Market News
Arbitration Awards Against Stockbrokers Go Unpaid
Wall Street Journal - 25 Feb 2016 07:03
It isn't easy to win an arbitration award against a Wall Street stockbroker. What also is hard is getting paid.
New Rule to Shift Leases Onto Corporate Balance Sheets
Wall Street Journal - 25 Feb 2016 18:13
Accounting rule makers issued a new rule Thursday that will require U.S. companies to add huge amounts of leases to their balance sheets and thus make many companies look much more leveraged.
China Stocks Fall Sharply
Wall Street Journal - 25 Feb 2016 06:20
Stocks in China fell sharply Thursday amid persistent worries about the health of the Chinese economy.
Bundesbank President Criticizes Push to Abolish €500 Note
Wall Street Journal - 25 Feb 2016 05:13
Jens Weidmann presented a 22-page report defending the use of cash, pushing back against proposals that German policy makers worry could be used to cut interest rates more deeply in the euro area.
Wells Fargo CEO Stumpf Gets $830,000 in Restricted Stock
Wall Street Journal - 25 Feb 2016 23:37
Wells Fargo Chief Executive John Stumpf was awarded about $830,000 worth of restricted stock as part of his 2015 compensation.
Kraft Heinz beats estimates, declares dividend
CNBC - 25 Feb 2016 23:30
Kraft Heinz reported quarterly earnings and revenue that topped analysts' expectations on Thursday.
Gap shares slide on weak 2016 outlook
CNBC - 25 Feb 2016 23:15
The retailer met quarterly earnings expectations of 57 cents per share, but its fiscal 2016 earnings estimates came in light.
Oil Prices Turn Positive on Cutback Hopes
Wall Street Journal - 25 Feb 2016 22:53
Oil prices shook off losses Thursday and ended the day with a gain after Venezuela's oil minister said his country would meet with other top global producers to discuss efforts to stabilize the market.
Noteworthy Thursday Option Activity: AGN, SPLK, RGR
Forbes - 25 Feb 2016 22:34
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Allergan PLC (NYSE: AGN), where a total of 11,376 contracts have traded so far, representing approximately 1.1 ...
Hilton Is Worth Checking Into
Wall Street Journal - 25 Feb 2016 22:00
As Hilton gets set to report fourth-quarter results, there are reasons to believe the stock's selloff has gone too far.
How Salesforce.com Can Keep Making It Rain
Wall Street Journal - 25 Feb 2016 21:53
Cloud giant Salesforce.com cools fears that tech spending is in retreat.
December quarter corporate results | Is the worst over?
livemint.com - 25 Feb 2016 21:51
A sector-by-sector analysis of the just-ended earnings season shows that more pain is in store
Thursday Sector Leaders: Financial, Consumer Products
Forbes - 25 Feb 2016 21:47
In afternoon trading on Thursday, Financial stocks are the best performing sector, up 1.2%. Within that group, Morgan Stanley (NYSE: MS) and Equinix Inc (NASD: EQIX) are two large stocks leading the way, showing a gain o...
Fannie and Freddie: Recap and Release Is Still Just a Dream
Wall Street Journal - 25 Feb 2016 21:40
A speech by housing finance's top regulator has given rise to a misguided hope the mortgage giants could be freed from government control.
Sebi relaxes mutual fund norms on unclaimed investor money
livemint.com - 25 Feb 2016 21:35
The money from unclaimed redemptions and dividends was allowed to be parked only in call money market or money market instruments
Sensex set for worst year-to-budget slide since 2007
livemint.com - 25 Feb 2016 21:21
Railway budget failed to cheer market participants, whose sights are trained on Monday's Union budget
Agricultutral inputs: Weak kharif accentuates rabi woes
livemint.com - 25 Feb 2016 21:21
The industry is carrying substantial inventories and the expectations are that inventories will get normalized on good monsoon rains
Automobiles: One-offs mar results despite low input costs
livemint.com - 25 Feb 2016 21:20
The slowdown in the overseas markets and the discounts in the local markets adversely affected average revenue per vehicle
Aviation: A windfall quarter
livemint.com - 25 Feb 2016 21:18
A stronger load factor helped, though the average fares declined as firms decided to pass on some benefits of lower fuel costs to consumers
A stress test for banks
livemint.com - 25 Feb 2016 21:17Capital goods: waiting for recovery
livemint.com - 25 Feb 2016 21:17
Even if capital goods makers did manage to get some orders, the poor financial condition of many--and, at times, their clients--led to slow execution of projects