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Market News

Location American Market News for 28 January 2016

India Invents the 10-Second Loan

Wall Street Journal - 28 Jan 2016 08:03
To win business with consumers, India's banks are streamlining loan-application procedures and cutting waiting times.
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Thanks Star Wars: Electronic Arts Beats Quarterly Profit Estimates As expected, Star Wars mania is proving to be a real boon for Electronic Arts.
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Amgen boosted guidance after it beat on fourth-quarter earnings, helped by sales of its rheumatoid arthritis drug Enbrel.
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Microsoft results top expectations

CNBC - 28 Jan 2016 23:06
Microsoft reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
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The Internet retail giant's shares slid after it reported earnings of $1 per share on $35.75 billion in sales.
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Noteworthy Thursday Option Activity: DATA, PANW, GILD Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Tableau Software, Inc. (NYSE: DATA), where a total of 5,066 contracts have traded so far, representing approxim...
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Indian debt capital markets require serious overhauling: Priyanka Pradhan The Silverdale Capital investment analyst on the factors that will keep the Indian economy robust in 2016
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Why Exxon Is the Get-Rich-Slow Oil Play

Wall Street Journal - 28 Jan 2016 21:49
Value hunters picking through the oil-industry rubble may do better with Exxon Mobil. It has a proven ability to take advantage of bad times for the industry.
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Sebi seeks explanation from NCDEX on castor seed matter Castor seed futures trading was suspended by NCDEX with immediate effect on Wednesday evening
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Dabur India has several fires to fight

livemint.com - 28 Jan 2016 21:42
Dabur India has several fires to fight Dabur India is the latest addition to a growing list of packaged consumer goods companies reporting low sales growth in the December quarter
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The Next Big Short Isn't Going To Come From Betting Against Subprime Auto Loans You won't become the next Christian Bale or Steve Carrell by shorting pools of securities containing auto loans, according to Citigroup's Mary E. Kane.
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ICICI Bank: bad loans spiral in December quarter

livemint.com - 28 Jan 2016 21:39
ICICI Bank: bad loans spiral in December quarter One reason why ICICI Bank trades at lower valuations to HDFC Bank is because investors haven't been quite confident about its bad loans position
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Thursday Sector Leaders: Energy, Utilities

Forbes - 28 Jan 2016 21:37
Thursday Sector Leaders: Energy, Utilities Looking at the sectors faring best as of midday Thursday, shares of Energy companies are outperforming other sectors, up 2.8%. Within that group, Devon Energy Corp. (NYSE: DVN) and Hess Corp (NYSE: HES) are two large sto...
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Bad Loans Still Plague Italian Banks

Wall Street Journal - 28 Jan 2016 21:31
Even amid the general selloff in European stocks, Italian banks have been particularly terrible performers, and they are likely to keep struggling without any meaningful economic growth.
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It's 2 p.m., Time for Chinese Stocks to Fall

Wall Street Journal - 28 Jan 2016 21:25
Chinese stocks have been moving sharply in the final hour of trading, like they did last summer when the "national team" of state funds often bought shares to boost the market. But this time shares are usually falling af...
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Noteworthy Thursday Option Activity: RCL, SWKS, MSFT Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Royal Caribbean Cruises Ltd. (NYSE: RCL), where a total volume of 20,465 contracts has been traded thus far...
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Norfolk Southern's Q4 2015 Earnings Review: Top Line Headwinds Adversely Impact Results Norfolk Southern announced its fourth quarter results and conducted a conference call with analysts on January 27.  As expected, a decline in shipment volumes, particularly coal shipments, and lower fuel surcharge reve...
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Chevron is scheduled to announce its 2015 fourth-quarter earnings on January 29th.  We expect lower crude oil prices to weigh significantly on the company’s revenues and earnings. Benchmark crude oil prices were down ...
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American Airlines Shares Are Too Low

Wall Street Journal - 28 Jan 2016 21:07
American Airlines is flying high, but its stock has fallen too far ahead of quarterly results
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Boeing announced its fourth quarter earnings on Wednesday, January 27th. Revenue and earnings for the quarter beat analyst estimates but fell a bit short of the prior year. This was primarily because Boeing incurred a ch...
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Key Takeaways From AT&T's Q4 Results

Forbes - 28 Jan 2016 21:04
AT&T published its Q4 2015 results on January 26, meeting market expectations on earnings but missing estimates on revenues. The company’s bread and butter wireless business had a mixed quarter, posting lower revenues ...
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Finding Value And Yield In A Market That Does Not Look Cheap High U.S. equity valuations and low interest across the yield curve point to lower growth potential in these core assets over the next decade. While these assets have driven portfolio growth over the long-term, investors...
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