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Market News

Location American Market News for 9 July 2015

Securing the future of a special needs child

livemint.com - 9 Jul 2015 16:01
Securing the future of a special needs child A few measures and sound planning will ensure that the child's needs and those of others are taken care of
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China stocks advance as officials battle to restore confidence The Shanghai Composite Index gained 1.3% to 3,552.78 at the midday break after falling as much as 3.8% and gaining 2.6%
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This is why so many Chinese companies are suspended

livemint.com - 9 Jul 2015 06:07
This is why so many Chinese companies are suspended China's corporations have been big fans of stock-based loans, too
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Warehouse Crackdown Cuts Aluminum Costs

Wall Street Journal - 9 Jul 2015 21:28
Manufacturers of goods from cars to soda cans are benefiting from declining aluminum costs, a sign that new warehouse rules aimed at loosening the grip of Wall Street banks are having the desired effect.
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TCS revenue growth: not good enough given its valuations TCS' dollar revenue growth of 3.5% sequentially is unexciting, being lower than the 4.1% growth estimate expected by the Street
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Thursday Sector Leaders: Energy, Services

Forbes - 9 Jul 2015 20:51
Thursday Sector Leaders: Energy, Services In afternoon trading on Thursday, Energy stocks are the best performing sector, higher by 1.3%. Within that group, Chesapeake Energy Corp. (NYSE: CHK) and Diamond Offshore Drilling, Inc. (NYSE: DO) are two large stocks l...
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Thursday Sector Laggards: Utilities, Consumer Products Looking at the sectors faring worst as of midday Thursday, shares of Utilities companies are underperforming other sectors, showing a 1.2% loss. Within that group, Southern Company (NYSE: SO) and SCANA Corp (NYSE: SCG) a...
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Thursday 7/9 Insider Buying Report: NCS

Forbes - 9 Jul 2015 20:48
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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Financier Tied to Inquiry Into 1MDB

Wall Street Journal - 9 Jul 2015 20:45
Correspondence between Singapore police and Malaysia's central bank focuses on $529 million in deposits.
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Saipem's Russia Blow Dents Recovery Hopes

Wall Street Journal - 9 Jul 2015 20:21
The cancellation of a pipeline contract by Gazprom merely adds to long list of potential concerns for the Italian oil-field services company.
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Aeropostale has struggled to keep its business going ever since the U.S. economy started recovering. The company?s market value has declined almost 90% since mid-2012 and is currently worth less than $2 per share. Our pr...
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Productivity Improvements & Value-Added Businesses Offset Impact Of Weak Aluminum Pricing For Alcoa Alcoa released its second quarter earnings results and conducted a conference call with analysts on Wednesday, July 8. Productivity improvements and Alcoa?s ongoing transformation of its product portfolio towards value-a...
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Here's Why Diageo Could See Better Days Going Forward After years of consistent growth, Diageo saw a downturn in 2014, with revenues undergoing an 8% decline amid a slowdown in the U.S. spirits market, ?anti-extravagance? in China, unfavorable currency movements in key mark...
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Why Is LATAM On The OTA Leaders' Radars?

Forbes - 9 Jul 2015 20:01
Why Is LATAM On The OTA Leaders' Radars? Shortly after Expedia's investment in Latin American online travel agency, Decolar, Priceline recently followed in tow by investing in Brazil?s Hotel Urbano. The world?s biggest OTAs seem to be suddenly focusing their at...
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Chanos: More Pain to Come in China

Wall Street Journal - 9 Jul 2015 19:49
James Chanos, the most notable bear on the Chinese market, has been betting on a downturn in China for around five years and says "the story has yet to play out."
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Cyber Security Spending Justifies $110 Stock Price For Check Point With a growing user base, rapidly expanding industry, and product improvements on the horizon, Check Point shares are not getting the valuation they deserve.
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Iron Ore Got You Down? Try Nuclear Waste

Wall Street Journal - 9 Jul 2015 19:31
Hit by tumbling iron-ore prices, mining companies deep in the Australian outback are exploring a new strategy for cash: storing nuclear waste.
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US IRS cracks down on hedge funds' tax strategy: report Hedge funds using the options must declare them on their tax returns and they will be penalized if they fail to do so, says the report
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Apple's Early iPhone Call

Wall Street Journal - 9 Jul 2015 19:08
Reports of a bigger production run show Apple is more bullish on the next iPhone than Wall Street.
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At Holdings Channel, we have reviewed the latest batch of the 20 most recent 13F filings for the 06/30/2015 reporting period, and noticed that Microsoft Corporation (NASD: MSFT) was held by 15 of these funds. When hedge ...
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Walgreens Boots Alliance (WBA) announced a 6.7 percent increase to its quarterly dividend to 36 cents per share. The increased dividend was declared by the board of directors on 8 July 2015, is payable 11 September 2015 ...
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NYSE halt: Sebi, exchanges review risk management systems Top officials said the systems in Mumbai are already being upgraded constantly to tackle any unforeseen circumstances
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