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Last updated on April 16, 2014 at 5:31 EDT

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2013-04-22 08:29:15

LONDON, April 22, 2013 /PRNewswire/ -- The healthcare industry is undergoing a major transformation as they adapt to President Obama's Affordable Care Act (ACA). The ACA will result in the biggest overhaul of the healthcare industry in decades. While the reform will be beneficial to the healthcare industry in the long-term, it will result in higher costs for the industry in the short-term. On Friday, the healthcare sector rose sharply, tracking gains in the broad market, which...

2013-04-22 08:26:18

LONDON, April 22, 2013 /PRNewswire/ -- One of the major trends to emerge in the entertainment industry in recent years has been the shift to digital. More and more entertainment companies are shifting to the Internet and mobile for distribution of content. In fact, going forward online will be the key growth driver for media and entertainment companies. Media and entertainment stocks ended mostly higher on Friday, tracking gains in the broad market, which rebounded sharply...

2013-04-18 08:24:27

LONDON, April 18, 2013 /PRNewswire/ -- On Monday, all three benchmark indexes in the U.S. posted their biggest intra-day loss in 2013 after China's GDP data weighed down sentiment. After rebounding sharply in Tuesday's trading session, equity markets once again struggled on Wednesday as investors digested some disappointing earnings reports. The Basic Materials sector was the worst performer at the beginning of this week, and the sector once again fell sharply in Wednesday's...

2013-04-18 08:24:24

LONDON, April 18, 2013 /PRNewswire/ -- Utilities are expected to see an increase in capital spending over the next few years as they look to improve their existing infrastructure. Costs are also expected to rise as utilities implement measures to meet new environmental regulations. One positive for utilities, however, has been a sharp decline in natural gas prices. Several electric utilities have switched from coal to natural gas to generate electricity over the past year as...

2013-04-17 08:32:13

LONDON, April 17, 2013 /PRNewswire/ -- Over the past decade, the steel & iron industry has seen strong demand from China. The world's fastest growing major economy, however, saw a slowdown in 2012. This had a negative impact on demand for steel & iron. While concerns over a hard landing in China have eased, the world's second largest economy is not expected to grow at the same pace as it did in the past decade. One positive for steel & iron companies such as AK...

2013-04-16 08:34:25

LONDON, April 16, 2013 /PRNewswire/ -- Stocks saw their biggest one-day drop in 2013 on Monday as investors pulled money out of risk assets. Market sentiment was weighed down by disappointing Chinese and U.S. economic data. The weak economic data from the world's two largest economies has once again raised concerns over the state of the global economy. All sectors in the S&P 500 saw a sharp pullback, with technology sector falling more than 2%. Among the major movers in the...

2013-04-16 08:23:37

LONDON, April 16, 2013 /PRNewswire/ -- Oil prices tumbled on Monday as commodities came under pressure following disappointing Chinese GDP data. China, the world's fastest growing major economy, grew 7.7% in the first quarter, which is below the consensus forecast. The weak Chinese GDP data was followed by some disappointing U.S. economy data. With the world's two largest oil consumers showing signs of slowdown, oil prices are expected to remain under pressure. This does not...

2013-04-15 08:29:04

LONDON, April 15, 2013 /PRNewswire/ -- One of the most controversial features of the Affordable Care Act (ACA) has been the 2.3% tax on total sales of taxable medical devices by medical equipment & supplies companies. The controversial tax will lead to higher costs for medical devices companies such as Accuray Incorporated (NASDAQ: ARAY) and DENTSPLY International Inc. (NASDAQ: XRAY). On March 21, however, the Senate voted 79 to 20 to pass a non-binding budget amendment,...

2013-04-15 08:23:32

LONDON, April 15, 2013 /PRNewswire/ -- Electric utilities are adapting to new environmental regulations. Several companies in the utilities sector are also boosting their capital spending to improve their existing infrastructure. However, a sharp drop in natural gas prices is benefiting the industry. A number of utilities have shifted from coal to natural gas to generate power after natural gas prices hit record low levels last year. Overall the outlook for U.S.-based utilities...

2013-04-12 08:28:32

LONDON, April 12, 2013 /PRNewswire/ -- Despite the rally in the broad market, the technology sector met with some challenges on Thursday as a sharp decline in shares of some major technology companies dragged down the sector as a whole. The sector was pushed lower after a report from research firm IDC showed that worldwide shipments of PCs tumbled 13.9% in the first quarter. The data highlights the weakening demand for PCs as more and more users shift to smartphones and tablets....