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Shorting chickens becomes hot trade in stock market
2014-11-30 13:54:20| Food - Topix.net
With no futures market to speculate on chicken-price movements, they're turning to the equity market, borrowing record amounts of shares of two U.S. poultry producers that they in turn sell in anticipation of declines. The percentage of outstanding shares of Greeley-based Pilgrim's Pride Corp., the second-biggest U.S. chicken producer, that were sold short by investors has soared more than sixfold since Sept.
Oil prices, stock plummet day after OPEC meeting
2014-11-30 02:36:44| Oil & Gas - Topix.net
A decision by OPEC to not cut oil production has pushed oil prices down and brought home the realization that the decline since July is likely to not abate soon. Above, an oil well was recently photographed being drilled near Williston, N.D. A day after OPEC opted not to cut oil production despite a weakening global market, prices plummeted to their lowest level since 2010.
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meeting
Berko: Verizon stock builds foundation
2014-11-30 00:56:30| IT Services - Topix.net
Dear Mr. Berko: I'm 49, and for each of the past eight years, I've invested between $8,000 and $12,000 in my simplified employee pension individual retirement account, which is now worth $119,000. My first investment was Johnson & Johnson in 2006, and the following years, I bought Microsoft, Colgate, Monsanto, CVS, Boeing, Becton Dickinson and General Dynamics.
Tags: stock
foundation
builds
verizon
Berko: Verizon stock builds foundation
2014-11-29 21:37:41| Telecom - Topix.net
Dear Mr. Berko: I'm 49, and for each of the past eight years, I've invested between $8,000 and $12,000 in my simplified employee pension individual retirement account, which is now worth $119,000. My first investment was Johnson & Johnson in 2006, and the following years, I bought Microsoft, Colgate, Monsanto, CVS, Boeing, Becton Dickinson and General Dynamics.
Tags: stock
foundation
builds
verizon
Stock Traders Purchase High Volume of Call Options on Honda Motor Co Ltd
2014-11-29 19:08:24| Automakers - Topix.net
Honda Motor Co Ltd was the recipient of unusually large options trading activity on Friday. Stock traders bought 150 call options on the company, American Banking & Market News reports.
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