“On Thursday FedEx (FDX) reported fiscal third-quarter earnings that topped already optimistic expectations. Earnings per share of 76 cents were more than double the 31 cents in the year-ago Read more…
IYT
It was announced that Ratiopharm had accepted a bid from Teva for about $5 billion. The combined company will have a strong presence in Europe as Ratiopharm is the #2 generic drug maker in Germany. Despite the positive news Read more…
IBB, IYF, IYR
In midday trading Thursday, the Broadband HOLDRS ETF (BDH) is outperforming other ETFs, up about 1.4% on the day. And underperforming Read more…
AMEX:BDH, TAN, video
“If you think that the credit issue and risk in sovereign debt is going away any time soon, you better think again. A small under-covered downgrade today is something which should be reviewed by Read more…
NYSE:BWX
“Clusterstock’s Chart of the Day makes the case that gold ETFs like the massive SPDR Gold Shares (GLD) have helped push prices higher in recent years by letting speculators bet on the precious Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD
Call me a worrywart, but palladium’s got me fretting. Platinum’s poorer relation has boomed since December 2008, when spot prices bottomed at $160 an ounce. But earlier this month, palladium’s Read more…
PALL
Continuing to open new avenues of investing for Chinese investors, Standard & Poor’s, the world’s leading index provider, announced today that it has licensed the S&P 500 to Bosera Asset Read more…
ETF BASIC NEWS
ProFunds Group, the world’s largest manager of leveraged and inverse funds,1 announced today that it is launching the first ETFs offering single inverse exposure to equity indexes on China, the U.S. Real Estate and the Read more…
MYY, NYSE:DDG, NYSE:DOG, NYSE:EFZ, NYSE:EUM, PSQ, REK, RWM, SBB, SBM, SEF, SH, TBF, YXI
Scott Nations of NationsShares shared his thoughts on using an ETF to hedge against a declining dollar. With the Fed Read more…
UUP
The rally in the Financial Select Sector SPDR Fund (XLF) on Wednesday means the exchange-traded fund has more than doubled in value from a year ago. The ETF set a new 52-week high of $15.97 a Read more…
XLF
“Citigroup Inc (NYSE:C) stock is maintaining its strength, after the Fed announced it would hold the line on interest rate hikes. Now the big question for investors seems to concern what Citigroup Read more…
ETF BASIC NEWS
In midday trading Wednesday, the SPDR S&P International Energy Sector ETF (IPW) is outperforming Read more…
IPW, NYSE:BBH, video
“So far this year, the Claymore/Delta Global Shipping (SEA) has outperformed the broader market by a wide margin, and there is reason to believe that its winning streak will continue. Year to date Read more…
SEA
“Less than halfway through the session, the (XLV) health care exchange-traded fund is seeing call volume that is 11 times its total daily average. The Heathcare SPDR Fund has averaged total option Read more…
XLV
“A stalled proposal hammered out last year to permit exchange traded funds to operate without having to obtain individual exemptive orders may finally see the light of day sometime within the Read more…
ETF BASIC NEWS
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