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Broad Selloff in Australia, ASX Down 1.9%

2015-04-30 09:43:39| Agriculture - Topix.net

Wesfarmers reported mixed quarterly sales performance across various chains. Sales at Bunnings, Officeworks and Kmart rose in double digits.

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Stifel Upgrades Union Pacific, Noting Recent Sell-Off Is Overdone

2015-04-11 10:28:18| Railroads - Topix.net

In a report published Thursday, Stifel analyst John Larkin upgraded shares of Union Pacific Corporation to Buy from Hold with an unchanged $120 price target given a more attractive risk-adjusted upside potential in shares for the first time in a while. Larkin continued shares of Union Pacific may have reacted to Kansas City Southern's profit warning in late March that started sell-off for railroad companies.

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Selloff In Biotech, Semiconductor ETFs: A Nice Entry Point?

2015-03-30 03:01:57| Biotech - Topix.net

The U.S. stock market suffered the steepest decline in the Wednesday trading session, as concerns over the lofty valuations in biotech and semiconductors unnerved investors. In addition, a surprise drop in durable goods, Middle East tensions, and weak Q1 earnings expectation sparked the selloff.

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Why Melco Crown Entertainment's Sell-Off May Be Overdone

2015-03-27 00:28:46| Trucking - Topix.net

Melco Crown Entertainment had performed well on a return basis up until recently, generating alpha returns from 2008 to 2014.. With Macau being one of the largest casino hotspots in the world today, virtually all major casino and resorts companies have steadily increased exposure to this market over the years.

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