Premarket Movers today, April 30, 2014: U.S. stock futures are in the red this morning as the market awaits an update from the Federal Open Market Committee's (FOMC) two-day meeting.
Here's what else is making headlines in the stock market today.
With a 37% gain in The Blackstone Group LP (NYSE: BX) since late July, we've done really well with our targeted investment in real estate.
And with very quick gains of 9% in BRF SA (NYSE ADR: BRFS), 5.2% in South American agricultural play Adecoagro SA (NYSE: AGRO) and 1.6% in high-tech agribusiness player Neogen Corp. (Nasdaq: NEOG), we're doing well with our plays on (pockets of) accelerating U.S. inflation.
Today we're going to combine the two concepts and employ a very simple formula we believe will add to your profits.
The formula: Inflation + Real Estate = Cash in Your Pocket.
And we're going to recommend two stocks we expect will benefit from what we're seeing...
by Tara Clarke
Twitter (NYSE: TWTR) stock plunged 10.4% after it released its second-ever earnings as a publicly traded company on Tuesday. It dropped as low as 14.22% in premarket trading, ultimately opening down 11.78% on Wednesday morning.
Its first quarter earnings per share (EPS) of $0.00 topped Wall Street estimates by $0.03, and a revenue of $250.5 million beat projections by $9.6 million, constituting a 116% increase compared to the same period last year.
The good news ends there.
Here's why Twitter stock dropped, even though it beat Wall Street estimates...
by David Zeiler
An investor group called Sunlot Holdings is seeking to revive the failed Bitcoin exchange Mt. Gox has made a deal with the claimants in two class action lawsuits on a proposed settlement.
It's the last best chance for the 127,000 customers of Mt. Gox to recover any of their lost money, which amounted to 750,000 bitcoins.
But the proposal faces one last and very big hurdle...
by Diane Alter
Clean energy stocks are looking sweet for investors in the long term. That's because clean energy will account for 33% of all U.S. electricity generation by 2016 – up from 16% today, according to the Energy Information Administration.
Moreover, solar, wind, and geothermal production are expected to double over the next 25 years, according to the same report.
The latest Alibaba acquisition was announced yesterday (Monday), when the company spent $1.22 billion for an 18.5% stake in the Chinese online video company Youku Tudou Inc.
The move was the latest in a string of major acquisitions for the Chinese e-commerce giant. Alibaba Group Holding Ltd. has spent more than $3.5 billion on its last seven acquisitions, as it attempts to bolster its resume ahead of its highly publicized IPO.
Here's what yesterday's acquisition means for the Alibaba IPO...
Dow Jones Today: Markets roared again on Tuesday on easing geopolitical tensions in Eastern Europe and stronger earnings results. The Dow Jones Industrial Average climbed 86.63 points to 16,535.37. The S&P 500 was up 8.9 points to finish at 1,878.33, and the Nasdaq rose 29.14 points to finish at 4,103.54.
Here's your recap of today's major market events...
by David Zeiler
Apple Inc. sold about $12 billion worth of bonds Tuesday, almost exactly one year after it conducted a monster $17 billion bond sale.
But that's a lot of debt to take on when you have $150 billion of cash and marketable securities on your balance sheet and free cash flow of about $40 billion per year.
So why do it?
As odd as it may seem, it's actually all the government's fault...
When Valeant Pharmaceuticals International Inc. (NYSE: VRX) and activist investor Bill Ackman made an unsolicited $46 billion bid to purchase Botox maker Allergan Inc. (NYSE: AGN) last week, investors got a glimpse of just how big the Botox market is globally.
And that had us pointing to our "Stocks to Buy" list…
Stock market news today, April 29, 2014: Tuesday sets up to be an interesting day for the markets as the Federal Open Market Committee (FOMC) kicks off its two-day meeting. The markets were mixed yesterday, while shares of tech-giant Apple Inc. (Nasdaq: AAPL) struck a 52-week high.
Here's what you need to know to make your Tuesday profitable.
