Market News
Community Bankers Sound Off on Loan-Losses Accounting Plan
Wall Street Journal - 5 Feb 2016 01:44
A proposal from the Financial Accounting Standards Board would require firms to record loan losses more quickly and set aside more in reserves should loans go bad.
Why European Banks Keep Getting Clobbered
Wall Street Journal - 5 Feb 2016 15:44
After years of lackluster results, financial scandals, painful share sales, disruptive management changes, onerous regulations and strategic U-turns, many European bank investors are throwing in the towel.
Notable Friday Option Activity: GWRE, LYB, CAT
Forbes - 5 Feb 2016 22:49
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Guidewire Software Inc (NYSE: GWRE), where a total of 2,648 contracts have traded so far, representing approxim...
LinkedIn Share-Price Pain: A Chance for Gain
Wall Street Journal - 5 Feb 2016 22:06
Once richly valued to peers, LinkedIn's selloff makes it a more reasonable bet for investors.
To Really Understand Shareholder Value, Look At Return On Invested Capital
Forbes - 5 Feb 2016 22:04
Return on invested capital (ROIC) does a better job of explaining changes in shareholder value than any other metric, so why do investors, executives, and the financial media focus on reported earnings and other metrics ...
Portfolio Moves As U.S. Recession Signals Intensify
Forbes - 5 Feb 2016 21:59
Signs of recession are intensifying. The global economy is near or in recession, and we’re seeing that pressure begin to appear here in the U.S. It's important to be on “recession watch” because the stock marke...
Schism Atop World's Biggest Hedge Fund
Wall Street Journal - 5 Feb 2016 21:49
Bridgewater Associates founder Ray Dalio and his presumed heir apparent, Greg Jensen, have called for dueling votes about each other's conduct at the world's largest hedge fund, which manages $154 billion.
Expatriations Rose to Record in 2015
Wall Street Journal - 5 Feb 2016 21:45
A record number of people cut their official ties with the U.S. in 2015 by giving up their citizenship or turning in long-term green cards, according to an analysis of new data posted Friday by the Treasury Department.
Friday Sector Laggards: Technology & Communications, Energy
Forbes - 5 Feb 2016 21:33
In afternoon trading on Friday, Technology & Communications stocks are the worst performing sector, showing a 3.2% loss. Within that group, Salesforce.com Inc (NYSE: CRM) and Adobe Systems, Inc. (NASD: ADBE) are two larg...
Notable Friday Option Activity: ADBE, TRIP, FSLR
Forbes - 5 Feb 2016 21:24
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Adobe Systems, Inc. (NASD: ADBE), where a total volume of 17,765 contracts has been traded thus far today, ...
Daily Dividend Report: BMS, PEP, EL, DTE, APA, KLAC, CE, FLR, ITC
Forbes - 5 Feb 2016 21:09
Bemis Company (BMS) has approved a 4 percent increase in the quarterly cash dividend, increasing it to 29 cents per share compared to the previous quarterly dividend of 28 cents per share. The cash dividend is payable on...
Friday's ETF with Unusual Volume: FXU
Forbes - 5 Feb 2016 20:58
The First Trust Utilities AlphaDEX Fund ETF (FXU) is seeing unusually high volume in afternoon trading Friday, with over 6.9 million shares traded versus three month average volume of about 627,000. Shares of FXU were up...
Friday's ETF Movers: GDXJ, FDN
Forbes - 5 Feb 2016 20:57
In trading on Friday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Lake Shore Gold (LSG.CA), up about 9.8% ...
Comcast Posts Best Pay-TV Subs Performance In Nine Years As Content And High-Speed Internet Grow On
Forbes - 5 Feb 2016 20:54
Comcast released its 2015 fourth quarter and full year earnings report recently. The company lost 36,000 pay-TV subscribers during the year. However, this performance was an 82% Improvement from 2014, and the best yearly...
Friday Sector Leaders: Cigarettes & Tobacco, Precious Metals
Forbes - 5 Feb 2016 20:53
In trading on Friday, cigarettes & tobacco shares were relative leaders, up on the day by about 2.8%. Leading the group were shares of Alliance One International (AOI), up about 22.1% and shares of Universal Corporation ...
What To Expect From Viacom's Q1 FY 2016 Earnings Announcement?
Forbes - 5 Feb 2016 20:52
Viacom will report its fiscal Q1 2016 earnings on February 9th. (Fiscal years end with September.) What to we expect to learn? Below we will provide our thoughts in detail But first let us share key points in a direct ta...
Yelp Revenues To Increase But Profitability To Decline
Forbes - 5 Feb 2016 20:50
Yelp is set to release its Q4 2015 earnings on Monday, February 8th. Yelp’s stock continues to under-perform the broad market as it did in 2015. Although, the company continues to report good revenue growth, its perf...
What To Expect From Disney's Q1 FY 2016 Earnings?
Forbes - 5 Feb 2016 20:46
Disney will report its Q1 earnings for fiscal 2016 on February 9th. (The fiscal year ends with September.) What to we expect to learn? Below we will provide our thoughts in detail But first let us share key points in a d...
Sugar Smuggling Into China Stirs Market
Wall Street Journal - 5 Feb 2016 20:37
A poor sugar harvest this year, which has pushed up local prices, is creating an incentive for smugglers to flout China's import restrictions and bring cheaper supplies across the hard-to-police borders of Southeast Asia
January Jobs: Right Number at Wrong Time for the Fed
Wall Street Journal - 5 Feb 2016 20:20
There were positives and negatives in the January employment report, but the Federal Reserve isn't going to take any chances.
HSBC in $470 Million Settlement on Alleged U.S. Mortgage Abuses
Wall Street Journal - 5 Feb 2016 19:46
HSBC Holdings agreed to pay $470 million to settle federal and state allegations of abusive practices in its U.S. mortgage business.
The 370 mph 'bullet' fueled by batteries
CNN - 5 Feb 2016 19:35
World fastest electric car? Introducing the Venturi Buckeye Bullet 3, a 370 mph 'bullet' fueled by batteries.