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Market News

Location American Market News for 17 August 2015

Irrational exuberance at Bank of Baroda

livemint.com - 17 Aug 2015 15:34
Irrational exuberance at Bank of Baroda Bank of Baroda shares rallied 15.15% on Monday after the government said it will appoint two prominent private sector professionals to lead the bank
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Restless at Titan

livemint.com - 17 Aug 2015 14:59
Restless at Titan The feeling of restlessness is most dominant in Titan's world, what with depressed macro-economic fundamentals and weak consumer sentiment
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Investors hoping the markets wake up and end 2015 on a high note might not want to hold their breath: a new report from Goldman Sachs predicts the market is most likely to finish the year unchanged from its 2014 year-end...
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Claren Road Clients Request Nearly $2 Billion Back

Wall Street Journal - 17 Aug 2015 23:18
Investors are preparing to pull roughly half their money from Claren Road Asset Management LLC, the latest blow for Carlyle Group LP's hedge-fund firm.
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Zulily Is Lost Up the Amazon With Latest Deal

Wall Street Journal - 17 Aug 2015 22:00
Zulily's sale to QVC offers a lesson to other e-commerce players trying to compete with Amazon.
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How high are bank valuations?

livemint.com - 17 Aug 2015 21:01
How high are bank valuations? It's likely that private sector bank valuations are elevated because they continue to grab market share from public sector banks in terms of loan growth
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Wal-Mart's Valuation Has Room to Grow

Wall Street Journal - 17 Aug 2015 20:51
While it still towers over competitors in terms of sales, Wal-Mart's anemic growth has given it the earnings multiple of an also-ran.
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Monday Sector Leaders: Services, Healthcare

Forbes - 17 Aug 2015 20:36
Monday Sector Leaders: Services, Healthcare Looking at the sectors faring best as of midday Monday, shares of Services companies are outperforming other sectors, higher by 0.7%. Within the sector, Discovery Communications, Inc. (NASD: DISCA) and Starwood Hotels & ...
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Monday Sector Laggards: Consumer Products, Financial Looking at the sectors faring worst as of midday Monday, shares of Consumer Products companies are underperforming other sectors, up 0.2%. Within the sector, Estee Lauder Cos., Inc. (NYSE: EL) and Ford Motor Co. (NYSE: F...
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While we expect earnings to improve on a sequential and year-over-year basis, on account of lower per-watt production costs and higher volumes, the key factor to watch will be the company?s performance in its home market...
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Monday's ETF with Unusual Volume: IYJ

Forbes - 17 Aug 2015 19:42
The iShares U.S. Industrials ETF (IYJ) is seeing unusually high volume in afternoon trading Monday, with over 351,000 shares traded versus three month average volume of about 56,000. Shares of IYJ were up about 0.4% on t...
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Monday's ETF Movers: XBI, PIN

Forbes - 17 Aug 2015 19:41
In trading on Monday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Karyopharm Therapeutics (KPTI), up about 18...
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Casual apparel retailers including American Eagle have been losing customers to fast fashion players such Zara and Forever 21, which have taken the industry by storm with their affordable fashion-forward merchandise. In ...
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Philip Morris: Impact Of A Sudden Excise Hike In Asia Since 2009, the maker of Marlboro has managed to deliver modest increases in revenues in spite of difficult economic situations in some markets, increasing regulatory control over the sale of tobacco products, and curren...
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In trading on Monday, precious metals shares were relative leaders, up on the day by about 2.3%. Leading the group were shares of Asanko Gold (AKG), up about 10.3% and shares of Silvercrest Mines (SVLC) up about 6.9% on ...
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Dish Network reported its second quarter earnings recently. During the earnings call, CEO Charlie Ergen conceded that Dish's future plans might be severely affected if the FCC cancels the $3.3 billion discount the compan...
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Kite Pharma's Highflying Price Limits Relief

Wall Street Journal - 17 Aug 2015 19:37
Kite Pharma's business update came as a relief to investors, but shareholders can count on more volatility.
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Europe's Banks Yard Sale Gathering Pace

Wall Street Journal - 17 Aug 2015 18:28
Sales of unwanted loans are increasing and look to be freeing up space for new lending.
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Riding the Energy Wave to the Future

Forbes - 17 Aug 2015 18:25
Riding the Energy Wave to the Future Below is the August 15th Thoughts from the Frontline, republished in full.
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PSU bank stocks in huge demand, Bank of Baroda jumps 15% Canara Bank climbs 13.42%, Bank of India jumps 8.72%, Union Bank of India 5.29%, Punjab National Bank 4.09% .and State Bank of India 3.95%
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One Put, One Call Option To Know About for Johnson & Johnson Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Johnson & Johnson (NYSE: JNJ). So this week we highlight one interesting put contract, and one inte...
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Interesting January 2016 Stock Options for GE 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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