U.S. stock markets have strolled sideways today as investors digest earnings and economic data released over the past week. On the economic front today, the Department of Labor said unemployment claims rose slightly to 343,000, in-line with expectations. Durable-good orders also rose 4.2%, which was ahead of expectations of 2.3% on strong orders for aircraft. When you pull out defense and aircraft orders, the gauge was up 0.7%, showing modest improvement in economic activity. With 35 minutes left in trading, the Dow Jones Industrial Average (DJINDICES: ^DJI ) is up a forgettable 0.09%, while the S&P 500 (SNPINDEX: ^GSPC ) has gained 0.25%.�
There were a few big losers on the Dow today, driven by quarterly reports. Home Depot (NYSE: HD ) fell 2.3% after homebuilders Pulte and D.R. Horton reported disappointing earnings. The housing market has been improving since the financial crisis, but rising interest rates over the past two months could hurt momentum and indirectly hurt Home Depot. Whether it's new homes or existing homes, improvement in the housing market helps Home Depot, so bad results from builders do not bode well for the company's prospects.
Top Stocks To Invest In 2014: Carolina Bank Holdings Inc.(CLBH)
Carolina Bank Holdings, Inc. operates as the holding company for Carolina Bank that provides commercial and consumer banking services to individuals and small to medium-sized businesses in the Piedmont Triad region of North Carolina. It accepts various deposit products that include personal and commercial checking accounts, savings accounts, money market accounts, certificates of deposit, and individual retirement accounts. The company?s loan portfolio comprises construction and land development loans, 1-4 family residential property loans, multifamily residential property loans, nonfarm nonresidential property loans, commercial and industrial loans, and consumer and other loans. It has four locations in Greensboro; an office in Asheboro, Burlington, High Point, and Winston-Salem; and a mortgage loan production office in Burlington. The company was founded in 1996 and is headquartered in Greensboro, North Carolina.
Top Stocks To Invest In 2014: Laurentian Goldfields Ltd (LGF.V)
Laurentian Goldfields Ltd., an exploration stage company, engages in the acquisition, exploration, and development of gold properties in Canada. The company principally holds interests in the Van Horne property located near Dryden, Ontario. It also explores for precious and base metal properties. The company was formerly known as Capo Resources Ltd. Laurentian Goldfields Ltd. was founded in 2007 and is headquartered in Vancouver, Canada.
Top 10 Biotech Companies To Own For 2014: Broadway Financial Corporation(BYFC)
Broadway Financial Corporation operates as the holding company for Broadway Federal Bank, f.s.b. that provides financial intermediary services and accepts deposits primarily in California. Its deposit products include passbook savings accounts, non-interest bearing checking accounts, NOW and other demand accounts, money market accounts, and fixed-term certificates of deposit. The company also offers loan products comprising multi-family and commercial real estate lending, one to four-family mortgage lending, commercial lending, construction lending, and consumer lending products. As of August 23, 2011, it operated three full service branches, two in the city of Los Angeles, and one in the city of Inglewood, California. The company was founded in 1946 and is headquartered in Los Angeles, California.
Top Stocks To Invest In 2014: Yamana Gold Inc.(AUY)
Yamana Gold Inc. engages in gold and other precious metals mining, and related activities, including exploration, extraction, processing, and reclamation. It also explores for copper, molybdenum, zinc, and silver metals. The company's portfolio includes 7 operating gold mines namely Chapada; El Pen
Top Stocks To Invest In 2014: Nobel Design Holdings Ltd (547.SI)
Nobel Design Holdings Ltd, together with its subsidiaries, provides interior design and renovation services for homes, offices, and commercial projects. It also manufactures and sells furniture, as well as offers homestyling services. In addition, the company engages in the retail sale of furniture, household accessories, and designer furniture; supply of furniture to hotels, service apartments, clubs, restaurants, showflats, offices, and homes; supply and installation of wardrobes, kitchens, and other wooden joinery and fittings; and trading and distribution on an e-commerce platform for furniture, accessories, fabric, and furnishings for the business-to-business markets, as well as provides turnkey project and project management services. Further, it is involved in the sourcing, supply chain management, wholesale, and Internet retail of furniture, furniture accessories, fabric, and furnishing products, as well as in property development business. The company operates in Singapore, Malaysia, Brunei, and the United States. Nobel Design Holdings Ltd is headquartered in Singapore.
Top Stocks To Invest In 2014: Caffyns(CFYN.L)
Caffyns plc operates as a motor retailer in the south east of the United Kingdom. The company offers a range of new cars, used cars, corporate/business cars, car parts and accessories, and wholesale car parts. It also provides car servicing, car repairs, and motability and accident repair services. The company holds approximately 13 franchises in 24 locations across Sussex, Kent, Surrey, and Hampshire, the United Kingdom. Caffyns plc was founded in 1865 and is headquartered in Eastbourne, the United Kingdom.
Top Stocks To Invest In 2014: Boingo Wireless Inc.(WIFI)
Boingo Wireless, Inc., together with its subsidiaries, provides mobile Wi-Fi Internet solutions. The company installs, manages, and operates wireless network infrastructure to provide Wi-Fi services at its managed and operated hotspots, such as airports, hotels, coffee shops, shopping malls, arenas, stadiums, and quick service restaurants in North America, South America, Europe, the Middle East, Africa, and Asia. Its solution includes software for Wi-Fi enabled devices comprising smartphones, laptops, and tablet computers, as well as back-end system infrastructure that detects and enables access to Wi-Fi network. The company provides its solutions to individual users and partners consisting of telecom operators, network operators, cable companies, technology companies, enterprise software and services companies, and communications companies. In addition, it provides billing system and customer support services. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.
Top Stocks To Invest In 2014: SAB Miller(SAB.L)
SABMiller plc, through its subsidiaries, engages in the manufacture, distribution, and sale of beverages. It offers beer, soft drinks, and fruit juices, as well as involves in brewing and hop farming activities. Its portfolio of brands consists of international beers, such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft, and Grolsch, as well as local brands, such as Aguila, Castle, Miller Lite, and Tyskie. The company also bottles soft drinks for The Coca-Cola Company. It sells its products in Latin America, Europe, North America, Africa, Asia, and South Africa. The company has a strategic alliance with the Castel group. SABMiller plc was founded in 1895 and is headquartered in London, the United Kingdom.
No comments:
Post a Comment