Stocks Rise on US Jobs Report – ABC News
After a review, I decided it should go in the “too hard” bin, given its high leverage and dealings with interrelated companies also owned by Norwegian shipping magnate John Fredriksen. Vector Group was covered a year ago . Vector Group has steadily raised its dividend over the past 19 years, but it has always paid out more in dividends than it brings in through free cash flow. The company currently pays out over view publisher site 400% of its free cash flow as dividends.
In Shanghai, Metro Land Corp. is down 4.2%, Huayuan Property Co. is down 1%, and Beijing Dalong Weiye Real Estatte Development is moving lower by 0.7%. However, techs are rising across the board after their counterparts rallied in the U.S. Hang Seng Index heavyweight Tencent Holdings is advancing 1.2%, and computer maker Lenovo Group, also on the benchmark index, is up 0.8%. Other gainers include onlin actio n-servi ce provider China Binary Sale Technology (up 1.5%), childrens online-game developer Baioo Family Interactive (up 1.3%), and online card-game operator Boyaa Interactive International (up 1%). 9:52 pm Tokyo (Nikkei Average) up 0.6% Hong Kong (Hang Seng Index) up 0.7% Shanghai (Shanghai Composite Index) flat Seoul (Kospi) up 0.1% Australia stocks: Happy belated birthday, Queen!
Asia Stocks live blog: Pricing in U.S. and Chinese numbers – The Tell – MarketWatch
Markets in South Korea were closed for a holiday. In currency markets, the euro weakened to $1.3639 from $1.3659 in late trading Thursday. The dollar rose to 102.53 yen from 102.43 in late trading Thursday. Oil prices dipped, with benchmark crude for July delivery down 9 cents to $102.39 in electronic trading on the New York Mercantile Exchange. Related Topics: Jobs Report , U.S.
Beware these overpriced stocks – – MSN Money
Over the past few months, the market has mercilessly punished sexy, highly valued stocks. The bloodbath shows yet again that investors ignore the price of a stock at their peril. And despite the plunge in share prices, these former high fliers are still nowhere near bargain levels. With few exceptions, the companies that took the brunt of the shellacking are involved in either biotechnology or “new technology.” Many of them only recently came public.