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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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Aim's 20th birthday: How the junior market helped raise £90bn Two decades on from its launch, Aim has changed greatly but it remains a vital proving ground for companies, and no other country has a market like it
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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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Savers face 10pc hit to shares if Greece exits euro Shares sell-off hits people using pension freedoms and facing delays, as well as millions who invested in Isas at the beginning of the tax-year
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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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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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Tuesday Sector Laggards: Industrial, Utilities In afternoon trading on Tuesday, Industrial stocks are the worst performing sector, higher by 0.2%. Within the sector, United Rentals, Inc. (NYSE: URI) and American Airlines Group Inc (NASD: AAL) are two large stocks tha...
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Ladbrokes jumps on digital turnaround

Telegraph - 16 Jun 2015 20:34
Ladbrokes jumps on digital turnaround Shares in Ladbrokes climbed after Morgan Stanley upgraded the bookie following the relaunch of Ladbrokes.com and pointed to a couple of potential "hidden gems" in Europe.
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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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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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Humana Won't Get Lost in Merger Shuffle

Wall Street Journal - 16 Jun 2015 20:01
The health-insurance merger frenzy doesn't have to be bad news for Humana, or its buyers.
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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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