Market News
Asian Shares Mostly Down; Singapore Enters Bear Market
Wall Street Journal - 28 Sep 2015 09:02
Japanese shares led Asian markets lower Monday, as investors reconsidered the prospects for further monetary easing, while stocks elsewhere mostly fell as evidence of China's slowdown continues to build.
How Some Investors Get Special Access to Companies
Wall Street Journal - 28 Sep 2015 08:22
In meetings with top executives, facts and body language flow from public companies to handpicked recipients.
Investors Pull Back From Junk Bonds
Wall Street Journal - 28 Sep 2015 08:23
A decline in investors' appetite for high-yield bonds poses a threat to the merger boom.
Crunchtime for Global Tax-Avoidance Push
Wall Street Journal - 28 Sep 2015 03:43
Nearly 50 governments are set to agree this fall to a new set of rules to clamp down on tax avoidance among multinational corporations. Their chance of success, however, is unclear.
Dubai: The Perfect Gateway To A Post Sanctions Iran
Forbes - 29 Sep 2015 01:38
There is a certain air of inevitability about Iran’s return to the international fold in wake of the nuclear settlement between Tehran and the US led P5+1 group of international powers. Unless belligerence in Iranian c...
Russia's Sinking Ruble 2015: Mobile Phone Sales Drop Amid Uncertain Economy
IBTimes - 29 Sep 2015 01:10
Russian mobile phone sales dropped 14 percent during the first eight months of the year, according to figures published by the Russian retail chain Yevroset, the Moscow Times reports. The drop in sales was a result of a ...
Democrats Take Aim At Drug Prices; Biotech Stocks Drop
IBTimes - 29 Sep 2015 00:17
Democratic lawmakers attacked "massive" price increases of two heart drugs from Canada's Valeant Pharmaceuticals International Inc, sparking a rout in drugmakers' shares on worries of a broad government and insurer clamp...
Stocks Pummeled: Dow Dives 300 Points, S&P Down 2.5%
Forbes - 29 Sep 2015 00:02
Stocks were hammered on Monday as Wall Street began the week in a sea of red. The S&P 500 ended 49 points, or 2.5%, lower while the Dow slipped 312 points (1.9%) and the Nasdaq fell 142 points (3%).
How to Handle Current Market Turmoil
Forbes - 28 Sep 2015 23:50
It’s hard to avoid reacting to market turmoil when you’re hit by a tsunami of dire investment warnings and falling prices. In 2008, the problem was credit risk fears and collapsing home prices – along with $100/bar...
Australians Turn to Overseas Stocks
Wall Street Journal - 28 Sep 2015 23:30
International shares look more attractive to Australians these days as the resource-dependent economy and the local currency are flagging.
Glencore's Trading Book: Short Confidence
Wall Street Journal - 28 Sep 2015 23:11
Glencore's stunning slump shows confidence in the miner and commodities trader is rapidly ebbing.
Five S&P 500 Stocks With Rising Short Activity
Forbes - 28 Sep 2015 22:56
The most recent short interest data has just been released by the NASDAQ for the 09/15/2015 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
Monday Sector Laggards: Healthcare, Energy
Forbes - 28 Sep 2015 22:33
In afternoon trading on Monday, Healthcare stocks are the worst performing sector, showing a 4.8% loss. Within that group, Endo International plc (NASD: ENDP) and Regeneron Pharmaceuticals, Inc. (NASD: REGN) are two larg...
Warren Buffett Saved Media General: Don't Dismiss Berkshire In A Fight Over Its Future
Forbes - 28 Sep 2015 22:27
Last week Forbes wrote a column explaining why Warren Buffett had no say in a Bank of America shareholder vote on CEO Brian Moynihan's chairmanship despite Berkshire Hathaway's de facto position as the bank's largest sh...
Leave Costco Shares on the Shelf
Wall Street Journal - 28 Sep 2015 22:24
Costco's bargain doesn't extend to its stock price. It may suffer more than those of other retailers if market volatility persists.
Tesla's Elon Musk & 4 More Insiders Who Bought Big During The Quarter
Forbes - 28 Sep 2015 22:20
While InsiderScore reported a macro buying inflection in late August, its most recent updates have insider sentiment trending Neutral. Even so, some buys just couldn't be ignored.
Daily Dividend Report: CBRL, AET, MRVL, MORN, LNN
Forbes - 28 Sep 2015 22:08
Cracker Barrel Old Country Store (CBRL) has declared a regular quarterly dividend to common shareholders of $1.10 per share, payable on November 5, 2015, to shareholders of record on October 16, 2015.
Investors Give Cold Shoulder to Deals
Wall Street Journal - 28 Sep 2015 22:01
The stocks of a number of acquirers have suffered big losses in the past few months following the announcement of a takeover.
Monday's ETF with Unusual Volume: XPH
Forbes - 28 Sep 2015 21:57
The SPDR S&P Pharmaceuticals ETF (XPH) is seeing unusually high volume in afternoon trading Monday, with over 905,000 shares traded versus three month average volume of about 67,000. Shares of XPH were down about 7.7% on...
Monday's ETF Movers: BSCG, XPH
Forbes - 28 Sep 2015 21:55
In trading on Monday, the Guggenheim BulletShares 2016 Corporate Bond ETF (BSCG) is outperforming other ETFs, up about 0.1% on the day. Components of that ETF showing particular strength include shares of Oracle (ORCL), ...
Monday Sector Laggards: Drugs, Biotechnology Stocks
Forbes - 28 Sep 2015 21:54
In trading on Monday, drugs shares were relative laggards, down on the day by about 8.3%. Helping drag down the group were shares of Verastem (VSTM), down about 72.5% and shares of Epizyme (EPZM) down about 29.5% on the ...
Can Juniper's Switches Add More Value To The Company?
Forbes - 28 Sep 2015 21:52
We expect Juniper's switching market share to grow in the future, and a better-than-expected increase - driven by new product launches and innovation as well as software-defined networking - could add up to 5% to the com...