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Argentine economy minister to hold news conference on debt crisis

published about 2 hours ago
BUENOS AIRES (Reuters) - Argentina's Economy Minister Axel Kicillof will hold a news conference at 4 p.m. (1900 GMT) on the country's debt crisis, the ministry said on Thursday. (Reporting by Alejandro Lifschitz; Writing by Sarah Marsh; Editing by James Dalgleish)

A Stock With Tremendous Firepower Selling For Cheap

published about 2 hours ago
A Stock With Tremendous Firepower Selling For Cheap
Don Wordell: Stocks have to have three elements to enter our portfolios: dividends, valuations and fundamentals. We start with dividends not because we think dividends are a panacea, but we like the characteristics of dividend-paying stocks. Over time dividend-paying stocks have provided investors with lower volatility and a much better total return. The piece of information that we think most investors miss about dividends is simply the signal that a management team and a board of directors sends to the ... more

Weekly Economic & Market Commentary with Herb Morgan

published about 2 hours ago
For the week ended July 25, 2014 financial markets were mixed. Domestically, REITs, Small, and Mid Cap stocks sold off while Large Cap stocks were unchanged. I-Shares Cohen & Steers Realty Major Index ETF (ICF) was down 0.42%, while international equity markets caught a bid. Emerging markets were the standout among them all with I-Shares MSCI Emerging Markets Index ETF (EEM) adding 1.47%. The rally in emerging market ETFs has been so swift, they have recovered from  negative returns earlier in ... more

Thursday Sector Laggards: Industrial, Consumer Products

published about 2 hours ago
Thursday Sector Laggards: Industrial, Consumer Products
The worst performing sector as of midday Thursday is the Industrial sector, showing a 1.6% loss. Within that group, L-3 Communications Holdings (NYSE: LLL) and Pentair (NYSE: PNR) are two large stocks that are lagging, showing a loss of 15.6% and 7.2%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (AMEX: XLI), which is down 1.4% on the day, and up 0.67% year-to-date. L-3 Communications Holdings, meanwhile, is down 4.36% year-to-date, and ... more

Thursday Sector Leaders: Energy, Utilities

published about 2 hours ago
Thursday Sector Leaders: Energy, Utilities
In afternoon trading on Thursday, Energy stocks are the best performing sector, losing just 0.7%. Within that group, Marathon Petroleum (NYSE: MPC) and Tesoro (NYSE: TSO) are two large stocks leading the way, showing a gain of 7.1% and 4.0%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is down 1.1% on the day, and up 11.38% year-to-date. Marathon Petroleum, meanwhile, is down 6.87% year-to-date, and Tesoro is up ... more