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Market News

Location American Market News for 4 December 2015
American Tower Corporation (AMT) has declared its quarterly cash distribution of $0.49 per share on shares of the Company's common stock. The distribution is payable on January 13, 2016 to such stockholders of record at ...
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GoPro: No Hero to Be Found Here

Wall Street Journal - 4 Dec 2015 20:42
Another price cut for the Hero4 Session may finally move some cameras, but GoPro investors are rightly concerned about next year.
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Bloomberg To Head Climate Risk Taskforce To Bring Greater Transparency For Investors Michael Bloomberg, the former mayor of New York and head of the Bloomberg news empire, is to chair a new Climate Disclosure Taskforce set up by the Financial Stability Board (FSB).
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Friday's ETF with Unusual Volume: BBRC

Forbes - 4 Dec 2015 21:07
The EGShares FTSE Beyond BRICs ETF (BBRC) is seeing unusually high volume in afternoon trading Friday, with over 493,000 shares traded versus three month average volume of about 64,000.  Shares of BBRC were up about 0.1...
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How Will Growth In The Chinese Online Advertising Market Impact Sina? Online advertising comprises for nearly 30% of our valuation for Sina . Hence, the company will significantly benefit from rapid growth in the Chinese Internet advertising market, which is forecast to rise at over 28% an...
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Univision Postpones IPO

Wall Street Journal - 4 Dec 2015 03:48
Univision postponed plans for a 2015 IPO due to the lackluster recent performance of media-company stocks and a sluggish market for first-time share sales.
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Macro Hedge Funds Caught Off Guard by ECB's Move

Wall Street Journal - 4 Dec 2015 23:54
Investors in hedge funds are bracing for losses after many funds trading macroeconomic themes were caught off guard by the European Central Bank on Thursday.
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Oil Slumps As OPEC Struggles To Define Its Own Production Quota Oil benchmarks dropped following a decision by Organization of Petroleum Exporting Countries (OPEC), to roll over its 'current' production quota, last set at 30m barrels of oil (bpd), at the conclusion of its oil ministe...
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This announcement means that Roku ? along with Amazon Fire, Xbox One, Android TV, Mac/PC and Android/iOS ? are all using the initial phase of the company?s new interface. On a separate note, freshman drama Chicago Med is...
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Well, the 168th OPEC meeting in Vienna, Austria just concluded. The oil markets are reacting to official and unofficial commentary from OPEC's members.
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How To Profit From Runaway Debt And The Next Global Recession While the U.S. looks to be in okay economic shape with no immediate risk of recession, the story is different for much of the world. Once again the bubble is in the debt markets, but this time the froth is in internation...
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By David Hatch
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The U.S. economy added 211,000 jobs in November, all but cementing expectations that the Federal Reserve will opt to raise interest rates in December. Fed Chair Janet Yellen's diagnosis of an economy that has "recovered ...
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The Dow Jones Industrial Average closed about 2 percent higher Friday, its biggest gain in three months, after U.S. jobs data suggested the economy is robust enough for the Federal Reserve to raise interest rates for the...
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Friday's ETF Movers: GDX, XOP

Forbes - 4 Dec 2015 21:04
In trading on Friday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 3.8% on the day.  Components of that ETF showing particular strength include shares of Semafo (SMF.CA), up about 8.7% and shares of N...
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In trading on Friday, oil & gas exploration & production shares were relative laggards, down on the day by about 4.2%.  Helping drag down the group were shares of Stone Energy (SGY), off about 12.8% and shares of Comsto...
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In trading on Friday, precious metals shares were relative leaders, up on the day by about 3.4%.  Leading the group were shares of Newmont Mining (NEM), up about 7.2% and shares of Primero Mining (PPP) up about 6.7% on ...
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Market Report: FTSE fades after Mario Draghi 'fails to deliver' Housebuilders buck the trend as sector is able to start returning more cash to shareholders
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First Data Hit By Card-Processing Glitch

Wall Street Journal - 4 Dec 2015 20:38
First Data Corp. said it experienced an outage on Friday morning that affected the authorization of transactions made on certain credit cards and debit cards.
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New Products Drove Medtronic's Q2 Revenues

Forbes - 4 Dec 2015 20:38
The company?s string of new products released over the past year helped boost the top line in the second quarter. The trend is expected to continue in the near term on account of Medtronic's strong product pipeline acros...
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While major names in the U.S. casual apparel industry still continue to struggle, American Eagle Outfitters appears to have regained much of its lost mojo. In an environment where buyers have been shunning basic apparel ...
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Is You Tube Red A Real Threat To Netflix?

Forbes - 4 Dec 2015 20:34
By adding TV shows and movies to this service, YouTube Red will now directly compete with the streaming giant Netflix , which currently has more than 40 million subscribers in the U.S. and with aggressive international e...
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