Market News
Global Stocks Sink on Fresh Growth Fears
Wall Street Journal - 21 Jan 2016 05:02
The Dow Jones Industrial Average pared losses to drop 249 points, while shares in Japan and the U.K. entered bear markets.
Markets' Panic Incongruent With Economic Reality---For Now
Wall Street Journal - 21 Jan 2016 05:04
Financial markets are in a panic over a sharp economic downturn that has yet to make an appearance--and may never, writes Greg Ip.
Most Asian Shares Gain, but China Slips
Wall Street Journal - 21 Jan 2016 04:58
Most Asian shares gained modestly Thursday, arresting a plunge in global markets overnight, though China's markets slipped.
Boeing to cut 747-8 production, take $569M charge
CNBC - 21 Jan 2016 23:31
Boeing announced it will take a $569 million after-tax charge in its fourth-quarter results as it scales back the production rate of its 747-8 jet.
AmEx profits, revenue exceed analyst estimates
CNBC - 21 Jan 2016 23:06
Earnings per share, excluding certain items, came in at $1.23 on $8.39 billion in revenue.
Starbucks earnings beat but shares fall
CNBC - 21 Jan 2016 23:04
The coffee giant posted first-quarter fiscal 2016 earnings of 46 cents per share on $5.37 billion in sales.
Oil Spells Disaster For Many Investors
Forbes - 21 Jan 2016 22:54
Crude oil is the world’s most actively traded commodity. Oil and its derivatives such as gasoline and heating oil are critical to almost every facet of the global economy. While plunging oil prices make consumers happy...
6 Reasons Why This Market Selloff Is Overdone
Forbes - 21 Jan 2016 21:53
Markets in 2016 are off to a terrible start but investors shouldn't panic. Here's why.
Four Reasons Why Return On Equity Is Not Useful For Stock Analysis
Forbes - 21 Jan 2016 21:45
Recently, I ran through the various flaws in the price to earnings ratio and explained why investors need to be paying more attention to return on invested capital (ROIC). This week, I tackle another of the market’s fa...
For Idea, data proving to be a drag, not a money-spinner
livemint.com - 21 Jan 2016 21:38Market Distress Boils Down to CORE (China, Oil, Recession fears, and Earnings slowdown)
Forbes - 21 Jan 2016 21:37
On Wednesday morning hours before the market open, futures were already telling a discouraging story. Tagged on to the nearly 400-point drop of last Friday, and the 1,000-point drop that the market opened within the fi...
Hindustan Zinc to cut costs, output as falling prices singe margins
livemint.com - 21 Jan 2016 21:34
The combination of falling realizations and higher costs contributed to its zinc and lead segments' profit declining by 41% on a sequential basis
Thursday Sector Leaders: Energy, Materials
Forbes - 21 Jan 2016 21:34
The best performing sector as of midday Thursday is the Energy sector, higher by 4.3%. Within that group, Range Resources Corp (NYSE: RRC) and Kinder Morgan Inc. (NYSE: KMI) are two of the day's stand-outs, showing a gai...
Maybe Gold Bottoms In 2016 On Low Mine Supply - Ira Epstein
Forbes - 21 Jan 2016 21:28
Although there is hope for gold in the near-term, one market professional still sees the potential for lower prices as seasonal factors start to wear off.
Decent results fail to enthuse Exide investors
livemint.com - 21 Jan 2016 21:16
Net revenue came in a tad lower than expectation at `1,524.7 crore, about 2% lower year-on-year
Three Ways To Profit From The Resurgence In U.S. Defense And Space-Related Spending
Forbes - 21 Jan 2016 21:07
Since peaking at $691 billion in 2010, or 6% of U.S. GDP, the U.S. Department of Defense (DoD)’s annual budget (which makes up about 40% of the world’s military spending) has fallen by nearly 20%. Last year, U.S. def...
Sensex, rupee turn back the clock on Modi, Rajan
livemint.com - 21 Jan 2016 21:06
Rupee is trading at its weakest level since Raghuram Rajan assumed office as RBI governor; Sensex is at its lowest since Narendra Modi was sworn in as prime minister
Production ramp-up, favourable base perk up Deepak Fertilisers
livemint.com - 21 Jan 2016 20:51
The sharp drop in global ammonia prices, feedstock for chemicals and fertilizer production, made domestic production of chemicals more profitable
Bond King Identifies Worst High Yield Investment Today
Forbes - 21 Jan 2016 02:37
There’s a new bond king in town – and he’s warning investors about a high yield darling that’s really a backdoor energy trap.
What Factors Can Drive Growth For Viacom's Cable Networks?
Forbes - 21 Jan 2016 20:49
Viacom's cable networks - which include MTV and Nickelodeon, among others - are of key importance and account for more than 90% of the company's value, according to our estimates. The cable networks have seen steady reve...
F5 Reports A Strong Q1 Despite Global Macroeconomic Issues
Forbes - 21 Jan 2016 20:47
Leading application delivery networks provider F5 Networks reported its Q1 2016 earnings on January 20th. (Fiscal Years end with September.) Although the company's topline declined by 5% sequentially due to the seasonal ...
Ericsson Plans To Bolster Its Broadcast & Media Unit With FYI Acquisition
Forbes - 21 Jan 2016 20:45
With this acquisition, Ericsson plans to leverage FYI's expertise in content distribution and data scheduling for over 9,000 TV networks to bolster its Line Broadcast & Media Services - which is a part of its Global Serv...