Market News
SEC Appeals Process on the Slow Track
Wall Street Journal - 22 Dec 2015 04:32
The regulator's use of its own tribunal has coincided with longer delays in the agency's handling of appeals, according to a Wall Street Journal analysis.
AzerbaijaniManat Buckles After Government Drops Dollar Peg
Wall Street Journal - 22 Dec 2015 07:01
The Azerbaijani manat lost half its value Monday, after the oil-producing nation's central bank scrapped the currency's peg to the dollar amid sharp declines in the price of crude.
50 Words in Earnings Reports that Mean a Plummeting Stock Price
Forbes - 22 Dec 2015 06:36
Words in earnings reports may impact stock prices as much as numbers according to research from Gerogia Tech
Former Morgan Stanley Broker Marsh Gets Probation
Wall Street Journal - 22 Dec 2015 22:02
A former Morgan Stanley financial adviser was sentenced to three years of probation for tapping illegally into the Wall Street firm's computer system and taking client information home with him, his lawyer said Tuesday.
Tuesday Sector Laggards: Utilities, Technology & Communications
Forbes - 22 Dec 2015 21:53
In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, up 0.2%. Within that group, NRG Energy Inc (NYSE: NRG) and Sempra Energy (NYSE: SRE) are two large stocks that are lagging, showing a los...
Tuesday Sector Leaders: Energy, Services
Forbes - 22 Dec 2015 21:52
Looking at the sectors faring best as of midday Tuesday, shares of Energy companies are outperforming other sectors, up 2.0%. Within that group, ONEOK Inc. (NYSE: OKE) and Helmerich & Payne, Inc. (NYSE: HP) are two of th...
Essar Oil's delisting offer gets stuck due to technical issues
livemint.com - 22 Dec 2015 21:22
Sebi looking into the matter, in consultations with the stock exchange and others
Murray Stahl Sees Momentum Bubble In Market Commentary
Forbes - 22 Dec 2015 21:20
Murray Stahl (Trades, Portfolio) of Horizon Kinetics just came out with another market commentary and calls a momentum bubble. It is the second in his series: Under The Hood. I have also discussed the first one on Gu...
Asia's Equity Capital Markets a Boon for Bankers in a Wild Year
Wall Street Journal - 22 Dec 2015 21:13
After a sizzling first half for Asia's bankers who handle IPOs and other share sales, even the Chinese stock-market plunge and IPO crunch didn't erase all the gains in this year's revenue, which is up 2.8% from last year...
The Record Merger Boom Won't Stop In 2016, Because Money Is Still Cheap
Forbes - 22 Dec 2015 21:08
Although 2016 may be a tough year if emerging market growth slows and the impact of a sharp rout in commodities further hits North America, few expect today's M&A boom to slow.
Impact Of GMCR's Acquisition By JAB Holding
Forbes - 22 Dec 2015 21:01
Despite repeated poor performance of all the major segments in the fiscal 2015 annual results released on November 18, 2015, the company's stock jumped from $40 to $51 over the next two weeks. Furthermore, when the news ...
Daily Dividend Report: HAFC, SCS, SFBS, HCKT, SKIS, WSCI
Forbes - 22 Dec 2015 20:58
Hanmi Financial Corporation (HAFC) declared a cash dividend on its common stock for the 2015 fourth quarter of $0.14 per share, up 27.3% from $0.11 per share in the prior quarter. The dividend will be paid on January 15,...
The risks for the current account
livemint.com - 22 Dec 2015 20:45
While the current account deficit for the July-September quarter, at 1.6% of GDP, is well within control, could higher growth lead to a sharp rise in the deficit?
R-Com investors may benefit if it merges with Aircel
livemint.com - 22 Dec 2015 20:40
It makes sense for investors to wait for more clarity rather than jumping to the conclusion that R-Com will end as a big winner at the end of these discussions
Motorola Solutions' Acquisitive Nature May Take It To Brazil
Forbes - 22 Dec 2015 20:40
Motorola Solutions has been eyeing the technological startup domain for a long time, which is evident from the fact that its venture capital arm has invested in close to 200 companies since its inception in early 2000?s....
Barrick Prepares For Sluggishness In Gold Prices As Fed Raises Interest Rates
Forbes - 22 Dec 2015 20:38
The Federal Reserve announced a 25 basis point increase in the target range for the federal funds rate last week, a step that was widely expected. Though the rate hike was expected, it is indicative of the Fed?s belief i...
Tuesday's ETF with Unusual Volume: FNI
Forbes - 22 Dec 2015 20:36
The First Trust ISE Chindia Index Fund ETF (FNI) is seeing unusually high volume in afternoon trading Tuesday, with over 252,000 shares traded versus three month average volume of about 26,000. Shares of FNI were up abou...
Is Western Digital's Stock Undervalued After The SanDisk Announcement?
Forbes - 22 Dec 2015 20:36
Hard drive manufacturer Western Digital has endured soft product sales in recent quarters, with a slow PC market weighing on the consumer IT market. For the first nine months of the year, Western Digital has faced a 26% ...
Tuesday's ETF Movers: OIH, XBI
Forbes - 22 Dec 2015 20:34
In trading on Tuesday, the Oil Services ETF (OIH) is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of Tidewater (TDW), up about 8% and shares of Nabor...
What Does 2016 Hold in Store for Unilever?
Forbes - 22 Dec 2015 20:34
The year 2016 is expected to be an eventful one for consumer processed goods behemoth Unilever. The company is in the midst of solidifying its premium personal care portfolio through small, tuck-in acquisitions that are ...
Tuesday Sector Laggards: Drugs, Diagnostics
Forbes - 22 Dec 2015 20:32
In trading on Tuesday, drugs shares were relative laggards, down on the day by about 1%. Helping drag down the group were shares of Bio-Path Holdings (BPTH), down about 12.4% and shares of Catabasis Pharmaceuticals (CATB...
Tuesday Sector Leaders: Oil & Gas Equipment & Services, Metals & Mining Stocks
Forbes - 22 Dec 2015 20:30
In trading on Tuesday, oil & gas equipment & services shares were relative leaders, up on the day by about 4.9%. Leading the group were shares of American Midstream Partners (AMID), up about 29.2% and shares of Enable Mi...