Markets opened lower Thursday morning and all three major indexes finished the trading day lower as well. The Nasdaq Composite fell just 0.12% at the closing bell, while the DJIA and the S&P 500 both closed down more than 0.4%.
Among heavily traded DJIA stocks, Microsoft Corp. (NASDAQ: MSFT) traded more than 100 million shares on Thursday, well over twice its daily average volume of around 44 million shares. The decline is almost entirely due to a statement from Alan Mulally, CEO at Ford Motor Co. (NYSE: F), that he has no plans to do anything but retire from Ford at the end of next year. Mulally was widely believed to be the front-runner to replace Steve Ballmer. Microsoft�� shares closed at $38.00, down 2.41%, in a 52-week range of $26.28 to $38.98.
Another DJIA stock leading the decline today is JPMorgan Chase & Co. (NYSE: JPM). On a general macroeconomic note, the big bank is likely taking a few lumps from the big GDP number released today which many investors think will spur the Fed to begin tapering its asset buying program. JPMorgan was also hit by a hacker attack that swept up data from 465,000 credit card accounts. And if that wasn�� enough, investors are getting the jitters over next week�� announcement of final regulations for implementing the Volcker rule. JPMorgan�� stock closed down 2.4% at $55.82 in a 52-week range of $41.11 to $58.14.
5 Best Paper Stocks To Watch For 2015: SWK Holdings Corp (SWKH)
SWK Holdings Corporation (SWK), incorporated on July 1996, is engaged in identifying and reviewing candidates for acquisition or other investment. The Company was previously engaged in the development, marketing and support of customer communications software products. It sold its products primarily in North America, Europe and Asia, through its direct sales force and third party integrators.
The Company's applications were designed to integrate with other enterprise software and legacy systems, and provide customers with capabilities for personalization, customer profile management, inquiry management, universal business rules, knowledge management and work flow. KANA also offered customer support and professional services, such as consulting and education.
Advisors' Opinion:- [By Tess Stynes]
Verint Systems Inc.(VRNT) agreed to buy customer-service software firm Kana Software Inc.(SWKH) from private equity firm Accel-KKR for about $514 million in cash, as the data-analysis company seeks to expand its offerings.
Best Dow Dividend Stocks To Watch Right Now: Google Inc.(GOOG)
Google Inc. maintains an index of Web sites and other online content for users, advertisers, and Google network members and other content providers. It offers AdWords, an auction-based advertising program; AdSense program, which enables Web sites that are part of the Google Network to deliver ads from its AdWords advertisers; Google Display, a display advertising network that comprises the videos, text, images, and other interactive ads; DoubleClick Ad Exchange, a real-time auction marketplace for the trading of display ad space; and YouTube that provides video, interactive, and other ad formats for advertisers. The company also provides Google Mobile that optimizes Google?s applications for mobile devices in browser and downloadable form; and enables advertisers to run search ad campaigns on mobile devices, as well as Google Local that provides local information on the Web; and Google Boost for small businesses to participate in the ads auction. In addition, it offers And roid, an open source mobile software platform; Google Chrome OS, an open source operating system; Google Chrome, a Web browser; Google TV, a platform for the consumers to use the television and the Internet on a single screen; and Google Books platform to discover, search, and consume content from printed books online. Further, the company provides Google Apps, a cloud computing suite of message and collaboration tools, which includes Gmail, Google Docs, Google Calendar, and Google Sites; Google Search Appliance that offers real-time search of business and intranet applications, and public Web sites; Google Site Search, a custom search engine; Google Commerce Search for online retail enterprises; Google Checkout to make online shopping and payments streamlined and secure; Google Maps Application Programming Interface; and Google Earth Enterprise, a firewall software solution for imagery and data visualization. Google Inc. was founded in 1998 and is headquartered in Mountain View, California.
Advisors' Opinion:- [By Douglas A. McIntyre]
Reuters has come out with a story, which, if true, would seem improbably. Apparently Cisco (NASDAQ: CSCO), Google (NASDAQ: GOOG), and Europe’s SAP have considered buying Blackberry (NASDAQ: BBRY). Alternatively, Blackberry could be smashed into pieces and sold off for junk.
- [By David Williamson and Michael Douglass]
Other highlights include a massive deal between Google�(Nasdaq: GOOG) Calico venture and big pharma Abbvie; a much needed win for a new Eli Lilly diabetes drug; a potential new weight loss drug from Novo Nordisk, and an important update regarding the alarming Ebola epidemic in Liberia.
- [By Jason Moser]
Jason points out that there are a couple of contributing factors to Control4's volatility. Number one is the fact that it's a small cap company that is playing into the beginning stages of a very big long-term trend in the smart home and the Internet of Things. Secondly, Control4 has a very small number of shares that float on the open market compared to other big tech companies like Google (NASDAQ: GOOG ) for example which means that the share price can be more subject to big swings.
Best Dow Dividend Stocks To Watch Right Now: Commonwealth Bank of Australia (CBAUF)
Commonwealth Bank of Australia (the Bank) is engaged in the provision of a range of banking and financial products and services to retail, small business, corporate and institutional clients. The Bank is a provider of integrated financial services, including retail, business and institutional banking, superannuation, life insurance, general insurance, funds management, broking services and finance company activities. Its operating segments include Retail Banking Services, Business and Private Banking, Institutional Banking and Markets, Wealth Management, New Zealand, Bankwest and Other. Its retail banking services include home loans, consumer finance, retail deposits and distribution. In December 2013, the Bank and its related bodies corporate had ceased to be the substantial holder of Reject Shop Ltd. In January 2014, the Bank and its related bodies corporate had ceased to be the substantial holder of Southern Cross Media Group Ltd. Advisors' Opinion:- [By MARKETWATCH]
LOS ANGELES (MarketWatch) -- Australia stocks enjoyed early Monday gains after an advance for commodities and U.S. stocks since the last session, with a relatively good reception for earnings. The S&P/ASX 200 (AU:XJO) improved by 0.4% to 5,376.30, with miners tracking gains in gold and copper. Rio Tinto Ltd. (AU:RIO) (RIO) added 1.3%, and Fortescue Metals Group Ltd. (AU:FMG) (FSUMF) traded 1.1% higher, while gold miners Newcrest Mining Ltd. (AU:NCM) (NCMGF) and Kingsgate Consolidated Ltd. (AU:KCN) (KSKGF) rallied 2.2% and 4.7%, respectively. Banks rose after Wall Street shares climbed on Friday, with National Australia Bank Ltd. (AU:NAB) (NAUBF) up 1% and Australia & New Zealand Banking Group (AU:ANZ) (ANEWF) adding 0.9%, though Commonwealth Bank of Australia (AU:CBA) (CBAUF) dropped 2.4% as it traded without rights to its latest dividend. Coal transport firm Aurizon Holdings Ltd. (AU:AZJ) (QRNNF) tacked on 2.1% as its fiscal first-half underlying profit increased 18%, though net profit f
- [By WWW.MARKETWATCH.COM]
LOS ANGELES (MarketWatch) -- Australia shares nudged lower early Friday, with the S&P/ASX 200 (AU:XJO) down 0.2% to erase the previous session's 0.2% gain, dragged by losses for European and U.S. equities on the back of a Portuguese financial crisis. Financials fell (Australia & New Zealand Banking Group (AU:ANZ) (ANEWF) and National Australia Bank Ltd. (AU:NAB) (NAUBF) each down 0.3%, Commonwealth Bank of Australia (AU:CBA) (CBAUF) down 0.4%, and Macquarie Group Ltd. (AU:MQG) (MCQEF) down 0.7%), and the top miners fared especially poorly (Rio Tinto Ltd. (AU:RIO) (RIO) down 1.2%, Oz Minerals Ltd. (AU:OZL) (OZMLF) down 1.1%, though BHP Billiton Ltd. (AU:BHP) (BHP) off just 0.1%). And while Atlas Iron Ltd. (AU:AGO) beat its production guidance, and Fortescue Metals Group Ltd. (AU:FMG) (FSUMF) missed its production guidance, both saw losses, with Atlas stock off 2.9% and Fortescue trading 1.6% lower. Among the gainers, Scentre Group
Best Dow Dividend Stocks To Watch Right Now: DSW Inc (DSW)
DSW Inc. (DSW), incorporated on January 20, 1969, is a United States branded footwear and accessories specialty retailer operating 326 shoe stores in 40 states as of January 28, 2012, and dsw.com. DSW has two segments: the DSW segment, which includes the DSW stores and dsw.com sales channels, and the leased business division segment. As of January 28, 2012, it operated 326 DSW stores, dsw.com and leased departments in 261 Stein Mart stores, 74 Gordmans stores and one Frugal Fannie�� store. During the fiscal year ended January 28, 2012 (fiscal 2011), DSW opened 17DSW stores and closed two DSW stores. On May 26, 2011, Retail Ventures, Inc. (RVI) merged with and into DSW MS LLC (Merger Sub), with Merger Sub surviving the Merger and continuing as a wholly owned subsidiary of DSW. In March 2012, the Company announced the opening of its store on 34th Street in Manhattan. In September 2013, DSW Inc announced the opening of a new store in Eatontown, NJ. In October 2013, DSW Inc announced the opening of two new stores in New York City. In October 2013, DSW Inc announced the opening of a new store in Greenville, SC.
The Company offers an assortment of brand name and designer dress, casual and athletic footwear for women and men, as well as accessories through its DSW stores and dsw.com. It also offers kids' shoes exclusively on dsw.com. The Company leases stores, distribution and fulfillment centers and office facilities under various arrangements with related and unrelated parties. DSW also operates leased departments for three retailers in its leased business division segment. As of January 28, 2012, DSW supplied merchandise to 261 Stein Mart stores, 74 Gordmans stores and one Frugal Fannie�� store. During fiscal 2011, DSW added 20 leased departments and ceased operations in 36 leased departments.
Advisors' Opinion:- [By Vera Yuan]
During the quarter, the Fund initiated positions in eight companies and strategically added to positions in sixteen companies. Over the same time period, the Fund eliminated its holdings in six companies and strategically decreased its holdings in another five companies. Positions initiated during the last three months include: Dorman Products, Inc. (DORM), Dover Corp. (DOV), DSW Inc. (DSW), First Niagara Financial Group (FNFG), Packaging Corporation of America (PKG), Patterson Companies, Inc. (PDCO), The Travelers Companies Inc. (TRV), and Universal Health Services Inc (UHS). Positions eliminated during the past quarter include: ABB Ltd. (ABB), Ann Inc. (ANN), Baxter International (BAX), International Game Technology (IGT), TRW Automotive Holdings (TRW), and URS Corporation (URS).
- [By John Kell and Lauren Pollock var popups = dojo.query(".socialByline .popC"); ]
DSW Inc.(DSW) said Tuesday that it is entering the Canadian market by buying a stake in Canadian footwear retailer Town Shoes Ltd. The discount footwear giant will acquire about a 44% interest in Town Shoes, a major Canadian footwear retailer, for 68 million Canadian dollars (about $62 million) in cash.
- [By Melvin Backman]
Retail stocks on the move: Sometimes the shoe really doesn't fit. DSW (DSW), a discount shoe outlet, lost more than a quarter of its market cap in early trading, as earnings came in at the lower end of expectations and same-store sales growth fell 3.7% from the year before.
- [By jaggom]
The footwear advertise in the U.S. is really divided and there are players like (DSW) and Foot Locker (FL) in the same space.
DSW has been on an expansion drive and is poised to include 30 stores in the U.s. this year. This expansion drive indicates that the organization's designer shoes and accessories are fast picking up fame among target customers and urging it to develop its business. What's more, its wedding shop accumulation sets it separated from peers. Presently, DSW operates 382 stores in 42 states, the District of Columbia and Puerto Rico.
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