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Market News

Location American Market News for 8 March 2016

Coming to the Commercial Property Market: Defaults

Wall Street Journal - 8 Mar 2016 13:34
New signs of weakness are surfacing in the commercial property market, ending a half-decade run of improvement with steadily climbing values.
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As the company struggles with declining customer traffic due to food safety issues, Chipotle Mexican Grill (NYSE: CMG) announced in February that it is committing $10 million to provide education, training and financial ...
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Did an off-balance sheet sleight of hand make 3.5% fiscal deficit possible? Real, or adjusted, fiscal deficit is 4.4% for FY17 if all this off-balance sheet funding is included, according to CLSA
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Top Buys by Directors: Cloninger's $112K Bet on TUP The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
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Bangladesh's central bank said it had recovered some money allegedly stolen by hackers from an account at the New York Fed, which reiterated it had no evidence of a breach of its systems.
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Why United Continental Shareholders Have Air Rage

Wall Street Journal - 8 Mar 2016 21:59
United Continental shareholders are getting restless. That is a problem for management.
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A Market in Limbo: Risk, Safety Both Gain

Wall Street Journal - 8 Mar 2016 21:56
Stocks, junk bonds and commodities have rallied of late. But so have safe havens like gold and the yen--a sign uncertainty still reigns.
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Square's Earnings Debut: Can Fintech Pay?

Wall Street Journal - 8 Mar 2016 21:48
Square's shares have popped more than 40% from last month's low. But investors shouldn't expect too much from Wednesday's quarterly results.
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SunEdison Shows Outsize Profit, and Peril, From Energy Deals

Wall Street Journal - 8 Mar 2016 21:44
Arbitrage spreads in energy deals reflect significant uncertainty. Some, such as with Baker Hughes and Halliburton, offer a decent mix of high risk and higher return.
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Tuesday Sector Leaders: Utilities, Services Looking at the sectors faring best as of midday Tuesday, shares of Utilities companies are outperforming other sectors, up 0.5%. Within that group, SCANA Corp (NYSE: SCG) and FirstEnergy Corp. (NYSE: FE) are two large st...
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Why the iron ore rally may not have legs of steel

livemint.com - 8 Mar 2016 21:29
Why the iron ore rally may not have legs of steel Here are five reasons why the case for a sustained increase in iron ore prices does not seem convincing yet:
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Will the Mphasis deal turn out to be a damp squib for minority shareholders? It seems the only way HP can extract good value is to commit to certain revenues via the HP channel for the next few years
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Carney Warns of 'Brexit' Risk to U.K. Financial Stability

Wall Street Journal - 8 Mar 2016 20:51
Bank of England Gov. Mark Carney said the possible departure of the U.K. from the European Union represents the biggest domestic risk to the country's financial stability.
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Talks of a possible takeover between Honeywell (NYSE: HON) and United Technologies (NYSE: UTX) recently fell through. Had the deal gone through, the combined company would have a combined sales of about $97 billion. UTC ...
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S&P 500 Analyst Moves: BRK.B

Forbes - 8 Mar 2016 19:43
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Berkshire Hathaway (BRK.B) is now the #4 analyst pick, moving up by 2 spots.
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Dow Analyst Moves: VZ

Forbes - 8 Mar 2016 19:42
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Verizon Communications (VZ) is the #16 analyst pick. Within the broader S&P ...
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NALCO share buyback delayed to 2016-17

livemint.com - 8 Mar 2016 19:41
NALCO share buyback delayed to 2016-17 Aluminium company's share buyback postponed because of procedural delays
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US stocks fall on weak China data, lower oil

livemint.com - 8 Mar 2016 18:57
US stocks fall on weak China data, lower oil Dow Jones industrial average drops 0.76%, S&P 500 down 1.03%, Nasdaq Composite loses 1.03%
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Honeywell Debt Deal Leaves Sour Taste For Investors

Wall Street Journal - 8 Mar 2016 18:51
When Honeywell, shortly after issuing bonds in Europe, announced it was pursuing a merger that would add greatly to its debt, European investors weren't happy and may become more wary of U.S. euro-denominated debt.
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No Easy Bargains for Burberry's Mystery Buyer

Wall Street Journal - 8 Mar 2016 18:39
The mystery investor building a stake in U.K. fashion retailer Burberry seems to be betting on either a Chinese rebound or a new bout of cost-cutting.
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Charting Barron's Beaten Down Tech Stocks

Forbes - 8 Mar 2016 18:28
Charting Barron's Beaten Down Tech Stocks Stocks held up well on Monday and while the Spyder Trust (SPY) was up only slightly the A/D ratios on the NYSE were 2-1 positive. The S&P 500 A/D ratios were also strong and both A/D lines have continued to make new high...
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Only Ten Dow Components With Recent Insider Buying, WMT is One of Them The officers and directors of a company tend to have a unique inside view into the business, so when these insiders make purchases, investors are wise to take notice. Presumably the only reason for a company insider to c...
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