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Market News

Location American Market News for 13 July 2015
Greece news live: eurozone split over Grexit ultimatum plan as Greeks says they are being 'crushed' by Brussels French president Francois Hollande dismisses idea of temporary Greek exit as Slovakia and Finland say little chance of a deal today after EU leaders summit is cancelled
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A big rebound in China’s stock prices at the end of last week is leading growing numbers of the record number of businesses that suspended their shares to resume trading after an earlier market rout.
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Small firm, commercial vehicle loans grow IndusInd Bank book IndusInd Bank has scored on both loan growth and asset quality in the June quarter as indeed it has been doing for some quarters now
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David Einhorn Slams Netflix: 'Red Ink Is The New Black' Apparently hedge fund manager David Einhorn is not the biggest fan of Netflix.
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Graduates of a law school in New York could soon have part of their tuition reimbursed, thanks to a new incentive initiative that is based on how long it takes them to secure employment after graduation. Brooklyn Law Sch...
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Asia should be approached as a set of diverse markets: BCG Differences in market maturity, scale, regulation and so on, make it complex for global asset managers
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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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Yellen's Fed Flounders in Political Arena

Wall Street Journal - 13 Jul 2015 20:54
Almost 18 months after taking the helm at the central bank, Fed Chairwoman Janet Yellen is struggling to manage an increasingly strained relationship with Congress.
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Monday Sector Laggards: Utilities, Financial The worst performing sector as of midday Monday is the Utilities sector, showing a 0.4% loss. Within that group, Public Service Enterprise Group Inc. (NYSE: PEG) and NiSource Inc. (NYSE: NI) are two large stocks that are...
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Monday Sector Leaders: Energy, Consumer Products Looking at the sectors faring best as of midday Monday, shares of Energy companies are outperforming other sectors, up 1.2%. Within that group, Marathon Petroleum Corp. (NYSE: MPC) and ONEOK Inc. (NYSE: OKE) are two of t...
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Why Market Share Concerns Shouldn't Be Eating At GrubHub That GrubHub and its sister site Seamless are two of the primary sources of sustenance for the young and culinary-impaired has done little to help shares of GrubHub's stock over the past few months: the food-ordering ser...
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Chevron Popular Amongst Latest 13F Filers

Forbes - 13 Jul 2015 20:21
At Holdings Channel, we have reviewed the latest batch of the 31 most recent 13F filings for the 06/30/2015 reporting period, and noticed that Chevron Corporation (NYSE: CVX) was held by 18 of these funds. When hedge fun...
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Marathon Takes Gold With MPLX and MarkWest

Wall Street Journal - 13 Jul 2015 20:20
Marathon Petroleum is the real winner in the MPLX-MarkWest merger.
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At Yum, General Tso Can't Save the Colonel

Wall Street Journal - 13 Jul 2015 20:07
Yum Brands is recovering in China, but excitement about a possible spinoff of that business may have gone too far
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EU demands Britain joins Greek rescue fund

Telegraph - 13 Jul 2015 19:54
EU demands Britain joins Greek rescue fund Jean-Claude Juncker, European Commission president, discards David Cameron's deal that spares Britain from Eurozone bailouts
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Lululemon Athletica reported a solid set of quarterly results when it announced its earnings for the first quarter of fiscal 2015 earlier this month. The retailer reported a revenue increase of 10%(a year-on-year compari...
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CSX will be releasing its second quarter results on July 14. We expect the railroad operator to report flat earnings, as weakness across most commodities carloads and declining fuel surcharge revenues weigh in on its top...
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Netflix will release its Q2 2015 earnings on July 15th. The company reported strong subscriber numbers in the last two quarters after an unexpected miss in Q3 2014. For the current quarter, we expect that the overall cus...
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Improving Mortgage Industry Conditions Should Help Wells Fargo's Q2 Results Wells Fargo kicks off the earnings season for U.S. banks along with JPMorgan on Tuesday, July 14, and the banking giant's results for Q2 2015 will provide some valuable insight into the key trends that affected commercia...
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In the wake of the investigation launched by the US Department of Justice last week, to detect any unlawful price collusion among the top four US airlines, several flyers have filed lawsuits against these airlines on sim...
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Leading PC chipmaker Intel will announce its Q2 2015 earnings on July 15th. While the company closed 2014 on a strong note, 2015 has been a bit slow for Intel as it suffers from the weaker than expected demand for busine...
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SEC Escalates Financial Penalties

Wall Street Journal - 13 Jul 2015 19:23
The regulator has more than doubled the typical fine against individuals over the past decade amid pressure to prove the agency is tough on Wall Street.
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