Market News
Investors Cast Wary Eye on Fed Rate Increases
Wall Street Journal - 4 Feb 2016 04:49
The shift in sentiment by investors was evident in a broad decline in the dollar on Wednesday and in the sharp drop this year in U.S. Treasury yields.
Agents Raid Former Insurance Magnate's Offices
Wall Street Journal - 4 Feb 2016 23:35
Federal investigators recently searched the Manhattan offices of an investment firm once headed by young insurance magnate Alexander Chatfield Burns, whose empire collapsed in 2014 amid allegations that millions of dolla...
News Corp revenue falls for 4th straight quarter
CNBC - 4 Feb 2016 23:08
News Corp. reported mixed results, posting fiscal second-quarter earnings of 20 cents per share on $2.16 billion in revenue.
Why the Fed Can't Save Markets Right Now
Wall Street Journal - 4 Feb 2016 21:59
The Federal Reserve could clear the air by taking a March rate increase completely off the table. But that is easier said than done.
Noteworthy Thursday Option Activity: FDX, YUM, TWC
Forbes - 4 Feb 2016 21:54
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in FedEx Corp (NYSE: FDX), where a total of 11,817 contracts have traded so far, representing approximately 1.2 million...
Big Oil Dilemma: Dividends or Ratings
Wall Street Journal - 4 Feb 2016 23:07
Top energy companies have a tough decision to make amid cheap oil: Do they keep their coveted investment grade credit ratings or maintain century-old practices of paying shareholders annual dividends worth billions?
Eli Lilly Enters Oversold Territory
Forbes - 4 Feb 2016 23:00
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — ...
Viacom and CBS: What Really Changes?
Wall Street Journal - 4 Feb 2016 22:42
The divergent performance of Viacom and CBS mean the former's new chairman has more to prove.
Noteworthy Thursday Option Activity: CREE, IBM, MRVL
Forbes - 4 Feb 2016 22:32
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Cree, Inc. (NASD: CREE), where a total of 8,515 contracts have traded so far, representing approximately 851,50...
Thursday Sector Laggards: Consumer Products, Healthcare
Forbes - 4 Feb 2016 21:54
Looking at the sectors faring worst as of midday Thursday, shares of Consumer Products companies are underperforming other sectors, showing a 0.8% loss. Within that group, Ralph Lauren Corp (NYSE: RL) and Monster Beverag...
Thursday Sector Leaders: Materials, Industrial
Forbes - 4 Feb 2016 21:53
The best performing sector as of midday Thursday is the Materials sector, higher by 2.6%. Within the sector, Freeport-McMoran Copper & Gold (NYSE: FCX) and Alcoa, Inc. (NYSE: AA) are two large stocks leading the way, sho...
ABB India raises profit in a sluggish market
livemint.com - 4 Feb 2016 21:42
ABB India's margins have doubled in the last three years, from a nadir of 5.3% in the quarter ended December 2012
Bajaj Auto sustains profit margins amid export challenges
livemint.com - 4 Feb 2016 21:28
Bajaj Auto's steady growth in the commercial segment, where it commands a leadership position, not only added to sales numbers, but aided profitability as well.
Facebook And The Tech Stock Takeover: From A Newborn To $300 Billion In 12 Years
Forbes - 4 Feb 2016 21:22
Facebook's ascendance over the last dozen years is part of a broader trend: the tech sector taking the lead among the world's most valuable companies.
Tata Steel: The ball is in the govt's court
livemint.com - 4 Feb 2016 21:18
Since expenses declined less than sales did, operating profit fell by 57.6% sequentially to `776 crore
Roomba Maker iRobot Dumps Messy Defense Business
Forbes - 4 Feb 2016 21:02
In a more peaceful world, vacuums are a better business than army robots.
Shriram Transport Finance: bad loans keep rising
livemint.com - 4 Feb 2016 21:01
Stand-alone net profit grew 20% year-on-year to `375 crore. Net interest margins expanded to 7.5%, helped by lower cost of funds and better management of treasury
Ford Motors Will Exit Indonesian and Japanese Markets, With Negligible Impact
Forbes - 4 Feb 2016 20:56
Ford Motors announced recently that it will close down its operations in Japan and Indonesia this year. Having struggled in these markets for minimal market share, the company see slight prospect for future profitabilit...
ADP Earnings: Top Line Growth From HCM Demand, New Bookings
Forbes - 4 Feb 2016 20:54
ADP announced its results for its fiscal second quarter on Wednesday, February 3, reporting 6% annual growth in net revenues to $2.8 billion. The trend is consistent with the 6-7% annual growth in revenues through FY�...
Table Service And Gourmet Burgers: Will This Transformation Really Help McDonald's?
Forbes - 4 Feb 2016 20:52
McDonald’s announced recently that it will roll out table service at its 400 revamped restaurants across the U.K. by the end of 2016, after a successful trial last year. The company also plans to double the number of l...
Dow Q4 Earnings: Higher Margins Offset Revenue Decline, Management Confident Of Dow-Dupont Synergies
Forbes - 4 Feb 2016 20:50
The Dow Chemical Company released its 2015 fourth quarter and full year earnings report recently. Dow management spoke briefly about the proposed merger with DuPont , stating that the companies’ estimates of $3 billion...
Earnings Preview: Strong U.S. Sales, Weak Yen Should Boost Toyota's Bottomline
Forbes - 4 Feb 2016 20:48
Toyota Motors is set to report financial results for the third quarter of fiscal 2016 on Thursday, February 5th. The Japanese auto maker had a strong 2015, retaining its position as the global leader of the auto indust...