Market News
Credit Suisse, Barclays Could Pay up to $150 Million to Settle 'Dark Pool' Claims
Wall Street Journal - 23 Oct 2015 05:57
Credit Suisse Group AG and Barclays PLC are in discussions to pay as much as $150 million combined to end several investigations and one lawsuit alleging improprieties related to their "dark pools," according to people f...
The most important thing in Formula One?
CNN - 23 Oct 2015 22:20
Sauber's Felipe Nasr explains the aerodynamics of an F1 car and how important is in winning a race
Argentina Election Won't Make Investors Rush In
Wall Street Journal - 24 Oct 2015 01:28
Investors are looking forward to the election Sunday of a new president of Argentina, but few expect a quick resolution of a long standoff with creditors or a quick pick-up in foreign investment.
EMC Q3 Earnings: Core Storage Stagnates, VMware Still Drives Growth
Forbes - 24 Oct 2015 00:39
The company's combined product revenues declined by 4% y-o-y to $3.3 billion, while combined services revenues rose by 7% y-o-y to $2.8 billion. Combined revenues generated by products and services of EMC's core informat...
SanDisk's Weak Q3 Results Overshadowed By Western Digital Acquisition News
Forbes - 24 Oct 2015 00:38
Revenues have been low throughout the year, with combined revenues from Q1 through Q3 falling by 18% y-o-y to just over $4 billion. Over the last month or so, there was speculation about a possible acquisition by Western...
What's In Mason Hawkins' 'Crash Bucket?'
Forbes - 24 Oct 2015 00:35
In Southeastern Asset Management’s third quarter letter, managers discussed three categories of their holdings, the third of which they dubbed the “crash bucket.” Stocks in this elite group consisted of their ene...
Google + Microsoft + Amazon = Cloud Burst
Wall Street Journal - 23 Oct 2015 23:20
Billions spent by Amazon, Microsoft and Google on cloud buildup are paying off.
Friday Sector Laggards: Utilities, Consumer Products
Forbes - 23 Oct 2015 23:16
Looking at the sectors faring worst as of midday Friday, shares of Utilities companies are underperforming other sectors, showing a 1.6% loss. Within the sector, NRG Energy Inc (NYSE: NRG) and Exelon Corp. (NYSE: EXC) ar...
Friday Sector Leaders: Healthcare, Technology & Communications
Forbes - 23 Oct 2015 23:15
Looking at the sectors faring best as of midday Friday, shares of Healthcare companies are outperforming other sectors, up 2.3%. Within the sector, Endo International plc (NASD: ENDP) and Allergan PLC (NYSE: AGN) are two...
Daily Dividend Report: VFC, CCI, MAC, MWE, SFG, ATR, D, SCHW, MHFI, K, HIG, ED
Forbes - 23 Oct 2015 21:57
VF declared a quarterly dividend of $0.37 per share, reflecting a 16 percent increase over the previous quarter's dividend. This dividend will be payable on Dec. 18, 2015 to shareholders of record at the close of busines...
Vale Q3 Earnings Review: Cost Reduction Partially Offsets The Impact Of Weak Iron Ore Prices
Forbes - 23 Oct 2015 21:54
As expected, the sharp decline in iron ore prices over the last twelve months adversely impacted the company's results, with the increase in shipment volumes and the company's cost reduction initiatives mitigating the im...
Noteworthy Friday Option Activity: CMG, WBA, TGT
Forbes - 23 Oct 2015 21:53
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Chipotle Mexican Grill Inc (NYSE: CMG), where a total volume of 9,860 contracts has been traded thus far to...
Improved Underwriting Lifts Travelers' Q3 Earnings, Investment Income Still A Drag
Forbes - 23 Oct 2015 21:52
Travelers, which is among the top property and casualty (P&C) insurers in the U.S. in terms of market share, has benefited in recent quarters from its tight underwriting discipline. Higher retention rates and premium rat...
AT&T Beats Q3 Estimates, Increases Full Year Outlook On Better Cost Management
Forbes - 23 Oct 2015 21:49
The wireless business had a relatively mixed quarter, as postpaid churn rates trended higher and net adds fell amid intense competition, although wireless margins were aided by an increasing uptake of subsidy-free plans ...
Amazon Outperforms Expectations During Q3, Driving Stock Higher
Forbes - 23 Oct 2015 21:47
The recent gains in profits over the past few quarters comes as a surprise, as the the online retail giant was previously known for sacrificing profits for long-term gains. Its sales increase accelerated across both the ...
Friday's ETF with Unusual Volume: EMFM
Forbes - 23 Oct 2015 21:42
The Next Emerging & Frontier ETF (EMFM) is seeing unusually high volume in afternoon trading Friday, with over 168,000 shares traded versus three month average volume of about 25,000. Shares of EMFM were down about 0.2% ...
Friday's ETF Movers: XPH, XRT
Forbes - 23 Oct 2015 21:41
In trading on Friday, the SPDR S&P Pharmaceuticals ETF (XPH) is outperforming other ETFs, up about 5.6% on the day. Components of that ETF showing particular strength include shares of Horizon Pharma (HZNP), up about 28....
Friday Sector Laggards: Textiles, Apparel Stores
Forbes - 23 Oct 2015 21:39
In trading on Friday, textiles shares were relative laggards, down on the day by about 5.4%. Helping drag down the group were shares of Skechers USA (SKX), off about 35.4% and shares of VF Corporation (VFC) off about 13....
Friday Sector Leaders: Diagnostics, Hospital & Medical Practitioners
Forbes - 23 Oct 2015 21:38
In trading on Friday, diagnostics shares were relative leaders, up on the day by about 3.1%. Leading the group were shares of Nobilis Health Corporation (HLTH), up about 23.3% and shares of Chemed Corporation (CHE) up ab...
Carillion bounces back as analysts predict recovery in construction market
Telegraph - 23 Oct 2015 21:25
Market Report: Carillion jumped after a rating upgrade, while the FTSE hit a two-month high
US Government Bond Yields Up After People's Bank Of China Cuts Interest Rates
IBTimes - 23 Oct 2015 20:57
The China central bank's decision to cut interest rates to try to mitigate the country's economic slowdown was the announcement heard around the world Friday. The change, which also lowered banks' reserve requirements, s...
Offshore Yuan Slumps on Devaluation Fears
Wall Street Journal - 23 Oct 2015 20:43
China's currency slumped to its lowest level in almost a month against the dollar in Hong Kong, the latest sign that investors are betting on a further devaluation in the yuan.