Stock Trading News
- Cebu Air, Hynix, Nanya Technology, Petron: Asia Ex-Japan Equities Preview Tuesday, July 19, 2011 @ 6:47PMThe following companies may have unusual price changes today in Asian trading, excluding Japan. Stock symbols are in parentheses and share prices are from the previous close, unless noted otherwise.
- Apple results strong; record iPhone, iPad sales Tuesday, July 19, 2011 @ 6:46PMThe iPhone is conquering Asia, the home of its strongest competitors. Sales there nearly quadrupled from a year ago and helped Apple Inc. trump analyst expectations for yet another quarter.
- Malaysian Market Poised To End Losing Streak Tuesday, July 19, 2011 @ 6:46PMThe Malaysian stock market has finished lower now in four straight sessions, shedding more than 25 points or 1.7 percent in that span. The Kuala Lumpur Composite Index finished just above the 1,555-point plateau, and now investors are expecting to see the market find some traction when it opens on Wednesday.
- J&J quarterly profit falls 20% Tuesday, July 19, 2011 @ 6:44PMJohnson & Johnson said its second-quarter profit dropped 20 percent compared to a year ago because of recalls, restructuring and research investments, among myriad factors affecting the global health care giant.
- Takeover Target? BioSante Attracts Deal Talks With Female Sex Drug Tuesday, July 19, 2011 @ 6:44PMEver since Pfizer’s ( PFE ) Viagra was introduced 13 years ago to treat erectile dysfunction, companies have been trying (and failing) to develop a female equivalent for low libido. A new drug LibiGel from BioSante Pharmaceuticals Inc. (
- Observers expecting more downside to the stock market Tuesday, July 19, 2011 @ 6:42PMPETALING JAYA: Anxieties over the eurozone debt and uncertainty over the United States debt-ceiling negotiations have caused investors to be more cautious and observers are expecting more downside to the stock market.
- Moynihan’s No-New-Capital Stance Draws Scrutiny After BofA Loss Tuesday, July 19, 2011 @ 6:41PMBrian T. Moynihan, who vowed that Bank of America Corp.’s strength would never be questioned again when he took the top job, found himself bombarded with queries yesterday about whether the bank needs to raise more capital.
- Yahoo 2Q revenue drop overshadows earnings gain Tuesday, July 19, 2011 @ 6:35PMYahoo drops ball again in 2Q as ad sales problems crimp revenue, trouble to linger in 3Q
- Rupert Murdoch hearing interrupted by foam pie attack Tuesday, July 19, 2011 @ 1:01PMRupert Murdoch appeared by turns vague, truculent, sharp and concise as he spoke alongside his son and deputy, James, calling the parliamentary inquisition "the most humble day of my career" but refusing to take personal blame for the crisis
- Traders take a punt on betting businesses Tuesday, July 19, 2011 @ 1:01PMConcerns over potential changes to gambling regulation in Britain have kept betting businesses under the whip of late, but punters piled in on Tuesday amid hopes the odds could lengthen on Germany overhauling ...
- Goldman Sachs earnings miss shocks investors Tuesday, July 19, 2011 @ 1:00PMWith Goldman Sachs and Bank of America trading near 52-week lows, investors are paying a lot of attention to earnings reports coming from the financial sector.
- Rally Gets Obama Bump As President Signals Progress In Debt Talks Tuesday, July 19, 2011 @ 12:59PMWall Street got an early rally from a big batch of corporate earnings Tuesday morning, and extended its advance after President Obama held a press conference that indicated an improved tenor to the state of negotiations over raising the debt ceiling.
- Southern Union accepts Energy Transfer bid Tuesday, July 19, 2011 @ 12:59PMNatural gas pipeline company Southern Union Co. on Tuesday agreed to be bought by Energy Transfer Equity for $5.7 billion, topping a bid from rival Williams Cos.
- Bank of America shares at two-year low below $10 Monday, July 18, 2011 @ 4:19PMBank of America shares hit a two-year low Monday. The stock fell 3.6 percent in midday trading, hitting a low of $9.53. It is the only large bank with a share price in the single digits.
- Thinking of Getting a Smaller Car? Wait Until Fall Monday, July 18, 2011 @ 4:13PMANN ARBOR, Mich. (AP) – Thinking of trading in the clunker in your garage for something that gets better gas mileage? Wait a little longer. Smal...
- IFG Group PLC - Annual Information Update Monday, July 18, 2011 @ 9:53AMIFG Group PLC - Annual Information Update
- Shares of Potash Corp, rivals slide as grain prices wilt Monday, July 18, 2011 @ 9:49AMTORONTO (Reuters) - Shares of Potash Corp and other fertilizer producers ebbed on Monday despite bullish industry data as a decline in U.S. corn and wheat prices signaled weaker demand for crop nutrients.
- The Ratings Game: LinkedIn downgraded after strong run-up Monday, July 18, 2011 @ 9:48AMJ.P. Morgan says social network’s valuation is main concern after shares topped $100 mark last week.
- BofA Needs $50 Billion Cushion as Mortgage Expenses Swell Monday, July 18, 2011 @ 9:48AMBank of America Corp. may have to build its capital cushion by $50 billion and renege again on Chief Executive Officer Brian T. Moynihan’s pledge to raise the firm’s dividend as mortgage losses drain funds.
- Greenhill Climbs as Profit Beats Estimates on Advisory Revenue Monday, July 18, 2011 @ 9:48AMGreenhill & Co., the investment bank founded by Robert Greenhill, climbed in New York trading after reporting second-quarter profit that exceeded analysts’ estimates, helped by advisory revenue.
- Australian stocks lower at noon Sunday, July 17, 2011 @ 10:29PMThe Australian market was lower at noon, with energy and consumer discretionary stocks down.
- SMIC Shares Fall in Hong Kong Trading After Wang Quits as CEO Sunday, July 17, 2011 @ 10:29PMSemiconductor Manufacturing International Corp., China’s biggest chipmaker, fell the most in almost two months in Hong Kong trading after David Wang resigned as chief executive officer.
- Macquarie share falls fan job cut calls, takeover talk Sunday, July 17, 2011 @ 10:24PMSYDNEY: A slide in the shares of Macquarie Group has rekindled calls for job cuts, share buybacks or a break...
- GLOBAL MARKETS-Stocks, euro struggle as investors turn risk-averse Sunday, July 17, 2011 @ 10:23PMHONG KONG: The euro and the U.S. dollar slipped to record lows against the Swiss franc on Monday, July 18...
- North Carolina Economist Offers A Brief Chronological Explanation of The Federal Financial Crisis In America: Sunday, July 17, 2011 @ 10:21PMAtlanta - Why Federal Spending and Debt Creates Speculative Bubbles And Not Authentic Economic Growth. July 15, 2011 http://bit.ly/rbiAOG
- Split-second traders aim to polish image Sunday, July 17, 2011 @ 10:19PMNEW YORK - For years they have operated in the shadows, often far from Wall Street, trading stocks at warp speed and reaping billions while criticism rose that they were damaging markets and hurting ordinary investors.
- Asian Markets Exhibit Mixed Trend Sunday, July 17, 2011 @ 10:16PMAsian stock markets are exhibiting a mixed trend on Monday with investors mostly treading cautiously amid worries about the financial situation in the U.S. and Europe. Though most of the markets in the region got off to a flat and slightly negative start, some of them have edged up and posted notable gains on support at lower levels.
- Macquarie weakness fans jobs cut talk Sunday, July 17, 2011 @ 9:54PMA slide in the shares of Macquarie Group has rekindled calls for job cuts, share buybacks or a break-up of the investment bank.
- Ayala, Chunghwa, Pos Malaysia, Samsung Life: Asia Ex-Japan Equity Preview Sunday, July 17, 2011 @ 6:13PMThe following companies may have unusual price changes today in Asian trading, excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.
- Clear grain exchange issues “not material”, says NZX Sunday, July 17, 2011 @ 6:04PMJuly 18 (BusinessDesk) – NZX Ltd., the New Zealand stock exchange operator, says the value of its Australian Clear grain exchange (CGX) remains unchanged after an urgent valuation exercise, and that its expected reduction in profitability this ...
- NZX audit clears market disclosure Sunday, July 17, 2011 @ 5:52PMStock exchange operator NZX has confirmed the value of its Clear grain exchange remains unimpaired after comments by CEO Mark Weldon came to light apparently casting doubt on its performance.
- Brooks’s reign of terror for hacks Sunday, July 17, 2011 @ 5:47PM“It was the kind of place you get out of and you never want to go back again.” That’s how one former reporter describes the News of the World newsroom under editor Rebekah Brooks, the ferociously ambitious titian-haired executive who ran Britain’s top-selling Sunday tabloid from 2000 to 2003.
- Kenya: New Listings Take the Buzz Off NSE Floor Sunday, July 17, 2011 @ 5:29PMThe twin listings of British American Insurance and TransCentury have taken a toll on existing shares in the stock market as investors take positions for the new offers, plunging market valuation to record lows.
- International markets news Sunday, July 17, 2011 @ 4:28PMNews from the world’s major stock markets.
- Latest News Sunday, July 17, 2011 @ 4:28PMA closed-door European Union-Uzbekistan human rights dialogue took place June 23-24, activists said, but nothing is known about it, nor is it certain to what extent the EU representatives in Tashkent or Brussels consult with domestic and international human rights groups.
- The Perfect Indicator for All Markets Saturday, July 16, 2011 @ 9:05AMOn-balance volume (OBV) is a proven-effective leading indicator that allows traders to spot turning
- "Reminiscences of a Stock Operator" cheat sheet. Part 2 Saturday, July 16, 2011 @ 8:50AMBy beta.hedge. Continued from Part 1. "Reminiscences of a Stock Operator" cheat sheet. Part 1 Read more » »
- The Fool Looks Ahead Saturday, July 16, 2011 @ 7:50AMPlaythings, pop, and perseverance will have starring roles in the week that lies ahead.
- News Corp. Scandal Claims Senior Executives as Probes Widen Saturday, July 16, 2011 @ 7:49AMNews Corp.’s phone-hacking crisis claimed two top newspaper executives as Chief Executive Officer Rupert Murdoch defended his handling of the scandal and the FBI began a U.S. probe of the company.
- Staten Island bank stock closings -- Friday, July 15, 2011 Saturday, July 16, 2011 @ 6:36AMAssociated Press PhotoFollowing are yesterday’s closing prices and share activity for six Island banks trading stock on the New York Stock Exchange, Over The Counter and Nasdaq markets: NAME SYMBOL DAY’S ACTIVITY Toronto Dominion (TD)Close: $83.11, up 54 cents New...
- Earnings report is good news for Google, CEO Thursday, July 14, 2011 @ 8:31PMLarry Page gets high marks from Wall Street while reporting a 36% jump in profit. Larry Page got a second chance to make an impression on Wall Street.
- Soft Start Tipped For Hong Kong Stocks Thursday, July 14, 2011 @ 8:31PMThe Hong Kong stock market has finished higher now in two straight sessions, adding nearly 280 points or 1.2 percent along the way. The Hang Seng Index finished just above the 21,940-point plateau, although now investors are bracing for renewed selling pressure when the market opens on Friday.
- Slice of Bega on offer Thursday, July 14, 2011 @ 8:29PMAN INITIAL share offering of Bega Cheese is expected to raise about $35 million for the South Coast cheese and dairy giant when it lists on the Australian Securities Exchange (ASX) later this month.
- Dialog rises on buying 51pc of Anewa Thursday, July 14, 2011 @ 8:28PMDialog Group Bhd, a Malaysian oil and gas services provider, rose the most this month in Kuala Lumpur trading after agreeing to buy a 51 per cent stake in Anewa Engineering Pte, an Indian outsourcing company. The stock gained 1.2 per cent at 9:15 a.m. local time, set for its biggest increase since June 30. -- Bloomberg
- Hua Yang gains on bonus issue plan Thursday, July 14, 2011 @ 8:28PMHua Yang Bhd, a Malaysian property developer, rose to a record in Kuala Lumpur trading after proposing a one-for-three bonus share issue. The stock gained 3.4 per cent to RM1.82 at 9:02 a.m. local time. -- Bloomberg
- Daya Materials climbs on building job Thursday, July 14, 2011 @ 8:28PMDaya Materials Bhd, a Malaysian oil and gas services provider, rose the most in five months in Kuala Lumpur trading after winning a RM120 million building contract. The stock climbed 7.5 per cent to 21.5 sen at 9:10 a.m. local time, set for its biggest gain since Feb. 2. -- Bloomberg
- BHP targets more shale gas in US deal Thursday, July 14, 2011 @ 8:25PMBHP Billiton is continuing its move into the booming shale gas industry in the United States with a $US15.1 billion ($A14.13 billion) takeover of Petrohawk Energy.BHP and Petrohawk have agreed to the takeover, ...
- FOCUS: Gold Could Rally If U.S. Debt Ceiling Talks Falter Thursday, July 14, 2011 @ 12:31PM14 July 2011, 1:26 p.m. By Debbie Carlson Of Kitco News http://www.kitco.com/
- South Korea, Colombia and Panama Trade Agreements Will Kick Start Southern California’s Economy and Job Growth Thursday, July 14, 2011 @ 12:30PMTrade agreements with South Korea, Colombia and Panama would boost economic growth and job creation in Southern California, the head of the business association of chief executive officers of leading U.S. companies said today.
- PSE okays extended trading time Thursday, July 14, 2011 @ 12:28PMThe Board of Directors of the Philippine Stock Exchange, Inc. (PSE) approved new trading hours in its meeting held on Wednesday.