Market News
Deposits in Malaysian Leader's Accounts Said to Top $1 Billion
Wall Street Journal - 1 Mar 2016 07:06
Global investigators believe much of it originated with nation's 1MDB fund and moved to Prime Minister Najib Razak's accounts via offshore entities.
Here Are The Most Important Chinese Stock Charts To Watch
Forbes - 1 Mar 2016 06:52
China's bear market has continued after a brief Lunar New Year respite as the air comes out of the stock bubble. Despite all of the measures taken by Chinese regulators to prop up the market, they have been unable to sta...
What Are The Technicals Saying About Junk Bonds?
Forbes - 1 Mar 2016 05:54
The U.S. high-yield bond market rout of the past year has been one of the major sources of market volatility as investors justifiably fret about an upcoming wave of energy sector defaults. As I've been saying for a while...
Why Costco Loves Falling Gas Prices
Wall Street Journal - 1 Mar 2016 23:59
Falling gas prices should benefit Costco in several ways as it gets set to report fiscal second-quarter results.
Why IPO Investors Are Set Up For Failure
Forbes - 1 Mar 2016 23:58
Since the beginning of last year, the IPO market has largely been a spectacular failure, with a number of high-profile companies falling off dramatically after first sprinting out of the gate, including Box, GoPro and Fi...
Canadian Banks Cap Strong Earnings Season Amid Criticism Over Reserves
Wall Street Journal - 1 Mar 2016 23:55
Canada's biggest banks on Tuesday closed out another strong earnings season amid mounting criticism they haven't built up enough reserves to cover bad energy loans.
Workday: Putting Big Money to Work in the Cloud
Wall Street Journal - 1 Mar 2016 23:03
Cloud software company Workday puts more money into making products than selling them.
Notable Tuesday Option Activity: WWAV, PNRA, CTL
Forbes - 1 Mar 2016 22:44
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in WhiteWave Foods Co. (NYSE: WWAV), where a total volume of 15,025 contracts has been traded thus far to...
Notable Tuesday Option Activity: JCOM, EOG, TGT
Forbes - 1 Mar 2016 22:43
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in j2 Global, Inc. (NASD: JCOM), where a total of 2,400 contracts have traded so far, representing approximately 2...
Tuesday Sector Laggards: Utilities, Consumer Products
Forbes - 1 Mar 2016 21:36
Looking at the sectors faring worst as of midday Tuesday, shares of Utilities companies are underperforming other sectors, showing a 0.9% loss. Within that group, Pepco Holdings Inc. (NYSE: POM) and Edison International ...
Corrections Corporation of America Named Top Dividend Stock With Insider Buying & 7.47% Yield
Forbes - 1 Mar 2016 21:11
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
Have the NDA government's spending priorities really changed?
livemint.com - 1 Mar 2016 20:42
The commentariat says the government is now focused on the rural and social sectors. Do the numbers support that view?
Why Did Gap Inc's Revenues Decline in 2015?
Forbes - 1 Mar 2016 20:42
Gap Inc’s net sales for 2015 declined 4% mainly driven by a fall in Gap and Banana Republic revenue. The sales decline for these brands can be attributed to domestic and international store closures and a fall in compa...
Capacity Expansions And Fuel Cost Savings Drive JetBlue's Earnings in 2015
Forbes - 1 Mar 2016 20:38
Like other airlines, JetBlue reported a significant jump in its 2015 earnings on the back of fuel cost savings. Apart from that, the low cost carrier grew its capacity aggressively during the year, leading to a notable r...
How Have Equity Underwriting Fees For The 5 Largest U.S. Investment Banks Changed Since 2010?
Forbes - 1 Mar 2016 20:36
After growing steadily over 2012-2014, equity underwriting fees at the five largest U.S. banks fell sharply in 2015. These fees largely mirror the overall performance of global equity markets in a particular year, as com...
Union budget and the eureka moment
livemint.com - 1 Mar 2016 20:35
Equity markets fell by 0.66% on Monday, the day budget was announced. That was reversed with a massive 3.4% jump on Tuesday. What gives?
How Walmart Is Revamping Sam's Club To Take On Competition?
Forbes - 1 Mar 2016 20:34
In a recent interview with Fortune, the CEO of WalMart‘s subsidiary Sam’s Club stated that the retailer is making major changes to its business model which he described as a “reset for the business”. As a part ...
Top Buys by Top Brass: Co-President Goldstein's $249K Bet on ARCC
Forbes - 1 Mar 2016 20:26
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard...
Ocwen Financial Discloses New SEC Investigation Weeks After Settling Accounting Charge
Forbes - 1 Mar 2016 19:43
The troubles for mortgage servicing giant Ocwen Financial, once a stock market darling and the biggest handler of subprime mortgages in the United States, continue to mount.
ECB to Review Stimulus, Draghi Says
Wall Street Journal - 1 Mar 2016 19:40
The European Central Bank will review its stimulus next week against a background of heightened economic risks and weaker-than-expected inflation, ECB President Mario Draghi said.
Family Firm Seizes on Chinese Property Downturn
Wall Street Journal - 1 Mar 2016 19:34
Investing cynics may be leery of China's shaky real-estate market but one contrarian institutional real-estate investor, a Hong Kong-based family-run firm, is still making aggressive bets.
Low yields spur more private firms to access bond market
livemint.com - 1 Mar 2016 19:17
As many as 424 companies raised `1.94 trillion through bond sales in first nine months of fiscal 2016