Market News
1987 All Over Again?
Forbes - 15 Jan 2016 23:02
1987 All Over Again? The action over the past few weeks on Wall Street reminds me of what has happening before Black Monday in 1987. In 1987, stocks topped out in August and crashed in October. This time around stocks to...
Exporters Facing Opportunity With Consumer Spending In Emerging Markets
Forbes - 15 Jan 2016 22:25
As emerging markets’ growth has slowed, many consumer companies have started to look back to developed economies for growth. The U.S. is a particular bright spot: Consumers, who drive three-quarters of output in the ...
Hindustan Unilever running hard to stand still
livemint.com - 15 Jan 2016 22:13U.S. Bank Stocks Fall, Baffling Some
Wall Street Journal - 15 Jan 2016 22:07
U.S. recession fears rattled financial stocks anew Friday even as a generally strong bank-earnings season continued, baffling some executives who said they see few signs of worry for the U.S. economy.
Why Big Banks Are Being Treated Like Penny Stocks
Wall Street Journal - 15 Jan 2016 21:46
Shares of the biggest banks are crashing even though banks aren't in the kind of trouble that would warrant such sharp falls.
Friday Sector Leaders: Services, Consumer Products
Forbes - 15 Jan 2016 21:37
Looking at the sectors faring best as of midday Friday, shares of Services companies are outperforming other sectors, losing just 1.3%. Within that group, Wynn Resorts Ltd (NASD: WYNN) and Chipotle Mexican Grill Inc (NYS...
Friday Sector Laggards: Energy, Technology & Communications
Forbes - 15 Jan 2016 21:37
The worst performing sector as of midday Friday is the Energy sector, showing a 4.5% loss. Within that group, Marathon Oil Corp. (NYSE: MRO) and Transocean Ltd. (NYSE: RIG) are two large stocks that are lagging, showing ...
Everything You Need To Know About The 2016 Stock Market Selloff
Forbes - 15 Jan 2016 21:30
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 market mayhem isn't all doom and gloom
Telegraph - 15 Jan 2016 21:28
What the markets did yesterday or will do tomorrow has little bearing on investments laid down to pay for a pension in 10, 20 or 30 years' time
RBI fixes gold bonds issue price at `2,600 per gram
livemint.com - 15 Jan 2016 21:01
RBI's price was marginally higher than the prevailing price of bullion in the market on Friday
Daily Dividend Report: BLK, O, FAST, OHI, KALU, C, CL, DFS, PAYX
Forbes - 15 Jan 2016 21:01
BlackRock (BLK) announced a 5% increase in the quarterly cash dividend to $2.29 per share of common stock, payable March 23, 2016, to shareholders of record at the close of business on March 7, 2016.
How Does Unilever's EBITDA Margins Compare With Its Peers?
Forbes - 15 Jan 2016 20:54
How Does Unilever's EBITDA Margins Compare With Its Peers? Despite being the second largest CPG company in the world, Unilever’s EBITDA margin lags behind its peers.
Why Did Ctrip Invest In India's Biggest OTA, MakeMyTrip?
Forbes - 15 Jan 2016 20:52
Post the investment, Ctrip would have the rights to appoint a director to MakeMyTrip's board of directors. (Read Press Release.) Ctrip's interest in India might be because of the similarities in the travel scenario in bo...
Friday's ETF Movers: GDX, XOP
Forbes - 15 Jan 2016 20:49
In trading on Friday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Detour Gold (DGC.CA), up about 7.6% and shares o...
Friday Sector Laggards: Shipping, Oil & Gas Exploration & Production Stocks
Forbes - 15 Jan 2016 20:48
In trading on Friday, shipping shares were relative laggards, down on the day by about 7%. Helping drag down the group were shares of CAI International (CAI), off about 18.6% and shares of Textainer Group Holdings (TGH) ...
Strong Q4 Retail Banking Performance Helps JPMorgan Post Record Results For 2015
Forbes - 15 Jan 2016 20:48
Another important factor behind JPMorgan's earnings beat was the sharp increase in net interest income. Although the benefits from the Fed's rate hike in late December will only reflect fully across JPMorgan's businesses...
Friday Sector Leaders: Precious Metals, Department Stores
Forbes - 15 Jan 2016 20:47
In trading on Friday, precious metals shares were relative leaders, down on the day by about 1.2%. Leading the group were shares of Harmony Gold Mining (HMY), up about 6.4% and shares of Great Panther Silver (GPL) up abo...
Intel's Q4'15 Earnings Review: Growth To Re-Accelerate in 2016
Forbes - 15 Jan 2016 20:46
Leading PC processor manufacturer, Intel reported its Q4 2015 and full year 2015 earnings on January 19th. Earnings were consistent with company expectations, as the significant decline in PCs was offset by strong growth...
Fed Almost Certain to Keep Rates Steady at Next Meeting
Wall Street Journal - 15 Jan 2016 20:35
Fed officials, facing an economic jumble as 2016 begins, will almost certainly keep rates steady at a policy meeting this month and turn their focus toward a potential cliffhanger decision about whether to lift them when...
Notable Friday Option Activity: QCOM, NFLX, WYNN
Forbes - 15 Jan 2016 20:28
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Qualcomm, Inc. (NASD: QCOM), where a total volume of 122,942 contracts has been traded thus far today, a co...
The Shift to Cashless Payments: China Leads the Way
Forbes - 15 Jan 2016 20:21
The global shift to cashless consumer payments has started and will accelerate over the next three to five years. Unlike nearly all major demand shifts of the last century, this one will move from East to West. China ...
Manage Your Portfolio In Today's Rout; Sell F, TWTR, BRK.A; Buy Du Pont Pfds; Write Calls on XOM
Forbes - 15 Jan 2016 20:15
What to do right now? In the midst of a 500 point drop in the DJIA and the major indexes falling through their late-August "Flash Crash" levels I have seen several articles today advising investors to "do nothing." Tha...