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which was up over 2% at the opening bell before retreating to a 1.7% gain by early afternoon. The stock's move higher came on a slow news morning for the company. Visa won't report fiscal 2014 second-quarter earnings until April 24 after the bell.
While a comparison can be made, Goldman Sachs ( GS ) strategist David Kostin claims in a report that the differences are more important to look at. He further said that the sell-off is unlikely to lead to an extensive dip in share prices. Even so, he
A hot market for initial public offerings may soon face a cooler reception from investors...Eighty-nine companies have raised $19 billion through sales of new stock so far in 2014. But demand for more offerings depends largely on the health of the
S&P 500 ETF Trust ( SPY ) by 10.05 percentage points (ppts) in the comparable period. The XLU replicates the performance of the Utilities Select Sector Index, which is currently trading at a one-year forward price-to-earnings (P/E) multiple of 16x.
Consumer Staples Outperforming Broader Market Is A Slowdown In The Making? Consumer staples stocks are rising while the broader market continues to fall...S&P 500 ETF Trust ( SPY ), which seeks to replicate the performance of the broader market, fell
Taipei, March 5 (CNA) Share prices in Taiwan gained momentum Wednesday morning as the bellwether electronics sector followed overseas rallies in tech stocks to stage a technical rebound as tensions in Ukraine eased, dealers said.
The consumer staples sector, widely considered the safest investment in times of economic uncertainty, seems to be turning into a risky bet. The S&P 500 Consumer Staples ETF (XLP), which outperformed the S&P 500 Index (SPX) by 21.4 percentage points (
The sportswear industry seems to be hitting home run after home run, with rising demand for its products consistently driven by consumers seeking to get active and stay healthy. Last month, Under Armour led a rally in athletic wear companies' stocks
The outcome of elections in India is being descried by experts as a game-changer, a watershed for India; but with an 'if', which is that one political party has to get a clear mandate. "See, if it is a thumping win, you could maybe see up to 150-200
Despite revenue and earnings growth, a strong balance sheet, and an effective strategy, the short position is north of 37%. Therefore a lot of investors/traders believe a gap down is on the horizon. Misconception The shorts are all over Green