NYSE Market News

It’s not even the Fourth of July yet, but the fireworks have already begun. The S&P has done it again, posting its longest streak of quarterly gains since 1998. And, just before noon EDT in New York, it appears that the rally is not yet over . Just 15 minutes ago. at 11:44 am, the S&P Index […]

If you think you have ever been confused, you should be glad you’re not an investor in GlaxoSmithKlein (LSE:GSK) (NYSE:GSK). They are REALLY confused. The admixture of good news, bad news and worse news is an analyst’s nightmare and it’s hitting investors like a punch-drunk boxer after taking a right cross to the cheek followed […]

The U.S. economy suffered a 2.9%  decline in GDP during the first quarter of 2014. Whilst that statement on its own is bad enough, it is even worse when we understand that it is  the worst quarterly performance since the first quarter of 2009, which, by the way, was the first quarter of Barack Obama’s […]

It’s not often that the general public knows ahead of time that $21 million worth of shares in three major corporations are about to be sold. However, on Saturday the Presbyterian Church U.S.A (PCUSA) announced that it will be selling all of its shares in Caterpillar (NYSE:CAT), Hewlett Packard (NYSE:HPQ), and Motorola Solutions (NYSE:MSI). According […]

Your (euro)next purchase? Intercontinental Exchange (NYSE:ICE), the global network of exchanges and clearing houses, has announced the pricing of the initial public offering of the ordinary shares of Euronext N.V., the pan-European exchange group. Euronext’s ordinary shares will be listed and admitted to trading under the symbol “ENX” on Euronext Paris, Euronext Amsterdam and Euronext […]

If only there were more space in the title line, I could have said, “Shire Shares Soar Sixteen Percent and Six Hundred Twenty-Six Pence. (I love alliteration and tongue-twisters, and now I think that I’ve created something to rival Peter Piper. In this case, not only is it fun to say, but it is true! […]

The share price of FedEx (NYSE:FDX) gained 6.16% to $148.95 following higher than expected fourth quarter earnings, winning by following in the footsteps of successful companies like Levi Strauss who were ready to supply a need when a new demand was created. Back in 1849, thousands of men from all over the world rushed to […]

The share price of ExxonMobil (NYSE:XOM) hit a 52-week high in early trading this morning at 103.25. It is currently at 102.97 at 11:10 EDT, up 0.30% from Friday’s close. The share price low point for the 12-month period was 84.79, reached in October 2013. ExxonMobil may be a giant among giants, but its sheer […]

Is it possible that what happens within the country of Iraq, a veritable poster child for middle eastern turmoil, could have so great an impact as to cause the fragile economic recovery to collapse? The worry on the street is that the answer is “Yes.” The world is a crazy place to live, but it’s […]

Acquisition of Funeral Homes & Cemeteries from Service Corporation International StoneMor Partners L.P. announced today that it has closed the previously announced purchase of 9 funeral homes, 12 cemeteries and 2 crematories from Service Corporation International (NYSE:SCI). StoneMor paid approximately $53.8 million in cash for the properties which are located in Central Florida, North...