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Market News

Location American Market News for 17 July 2015
The Samsung conglomerate's controlling Lee family scored a victory in its battle against U.S. hedge fund Elliott Associates, as shareholders approved an $8 billion merger of two Samsung affiliates.
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China Shares Push Gains Into Second Day

Wall Street Journal - 17 Jul 2015 06:42
Chinese shares extended gains into a second day Friday and Hong Kong shares headed for their first positive week in four, while markets elsewhere steered near flat.
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The Nasdaq composite index hit a record high Friday, boosted by strong earnings from Google Inc. The share price of the world's largest Internet company surged above $700 for the first time ever. Meanwhile, a decline in ...
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Rising Rents Won't Inflate Fear at Fed

Wall Street Journal - 17 Jul 2015 21:36
Inflation would be even lower if it weren't for a tight rental market driving rents higher.
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Fed Proposes Tweaks to Bank Stress Tests

Wall Street Journal - 17 Jul 2015 21:25
Big U.S. banks have another year before they have to clear a higher minimum capital requirement in the Fed's annual "stress test" examination, the central bank indicated.
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Honeywell Needs More Than Less-Is-More

Wall Street Journal - 17 Jul 2015 21:24
Honeywell's earnings were pleasing to investors, but top-line growth is needed to sustain momentum.
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It seems unlikely, but Greek Prime Minister Alexis Tsipras and Germany's hard-nosed finance minister Wolfgang Schäuble actually agree on something: Greece's debt is unsustainable without significant restructuring. Yet G...
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The rocky ride of Robert Sillerman's Nasdaq-listed electronic dance music (EDM) company, SFX Entertainment, continues to take new unexpected and twists and turns, even as the colorful media mogul tries to take his compan...
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Google Guys Worth Billions More Thanks To Stock's Earnings Surge Larry Page and Sergey Brin are each $4 billion richer thanks to Ruth Porat and a big quarter for Google.
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Dr Pepper: Home Is Where The Heart, And Most Of The Growth, Is To quote the Wizard of Oz- there's no place like home. This has proven to be true for the beverage manufacturer Dr Pepper Snapple, which has done well in recent times, despite lacking the growth opportunities in emerging...
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The stock continues to underperform the market, post Alibaba's listing on the U.S. stock exchange in the last quarter of 2014. The stock has declined by over 22% in first half of 2015, while the return on NASDAQ composit...
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Goldman Sachs did not let weak global debt trading activity over the second quarter affect its revenues for the period, as it leveraged the strength of its advisory, underwriting, and investment management operations to ...
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The aim is to line up Microsoft's businesses with the changing landscape in technology, especially in enterprise software segment. Furthermore, it is focusing on high margin business, and reducing exposure to highly comm...
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PartnerRe Insurance Merger Turns on a Different Axis

Wall Street Journal - 17 Jul 2015 19:22
PartnerRe and Axis Capital have sweetened the terms of their merger again to see off a rival takeover offer for PartnerRe from Italy's Exor. It is Axis investors who may now be feeling short-changed.
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Nasdaq Composite Extends Gains

Wall Street Journal - 17 Jul 2015 18:27
The Nasdaq Composite Index pushed further into record territory Friday, boosted by strong earnings from Google.
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Beijing's Big Stock Push Still Well Short of Goal

Wall Street Journal - 17 Jul 2015 18:12
Taking extraordinary measures, China's government managed to halt a stock-market plunge and engineer a modest rebound--but the benchmark index stands 500 points below Beijing's target.
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FMC Technologies Earnings Projected to Drop

Forbes - 17 Jul 2015 18:00
Wall Street is expecting lower profit for FMC Technologies when the company reports its second quarter results on Tuesday, July 21, 2015. Analysts are expecting earnings per share of 62 cents after the company booked a p...
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Analysts have become increasingly bearish on Harley-Davidson in the month leading up to the company's second-quarter earnings announcement scheduled for Tuesday, July 21, 2015. The consensus analyst estimate has moved fr...
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Wall Street is expecting higher profit for Verizon Communications when the company reports its second quarter results on Tuesday, July 21, 2015. The consensus estimate is calling for profit of $1.00 a share, a rise from ...
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Hatteras Financial Corp. is expected to report lower second-quarter earnings on Tuesday, July 21, 2015. Analysts are expecting a 16% drop in earnings from a year ago. The consensus estimate is 53 cents per share, down fr...
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Earnings for SAP Expected to Fall

Forbes - 17 Jul 2015 18:00
Analysts are looking for decreased profit for SAP when the company reports its results for the second quarter on Tuesday, July 21, 2015. SAP reported profit of $1.01 a year ago, but the consensus estimate calls for earni...
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Analysts are looking for decreased profit for Fifth Third Bancorp when the company reports its results for the second quarter on Tuesday, July 21, 2015. Fifth Third reported profit of 49 cents a year ago, but the consens...
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