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U.S. Markets Recover From Early-Day Losses As Japan's Economy Contracts
Monday, November 17, 2014 - 5:46pm | 862Read More...U.S. markets opened in negative territory to start the week following news reports that Japan's economy unexpectedly contracted in the third quarter. U.S. stocks rebounded after the European Central Bank's President Mario Draghi stating that the central bank remains "unanimous in...
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Jana Partners 13F Filing Shows Moves In Alibaba & Other Big Names
Friday, November 14, 2014 - 12:34pm | 411Read More...In a 13F filing report on Friday, activist hedge fund Jana Partners reported all positions it held as of September 30, 2014. Jana Partners closed out positions in the following: Sold 200,000 shares of CBS Corporation (NYSE: CBS) class A shares and 4,127,149 shares of CBS Class B shares....
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Yellen's Speech Not Enough To Keep Dow, S&P 500 In Positive Territory
Friday, August 22, 2014 - 4:36pm | 2164Read More...U.S. stocks were mostly lower as the tense situation in Ukraine was brought back in the spotlight following a report from NATO who observed an alarming rise in Russian forces near the Ukraine border. Speaking at Jackson Hole, Fed Chair Janet Yellen stated that 19 labor market indicators the Fed...
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Barron's Recap: Beware the Zillow Merger
Sunday, August 10, 2014 - 5:13pm | 739Read More...This weekend in Barron's online: a look at the Zillow-Trulia merger, as well as the prospects for Terex, Sterling Bancorp, master limited partnerships and more. Cover Story "Pricey Fixer Upper" by Bill Alpert. The merger of real estate websites Zillow (NASDAQ: Z) and Trulia (...
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Bulls Take A Break As Dow's Winning Streak Ends At 7 Days
Monday, June 23, 2014 - 4:40pm | 2213Read More...U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...
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#PreMarket Primer: Tuesday, June 17: US Considering Air Strikes In Iraq
Tuesday, June 17, 2014 - 7:13am | 1213Read More...US President Barack Obama met with his top national security advisers on Monday to discuss how to move forward in Iraq. Sunni insurgents have taken control of much of the north of the nation and have been joined by several other groups that oppose oppression by Maliki. The UN has said that...
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Market Wrap For May 30: 'Sell In May And Go Away' Proves To Be Bad Advice
Friday, May 30, 2014 - 4:30pm | 1763Read More...U.S. stocks were mostly higher on the final trading day of May, as both the S&P 500 and Dow indices close at record highs, despite disappointing consumer spending data reported on Friday morning. Loretta Mester, the soon to be Cleveland Fed President argued in a speech the importance of...
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Market Wrap For May 23: Markets Marginally Higher; S&P 500 Closes Above 1,900
Friday, May 23, 2014 - 4:39pm | 1787Read More...U.S. stocks were little moved with the news-flow light, as would be expected prior to a long-weekend. In fact, Thursday's trading session proved to be the second lowest volume day of 2014. The S&P 500 closed above 1,900 and came within striking distance of matching its intraday all time...
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Market Wrap For May 20: Markets Sharply Lower On Fed Talk, Disappointing Earnings
Tuesday, May 20, 2014 - 4:42pm | 2471Read More...U.S. stocks declined following troubling words from a Federal Reserve official. In a speech delivered Tuesday, the Fed's Charles Plosser hinted that the Federal Reserve should reduce the pace of its asset purchases in measured steps but an increase in interest rates “may come sooner than many...
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Market Wrap For May 13: Markets Close Again At Record Highs
Tuesday, May 13, 2014 - 4:36pm | 2460Read More...U.S. stocks were mixed as a positive measurement of small business sentiment offset a disappointing retail data set. Following Monday's action, the S&P 500 and Dow indices not only traded at new historical-all time highs, but closed at record highs. In fact, the S&P 500 briefly traded...
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Market Wrap For May 12: Dow And S&P Close At Record Highs
Monday, May 12, 2014 - 4:37pm | 2248Read More...U.S. stocks rose as both the Dow and S&P 500 indices closed at record highs. With over 90 percent of S&P 500 companies reported earnings, investor focus has shifted to renewed merger and acquisition activity that provides a higher level of confidence that the economy is expanding. The...
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Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331Read More...U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
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Market Wrap For January 14: Markets Rebound On Earnings Season Kickoff
Tuesday, January 14, 2014 - 6:19pm | 2515Read More...Major indices reversed Monday's losses and posted strong gains following a better than expected retail sales report and a luke-warm start to earnings season. Related: Stocks Higher, But Dollar Indecisive After Retail Sales Release Philidalphia's Fed chief Charles Plosser said that he wants QE...
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News Summary for May 24, 2011
Tuesday, May 24, 2011 - 8:58am | 348Read More...This is your morning news summary from Benzinga for Tuesday, May 24th, 2011, covering overnight and pre-market news affecting today's trading session. Stock index futures are pointing to a slightly higher open today after a negative session to the start of the week. On Monday, euro zone debt...













