Stock Market

  • Aust shares edge slightly higher AAP - 4 hours ago

    The Australian share market has opened slightly higher as strong commodity prices help offset negativity around US President Donald Trump's protectionist agenda. The benchmark S&P/ASX200 was up 0.06 per cent at 5,614.3 points at 1025 AEDT with the mining-related materials sector leading gains followed closely by the healthcare sector. CMC Markets chief market analyst Ric Spooner said Wall Street was down only slightly overnight, suggesting that the Australian share market's sell-off on Monday over US President Donald Trump's economic agenda may have been "overshot".

  • Aust stocks slightly higher AAP - Thu, Dec 22, 2016 12:17 PM AEDT

    The Australian share market is slightly higher on low volumes as trading winds down ahead of Christmas. There's nothing outstanding though," Phillip Capital senior client adviser Michael Heffernan said. Mr Heffernan said it was "just the absence of bad news" driving the market on Thursday.

  • Minerals Technologies Appoints Alexander Masetti, Vice President & Managing Director, Paper PCC ACN Newswire - Thu, Mar 19, 2015 11:23 PM AEDT

    NEW YORK, March 19, 2015-Minerals Technologies Inc. ( NYSE: MTX ) announced today that its Board of Directors has appointed Alexander MasettiĀ Vice President and Managing Director of its Paper PCC business ...

  • Europe closes mixed; FTSE rallies after Budget speech CNBC - Thu, Mar 19, 2015 3:30 AM AEDT

    European equities closed mixed on Wednesday as investors await the outcome of the U.S. Federal Reserve's two-day policy meeting.

  • European stocks open higher AFP - Mon, Mar 16, 2015 9:35 AM AEDT
    European stocks open higher

    Europe's main stock markets rose at the start of trading on Monday, with London's benchmark FTSE 100 index of top companies up 0.26 percent to 6,758.23 points. The CAC 40 in Paris climbed 0.17 percent ...

  • Europe shares close flat; FTSE higher on Asos, TSB CNBC - Fri, Mar 13, 2015 3:30 AM AEDT
    Europe shares close flat; FTSE higher on Asos, TSB

    European equities closed flat on Thursday, as investors reacted to earnings and banking news.

  • Banks roll out spending plans AAP - Thu, Mar 12, 2015 10:32 AM AEDT

    American Express Co - will buy back up to $US6.6 billion ($A8.71 billion) in stock and raise its dividend to US29 cents from US26 cents. Capital One Financial Corp - plans to buy back $US3.13 billion in stock and raise its dividend from US40 cents from US30 cents. Citi - will buy back up to $US7.8 billion in stock and raise its quarterly dividend to US5 cents from US1 cent. Comerica Inc - will buy back up to $US393 million in stock and raise its dividend to US21 cents from US20 cents.

  • Falling euro boosts European stocks; Adecco up 6% CNBC - Thu, Mar 12, 2015 3:43 AM AEDT
    Falling euro boosts European stocks; Adecco up 6%

    European equities closed higher on Wednesday, bouncing back heavy losses seen in the previous session.

  • European stocks finish sharply lower, Credit Suisse surges CNBC - Wed, Mar 11, 2015 3:31 AM AEDT
    European stocks finish sharply lower, Credit Suisse surges

    Europe closed sharply down on Tuesday, as the sell-off in US stocks gained momentum, with investors spooked by oil price weakness and dollar strength.

  • Don't wait for the IPO: How to buy hot start-ups CNBC - Wed, Mar 11, 2015 1:57 AM AEDT
    Don't wait for the IPO: How to buy hot start-ups

    Just because start-ups like Kabam and ZocDoc are staying private longer than past tech companies, average retail investors aren't totally shut out.

  • What bubble? Nasdaq uptrend to continue CNBC - Tue, Mar 10, 2015 10:09 AM AEDT
    What bubble? Nasdaq uptrend to continue

    Market talk of a bubble and possible 2000-style crash is rampant with the Nasdaq hovering around the 5000 level, but investor worries are overblown as charts suggest the uptrend will continue.

  • Europe shares end mixed after US jobs data CNBC - Sat, Mar 7, 2015 3:31 AM AEDT
    Europe shares end mixed after US jobs data

    Europe shares end mixed after US jobs data

  • Alibaba may slip back to IPO price: Analyst CNBC - Fri, Mar 6, 2015 7:29 AM AEDT
    Alibaba may slip back to IPO price: Analyst

    The Chinese e-commerce giant has seen "tremendous volatility," but still holds promise long term, KKM Financial's Jeff Kilburg said.

  • Europe shares end higher as ECB meeting approaches CNBC - Thu, Mar 5, 2015 3:44 AM AEDT
    Europe shares end higher as ECB meeting approaches

    European equities finished higher on Wednesday as investors geared up for the European Central Bank's policy meeting on Thursday.

  • Alibaba to open US data center in new challenge to Amazon AFP - Wed, Mar 4, 2015 5:49 PM AEDT
    Alibaba to open US data center in new challenge to Amazon

    Chinese online giant Alibaba will open a data center in Silicon Valley, it said Wednesday, challenging US rival Amazon in the field of cloud computing. The company's Aliyun unit, which already competes with AWS (Amazon Web Services) in China, will offer cloud services to US firms in what was described as a gradual rollout. Alibaba operates the largest e-commerce platform in China, similar to those offered by eBay and Amazon in the United States. Alibaba completed the world's biggest initial public offering with its $25 billion listing on the New York Stock Exchange in September, making its founder Jack Ma China's richest man overnight.

  • Europe closes lower; Barclays down 3% CNBC - Wed, Mar 4, 2015 3:42 AM AEDT
    Europe closes lower; Barclays down 3%

    European equities closed lower on Tuesday as investors reacted to a slew of earnings news and economic data.

  • 12 stocks that burst the Nasdaq bubble argument CNBC - Wed, Mar 4, 2015 12:00 AM AEDT
    12 stocks that burst the Nasdaq bubble argument

    In a true bubble, investors wouldn't be so quick to exit the stocks of companies that disappoint. But they are choosing to separate good from bad.

  • Great Value Stocks for a Hot Market U.S.News & World Report - Sat, Feb 28, 2015 1:05 AM AEDT

    In today`s article, we will use the principles of value investing to search for stocks that remain undervalued, in spite of current market conditions. Value investing as an investment discipline is not a set of hard-and-fast rules. Find companies with a long-term track record of growing revenue and earnings per share. Rather than being concerned with the last quarter's earnings, value investors wish to invest in companies that have displayed a long-term (10 years or more) history of growing their businesses.

  • Europe ends lower as Yellen stays dovish CNBC - Thu, Feb 26, 2015 3:30 AM AEDT
    Europe ends lower as Yellen stays dovish

    Europe ended lower on Wednesday as investors focused on corporate earnings and U.S. Federal Reserve Chair Janet Yellen's speech to Congress.

  • Europe stocks end mixed as Greece discussions continue CNBC - Sat, Feb 21, 2015 3:31 AM AEDT

    European markets ended mixed on Friday, with investors reacting to fresh economic data amid continued uncertainty over Greece.

  • Why Nasdaq 5000 isn't a tech milestone this time CNBC - Thu, Feb 19, 2015 1:42 AM AEDT
    Why Nasdaq 5000 isn't a tech milestone this time

    The Nasdaq is back at 5000, a level not seen since the dot-com bubble, but it's been a long time since it really represented tech sector euphoria.

  • Europe shares end mixed after data; Greece in focus CNBC - Wed, Feb 18, 2015 3:30 AM AEDT
    Europe shares end mixed after data; Greece in focus

    European stock markets closed mixed on Tuesday as fears over Greece's debt problems continued to make investors nervous.

  • European markets end lower; Greece down 4% CNBC - Tue, Feb 17, 2015 8:30 AM AEDT
    European markets end lower; Greece down 4%

    European markets ended lower as investors focused on negotiations between Greece and the rest of the euro zone over its debts.

  • Rio Tinto shares soar AAP - Fri, Feb 13, 2015 11:25 AM AEDT

    Mining giant Rio Tinto's shares have hit a six month high as investors welcomed the company's massive cash return to shareholders. Rio has launched $US2 billion share buyback and also increased its dividend ...

  • Tabcorp shares resume trading AAP - Tue, Feb 10, 2015 10:52 AM AEDT

    Tabcorp shares have resumed trading after the company completed a $142 million capital raising from institutional shareholders. The gaming group will now look to raise another $94 million from retail shareholders through a renounceable entitlement offer. Tabcorp shares have been in a trading halt since last Thursday, when the company launched the capital raising after lifting its first half profit 64 per cent and announcing a special 30 cent per share dividend.

  • Portfolio Analysis: A Doctor With a Sick $503,000 Retirement Plan U.S.News & World Report - Tue, Feb 10, 2015 12:58 AM AEDT

    Similarly, we can distinguish between a healthy investment portfolio versus a sick one by how each deals with important matters like taxes, investment cost, diversification, risk and performance. My latest portfolio report card is for B.D.D. in Fort Worth, Texas. B.D.D. owns 10 mutual funds in two 403(b) retirement plans with a combined value of $503,929 through the University of Texas retirement program. B.D.D. told me his main investment goal is to accumulate $3 million in 10 years.

  • Europe shares close mixed; LVMH, Greek banks soar CNBC - Thu, Feb 5, 2015 3:40 AM AEDT

    European shares closed mixed on Wednesday, as investors reacted to earnings and hopes that the Greek debt dispute will be resolved.

  • Mining, oil stocks help Europe close higher CNBC - Wed, Feb 4, 2015 3:30 AM AEDT

    European equities closed higher on Tuesday with a rally in the energy and basic resources sectors helping to push markets higher.

  • 3 reasons to be bearish on Shake Shack CNBC - Sat, Jan 31, 2015 10:33 AM AEDT
    3 reasons to be bearish on Shake Shack

    "Fast Money" traders were skeptical of the stock after it more than doubled in its first day of trading.

  • Already time to short The Shack? CNBC - Sat, Jan 31, 2015 8:58 AM AEDT
    Already time to short The Shack?

    Shake Shack (SHAK) (SHAK) began trading this morning, priced at $21 a share, opened at $47 and at its peak traded up more than 150%. There are few, if any, who can complain about the quality of the fast-casual burger chain, proven by patrons more than willing to put up with an hour long line looking to get a taste at the Madison Square Park location. Read More What's next for Shake Shack after monster IPO? At these levels, Shake Shack is currently trading at 11-12x revenue versus Chipotle (CMG), an analyst favorite, which trades at 3-4x.

  • Top Restaurateur: Shake Shack hype will push stock higher CNBC - Sat, Jan 31, 2015 7:11 AM AEDT
    Top Restaurateur: Shake Shack hype will push stock higher

    Top Restaurateur Tim Love shares his investment strategy the Shake Shack IPO

  • Why you should buy energy stocks now: Expert CNBC - Sat, Jan 31, 2015 4:04 AM AEDT
    Why you should buy energy stocks now: Expert

    Investors should capitalize on cheap energy stocks before it's too late, according to one expert.

  • Shake Shack prices IPO at $21 a share CNBC - Fri, Jan 30, 2015 9:56 AM AEDT
    Shake Shack prices IPO at $21 a share

    Analysts had expected the price to fall within a range of $17 to $19 a share, up from the original forecast of $14 to $16 a share.

  • Europe shares close mixed; Shell falls 4% CNBC - Fri, Jan 30, 2015 3:32 AM AEDT

    European equities closed mixed on Thursday, with a sharp decline in Shell shares hitting the U.K.'s FTSE 100 index.

  • 5 ways to play Facebook earnings CNBC - Thu, Jan 29, 2015 10:33 AM AEDT
    5 ways to play Facebook earnings

    Positive signs in Facebook's quarterly earnings report trump concerns about operating costs that sent shares lower, traders said.