Market News
Why China Shifted Its Strategy for the Yuan, and How It Backfired
Wall Street Journal - 7 Jan 2016 19:14
China's moves to guide the yuan lower have set off a free fall in the currency and global market reverberations as investors pile on the bets against the yuan--ultimately a no-win situation for Beijing.
Stocks Continue Rough 2016 as Crude Price Lowest in Over a Decade
Forbes - 7 Jan 2016 16:44
Different day, same drivers. Another stock rout in China and further depreciation for the price of oil are expected to drill U.S. stock averages at least initially on Thursday.
Stocks Slammed As China Worries Intensify
Forbes - 7 Jan 2016 16:39
It was a sea of red for stock markets around the globe on Thursday.
The Year that Was: Coca-Cola
Forbes - 7 Jan 2016 15:36
The U.S. alone forms ~45% of the net sales for the company, and with the CSD segment, which forms over 40% of the country?s non-alcoholic beverage market, estimated to have declined for eleven consecutive years now, orga...
A Main Street Guide To Navigating The 2016 Wall Street Meltdown
Forbes - 7 Jan 2016 23:43
Main Street didn't cause this global market rout and its pain may be contained to Wall Street. But here are six important data points for ordinary Americans to pay attention to.
The December Jobs Report: Why China Matters
Wall Street Journal - 7 Jan 2016 23:38
If Friday's jobs report shows a slowdown in hiring, it will likely be a blip rather than the beginning of a new trend.
Something Is Seriously Wrong With Our Federal Reserve
Forbes - 7 Jan 2016 23:20
Is the U.S. Federal Reserve whistling past the graveyard
China currency war fears wipe $2.6 trillion off global markets in four days
Telegraph - 7 Jan 2016 22:30
Equities suffer their worst start to a calendar year since the bursting of the dotcom bubble in 2000 as fears over China's exchange rate grow
Everything You Need To Know About The 2016 Stock Market Selloff
Forbes - 7 Jan 2016 22:27
Markets around the world are reeling in early 2016. These are the facts and figures you need to know about China, oil prices and the big stock selloff.
The markets are in turmoil but it's no time to panic
Telegraph - 7 Jan 2016 22:14
Stock markets might be falling and China might be in disarray but that doesn't mean a recession is on the cards in Britain
Daily Dividend Report: MET, PNC, STZ, SIG, WNR
Forbes - 7 Jan 2016 21:48
MetLife (MET) has declared a first quarter 2016 common stock dividend of $0.375 per share. The dividend will be payable on March 14, 2016, to shareholders of record as of Feb. 5, 2016.
Is Donald Trump's Rhetoric Hurting The U.S. Brand & Could It Hit American Jobs?
Forbes - 7 Jan 2016 21:40
Donald Trump’s rhetoric is “damaging brand U.S.A” internationally and could hit the American economy and jobs, the CEO of one of the world’s largest independent financial advisory organizations has warned. What m...
The worst is definitely over for corporate earnings: Samir Arora
livemint.com - 7 Jan 2016 21:39As yuan slides, India's trade gap with China may bloat further
livemint.com - 7 Jan 2016 21:26
The yuan slide may lead to currency wars as other Asian countries rush to devalue to protect their exports and improve their competitive advantage vis- -vis goods manufactured in China
AAII Sentiment Survey: Not Surprisingly, Pessimism Rebounds Strongly
Forbes - 7 Jan 2016 21:03
Pessimism about the short-term direction of stock prices rebounded strongly as neutral sentiment pulled back from a 13-year high in the latest AAII Sentiment Survey.
The froth in small-cap stocks
livemint.com - 7 Jan 2016 21:02
Returns have risen in categories with the lowest market capitalization, a clear sign of the froth in small-cap stocks
How Much Revenues Can CBS' Streaming Services Add In Next 5 Years?
Forbes - 7 Jan 2016 20:48
How Much Revenues Can CBS’ Streaming Services Add In Next 5 Years? In the Table below, we answer this question by computing the number of subscribers for each of CBS’s Streaming services. We multiply this number firs...
Is Amazon Banking On India For Growth?
Forbes - 7 Jan 2016 20:46
In December 2015, Amazon led a $23 million investment in India-based Housejoy, a start-up that offers on-demand home services such as home cleaning, plumbing, beauty, fitness, laundry and other such services. According t...
Economic Outlook: Global Weakness Will Likely Be A Drag On The U.S. Recovery In 2016
Forbes - 7 Jan 2016 20:44
The U.S. economy is likely to be in a similar shape this year as it was in the past year. Solid growth in the labor market and consumer spending will support further recovery, while exports will continue to be a drag. In...
Safe-haven demand drives Randgold Resources higher
Telegraph - 7 Jan 2016 20:13
On the day global markets faltered after China accelerated the deceleration of the yuan, gold touched nine-week highs
Thursday's ETF with Unusual Volume: URTH
Forbes - 7 Jan 2016 20:05
The iShares MSCI World ETF (URTH) is seeing unusually high volume in afternoon trading Thursday, with over 518,000 shares traded versus three month average volume of about 35,000. Shares of URTH were down about 1.7% on t...
Thursday's ETF Movers: GDX, XBI
Forbes - 7 Jan 2016 20:03
In trading on Thursday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of Centerra Gold (CG.CA), up about 10% and shares o...