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Market News

Location American Market News for 8 February 2016
The 'Dogs Of The Dow' Are Outperforming The Index, Here's How Too Trade Them The "Dogs of the Dow" portfolio may be up just 0.1%, but they are outperforming the average.
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China's Forex Reserves Plunge to More-Than-Three-Year Low

Wall Street Journal - 8 Feb 2016 03:57
China's foreign-exchange reserves fell to the lowest level in more than three years in January, even as the central bank escalated a battle to defend the yuan and stanch the flow of capital leaving the country.
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The presumed heir apparent to Bridgewater Associates founder Ray Dalio is discussing giving up his job as co-chief executive of the world's biggest hedge fund, creating uncertainty about the future leadership of the firm...
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Statistical Known 'Known': How To Treat Data On India's Growth Outpacing China's Economists and statisticians have been chatting about India’s growth possibly outpacing that of China for months on end. Some even predicted it as early as 2014. That statistical known ‘known’ was finally confirmed...
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Disney Earnings: Why ESPN Has to Get Back in the Game

Wall Street Journal - 8 Feb 2016 23:07
In Disney's quarterly results, the cord-cutting phenomenon and its impact on ESPN will likely overshadow success from 'Star Wars: The Force Awakens.'
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Deutsche Bank Shares Drop as European Banks Get Pummeled

Wall Street Journal - 8 Feb 2016 23:05
Deutsche Bank's shares dropped sharply Monday, losing almost 10% of their value as the battered European banking sector came in for fresh punishment.
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Chesapeake Energy: The End Isn't So Near

Wall Street Journal - 8 Feb 2016 22:30
Chesapeake Energy is in survival mode, but investors have reacted with undue alarm to steps it has taken to stay afloat.
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Notable Monday Option Activity: GS, LVS, WYNN Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Goldman Sachs Group, Inc. (NYSE: GS), where a total volume of 23,859 contracts has been traded thus fa...
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Monday Sector Laggards: Materials, Energy

Forbes - 8 Feb 2016 22:14
Monday Sector Laggards: Materials, Energy The worst performing sector as of midday Monday is the Materials sector, showing a 4.7% loss. Within that group, CF Industries Holdings Inc (NYSE: CF) and Freeport-McMoran Copper & Gold (NYSE: FCX) are two large stocks t...
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Stocks Hammered: Energy Slides, Tech Tumbles And Banks Take A Beating New week, same story as the 2016 stock market mauling gets worse.
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Bank-Stock Carnage: This Number Is Killing Them

Wall Street Journal - 8 Feb 2016 21:40
Falling yields on government debt are one of the hammers pounding bank stocks.
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RBI panel calls for interest rate options

livemint.com - 8 Feb 2016 21:40
RBI panel calls for interest rate options The panel has suggested that interest rate options with simple structures may be permitted for all domestic investors in both the OTC and exchange markets
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Hasbro has declared a quarterly cash dividend of $0.51 per common share. This represents an increase of $0.05 per share, or 11%, from the previous quarterly dividend of $0.46 per common share. The dividend will be payabl...
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Noteworthy Monday Option Activity: HD, ISRG, DAL Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Home Depot Inc (NYSE: HD), where a total volume of 34,008 contracts has been traded thus far today, a contr...
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What To Expect From Ford's Luxury Brand Lincoln In 2016 Ford Motor unveiled the 2017 version of its luxury vehicle Lincoln Continental at the North America International Auto Show in Detroit earlier this month. The vehicle is a four-door luxury sedan that will be manufactured...
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What To Expect From Time Warner's Full Year 2015 Earnings Announcement? Time Warner will report its Q4 and full year 2015 earnings on February 10th. What do we expect to learn? What elements will drive growth and what factors should one watchout for? Below we share our estimates and key poin...
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Verizon CEO Lowell McAdam has confirmed that the company is interested in bidding for Yahoo! , after the beleaguered company indicated that it was open to consider any “qualified strategic proposals” for its struggli...
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LinkedIn posted solid fourth quarter and full year 2015 results with growth across all its divisions. Overall revenues increased 34% year-over-year (y-o-y) in the fourth quarter to $862 million and 35% y-o-y in full year...
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Coca-Cola Earnings Preview: Unfavorable Foreign Exchange To Dampen Organic Growth As one of the biggest FMCG (fast-moving consumer goods) companies in the world, the extra cash with customers due to the continual slump in oil prices should have benefited The Coca-Cola Company in its last quarter of 20...
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The Retreat To AT&T

Forbes - 8 Feb 2016 20:45
When I read months ago that a Chinese couple coughed up $170 million for Modigliani’s Nu Couché canvas, painted in 1918, I thought like many know-nothing billionaires, this twosome opted to bid at auction. They lacked...
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Monday's ETF with Unusual Volume: QTEC

Forbes - 8 Feb 2016 20:36
The First Trust NASDAQ-100-Technology Sector Index Fund ETF (QTEC) is seeing unusually high volume in afternoon trading Monday, with over 288,000 shares traded versus three month average volume of about 42,000. Shares of...
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Rupee opens lower at 67.87 against US dollar

livemint.com - 8 Feb 2016 05:46
Rupee opens lower at 67.87 against US dollar The partially convertible rupee opens at 67.87 per dollar compared with its previous close of 67.65
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