Stock Markets News

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  Honda recalls 167,255 Acura TSX cars in the U.S.

  Reuters – 7 mins ago  
  DETROIT (Reuters) - Honda Motor Co Ltd (7267.T) said it would recall 167,255 Acura TSX sedans sold in the U.S. market to address the risk that power steering fluid could leak and cause an under-the-hood fire.

• Stock futures inch higher after GDP rises 3.2 pct

  AP – 10 mins ago  
  

  NEW YORK - Stock futures inched higher Friday after the government said the economy grew at a slightly slower pace in the first quarter than was expected.

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  S&P 500 futures pare gains after GDP

  Reuters – 21 mins ago  
  

  NEW YORK (Reuters) - S&P 500 stock index futures pared gains on Friday after the government said the U.S. economy grew at a slightly slower-than-expected pace in the first quarter.
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  World stocks rise amid Greek bailout hopes
• AP – 2 hrs 18 mins ago  
  

  LONDON - European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic figures set to show the world's largest economy continuing to grow solidly.

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  London stocks subdued at open

  AFP – Fri Apr 30, 3:54 am ET  
  

  LONDON (AFP) - Shares in London started in the red on Friday as crisis-hit Greece appeared to edge closer to a bailout deal.

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  Workers march on Wall Street, protest big banks

  AP – Fri Apr 30, 12:28 am ET  
  

  NEW YORK - Thousands of workers and union leaders marched on Wall Street on Thursday to express their anger over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.

• Palm shares soar on HP acquisition

  AFP – Thu Apr 29, 5:47 pm ET  
  

  NEW YORK (AFP) - Palm shares soared on Thursday after US computer giant Hewlett-Packard announced it had reached agreement to buy the troubled US mobile phone maker.

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  How the major stock indexes fared on Thursday

  AP – Thu Apr 29, 5:18 pm ET  
  Stocks surged higher Thursday after another series of upbeat earnings reports and a reading on unemployment provided more evidence of an improving economy.

• Dow climbs 122 on good unemployment, earnings news

  AP – Thu Apr 29, 5:05 pm ET  
  THE DOW'S BIG DAY: The Dow Jones industrials rose 122 points. That brought their two-day advance to 175 as they made back most of the 213 they lost Tuesday amid concerns about European debt problems.

• Goldman set to settle SEC fraud case soon: report

  Reuters – Thu Apr 29, 12:53 pm ET  
  

  LONDON (Reuters) - Goldman Sachs may soon settle its fraud case with the U.S. regulator, the New York Post reported on Thursday, opting to end a legal fight rather than endure a repeat of the public flogging it received this week.

• FTSE bounces back as Greek deal nears

  AFP – Thu Apr 29, 12:14 pm ET  
  

  LONDON (AFP) - London's leading stock exchange bounced back on Thursday after a top European Union official said talks on a debt bailout deal for Greece were nearly complete.

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  Goldman charges not linked to bill: SEC boss

  AP – Wed Apr 28, 7:15 pm ET  
  WASHINGTON - The head of the Securities and Exchange Commission said Wednesday there was no connection between the timing of the agency's fraud charges against Goldman Sachs and efforts in the Senate to speed passage of sweeping legislation overhauling financial regulation.

• A look at global economic developments

  AP – Wed Apr 28, 2:40 pm ET  
  A look at economic developments and activity in major stock markets around the world Wednesday:

• Greek financial crisis sends markets plunging

  AFP – Wed Apr 28, 6:06 am ET  
  

  LONDON (AFP) - Greece's deepening financial crisis sent stock markets and the euro reeling again on Wednesday after its debt was slashed to junk status, fanning fears of a default.

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  Greece crisis pulls FTSE down at open

  AFP – Wed Apr 28, 5:21 am ET  
  

  LONDON (AFP) - The leading stock exchange fell at opening on Wednesday, after sharp losses the previous day, as traders were gripped by Greece's financial crisis and the EU called a crunch summit.

• SEC probes hedge funds' use of side pockets: report

  Reuters – Wed Apr 28, 5:03 am ET  
  NEW YORK (Reuters) - The U.S. Securities and Exchange Commission is taking a closer look at whether hedge fund managers abused a practice known as "side pockets" to prevent clients from withdrawing billions of dollars during the 2008 financial crisis, the Wall Street Journal reported on Tuesday.

Stocks futures rise, led by upbeat earnings

Market Movers

• Most Active
• Top % Gainers
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• Exchange: NYSE NASDAQ

Name	Price	Change	Change%	Volume
Direxion Daily Financial Be...	11.84	-0.34	-2.79%	124,945,382
Citigroup Inc	4.88	+0.32	+7.02%	40,252,681
Direxion Daily Financial Bu...	107.10	+2.71	+2.60%	40,196,940
Direxion Daily Small Cap Be...	6.15	+0.08	+1.36%	34,830,483
Vale S. A.	32.98	-0.48	-1.43%	31,872,255
Merrill Lynch & Co., Inc. S...	29.91	-0.17	-0.57%	24,441,950
Bristol-Myers Squibb Co.	25.81	+0.33	+1.30%	23,618,187
Alcatel-Lucent	3.29	-0.05	-1.50%	23,447,914
Halliburton Company	31.57	-0.07	-0.22%	21,178,274
Itau Unibanco Holding S.A.	21.55	-0.33	-1.51%	16,160,735

NEW YORK - Stock futures rose Tuesday as investors look to build on a late-day rally after another round of upbeat earnings reports.

Overseas markets mostly rose following U.S. gains on Monday.

Investors have set aside, at least temporarily, concerns about a potential overhaul of financial regulation and civil fraud charges levied against Goldman Sachs Group Inc. Instead, traders are focusing on another batch of strong earnings reports from across a wide range of sectors, including Goldman Sachs itself.

Goldman Sachs reported a better-than-expected first-quarter profit, earning $3.3 billion. The Wall Street giant continues to post big earnings because of strong trading revenue. A recovery in stocks, bonds and other investments has preceded a broader rebound in the economy.

The big bank is expected to discuss on its earnings conference call the civil fraud charges it faces tied to managing subprime mortgage securities.

Swiss drug maker Novartis AG easily topped first-quarter profit forecasts thanks to strong sales of its swine flu vaccine.

IBM Corp. also beat expectations as corporate technology spending rebounds from the recession. IBM's results, announced after the market closd Monday, were the latest from the technology sector to show the industry is recovering and no longer has to rely on cost-cutting to improve profitability like it did for much of last year.

Coca-Cola Co., Apple Inc. and Yahoo Inc. are all also scheduled to report quarterly results later Tuesday.

Ahead of the opening bell, Dow Jones industrial average futures rose 18, or 0.2 percent, to 11,062. Standard & Poor's 500 index futures rose 4.10, or 0.3 percent, to 1,199.70, while Nasdaq 100 index futures rose 6.25, or 0.3 percent, to 2,019.25.

Strong earnings have buoyed stocks over the past week, helping major indexes move higher. Citigroup Inc.'s better-than-expected results helped stocks bounce back from a disappointing close to last week.

Citi was one of the hardest hit banks by the credit crisis, so its recovery bodes well for a broader economic recovery.

The Dow rose 73 points for the day Monday after being lower throughout much of the day. The index jumped 100 points during the last two hours of trading.

Stocks opened Monday lower as concerns remained about the Securities and Exchange Commission civil charges against Goldman Sachs. The charges, announced Friday, came as Congress discusses financial regulatory reform.

Meanwhile, bond prices fell Tuesday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 3.82 percent from 3.80 percent late Monday.

The dollar fell against other major currencies, while gold and oil rose.

Overseas, Britain's FTSE 100 rose 1 percent, Germany's DAX index jumped 1.4 percent, and France's CAC-40 gained 1.1 percent. Japan's Nikkei stock average fell 0.1 percent.

StockSource.us
ABOUT US:

Stock Source is a full service investor relations firm dedicated to growth stocks. We seek out innovative, emerging companies poised for growth and tell their stories to qualified, aggressive investors looking for ground floor opportunities.

We connect investors with investment prospects—cutting through the noise and churn of Wall Street to shine the spotlight on companies on their way up. These companies trade on the Nasdaq, Amex, OTCBB, and Pinksheets.

Stocks retreat in early trading

NEW YORK (CNNMoney.com) -- Stocks opened lower Tuesday as investors digested a mixed earnings report from Alcoa and took a step back after pushing the Dow industrials above the key 11,000 level.

The Dow Jones industrial average (INDU) was down 6 points, or less than 0.1%, shortly after the opening bell. The S&P 500 index (SPX) slid about one point and the Nasdaq composite (COMP) dipped 2 points.

Stocks managed gains Monday, with the Dow closing above 11,000 points for the first time in 18 months, as investors welcomed a plan to offer low-cost loans to Greece, tempering fears that the nation might have to default on its debt.

Quarterly reports: Aluminum producer Alcoa (AA, Fortune 500) reported first-quarter earnings late Monday that met expectations, but revenue fell short. Shares slipped nearly 3% in premarket trading.

Chip leader Intel (INTC, Fortune 500) reports results after the close. The Dow component is expected to have earned 38 cents per share after earning 11 cents per share a year ago.

First-quarter earnings for the S&P 500 are forecast to jump nearly 37%, when compared with last year's abysmal first quarter, according to Thomson Reuters. Revenue figures should also be up a rosy 10% from a year earlier.

Looking ahead, JPMorgan Chase (JPM, Fortune 500) reports quarterly results Wednesday, while Google (GOOG, Fortune 500) and Bank of America (BAC, Fortune 500) are due later in the week.

Economy: The government reported a larger-than-expected increase in the U.S. trade gap for February.

The nation's international trade deficit in goods and services increased to $39.7 billion in February from a revised $37 billion in January, the Commerce Department said. Economists surveyed by Briefing.com were expecting the gap to widen to $38.5 billion.

The deficit expanded as exports totaled $143.2 billion, while imports reached $182.9 billion.

World markets: Asian markets ended mostly lower. Hong Kong's Hang Seng slipped 0.1%, while the Nikkei in Japan slid 0.8%.

European markets turned mixed in active trading. Shares in London and Frankfurt were lower, while Paris was unchanged.

Currencies and commodities: The dollar was flat versus the euro, but rose against the pound. It fell versus the yen.

The price of oil slid 75 cents to $83.59 a barrel. Gold declined $5.70 to $1,155.90 an ounce.

Bonds: Prices for U.S. Treasurys fell, with the yield on the benchmark 10-year note at 3.81%. Bond prices and yields move in opposite directions.

StockSource.us
ABOUT US:

Stock Source is a full service investor relations firm dedicated to growth stocks. We seek out innovative, emerging companies poised for growth and tell their stories to qualified, aggressive investors looking for ground floor opportunities.

We connect investors with investment prospects—cutting through the noise and churn of Wall Street to shine the spotlight on companies on their way up. These companies trade on the Nasdaq, Amex, OTCBB, and Pinksheets.

Investing into Dividend Stocks

Investing into dividends is simply buying dividend stocks then keep them and benefit from the passive cash flow that they give off. This has a few big advantages.

1. Low Maintenance

The biggest advantage of this strategy is that it is very low maintenance. You can easily buy strong dividend paying stocks and then hold onto them for the long term without having to manage your account.

2. Passive Income

It is also a very easy way to make passive cash flow. Simply by owning shares of dividend stocks you can make money consistently month after month. If you own enough shares of dividend stocks you might even be able to leave your day job.

3. Two Possibilities to Grow

Investing into fundamentally strong stocks that also pay dividends give you the ability to profit in 2 different ways. The two ways are dividends and the appreciation of the underlying stock. Also because the dividend prices increase as the stock price does there is a real long term opportunity to get passive income here.

But dividend investing does have some disadvantages. The biggest disadvantage is that it takes some good money to make a huge cash flow this way.

Dividend investing is not really a growth strategy; instead it is a strategy to make an income off of your money once you have money. And often times you do need a considerable amount if you want to make a living from the stock market this way.

For instance say a stock has a dividend yield of 5% and you want to make $100,000 a year you need to invest at least $2,000,000 into it in order to reach your goal. The bigger your goal is the more money you need to invest.

It may not be the most glamorous way to make money, but it is a nice consistent way to grow your money over time while at the same time get some extra cash flow every month, so it is worth looking into, especially if you are worried about retirement.


StockSource.us
ABOUT US:

Stock Source is a full service investor relations firm dedicated to growth stocks. We seek out innovative, emerging companies poised for growth and tell their stories to qualified, aggressive investors looking for ground floor opportunities.

We connect investors with investment prospects—cutting through the noise and churn of Wall Street to shine the spotlight on companies on their way up. These companies trade on the Nasdaq, Amex, OTCBB, and Pinksheets.