NASDAQ Market News

The questions are the same every year at this time.  In homes all over the world, children ask, “Is there really a Santa?”  In stock markets all over the world, investors ask, “Is there really a Santa Rally?”  I think the first question is legitimate, and it restores my faith in humanity.  The second question, […]

The higher you raise your flag, the more people will shoot at it.  Mark Zuckerberg, Facebook (NASDAQ:FB) founder and CEO, has come to understand that there is a lot of difference between an on-campus, social media creation and the the megalith that Facebook has become.  Founded just ten years ago in a college dorm room, […]

Earlier this morning British pharmaceutical giant GlaxoSmithKline (LSE:GSK) announced a complete revamping of it incentive pay plans for its sales staff and of incentives paid to doctors for promoting its products.  For whatever reason, investors seems to have panicked on the London Exchange.  As I am writing, it will be only a matter of minutes […]

The share price of ARM Holdings (LSE:ARM) rose sharply in early trading yesterday from Thursday’s close at 972.80.  The share price reached a high for the day of 1028.0 at about 9:45 am, a 15.7% increase, before closing the day at 1001.0, up nearly 3.0% on the day. The odd thing is that there was […]

The share price of GW Pharmaceuticals (LSE:GWP) has been getting healthier on almost a daily basis since early October.  A well-received year end operations report was published on 18 November, but the share price was boosted even higher with the announcement today that the company’s primary product, Sativex®, has now been approved for use in […]

QIWI (NASDAQ:QIWI) have announced results for the third quarter ended September 30, 2013. Third Quarter 2013 Operating and Financial Highlights: · Adjusted Net Revenue increased by 49% to RUB 1,622 million ($50.2 million) from RUB 1,086 million in the prior year period. · Adjusted EBITDA increased by 46% to RUB 793 million ($24.5 million) from […]

CME Group Inc. (NASDAQ:CME) has reported revenues of $715 million and operating income of $401 million for the third quarter of 2013. Net income attributable to CME Group was $237 million and diluted earnings per share was $0.71. Excluding items noted in the reconciliation, adjusted earnings per share would have been $0.75.1 “Our business continued […]

Ryanair (NYSE:RYA) (NASDAQ:RYAAY), a European low fares airline today, has reported that its H1 profits have risen by 1% to €602m, as its traffic grew 2% to 49m passengers. Highlights: · Record H1 profit of €602m, in line with previous guidance. · Traffic up 2% to 49m (load factor up 1% to 85%). · Seven […]

I love it when there are compelling reasons to invest in a company.  Yesterday I wrote about Fastjet (LSE:FJET).  The compelling reason to invest in Fastjet is its strategic objective to become the low-cost airline of choice in Africa.  Having now established its first international flight, it is poised to succeed.  Likewise, there are compelling […]

Wall street was very positive on a Friday, in which several companies ads were the protagonists. The results published by Google Inc. and Morgan Stanley were well received on Wall Street, plus S & P500 exactly where this was boosted bullish. Moreover, the U.S. dollar had significant drops this week and closed below 79.65 minimum. […]