Market News
Nasdaq 100 Movers: JD, WYNN
Forbes - 13 Oct 2015 18:42
In early trading on Tuesday, shares of Wynn Resorts (WYNN) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 1.7%. Year to date, Wynn Resorts has lost about 51.3% of its value.
Intel shares swing after earnings beat
CNBC - 14 Oct 2015 00:51
Intel delivered an earnings beat that initially sent stock higher on Tuesday after the bell. Shares were later in the red.
JPMorgan Earnings Fall Short Of Forecasts But Expense Cuts Show Path To Rising Profits
Forbes - 14 Oct 2015 00:45
Despite almost across the board decreases in revenues, JPMorgan was able to use a focus on firmwide efficiency to engineer rising profits during the third quarter.
Why Wall Street's OK if Netflix's earnings drop
CNBC - 13 Oct 2015 23:29
Netflix's U.S. streaming biz has always gotten the focus, but analysts say global expansion is starting to become more of a factor.
More Than Half Of All Mega-Mergers Disappoint Investors. Why Are They Booming?
IBTimes - 13 Oct 2015 23:27
Anheuser-Busch InBev's massive deal to acquire SABMiller would bring 30 percent of the world's beer market into one firm and comes in a year that is on track to rival 2007 for the highest value of mergers and acquisition...
Which Of The Latest 13F Filers Holds Verizon Communications?
Forbes - 13 Oct 2015 23:10
At Holdings Channel, we have reviewed the latest batch of the 22 most recent 13F filings for the 09/30/2015 reporting period, and noticed that Verizon Communications (NYSE: VZ) was held by 15 of these funds. When hedge f...
Five Dow Stocks With Rising Short Activity
Forbes - 13 Oct 2015 23:07
The most recent short interest data has just been released by the NASDAQ for the 09/30/2015 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five Dow Jones Indus...
Five S&P 500 Stocks With Rising Short Activity
Forbes - 13 Oct 2015 23:05
The most recent short interest data has just been released by the NASDAQ for the 09/30/2015 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
At Barclays, Jes Staley Would Face Delicate Balancing Act
Wall Street Journal - 13 Oct 2015 23:01
U.S. banker James Staley is likely to land at Barclays PLC with a delicate balancing act to pull off: fine-tune its investment bank while squeezing profits out of the retail arm.
Tuesday Sector Leaders: Utilities, Consumer Products
Forbes - 13 Oct 2015 22:35
The best performing sector as of midday Tuesday is the Utilities sector, losing just 0.2%. Within that group, NRG Energy Inc (NYSE: NRG) and Sempra Energy (NYSE: SRE) are two large stocks leading the way, showing a gain ...
Tuesday Sector Laggards: Industrial, Services
Forbes - 13 Oct 2015 22:35
In afternoon trading on Tuesday, Industrial stocks are the worst performing sector, showing a 0.8% loss. Within that group, Ryder System, Inc. (NYSE: R) and J.B. Hunt Transport Services, Inc. (NASD: JBHT) are two of the ...
Fortress Confirms Plan to Close Flagship Macro Hedge Fund
Wall Street Journal - 13 Oct 2015 22:33
Fortress Investment said principal Michael Novogratz would retire from the firm and its board at the end of the year, and that money in the macro hedge fund he ran would be returned to investors by then.
A $10 Billion Buyback Doesn't Kill Johnson & Johnson's Deal Hopes
Wall Street Journal - 13 Oct 2015 22:31
Johnson & Johnson's large share buyback reinforces its financial strength.
Daily Dividend Report: FAST, AOS, HPT, SNH, AM
Forbes - 13 Oct 2015 21:58
The Fastenal Company (FAST) declared a dividend of $0.28 per share to be paid in cash on November 24, 2015 to shareholders of record at the close of business on October 27, 2015.
Tuesday's ETF Movers: GDX, ILF
Forbes - 13 Oct 2015 21:52
In trading on Tuesday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Yamana Gold (AUY), up about 5.3% and shares of ...
Tuesday Sector Laggards: Trucking, Airlines
Forbes - 13 Oct 2015 21:50
In trading on Tuesday, trucking shares were relative laggards, down on the day by about 2.5%. Helping drag down the group were shares of Ryder System (R), off about 8.2% and shares of Knight Transportation (KNX) down abo...
Tuesday Sector Leaders: Paper & Forest Products, Precious Metals
Forbes - 13 Oct 2015 21:48
In trading on Tuesday, paper & forest products shares were relative leaders, up on the day by about 2.8%. Leading the group were shares of Wausau Paper (WPP), up about 39.5% and shares of Resolute Forest Products (RFP) u...
FedEx-TNT merger: Updates On The Deal That Could Change The Way Europe Ships
Forbes - 13 Oct 2015 21:44
Despite the company?s strong global reach, it has so far failed to capture much of the European market. To tackle this problem, FedEx had bid to acquire the Dutch logistics company TNT Express earlier this year. In April...
Schlumberger To Remain Resilient In 3Q Driven By Its Transformation Program
Forbes - 13 Oct 2015 21:42
The transformation program, that the company began investing in almost eight years ago, has not only enabled the Houston-based company to survive the economic crisis in 2009-2010, but is likely to allow the company to re...
Why Alibaba Can Expand Faster Than Amazon?
Forbes - 13 Oct 2015 21:40
Alibaba, the largest e-commerce player in China, is often compared to the U.S. online retail giant Amazon. However, Alibaba's business model is more akin to that of eBay. It provides the technology infrastructure and mar...
Why Is Coca Cola Generating Lower Returns Than PepsiCo?
Forbes - 13 Oct 2015 21:38
Despite this margin advantage, Coca Cola's ROE (return on equity) for 2014 stood at 22% (28% for 2012), lower than the 31% (29% for 2012) ROE generated by PepsiCo. Coca Cola has a higher margin than PepsiCo; however the ...
AB InBev-SABMiller Merger At Last Coalesces, Creating a Global Bohemoth
Forbes - 13 Oct 2015 21:36
SABMiller seems to have finally come around, on the fifth time of asking, after an imminent bid to takeover by Anheuser-Busch InBev was agreed in principal by its board just before the deadline day of October 14. The tw...