Market News
Oil Surges as Stockpiles Shrink
Wall Street Journal - 16 Sep 2015 19:55
Oil prices jumped after a surprisingly large drop in U.S. stockpiles, signaling an easing in oversupply. The U.S. Energy Information Administration showed crude stocks fell by 2.1 million barrels last week.
Asian Shares Up Wednesday, US Bond Yields Jump
IBTimes - 16 Sep 2015 06:40
By Hideyuki Sano TOKYO
Hedge Fund Bridgewater Defends Its 'Risk-Parity' Strategy
Wall Street Journal - 16 Sep 2015 06:01
A marquee offering from the world's biggest hedge-fund manager, Bridgewater Associates, had its worst month in two years in August, prompting the firm to defend its approach as a solid strategy in good markets and bad.
Asset Managers Face Tough Choice If Rates Rise
Wall Street Journal - 16 Sep 2015 05:47
An increase in interest rates would force many asset managers to make a hard decision: keep the extra money or pass it along to returns-starved clients
MetLife to Take $792 Million Charge
Wall Street Journal - 17 Sep 2015 01:17
Life insurer MetLife Inc. said it will take a $792 million charge against third-quarter earnings to reflect that it may owe more federal taxes for past years.
These Billionaire Hedge Fund Managers Are Betting Big That Apple Is Cheap
Forbes - 17 Sep 2015 00:47
It's not often that you get an opportunity to buy Apple (NASDAQ:AAPL) stock, the world's most widely held stock, at a discount. But given the broad market declines of the past month, Apple has given the world a nice dip ...
The Commoditization Of The Stock Market - Part II
Forbes - 17 Sep 2015 00:47
Picking up from last week’s post, succeeding generations of money managers missed McChesney Martin's and later Paul Volcker's draconian FRB tightening exercises when inflation ran between 7% and 8% and 5-year agency no...
Silver Wheaton Stock Receives Vote Of Confidence From Management Amid Uncertainty
Forbes - 17 Sep 2015 00:43
Silver Wheaton has announced the buyback of up to 20.2 million shares of the company's stock, amid weakness in the company's stock price as a result of weak precious metal prices and tax related uncertainty. The company ...
China's Changing Tastes Offer Upside for Coffee
Wall Street Journal - 16 Sep 2015 23:33
Chinese appetite for coffee and other small luxuries is rising, driven by changing tastes and an expanding middle class.
Buy the Fed Rumor, Sell the Fact
Wall Street Journal - 16 Sep 2015 22:48
Go with the Fed's flow Thursday as Janet Yellen and her company do or don't surprise markets.
3G Capital Eyes Another Blockbuster Deal With Budweiser-Miller Marriage
Forbes - 16 Sep 2015 22:46
It wouldn't be the first time a trio of Brazilian billionaires were involved in orchestrating a combination of breweries.
Trade data for August shows up vulnerabilities of Indian economy
livemint.com - 16 Sep 2015 22:43
Part of the fall in exports is in line with the slump in commodity prices; but as data from CPB World Trade Monitor show, even volume growth is hard to find
Wednesday Sector Laggards: Healthcare, Technology & Communications
Forbes - 16 Sep 2015 22:36
The worst performing sector as of midday Wednesday is the Healthcare sector, showing a 0.1% loss. Within that group, Patterson Companies Inc (NASD: PDCO) and DENTSPLY International, Inc. (NASD: XRAY) are two of the day's...
Janet Yellen's Dashboard: 3 Data Points That Will Guide The Federal Reserve's Interest Rate Decision
IBTimes - 16 Sep 2015 22:20
U.S. Federal Reserve Chair Janet Yellen faces a daunting task this week as policy makers debate whether to raise interest rates for the first time in nearly a decade. The Fed's decision hinges on whether central bankers ...
Mondi drops on worries about the packaging industry
Telegraph - 16 Sep 2015 21:51
International packaging company Mondi became the biggest FTSE 100 faller after Goldman Sachs downgraded the stock.
Here's Why We Think Sina's Stock Is Valued At $46
Forbes - 16 Sep 2015 21:46
Notwithstanding the macro risks present in the Chinese economy, our price estimate for SINA stands at $46.30. This represents more than 20% premium to the current market price. We believe there are several positives in t...
Alcoa Announces Alumina Refining Capacity Curtailment
Forbes - 16 Sep 2015 21:44
Alumina is primarily used as a raw material in the production of aluminum. Given the prevailing weakness in aluminum prices, Alcoa has curtailed a significant proportion of its high-cost aluminum smelting operations. Wit...
Bleak Market Conditions For Coal To Negatively Impact Union Pacific's Shipment Business
Forbes - 16 Sep 2015 21:42
Though coal shipments remain an important source of freight revenues for Union Pacific, the company's revenues from coal shipments have declined sharply, falling roughly 18% year-over-year in the first half of 2015. The ...
Micron: Signs of Stabilizing PC Demand And A Focus on New Growth Segments Bodes Well
Forbes - 16 Sep 2015 21:41
At the Citi 2015 Global Technology Conference last week, leading memory products manufacturer Micron Technology admitted to seeing signs of stability in the PC market, with reductions in inventory throughout the network ...
The Fed Gets a Last Data Point, and It Isn't Good
Wall Street Journal - 16 Sep 2015 21:40
Inflation is already low, but falling gasoline costs could push overall prices negative.
Can EA's Madden NFL 16 Provide A Blockbuster Start To the 2015 Holiday Season?
Forbes - 16 Sep 2015 21:37
Electronic Arts has started its campaign for the 2015 holiday season with the release of one of its core franchises: Madden NFL 16. On August 25, EA launched this year's edition of North America's most popular sports fra...
Daily Dividend Report: MSFT, PM, JPM, CSCO, USB, MMC, PCG, APD, SPLS
Forbes - 16 Sep 2015 21:34
Microsoft declared a quarterly dividend of $0.36 per share, reflecting a five cent increase, or 16.1 percent, over the previous quarter's dividend. The dividend is payable December 10, 2015 to shareholders of record on N...