Market News
Nasdaq 100 Movers: SPLS, GMCR
Forbes - 19 Nov 2015 19:51
In early trading on Thursday, shares of Keurig Green Mountain (GMCR) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 23.3%. Year to date, Keurig Green Mountain has lost about...
One Place China Is Avoiding On Its Overseas Investment Campaign
Forbes - 19 Nov 2015 07:00
Chinese firms pressured by competition and slowing economic growth at home have turned to just about everywhere else in the world for business. We’re talking about mines in Africa, golf course operation in the southeas...
Nike Pops After Announcing 2-For-1 Stock Split, Dividend Hike And $12 Billion Repurchase Program
Forbes - 20 Nov 2015 01:57
Good news came in threes for Nike shareholders Thursday afternoon: the sportswear giant announced not just that it is hiking its dividend by 14%, but that its board has also approved a $12 billion share repurchase progra...
There Is No Holding Back the Greenback
Wall Street Journal - 20 Nov 2015 01:28
The strong dollar has cast a dark shadow on earnings season, one that isn't likely to change soon.
Did The Fed Just Tell Us To Expect A December Rate Hike?
Forbes - 20 Nov 2015 01:22
Has recent economic data already mitigated concerns about a rate hike? Commonwealth Financial Network CIO Brad McMillan gives his interpretation of the October FOMC minutes.
Student Loan Debt Relief: More Millennials Turn To Crowdfunding, Seeking Help From Family And Friends
IBTimes - 20 Nov 2015 00:49
Erin Fox received a piece of bad news a few months ago, and it wasn't entirely unexpected. Despite juggling two jobs since graduating from the University of Maryland in 2008, she was approaching a default on her student ...
Yahoo: Time to Bring the Curtain Down
Wall Street Journal - 20 Nov 2015 00:33
Starboard's plan for Yahoo to sell its core business makes sense given management's failure to turn the business around.
World's Second-Largest Diamond Discovered in Botswana
Wall Street Journal - 20 Nov 2015 00:17
A near tennis-ball-sized gem found this week in Botswana is the second-largest diamond ever unearthed, smaller only than a precious stone that furnished some of the British crown's most valuable jewels.
Know The IPO: Square
Forbes - 20 Nov 2015 00:14
Square, the San Francisco-based payments company, popped in its public market debut on the NYSE after setting a disappointing IPO price the night before. Here's what you need to know about the company.
Thursday Sector Leaders: Consumer Products, Utilities
Forbes - 19 Nov 2015 23:42
Looking at the sectors faring best as of midday Thursday, shares of Consumer Products companies are outperforming other sectors, higher by 0.7%. Within that group, Keurig Green Mountain Inc (NASD: GMCR) and J.M. Smucker ...
Fed's Lockhart: Comfortable With Raising Rates Soon, but Inflation a Concern
Wall Street Journal - 19 Nov 2015 23:39
Dennis Lockhart reiterated that financial-market volatility has settled down enough for him to feel comfortable with lifting short-term rates soon, but said he still sees persistently low inflation as a concern.
Valuation tussle delaying IPO plans
livemint.com - 19 Nov 2015 23:39
Firms with IPO permits not entering market as it is not willing to give them the valuation they want, say analysts
Damage of six years has been reversed in a matter of a year: Ridham Desai
livemint.com - 19 Nov 2015 23:26Daily Dividend Report: ACE, RE, CSCO, RTN, NOC, ALL, PEG, DPS, CPB, UHS, TIF
Forbes - 19 Nov 2015 22:45
ACE (ACE) declared a quarterly dividend equal to $0.67 per share, payable on January 21, 2016, to shareholders of record at the close of business on December 31, 2015. This will be the third installment as approved by th...
Home Depot Q3 2015 Earnings Review: Strong Results Against Favorable Macroeconomic Environment
Forbes - 19 Nov 2015 22:44
Retail giant Home Depot reported solid fiscal third quarter earnings on November 17, to beat analyst projections. Sales in the quarter increased 6.4% year-on-year against strong performance across all product categories ...
US economic recovery drives shares in CRH higher
Telegraph - 19 Nov 2015 22:42
Shares in Irish building materials supplier CRH surge on positive earnings outlook buoyed by a pick up in construction activity in the US.
How Much Can Netflix's Australian Operations Contribute Towards Company's International Revenues
Forbes - 19 Nov 2015 22:42
According to our current projections, Netflix will have more than 7 million paying Australian subscribers by the end of 2022. Additionally, we estimate that total revenues from Netflix's Australian operations will amount...
Wal-Mart Exceeds Expectations In Q3 As Solid Store Performance Drives Top Line
Forbes - 19 Nov 2015 22:40
In contrast with this backdrop was Wal-Mart's performance in the quarter ending October, as it achieved robust sales growth across multiple geographies. On a constant currency basis, the company's revenues increased by $...
HBO, HBO Now Will Be Key Growth Drivers For Time Warner
Forbes - 19 Nov 2015 22:38
For Time Warner, HBO remains the key growth driver, in our view. The network will not only benefit from subscription growth but also from HBO Now. While there hasn't been a major change in our valuation of Time Warner, o...
Thursday's ETF with Unusual Volume: IWR
Forbes - 19 Nov 2015 22:36
The iShares Russell Mid-Cap ETF (IWR) is seeing unusually high volume in afternoon trading Thursday, with over 2.4 million shares traded versus three month average volume of about 283,000. Shares of IWR were up about 0...
Thursday's ETF Movers: GDX, IHF
Forbes - 19 Nov 2015 22:35
In trading on Thursday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 3.1% on the day. Components of that ETF showing particular strength include shares of Gold Fields (GFI), up about 16.1% and shares...
The Benefits And Potential Stumbling Blocks Of The Proposed Canadian Pacific-Norfolk Southern Merger
Forbes - 19 Nov 2015 22:34
Norfolk Southern Corporation has announced the receipt of a takeover offer from Canadian Pacific Railway Company. Canadian Pacific is offering Norfolk Southern shareholders $46.72 in cash in addition to 0.348 shares of C...