Market News
FedEx Handily Tops Earnings Estimates, Helped By E-Commerce Boom
Forbes - 16 Dec 2015 23:33
FedEx reported better-than-expected second quarter earnings on Wednesday, sending shares up 5% in after-hours trading.
Rising Interest Rates Risk New Distortions
Wall Street Journal - 16 Dec 2015 14:54
Federal Reserve officials say they are nearly ready to raise rates after years of easy money, but they won't know until they try if the tools they have devised will work or create new problems.
Barclays to Sell Risk Analytics and Index Unit to Bloomberg
Wall Street Journal - 16 Dec 2015 14:31
Barclays said it has agreed to sell its risk analytics and index solutions business to Bloomberg for $782 million, in the British bank's latest move to focus on its core operations.
Oracle tops EPS estimates; revenues fall
CNBC - 16 Dec 2015 23:35
Shares of the company jumped almost 2 percent after hours.
Amazon Vs. The Road To Compression
Forbes - 16 Dec 2015 23:33
Viscerally, Amazon entices with prospects of huge earnings per share coming. Nobody can tell you when and how much, but I can recite almost exactly to the penny what Coca-Cola and AT&T will earn next year. So can everyon...
FedEx shares rise as earnings top expectations
CNBC - 16 Dec 2015 23:16
The shipping giant posted $2.58 per share on $12.5 billion in revenue.
The Fed's Rate Increase: A New Test Looms
Wall Street Journal - 16 Dec 2015 22:53
The Fed's move to raise its interest-rate target is only the first step. Now begins the complex and untested task of implementing policy with new tools in a very different market environment.
Wall Street Welcomes Economic Vote of Confidence from Fed Rate Hike
Forbes - 16 Dec 2015 22:23
Stocks extended tentative gains Wednesday after the Federal Reserve bumped up key short-term interest rates for the first time since 2006, a welcome vote of confidence in the U.S. economy. The Fed also emphasized its wil...
Knight Frank: Prices in Madh-Marve, Mumbai, expected to appreciate the most
livemint.com - 16 Dec 2015 22:18
Eleven locations across six cities that are expected to show the most price appreciation in about five years
Gold Holds On To Early Gains Following As-Expected Fed Rate Hike
Forbes - 16 Dec 2015 21:40
Gold prices were trading higher in afternoon dealings Wednesday and holding on to early gains in the aftermath of the first interest rate increase from the U.S. Federal Reserve since 2006.
Wednesday Sector Leaders: Utilities, Consumer Products
Forbes - 16 Dec 2015 21:36
In afternoon trading on Wednesday, Utilities stocks are the best performing sector, higher by 1.7%. Within that group, NextEra Energy Inc (NYSE: NEE) and CenterPoint Energy, Inc (NYSE: CNP) are two large stocks leading t...
Wednesday Sector Laggards: Energy, Healthcare
Forbes - 16 Dec 2015 21:36
The worst performing sector as of midday Wednesday is the Energy sector, showing a 0.6% loss. Within the sector, Pioneer Natural Resources Co (NYSE: PXD) and Marathon Oil Corp. (NYSE: MRO) are two of the day's laggards, ...
Federal Reserve Hikes Interest Rates For The First Time Since 2006
Forbes - 16 Dec 2015 21:12
The Fed has held interest rates near zero for seven years.
What does the US interest rates rise mean?
Telegraph - 16 Dec 2015 21:08
The Telegraph's Senior City Editor Ben Wright explains what the US interest rates rise could mean for markets
Interest Rate Forecast 2016-2017: Fed Likely To Tighten For Two More Years
Forbes - 16 Dec 2015 21:06
Two years from now, at the end of 2017, the Fed Funds rate will sit at 3.25 percent. Relative to the core inflation rate of 2%, this will be just a hair below normal. For most of the coming two years, then, short-term ra...
What The Fed Rate Hike Means For Your Wallet
Forbes - 16 Dec 2015 21:04
For the first time since 2006, the Federal Reserve has raised interest rates. Here's what the rate hike means for your wallet.
Fed hikes interest rate by 25 bps, ends zero-rate era
livemint.com - 16 Dec 2015 21:02
The Federal Open Market Committee unanimously voted to set the new target range for the federal funds rate at 0.25% to 0.5%, up from zero to 0.25%
TripAdvisor's Star Performers In 2015
Forbes - 16 Dec 2015 20:56
The company's tryst with restaurant reservation continued in 2015 with a host of acquisitions. The company's tours and entertainment platform, Viator, witnessed huge growth. However, Instant Booking was the show stealer....
FedEx, UPS and the Trans-Pacific Partnership
Forbes - 16 Dec 2015 20:55
The Trans-Pacific Partnership (or the TPP) is a revolutionary, new agreement currently being negotiated by twelve countries (Australia, Canada, Japan, Malaysia, Mexico, Peru, U.S., Vietnam, Chile, Brunei, Singapore, and ...
How Did 2015 Turn Out For Disney's Studio And What To Expect In 2016?
Forbes - 16 Dec 2015 20:54
Disney's studio business has seen another spectacular year and it has managed to grow the market share in the U.S. for 2015. The studio benefited from the success of Avengers: Age of Ultron, Inside Out and Ant-Man, among...
Cisco's Partnership With Philips Reflects Its Strong IoT Focus
Forbes - 16 Dec 2015 20:53
Taking a step further in its quest to develop an efficient ecosystem for the Internet of things (Iot), Cisco partnered with Philips earlier this month to sell "smart" Internet-connected lights. While the deal in itself i...
Is McDonald's All Day Breakfast Strategy Working?
Forbes - 16 Dec 2015 20:52
While the company was facing a decline in comparable store sales for five consecutive quarters since Q2, 2014, its Q3 2015 results were promising, when the company finally reported positive comparable store sales on the ...