Market News
Macy's Sales Fall Less Than Expected, Helped By Cold Weather
Forbes - 23 Feb 2016 16:28
Count Macy's among the retailers that is grateful for that bout of cold weather in January.
London Stock Exchange, Deutsche Börse in Merger Talks
Wall Street Journal - 23 Feb 2016 16:44
London Stock Exchange Group and Deutsche Börse are in talks about a potential merger that would create a combined group worth more than $28 billion.
Startups Crash Real-Estate Brokerage Market
Wall Street Journal - 23 Feb 2016 13:32
A new generation of tech-focused startups are charging into real-estate brokerage, rolling out an array of mobile services in hopes of grabbing a piece of the red-hot U.S. apartment market.
Anchors Aweigh: Malls Lose More Big Department Store Tenants
Wall Street Journal - 23 Feb 2016 23:44
The rise of online shopping is battering the big department stores known as anchors that once lured shoppers to malls--leaving landlords with empty space and forcing them to undertake expensive overhauls to stay relevant...
Competitors And Cash Bleed Put Pressure On Pure Storage
Forbes - 23 Feb 2016 23:30
Since 2013, Pure Storage has grown revenue by 436% compounded annually, but it seems IPO investors chose to overlook the fact that profits have remained negative.
Fantasy and Magic: A New Central Bank Approach
Wall Street Journal - 23 Feb 2016 23:09
In the looking-glass world of modern central banking, almost nothing is taboo, with even the abolition of cash discussed seriously by top monetary wonks. One idea not yet considered: the Bank of Japan should print money ...
Viacom: Can Paramount Bring Value Into Focus?
Wall Street Journal - 23 Feb 2016 23:03
Viacom move to explore opportunities for a stake in Paramount could help it command a higher valuation.
HP Can't Shake Growth Problems
Wall Street Journal - 23 Feb 2016 22:39
Many of the same growth problems that have hurt HP for years likely won't go away in its coming earnings report.
Notable Tuesday Option Activity: OLED, NFLX, JPM
Forbes - 23 Feb 2016 22:35
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Universal Display Corp (NASD: OLED), where a total volume of 3,126 contracts has been traded thus far ...
Western Digital's Dimmer Flash Plan
Wall Street Journal - 23 Feb 2016 22:12
The hard-drive maker still has good reasons to buy SanDisk, but the deal has become a tough sell.
Price-Moving China Oil Trades Fan Concerns
Wall Street Journal - 23 Feb 2016 21:50
The growing clout of state-backed Chinese oil traders is raising concerns over their influence on the price of crude as trade increasingly flows into markets with little regulatory oversight.
Ex-Div Reminder for Barrick Gold (ABX)
Forbes - 23 Feb 2016 21:44
On 2/25/16, Barrick Gold Corp. (Toronto: ABX) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 3/15/16. As a percentage of ABX's recent stock price of $18.06, this dividend works out to approximate...
How To Feel Rich -- Even When The Markets Are Down
Forbes - 23 Feb 2016 16:30
When markets are plunging and all the news is bad, it’s difficult to stay focused on your current action plan.
Railway budget: the changing beneficiaries of railway capex
livemint.com - 23 Feb 2016 21:37
The current surge in railway capex is not expected to benefit all the companies uniformly in the initial years
Alphabet And Facebook Good To Go For Momentum Investors
Forbes - 23 Feb 2016 21:35
As the Fed starts to normalize interest rates, good old stock picking is coming back into fashion. Outperforming the market over a full bear-to-bull cycle is not impossible, but it is very difficult, with risk management...
Losses mount for foreign portfolio investors
livemint.com - 23 Feb 2016 21:18
The Sensex returns for 2015-16 are nothing to cheer about, but foreign investors, who have put their dollars into Indian stocks have lost much more
BCE's Preferred Series AA Shares Cross 6.5% Yield Mark
Forbes - 23 Feb 2016 21:09
In trading on Tuesday, shares of BCE Inc.'s Cumulative Redeemable First Preferred Shares, Series AA (Toronto: BCE-PRA) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $0.8625), with share...
As Monopoly Ditches Cash, Are We Soon To Follow?
Forbes - 23 Feb 2016 21:06
Nearly everyone can recall playing Monopoly as a child, and for many, the game served as their first exposure to handling different denominations of cash. It was exhilarating to have someone land on your Park Place prope...
A temporary bounce for iron ore prices?
livemint.com - 23 Feb 2016 21:02What To Expect From Transocean's 2015 Financial Results?
Forbes - 23 Feb 2016 20:59
What To Expect From Transocean's 2015 Financial Results? Weak Drilling Activity Due To Plummeting Commodity Prices Is Likely To Drive Down Transocean’s 2015 Results. In the tables below, we chart the impact of lo...
Investors Play It Safe With Saint-Gobain Facility Deal
Wall Street Journal - 23 Feb 2016 20:57
A venture of a private-equity firm and Mideast investor has purchased Saint-Gobain's North American headquarters near Philadelphia in a $123 million deal that shines some light on how this year's turmoil in the global ca...
Fiscal worries push up yields on state bonds
livemint.com - 23 Feb 2016 20:54
Yields differ between states at auction of SDLs; West Bengal pays the most, Odisha the least