News & Commentary

Market Close Report: NASDAQ Composite index closes at 3,498.97 up 33.73 points

Friday's session closes with the NASDAQ Composite Index at 3,498.97. The total shares traded for the NASDAQ was over 1.78 billion. Advancers stocks led declining by 2.2 to 1 ratio. There were [...]


Latest News Videos

Five Stats from the Market
Five Stats from the Market          

Moving the Market

Briefing.com - LIVE market analysis Market Summary  | Stocks On The Move
5/17/2013 4:15 PM ET
[BRIEFING.COM]

[BRIEFING.COM] The S&P 500 ended this week with a bang, roaring to a new all-time high on the back of stronger-than-expected economic data, influential leadership, and an ongoing appreciation for the Fed's monetary policy...

[more]

Browse News by Category





Market Currents Market Currents

Real-time news and commentary for investors

  • 8:45 AM   Newly public ING U.S. (VOYA) is up 20% since its IPO 2 weeks ago, but only trades at 60% of book value compared to the average life insurer ([[MET]], [[HIG]], [[PRU]]) selling for near book, writes Andrew Bary. Not only that, but the company is misunderstood - it's more retirement-services specialist (think [[PFG]]) and asset manager than life insurer, and should command an even higher valuation. What's more the seller ([[ING]]) was forced by regulators to do so against its will, the ING CEO calling it a "significant destruction of capital." Spinoff & Reorg Profiles - rarely a fan of promoted IPOs - think's it's worth $31. With an easily digestible $6B market cap, it might be worth even more to an acquirer.
  • See All Market Currents