Market News
Berkshire's NetJets Names New Leadership
Wall Street Journal - 1 Jun 2015 16:47
NetJets said Jordan Hansell has stepped down as chairman and chief executive, a move that comes as the private-jet company owned by Berkshire Hathaway has faced recent labor unrest.
Gold Gains Allure as U.S. Economy Stumbles
Wall Street Journal - 1 Jun 2015 20:53
Some investors are betting on gold, seeing it as a bargain and a haven as a flagging U.S. recovery pares expectations for a steep increase in U.S. interest rates.
Interesting January 2017 Stock Options for Procter & Gamble
Forbes - 1 Jun 2015 18:14
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Procter & Gamble Co. (NYSE: PG). So this week we highlight one interesting put contract, and one in...
India 10-year bond yield falls to four-week low as rate cut seen
livemint.com - 1 Jun 2015 11:17Railroads Weekly Review: Norfolk Southern, CSX, Union Pacific
Forbes - 1 Jun 2015 21:08
Railroad stocks were again bearish last week after seeing some stability in the prior week. Stocks are declining as a result of concerns over energy sector volumes, which had earlier led Kansas City Southern to lower its...
For Fed, Strong Dollar Complicates Rate Calculus
Wall Street Journal - 1 Jun 2015 01:20
If the economy disappoints--because of the drag from a strong dollar or other reasons, the Fed might want to wait on interest-rate hikes.
Reported Statistics Failing To Tell True Story About Economy
Forbes - 1 Jun 2015 22:48
There are many services that are very important to the U.S. economy that are not included in the retail sales data. Results for these come out at the end of each month and are largely ignored by the media.
'New Economy' Businesses Add Wrinkle In Getting Economic Forecasts Right
Forbes - 1 Jun 2015 22:40
The advent of peer-to-peer businesses, I believe, is one factor making the economic picture more difficult to discern today than in prior periods.
Dow Jones Industrial Average Closes Higher Ahead Of Auto Sales Data From General Motors Company (GM), Ford Motor Company (F)
IBTimes - 1 Jun 2015 22:22
U.S. stocks closed higher Monday as investors shook off concerns about the economy following a batch of mixed economic reports on consumer spending and the manufacturing sector. Monday's gains were driven by the technolo...
Irda issues new norms for corporate agents
livemint.com - 1 Jun 2015 21:34
Recent amendments to the draft guidelines on open architecture in insurance distribution will bring respite to bank-promoted insurance companies
Humana's Pricey Medicare Prize
Wall Street Journal - 1 Jun 2015 21:28
Health insurer Humana is an expensive tonic for potential buyers looking for a stronger Medicare presence.
Intel and Altera: Not Just a Chip Off the Old Block
Wall Street Journal - 1 Jun 2015 21:11
Unlike other recent semiconductor deals, Intel's purchase of Altera has a defensive whiff to it.
Why Aeropostale's EBITDA Margins Can Rebound Going Forward
Forbes - 1 Jun 2015 21:10
We believe that the worst is behind Aeropostale now and its margins may have bottomed out. A bottomline recovery is imminent because even a slightest improvement from here on will be reflected as increase in margins. At ...
Time Warner's CNN Sees Solid Ratings Growth In Q1
Forbes - 1 Jun 2015 21:06
Time Warner's CNN news network saw solid ratings growth with a 22% jump in total day and a 20% jump in the key 25-54 demographics during the first quarter. It maintained its second spot after Fox News while MSNBC continu...
How Will CVS Health Benefit From its Acquisition of Omnicare?
Forbes - 1 Jun 2015 21:05
The healthcare industry has seen consolidation on a wide scale this year, with market leaders making multi-billion dollar deals. First it was Rite Aid in February, which acquired EnvisionRx (for about $2 billion) to ente...
U.S. Traffic Decline, Strong Dollar To Offset Guess' Slight Economic Recovery In Europe
Forbes - 1 Jun 2015 21:04
Guess's stock has fallen by more than 30% during the past year due to consistent weak performance, and we expect to learn that this continued with its Q1 fiscal 2016 results, which it will report on June 2nd. Over the pa...
Dollar Strengthens After ISM Data
Wall Street Journal - 1 Jun 2015 20:44
The dollar pushed to a 12-year high against the yen after manufacturing data provided evidence that the U.S. economy is emerging from its slump.
Monday Sector Laggards: Energy, Materials
Forbes - 1 Jun 2015 20:37
The worst performing sector as of midday Monday is the Energy sector, showing a 0.3% loss. Within that group, Noble Corp plc (NYSE: NE) and Transocean Ltd. (NYSE: RIG) are two large stocks that are lagging, showing a los...
Monday Sector Leaders: Healthcare, Industrial
Forbes - 1 Jun 2015 20:36
Looking at the sectors faring best as of midday Monday, shares of Healthcare companies are outperforming other sectors, up 0.6%. Within that group, Intuitive Surgical Inc (NASD: ISRG) and Bristol-Myers Squibb Co. (NYSE: ...
See Which 9 Guru Fund Managers Hold LyondellBasell Industries
Forbes - 1 Jun 2015 20:32
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 4,007 13F filings for the 03/31/2015 reporting period, and noticed that LyondellBasell Industries N...
Auto Sales Are No Lemon
Wall Street Journal - 1 Jun 2015 19:58
U.S. auto sales in May could be even stronger than they appear as pricier vehicles fly off dealer lots.
A year of waiting for manufacturing jobs
livemint.com - 1 Jun 2015 19:58
In the past year, while there was a marginal expansion in manufacturing employment in six months, the other six months saw a slight contraction