Market News
Asian Shares Rise, Taking Cues From China
Wall Street Journal - 13 Jan 2016 04:57
Shares in Asia rose Wednesday as investors took comfort in a rebounding Chinese stock market and a more stable yuan. China also reported exports rose 2.3% rise in December in yuan terms, after a decline in November.
This Market Stinks: Something GM And Activist Hedge Funds Can Agree On
Forbes - 13 Jan 2016 23:43
Even when companies have performed and leverage hasn't gone to an extreme, their shares are being priced as if profits are on the verge of collapsing.
Top Oil Players Enjoy Strong Demand for Stock Offerings
Wall Street Journal - 13 Jan 2016 23:35
In the first two weeks of 2016, two energy producers launched public stock offerings that were met with strong investor demand, even as shares of oil-and-gas companies, including their own, tumbled.
Why MetLife's Policy Doesn't Fit Big Banks
Wall Street Journal - 13 Jan 2016 22:58
Big banks may not be quick to follow MetLife's plan to break itself out of stricter regulation.
Stumbling Stocks Threaten Test Of Summer Lows As Energy Rout Rolls On
Forbes - 13 Jan 2016 22:27
The flailing energy sector was home to the worst losses once again Wednesday.
US economic growth hampered by dollar, energy prices: Fed
livemint.com - 13 Jan 2016 22:12
US economic activity expanded in nine of the country's 12 districts, the Fed says
Investors Snub Money Managers for Market Clones
Wall Street Journal - 13 Jan 2016 22:00
Clients yanked $207.3 billion from actively managed mutual funds while shifting $413.8 billion into passively managed funds that mimic indexes for a fraction of the cost, according to Morningstar.
Qualcomm: Why a Different Sort of Deal Adds Up
Wall Street Journal - 13 Jan 2016 21:46
A joint venture by chip maker Qualcomm is a wiser way to boost its smartphone business
US stocks reject global equities rally as oil advance falter
livemint.com - 13 Jan 2016 21:41
There was no specific news to send the market down, but equity traders, burdened with negative sentiment, started selling off due to the lack of enough news to make it go higher
Wednesday Sector Leaders: Utilities, Consumer Products
Forbes - 13 Jan 2016 21:33
In afternoon trading on Wednesday, Utilities stocks are the best performing sector, higher by 0.6%. Within the sector, Sempra Energy (NYSE: SRE) and Consolidated Edison, Inc. (NYSE: ED) are two of the day's stand-outs, s...
Anheuser-Busch InBev Bonds Are on Tap
Wall Street Journal - 13 Jan 2016 21:07
Investors are drinking up Anheuser-Busch InBev NV's massive bond offering. The brewing giant Wednesday received more than $100 billion in orders, more than enough to complete the roughly $30 billion the company was seeki...
Finally, earnings growth; but no one's impressed
livemint.com - 13 Jan 2016 20:53
Overall earnings numbers are likely to soon start looking pleasant after several quarters of weak performance, but investors are unlikely to be impressed
Gold Ends Firmer On Bargain Hunting, Short Covering
Forbes - 13 Jan 2016 20:52
Gold prices at mid-morning moved up from moderate overnight losses to trade modestly higher, where they ended the U.S. day session.
Lower oil prices and the fiscal pain for oil producers
livemint.com - 13 Jan 2016 20:45
The price of Brent crude has already fallen by 15.6% to $31.5 per barrel in 2016, making a nightmarish backdrop for oil producing nations
China Unicom And Telecom Deepen Cooperation With 4G Resource Sharing Agreement
Forbes - 13 Jan 2016 20:43
China Unicom and China Telecom, the smaller two Chinese wireless carriers, signed a multi-pronged strategic agreement to share resources, enabling them to cut costs and better compete with larger and better capitalized r...
Netflix Is Now Global: But Is China's Market Key For Its International Success?
Forbes - 13 Jan 2016 20:41
Although the company continues to explore its options for providing the service in China, it went live in more than 130 countries on January 6, 2016, in addition to the 60 countries where it previously operated. The comp...
FedEx Receives The Much Awaited EC Approval
Forbes - 13 Jan 2016 20:39
This deal is very important for FedEx as it will enable the company to really expand its network in Europe. Currently, DHL and UPS lead the standing table with the highest market shares of 19% and 16%, respectively. Howe...
The Year That Was: Volkswagen
Forbes - 13 Jan 2016 20:37
The German giant had a good 2014, where vehicle deliveries to customers surpassed the elusive 10 million mark. However, sales volume declined 2% year-over-year in 2015, as slowing sales in China, hurt by the tepid econom...
Pharma Stocks Are Down But There Is Still Value To Be Unlocked
Forbes - 13 Jan 2016 20:35
Pharma Stocks Are Down But There Is Still Value To Be Unlocked. Consider the following: Big pharma stocks were down 4%-9% in the first 7 trading days of 2016 Temporary dip due to S&P 500 falling by ~7% due to China’s e...
Pound Suffers as BOE Rate-Rise Expectations Recede
Wall Street Journal - 13 Jan 2016 20:30
The British pound tumbled to a 5½-year low this week, as concerns about China help push back expectations of a long-anticipated interest rate rise in the U.K.
U.S. Exports First Freely Traded Oil in 40 Years
Wall Street Journal - 13 Jan 2016 03:18
Two tankers filled with freely traded U.S. oil have pulled out of Texas ports in the past two weeks, with more shipments expected.
Why GM May Still Be Stuck in Neutral
Wall Street Journal - 13 Jan 2016 20:21
GM's increased earnings guidance gave the shares a lift, but investors will need more to make it last.