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Market News

Location American Market News for 10 July 2015

U.S. Sports Ambitions Could Knock Adidas

Wall Street Journal - 10 Jul 2015 19:12
Key to Adidas's new strategic plan is turning around its fortunes in the U.S. That could prove challenging.
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French Cable Baron Circles U.S. Market

Wall Street Journal - 10 Jul 2015 08:17
In the past 18 months cable entrepreneur Patrick Drahi has stitched together $40 billion in deals, including a $23 billion takeover of SFR, France's second-largest mobile company. Now he's targeting the U.S. market.
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Picking the Bones of China's Stock Carnage

Wall Street Journal - 10 Jul 2015 07:15
The spillover of China's market selloff to Hong Kong opens opportunities for lesser-known but solid businesses such as Fuyao Glass and China Medical System.
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U.S. Government Bonds Post Biggest Two-Day Selloff Since 2013

Wall Street Journal - 10 Jul 2015 22:25
U.S. Treasury bonds posted the biggest two-day selloff in two years as fears retreated over turbulence in China's stock markets and Greece's debt crisis.
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At Holdings Channel, we have reviewed the latest batch of the 24 most recent 13F filings for the 06/30/2015 reporting period, and noticed that Walt Disney Co. (NYSE: DIS) was held by 15 of these funds. When hedge fund ma...
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The Hassle of Inheriting a Brokerage Account

Wall Street Journal - 10 Jul 2015 21:32
It can be more complicated than you might think. Here's how to overcome the hurdles.
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Friday Sector Laggards: Energy, Utilities

Forbes - 10 Jul 2015 20:37
Friday Sector Laggards: Energy, Utilities The worst performing sector as of midday Friday is the Energy sector, not showing much of a gain. Within the sector, Noble Corp plc (NYSE: NE) and Transocean Ltd. (NYSE: RIG) are two of the day's laggards, showing a loss...
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Friday Sector Leaders: Services, Technology & Communications The best performing sector as of midday Friday is the Services sector, higher by 1.6%. Within that group, Cablevision Systems Corp. (NYSE: CVC) and Gannett Company Incorporated (NYSE: GCI) are two large stocks leading th...
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RBI bought a net $2.58 bn from the foreign exchange market in May A total of $6.01 bn was purchased and $3.44 bn sold in the forex market in May, data released by RBI shows
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Leaders of the Hack Pack

Wall Street Journal - 10 Jul 2015 20:18
High valuations aren't likely to take the air out of cybersecurity stocks like FireEye and Palo Alto Networks.
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Is the current Chinese stock market crisis a good time to invest while shares are low? This question was originally answered on Quora by Joseph Wang.
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The move is expected to allow the company to focus individually on its LED and lighting business sectors as well as its power and RF businesses. Also, the company announced its LED restructuring plan in June to reduce ex...
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Has Optimism Been Guiding Home Depot And Lowe's To Glory? Since the recession, stocks of home improvement giants, Home Depot and Lowe's, have registered phenomenal growth. Even now, analysts continue to upgrade the stocks citing a recovering U.S. economy and housing markets, co...
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Microsoft announced on Wednesday that it was writing off 80% of the value of its Nokia acquisition and cutting up to 7,800 jobs, mostly from the phone business. This move is significant as it hints at change in Microsoft...
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While we believe that J&J's results will be impacted negatively by exchange rate movements, the company will try to focus on the sales ramp up of its new drugs during its earnings conference call on July 14th to send a p...
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Why Investors Shouldn't Be Too Concerned About Recent Reports On Apple Watch Sales According to widely cited research report by Slice Intelligence, online sales of the Apple Watch plunged by 90% since the opening week. Slice, which bases its research on electronic receipts sent to millions of email add...
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Weekly Market Wrap: July 10, 2015

Forbes - 10 Jul 2015 19:40
The twenty-seventh full trading week of 2015 comes to a close with the Dow Jones, S&P 500 and the NASDAQ composite higher on the day, in early afternoon trading on Friday.
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Hayes Says UBS Had 'Instruction Manual' for Rigging Rates

Wall Street Journal - 10 Jul 2015 19:20
Tom Hayes, the alleged mastermind of a global interest-rate-rigging conspiracy, said that he decided to fight charges against him after discovering in 2013 that his former employer, UBS AG, had what he called an "instruc...
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U.S. Stocks Rally on Greece Hopes

Wall Street Journal - 10 Jul 2015 19:16
U.S. stocks rose sharply Friday after fresh Greek economic proposals appeared to put Athens closer than ever to striking a bailout deal with its creditors.
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Bears Warn Earnings Season Looks Ugly, Bulls See Silver Linings Alcoa's shaky results Wednesday kicked off what could be a lackluster earnings season. With quarterly corporate report cards pouring in, here's what you need to know.
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Yellen: Fed Remains on Track to Raise Rates in 2015

Wall Street Journal - 10 Jul 2015 18:57
Fed Chairwoman Janet Yellen reaffirmed the central bank's plan to start raising short-term U.S. interest rates later this year and pointed to tentative signs that wages are on the rise as slack gets reduced in the labor ...
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GE Popular Amongst Latest 13F Filers

Forbes - 10 Jul 2015 18:38
At Holdings Channel, we have reviewed the latest batch of the 24 most recent 13F filings for the 06/30/2015 reporting period, and noticed that General Electric Co (NYSE: GE) was held by 16 of these funds. When hedge fund...
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