The carrier of commodities such as coal and iron ore plunged 11 percent on record volume of more than 12 million shares. Option activity surged to 10,804 contracts versus the 1,003 daily average, as investors piled into puts that positioned for more downside.
Many consider Wednesday's Nielsen IPO to be a referendum on their business. Don't. Because there's a much bigger story at work, and if you listen carefully, it could make you a lot of money.
The market is up roughly 3 percent in January, but expect stocks to consolidate in February, warned Tobias Levkovich, chief U.S. equity strategist at Citi.
The market is due for a correction in the near-term, but use the opportunity to buy, as stocks will soon rebound thereafter, according to chief technical strategists Ryan Detrick of Scaheffer’s Investment Research and Mark Arbeter at S&P.
The IPO market might not be booming, but there's no doubt, it's alive and getting stronger. This week, eight companies are expected to price. Next week, there are 10.
Rising food prices are probably a threat to your portfolio. Because they mean slower world growth at a time when the recovery is still patchy.
A week ago, Michelle Leder at Footnoted, a Morningstar site, put out her Top 10 list based on the kinds of things she looks at in regulatory filings.
Silver coin sales have been on a tear in recent months and can be used as an economic indicator to show a lack of confidence in the U.S. monetary policy, said Nicholas Colas, chief market strategist at ConvergEx.
Salesforce.com, a leader in customer-relationship software, is a poster child of positioning itself as a non-GAAP company. Wall Street obliges by valuing the stock on earnings excluding options and such things as the accretion of debt. These are, after all, non-cash expenses—as if they just vanish into thin air. (Sarcasm, intended.)
There are still a lot of opportunities for investors to make money right now, said Eric Thorne, senior portfolio manager and investment advisor at Bryn Mawr Trust Wealth Management, and Paul Simon, CIO of Tactical Allocation Group.
Jim McCaughan, CEO of Principal Global Investors, also said that developing countries have underperformed in the last few weeks amid concerns over inflation—but are still a “buy.”
In the case of Travelers, many investors are betting that its massive book of bonds, much of which is composed of municipal credits, will soon see impairments—hence the stock trading at a discount to its book value.
India’s movie industry is the largest in the world in terms of ticket sales and movies produced. Click ahead to see who are Bollywood's top-earning celebrities.
China may be a growing economic powerhouse, but its increasing prominence on the global stage has also seen a rise of Chinese stars in the West.
If it comes next week as planned, Demand may be the first $billion-plus Internet IPO since Google. But Google's crackdown on so-called content farms could affect the company.
Earnings of Dow stocks Procter & Gamble, Kraft and Johnson & Johnson will be scoured the most by billionaire investor Warren Buffett, whose Berkshire Hathaway is among the top four shareholders of each. Those three companies, and the other Dow consumer-goods stock McDonald's, will start reporting earnings Jan. 24. ...A report from TheStreet.
The company has spent more than $6 billion in acquisitions in recent months, and investors have been attracted to its 3 percent dividend yield as well as its growth prospects.
One-day drops of 10 percent, 20 percent—even 50 percent—aren’t uncommon in these (I like to call) high-wire-act names. If you were ever looking for proof of a momentum-driven market, otherwise known as a lack of conviction in weak hands, these drops prove it.
Markets are probably due for a pullback in the near-term, but for the first half of 2011, stock are going to move higher, said Andrew Kanaly, chairman of Kanaly Trust Company.
Despite gold’s recent correction, investors should still look into ways to get into the precious metal as it will soon see a rally, said Doug Roberts, chief investment strategist at Channel Capital Research.