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Market News

Location American Market News for 14 July 2015

Forex reserves at 'reasonable' level: RBI

livemint.com - 14 Jul 2015 18:03
Forex reserves at 'reasonable' level: RBI Though the reserves declined by $704 million to $354.517 billion on 3 July, it touched a lifetime high of $355.46 billion on 19 June
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U.S. stocks closed higher for the fourth straight session Tuesday as concerns about the Greek debt crisis and the Iranian nuclear deal were offset by the start of earnings season. Market professionals are now turning the...
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Yum! Brands Chinese Same-Store Sales Still Seeing Red After Meat Safety Scandal It's been one year since a TV report showed KFC's Chinese meat provider reusing meat that had fallen to the factory floor, and despite repenting for the lapse in food safety, KFC's parent company is still suffering from ...
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J.P. Morgan: Curb Your Enthusiasm

Wall Street Journal - 14 Jul 2015 21:02
J.P. Morgan's second-quarter results were solid but uninspiring, with profits rising 5.2% but net revenue falling by 3%.
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Five S&P 500 Stocks With Rising Short Activity The most recent short interest data has just been released by the NASDAQ for the 06/30/2015 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
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Shares of Twitter Inc. (NYSE:TWTR) spiked more than 7 percent Tuesday morning following a fake report claiming the social media company received a takeover bid for $31 billion. Both Twitter and Bloomberg said the story w...
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Five Dow Stocks With Rising Short Activity

Forbes - 14 Jul 2015 21:00
Five Dow Stocks With Rising Short Activity The most recent short interest data has just been released by the NASDAQ for the 06/30/2015 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five Dow Jones Indus...
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HSBC Settlement Yields Bounty for Queens D.A.

Wall Street Journal - 14 Jul 2015 20:59
A $116 million windfall is coming to a county prosecutor who had a role in a giant money-laundering settlement. He'd like to use it to expand in the jail next door.
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Efforts to build exchange-traded currency derivatives market miss the mark Volumes mostly came from those looking to profit from trading in derivatives rather those looking to hedge risks
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Tuesday Sector Leaders: Energy, Healthcare

Forbes - 14 Jul 2015 20:33
Tuesday Sector Leaders: Energy, Healthcare Looking at the sectors faring best as of midday Tuesday, shares of Energy companies are outperforming other sectors, up 1.0%. Within that group, Southwestern Energy Company (NYSE: SWN) and Chesapeake Energy Corp. (NYSE: ...
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Applied Materials stock price has been on a downhill trajectory since the company called off its Tokyo Electron deal, losing almost 17% of its value in the last two months alone. Key factors behind the weak investor sent...
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PC and graphics processor manufacturer, AMD is set to announce its Q2 2015 earnings on July 16th. The company's stock lost almost 20% of its value after it lowered its Q2 2015 guidance earlier this week. In addition to b...
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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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Schlumberger 2Q Preview: Sluggish US Drilling Activity To Dampen Schlumberger's Margins Schlumberger, the largest oilfield services company, is set to release its second quarter results before the market opens on Thursday, 16th July, 2015. As a majority of oil and gas companies continue to hold back on thei...
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Google is set to release its Q2 2015 earnings on Thursday, July 16th. In Q1, the company reported that its revenues grew by over 12% year over year to $17.7 billion. However, cost-per-click, which has been declining for ...
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Micron Can Afford to Be Picky

Wall Street Journal - 14 Jul 2015 19:30
The memory-chip maker should have no trouble turning down a lowball offer from a Chinese bidder.
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Retail Sales Don't Come Up With the Goods

Wall Street Journal - 14 Jul 2015 19:30
A dollar goes further at the store than it used to. That is hurting retail sales.
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The Procter & Gamble Company (PG) declared a quarterly dividend of $0.6629 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after Augus...
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U.S. stocks traded higher Tuesday, shrugging off a brief drop in oil prices after Iran and six global powers struck a historic nuclear deal, renewing fears of crude oversupply. Meanwhile, U.S. retail sales unexpectedly f...
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Tuesday's ETF with Unusual Volume: CQQQ

Forbes - 14 Jul 2015 19:03
The Guggenheim China Technology ETF (CQQQ) is seeing unusually high volume in afternoon trading Tuesday, with over 139,000 shares traded versus three month average volume of about 40,000. Shares of CQQQ were up about 0.4...
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Tuesday's ETF Movers: XOP, GXC

Forbes - 14 Jul 2015 19:02
In trading on Tuesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Triangle Petrol...
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In trading on Tuesday, airlines shares were relative laggards, down on the day by about 1%. Helping drag down the group were shares of CHC Group (HELI), off about 10% and shares of Spirit Airlines (SAVE) down about 8.3% ...
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