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NYSE Market News

Beware of the VIX "Fear Index"

16 Oct 2014 @ 07:26
The VIX Index, more commonly referred to as the Fear Index has begun to make investors (more) nervous this week. On Monday, 13 October, Erin Gibbs of S&P Capital told CNBC that, essentially, anxious investors need to remain calm because “Volatility is still within normal levels,” even though fellow commentator Todd Gordon warned that if […]
 

Shire Shares Slump 22%

16 Oct 2014 @ 05:47
The ongoing dramatics involving the potential acquisition of Shire (LSE:SHP) by AbbVie (NYSE:ABBV) has given Shire’s share price a punch in the solar plexus today, making it the FTSE’s biggest loser on the day. Not only has the wind been knocked out of Shire’s sails, but there may be a storm brewing on the horizon. […]
 

CSX Is On Track This Week

15 Oct 2014 @ 08:58
There are some stories I just can’t wait to write, like the Alibaba or Facebook IPOs. They are stories that you know are going to happen before they actually happen. This is one of them. CSX (NYSE:CSX) is a Ft. Lauderdale-based U.S. transportation and logistics company more popularly viewed as a railroad. Late this afternoon […]
 

Northrop Grumman unveils new vehicle

15 Oct 2014 @ 07:31
Northrop Grumman Corporation (NYSE:NOC) has unveiled its High Mobility Multipurpose Wheeled Vehicle (HMMWV) modernization solution at the Association of the United States Army conference in Washington, D.C. “The HMMWV has had an enduring role in the U.S. Army, U.S. Marine Corps and across the international ground forces community for decades,” said Frank Simpkins, director, land...
 

GenCorp announce 2014 Q3 results - net sales up $50m

12 Oct 2014 @ 20:58
GenCorp Inc. (NYSE:GY) has announced results for the third quarter ended August 31, 2014. Financial Overview: Third Quarter of Fiscal 2014 compared to Third Quarter of Fiscal 2013: – Net sales for the third quarter of fiscal 2014 totaled $419.5 million compared to $367.5 million for the third quarter of fiscal 2013. – Net loss […]
 

Alcoa's Transformation Is Delivering

10 Oct 2014 @ 02:49
Aluminum giant, Alcoa Inc. (NYSE:AA) released its third quarter results this morning, driving the share price to 16.33. That is more than a 100% increase over the 8.10 closing price as at 09 October 2013. This may indicate a growing confidence in the company as a result of both the implementation of its transformation plan […]
 

TransAtlantic Petroleum provide update on Turkey as ISIS approaches border

09 Oct 2014 @ 07:18
++BREAKING NEWS++ TransAtlantic Petroleum Ltd. (NYSE-MKT:TAT) (TSX:TNP) has provided an update on the status of its operations in Turkey. The update follows close fighting to hold back of Islamic State on the Syria-Turkey border. In a statement the company said: “While there have been press reports of protests in Diyarbakir and Batman in southeastern Turkey, […]
 

Monsanto Surprises

09 Oct 2014 @ 02:42
Monsanto (NYSE:MON) issued its Q4 and full-year results this morning, and whilst the earnings results are disappointing, its share price jumped 3.8% from 106.14 to 110.00 within 15 minutes following the opening bell. The price has been declining over the past 45 minutes and it seems to be headed back toward the 107.74 mark at […]
 

Red Lion expand airport operation

08 Oct 2014 @ 08:55
Up, up and away for their share price? Red Lion Hotels (NYSE:RLH) announced today the company signed a franchise agreement on a hotel located near the Detroit Metropolitan Wayne County Airport, one of the top 20 busiest airports in the country serving more than 32 million passengers a year. “The Detroit metro area is among […]
 

Willis refreshes Canadian team

08 Oct 2014 @ 08:53
Changes at the top Willis North America, a unit of Willis Group Holdings (NYSE:WSH), the global risk advisor, insurance and reinsurance broker, has appointed Brian Parsons as National Partner and CEO, Willis Canada. Mr. Parsons has deep experience in the insurance brokerage, risk management and natural resources industry. He joins Willis after spending 22 years […]
 
 
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