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Market News

Location American Market News for 3 March 2016

Most Asian Shares Rise

Wall Street Journal - 3 Mar 2016 08:02
Most Asian stock markets gained Thursday as rising oil prices and signs of an improving U.S. economy appeared to restore investor confidence.
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February Jobs Report: Is It Millennials' Time to Shine?

Wall Street Journal - 3 Mar 2016 23:49
Millennials appear to be faring better on the employment front, a trend that bears watching in Friday's jobs report.
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Noteworthy Thursday Option Activity: CHTR, IDCC, NVCR Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Charter Communications Inc (NASD: CHTR), where a total of 13,671 contracts have traded so far, representing app...
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Delta Lloyd in Rights Issue Dispute With Highfields

Wall Street Journal - 3 Mar 2016 22:14
Dutch insurer Delta Lloyd is locked in a public spat with Highfields Capital Management, a Boston-based hedge fund that is seeking to block a planned $706 million rights issue.
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Thursday Sector Laggards: Healthcare, Utilities Looking at the sectors faring worst as of midday Thursday, shares of Healthcare companies are underperforming other sectors, showing a 0.3% loss. Within that group, Alexion Pharmaceuticals Inc. (NASD: ALXN) and Vertex Ph...
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Thursday Sector Leaders: Energy, Materials

Forbes - 3 Mar 2016 21:32
Thursday Sector Leaders: Energy, Materials The best performing sector as of midday Thursday is the Energy sector, higher by 3.4%. Within that group, Chesapeake Energy Corp. (NYSE: CHK) and Southwestern Energy Company (NYSE: SWN) are two of the day's stand-outs, s...
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Valeant: What an Executive Departure Says About Growth

Wall Street Journal - 3 Mar 2016 21:17
The abrupt departure of a top executive raises more questions about Valeant's growth prospects.
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Did Budget 2016 manage to turn around foreign investor sentiment? While the budget may not have made any big-bang reform announcements, it took some small but critical steps that could help turn the negative mood
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Negative Rates and Insurers: Be Afraid

Wall Street Journal - 3 Mar 2016 21:06
Interest rates are critical to insurers' investment returns. Moves into negative territory present a growing threat.
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Higher service tariffs, discounts from manufacturers The latest India composite PMI released for February talks about fading inflationary pressures. But, there is a divergence between the manufacturing and services sectors
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A solar disruptor for SEB revival plan

livemint.com - 3 Mar 2016 20:57
A solar disruptor for SEB revival plan As solar gets cheaper and thermal power turns expensive, the viability for moving to their own renewable energy source gets better
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How Has JetBlue's Revenue And EBITDA Grown Over The Last Five Years? JetBlue’s revenue grew almost 70% over the last five years on the back of the recovery in air travel demand in the domestic market. The low-cost carrier’s EBITDA more than doubled over the same period, largely becaus...
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How American Eagle Outfitters' EBITDA Growth Outpaced Revenue Growth In 2015 American Eagle Outfitters‘ revenues increased a sizable 7% during 2015, driven by a similar growth in comparable sales and partially offset by the closure of under-performing stores throughout the year. The growth is i...
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How Do Facebook And Twitter Compare In Terms Of Users, Advertisers And Ad Revenues? Social networking giants Facebook and Twitter are often compared in terms of user engagement, user base and their rate of growth. This is natural, considering the companies were established within two years of each other...
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United Technologies (NYSE: UTX) recently announced that it has pulled out of talks related to a potential take over by Honeywell (NYSE: HON). Subsequently, Honeywell issued a press release containing a link to its slide-...
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Coal India output growth slips in February

livemint.com - 3 Mar 2016 20:39
Coal India output growth slips in February Weak power sector demand continues to haunt sales growth at Coal India and last month seems to be no exception
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Notable Thursday Option Activity: CAT, KMX, WYNN Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Caterpillar Inc. (NYSE: CAT), where a total volume of 38,183 contracts has been traded thus far today, a co...
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Natural-Gas Storage Crunch: Look Out Below

Wall Street Journal - 3 Mar 2016 20:23
A record amount of gas in underground storage as winter heating demand winds down could create havoc late this summer.
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Gold prices ended the U.S. day session solidly higher and closed at a 13-month high close Thursday. Weaker U.S. stock indexes and a sell-off in the U.S. dollar index were bullish elements for the precious metal on this d...
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Broadcom tonight will set the direction for the semis in the near-term
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S&P 500 Analyst Moves: BSX

Forbes - 3 Mar 2016 18:51
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Boston Scientific (BSX) is now the #117 analyst pick, moving up by 1 spot.
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Dow Analyst Moves: WMT

Forbes - 3 Mar 2016 18:50
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Wal-Mart Stores (WMT) is the #28 analyst pick. Within the broader S&P 500, w...
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