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Market News

Location American Market News for 26 February 2016

Asian Shares Rise, Shanghai Recovers From Tumble

Wall Street Journal - 26 Feb 2016 05:49
Markets in Asia rose Friday, with Chinese stocks edging up slightly following a sharp tumble the previous day.
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Zhou Xiaochuan, governor of the People's Bank of China, said again that he sees no reason for the Chinese currency to fall persistently and stressed that authorities have room to support economic growth.
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With U.S. Gas, Europe Seeks Escape From Russia's Energy Grip

Wall Street Journal - 26 Feb 2016 06:16
Gulf Coast exports of liquefied natural gas are expected to loosen Russia's dominance in the European energy market.
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Five Dow Stocks With Rising Short Activity

Forbes - 26 Feb 2016 22:46
Five Dow Stocks With Rising Short Activity The most recent short interest data has just been released by the NASDAQ for the 02/12/2016 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five Dow Jones Indus...
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Five S&P 500 Stocks With Rising Short Activity The most recent short interest data has just been released by the NASDAQ for the 02/12/2016 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
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Five BDCs With Rising Short Activity

Forbes - 26 Feb 2016 22:43
Five BDCs With Rising Short Activity The most recent short interest data has just been released by the NASDAQ for the 02/12/2016 settlement date, and we here at BDC Investor have sifted through this fresh data and screened out these five BDCs. A metric we f...
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Short Interest In Tyson Foods Moves 10% Lower The most recent short interest data has been released by the NASDAQ for the 02/12/2016 settlement date, which shows a 2,370,790 share decrease in total short interest for Tyson Foods, Inc. (NYSE: TSN), to 21,166,370, a d...
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Don't Get Bitten By 'FANG' Stocks

Forbes - 26 Feb 2016 22:06
Don't Get Bitten By 'FANG' Stocks The past seven years since the financial crisis have seen the S&P 500 bounce back by 150%, even as GDP growth continues to be slow. Digging deeper, stagnant wages and extremely low productivity growth show that the real ...
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Brexit concerns drive pound to worst week since January 2009 Sterling has tumbled 3.6% against the dollar since last Friday, on course for its worst week since January 2009
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Waste Management (WM) announced the declaration of a quarterly cash dividend of $0.41 per share payable March 18, 2016 to stockholders of record on March 7, 2016.
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Friday's ETF with Unusual Volume: GURU

Forbes - 26 Feb 2016 21:01
The Guru Index ETF (GURU) is seeing unusually high volume in afternoon trading Friday, with over 130,000 shares traded versus three month average volume of about 38,000. Shares of GURU were up about 1.2% on the day.
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Charting The New Bull Market In Gold

Forbes - 26 Feb 2016 21:00
Charting The New Bull Market In Gold When demand exceeds supply for a given item, its price will rise. When there are more sellers than buyers, the price will decline. According to this trend-following method, a new cyclical bull market period for gold has ...
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Friday's ETF Movers: OIH, GDXJ

Forbes - 26 Feb 2016 21:00
In trading on Friday, the Oil Services ETF (OIH) is outperforming other ETFs, up about 3.8% on the day. Components of that ETF showing particular strength include shares of McDermott International (MDR), up about 11.8% a...
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In trading on Friday, oil & gas exploration & production shares were relative leaders, up on the day by about 4.9%. Leading the group were shares of California Resources Corporation (CRC), up about 38.2% and shares of Bo...
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Dividend Yield Sign: Telefonica Investors Should Turn Away

Wall Street Journal - 26 Feb 2016 20:52
Even if Spanish telecom incumbent Telefonica manages to sell its U.K. business O2, its stretched balance sheet makes its dividend vulnerable.
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Another Iconic London Exchange Is in Play

Wall Street Journal - 26 Feb 2016 20:48
Baltic Exchange, a 272-year-old shipping marketplace, has attracted a handful of potential suitors interested in its globally traded shipping contracts and indexes. Singapore Exchange said it had made a bid, and Platts a...
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U.S. LNG Exports Make Waves Abroad, Not at Home

Wall Street Journal - 26 Feb 2016 20:47
In a reverse of the situation with oil, U.S. LNG exports will have little effect on the domestic gas market.
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The Biotech Pipeline: BioMarin Shows Why It Matters

Wall Street Journal - 26 Feb 2016 20:07
BioMarin is excited about its new drug pipeline. Investors are depending on it.
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Venezuela Makes $1.5 Billion Payment to International Creditors

Wall Street Journal - 26 Feb 2016 19:47
Venezuela made a $1.5 billion payment to its international creditors Friday, as the cash-strapped country scraped together funds to avoid a default.
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Why Decades-Old Life-Insurance Benefits May Still Go Unpaid

Wall Street Journal - 26 Feb 2016 19:29
Smaller life insurers are fighting back against state officials who insist it is the companies' job to check for policyholders who have died, so that beneficiaries who may not even know of the claims can get paid.
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S&P 500 Analyst Moves: LRCX

Forbes - 26 Feb 2016 18:47
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Lam Research (LRCX) is now the #5 analyst pick, moving up by 40 spots.
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Dow Analyst Moves: TRV

Forbes - 26 Feb 2016 18:46
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Travelers Companies (TRV) is the #25 analyst pick. Within the broader S&P 50...
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