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Market News

Location American Market News for 4 June 2015
T-Mobile And Dish Network Merger: Analysts Like The Strategy With the likes of AT&T, Verizon, Comcast and Sprint unable to digest another mega acquisition, a potential partnership between Dish and T-Mobile is now seen positively by Wall Street.
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SEC Bickering Stalls White's Agenda

Wall Street Journal - 4 Jun 2015 04:07
Mary Jo White took the helm of the Securities and Exchange Commission vowing to "expeditiously" finalize its mountain of postcrisis rules. Two years later, that pledge has been thwarted by squabbling among its five membe...
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OPEC's Problem: There Is No Minister of Shale

Wall Street Journal - 4 Jun 2015 01:58
Greg Ip explores OPEC's dawning realization that today's shale-oil players are nimbler competitors than expected, complicating price dynamics.
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SEC Probes Activist Funds Over Alliances

Wall Street Journal - 4 Jun 2015 23:24
The SEC is investigating whether some activist investors teamed up to target companies without disclosing their alliances, potentially in violation of federal securities rules, according to people familiar with the matte...
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Copper Falls to Six-Week Low

Wall Street Journal - 4 Jun 2015 23:15
The benchmark price of copper in the U.S. tumbled to a six-week low on Thursday, reflecting heightened concerns about economic growth.
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Google Now #2 Largest Company, Surpassing Microsoft In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Google Inc (NASD: GOOGL) has taken over the #2 spot from Microsoft Corporation (NASD: MSFT), according to The Onlin...
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U.S. stocks traded sharply lower Thursday, with the Dow Jones Industrial Average tumbling nearly 200 points in afternoon trading, as Greece opted to delay a debt repayment to European creditors, sparking fears that Athen...
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Global bond rout stalls, US stocks fall with oil and metals Bonds stabilize on signs that euro zone economy is improving and the global economy is likely to avoid mass deflation
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Sebi penalizes stock broker for violating advisor guidelines Regulator says Gravita Research gave investment advice to clients without a licence as required by Sebi investment advisors rules
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Sebi not keen on forming separate division to regulate commodities Finance minister Jaitley had proposed merger of commodities market regulator FMC with Sebi in the budget
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Government has done a good job in restoring macro-stability: Rob Subbaraman The Nomura economist says while the situation may be frustrating to investors, India offers the best returns among emerging markets for the patient
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Which 8 Gurus All Hold McDonald's?

Forbes - 4 Jun 2015 20:58
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 4,022 13F filings for the 03/31/2015 reporting period, and noticed that McDonald's Corp (NYSE: MCD)...
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At Holdings Channel, we have reviewed 4,022 13F filings for the 03/31/2015 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...
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Thursday Sector Leaders: Utilities, Services In afternoon trading on Thursday, Utilities stocks are the best performing sector, losing just 0.2%. Within that group, Exelon Corp. (NYSE: EXC) and Edison International (NYSE: EIX) are two of the day's stand-outs, showi...
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Thursday Sector Laggards: Industrial, Technology & Communications The worst performing sector as of midday Thursday is the Industrial sector, showing a 1.2% loss. Within the sector, Iron Mountain Inc (NYSE: IRM) and Quanta Services, Inc. (NYSE: PWR) are two of the day's laggards, showi...
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Avago Technologies (AVGO) has approved a quarterly, interim cash dividend of $0.40 per ordinary share. The dividend is payable on June 30, 2015 to shareholders of record at the close of business on June 19, 2015.
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Jobs Market Slack Has Roots in Fed

Wall Street Journal - 4 Jun 2015 20:20
Ahead of the Tape: Though job growth looks good, the Fed's stimulus may be partly responsible for the wageless recovery.
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Thursday's ETF with Unusual Volume: URTH

Forbes - 4 Jun 2015 20:11
The iShares MSCI World ETF (URTH) is seeing unusually high volume in afternoon trading Thursday, with over 358,000 shares traded versus three month average volume of about 42,000. Shares of URTH were off about 0.2% on th...
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Thursday's ETF Movers: PFF, DWX

Forbes - 4 Jun 2015 20:09
In trading on Thursday, the iShares U.S. Preferred Stock ETF (PFF) is outperforming other ETFs, trading flat on the day. Common shares of the components of that ETF showing particular strength include shares of T-Mobile ...
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Crude oil falls on speculation OPEC won't reduce output quota Brent for July settlement slips $1.81, or 2.8%, to $61.99 a barrel on the ICE Futures Europe exchange
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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to ...
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T-Mobile and Dish Launch Summer of Love

Wall Street Journal - 4 Jun 2015 19:56
News of a possible Dish-T-Mobile tie-up may open the book on wireless consolidation, not close it.
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