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Market News

Location American Market News for 2 February 2016

UBS Profit Bolstered by Tax Benefits

Wall Street Journal - 2 Feb 2016 11:11
UBS said fourth-quarter net profit rose from a year earlier, helped by a tax benefit, which countered pressure on the Swiss bank's flagship wealth-management unit.
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Yahoo also posted quarterly results in line with analysts' expectations, reporting adjusted earnings of 13 cents per share.
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Steady Eddie Stocks For Turbulent Times

Forbes - 2 Feb 2016 23:01
These companies have proven they can do well in good times and bad and are still selling at reasonable prices.
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Gilead beats on earnings, revenue

CNBC - 2 Feb 2016 23:00
The California-based firm has been under fire as the entire biotechnology sector faces scrutiny over high drug prices.
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GoPro Stock: Can You Stomach This Action Shot?

Wall Street Journal - 2 Feb 2016 21:54
Bargain hunters shouldn't be tempted by GoPro's steep slide.
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Fed vs. the Dollar: Why Yellen Can't Win

Wall Street Journal - 2 Feb 2016 21:50
Heard on the Street: A vicious cycle that is sending the dollar higher and intensifying global strains will make it hard for the Federal Reserve to raise rates this year.
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Tuesday Sector Leaders: Utilities, Consumer Products Looking at the sectors faring best as of midday Tuesday, shares of Utilities companies are outperforming other sectors, losing just 0.1%. Within the sector, PG&E Corp. (NYSE: PCG) and Ameren Corp. (NYSE: AEE) are two lar...
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Where are real rates now?

livemint.com - 2 Feb 2016 21:36
Where are real rates now? While RBI kept rates unchanged, those who wanted those to be lowered can derive consolation from the fact that real interest rates have been coming down
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UB: the beer drought ends

livemint.com - 2 Feb 2016 21:25
UB: the beer drought ends UB's Ebitda rose by 50.8%, even after accounting for increases in expenses on salaries, promotions and other expenses
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Las Vegas Sands recently reported its Q4 2015 earnings, which came in line with the street estimates amid continued cost efficiencies. The company outperformed the overall Macau market, which saw a 27% drop in gross gami...
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Marathon Petroleum Named Top Dividend Stock With Insider Buying and 3.07% Yield (MPC) In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
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Top Buys by Top Brass: EVP, Strategy and M&A Modoff's $111.9K Bet on QCOM A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard...
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Hard drive manufacturer Western Digital reported its fiscal second quarter 2016 earnings on January 28, reporting a nearly 15% year-over-year decline in net revenues to $3.362 billion.  The company reported a similar r...
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Escorts: no traction in December quarter

livemint.com - 2 Feb 2016 21:04
Escorts: no traction in December quarter The performance is weaker than the Street estimates, which sent the stock lower by 3.12% on Tuesday
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General Motors is scheduled to announce its Q4 FY15 earnings on February 3rd. In the third quarter of FY15, the company reported earnings of $0.84 per share, a minor improvement over last year’s $0.81.  Rising sales o...
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Earnings Review: American Airlines' Earnings Surge With Lower Fuel Costs, Despite A Fall In Top Line American Airlines, the world’s largest airline by traffic, reported extraordinary earnings for 2015 on the back of depressed fuel costs, making it the best year in the history of the airline. The airline witnessed a no...
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The New York Times Company is set to report its fourth quarter earnings on Thursday, February 4th.  The company successfully increased its digital user base to over 1 million in 2015, causing circulation revenues to sta...
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The Year That Was: Jaguar Land Rover

Forbes - 2 Feb 2016 20:49
Most of Tata Motors‘ 2015 was disappointing, with volume sales of both the luxury division, Jaguar Land Rover, and the standalone business remaining below expectations. JLR forms over 90% of the company’s valuation, ...
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Roche's Stock May Have Been Down, But The Company's Business Has Strong Outlook Roche’s stock fell following its full year 2015 earnings announcement, but the fundamentals remain strong. Here’s what worked for Roche last year, and why the outlook remains bright.
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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
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Precious Metals Recap: Gold & Silver To Shine -- Capital Economics Despite oil's downward pressure on commodity prices since the start of the year, with Bloomberg's Commodity index falling to levels last seen in 1991, analysts from one U.K.-based research firm note that gold has managed...
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RBI's rate cuts did little to help markets

livemint.com - 2 Feb 2016 20:43
RBI's rate cuts did little to help markets Since January 2015, the Sensex has fallen by 10.77%; rate sensitive sectors, such as banks and real estate, have fallen even more
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