Market News
San Francisco Sues American Express Over Merchant Restraints
Wall Street Journal - 20 Nov 2015 08:57
The city of San Francisco has sued American Express for anticompetitive and alleged illegal merchant restraints. The company lost a federal antitrust case earlier this year.
How GlaxoSmithKline Can Revive Its Share Price
Wall Street Journal - 20 Nov 2015 20:43
GlaxoSmithKline has made its strategic pitch to investors and showcased its pipeline. It still hasn't overcome skepticism that it can deliver the goods.
China's Central Bank Picks New Target, but Old Problems Remain
Wall Street Journal - 20 Nov 2015 10:03
The People's Bank of China is laying the groundwork for a new policy target, a welcome move, even if it won't have much short-term effect.
Prime-Central London House Prices Cool Down
Wall Street Journal - 20 Nov 2015 06:14
The price that sellers are hoping to fetch, and what buyers are actually willing to pay, has grown farther apart in the past year.
Major Flaws Emerge In Wall Street's Amazing Shadow Bank Stock Boom
Forbes - 21 Nov 2015 01:18
Business development companies, the great yield vehicles that emerged from Dodd Frank Act, are acting like a crisis has already happened. The fact that credit conditions are benign underscores how mismanaged the industry...
Chipotle's Stock Tumbles As More E. Coli Cases Reported
Forbes - 21 Nov 2015 00:09
Shares of Chipotle plunged on Friday after the CDC said a strain of E. coli linked to the restaurant chain had spread to six states.
Five BDCs With Rising Short Activity
Forbes - 20 Nov 2015 23:57
The most recent short interest data has just been released by the NASDAQ for the 10/30/2015 settlement date, and we here at BDC Investor have sifted through this fresh data and screened out these five BDCs. A metric we f...
Notable Friday Option Activity: TSLA, AMBA, WSM
Forbes - 20 Nov 2015 23:56
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tesla Motors Inc (NASD: TSLA), where a total volume of 108,357 contracts has been traded thus far toda...
Metal Prices Plummet
Wall Street Journal - 20 Nov 2015 23:55
Two of the world's most important industrial metals, copper and nickel, plummeted to six- and 12½-year lows on Friday, battered by a negative mix of weaker Chinese growth, a stronger U.S. dollar and too much metal.
Bulging Natural-Gas Storage Should Terrify Energy Investors
Wall Street Journal - 20 Nov 2015 23:43
U.S. natural-gas inventories are at an all-time high and that isn't the only bad news for producers of the fuel heading into winter.
Friday Sector Leaders: Services, Healthcare
Forbes - 20 Nov 2015 23:40
The best performing sector as of midday Friday is the Services sector, up 0.9%. Within that group, Ross Stores, Inc. (NASD: ROST) and The Gap, Inc. (NYSE: GPS) are two large stocks leading the way, showing a gain of 9.0%...
Friday Sector Laggards: Energy, Materials
Forbes - 20 Nov 2015 23:40
The worst performing sector as of midday Friday is the Energy sector, showing a 1.1% loss. Within the sector, Southwestern Energy Company (NYSE: SWN) and Range Resources Corp (NYSE: RRC) are two large stocks that are lag...
Morgan Stanley Tweaks Brokers' Pay Plan for 2016
Wall Street Journal - 20 Nov 2015 23:32
Morgan Stanley is taking a gentler approach to its broker compensation plan for next year.
One Put, One Call Option To Know About for Ares Capital
Forbes - 20 Nov 2015 23:12
Among the universe of BDCs covered at BDC Investor, Ares Capital Corp (NASD: ARCC) has stock options available as one of the tools investors can utilize to manage an investment. BDC stands for Business Development Compan...
U.S. Conducting Review of Government Bond Market
Wall Street Journal - 20 Nov 2015 23:04
A senior counselor to the U.S. Treasury Department says the government has embarked on its most sweeping review of the government bond market in recent memory, and would use a range of new and existing measures to obtain...
Philip Morris In Emerging Markets: Will Costs Outweigh Benefits?
Forbes - 20 Nov 2015 22:44
At a time when anti-smoking regulations and increasing health awareness regarding smoking have been a drag on results in developed markets, these emerging markets that had been showing phenomenal growth over the last dec...
UPS, FedEx And The Holiday Season Risks
Forbes - 20 Nov 2015 22:42
In 2013, almost 41% of the world?s internet users purchased products online. The size of the market is increasing every year in double digits and could continue to do so for the foreseeable future. To put this into persp...
What To Expect From American Eagle This Holiday Season?
Forbes - 20 Nov 2015 22:40
Just like every other retailer, American Eagle Outfitters is all geared up for the holiday season of 2015. In an update earlier this month, the management announced that they were very optimistic about the company?s holi...
How Samsung Is Rethinking Its App Processor Strategy With The Exynos 8890
Forbes - 20 Nov 2015 22:38
However, that may be set to change with the introduction of the Exynos 8 Octa 8890 processor, which marks a departure of sorts from the company?s previous app processor strategy. This is Samsung?s first app processor to ...
Best Buy Q3 Earnings: Cost Cuts Help Expand Profits As Weak Industry Sales Weigh On Top Line
Forbes - 20 Nov 2015 22:36
Best Buy reported its earnings for the third quarter ended October on November 19th. The consumer electronics retailer reported an earnings per share of $0.37, exceeding a consensus estimate of $0.35. Given weak demand, ...
Corporate Tax Inversions: Treasury Department's New Rules Won't Stop Company Deals Designed To Avoid US Taxes
IBTimes - 20 Nov 2015 22:34
When the U.S. Department of the Treasury released new rules concerning corporate tax inversions Thursday, all eyes settled on Pfizer. The pharmaceutical giant and Viagra maker is in talks to acquire Dublin-based Allergan...
Daily Dividend Report: NKE, A, HD, PEP, UNP, YUM, APD, WMB, PPL
Forbes - 20 Nov 2015 22:23
NIKE (NKE) declared a quarterly cash dividend on the Company's outstanding Class A and Class B Common Stock of $0.32 per share, on a pre-split basis, payable on January 4, 2016 to shareholders of record at the close of b...