Market News
Lloyds Hybrid Mess Is Lesson for Banks
Wall Street Journal - 3 Jun 2015 19:31
Lloyds Banking Group is counting the cost of regulatory change, after a court decision blocked the bank from redeeming expensive hybrid bonds early. That is a warning to other banks.
Government Bond Yields Hit 2015 Highs
Wall Street Journal - 3 Jun 2015 23:46
Yields on U.S. Treasurys and German bunds reached their highest levels so far this year, as government bonds extended a recent selloff after a wave of upbeat economic data highlighted investors' concerns that bonds are o...
Federal Reserve System: Beige Book Reveals US Economic Growth To Bounce Back This Spring
IBTimes - 3 Jun 2015 23:33
The U.S. economy looks set to rebound this spring after last winter's lackluster showing. The Federal Reserve's Beige Book revealed Wednesday that the economy grew at a "modest to moderate" pace in the past few months, a...
Bill Gates Urges Students To Stick With College, Even Though He Dropped Out
IBTimes - 3 Jun 2015 22:48
Graduating from college is still one of the best career choices that a person can make - that's the message that Bill Gates, the billionaire co-founder of Microsoft who dropped out of one of America's top colleges after ...
Dow Jones Industrial Average Closes Higher: Home Depot Inc (HD) Jumps 1%; Synchronoss Technologies Inc (SNCR) Soars 15%
IBTimes - 3 Jun 2015 22:38
U.S. stocks closed higher Wednesday after the Federal Reserve's Beige Book said economic activity expanded at a "modest to moderate" pace over the past few months, signaling the economy will rebound in the spring followi...
Behold The Boost To Shareholder Value From Buybacks And Dividends
Forbes - 3 Jun 2015 21:59
Goldman Sachs recently estimated that dividend yield will be the single largest contributor to total returns by the end of this year. It's easy to see why, judging from the sheer number of companies that offer a dividend...
Tesla Motors Inc (TSLA): Why Wall Street Questions Monthly Model S Sales Estimates
IBTimes - 3 Jun 2015 21:49
Tesla Motors Inc. sold 1,652 Model S luxury electric cars in the U.S. last month, 50 percent more than in May 2014, according to an estimate from WardsAuto. But analysts point out that the numbers are ballpark figures ba...
Oil Prices Slide as High Supplies Persist
Wall Street Journal - 3 Jun 2015 21:31
Oil prices slumped Wednesday on concerns that the global crude market continues to be oversupplied.
Which 9 Gurus All Hold Mondelez International?
Forbes - 3 Jun 2015 21:20
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 4,019 13F filings for the 03/31/2015 reporting period, and noticed that Mondelez International Inc ...
Dollar Slides as Optimism Rises in Europe
Wall Street Journal - 3 Jun 2015 21:17
The dollar fell against the euro on Wednesday as optimism for the eurozone's prospects prompted investors to unwind some of their bets on a stronger U.S. currency.
NorthStar Realty Finance (NRF) Passes Through 9% Yield Mark
Forbes - 3 Jun 2015 21:08
Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of NorthStar Realty Finance Corp (NYSE: NRF) were yielding above the 9% mark based on its quarterly dividend (annualized to ...
Separating Bank Loan Signal From Deposits Noise
Wall Street Journal - 3 Jun 2015 21:06
Even though loans trail deposits, banks are seeing solid loan growth
Ambarella and GoPro Fly High on Drones
Wall Street Journal - 3 Jun 2015 20:49
A soaring outlook from chip maker Ambarella suggests drone sales are taking off.
ECB's Draghi Won't Bond With Investors
Wall Street Journal - 3 Jun 2015 20:07
The bond market was nervous before ECB President Mario Draghi spoke Wednesday. It is even more nervous after.
Notable Wednesday Option Activity: PCLN, UPS, CMG
Forbes - 3 Jun 2015 19:54
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Priceline Group Inc. (NASD: PCLN), where a total volume of 17,521 contracts has been traded thus far today,...
Bayer CropScience to buyback 1.26 million shares for Rs506 crore
livemint.com - 3 Jun 2015 19:53
Shares would be bought back from all shareholders on a proportionate basis via tender offer route at a price of `4,000 per share
Why We Remain Bullish On First Solar Despite The Recent Selloff
Forbes - 3 Jun 2015 19:52
The stock trades at its book value and is priced at about 16x FY2016 consensus estimates, which is relatively low for a firm in a high-growth industry. Although First Solar faces some challenges in sustaining its margins...
Symantec Expands Into Cloud DLP Market
Forbes - 3 Jun 2015 19:51
Symantec's latest product could be better defined as hybrid solution rather than a cloud-based product, since it performs DLP services for on-premise infrastructure as well as cloud services. It comes with a host of feat...
What Factors Can Drive Wynn Resorts' Stock Price?
Forbes - 3 Jun 2015 19:50
There is room for stock price movement depending on the amplitude and the timing of any recovery in gaming volume. While the timing is uncertain, the amplitude could well be steep. We believe that, ultimately, growth in ...
Q1 2015 U.S. Banking Review: Outstanding Card Balances
Forbes - 3 Jun 2015 19:49
The broad trend that emerges from the data here is that the credit card loan portfolios for these lenders have steadily improved over the last two years. The change seen here is part of a larger trend that mirrors the se...
Acquiring Altera Can Help Intel Retain Its Leadership In The High-Margin Data Center Business
Forbes - 3 Jun 2015 19:48
The persistent decline in PC shipments, its late entry in the mobile market, and increasing investment in building out its technology have all impacted Intel?s growth in the last few years, constraining revenue growth as...
VeriFone Looks Veri Expensive
Wall Street Journal - 3 Jun 2015 19:42
Ahead of the Tape: Payments-technology company VeriFone is making poor returns as middleman for trillions of dollars in transactions.