Market News
Feds Win Fight Over Risky Loans
Wall Street Journal - 3 Dec 2015 05:59
A controversial push by regulators extends their reach beyond individual banks and across the entire financial system.
Weakness In PC Market To Continue For Seagate, Stock Worth $45
Forbes - 3 Dec 2015 15:40
Seagate Technology has had a tough 2015 thus far, with a 12% annual decline in revenues to $9.2 billion for the first three quarters of the year. A similar trend was observed by competing hard drive manufacturer Western ...
Interview: Investor, Columnist, Author Ken Fisher
Forbes - 3 Dec 2015 23:47
CEO of Fisher Investments and long-time Forbes columnist Ken Fisher (Trades, Portfolio) arguably has investing in his blood. His father is noted money manager Phil Fisher, author of the bestselling "Common Stocks and Unc...
Goldman Tries a New Commodities Play
Wall Street Journal - 3 Dec 2015 23:44
Goldman Sachs and other Wall Street banks are providing more short-term loans to refiners and others in the energy industry, a low-risk, low-return business that is gaining prominence as tough rules prompt banks to cut b...
Coming Up Friday: U.S. Jobs Report May Signal Slow Pace at Fed
Wall Street Journal - 3 Dec 2015 23:33
Wages are rising, but not at a fast-enough pace to force the Fed to run really hard on rates.
Get A Bigger Tax Refund In 2016 By Claiming These Credits And Deductions
IBTimes - 3 Dec 2015 23:11
December is a busy month, and taxes -- understandably -- are not top of mind for most people. But in order to score the largest possible tax refund come April, tax moves must be made before the clock strikes midnight on ...
Martin Shkreli, Twitter And Moving Markets In 140 Characters Or Less
Forbes - 3 Dec 2015 22:45
November 20 is a date that will live in infamy for investors who were short a tiny pharmaceutical company named KaloBios Pharmaceuticals. And it started with a tweet. Martin Shkreli, the Founder and Chief Executive Offic...
Chesapeake Shareholders Sell First, Ask Questions Later
Wall Street Journal - 3 Dec 2015 22:33
Chesapeake Energy shareholders dumped the stock in the wake of a debt restructuring but should be relieved as it makes the chance of financial distress lower.
ECB vs. the Markets: Why Both Lose
Wall Street Journal - 3 Dec 2015 22:15
The ECB disappointed markets. But markets had overhyped the ECB. Greater caution is warranted in future.
Notable Thursday Option Activity: BIIB, DIS, MCD
Forbes - 3 Dec 2015 22:01
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Biogen Inc (NASD: BIIB), where a total of 9,380 contracts have traded so far, representing approximately 938,000 und...
Iron ore prices in free fall again
livemint.com - 3 Dec 2015 21:46Thursday Sector Leaders: Utilities, Materials
Forbes - 3 Dec 2015 21:40
In afternoon trading on Thursday, Utilities stocks are the best performing sector, losing just 0.5%. Within that group, NRG Energy Inc (NYSE: NRG) and Duke Energy Corp (NYSE: DUK) are two large stocks leading the way, sh...
Pidilite profit jumps, stock slumps
livemint.com - 3 Dec 2015 21:38
Shares of India's largest manufacturer of adhesives have fallen 12% since March, underperforming broader markets
Billionaire lifts stake in InterContinental Hotels
Telegraph - 3 Dec 2015 21:19
The founder of the BCD travel group now owns 4pc of the FTSE 100 hotels giant
Reliance Jio: a worry for both competitors, RIL shareholders
livemint.com - 3 Dec 2015 21:17
The response of investors suggests that Reliance Jio's launch will be a value destroying proposition for the entire industry
Morgan Stanley to Recruit Credit Suisse's Latin America Brokers
Wall Street Journal - 3 Dec 2015 21:05
Morgan Stanley has negotiated a deal to exclusively recruit Credit Suisse Group AG's U.S. brokers who focus on Latin America, according to people with knowledge of the matter.
India could be bright spot as engine of growth in new economy is technology: Kelly Teoh
livemint.com - 3 Dec 2015 20:56
The iron ore derivatives broker at Clarksons Platou Futures in Singapore says it will be difficult for Indian markets to escape fallout from a muted global growth that's likely in 2016
Daily Dividend Report: DIS, ENB, PHM, MSFT, VZ, GD, EOG, CB, DG, HES, DTE
Forbes - 3 Dec 2015 20:50
The Walt Disney Company (DIS) declared a cash dividend of $0.71 per share for the second half of fiscal 2015, payable January 11, 2016 to shareholders of record at the close of business on December 14, 2015.
Yellen sets floor for jobs growth ahead of report
livemint.com - 3 Dec 2015 20:48
The November jobs report is a last key bit of economic data for the Fed before a policy meeting on 15-16 December that may see the first US interest rate increase in a decade
Don't Buy The Death Of Retail Story
Forbes - 3 Dec 2015 20:44
Stagnating retail sales are just not consistent with everything else going on in America today. It is most likely a measurement issue. Underlying evidence points to a 2015 holiday shopping season that may very well be re...
Thursday's ETF with Unusual Volume: PSP
Forbes - 3 Dec 2015 20:43
The PowerShares Global Listed Private Equity Portfolio ETF (PSP) is seeing unusually high volume in afternoon trading Thursday, with over 2.1 million shares traded versus three month average volume of about 119,000. Sh...
How India Could Be The Next Big Opportunity For Baidu?
Forbes - 3 Dec 2015 20:42
Baidu is reportedly looking to invest $100 million in the Indian discount deals company mydala.com and a similar amount in the next one year in small consumer internet start-ups in India. These investments will mark Baid...