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Market News

Location American Market News for 9 March 2016
China shares fell Wednesday, weighed down by weak metals prices and concerns about consolidation of steel plants.
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How China Could Kill Japan's Abenomics Gains That Trump and Clinton are upset with Japan's currency practices is really just headline fodder, but the Chinese have legitimate reasons to be upset.
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China, Fighting Money Exodus, Squeezes Business

Wall Street Journal - 9 Mar 2016 06:36
Chinese regulators, trying to slow a money exodus, are making life tougher for companies and investors that need to trade yuan for dollars to do business.
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Would A 'Brexit' Spell Disaster For London's Tech Innovators? Her Majesty Queen Elizabeth II has apparently passed comment on a British exit (‘Brexit’) from the European Union (EU). So too has Bank of England Governor Mark Carney, who yesterday was interpreted as indicating his...
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Square Posts Strong Growth In First Public Quarter Payments processor Square reported quarterly earnings for the first time since its IPO.
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Box beats on earnings,revenue

CNBC - 9 Mar 2016 23:06
Box reported better-than-expected fourth-quarter results on Wednesday.
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Square shares pop as revenue beats

CNBC - 9 Mar 2016 23:04
Square on Wednesday reported a quarterly loss and beat Wall Street's sales expectations.
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GM Dividend Yield Pushes Past 5%

Forbes - 9 Mar 2016 22:17
GM Dividend Yield Pushes Past 5% Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of General Motors Co. (NYSE: GM) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.52), with...
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How well do you know Lewis Hamlton?

CNN - 9 Mar 2016 22:16
How well do you know Lewis Hamlton? The Circuit looks back at some of the achievements of Lewis Hamilton's career.
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Indonesian driver makes F1 history

CNN - 9 Mar 2016 22:16
Indonesian driver makes F1 history Rio Haryanto will make history next month when he becomes the first Indonesian driver to race in Formula One.
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5 lessons from F1's winter testing

CNN - 9 Mar 2016 22:14
5 lessons from F1's winter testing After two weeks of tweaks and fine-tuning at the Circuit de Catalunya in Barcelona, Spain, F1 winter testing is over.
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Barclays Africa CEO Dismisses Asset-Sale Talk

Wall Street Journal - 9 Mar 2016 22:07
Barclays Africa won't break up and sell off its assets after its biggest shareholder, Barclays, said last week that it plans to sell down its majority stake in the Africa business, said the group's chief executive.
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Top Buys by Directors: Collins Jr.'s $346.4K Bet on AA 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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Why Ailing Oil Producers Should Love This Court Decision

Wall Street Journal - 9 Mar 2016 21:57
A bankruptcy-court ruling may set a precedent that disadvantages pipeline operators and possibly helps companies such as Chesapeake Energy.
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Oil Rallies on Higher Demand for Gas, Diesel Fuel

Wall Street Journal - 9 Mar 2016 21:46
Oil prices added to gains Wednesday after new government data showed demand for gasoline and diesel fuel was far higher than already-bullish expectations.
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Healthcare Global IPO to open 16 March

livemint.com - 9 Mar 2016 21:40
Healthcare Global IPO to open 16 March Healthcare Global has priced the offer in the band of `205-218 per share; the total issue size will range from `610.9 crore to `649.6 crore
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Wednesday Sector Laggards: Healthcare, Utilities The worst performing sector as of midday Wednesday is the Healthcare sector, higher by 0.1%. Within the sector, Regeneron Pharmaceuticals, Inc. (NASD: REGN) and Biogen Inc (NASD: BIIB) are two of the day's laggards, show...
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Wednesday Sector Leaders: Energy, Materials Looking at the sectors faring best as of midday Wednesday, shares of Energy companies are outperforming other sectors, higher by 2.0%. Within that group, Newfield Exploration Co. (NYSE: NFX) and Devon Energy Corp. (NYSE:...
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Colonial Pipeline Comes Under Fire

Wall Street Journal - 9 Mar 2016 21:30
A lack of pipeline space between the Gulf Coast and East Coast is raising the cost of fuel, companies told government regulators.
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Sebi notifies operational norms for cross-currency derivatives Sebi details guidelines that would enable exchanges to launch cross-currency futures contracts involving the euro, yen and the pound sterling
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M3 yet again outpaces nominal GDP

livemint.com - 9 Mar 2016 21:20
M3 yet again outpaces nominal GDP As inflation dipped, India's nominal GDP has also fallen. While broad money supply has also come down, it has grown faster than the nominal GDP in the past six quarters
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How Big Banks Have Prepared for Higher Rates

Wall Street Journal - 9 Mar 2016 21:17
The biggest U.S. banks have been actively preparing for higher interest rates, but yields haven't played along.
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