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Market News

Location American Market News for 16 June 2015

Greece Haunts European Markets

Wall Street Journal - 16 Jun 2015 10:27
Fears that Greece will default continued to spook European markets, hitting the region's stock markets hard.
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Net Outflows Befall 401(k) Plans

Wall Street Journal - 16 Jun 2015 03:19
Withdrawals from 401(k) plans are now exceeding new contributions as baby boomers age, a shift that could have profound implications for the U.S. retirement industry.
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Small telecom companies are no pushovers

livemint.com - 16 Jun 2015 15:03
Small telecom companies are no pushovers Smaller service providers have not only held their own, but have gained market share in the circles that they operate
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Live: Sensex down 90 points, Adani group stocks fall

livemint.com - 16 Jun 2015 06:23
Live: Sensex down 90 points, Adani group stocks fall Here are the key developments affecting the domestic and international markets today
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According to a Manulife Bank of Canada survey released Tuesday, Canadian homeowners are carrying an average of $154,090 in mortgage debt.
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U.S. stocks rebounded Tuesday, with the Dow Jones Industrial Average closing back in black after erasing gains for the year a day earlier. Market professionals are looking ahead to a statement from the U.S. Federal Reser...
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Investors Gird for Storage Wars

Wall Street Journal - 16 Jun 2015 22:00
The self-storage industry--benefiting from a scarcity of new supply coupled with population growth and a strengthening economy--is attracting investors eager to lock in stable returns.
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Waddell Fund Left With Riskier Mix

Wall Street Journal - 16 Jun 2015 21:54
A Waddell & Reed Financial junk-bond fund has sold some of its safest investments to meet redemption requests, leaving fund investors holding a far riskier mix of securities.
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Tuesday Sector Leaders: Consumer Products, Energy In afternoon trading on Tuesday, Consumer Products stocks are the best performing sector, higher by 0.9%. Within the sector, Monster Beverage Corp (NASD: MNST) and Campbell Soup Co. (NYSE: CPB) are two of the day's stand...
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Contraction in non-oil, non-gold imports reflect sluggish economy Non-oil, non-gold imports, often cited as a yardstick for the strength of domestic demand, fell 3.5% from a year ago in May, underlining the weakness in the economy
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Got Irregular Income? Silicon Valley Wants To Help Arguably starting with Mint.com in 2006, regular people, the kind who don't have the time or desire to log each and every expense into a complex Excel spreadsheet, got a way to see where their money was really going. Thi...
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Which 11 Gurus All Hold eBay?

Forbes - 16 Jun 2015 20:09
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 4,028 13F filings for the 03/31/2015 reporting period, and noticed that eBay Inc. (NASD: EBAY) was ...
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Funds Added To HP Positions

Forbes - 16 Jun 2015 20:08
At Holdings Channel, we have reviewed 4,028 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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FedEx Is Ready to Deliver

Wall Street Journal - 16 Jun 2015 19:47
Ahead of the Tape: FedEx is a bright spot in a weak transport sector as it cuts costs and expands abroad.
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We think that the next major round of cost reductions will depend on an improvement in manufacturing technology that can boost conversion efficiencies and bring down input costs. However, this will not be easy. Almost al...
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Though Micron expects the market conditions will remain favorable for its business in 2015, led by constrained supply in DRAM and solid demand for both DRAM and NAND, it expects its DRAM and NAND output growth to lag the...
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Volkswagen's Split Could Be Good News

Forbes - 16 Jun 2015 19:40
Large overhead expenses and operational inefficiencies resulting from looking after a highly diversified, yet centralized business is considered a reason why Volkswagen hasn't been able to improve its profitability. The ...
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JetBlue's Stock Rises As The Airline Reports Growth in Unit Revenue While investors continue to be pessimistic about the prospects of the airline industry, JetBlue's stock price rose 2.2% on Wednesday as the airline reported an increase of 8.4% in passenger traffic on a capacity increase...
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While this agreement is inline with CVS's plans to increase its clinic count to 1,500 by 2017, Target will benefit in terms of store traffic as well as freed up resources. Letting an expert provide healthcare within its ...
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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 two noteworthy recent insider buys.
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Is A Comcast-Sprint Deal Next?

Forbes - 16 Jun 2015 19:34
Another option for the cable major could be entering the wireless industry and upgrading its triple-play offerings to quadruple-play bundles. With T-Mobile and Dish Network considering a merger, Comcast could look into e...
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Baytex Energy (BTE) reports that a cash dividend of $0.10 per common share in respect of June operations will be paid on July 15, 2015 to shareholders of record on June 30, 2015. The ex-dividend date is June 26, 2015. Th...
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