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Market News

Location American Market News for 23 October 2015
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...
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The most important thing in Formula One? Sauber's Felipe Nasr explains the aerodynamics of an F1 car and how important is in winning a race
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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.
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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...
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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...
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What's In Mason Hawkins' 'Crash Bucket?'

Forbes - 24 Oct 2015 00:35
What's In Mason Hawkins' 'Crash Bucket?' 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...
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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.
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Friday Sector Laggards: Utilities, Consumer Products 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...
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Friday Sector Leaders: Healthcare, Technology & Communications 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...
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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...
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Vale Q3 Earnings Review: Cost Reduction Partially Offsets The Impact Of Weak Iron Ore Prices 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...
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Noteworthy Friday Option Activity: CMG, WBA, TGT 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...
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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...
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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 ...
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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 ...
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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% ...
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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....
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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....
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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...
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Carillion bounces back as analysts predict recovery in construction market Market Report: Carillion jumped after a rating upgrade, while the FTSE hit a two-month high
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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...
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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.
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