Market News
Valeant Pharmaceuticals' Dizzying Fall From Investors' Good Graces
Forbes - 12 Nov 2015 01:48
The stunning rise and drastic drop in Valeant's stock price is a reminder that growth built on acquisitions almost always hits a wall.
It's Time to Reconnect With Cisco
Wall Street Journal - 12 Nov 2015 01:31
The networking equipment maker's new leadership, partnership approach and reasonable valuation suggest the stock is worth a look.
Why Big Banks Weren't Smiling During the GOP Debate
Wall Street Journal - 12 Nov 2015 01:23
Big banks are finding themselves again in the political cross hairs, no matter the party. That's not good for their investors.
The Long Wait for Chinese Oil Futures Continues
Wall Street Journal - 12 Nov 2015 00:58
China's volatile stock markets may have claimed another victim: hope for the start of a Chinese oil-futures contract this year to rival global benchmarks Brent and West Texas Intermediate in the trillion-dollar market.
Market report: Deal making ends FTSE losing streak
Telegraph - 12 Nov 2015 00:51
Hopes of creating the world's biggest brewer helped drag the FTSE out of a rut
Noteworthy Wednesday Option Activity: AMZN, APC, AMGN
Forbes - 12 Nov 2015 00:09
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Amazon.com Inc. (NASD: AMZN), where a total of 96,904 contracts have traded so far, representing approximately 9.7 m...
Wednesday Sector Laggards: Energy, Services
Forbes - 11 Nov 2015 23:37
Looking at the sectors faring worst as of midday Wednesday, shares of Energy companies are underperforming other sectors, showing a 3.3% loss. Within the sector, Marathon Oil Corp. (NYSE: MRO) and Apache Corp. (NYSE: APA...
Wednesday Sector Leaders: Utilities, Technology & Communications
Forbes - 11 Nov 2015 23:37
In afternoon trading on Wednesday, Utilities stocks are the best performing sector, higher by 0.5%. Within that group, Entergy Corp. (NYSE: ETR) and PPL Corp (NYSE: PPL) are two large stocks leading the way, showing a ga...
Notable Wednesday Option Activity: CRM, DE, FCX
Forbes - 11 Nov 2015 22:54
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Salesforce.com Inc (NYSE: CRM), where a total of 23,784 contracts have traded so far, representing approximately 2.4...
Daily Dividend Report: MCD, ADP, PRU, DCT, MMM, STI, O, CMA
Forbes - 11 Nov 2015 22:45
McDonald's declared a quarterly cash dividend of $0.89 per share of common stock payable on December 15, 2015 to shareholders of record at the close of business on December 1, 2015. This represents a 5% increase over the...
Democratic Candidates Take Aim at Wall Street
Wall Street Journal - 11 Nov 2015 22:42
Hillary Clinton, Bernie Sanders and Martin O'Malley all want to tax financial transactions. Here is how their approaches differ.
FedEx, UPS Gear Up For The Most Important Quarter Of The Year
Forbes - 11 Nov 2015 22:42
FedEx and UPS are expecting this holiday season to be a big one, as both companies expect increased delivery rates this quarter. UPS is expecting its deliveries to rise by 10% over the same quarter last year, including a...
Petrobras Q3 Preview: Internal & Macroeconomic Problems To Continue In Near Term
Forbes - 11 Nov 2015 22:40
The company has had a rough ride in the last few months, facing roadblocks in the form of various internal and macroeconomic headwinds. Petrobras is currently experiencing the crippling effects of one of the worst worker...
Weak Foundry Spending To Weigh On Applied Materials' Q4 Growth, But Can Pick Up Thereafter
Forbes - 11 Nov 2015 22:36
The company fell marginally short of the analyst expectations with Q3 fiscal 2015 earnings report as weak foundry spending weighed on the semiconductor tool division, which constitutes 65% of revenue and 60% of valuation...
Amazon Is Turning Into A Self-Fulfilling Prophecy With No Limits On Valuation
Forbes - 11 Nov 2015 22:30
Yes, build it and they will come-but forever?
Overstock Shares Plummet 21%, Should You Buy Or Avoid?
Forbes - 11 Nov 2015 22:12
On Monday, Overstock reported its first loss in 15 quarters. It's been downhill for investors since then.
Wednesday's ETF with Unusual Volume: RYE
Forbes - 11 Nov 2015 22:09
The Guggenheim S&P 500 Equal Weight Energy ETF (RYE) is seeing unusually high volume in afternoon trading Wednesday, with over 149,000 shares traded versus three month average volume of about 42,000. Shares of RYE were...
Wednesday's ETF Movers: ITB, XOP
Forbes - 11 Nov 2015 22:08
In trading on Wednesday, the iShares U.S. Home Construction ETF (ITB) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Beazer Homes USA (BZH), ...
Wednesday Sector Laggards: Oil & Gas Equipment & Services, Department Stores
Forbes - 11 Nov 2015 22:06
In trading on Wednesday, oil & gas equipment & services shares were relative laggards, down on the day by about 4.4%. Helping drag down the group were shares of Atwood Oceanics (ATW), down about 10.8% and shares of New...
Wednesday Sector Leaders: Beverages & Wineries, Defense Stocks
Forbes - 11 Nov 2015 22:05
In trading on Wednesday, beverages & wineries shares were relative leaders, up on the day by about 1.6%. Leading the group were shares of Molson Coors Brewing (TAP), up about 3.3% and shares of Coca-Cola Bottling (COKE...
Apple's iPad Pro: Sizing Up the Challenge
Wall Street Journal - 11 Nov 2015 21:52
Apple's new super-sized tablet may not replace many laptops, but it doesn't have to.
China Freezes More Shares Tied to Fund Manager
Wall Street Journal - 11 Nov 2015 21:46
A freeze on mainland-listed shares associated with a Chinese fund manager arrested for alleged insider trading and stock-price manipulation has widened to include two more companies.