Sat, May 26, 2012, 4:18 AM EDT - U.S. Markets closed

Financial News from Forbes

  • Ford hiring in India.

  • Bearish Sentiment Growing In India @ Forbes - 6 hours ago

    India's GDP forecast revised lower as selling pressure continues in the world's largest democracy.

  • Record number of Brazil car loans in default.

  • Hong Kong telecommunications billionaire Richard Li, the younger son of Asia’s richest man Li Ka-shing, is in acquisition talks with “several sizeable companies,” the elder Li said at a press conference on Friday, according to a front-page report in today’s South China Morning Post.  The businesses hold “long-term” prospects …

  • Facebook: Lawsuits Piling Up @ Forbes - 7 hours ago

    It now looks like every securities class-action firm in the country is going to file a lawsuit about the mishandling of the Facebook IPO. After coming public at $38 last week, the stock closed Friday at $31.91. Total slide for the week: 16.5%. Ugh. Ugh, unless you happen to make a [...]

  • The hedge fund founder who won hundreds of thousands of dollars at the Bellagio's blackjack tables reportedly denies any card counting involvement.

  • Forbes Life Elon Musk @ Forbes - 8 hours ago

    At Home With The Bachelor Billionaire

  • With Tesla production in high gear and the success of his SpaceX rocket, the billionaire playboy is proving the critics wrong—and enjoying every minute.

  • Apple Loop: The Week In Review @ Forbes - 8 hours ago

    Keeping you in the loop on some of the things that happened around Apple in the past week. Frenemies battle on. Samsung and Apple, in court for two days to try to mediate their way out of a patent and royalty dispute, walked away without resolving anything. Samsung CEO Choi Gee-sung [...]

  • The markets are not out of the woods, but a number of potential plays have nearly reached attractive levels, including two well-supported ETFs, writes MoneyShow senior editor Tom Aspray. Keep your powder dry and look for a recommendation soon, he advises.Stocks tried to stabilize last week while the Euro crisis simmered …

  • Carl Icahn @ Forbes - 9 hours ago

    Photos of the 400 Richest Americans

  • The billionaire raider intends to finance force change at Chesapeake.

  • Stocks of defense contractors are under fire due to fears of deep cuts coming up in the Pentagon's budget unless the president and Congress do something about it by January. The glum outlook has plumped up dividend yields in several defense names to 4% and higher, setting the stage for locking in chunky yields and a chance …

  • After the Facebook IPO, Zynga and Groupon's lock-up periods are expiring next week. What will happen next with their stock?

  • This twenty first trading week of 2012 comes to a close with investors assessing the deteriorating [...]

  • Splunk is on a tear. Each week at Forbes we scan our database of corporate insiders to see who got richer from the action in the stock market. Taking a pause from the bloodletting that has defined the equity markets this spring, all three major indices posted positive returns week over week, with the S&P [...]

  • Backyard Barbecue and Business @ Forbes - 10 hours ago

    As the lines between personal time and work time blur more and more, I hope everyone has a great holiday weekend!

  • The situation in Spain is quickly breaking down. On Friday, bailed-out bank Bankia was preparing to ask the federal government for $19 to $25 billion more in emergency funds, while the richest region, Catalonia, asked the state to fork over some cash to meet payments.

  • In trading on Friday, shares of Boeing Co. (NYSE: BA) crossed below their 200 day moving average of $69.73, changing hands as low as $69.66 per share. Boeing Co. shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of BA shares, [...]

  • Forget pie in the sky like Facebook and go for the tried and true cash machines.

  • As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. On Wednesday, Blackrock Incorporated (BLK)'s Director, James Grosfeld, made a $8M purchase of BLK, [...]

  • [video] Analyst Moves: CRM, EMN @ Forbes - 11 hours ago

    Salesforce. com (CRM) was upgraded today by Oppenheimer (OPY) from perform to outperform with a [...]

  • As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. On Monday, Parkway Properties Inc. (PKY)'s CEO, James R. Heistand, made a $358,660 purchase [...]

  • [video] Analyst Moves: HNZ, LULU @ Forbes - 11 hours ago

    H. J.

  • CBS Corporation (CBS) maintained its quarterly dividend of 10 cents per share. The dividend is [...]

  • Shares of CSJ ETF Now Oversold @ Forbes - 11 hours ago

    In trading on Friday, shares of the iShares Barclays 1-3 Year Credit Bond Fund ETF (AMEX: CSJ) entered into oversold territory, changing hands as low as $104.33 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum [...]

  • In trading on Friday, shares of Endo Health Solutions Inc (NASD: ENDP) crossed above their 200 day moving average of $33.67, changing hands as high as $33.69 per share. Endo Health Solutions Inc shares are currently trading up about 0.9% on the day. The chart below shows the one year [...]

  • What's On Deck For China Investors? @ Forbes - 11 hours ago

    What China investors should expect from policy makers in the months ahead.

  • Billionaire vs. billionaire as activist slams board.

  • In trading on Friday, shares of KLA-Tencor Corp. (NASD: KLAC) crossed above their 200 day moving average of $46.29, changing hands as high as $46.49 per share. KLA-Tencor Corp. shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of KLAC shares, [...]

  • In trading on Friday, shares of Ingles Markets, Inc. (NASD: IMKTA) crossed above their 200 day moving average of $15.96, changing hands as high as $16.14 per share. Ingles Markets, Inc. shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of [...]

  • Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum [...]

  • Video The first real video from Google’s “Project Glass” is here. It’s a video taken by a Google employee doing flips on a trampoline and recording the whole thing with computer glasses. For what it’s worth, it does showcase the glasses’ ability to stay on your head. Google employees have also been [...]

  • Weekly Market Wrap: 5/25/2012 @ Forbes - 11 hours ago

    This twenty first trading week of 2012 comes to a close with investors assessing the deteriorating situation in Greece, and assessing the fallout from the disastrous Facebook (FB) initial public offering. Welcome to the 'Weekly Market Wrap' for Friday May 25, 2012. The S&P 500, the Dow Jones Industrial Average, and the …

  • The New York Times' Nick Bilton incorrectly claims that Mark Zuckerberg is now "a real billionaire" after selling 30.2 million shares during Facebook's IPO. Forbes has listed Zuckerberg as a billionaire since 2008.

  • Expansion continues through the entire container industry. This company expanded its fleet by 5.5% in the first quarter and, despite trading at 2-year highs, continues to be a value stock.

  • The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. FBL Financial Group, Inc. (NYSE: FFG) presently …

  • The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Rockwell Collins, Inc. (NYSE: COL) presently …

  • In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably [...]

  • In trading on Friday, shares of Glimcher Realty Trust (NYSE: GRT) crossed above their 200 day moving average of $9.05, changing hands as high as $9.26 per share. Glimcher Realty Trust shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of [...]

  • Shares of this property and casualty insurer recently hit a 52-week high after rebounding from sequential and year-ago losses,

  • Facebook Camera is a pretty good app, but the network behind it is what makes it so compelling. In reading a few reviews of Facebook’s latest mobile app release – Facebook Camera – it occurs to me that perhaps the company should have allowed it to marinate in the knowledge of [...]

  • As the saying goes, there are many possible reasons for an insider to sell a stock, but only one [...]

  • Shares of this trucking company have soared more than 100% in the last 6 months, as it hitches up to the economic recovery.

  • [video] Rue21 Announces Earnings @ Forbes - 12 hours ago

    Rue21 (RUE) announced that it earned $11. 6 million, or 46 cents per share, for the most recent [...]

  • Analyst Moves: HNZ, LULU @ Forbes - 12 hours ago

    H.J. Heinz (HNZ) was downgraded today by Jefferies (JEF) from hold to buy with a price target of $56, as the firm believes that profits are unlikely to be stellar until a recovery occurs in the North American market. Shares are lower by about two tenths of a percent. Lululemon (LULU) was [...]

  • "Give me an F!" Workplace vulgarity: is it a job-killer? Carol Bartz, fired as chief executive of Yahoo Inc. last September, wishes she did one thing differently during her troubled tenure. "I probably wouldn't have said the F-word,'' Ms. Bartz said at a Women in the Economy conference this month [...]

  • Analyst Moves: CRM, EMN @ Forbes - 13 hours ago

    Salesforce.com (CRM) was upgraded today by Oppenheimer (OPY) from perform to outperform with a price target of $180, as the company has been experiencing fast organic growth. Shares are higher by about three tenths of a percent. Eastman Chemical (EMN) was upgraded today by JPMorgan (JPM) from neutral to overweight, as the …

  • The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in [...]

  • Data released by the Consulate General of Brazil in Miami reveals that every three days, at least one Brazilian tourist is stolen in Miami or Orlando – Florida is the main tourist destinations for Brazilians in the US.

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