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TGIF As Markets Rally; S&P 500 Posts Longest Weekly Loss Streak Since 2011
2014 Oct 17, 4:43pm
U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...
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Why Lemelson Capital Is Short On Ligand Pharmaceuticals
2014 Oct 17, 3:52pm
Rev. Emmanuel Lemelson is the Chief Investment Officer of Lemelson Capital Management, and investment firm that is short in Ligand Pharmaceuticals Inc. (NASDAQ: LGND). Lemelson recently joined Benzinga’s #PreMarket Prep to talk about why he thinks anyone who is considering investing in...
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The Rise Of ESPN's 'College GameDay'
2014 Oct 17, 3:48pm
They've been coming to your city for 21 years. And this week, ESPN’s "College GameDay" goes to back to where it began...well, sort of. Fifth-ranked Notre Dame (6-0) travels to second-ranked Florida State (6-0) Saturday night. The matchup of unbeatens recalls the very first...
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Belus Capital's Brian Sozzi Previews Chipotle Mexican Grill's Q3 Results
2014 Oct 17, 3:37pm
Chipotle Mexican Grill, Inc. (NYSE: CMG) is set to report its third quarter results on Monday after market close. Analysts are expecting the popular fast-casual restaurant operator to earn $3.81 per share on comp growths of 16.9 percent. Chipotle reported its second quarter results on July 21....
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The Year-Long Chain Of Retailer Data Breaches
2014 Oct 17, 3:15pm
The Wall Street Journal reported on December 18, 2013 that Target Corporation (NYSE: TGT) had been the victim of an "extensive theft" of customers' credit and debit card data. Understandably, consumers panicked and investors worried. The timing couldn't have been worse as...
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Best And Worst ETFs Of The Week Amid Market Rebound
2014 Oct 17, 2:17pm
The stock market slump reversed course this week as traders looked to overcome the downside momentum that threatened to erase 2014 gains. On Friday, the SPDR S&P 500 ETF (NYSE: SPY) jumped 1 percent on better-than-expected earnings announcements and comments from Federal Reserve...
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Public Gaffes By Public Figures: Gender Discrimination Still An Issue
2014 Oct 17, 1:31pm
With Microsoft Corporation (NASDAQ: MSFT) CEO Satya Nadella suffering from some moderate-to-severe PR burns after a bit too much time in the spotlight, gender discrimination once more comes to the forefront of sensationalized news flubs. While Nadella’s comment about how women should not...
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Sometimes You Need To Close Your Eyes And Buy
2014 Oct 17, 1:22pm
Last Friday, the S&P 500 index futures closed on its lows for the session as well as its lowest level since early August (1894.25). After a brief pop to 1906, it was lights out as the index cratered 93 handles before bottoming at 1813 on Wednesday morning. The main catalyst for the decline...
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Five 3D Printed Body Parts
2014 Oct 17, 12:50pm
The healthcare industry is one of the fastest growing sectors in 3D printing. According to Grand View Research, the healthcare-related 3D printing will be a $1.1 billion market by 2020. This is because 3D printers are used to make everything from prosthetic limbs to ears to exoskeletons for...
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Investors Flee European ETFs
2014 Oct 17, 12:49pm
European equity funds saw its biggest outflow ever last week as investors pulled $5.7 billion from the asset class. The move may not be surprising considering the slowing growth in the region and concerns that another recession could grip several countries. Several of the broad-based European...
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Apple, Google Lead List Of Top 10 Most Valuable Brands
2014 Oct 17, 12:21pm
Some companies seem to always have what it takes to stay on top. Whether they've been around for 10 years or 100 years, companies know what makes a good brand. Here is Interbrand's list of the 10 most valuable brands. Since 1974, Interbrand has been one of the world's leading brand...
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Mark Cuban Tweets That Someone Will Buy Netflix
2014 Oct 17, 11:52am
Dallas Maverick owner and technology entrepreneur Mark Cuban tweeted on Friday that he is buying shares of Netflix, Inc. (NASDAQ: NFLX). Cuban noted that shares of Netflix's market cap of approximately $21 billion is nearly half the size of Yahoo! Inc.'s (NASDAQ: YHOO) $39 billion and...
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An Economist's Perspective On Ebola Outbreak
2014 Oct 17, 11:48am
Neil Dutta is the head of U.S. economics for Renaissance Macro Research, and he said that even though the risk of an outbreak in the United States is low, there will still be a lot of headlines about it in the near future. He recently joining Benzinga’s #PreMarket Prep to share thoughts...
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3 Startups That Could Bolster PayPal's Business
2014 Oct 17, 10:02am
The online payments space has become increasingly crowded in the last few years. Devices and startups have mushroomed to challenge PayPal, Inc.'s dominance. In response, the San Jose-based company has pursued an aggressive growth strategy, launching new products and partnering with existing...
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Data Center REITs Outperforming Market In Face Of Bearish Retreat
2014 Oct 17, 9:10am
While the Dow Jones Industrial Average continues its bearish six day slide, it becomes easier to pick out companies that are showing relative strength in the face of negative headlines, increased volatility, and bearish sentiment. The REIT sector as a whole has performed quite well as investors...
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