Market News
End of an Era: England Closes Its Last Deep-Pit Coal Mine
Wall Street Journal - 14 Dec 2015 05:40
The last deep-pit coal mine in the U.K. plans to shut its doors next week, heralding the end of a centuries-old industry that helped fuel the industrial revolution and build the British Empire.
Oil Prices Under Pressure; WTI Falls Below $35
Wall Street Journal - 14 Dec 2015 14:07
U.S. benchmark West Texas Intermediate fell below $35 a barrel as last week's bearish sentiment continues to blight the oil markets.
Asian Shares Tumble on Oil, Junk-Bond Worries
Wall Street Journal - 14 Dec 2015 06:57
Asian markets fell early Monday amid sharpening worries about the stability of the junk-bond market and tumbling oil prices.
The Liquidity Trap That's Spooking Bond Funds
Wall Street Journal - 14 Dec 2015 05:29
Regulators have long worried about the theoretical risk that bond funds holding illiquid assets could be vulnerable to something like a bank run. Suddenly, that doesn't seem just theoretical.
Electronic Arts Can Still Feel the Force of Star Wars
Wall Street Journal - 14 Dec 2015 05:24
The Force hasn't exactly been with Electronic Arts since its launch of "Star Wars Battlefront." But, like the movie series it is based on, there is more to the story.
FTSE 100 hits three-year low as oil price bites
Telegraph - 14 Dec 2015 21:56
The value of the country's leading companies has fallen by more than 10pc over the last year amid a commodities rout
Daily Dividend Report: AES, CHH, MDT, RL, NHI, SHLM
Forbes - 14 Dec 2015 21:54
The AES Corporation (AES) approved a 10% increase in the Company's quarterly common stock dividend, from $0.10 per share to $0.11 per share, beginning in the first quarter of 2016.
First Solar's 2016 Guidance Belies Its Recent Strength
Forbes - 14 Dec 2015 21:38
First Solar, the largest U.S. solar manufacturer, provided relatively conservative guidance for 2016, projecting modest revenue growth (13% at the midpoint), flattish shipments (4% growth) and contracting gross margins (...
Can Chipotle Mexican Grill Recover From The E.Coli Outbreak Impact?
Forbes - 14 Dec 2015 21:36
Historically companies facing food poisoning outbreaks have recovered quickly without a long-term impact. In 1993 fast food restaurant Jack In The Box had a major E.coli outbreak in which four children died, and in the q...
Monday Sector Leaders: Consumer Products, Utilities
Forbes - 14 Dec 2015 21:32
Looking at the sectors faring best as of midday Monday, shares of Consumer Products companies are outperforming other sectors, not showing much of a loss. Within that group, Mattel Inc (NASD: MAT) and Kimberly-Clark Corp...
How Increasing Original Content Will Benefit Netflix In The Long Run
Forbes - 14 Dec 2015 21:32
At a UBS conference on December 7th, Netflix announced that it plans to have a total of 31 scripted shows by the end of 2016, which is double the 16 original shows the streaming service aired in 2015. In addition, the co...
Goldman Sachs sets off roller coaster day for Drax shares
Telegraph - 14 Dec 2015 21:23
The FTSE 100 slumps to three-year low, while mid-cap stock Drax is dragged into the red despite rating upgrade
Textron's Acquisitions Aren't As Profitable As You Might Think
Forbes - 14 Dec 2015 21:17
As revenues began to decline, Textron acquired Beechcraft in mid 2014, which helped prop up 2014 results, in the form of another year of EPS growth. However, this acquisition has left the company less profitable and more...
Monday's ETF Movers: ECON, GDX
Forbes - 14 Dec 2015 21:11
In trading on Monday, the EGShares Dow Jones Emerging Markets Consumer Titans 30 ETF (ECON) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Vi...
Monday Sector Laggards: Precious Metals, Rental, Leasing, & Royalty Stocks
Forbes - 14 Dec 2015 21:09
In trading on Monday, precious metals shares were relative laggards, down on the day by about 5.3%. Helping drag down the group were shares of Platinum Group Metals (PLG), off about 16% and shares of Harmony Gold Minin...
Monday Sector Leaders: Education & Training Services, Cigarettes & Tobacco Stocks
Forbes - 14 Dec 2015 21:08
In trading on Monday, education & training services shares were relative leaders, up on the day by about 0.3%. Leading the group were shares of Barnes & Noble Education (BNED), up about 3.8% and shares of ATA (ATAI) up...
Gold Down, Silver Hits 6-Year Low, as Nymex Crude Drops Below $35.00
Forbes - 14 Dec 2015 20:57
Gold prices ended the U.S. day session lower Monday, as crude oil dropped to a nearly seven-year low below $35.00 a barrel in early trading, before rebounding. Silver prices dropped to a six-year low.
Disappointment in railway capex
livemint.com - 14 Dec 2015 20:55
Execution is yet to take off in a big way, with Plan expenditure till October-end only 7% higher than a year ago
Sugar: prices play supportive role, export commitment a concern
livemint.com - 14 Dec 2015 20:52Cheap oil forces sovereign funds to retreat
livemint.com - 14 Dec 2015 20:50
Over the past two decades, sovereign wealth fund assets have grown to as much as $7 trillion
S&P 500 Analyst Moves: C
Forbes - 14 Dec 2015 18:50
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Citigroup (C) is now the #68 analyst pick, moving up by 7 spots.
Dow Analyst Moves: JNJ
Forbes - 14 Dec 2015 18:49
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Johnson & Johnson (JNJ) is the #14 analyst pick. Johnson & Johnson also co...