Business News
Tuesday Sector Leaders: Energy, Materials
Forbes - 9 Dec 2014 21:36
In afternoon trading on Tuesday, Energy stocks are the best performing sector, up 1.3%. Within that group, Newfield Exploration (NYSE: NFX) and Diamond Offshore Drilling (NYSE: DO) are two large stocks leading the way, s...
G4S shrugs off market turmoil
Telegraph - 9 Dec 2014 21:47
The security services group was one of just six risers in the benchmark FTSE 100
Newest F-35 Problem: Fuel Gets Too Hot in the Sun
NBC News - 9 Dec 2014 22:02
The F-35 fighter's long road toward deployment has hit a new, unexpected bump.
Too Much Insider Access To Critical Data Is A Growing Risk
Forbes - 9 Dec 2014 13:32
Corporate boardrooms are all talking about cyber security and risk - but they may be overlooking the obvious. A report just out reveals that 71% of employees in a new survey say that they have access to data they should ...
FTSE 100 shaken by Tesco and oil worries
Telegraph - 9 Dec 2014 13:02
London's index of leading shares slumped following the grocer's profit warning and another drop in oil
Fannie Mae and Freddie Mac unveil mortgages with 3% down payment
L.A. Times - 9 Dec 2014 04:52Gas prices to head lower as oil in a tailspin
USA Today - 9 Dec 2014 02:15
Gas prices likely to accelerate slide on renewed fall in crude oil.
Here's The Salary You Have To Earn To Buy A Home In 15 Major US Cities
Business Insider - 9 Dec 2014 22:29
Mortgage website HSH.com has updated its estimate of how much annual income a household would need to buy a home in major cities in the US according to Q3 data. The site looked at median home prices from the National A...
Cash Dividend On The Way From HSBC Holdings Adjustable Rate Cumulative Preferred Stock, Series D
Forbes - 9 Dec 2014 20:58
On 12/11/14, HSBC Holdings plc's Adjustable Rate Cumulative Preferred Stock, Series D (NYSE: HUSI.PRD) will trade ex-dividend, for its quarterly dividend of $0.2812, payable on 1/2/15. As a percentage of HUSI.PRD's recen...
Brent Hits Five-Year Low Below $66 On Oversupply Worries
IBTimes - 9 Dec 2014 11:31
(Reuters) - Benchmark Brent crude slipped on Tuesday to its lowest in five years, dropping below $66 a barrel after plunging more than 4 percent the day before on worries of a swelling supply glut. Oil prices are likely ...
Paul B. Farrell: 'Madness Gene' in all of us is wrecking the economy, destroying the Earth
Market Watch - 9 Dec 2014 07:02
Our "Madness Gene" is having disastrous implications for all seven billion humans on the planet. Most especially for economists, financiers, investors and politicians, our capitalist leaders. But as yet, the long-term ne...
Department of Justice Lawsuit Claims Deutsche Bank Created 'Shell Companies' To Engage In US Tax Fraud
IBTimes - 9 Dec 2014 01:31
Germany's Deutsche Bank, already awash in lawsuits, can add another legal fight to its plate. The U.S. government on Monday said it is suing the Frankfurt bank for committing federal tax fraud, according to news reports....
How Things Will Change With Facebook's (FB) Privacy Basics Tool
Bidness etc. - 9 Dec 2014 23:45
Facebook Inc (NASDAQ:FB) will update its terms of service and policies pertaining to the privacy settings effective from January 1, 2015 and onwards. The terms of service will be updated to help users understand how to p...
Funds Added To Michael Kors Holdings Positions
Forbes - 9 Dec 2014 23:14
At Holdings Channel, we have reviewed 3,603 13F filings for the 09/30/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...
CIA Torture Report Details Millions In Government Spending On 'Wish Lists,' Employee Rewards And Gifts To Foreign Governments
IBTimes - 9 Dec 2014 22:31
The CIA's Detention and Interrogation Program cost hundreds of million dollars to operate, according to the report released on Tuesday. And in many cases, the CIA spared no expense, telling its officers to make "wish lis...
Fed proposes extra capital cushion for 8 big US banks
livemint.com - 9 Dec 2014 22:05
Most of banks, which include JPMorgan Chase and Goldman Sachs, will need more capital under Fed's proposal than under similar rule by global regulators
Tuesday Sector Laggards: Healthcare, Financial
Forbes - 9 Dec 2014 21:41
In afternoon trading on Tuesday, Healthcare stocks are the worst performing sector, showing a 0.5% loss. Within that group, Merck (NYSE: MRK) and Cardinal Health (NYSE: CAH) are two large stocks that are lagging, showing...
Ford Shares Revved Up For Strong 2015
Forbes - 9 Dec 2014 21:12
Shares of Ford (F) could trade at least twenty percent higher by June 2015 if the stock market continues to rise and the price of oil continues to fall. Even if neither of those things happen, Ford may still surprise inv...
How small shops can compete with large retailers
BusinessZONE - 9 Dec 2014 14:18Ex-Madoff manager gets 10-year prison sentence
USA Today - 9 Dec 2014 01:48
Madoff's former operations manager is the first of 5 ex-employees to be sentenced.
Intel is swarming wearables as part of its Internet of Things strategy
Venture Beat - 9 Dec 2014 23:00
Intel's Mike Bell will leverage the Internet of Things platform to make better wearables.
Kansas Gov. Brownback's Budget Shortfall Solution: Spending Cuts!
TPM - 9 Dec 2014 22:40
Kansas Gov. Sam Brownback (R) on Tuesday unveiled his plan to solve his state's serious financial woes: dramatic budget cuts to state agencies by 4 percent and move $201 million from specific funds to Kansas's general fu...