This Blog is also available as an RSS Feed

News

  • Wal-Mart Tops Fortune 500 - 5 June 2014
  • First published in 1955 by Fortune magazine, the Fortune 500 ranks the top 500 privately held and publicly traded companies in the United States by gross revenue. Created by Fortune editor Edgar P. Smith, the report only lists companies that make their revenues publicly available, and gross revenue excludes excise taxes incurred by individual companies. In addition to the Fortune 500 list, Fortune magazine also compiles the Fortune Global 500, Fortune India 500, 40 under 40, and Fortune 500 Computer Software and Information Companies. Initially the Fortune 500 was restricted to companies in the manufacturing, mining and energy exploration sectors, but in 1994 the magazine included service companies, resulting in 291 new entrants on the list, three of which were counted in the Top 10 – Wal-Mart Stores Inc., AT&T Corp., and Sears, Roebuck & Co.

  • FOMC Minutes Boost Market - 22 may 2014
  • Stocks on Wall Street rebounded Wednesday, partly in response to minutes from the Federal Open Market Committee's meeting held on April 29-30 which were released in the afternoon. The Dow Jones industrial average climbed 158.75 points to close at 16,533.06, while the Standard & Poor's 500 rose 15.20 points to 1,888.03 and the Nasdaq composite index gained 34.65 points to 4,131.54. The Russell 2000 index for small-company stocks also picked up by 5.73 points to close at 1,103.63. All ten of the S&P 500's industry sectors rose, with consumer discretionary and energy stocks in the lead. While not to the extent experienced in 2008, the market has been seesawing day-to-day for up to 60 percent of the time since the beginning of the year.

  • Pharmaceutical Sector Shake-up - 8 may 2014
  • In an effort to boost share prices and profits, thereby keeping shareholders satisfied, major pharmaceutical companies are currently negotiating mergers, acquisitions and hostile takeovers which will essentially narrow their focus, allowing them to specialize in various fields. This latest trend of divesting assets is quite a turnaround from a few years ago when drug companies were diversifying through acquisitions to avoid an 'eggs-in-one-basket' scenario. Analysts note that deals currently underway are focusing on cutting costs and boosting sales to produce results investors have come to expect based on performance over the last two decades or so. However, the bullish activity in the pharmaceutical sector has been driven, in large part, by marketing of new products. With patents expiring and generic medicines flooding the market, many drugmakers have seen their revenue level out, or dip in recent months and will be hard-pushed to match past performances.

  • Facebook, Apple Exceed First Quarter Expectations - 24 April 2014
  • Six days of gains on Wall Street came to an end Wednesday with the S&P 500 index slipping 0.2 percent to 1,875, the Dow Jones industrial average losing 0.1 percent to close at 16,502, and the NASDAQ Composite closing at 4,127 – a decline of 0.8 percent. Facebook shares closed down more than 2 percent at $61.36, but after the closing bell were up $1.50, boosted by the release of the company's quarterly results. Facebook's success in the first quarter of 2014 is being attributed primarily to strong growth in the social media company's mobile advertising business, with revenue climbing by 72 percent to $2.5 billion, exceeding analyst expectations of $2.36 billion.

  • Markets Boosted by Fed's Interest Rate Stance - 10 April 2014
  • Markets responded positively Wednesday to minutes of the Federal Reserve's recent policy meeting which revealed that the central bank aims to keep interest rates low. This came as somewhat of a surprise to many investors and served to boost fragile investor sentiment. All three of Wall Street's major stock indexes closed the day up more than 1 percent, with eight of the ten Standard & Poor's 500 stock index sectors closing higher. The S&P 500 rose 20.22 points (1.1 percent) to close at 1,872.18, while the Dow Jones industrial average climbed 181.04 points (1.1 percent) to close at 16,437.18. The Nasdaq composite index increased by 70.91 points (1.7 percent) to close at 4,183.90. The day's biggest increases were among biotechnology and internet stocks.

  • King Digital Entertainment IPO Disappoints - 27 March 2014
  • With a reported net worth of $76 billion, founder of Microsoft Bill Gates is back at the top of the annual Forbes Billionaires list, having held that position for fifteen of the past twenty years. Second on the list, CEO of Oracle Larry Ellison has a reported net worth of $48 billion, followed by Google CEO Larry Page at $32.3 billion. Fourth in line is Amazon founder Jeff Bezos with $32 billion, followed closely by Google's Sergey Brin with $31.8 billion and Facebook CEO Mark Suckerberg with $28.5 billion – an noteable comeback after Facebook's disastrous 2012 IPO. Interestingly, at number eight with a net worth of $17.5 billion is Michael Dell, who removed his company from the stock market in October 2013.

  • Wall Street Bonuses Cause a Stir - 13 March 2014
  • Figures released Wednesday by New York State Comptroller, Thomas DiNapoli, revealed that bankers on Wall Street enjoyed an average increase of 15 percent on their annual bonuses for 2013. While this works out to an average bonus of $164,530 it should be noted that the bonus pool of $26.7 billion in 2013 includes all staff members, from the most junior to the most senior, and was reportedly padded out by compensation that had been deferred from previous years. Nonetheless, news of Wall Street banker bonuses climbing 15 percent while, for example, profits from NYSE broker-dealer operations fell 30 percent in 2013, lends credence to the call for regulators to tighten up on banks.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 >


Bookmark and Share

jalith: need the information how to start invest in stock market...
www.stockmarkets.com/personal-finance/


StockMarkets.com Team: Thank you for visiting StockMarkets.com. We do not represent the South Pacific Stock Exchange, so pl...
www.stockmarkets.com/exchanges/australasia/south-pacific-exchange/


milika: Can you please give me the listed companies that are in SPSE for my assignment purpose because it is...
www.stockmarkets.com/exchanges/australasia/south-pacific-exchange/


bob: you make loud boasts , but can you show me the opening and closing of the market indexs in South Ame...
www.stockmarkets.com/exchanges/south-america/


kennedy edahdike: with a dynamic emerging global power,a bouyant stock market is a sine qua non for develpoment,the po...
www.stockmarkets.com/exchanges/asia/chinese-stock-exchange/