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Market News

Location American Market News for 8 December 2015

No reason for wild optimism in tea industry

livemint.com - 8 Dec 2015 21:36
No reason for wild optimism in tea industry Current tea price and output trends do not show enough reasons to support a surge
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Asian Markets Drop on Oil's Decline

Wall Street Journal - 8 Dec 2015 06:45
Asian markets tumbled after global oil benchmarks hit the lowest levels in almost seven years in U.S. trading, sending energy stocks and raw materials producers sharply lower.
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Chanel Pays Record Price for Retail Space

Wall Street Journal - 8 Dec 2015 23:31
French luxury retailer Chanel is paying a record price for retail space in Los Angeles as prime shopping locations in the nation's major urban areas command rising premiums.
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Notable Tuesday Option Activity: VRA, LNKD, IMAX Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Vera Bradley Inc. (NASD: VRA), where a total volume of 2,053 contracts has been traded thus far today,...
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What Is Netflix's Global Market Penetration In Terms Of Subscribers? What Is Netflix’s Global Market Penetration In Terms Of Subscribers? Below we provide a direct and tabular answer to this question. For our full analysis of Netflix, see the link below, which will also take your to our...
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Miners in meltdown: Mining stocks plunge to 11-year lows The FTSE 350 mining index tumbled by almost 7pc to its lowest level since August 2004.
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Growth firming in India, losing momentum in the US: OECD Composite leading indicator shows growth is firming up in the country
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Sainsbury's rises above fray as miners drag market down The FTSE 100 fell 1.42pc as the commodity price rout continued, while Sainsbury's emerged as one of only two risers.
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Gold prices ended the U.S. day session near unchanged levels Tuesday. Some late short covering in the futures market and bargain hunting in the cash market did lift prices up from their daily lows.
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Tuesday Sector Laggards: Materials, Industrial Looking at the sectors faring worst as of midday Tuesday, shares of Materials companies are underperforming other sectors, showing a 1.4% loss. Within the sector, Freeport-McMoran Copper & Gold (NYSE: FCX) and Mosaic Co ...
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IPOs of Dr Lal Pathlabs and Alkem Labs see good demand Alkem Labs sees subscription of 36% in institutional investor category; Dr Lal Pathlabs' sees institutional investors' segment subscribed 1.07 times
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Brokerages expect Sensex to post 10-25% gain in 2016 Though 2015 is likely to end on a poor note for the Sensex, analysts hope reforms and earnings will pick up next year
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Here's How Growth In The Chinese Online Video Market Will Impact Baidu Baidu is positioned among the key players in the Chinese online video market, as its Qiyi (online video) platform accounts for around 20% market share. Hence, we think the search-giant could capitalize heavily on future ...
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In July 2015, Nokia revealed its plans to enter the virtual reality market by launching the world's first real time professional production equipment to make immersive games, movies and TV. The first launch in this portf...
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Why Lululemon's Stock Is So Volatile

Forbes - 8 Dec 2015 20:36
The Vancouver based manufacturer and distributor of yoga apparel posted a strong 16% jump in sales in its most recent quarter, while boosting its store count to 300 and announcing a new 11,500 square foot flagship store ...
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Being the first to get the FDA approval for a bioabsorbable polymer drug-eluting stent (BP-DES), Boston Scientific has a huge opportunity to gain share in the interventional cardiology market in the the U.S., the largest...
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Eli Lilly and Company (LLY) announced a 2 percent increase in its quarterly dividend. The dividend for the first quarter of 2016 will be $0.51 per share on outstanding common stock. This raises the annual indicated rate ...
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Tuesday's ETF with Unusual Volume: PBP

Forbes - 8 Dec 2015 19:53
The PowerShares S&P 500 BuyWrite Portfolio ETF (PBP) is seeing unusually high volume in afternoon trading Tuesday, with over 1.4 million shares traded versus three month average volume of about 125,000.  Shares of PBP w...
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Tuesday's ETF Movers: XPH, IYT

Forbes - 8 Dec 2015 19:52
In trading on Tuesday, the SPDR S&P Pharmaceuticals ETF (XPH) is outperforming other ETFs, up about 1.8% on the day.  Components of that ETF showing particular strength include shares of TherapeuticsMD (TXMD), up about ...
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How I use methods developed by Benjamin Graham to identify value stocks -- combined with technical analysis or "chart reading."
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In trading on Tuesday, metals & mining shares were relative laggards, down on the day by about 2.8%.  Helping drag down the group were shares of Foresight Energy LP (FELP), down about 30.7% and shares of Rio Tinto (RIO)...
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In trading on Tuesday, computer peripherals shares were relative leaders, up on the day by about 1.4%.  Leading the group were shares of Zagg (ZAGG), up about 8.9% and shares of FireEye (FEYE) up about 7.5% on the day.
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