Market News
Central Bankers Urge Fed to Get On With It
Wall Street Journal - 12 Oct 2015 04:23
Officials who gathered in Lima, Peru, for the IMF's annual meeting delivered a message to their American counterparts: Please stop dithering and raise rates.
Calpers to Propose Lowering Investment Target, Document Says
Wall Street Journal - 13 Oct 2015 01:42
The largest U.S. pension fund could reduce its 7.5% return goal by as much as a quarter percentage point a year, a move that could lead to higher contributions from workers and local governments.
Voices: How to Keep Clients Calm When Markets Aren't---Greg Ghodsi
Wall Street Journal - 13 Oct 2015 01:21
An appropriate asset allocation and clear communications are key when markets are volatile.
EPS Estimates Down for J.M. Smucker In Past Month
Forbes - 13 Oct 2015 00:00
Over the past three months, the consensus estimate has sagged from $1.25. For the fiscal year, analysts are expecting earnings of $5.75 per share. A year after being $1.37 billion, analysts expect revenue to fall 1% year...
Commodities Prices Heating Up on El Niño
Wall Street Journal - 12 Oct 2015 23:52
The El Niño weather phenomenon is starting to push up prices for key agricultural commodities as its impact spreads through key crop-growing regions in Asia and beyond.
Why Dell's EMC Bid Leaves VMware Looking Like Devalued Currency
Wall Street Journal - 12 Oct 2015 23:47
Dell's deal for EMC has rightly unsettled holders of stock in VMware.
Metal prices tease investors with a bounce
livemint.com - 12 Oct 2015 23:20
The recent bounce in metal prices is making some wonder if the worst is over
Shareholder norms may be eased for stock exchanges
livemint.com - 12 Oct 2015 23:07
After merger with FMC, Sebi likely to bring the regulations in line with those that govern commodity bourses
Cracks Emerge in Bond Market
Wall Street Journal - 12 Oct 2015 23:04
Falling profits and increased borrowing at U.S. companies are rattling debt markets, a sign the six-year-long economic recovery could be under threat.
Limits enhanced, foreign investors bid aggressively in govt debt auction
livemint.com - 12 Oct 2015 22:50
Investors buy more than `1,000 crore of bonds issued by state governments, indicating the attractiveness of state-backed Indian papers
Monday Sector Laggards: Energy, Materials
Forbes - 12 Oct 2015 22:43
In afternoon trading on Monday, Energy stocks are the worst performing sector, showing a 2.5% loss. Within that group, Southwestern Energy Company (NYSE: SWN) and Chesapeake Energy Corp. (NYSE: CHK) are two large stocks ...
Monday Sector Leaders: Utilities, Healthcare
Forbes - 12 Oct 2015 22:42
Looking at the sectors faring best as of midday Monday, shares of Utilities companies are outperforming other sectors, higher by 0.7%. Within the sector, FirstEnergy Corp. (NYSE: FE) and Xcel Energy, Inc. (NYSE: XEL) are...
EMC's Mountains Of Cash Prove To Be A Mirage For Bondholders
Forbes - 12 Oct 2015 22:22
Was the appeal of lending money to a company with roughly $3 in cash for every $1 it borrowed too good to be true? It appears so.
CSX Q3 Preview: Lower Fuel Expenses, Operating Efficiency To Partially Offset Weak Shipment Volumes
Forbes - 12 Oct 2015 22:11
We expect weak shipment volumes across several commodities, particularly coal, and lower fuel surcharge revenues to negatively impact the company's revenues on a year-over-year basis. As per CSX's carload report for the ...
F5 Networks Will Manage To Retain Its Leadership In ADCs
Forbes - 12 Oct 2015 22:09
F5 accounts for over 50% of the ADC market, and its closest competitors are way behind it in terms of market share. The company did a comprehensive refresh of its product portfolio in 2013 which significantly expanded it...
Revlon Becomes More Fragrant: Expands Fragrance Portfolio While Targeting Travel Retail Growth
Forbes - 12 Oct 2015 22:08
This will be the first fragrance launch in over a decade by the mid-market beauty and cosmetics company. Post its acquisitions in the fragrance segment, this might be another step by Revlon towards building a stronger fr...
What If Alibaba's Consumer Coverage Falls To 60% In China?
Forbes - 12 Oct 2015 22:06
Almost 75% of Alibaba's valuation can be attributed to its operations in China. Needless to say, its share within the country's e-commerce market matters. In 2014, buyers on Alibaba's China marketplaces accounted for nea...
Why Lilly's Pipeline Worries Aren't Over
Wall Street Journal - 12 Oct 2015 21:54
The failure of a trial for a Lilly heart-disease drug raises the stakes for the rest of its roster.
Meet Cryptonomex's Dan Larimer And His 'Four Horsemen' Of Crypto-Economics
Forbes - 12 Oct 2015 21:41
“I’ve never gone into battle with this much ammo in all my time at Lockheed Martin and SAIC,” says Stan Larimer, a 40-year veteran of the American aerospace industry and President of Cryptonomex Inc., a US software...
Earnings Preview: JPMorgan Chase & Co (JPM), Bank of America Corp (BAC), Wells Fargo & Co (WFC), Goldman Sachs Group Inc (GS)
IBTimes - 12 Oct 2015 21:34
Earnings season kicks into high gear on Wall Street this week, with five major U.S. banks -- JPMorgan Chase & Co., Wells Fargo & Co., Bank of America Corp., Citigroup Inc. and Goldman Sachs Group Inc. -- slated to post q...
Daily Dividend Report: AEE, VMC, LNT, NRG, FSP
Forbes - 12 Oct 2015 21:27
Ameren Corporation (AEE) declared a quarterly cash dividend on its common stock of 42.5 cents per share, a 3.7 percent increase from the prior quarterly cash dividend of 41 cents per share, resulting in an annualized equ...
Monday's ETF with Unusual Volume: EXI
Forbes - 12 Oct 2015 21:18
The iShares Global Industrials ETF (EXI) is seeing unusually high volume in afternoon trading Monday, with over 260,000 shares traded versus three month average volume of about 26,000. Shares of EXI were off about 0.2% o...