Market News
Two Scenarios That Can Impact L'Oreal's Valuation In Opposing Ways
Forbes - 7 Jul 2015 19:42
L'Oreal's recent acquisitions have been strategically significant in nature and can give the company the scope to expand its market share and profitability. However, L'Oreal has tough competition in both ends of the beau...
Here's Why We Believe That Micron Is Worth $25
Forbes - 7 Jul 2015 19:40
Micron Technology?s stock price has been on a downhill trajectory since the start of 2015, losing almost 30% of its value in the last month alone. Key factors behind the weak investor sentiment include: 1) weaker-than-ex...
China stocks tumble again despite support measures
livemint.com - 7 Jul 2015 06:45
The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 4.4%
FedEx Takes Over #100 Spot From Capital One Financial
Forbes - 7 Jul 2015 22:37
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, FedEx Corp (NYSE: FDX) has taken over the #100 spot from Capital One Financial Corp (NYSE: COF), according to The O...
Paradise Lost: Mounting Problems Stymie Baha Mar
Wall Street Journal - 7 Jul 2015 22:21
The opening of Baha Mar in the Bahamas was supposed to be a showpiece that would help China's largest construction company win lucrative resort business across the U.S. But the $3.5 billion project has been beset with tr...
Fed Orders Santander's U.S. Units to Improve Risk Management
Wall Street Journal - 7 Jul 2015 22:17
The Federal Reserve is requiring Banco Santander SA to make sweeping risk management improvements at its U.S. subsidiaries, highlighting the bank's repeated failure to address the regulator's concerns.
When Global Banking Standards Conflict With Local Needs
Wall Street Journal - 7 Jul 2015 22:04
Central banks in the developing world are caught in a dilemma between adhering to international banking standards and serving potential customers who are unable to meet those standards, as greater access to banking servi...
Government Bonds in U.S., Germany, U.K. Rally on Global Uncertainties
Wall Street Journal - 7 Jul 2015 22:00
Fresh global jitters drove investors into the harbor of government bonds in the U.S., Germany and the U.K., sending benchmark 10-year yields in these countries to the lowest level in more than a month.
China Puts the Brakes on Commodities
Wall Street Journal - 7 Jul 2015 21:59
China is once again at the center of the commodities story, but not in a good way this time. The country's stock-market slump and concern over Greece's economic crisis have helped send commodities toward multiyear lows.
Will Carlos Slim Be Allowed To Compete Against Mexican Rivals With Alleged Political Protection?
Forbes - 7 Jul 2015 21:40
A company partially controlled by billionaires Carlos Slim HelĂș will launch Mexico's first cement initial public offering in 15 years, but some analysts are skeptical the IPO will give Elementia a better chance to compe...
Horizon Pharma at the Nexus of Taxes and Deals
Wall Street Journal - 7 Jul 2015 21:26
Horizon Pharma's proposed acquisition of Depomed is the latest example of how companies that redomicile in lower-tax jurisdictions use this advantage in corporate takeovers.
Corzine, Other Ex-MF Global Officials Settle Suit for $64.5 Million
Wall Street Journal - 7 Jul 2015 21:22
Jon S. Corzine and other former MF Global officials will pay $64.5 million to settle an investor lawsuit, according to a court filing.
How Will Greece Deal With The Pain Of The Grexit?
Forbes - 7 Jul 2015 21:06
How might a Grexit pan out? There is going to be pain whatever happens, but the question is how much pain and what will it lead to.
Tuesday Sector Laggards: Materials, Financial
Forbes - 7 Jul 2015 20:41
Looking at the sectors faring worst as of midday Tuesday, shares of Materials companies are underperforming other sectors, showing a 0.9% loss. Within the sector, Newmont Mining Corp. (NYSE: NEM) and CONSOL Energy Inc (N...
Tuesday Sector Leaders: Utilities, Energy
Forbes - 7 Jul 2015 20:40
Looking at the sectors faring best as of midday Tuesday, shares of Utilities companies are outperforming other sectors, up 2.0%. Within that group, Duke Energy Corp (NYSE: DUK) and PPL Corp (NYSE: PPL) are two large stoc...
Dollar Up as Investors Seek Safety
Wall Street Journal - 7 Jul 2015 20:39
The dollar rose to nearly a three-month high against rival currencies Tuesday as concerns over the building debt crisis in Greece and tumbling equities in China sent investors into assets they perceive as safe.
AMD's Chips Are Down Even Further
Wall Street Journal - 7 Jul 2015 20:22
Advanced Micro Devices' quarterly outlook may grow dimmer after it cut a more immediate forecast.
Analysts cheer new new IPOs
livemint.com - 7 Jul 2015 20:14
From e-commerce firms to coffee chains, India's IPO landscape at the moment offers many choices to investors
Aluminum Glut Dents Alcoa's Prospects
Wall Street Journal - 7 Jul 2015 19:59
Ahead of the Tape: Alcoa shareholders should pay close attention to what happens in Beijing.
Dow Jones Industrial Average Pares Losses After Plunging 200 Points
IBTimes - 7 Jul 2015 19:50
U.S. stocks extended losses Tuesday in a volatile session, with the Dow Jones Industrial Average tumbling as much as 200 points in early trading, only to pare most of its losses after noon. Greece's fate hangs in the bal...
Dish Might Find It Harder To Acquire Future Spectrum, Limiting Stock's Potential Upside
Forbes - 7 Jul 2015 19:38
Dish Network has made significant investments in spectrum over the past few years and currently owns licenses to more than 80 MHz of spectrum. We estimate that Dish's spectrum holdings have a pre-tax fair value of around...
Walgreens Earnings Loom: Cost-cutting Measures and Favorable Sales Mix Likely Improved Margins
Forbes - 7 Jul 2015 19:36
This quarter, we expect the numbers to be a bit out of the ordinary, given the slew of initiatives the company announced during its analyst meeting, shortly after the Q2 earnings release. Out of the many initiatives, we ...