015 21:10
Sebi said they have been 'prohibited from raising any further capital from the securities market, in any manner whatsoever, for a period of five years'
Tullow Oil sinks on bearish broker notes
Telegraph - 10 Sep 2015 21:04
Two brokers slashed Tullow Oil's target price, sending the stock towards the bottom of the mid-cap index.