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Market News

Location American Market News for 7 August 2015

How To Use An Index Fund For Retirement

Forbes - 7 Aug 2015 23:58
The great thing about index funds is that they are "set it and forget it" investments. But does that make sense for a retirement plan? Absolutely, and for a number of reasons. First, though, you should understand what a...
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European Stocks Fall, All Eyes on U.S. Jobs Report

Wall Street Journal - 7 Aug 2015 11:18
European stocks fell as investors waited for the release of the much anticipated monthly U.S. jobs report.
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Silver Wheaton Earnings Preview: Lower Gold And Silver Prices To Weigh On Q2 Results We expect the decline in precious metal prices over the course of the last twelve months to negatively impact the company?s results. Silver Wheaton?s production volumes are likely to be boosted by the signing of a stream...
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In line with economist expectations employers added 215,000 jobs in July, according to the latest release from the Bureau of Labor Statistic out Friday morning. For the second month in a row he unemployment rate came ...
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Sensex takes a breather, sheds 62 points on Bhel Q1 results, profit-booking The index, which opened in the positive zone, gave up all of its gains as investors preferred to reduce positions ahead of a key US macroeconomic data
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Opening Bell | Tata Group, Bharti Airtel in focus

livemint.com - 7 Aug 2015 04:56
Opening Bell | Tata Group, Bharti Airtel in focus Asian markets were trading higher on Friday, ignoring the sharp slide on Wall Street overnight
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U.S. stocks closed lower Thursday, with the Dow Jones Industrial Average hitting a six-month low, extending its losing streak for a sixth straight day. Eight of the 10 S&P 500 sectors traded lower, led by declines in hea...
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U.S. stocks closed sharply lower Friday, as the Dow Jones Industrial Average extended losses for the seventh straight session, marking its longest losing streak in four years. The financial markets reacted with mixed emo...
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What Congress Didn't Do Before Summer Vacation

Wall Street Journal - 7 Aug 2015 22:16
As Congress was heading for recess late last month, lawmakers passed several important tax changes. But they failed to act on others that are even more important.
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ValueAct Capital Takes $1 Billion Stake in American Express

Wall Street Journal - 7 Aug 2015 22:01
Investment firm ValueAct Capital Management has taken a roughly $1 billion stake in American Express, according to a person familiar with the matter, the latest example of an activist investor targeting a blue-chip firm.
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Espírito Details Its Woes

Wall Street Journal - 7 Aug 2015 21:36
The "bad bank" left by the collapse of Banco Espírito Santo reported total liabilities as of August last year that strongly indicate that most investors will suffer big losses on investments related to the bank.
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Oil Prices Fall on New Drilling

Wall Street Journal - 7 Aug 2015 21:30
Oil prices fell to new multimonth lows as U.S. drilling continued to increase despite a persistent oversupply of crude.
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Weekly Market Wrap: August 7, 2015

Forbes - 7 Aug 2015 21:14
The thirty-first full trading week of 2015 comes to a close with the Dow Jones, S&P 500, and NASDAQ Composite lower in mid-afternoon trading on Friday.
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Big Biotech Stocks' Skimpier Growth Story

Wall Street Journal - 7 Aug 2015 20:55
Large biotech companies posted strong second-quarter results. Now, the game gets harder.
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Has the Tata Motors stock factored in all the negatives? Nearly 36% has been shaved off the stock price with every month's sales figures, failing investor hopes that it may be a temporary phenomenon
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Noteworthy Friday Option Activity: CVC, WYNN, ACE Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cablevision Systems Corp. (NYSE: CVC), where a total volume of 25,176 contracts has been traded thus far to...
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Motorola is leveraging its strong product innovation to remain a step ahead of its competitors, which is helping it win critical contracts. In its recent earnings call, the company mentioned that it was able to secure an...
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In line with our expectations, the company reported improvement in circulation revenue due to growth of digital subscription initiatives. Growth in digital subscription also resulted in cost declines, which outpaced the ...
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We will be closely watching China Mobile's average revenue per user number when it publishes Q2 2015 earnings this month. Although the carrier has been posting operating revenue growth in recent quarters, driven partly b...
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Notable Friday Option Activity: MSI, STJ, DRI Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Motorola Solutions Inc. (NYSE: MSI), where a total of 14,921 contracts have traded so far, representing approximatel...
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The company beat its Q2 2015 revenue guidance by a strong margin ($1.15 billion compared to its guidance of $1.01 billion, +/- 2%), driven by strong growth in gaming and automotive processors. Continued strength in the g...
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Deutsche Bank General Counsel to Step Down

Wall Street Journal - 7 Aug 2015 18:56
Deutsche Bank said its general counsel, Richard Walker, will step down at the end of the year and be replaced by his two deputies.
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