J.c. Penney Stock Climbs, After 15% Plunge

The latest $10 million round of funding will allow MyHero to expand its operations,reach and build out its existing portfolio of product offerings. Bhatia notes that equity is only the first part of what we have done and we will launch other products. MyHero also has much to do to catch up in Asia, as TradeHero is not available on Android yet whereas a large part of Asia uses Android devices. Business development director Gary Gan says the Android app is in the works and will come very soon. TradeHero | iOS Headline image via Thinkstock , screenshots via TradeHero Disclosure: This article contains an affiliate link. While we only ever write about products we think deserve to be on the pages of our site, The Next Web may earn a small commission if you click through and buy the product in question.
Source: http://thenextweb.com/apps/2013/09/27/not-just-a-game-stock-market-app-tradeheros-secret-to-standing-out-is-value-added-information/

This offering could fetch as much as $75 billion, about twice as large as Yahoo! Inc. (Nasdaq: YHOO ). And investors are also braced for a noteworthy IPO from Chrysler , which filed for an offering earlier this week. If the recent IPO by Rocket Fuel Inc.
Source: http://moneymorning.com/2013/09/26/stock-market-news-today-dow-ends-five-day-losing-streak/

Stock futures point to a higher open

(YUM), and Chipotle Mexican Grill Inc. (CMG). The indicators downside The downside of the indicator, of course, is that no economic cycle is exactly the same as the one before. Each recession will destroy specific types of jobs and then create new ones. You might have seen a Did You Know? video on YouTube that said the top-demanded jobs in 2010 never existed in 2004.
Source: http://finance.yahoo.com/news/why-us-stock-market-could-150003140.html

They closed at $10.42, up 3%, but then sank 5.3% in after-hours trading following news that the company is indeed selling shares. J.C. Penney said it plans to use proceeds from the offering “for general corporate purposes.” Underwriters will have the option to purchase an additional 12.6 million shares. Related: Is the end near for J.C.
Source: http://money.cnn.com/2013/09/26/investing/jcpenney/index.html

Why the US stock market could be in a long uptrend

Inc. /quotes/zigman/16052823/quotes/nls/tmus TMUS +0.15% is pulling BlackBerry phones from its shelves due to weak demand, though the smartphone maker will ship directly for those who still want the BlackBerry kit. Penney /quotes/zigman/237947/quotes/nls/jcp JCP +2.96% slumped after analysts at Citigroup cut their price target on the struggling retailer to $7 from $11 a share and said they have conducted a basic liquidation valuation of around $1 a share. /quotes/zigman/128454/quotes/nls/jbl JBL -9.92% could come under pressure, after falling in late trade on the heels http://www.todayhotstocks.com of a disappointing revenue outlook for the first quarter. J.P. Morgan Chase & Co.
Source: http://www.marketwatch.com/story/stock-futures-edge-up-jobless-claims-gdp-ahead-2013-09-26

Should you borrow to invest in the stock market?

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Source: http://www.citywire.co.uk/money/should-you-borrow-to-invest-in-the-stock-market/a705774


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