Market News
U.S. Stocks Edge Higher as Oil Pares Losses
Wall Street Journal - 10 Dec 2015 17:05
U.S. stocks rebounded Thursday as oil prices pared losses and energy-share prices gained.
Mr. Market To The Fed: Please Don't Raise Rates
Forbes - 10 Dec 2015 16:22
The Federal Reserve is faced with a serious conundrum with respect to raising rates at their meeting next week (Dec 15-16) and Mr. Market does not want them to raise rates (see below). On one hand, they backed themselves...
Berkshire Hathaway Takes 8% Stake In Sears' Real Estate Spin Seritage Growth Properties
Forbes - 10 Dec 2015 16:14
Berkshire Hathaway has taken a 8% stake in Seritage Growth Properties, a collection of real estate 235 real estate properties recently spun off from struggling retailer Sears. T
Banks Soften Expectations of Euro-Dollar Parity
Wall Street Journal - 10 Dec 2015 16:48
Investment banks are abandoning predictions that the euro is on a speedy decline to parity with the dollar, softening their views after the ECB failed to deliver the sort of stimulus that was expected to push the currenc...
Fed Approves Bank of America's Resubmitted Stress Test
Wall Street Journal - 10 Dec 2015 16:46
The Federal Reserve has approved Bank of America's resubmitted stress test, giving the bank the green light to continue paying a 5-cent quarterly dividend and buy back shares.
Energy Company Assets on the Block as Oil Plunge Bites
Wall Street Journal - 10 Dec 2015 15:55
During past oil market slumps, energy companies went on M&A sprees to consolidate, but this time, they are turning to decidedly less sexy deals: selling pipelines and storage tanks to raise money.
Non-Carbonated Beverages Spearhead Growth For PepsiCo's North America Business
Forbes - 10 Dec 2015 15:36
While PepsiCo's snack offerings are considered the main drivers of the company's organic volume sales growth, beverages are considered the slackers. The foods division, including the likes of Frito-Lay and Quaker Foods, ...
As Fed Sets Pace on Rate Increases, Watch Inflation
Wall Street Journal - 10 Dec 2015 23:28
The inflation conundrum should give the Fed pause as it weighs the pace of future rate hikes in 2016 and perhaps beyond.
Bank of America: Why the Stress-Test Bar Will Go Higher
Wall Street Journal - 10 Dec 2015 23:24
The Fed cleared BofA's resubmitted capital plan. But the lender and other big banks will remain under stress.
Allegiant's Business Strength Could Send Shares Soaring
Forbes - 10 Dec 2015 22:28
The search for quality stocks only gets harder as companies use a growing array of tricks to deceive investors. Our research has always focused on cutting through the noise. We focus on gathering quantifiable facts to id...
Money supply growth indicates lots of easing
livemint.com - 10 Dec 2015 22:19
Money supply surpasses nominal GDP growth for the fourth straight quarter
CESC's IPL team purchase irks investors
livemint.com - 10 Dec 2015 22:06
CESC has offered to pay the cricket board Rs16 crore a year for the franchise
Petronet LNG: positive news flow buoys shares
livemint.com - 10 Dec 2015 21:59
Reports said RasGas will waive the penalty Petronet LNG would have had to pay for buying less than it contracted this year, which has been a key overhang for the stock for some time
Why Ciena's Cloud Has a Silver Lining
Wall Street Journal - 10 Dec 2015 21:40
Ciena paid the price for a poor outlook, but investors may be overreacting to a stumble.
Thursday Sector Laggards: Utilities, Consumer Products
Forbes - 10 Dec 2015 21:34
The worst performing sector as of midday Thursday is the Utilities sector, showing a 1.2% loss. Within that group, Entergy Corp. (NYSE: ETR) and Eversource Energy (NYSE: ES) are two of the day's laggards, showing a loss ...
Thursday Sector Leaders: Energy, Healthcare
Forbes - 10 Dec 2015 21:33
In afternoon trading on Thursday, Energy stocks are the best performing sector, up 1.2%. Within the sector, Newfield Exploration Co. (NYSE: NFX) and Noble Energy, Inc. (NYSE: NBL) are two large stocks leading the way, sh...
Healthcare IPOs get a thumbs up
livemint.com - 10 Dec 2015 21:26
IPOs of Alkem Laboratories and Dr Lal PathLabs heavily subscribed; positive investor sentiment could help share sale by Narayana Hrudayalaya that opens next week
RBI intervened in currency derivatives market in Sep
livemint.com - 10 Dec 2015 21:20
The move went largely unnoticed, though it gave rise to talk that RBI is making its presence felt beyond OTC markets
Mutual funds: Sebi may impose cap on upfront commissions
livemint.com - 10 Dec 2015 21:18
The Association of Mutual Funds had in April urged asset management companies to cap upfront commissions at 1%
Commodity stocks fared worst in 2015
livemint.com - 10 Dec 2015 21:17Bond traders seek shelter as Fed prepares to raise lending rates
livemint.com - 10 Dec 2015 20:51Freeport Announces Additional Measures To Combat Weak Commodity Pricing Environment
Forbes - 10 Dec 2015 20:42
The company has announced further reductions in capital spending for its oil and gas businesses, following on from previously announced reductions earlier in the year. Furthermore, the company has announced additional cu...