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Market News

Location American Market News for 23 September 2015

BA owner flies high on bullish broker note

Telegraph - 23 Sep 2015 20:44
BA owner flies high on bullish broker note International Airlines Group became the FTSE favourite after Morgan Stanley said it was its "top pick" in the sector.
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Gloomy Chinese manufacturing outlook knocks Asian shares China's manufacturing PMI gauge registered 47 for September - indicating contraction
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The test that shows when a share is heading for disaster Investors who want to give their portfolio a health check need to examine one crucial figure. And it's telling you to sell these FTSE 100 stocks
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By Caroline Valetkevitch NEW YORK
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See How Alcoa Ranks Among Analysts' Top Metals Picks A study of analyst recommendations at the major brokerages shows that Alcoa, Inc. (NYSE: AA) is the #27 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, accor...
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Notable Wednesday Option Activity: WYNN, RIG, JNJ Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Wynn Resorts Ltd (NASD: WYNN), where a total volume of 25,533 contracts has been traded thus far today, a c...
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Brazil Moves to Support Currency

Wall Street Journal - 23 Sep 2015 21:47
Brazil's central bank intervened to try to calm the country's volatile foreign-exchange market and prop up the real as the Brazilian currency continued its slide against the dollar.
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IMF-Backed Reforms Could Grant Ghana A Debt Reprieve With a World Bank guarantee and an IMF programme, Ghana’s government may finally have a little breathing room to fix the country’s sputtering economy, as officials go on the road to market a new $1.5 billion eurobond...
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Nasdaq 100 Movers: JD, CTXS

Forbes - 23 Sep 2015 18:23
In early trading on Wednesday, shares of Citrix Systems (CTXS) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 1.8%. Year to date, Citrix Systems registers a 15.2% gain.
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Chinese Baby-Formula Maker Won't Get Rich by Adding Vitamins

Wall Street Journal - 23 Sep 2015 08:24
Biostime's deal for Australian vitamin maker Swisse Wellness isn't the game-changer investors seem to think it is.
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Emerging markets currencies fall on US Federal Reserve confusion Brazil's real sinks to record low on credit rating concern; Hindalco drops 6.3%
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Brazil's Real Hits Two-Decade Low

Wall Street Journal - 23 Sep 2015 04:57
Brazil's currency swooned, as investors wagered that the commodity rout and political turmoil will continue to batter the country's economy.
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Total Faces U.S. Probe Over Gas Market Trades

Wall Street Journal - 24 Sep 2015 01:49
Some of French oil company Total SA's market trades in the U.S. are under investigation by the Commodity Futures Trading Commission, and the company is in talks to settle the matter.
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Bill Gross To The Fed: 'Get Off Zero Now!'

Forbes - 24 Sep 2015 00:53
Bill Gross To The Fed: 'Get Off Zero Now!' Bill Gross has something to say to the Federal Reserve: Raise interest rates and raise them now.
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Defaults More Likely To Drive Bank Stocks Than Janet Yellen's Decision To Hike Interest Rates Bank stock investors may find that rising default rates from today's record low levels have a greater impact on long-term performance than Janet Yellen's now delayed decision to hike interest rates.
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FTIL raises stake sale in IEX to 19.06%

livemint.com - 24 Sep 2015 00:04
FTIL raises stake sale in IEX to 19.06% Last month, FTIL sold all rights of its technology platform used to run operations of a power bourse to IEX for Rs108 crore
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Debt Relief Snarls Market for Student Loans

Wall Street Journal - 23 Sep 2015 23:31
Federal programs designed to ease the burden of college loans are snarling the markets for student debt, making it harder for banks to free up capital for new loans.
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NTPC tax-free bonds subscribed 11 times on day 1

livemint.com - 23 Sep 2015 23:16
NTPC tax-free bonds subscribed 11 times on day 1 A total demand of over Rs4,400 crore was generated against the issue size of Rs700 crore
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Hess Corp Shares Cross 2% Yield Mark

Forbes - 23 Sep 2015 23:09
Hess Corp Shares Cross 2% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of Hess Corp (NYSE: HES) were yielding above the 2% mark based on its quarterly dividend (annualized to $1.00), with the sto...
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Years ago, I'd subway down to Chinatown in the Big Apple to play tic-tac-toe, paired against a chicken encased in a glass box. The chicken got first move so you couldn't ever beat her, just tie. She was trained with bird...
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Seagate Technology Dividend Yield Pushes Past 5% Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of Seagate Technology plc (NASD: STX) were yielding above the 5% mark based on its quarterly dividend (annualized to $2.16),...
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Notable Wednesday Option Activity: PCLN, COST, CAT Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Priceline Group Inc. (NASD: PCLN), where a total volume of 11,730 contracts has been traded thus far today,...
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