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Market News

Location American Market News for 9 September 2015

Investors See India as Strongest of the Weak

Wall Street Journal - 10 Sep 2015 01:19
As emerging markets suffer broad pain, India has retained more allure for global money managers than other big countries in the developing world.
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Agreement on September Rate Increase Eludes Fed

Wall Street Journal - 10 Sep 2015 01:09
Federal Reserve officials aren't near an agreement to begin raising short-term interest rates heading into a crucial week of private discussions before their Sept. 16-17 policy meeting, according to their recent comments...
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BlackRock Co-President Charles S. Hallac Dies

Wall Street Journal - 10 Sep 2015 00:57
BlackRock said 27-year company veteran and co-President Charles Hallac has died after a long battle with cancer.
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U.S. stocks plunged sharply in the final minutes of trading Wednesday after seesawing for much of the afternoon session. The Dow Jones Industrial Average tumbled a total of nearly 240 points by the day's end. The blue-ch...
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Visa, Nasdaq, Others Invest in Bitcoin-Related Startup

Wall Street Journal - 10 Sep 2015 00:02
Wall Street is putting more money behind a technology it once dismissed as a fad.
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If the Bear Is Coming, These Assets Will Protect You Best

Wall Street Journal - 9 Sep 2015 23:47
Treasury bonds, and perhaps some commodities, stand to hold up best when the stock market struggles, writes Mark Hulbert.
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Allied World Assurance Company Holdings (AWH) announced that it has approved a quarterly dividend equal to $0.26 per share payable on October 1, 2015 to shareholders of record on September 22, 2015.
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Yahoo's Tax Options: Bad or Worse

Wall Street Journal - 9 Sep 2015 23:28
Yahoo's tax conundrum for its planned Alibaba spinoff may be even more complicated than it seems.
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StanChart feels the heat of EM slowdown

livemint.com - 9 Sep 2015 23:09
StanChart feels the heat of EM slowdown Things have gone pear shaped for the Asia-centred bank with key markets such as China and India flagging and a commodity price slowdown
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Lululemon Still Has Room to Run

Wall Street Journal - 9 Sep 2015 23:02
Lululemon has rebounded sharply since its founder sold a large stake, but remains a relative value in the sports-apparel world.
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Volatile markets spell trouble for burgeoning IPO pipeline The experience of the five IPOs that have come to the market in the two weeks since markets turned volatile has not been good
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Wednesday Sector Laggards: Energy, Healthcare The worst performing sector as of midday Wednesday is the Energy sector, showing a 1.6% loss. Within that group, Marathon Oil Corp. (NYSE: MRO) and Helmerich & Payne, Inc. (NYSE: HP) are two large stocks that are lagging...
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Wednesday Sector Leaders: Services, Technology & Communications The best performing sector as of midday Wednesday is the Services sector, losing just 0.1%. Within that group, Netflix Inc. (NASD: NFLX) and O'Reilly Automotive, Inc. (NASD: ORLY) are two of the day's stand-outs, showing...
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A Choppy September Could Lead To A Strong Fourth Quarter Coming off of a volatile month of August, where the S&P 500 index fell by more thanĀ 6% on a total return basis, many stock market investors are looking for indications of what lies ahead for the final four months of 201...
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Former Goldman Executive to Launch Hedge Fund

Wall Street Journal - 9 Sep 2015 21:47
Former top Goldman Sachs trading executive Edward Eisler has raised nearly $1 billion to launch a macro hedge fund, people familiar with the matter said.
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Lexmark International has been focusing on building its end-to-end solutions company with emphasis on Electronic Content Management and Business Process Management. However, its printer hardware and supplies business gen...
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Earnings Preview: Can Lululemon Continue Its Turnaround? The yoga apparel manufacturer and distributor reported a solid set of results in Q1 with revenue growing 10% and earnings per share more than doubling from 13 cents to 34 cents on a year-on-year basis. These results are ...
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Like other casino operators, MGM Resorts is going through tough time in Macau amid a slowdown in gaming, triggered by a combination of Beijing's anti-graft measures, visa restrictions, a smoking ban and slower growth in ...
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Q2 2015 Banking Review: Credit Card Payment Volumes Card usage volumes in the U.S. jumped sharply in the second quarter of the year after the seasonally weak showing in the first quarter, with steady improvements in the country's economic conditions driving overall spendi...
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United Continental's CEO Resigns In The Wake Of A Federal Investigation -- Tough Times Ahead? Oscar Munoz, who has previously worked at a railroad company, CSX Corporation, and is currently a member of United's board, will replace Jeff Smisek as the head of the company with immediate effect, while retaining his s...
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This is a breaking news story and will be frequently updated. UPDATE 3:15 p.m. EDT: The trajectory of Apple's stock during its iPhone 6S launch event followed a typical pattern Wednesday. If Apple didn't present a "wow f...
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Car Crashes Are Rising and Warren Buffett Blames Texting

Wall Street Journal - 9 Sep 2015 21:20
A 14% surge in fatal car accidents in the first half of the year has surprised big car insurers, and Warren Buffett, whose Berkshire Hathaway owns Geico, says it's because of distracted drivers.
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