Just go with it.
Investors yanked $2 billion from Janus Capital (JNS) last quarter. Sarah Krouse, The Wall Street Journal. Getty Images Libor rates are high enough that even if the Fed raises rates, it might not have to increase the rate it pays banks to hold their cash. Amey Stone, Barrons.com. Rhode Island is withdrawing money from seven […]
Gold retreated from its recent three-week high on Wednesday as investors fretted about an interest rate increase. Gold for October delivery lost $7.10 per troy ounce, or 0.56%, to $1264.80. Silver for October delivery was also lower, losing 15.10 cents per troy ounce, or 0.85%, to $17.5850 today.
Here are two stocks in bullish patterns and two in bearish patterns for traders looking to play both sides of the market. New Oriental Education & Technology Group (EDU) had a strong session on Tuesday, up $4.63, or nearly 10%, to $53.06, on 2 million shares traded. The Chinese for-profit education company topped fiscal first […]
Shares of virtualization software pioneer VMware (VMW) are up $1.44, or 2%, at $74.75, after the company this afternoon reported Q3 revenue and profit that topped analysts’ expectations. Revenue in the three months ended in September rose 6%, year over year, to $1.78 billion, yielding EPS of $1.14, excluding some costs. Analysts had, on average, […]
So JPM is doing to the FT what BofA did to Dealbreaker? Cool, cool, cool.
This man is an affront to their lifestyle.
Shares of hard disk drive and NAND flash maker Western Digital (WDC) are down 47 cents, or 0.8%, at $56.05, in late trading, despite the company this afternoon reporting fiscal Q1 revenue and profit that topped its own pre-announcement of on September 7th. Revenue in the three months ended in September came in at $4.7 billion, yielding […]
Shares of IT helpdesk cloud computing software operator ServiceNow (NOW) are up $3.60, or almost 5%, at $83, in late trading, after the company this afternoon reported Q3 results that topped analysts’ expectations, and forecast this quarter’s revenue higher as well. Revenue in the three months ended in September rose 37%, year over year, to […]
Following Microsoft’s (MSFT) Windows and Surface event in Manhattan earlier today, Cowen & Co.’s Gregg Moskowitz is one of the first Street observers to weigh in on what he saw at the show, concluding that none of the announcements were...Show More Summary
Earnings fun continues this afternoon with Western Digital (WDC), VMware (VMW), Infinera (INFN), Texas Instruments (TXN), ServiceNow (NOW), F5 Networks (FFIV), and several others. Among select equity research notes today, Mizuho’s Abhey Lamba, who has a Neutral on VMware stock, and a $66 price target, writes that his “checks suggested strong renewal activity despite long […]
It can be fun to rank business schools. Not as fun as it is to […]
Philly Fed state coincident data came out today and more states across the country are starting to contract. Looking at the snapshot below, positively growing states still dominate the map (and don't give much of an alarming picture), but a different story emerges...
Bloomberg: Losses Accelerate for Europe Stocks on Earnings Disappointments. (video) European shares slid for a third day on growing worries about the health of the region’s companies as energy producers suffered from declines in oil prices. Show More Summary