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Market News

Location American Market News for 10 August 2015
Adani Power shows losses in Q1 despite booking higher compensatory tariff Adani Power booked a consolidated net loss of Rs417.6 crore in the June quarter
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Oil Futures Signal Weak Prices Could Last Years

Wall Street Journal - 10 Aug 2015 04:25
The oil market indicates that prices could stay lower for longer, delivering a fresh blow to hard-hit energy exploration-and-production companies.
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Still Waiting for Winners on Greece

Wall Street Journal - 10 Aug 2015 03:57
Europe File: It will only become clear which side prevailed in the Greek drama when the details of the third bailout program are revealed, says Simon Nixon.
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U.S. stocks closed higher Monday, with the Dow Jones Industrial Average surging more than 200 points -- snapping a seven-day losing streak -- its longest in four years. Wall Street rallied on merger and acquisition activ...
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Shares of the company fell more than 2 percent in after-hours trading following the earnings announcement.
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Debt Loads Grow for Australian Miners

Wall Street Journal - 10 Aug 2015 22:25
Newcrest Mining is among the miners in countries such as Australia and Canada that are facing uphill struggles to repay U.S. creditors due to shifting currency markets.
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Buffett's Big Buy, Easing Oil Pressure Give Stocks Some Breathing Room Stocks got up off the mat Monday, ending a 7-day losing streak for the Dow.
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Buffett's Precision Play Shows Berkshire's Big Problem

Wall Street Journal - 10 Aug 2015 22:02
Berkshire Hathaway's sheer scale makes megadeals like Precision Castparts necessary, highlighting the challenge of maintaining momentum.
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Fast casual burger chain Shake Shack also raised guidance and announced a proposed second offering.
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Energy Enervates S&P 500

Wall Street Journal - 10 Aug 2015 20:56
The S&P 500 stock index looks much better without the struggling energy sector.
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Sharda Cropchem: volume slowdown leads to earnings cuts Negative currency movements hit the firm's revenue growth in the March quarter too, but what is stark in the last quarter is the deceleration in volumes
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Monday Sector Laggards: Utilities, Healthcare In afternoon trading on Monday, Utilities stocks are the worst performing sector, showing a 0.4% loss. Within that group, Entergy Corp. (NYSE: ETR) and Public Service Enterprise Group Inc. (NYSE: PEG) are two large stock...
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Monday Sector Leaders: Materials, Energy

Forbes - 10 Aug 2015 20:32
Monday Sector Leaders: Materials, Energy In afternoon trading on Monday, Materials stocks are the best performing sector, up 3.2%. Within the sector, Precision Castparts Corp. (NYSE: PCP) and Freeport-McMoran Copper & Gold (NYSE: FCX) are two of the day's stand...
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Revising Adobe Price to $80

Forbes - 10 Aug 2015 20:17
Though the company continues to roll out new products and enhancements for its existing portfolio, the pace of consumer adoption, especially in Creative Cloud division, has slowed down. The rise in stock price has been m...
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Q2 2015 U.S. Investment Bank Round-Up: Debt Origination Global debt capital markets slipped over the second quarter after starting the year on a strong note, as companies worldwide chose to delay plans to raise debt capital in view of growing uncertainty over interest rates. ...
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The media industry saw significant activity last week amid quarterly earnings. While earnings were mixed with some beating the estimates and some falling short of the consensus, most of the media stocks were sold heavily...
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While we don?t see the move as having a significant impact on Verizon?s performance or outlook, it could potentially have an impact on high-end device manufacturers such as Apple , who have long benefited from carriers s...
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Warren Buffett's $37 billion megadeal to purchase Precision Castparts Corp. has some analysts wondering why the "Oracle of Omaha" is willing to make such a big bet on the aerospace supplier. The transaction -- the 84-yea...
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Google A Sell For Retail Investors After Crushing Earnings Netflix a buy after stock split.
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Noble Hasn't Lifted the Fog of War

Wall Street Journal - 10 Aug 2015 18:32
Noble Group lifted the curtain in an effort to calm investors, but it hasn't gone far enough in addressing concerns.
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Interesting September Stock Options for GM

Forbes - 10 Aug 2015 18:06
Interesting September Stock Options for GM Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is General Motors Co. (NYSE: GM). So this week we highlight one interesting put contract, and one inte...
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One Put, One Call Option To Know About for General Electric Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is General Electric Co (NYSE: GE). So this week we highlight one interesting put contract, and one int...
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