Latest Articles

Third Quarter Earnings Season Starts

16 October 2014 - Features - Editor

JP Morgan Chase started the ball rolling in third quarter earnings for the banking sector, reporting $5.57 billion third quarter profit – results much different from the $380 million loss reported for the same period last year. A boost to the fixed income trading unit of the nation's largest bank was one of the motivating factors behind the turnaround, as fixed income revenues rose 2.1 percent year-on-year to beat analysts' forecasts. Earnings were weakened by the $1.1 billion reserved for legal costs*, resulting in a drop of 26 cents per share. Nonetheless, JP Morgan's results have raised investors' hopes that other Wall Street financial institutions will present favorable results in the coming weeks.

Netflix reported third quarter earnings on Wednesday and despite figures matching or exceeding the company's and Wall Street's forecasts, shares took a tumble after hours, apparently due to dissatisfaction over the number of new subscribers gained over the past three months. Netflix shares dropped 26 percent to $331.41 per share after reporting 96 cents per share earnings and revenue of $1.41 billion. Pricing fluctuated during the day and ended down 0.12 percent at the conclusion of trading. It has been speculated that Netflix investors may ...

Continue Reading | More in Features

Ethical Investing and Shareholder Activism - 6 Oct 2014 - Features

A growing number of investors are building investment portfolios that include companies considered to be ethical – in their products, services, carbon footprint, social responsibility and other criteria relating to environmental, social and corporate governance (ESG) . While it's clear that the whole point of investing is to make money, there is a group of investors who believe that there is money to be made while sticking to their principles. Moreover, with the increased demand for transparency in publicly traded companies, dodgy dealings are difficult to get away with and can result in billions of dollars in litigation and payouts that inevitably have an impact on shareholders. ..

Continue Reading | More in Features

Fed Interest Rate Policy Boosts Markets - 18 Sep 2014 - Markets

Major indexes on Wall Street responded positively Wednesday to indications from the Federal Reserve that it intends to keep its near-zero short-term interest rate for a while still. The Dow Jones industrial average ended the day up 24.88 points (0.2 percent) at 17,156.85, being a record high for the year, while the S&P 500 climbed 2.59 points (0.1 percent) to 2,001.57, a figure just short of its September 5 high of 2,007.71. The Nasdaq composite gained 9.43 points (0.2 percent) to close at 4,562.19...

Continue Reading | More in Markets

Ponzi Schemes Remain a Threat to Investors - 4 Sep 2014 - News

Hi-yield investment and Ponzi schemes remain among the top threats to investors and small business owners according to a list compiled by security regulators in the North American Securities Administrators Association (NASAA). Despite the name-and-shame publicity given to various scammers, investors continue to be drawn in by promises of high rates of returns, giving scam artists the opportunity to fleece investors...

Continue Reading | More in News

Hot Discussions On Our Forums

Does Anyone Believe Goldman Sachs And The Fed Are Not One In The Same? Today, the big news report in the financial media is that Goldman Sachs Group Inc (NYSE:GS) has f...By johnitms

Watch List: GoPro, Cliffs Natural Resources Cliffs Natural Resources Inc (NYSE:CLF) and GoPro Inc(NASDAQ:GPRO) are both putting in potential ...By johnitms

Canadian Natural Resource Ltd Setting Up For Fall The price of crude oil has been in a downtrend now for about 3 months. With this decline oil stoc...By johnitms

Cree, Inc. Breaking Key Level: Drop Likely Cree, Inc. (NASDAQ:CREE) has just broken a key level on the daily chart. This will likely see a p...By johnitms

Join our Forums

Latest Headlines

Dow jumps 421 points. Best day since 2011 After a brutal start to the month, the Dow surges 420 points for its best day in over three years

Meet CNNMoney's Tech 30 stock index Read full story for latest details.

What's wrong with Google? Read full story for latest details.

Brought to you by Yahoo

Stock Exchange Quick Search

Latest News Videos

Latest Articles

More Articles >>