Market News
Sebi keeps RBL Bank share sale in abeyance
livemint.com - 1 Feb 2016 22:12
Sebi keeps the share sale in abeyance due to past violation by RBL Bank
Daily Dividend Report: CINF, NP, COST, MON, MPC, WTR
Forbes - 1 Feb 2016 22:03
Cincinnati Financial Corporation (CINF) declared a 48-cents-per-share regular quarterly cash dividend, increasing from the previous 46-cents-per-share dividend paid on January 15, 2016. The dividend is payable April 15, ...
Monday's ETF with Unusual Volume: PTH
Forbes - 1 Feb 2016 21:51
The PowerShares DWA Healthcare Momentum Portfolio ETF (PTH) is seeing unusually high volume in afternoon trading Monday, with over 1.4 million shares traded versus three month average volume of about 41,000. Shares of PT...
Time For a Good Gold-to-Silver Ratio Play For Traders? - Peter Hug
Forbes - 1 Feb 2016 21:46
Is a major upside number for gold in the cards? Or is the choppy action making investors wary?
Monday's ETF Movers: GDXJ, XOP
Forbes - 1 Feb 2016 21:45
In trading on Monday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of McEwen Mining (MUX), up about 8.1% and s...
Monday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services
Forbes - 1 Feb 2016 21:44
In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 5.1%. Helping drag down the group were shares of Denbury Resources (DNR), off about 19.9% and shares of Cal...
Monday Sector Leaders: Precious Metals, Grocery & Drug Stores
Forbes - 1 Feb 2016 21:42
In trading on Monday, precious metals shares were relative leaders, up on the day by about 2.2%. Leading the group were shares of McEwen Mining (MUX), up about 8.1% and shares of Golden Star Resources (GSS) up about 7.1%...
Monday Sector Laggards: Energy, Financial
Forbes - 1 Feb 2016 21:39
Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 3.4% loss. Within that group, Kinder Morgan Inc. (NYSE: KMI) and Chesapeake Energy Corp. (N...
Monday Sector Leaders: Utilities, Services
Forbes - 1 Feb 2016 21:38
Looking at the sectors faring best as of midday Monday, shares of Utilities companies are outperforming other sectors, up 0.8%. Within that group, CenterPoint Energy, Inc (NYSE: CNP) and Duke Energy Corp (NYSE: DUK) are ...
ECB Bid to Revive Securitized Debt Market Falls Short
Wall Street Journal - 1 Feb 2016 21:19
A multibillion euro attempt by the European Central Bank to revive the market in securitized debt has fallen flat, highlighting the bank's struggle to boost stubbornly low levels of lending in the euro area.
Core sector growth much less in current fiscal year
livemint.com - 1 Feb 2016 21:02
Core sector growth is much lower, at 1.9%, in the first nine months of the current fiscal year, compared with the year-ago period
Dominion Gets A Great Deal But Questar's Board Should Have Gotten More
Forbes - 1 Feb 2016 21:01
Dominion Resources' all-cash bid to buy Questar Corporation for $25/share--a 22% premium over Friday's closing price--was the highlight of today's unusually quiet Merger Monday. M&A bankers may have been spooked by a tou...
UPS Earnings Preview: Holiday Season Sales, Operational Initiatives To Drive Growth
Forbes - 1 Feb 2016 20:59
UPS is set to announce its Q4 and full year earnings on Tuesday, February 2nd. 2015 was a busy year for the company, between a significant acquisition, a a 10-year deal with Cargojet operational improvement initiatives i...
2015 Earnings Review: JetBlue's Earnings More Than Double As Fuel Costs Remain Low
Forbes - 1 Feb 2016 20:57
JetBlue Airways’ (NASDAQ: JBLU) stock price traded 7% higher on Friday, after the airline posted stellar full year 2015 financial performance, backed by rapid capacity expansions and sustained decline in fuel costs dur...
Gold Up, Hits 3-Month High, As Bulls Continue To Gain Momentum
Forbes - 1 Feb 2016 20:56
Gold prices ended the U.S. day session higher and poked to a three-month high Monday.
Sirius XM Could Report Steady Subscriber Adds Yet Again
Forbes - 1 Feb 2016 20:56
We expect the satellite radio company Sirius XM to report another quarter of sturdy subscriber growth, when it comes out with its Q4 2015 earnings on February 2nd. Steady growth in new car sales and inroads into the u...
Yahoo Earnings Preview: With One Eye On Results, Investors Seek a Way Forward
Forbes - 1 Feb 2016 20:55
Yahoo! is set to report its fourth-quarter results on Tuesday, January 26th. The stock continues to under-perform the market, having declined by over 12% over last three months. In contrast, the NASDAQ composite index ...
Tech Mahindra: subdued revenues mask operational improvements in Q3
livemint.com - 1 Feb 2016 20:50Abbott's Deal for Alere Tests Positive
Wall Street Journal - 1 Feb 2016 20:08
Abbott's deal for Alere is a surprise, but modest valuation limits the risk.
Oil Prices Drop as Output Cut in Doubt
Wall Street Journal - 1 Feb 2016 19:07
Oil prices are falling Monday, giving back a big chunk of last week's gains as traders lose hope that the world's big producers will cut their output.
Fee Hike at British Golf Club Tees Off Revolt Among Members
Wall Street Journal - 1 Feb 2016 19:04
Several members of Wentworth Club, one of England's most exclusive golf and country clubs, are furious with their Chinese owners for hiking fees and slashing membership.
Banks' Cost-Cutting Efforts Crimp New Hires
Wall Street Journal - 1 Feb 2016 18:59
When Barclays hired a new chief risk officer last week, Chief Executive Jes Staley had to override a firm-wide ban on adding new staff to the payroll. HSBC has also imposed a hiring freeze.