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Stock Market & Financial Investment News

News Breaks
January 24, 2013
06:15 EDTC, BA, GM, VLKAY, USG, BRK.A, EXPOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Last year Japan's trade deficit nearly tripled to a record $78.3B and few expect a drastic improvement anytime soon, leaving Tokyo no choice but to continue with efforts to boost the economy, the Wall Street Journal reports...Citigroupís (C) U.S. retail and commercial banking has the highest average deposits per branch among top lenders but generates lower profits than the others. The bank is attempting to turn that around, including an upgrade of computer systems, remodel branches and make employees more accountable in the biggest internal overhaul at Citibank in decades, the Wall Street Journal reports...REUTERS: Growth in China's factory sector surged to a two-year high in January as manufacturers received more local and foreign orders in an encouraging sign for the country's economic rebound. The HSBC flash purchasing managers' index (PMI) increased to 51.9 in January, the highest since January 2011 and above the 50-point level that shows accelerating growth in the sector from the previous month, Reuters reports...Japanese regulators joined the U.S. in all but ruling out overcharged batteries as the cause of recent fires on the Boeing (BA) 787 Dreamliner, which has been grounded for a week. The FAA said there are still no firm answers as to the cause and no clear timetable yet for returning the plane to flight, Reuters reports...BLOOMBERG: With toxic smog engulfing Beijing and much of the rest of the country for weeks, China is considering tighter vehicle curbs and emissions standards like Europeís. That could benefit GM (GM), Volkswagen (VLKAY) and Hyundai Motor in a market where sales are forecast to pass 20M units this year, Bloomberg reports...Building supply stocks such as USG (USG) in which Warren Buffett (BRK.A) holds a 16% stake, and Eagle Materials (EXP) that more than doubled last year look to rise further as the U.S. housing market extends its recovery, Bloomberg reports.
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July 29, 2014
08:15 EDTAEnzo Biochem announces August 18 as date of Markman hearing in lawsuit
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11:01 EDTAAgilent signs co-marketing agreement with MRM Proteomics
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July 23, 2014
09:13 EDTEXPEagle Materials shares should be bought on any weakness, says Sterne Agee
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July 22, 2014
16:22 EDTEXPEagle Materials reports Q1 EPS 75c, consensus 87c
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