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Week Ahead Market Report: September 22, 2014 By Clip Syndicate The S&P 500, NASDAQ Composite Dow Jones Industrial Average are all lower on Monday afternoon. Some of the most actively traded stocks Bank of America (BAC) up 0.80%, Yahoo! (YHOO) lower by 5.28%, Apple (AAPL) down 0.16%, Alibaba Group (BABA) down 4%, and Vale (VALE) lower by 5.25%. ...Read More »
Dow Analyst Moves: MSFT By Clip Syndicate The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Microsoft (MSFT) is the #21 analyst pick. Within the broader S&P 500, when components were ranked in terms of analyst favorites, MSFT claims the #304 spot. ...Read More »
Braves Fire GM Frank Wren After Missing Playoffs By Clip Syndicate The Atlanta Braves have fired general manager Frank Wren. The move was announced Monday by team president John Schuerholz, one day after the team was eliminated from the NL playoff race. Schuerholz has appointed former major league executive and MLB Network analyst John Hart as the team's interim general manager. The Braves have formed a three-person team to conduct the search for Wren's replacement. Former Cleveland and Texas general manager John Hart replaces Wren on an interim basis. ...Read More »
Boeing Exec Says Will Only Hike Jet Output If Sustainable By Clip Syndicate Boeing sees strong demand for its 737-family jets over and above its existing plans to increase production by 12 percent by 2017 but would only revise up its goals if they can be sustained, a senior executive said on Monday. Randy Tinseth, vice president of marketing at Boeing Commercial Airplanes said "Today we are building 42 airplanes a month and plan to go to 47 in 2017. ...Read More »
Why The Rally Has Room To Run By Clip Syndicate The S&P 500 closed Friday near its highest level ever. On that same day, China’s e-commerce juggernaut Alibaba went public, raising a record $21.8 billion. A lot of contrarian traders may see this as a top about to happen. However, one market watcher isn’t ready to walk away from U.S. stocks just yet but only because everything else is even more unappealing. ...Read More »
How the Healthcare Industry Can Benefit From Online Booking By By Nicole Altavilla for America's Backbone Weekly Online booking can boost business, improve efficiency and help patients stay connected to their doctors. ...Read More »
U.S. Existing Home Sales Fall As Investors Leave By Clip Syndicate U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness in the housing sector. The National Association of Realtors said existing home sales dropped 1.8 percent to an annual rate of 5.05 million units. The decline followed four straight months of gains and the sales pace was still the second highest for the year. Investors who have been propping up the market almost deserted the market last month, accounting for only 12 percent of transactions, the smallest share since November 2009.

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Futures Lower After China Policy Comments; Housing Data Due By Clip Syndicate Sigma-Aldrich shares were surging on Monday, up 34.4 percent to $137.60 after German drugs and chemicals maker Merck KGaA said on Monday it agreed to acquire Sigma-Aldrich for $17 billion in cash to boost its life science business. Volume of over 208,000 shares made it the second-most active Nasdaq listed stock in premarket and was more than 60 percent of its day-average volume of about 334,000. ...Read More »
After China, GlaxoSmithKline Faces Pressure For Change By Clip Syndicate GlaxoSmithKline may have closed one chapter in a saga of corruption allegations by accepting a $489 million fine in China, but the drugmaker has its work cut out to win back skeptical investors. That means continued pressure on Chief Executive Andrew Witty, seen not so long ago as one of the sector's star managers, who is under fire for allowing the erosion of GSK's all-important U.S. business just as much as for the woes in China. John Bennett, a director of European equities at Henderson Global Investors, which has a holding in the drugmaker said, "I think GSK is a buy when the CEO of that business goes." Other disgruntled shareholders believe an accelerated change of chairman would be an important signal that the company is acting to address their concerns and working to improve financial returns.

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Volkswagen Seeks Higher Margins With China-only Luxury Sedan: Sources By Clip Syndicate Two people with knowledge of the plan said, Volkswagen AG will launch a VW-badged luxury sedan designed solely for China next year in its pursuit of higher margins, in a move that could put it in direct competition with its premium brand Audi. The people said, declining to elaborate on the vehicle's China-specific elements, the car will be based on Audi AG's A6, the country's top-selling luxury sedan. The A6 in China has a longer body than A6s elsewhere, allowing more leg room and out-sizing many of its rivals.

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