NEW YORK — The guessing game over higher interest rates is making for a jerky stock market.A day after their biggest gain in six weeks, stock indexes mostly fell on Tuesday as oil continued to slide and investors fretted over when the Federal Reserve will raise a key borrowing rate. The Fed kicked off a two-day meeting on Tuesday to […]
The Budapest Stock Exchange restored limited trading rights in the derivatives section for Quaestor Securities. The brokerage may only close positions, the bourse said. On Tuesday, the BSE suspended Quaestor’s trading rights after the National Bank of Hungary partially suspended the brokerage’s licence. Later in the day, the central bank and financial market watchdog put an oversight commissioner in charge […]
Industrials
General Motors Company (GM) Stock Trading At 10.5% Discount: Citi
Citi analysts believe General Motors Company stock should trade higher; boost price target to $50
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By: Larry DarrellPublished: Mar 10, 2015 at 1:18 pm EST
In a report published Tuesday, Citi lifted its price target on General Motors Company (NYSE:GM) stock by $1 to $50, and reiterating a Buy rating. The sell-side research […]
Eurozone backs Greek reforms, enabling €172bn rescue extensionPublished time: February 24, 2015 09:43Edited time: February 24, 2015 15:03Get short URLReuters / Yves HermanTagsFinance, MarketsGreece’s eurozone creditors have approved the reform plan it put forward, which paves the way for the country’s €172 billion bailout to be extended until June.“National procedures for extension of the Greek programme can begin,” EU Euro […]
apStocks edged up to new highs on Tuesday thanks, in large part, to a blip at the closing bell that pushed the major averages out of negative territory. As of yesterday’s close, the major averages are all up more than 5 percent, with the S&P 500 crossing the 2,100 level for the first time.Read Full Article ››TAGGED:Stocks
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A Stock Market Alarm […]
FactSet Year-over-year change in real GDP (blue) compared with S&P 500 (black) Slide 1 of 8If it’s all about the economy, stupid, then stock-market bulls may want to think twice about betting on further gains.Many chart watchers say the financial markets are always right. They believe markets move before trends in fundamental data change, because market prices reflect all the […]
Stocks closed mixed Tuesday, lead by large cap indexes. Trading volume was light as we continue to chug-along here near highs. Biotechs were back to their winning ways as the Nasdaq Biotech index nears all time highs. Leading stocks generally outperformed, albeit by a smaller margin. CYBR extended it’s earnings related gains, yet VDSI swung wildly after announcing it’s earnings. […]
Brendan McDermid | ReutersTraders on the floor of the New York Stock Exchange.Insider selling jumped in the last week as executives looked to cash in on their companies after earnings came out.Vickers Stock Research’s “Total Eight-Week Sell/Buy” ratio, a comprehensive tracking of executive buying and selling, increased in the last week, with more than three sales for every purchase. To […]
Technology
Why Yelp Inc (YELP) Stock Is Trading Up By 7.11% Today
Yelp announced upward revision in 1QFY15 and FY15 guidance, following which the stock traded up by around 7.11%
YELP
By: Joshua GriffinPublished: Feb 10, 2015 at 11:22 am EST
Yelp Inc (NYSE:YELP) announced on Tuesday that it was raising the guidance for the first quarter of fiscal 2015 (1QFY15) and financial year 2015 […]
Wednesday’s sessions was volatile marked by a sharp spike down in the closing moments of the day as news broke that the European Central Bank revoked a waiver that allowed banks to use Greek government debt as collateral for loans. The decision will force Greek lenders, who since 2010 had been able to access funds from the ECB against junk-rated […]
