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Market News

Location American Market News for 29 October 2015
Notable Thursday Option Activity: WFM, APC, GOOG Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Whole Foods Market, Inc. (NASD: WFM), where a total volume of 28,578 contracts has been traded thus far tod...
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Why Allergan Is a Cure for What Ails Pfizer

Wall Street Journal - 29 Oct 2015 22:10
Bringing Allergan into the fold would be a big win for Pfizer--at the right price.
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Visa Nears $22 Billion Deal to Buy European Counterpart

Wall Street Journal - 29 Oct 2015 20:56
Visa is in advanced negotiations to buy Visa Europe for about $22 billion in a deal that would unite Visa's global operations.
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Oil Will Struggle to Break Past $60 a Barrel in 2016

Wall Street Journal - 29 Oct 2015 18:43
Oil price slump will be extended into next year on continued worries over a global crude glut, major investment banks say.
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Top Brokers at Credit Suisse Unhappy With Wells Fargo Deal

Wall Street Journal - 29 Oct 2015 18:40
Dozens of top brokers from Credit Suisse's U.S. private-banking unit are unhappy over their proposed recruitment by Wells Fargo, creating an opening for rival brokerages to poach them.
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Budget Deal Ends Key Social Security Claim Strategies

Wall Street Journal - 29 Oct 2015 04:23
The budget bill the White House and congressional leaders hammered out Monday would shut down two popular Social Security claiming strategies that married couples and their financial advisers have come to rely on to sque...
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A merger with Ireland-based Allergan could enable Pfizer to lower its tax bill, and Pfizer's CEO said he wouldn't let potential political fallout deter him.
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Shares of Valeant Pharmaceuticals International Inc. (NYSE:VRX) suffered late Thursday on news that health chain CVS had severed ties with a specialty pharmacy whose convoluted relationship with Valeant has stirred share...
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Western Digital reported its fiscal first quarter 2016 earnings on Wednesday, October 28, reporting a nearly 15% year-over-year decline in net revenues to $3.36 billion. The total hard drives shipped by Western Digital t...
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They'll search Tinder for soul mates and dare to put their personal details all over social media, but as investors, young people are far too cautious. According to a recent UBS Wealth Management survey, millennials who ...
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NSEL-FTIL merger: Govt wants time till 31 December to pass final order Bombay high court had set a deadline of 30 October for the order
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The coffee giant delivered earnings that met expectations on Thursday, but shares dropped in after-hours trade.
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Carl Icahn Says His Fears Are Coming True As Pfizer Flees US Tax System Carl Icahn is trying his hand at political activism in working to rally Washington against Pfizer's prospective takeover of Allergan.
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Today the market is hot, but the music will stop soon: Chua Kee Lock The group president and CEO at Vertex Venture Holdings, the VC arm of Singapore's Temasek, on start-ups and their crazy valuations
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GoPro's Reeling Stock Knocks Nick Woodman Down A Peg GoPro's 15% drop on Thursday knocked $159 million off Woodman's net worth.
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Budget Deal Underscores Danger Of Relying On Social Security For Retirement Income The seemingly lack of available resources available for funding a growing social security and Medicare benefit programs, as demonstrated by the recent budget deal, is a real nightmare for the elderly as Social Security a...
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Thursday Sector Leaders: Energy, Healthcare

Forbes - 29 Oct 2015 22:32
Thursday Sector Leaders: Energy, Healthcare The best performing sector as of midday Thursday is the Energy sector, higher by 0.5%. Within the sector, Murphy Oil Corp (NYSE: MUR) and EQT Corp. (NYSE: EQT) are two large stocks leading the way, showing a gain of 3.9%...
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Thursday Sector Laggards: Technology & Communications, Utilities In afternoon trading on Thursday, Technology & Communications stocks are the worst performing sector, showing a 1.2% loss. Within that group, F5 Networks, Inc. (NASD: FFIV) and Avago Technologies Ltd (NASD: AVGO) are two...
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Run With Oprah Into Weight Watchers, Run Fast From Valeant Can Oprah Winfrey's mere presence reverse a decaying dinosaur of a business? Can she reverse a fundamental downtrend years in the making? Of course she can, we are taking about Oprah, whose endorsement has influenced pre...
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Tasting the Difference as Coffee Prices Fall

Wall Street Journal - 29 Oct 2015 22:01
Shifting dynamics in the global coffee market might be affecting the flavor in your cup, as a glut of beans from Brazil has driven down prices while Vietnamese farmers have been hoarding their beans.
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SunPower Q3 Review: Doubling Down On Commercial Solar SunPower, the second largest U.S. solar company, posted a better than expected set of third quarter numbers, driven largely by demand for its commercial and residential solar products in the United States. However, the u...
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Key Takeaways From China Telecom's Q3 Earnings China Telecom had a reasonably strong third quarter, aided by incremental subscriber additions, continued migration to the company's 4G LTE network and better cost management. While Q3 revenues grew by about 4.8% year-ov...
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