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Market News

Location American Market News for 3 July 2014
Interesting Walgreen Put And Call Options For August 22nd Investors in Walgreen Co. (NYSE: WAG) saw new options begin trading today, for the August 22nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the WAG options chain for the new August ...
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Gold prices fall on global cues; silver up

livemint.com - 3 Jul 2014 12:22
Gold prices fall on global cues; silver up Gold of 99.9 and 99.5% purity fell by Rs100 each to Rs28,400 and Rs28,200 per 10 grams, respectively
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A prominent consumer privacy group is filing a complaint with the Federal Trade Commission, claiming that Facebook's users were deceived by the mood experiments conducted by the social network in 2012. "We think the Face...
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Thursday 7/3 Insider Buying Report: NSL

Forbes - 3 Jul 2014 21:08
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.  So let's look at one noteworthy recent insider buy.
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Thursday Sector Leaders: Services, Consumer Products Looking at the sectors faring best as of midday Thursday, shares of Services companies are outperforming other sectors, higher by 1.0%. Within the sector, PetSmart (NASD: PETM) and Omnicom Group (NYSE: OMC) are two large...
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Thursday Sector Laggards: Utilities, Energy Looking at the sectors faring worst as of midday Thursday, shares of Utilities companies are underperforming other sectors, showing a 1.0% loss. Within that group, Public Service Enterprise Group (NYSE: PEG) and Entergy ...
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Videocon d2h likely to bring IPO this fiscal

livemint.com - 3 Jul 2014 21:00
Videocon d2h likely to bring IPO this fiscal Firm had received Sebi nod 2013 but did not launch IPO due to bad market conditions
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The momentum is in India's favour now: Sameer Bhatia The executive director of client investments at Taurus says Indian stocks are on a high on expectations the new government will deliver on reforms
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Jobs Report Not Important To Economic Outlook Jobs are a lagging indicator. Other reports are painting a quite different picture of economy.
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We expect the hybrid license to help China Unicom improve its monthly subscriber adds and pose a bigger challenge to China Mobile?s dominance in 4G. However, it remains to be seen how the carrier intends to increase the ...
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Paychex's Payroll clients increased 2% to reach approximately 580,000. The company expects 3-5% growth in the segment's revenues for the fiscal year 2015 based on its estimates for growth in revenue per check and client ...
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The announcement came just a couple of days after Pinnacle Foods terminated its merger agreement with Hillshire Brands. Announced on May 12, the $6.6 billion Hillshire-Pinnacle deal (including debt) was broadly criticize...
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RBI restores overseas investment limit

livemint.com - 3 Jul 2014 18:42
RBI restores overseas investment limit Overseas investment limit of Indian companies restored to 400% of firm's net worth after rupee rebounded from last year's record lows
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WASHINGTON
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The Dow industrials broke above the 17,000 milestone on Thursday and theS&P 500 came within 1 percent of piercing through 2,000 after the U.S. unemployment rate fell to its lowest in almost six years and the American eco...
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Amazon.com (NASDAQ: AMZN) has become one of the top 10 largest companies in the United States, jumping from No. 11 to No. 9 after sales increased by more than 27 percent between 2012 and 2013, according to the latest STO...
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Happy Independence Day, our patriotic friends! July 4 is a day of country pride, fireworks and of course gathering around the barbeque with family and friends for a smorgasbord of summer treats. But once you're done stuf...
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There was much to celebrate in the U.S. jobs report released Thursday by the Department of Labor. Hiring for the past six months is stronger than it's been since January 2000, with April's revised figure topping 300,000 ...
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Thursday's ETF with Unusual Volume: PGJ

Forbes - 3 Jul 2014 18:17
The PowerShares Golden Dragon China Portfolio ETF (PGJ) is seeing unusually high volume in afternoon trading Thursday, with over 360,000 shares traded versus three month average volume of about 94,000.  Shares of PGJ we...
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Thursday's ETF Movers: KRE, XLU

Forbes - 3 Jul 2014 18:16
In trading on Thursday, the SPDR S&P Regional Banking ETF (KRE) is outperforming other ETFs, up about 1.4% on the day.  Components of that ETF showing particular strength include shares of Western Alliance Bancorp (WAL)...
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In trading on Thursday, electric utilities shares were relative laggards, down on the day by about 0.8%.  Helping drag down the group were shares of EXCU (EXCU), down about 2.5% and shares of Public Service Enterprise G...
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In trading on Thursday, paper & forest products shares were relative leaders, up on the day by about 2.5%.  Leading the group were shares of Verso Paper (VRS), up about 18.8% and shares of Kapstone Paper and Packaging (...
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