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Market News

Location American Market News for 14 March 2016
Oil prices have surged in the last few weeks, is the worst over? Is it time to buy or is it too late? Looking at the cause of the rally helps answer these questions....
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What Will Be The Impact On Harley-Davidson's Valuation If Motorcycle Sales In The US Decline Harley-Davidson‘s US shipments declined 2% year-over-year in 2015, as stiff competition hurt the motorcycle maker. The stronger U.S. dollar gave pricing advantage to European and Japanese manufacturers. The U.S. is an ...
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Until the next shock in the Chinese yuan

livemint.com - 14 Mar 2016 20:48
Until the next shock in the Chinese yuan While it seems like the Chinese exchange rate has returned to normalcy, markets should anticipate surprises
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Fresh Market To Be Acquired By Apollo For $1.36 Billion In Cash An affiliate of private equity giant Apollo Global Management is doing some grocery shopping.
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Shares Rise in Asia, Extending 4-Week Rally

Wall Street Journal - 14 Mar 2016 04:32
Shares were up in Asia early Monday, extending a four-week rally ahead of key meetings this week by central banks in the U.S. and Japan.
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Advertising is big business and as increasing activity moves online, so too do the marketing dollars. While 2015 saw an estimated $170.5 billion (bn) spent on online advertising globally, this figure is projected to mush...
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AIG to Pay $9.5 Million to Settle Fund-Steering Case

Wall Street Journal - 14 Mar 2016 22:31
Three AIG affiliates will pay more than $9.5 million to resolve a complaint that they steered mutual fund clients to pricier share classes to collect more fees.
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AIG To Pay $9.5 Million For Steering People Into Pricy Mutual Funds It's looking like AIG did the right thing in getting out of the broker-dealer business.
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Sebi paper proposes two methods to redefine 'control' in companies Move primarily aims at making mergers and acquisitions smoother and free of legal hassles
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Investors Need To Turn To Washington, Not The Fed, For Solutions To The Next Recession If the US were to experience a sever economic downturn, the Fed will likely be ineffective and Washington will have to step in with fiscal policy.
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Starwood-Marriott: Chinese Bidder Brings Cash to Party

Wall Street Journal - 14 Mar 2016 21:13
Anbang's all-cash bid for Starwood could box out Marriott from becoming a hotel behemoth. But losing the deal might not be so bad either.
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The Fed's Dot Plot Thickens

Wall Street Journal - 14 Mar 2016 21:11
The Fed's dot plot, to be released Wednesday, isn't likely to have as much predictive power as you might think.
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Monday Sector Leaders: Services, Utilities

Forbes - 14 Mar 2016 20:58
Monday Sector Leaders: Services, Utilities The best performing sector as of midday Monday is the Services sector, up 0.1%. Within the sector, Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) and GameStop Corp (NYSE: GME) are two large stocks leading the way, s...
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Goldman Buys Online Retirement Benefits Business

Wall Street Journal - 14 Mar 2016 20:53
Goldman Sachs Group Inc. said Monday it was purchasing Honest Dollar, a sign big banks are increasingly responding to the fintech threat with their checkbooks.
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Why just Kingfisher Airlines? Government should also look at Air India How is government attitude to Air India any different from that of bankers who continued to support an enterprise whose net worth had been wiped out in the hope that it would turn around?
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What IMF has to say on food price inflation

livemint.com - 14 Mar 2016 20:45
What IMF has to say on food price inflation Food inflation is mostly structural and govt policy to resolve this seems to mostly result in further accentuating the problem due to multiple interventions
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SEC Nominee Hester Peirce Is Critic of Postcrisis Regulation

Wall Street Journal - 14 Mar 2016 20:22
In Hester Peirce's opinion, Washington has gotten just about everything wrong trying to prevent a repeat of the financial crisis. She will likely soon have a chance to try to change that strategy, as a member of the SEC ...
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Blackstone Mortgage Trust (BXMT) declared a dividend of $0.62 per share of class A common stock with respect to the first quarter of 2016. This dividend is payable on April 15, 2016 to stockholders of record as of the cl...
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Goldman Sachs' Investment Management Division announced Monday that it will acquire digital retirement savings platform Honest Dollar for an undisclosed sum. The Austin, Texas based startup brought its platform live ju...
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Monday's ETF with Unusual Volume: IHF

Forbes - 14 Mar 2016 19:45
The iShares U.S. Healthcare Providers ETF (IHF) is seeing unusually high volume in afternoon trading Monday, with over 412,000 shares traded versus three month average volume of about 111,000. Shares of IHF were trading ...
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Monday's ETF Movers: XBI, GDX

Forbes - 14 Mar 2016 19:44
In trading on Monday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 0.6% on the day. Components of that ETF showing particular strength include shares of Insys Therapeutics (INSY), up about 14.7% a...
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In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 2.9%. Helping drag down the group were shares of Ultra Petroleum (UPL), off about 18.6% and shares of Linn ...
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