Market News
China Sets Yuan at Weakest Level Since 2011
Wall Street Journal - 9 Dec 2015 13:29
Facing currency outflows and a weakening economy, Beijing guided the yuan to its weakest level against the dollar in more than four years.
Looking for an Oil Play? Try the Permian Basin
Wall Street Journal - 9 Dec 2015 20:24
Shares of Permian energy producers are among the top-performing energy stocks in an otherwise woeful year for the sector.
Less Than Zero: Living With Negative Interest Rates
Wall Street Journal - 9 Dec 2015 06:24
There is some good and bad in the upside-down world of negative interest rates, in which banks impose a levy on customers to hold their money. How this scenario will play out is anyone's guess.
Crude Prices Pare Losses but Oil Oversupply Fear Lingers
Wall Street Journal - 9 Dec 2015 13:38
Oil prices were higher, recovering from steep falls this week even as sentiment remained bearish over the sector's oversupply.
Energy Sector's Junk-Bond Pain Spreads
Wall Street Journal - 9 Dec 2015 13:30
Losses in the energy sector's junk-bond market are spreading beyond oil-and-gas producers, further rattling investors who are now preparing for a wave of defaults next year.
Gold recovers on global cues, uptick in wedding season demand
livemint.com - 9 Dec 2015 11:25
Gold of 99.9% and 99.5% purity rebounded by Rs65 each to Rs25,840 and Rs25,690 per 10 grams, respectively
Office Market Overhaul for Downtown L.A.
Wall Street Journal - 9 Dec 2015 05:43
The office market in downtown Los Angeles is undergoing a surge of investment, with developers in the process of overhauling more than one million square feet of tired warehouses and old office buildings in at least seve...
David Tepper Buys More TerraForm Power, Increases Pressure on Board
Forbes - 9 Dec 2015 01:27
David Tepper (Trades, Portfolio)’s Appaloosa Investment Limited Partnership added 200,000 shares to its holding of TerraForm Power (NASDAQ:TERP), raising its position in the company to 7.6 million, it disclosed Tuesday...
More Danger Lurks in the Energy Industry
Wall Street Journal - 9 Dec 2015 23:43
Energy's woes have been compounded by low natural-gas prices and near-capacity storage, weighing on a number of high-profile companies.
Prospect Capital is Oversold
Forbes - 9 Dec 2015 23:09
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — ...
Moody's Places Brazil on Review for Downgrade
Wall Street Journal - 9 Dec 2015 22:59
Moody's Investors Service placed Brazil's debt on review for downgrade on Wednesday, citing the country's rapidly worsening economic and political situation.
Corn Futures Pare Gains
Wall Street Journal - 9 Dec 2015 22:55
Corn prices barely finished higher Wednesday as government forecasters forecast bigger-than-expected supplies next year, citing soft overseas demand for the crop.
Investors Keep Faith in Southern European Bonds
Wall Street Journal - 9 Dec 2015 22:24
Investors are betting that the European Central Bank's massive money-printing effort will bridge fissures in the eurozone's fiscal landscape.
Oil marketers: will the outperformance stay?
livemint.com - 9 Dec 2015 21:58
Lower crude oil prices, diesel deregulation and a better refining margin environment are some of the factors that have helped
A two-speed global economy
livemint.com - 9 Dec 2015 21:55Noteworthy Wednesday Option Activity: WYNN, AAL, UA
Forbes - 9 Dec 2015 21:51
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Wynn Resorts Ltd (NASD: WYNN), where a total of 73,110 contracts have traded so far, representing approximately 7.3 ...
Wednesday Sector Laggards: Technology & Communications, Consumer Products
Forbes - 9 Dec 2015 21:50
In afternoon trading on Wednesday, Technology & Communications stocks are the worst performing sector, showing a 1.5% loss. Within that group, Electronic Arts, Inc. (NASD: EA) and Yahoo! Inc. (NASD: YHOO) are two of the ...
Wednesday Sector Leaders: Materials, Utilities
Forbes - 9 Dec 2015 21:47
Looking at the sectors faring best as of midday Wednesday, shares of Materials companies are outperforming other sectors, higher by 0.8%. Within that group, DuPont (NYSE: DD) and Dow Chemical Co. (NYSE: DOW) are two larg...
Netflix: Such a Thing as Too Much Information
Wall Street Journal - 9 Dec 2015 21:24
Netflix's investors may be better off not knowing how many people are watching its shows.
Shares of Indian IT companies fall on US proposal to curb H-1B visas
livemint.com - 9 Dec 2015 21:24
Barring TCS, shares of other IT giants reacts negatively
Broker's concrete support boosts SIG's share price
Telegraph - 9 Dec 2015 21:15
Shares in building supplies group SIG jump after Canaccord Genuity begins covering the stock with a buy rating
Yahoo's Portal to Nowhere
Wall Street Journal - 9 Dec 2015 21:01
A decision by Yahoo's board to abandon its planned spinoff of the company's Alibaba stake may have been its best option. But it doesn't remove the massive hurdles Yahoo faces.