Chinese Singles Love Alibaba
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Article By:
Daily Forex
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Wednesday, November 12, 2014 4:26 AM EDT
This year, Alibaba's sales are expected to be about 50 billion yuan ($8.17 billion), a 40 percent increase from last year, according to Ben Cavender, principal at China Market Research Group.
In this article: BABA
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China's Latest Ghost Town: A $50 Billion Fake Replica Of Manhattan
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Article By:
Tyler Durden
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Wednesday, November 12, 2014 4:13 AM EDT
China's $50-billion knock-off of the Big Apple - near the port city of Tianjin, some 120 miles from Beijing - complete with its own Rockefeller Center and Twin Towers has been billed as the world's largest financial center in the making. But this Manhattan still has a long way to go...
Alibaba Does Record Singles Day Sales, BABA Falls Anyway
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Article By:
Zacks Investment Research
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Tuesday, November 11, 2014 5:13 PM EDT
Today’s 4% sell-off is minuscule compared to the 45% plus gains off the stock’s IPO, and analysts suspect that the stock will soar even higher as the holiday season comes along.
In this article: BABA
As QE3 Ends, Fed Reserves Have Biggest Drop Since Start Of QE
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Article By:
Tyler Durden
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Tuesday, November 11, 2014 3:39 PM EDT
While we understand the Fed's desire to pass the monetization baton seamlessly from the end of QE3 in the US, to the expansion of QE in Japan first, and then the launch of public QE by the ECB, things may not be quite as smooth as desired .
Small Business Optimism: Moderate Improvement, But No Clear Direction
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Article By:
Doug Short
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Tuesday, November 11, 2014 2:58 PM EDT
The latest issue of the NFIB Small Business Economic Trends is out today. The November update for October came in at 96.1, up 0.8 points from the previous month.
Continuing Proof Of Structural Changes In The U.S. Workforce
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Article By:
Doug Short
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Tuesday, November 11, 2014 1:16 PM EDT
The closely watched headline unemployment rate is a calculation of the percentage of the Civilian Labor Force, age 16 and older, currently unemployed.
D.R. Horton Misses Q4 Earnings On Higher Costs, Sales Beat
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Article By:
Zacks Investment Research
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Tuesday, November 11, 2014 12:17 PM EDT
D.R. Horton Inc.’s adjusted earnings of 45 cents per share in the fourth quarter of fiscal 2014 missed the Zacks Consensus Estimate of 49 cents by 8.2%.
In this article: DHI
The Fed Won: America's 0.1% Are Now Wealthier Than The Bottom 90%
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Article By:
Tyler Durden
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Tuesday, November 11, 2014 11:28 AM EDT
The top 0.1% (consisting of 160,000 families worth $73m on average) hold 22% of America’s wealth, just shy of the 1929 peak—and almost the same share as the bottom 90% of the population.
Achillion Pharmaceuticals Continues To Impress With Hepatitis C Results In A Combination Study
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Article By:
Terry Chrisomalis
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Tuesday, November 11, 2014 10:55 AM EDT
ACH-3102 showed 100% Hepatitis C virus clearance in combination with Gilead's sofosbuvir.
Morning Call - 11/11/2014
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Article By:
Jim Van Meerten
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Tuesday, November 11, 2014 9:35 AM EDT
December E-mini S&Ps (ESZ14 +0.17%) this morning are up +0.07% at a fresh record high on optimism the U.S. economy can weather a global slowdown and the end of the Fed's bond purchases.
Munson On Fox
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Video By:
Lee Munson
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Tuesday, November 11, 2014 8:25 AM EDT
Fox Business Network's After The Bell Invites Portfolio Wealth Advisor Chief Investment Officer and financial expert Lee Munson his opinions on multiple topics. (Video Length: 00:14:40)
Yen Slumps And Dollar Turns Better Bid
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Article By:
Marc Chandler
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Tuesday, November 11, 2014 6:32 AM EDT
While the US dollar has come back bid today, the realstory is the drop in the Japanese yen.