Market News
How Nidera's 'Rogue Trader' Had Struck Before
Wall Street Journal - 12 Nov 2015 19:26
Dutch commodities trader Nidera's failure to act on rogue trades in 2011 underscores what financial crime experts have long said: They are as much to do with management lapses as traders' mistakes.
Yellen Says It Is Critical to Assess How Monetary Policy Works in Post-Crisis World
Wall Street Journal - 12 Nov 2015 18:43
It is vital for central-bank officials to assess how monetary policy is implemented and transmitted to the broader economy in the wake of the global financial crisis, Federal Reserve Chairwoman Janet Yellen said.
Economists Overwhelmingly Expect Fed to Raise Interest Rates in December
Wall Street Journal - 13 Nov 2015 01:45
There is near-unanimous agreement among private forecasters surveyed that the Federal Reserve will begin raising short-term interest rates next month after holding them near zero for seven years.
Race To The Bottom: How Cheap Can ETFs Get?
Forbes - 13 Nov 2015 01:06
Thanks to price wars among ETF providers, it has never been cheaper to own U.S. stocks.
Will A White Knight Step In For Qihoo 360?
Forbes - 13 Nov 2015 00:47
Could a White Knight Step In For Qihoo 360?
Is Grad School Worth It? How To Avoid The Most Common Graduate School Money Mistakes
IBTimes - 12 Nov 2015 23:48
For Patrice Lee, the lure of graduate school was too much to resist. After getting interested in politics at the undergraduate level, she went on to earn her master's degree in political science from Boston College, with...
How the Fed Will Read Copper's Diagnosis
Wall Street Journal - 12 Nov 2015 23:39
Dr. Copper is spooking economic hypochondriacs but the Federal Reserve isn't likely to be swayed.
Daily Dividend Report: HPQ, NTES, CME, POT, AAP, NOV, NWL, IPG
Forbes - 12 Nov 2015 23:32
The HP (HPQ) board of directors has declared a regular cash dividend of $0.124 per share on the company's common stock, which is the company's first regular dividend since the separation of Hewlett Packard Enterprise Com...
Retailers Have an October Surprise in Store
Wall Street Journal - 12 Nov 2015 23:26
Even amid unseasonably warm weather, October retail sales should heat up ahead of the holiday season.
Thursday's ETF Movers: GXC, GNR
Forbes - 12 Nov 2015 22:43
In trading on Thursday, the SPDR S&P China ETF (GXC) is outperforming other ETFs, up about 0.5% on the day. Components of that ETF showing particular strength include shares of Qihoo 360 Tech (QIHU), up about 7.1% and ...
EOG Resources Is Likely To Sail Through The Downturn On The Back Of Its High Quality Assets
Forbes - 12 Nov 2015 22:40
Unlike its counterparts in the industry, the US-based independent exploration and production (E&P) company posted an adjusted profit as opposed to market expectations of a loss for the September quarter. This was largely...
Despite The Benefits, A China Unicom-Telecom Merger May Be Unlikely
Forbes - 12 Nov 2015 22:38
Unicom and Telecom have about 288 million and 194 million wireless subscribers, respectively, compared to China Mobile's 823 million subscribers. Telecom and Unicom had EBITDA margins of roughly 30% in 2014, per our esti...
Q3 2015 U.S. Investment Bank Round-Up: Equity Underwriting
Forbes - 12 Nov 2015 22:36
Global equity capital markets witnessed a sharp reduction in activity for the third quarter of the year, as many companies were forced to put off plans to raise money through stock issuances in response to sharp sell-off...
What If Pandora's Royalty Rates Don't Rise Much In 2016 And Beyond?
Forbes - 12 Nov 2015 22:34
The Copyright Royalty Board set Pandora Media's royalty rates for years until 2015, when SoundExchange, an independent body representing the music industry, proposed a 66% increase in the company's per performance royalt...
Thursday Sector Leaders: Advertising, Textiles
Forbes - 12 Nov 2015 22:32
In trading on Thursday, advertising shares were relative leaders, up on the day by about 0.8%. Leading the group were shares of Angie's List (ANGI), up about 11.1% and shares of Tremor Video (TRMR) up about 5.1% on the...
Glencore Stock Plunges as Copper Prices Decline
Wall Street Journal - 12 Nov 2015 22:20
Glencore shares plunged as much as 12.6% as copper prices fell to six-year lows. The company's share price has shed more than 68% this year as investors worry about its high levels of debt.
Wall Street Meets Climate Change With Fossil-Free Exchange-Traded Fund
IBTimes - 12 Nov 2015 22:09
Investors looking to ditch their stocks in high-carbon U.S. companies can steer their dollars to Etho Capital's soon-to-be-launched, first-of-its-kind investment fund. The fund eschews fossil fuel producers entirely and ...
Mining stocks sink as copper prices hit six-year lows
Telegraph - 12 Nov 2015 22:07
Mining stocks were hammered again by read-across from Noble Group's results and weak Chinese credit data.
Deutsche Bank Reshuffles Top Ranks of Investment Bank
Wall Street Journal - 12 Nov 2015 22:06
Deutsche Bank has put in place senior managers overseeing the lender's global investment-banking and trading businesses, as a broad reshaping of its business advances.
Shares in Spire slump on lowered revenue guidance
Telegraph - 12 Nov 2015 21:29
FTSE 250 group Spire Healthcare endured its worst trading session in seven months after it cut its revenue guidance.
Dow Jones Industrial Average Drops Amid Low Commodity Prices; US Jobs Data Strengthens Signal For A December US Rate Hike
IBTimes - 12 Nov 2015 21:21
U.S. stocks dropped Thursday as low commodity prices and energy stocks weighed on sentiments. Lackluster corporate news out of Europe, concern over slowing China growth and the possibility of a U.S. rate hike pushed down...
'Rough ride' for Petrobras as it posts Q3 results
CNBC - 12 Nov 2015 21:18
The bad news has piled on Petrobras over the last 12 months and Thursday evening's results will likely provide little relief for the oil giant.