The Alibaba IPO is the biggest name on the 2014 IPO market, because it will easily raise the most money of any initial public offering this year.
With a price tag over $20 billion, Alibaba will be more than just the "IPO of the year." The Alibaba IPO could be the biggest initial public offering in U.S. history.
by Jim Bach
The U.S. Federal Reserve's Federal Open Market Committee (FOMC) meeting will end today (Wednesday) with a statement release at 2 p.m. EDT, though it's not likely that the markets will be spooked by what has become a very predictable central bank.
Here’s what we can expect from today’s Fed meeting…
by Diane Alter
Penny stocks to watch update: Global mergers and acquisitions have been occurring at an astonishing pace in 2014, with more than $2 trillion in transactions announced year to date. And the pace of M&A activity is only expected to continue thanks to low interest rates and companies' flush cash hoards.
Some of the richest takeover premiums resulting in big stocks gains can come from penny stocks.
Dow today, July 30, 2014: U.S. markets were mixed Tuesday, with Europe and the United States expanding sanctions against Russian interests, and sales of new single-family homes dipping in May. Investors anxiously await the conclusion of the two-day Fed Open Market Committee meeting later this afternoon, as the central bank could provide some insight into plans on interest rates and updates on the conclusion of stimulus efforts.
Here’s what you should know to make your Wednesday profitable:
by Diane Alter
Almost half of Standard & Poor's 500 companies have reported second-quarter earnings and results so far have impressed.
by Sid Riggs
If you spend any amount of time reading investment commentary you've probably come across the term "Apple-heads" to describe the legion of consumers who religiously purchase Apple products (of which I am one, by the way).
Well, today, I'm going to coin a new phrase: Amazombie!
Personally, I think Amazombie should be added to Webster's with the following definition…
Amazombie: Any individual investor or institutional investor who: 1) Extols the virtues of value investing made famous by Benjamin Graham and Warren Buffett 2) Yet still buys Amazon stock, regardless of the fact the stock trades well beyond conventional valuations associated with value investing.
Don't get me wrong, I'm not saying Amazon is a bad trade (from a trader's perspective) – heck, people have made a fortune investing in Amazon off its November, 2008 lows – but as a long-term investment I think the days of its stock gaining 100% annually are long gone.
Here's why…
Dow Jones Today, July 29, 2014: U.S. markets were mixed Tuesday, with Europe and the United States expanding sanctions against Russian interests and sales of new single family homes dipping in May. This afternoon, the International Monetary Fund warned that rising inflation rates and sliding emerging market growth could slash up to 2% of global growth over the next five years.
Now, here are the top stories from today – check out what’s happening with TWTR, UPS, HLF, and more…
by Jim Bach
Two American pharmaceutical giants reported earnings this morning, both showing flagging sales – but one ended the day with a gain.
by Tara Clarke
Twitter stock (NYSE: TWTR) closed up 1.74% to trade at $38.59 per share ahead of second-quarter 2014 earnings scheduled for release after the bell on Tuesday. Only minutes after release, TWTR stock jumped 30.22% in after-hours trading. On Wednesday, shares traded at $46.97 (up 21.72%) as of 11:30 a.m. EDT.
Despite beating estimates in previous earnings this year, each earnings release saw Twitter stock plummet.
This time it’s different, because of a single number…
WTI crude oil prices for September delivery were down $1 today (Tuesday) to $100.67 per barrel, while Brent crude dropped $0.17 to $107.39 per barrel, despite the fact that geopolitical tensions in the Middle East and Russia remain.
Oil prices hit two-week highs last week as tensions in the Ukraine and the Middle East intensified.
