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Market News

Location American Market News for 15 March 2016

Asian Shares Fall Ahead of Japan's Rate Decision

Wall Street Journal - 15 Mar 2016 04:59
Shares in Asia fell Tuesday before an interest-rate decision by Japan's central bank.
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Upscale Mall Landlords Pay Up to Stay Chic

Wall Street Journal - 15 Mar 2016 22:45
Like Hollywood stars fighting for top billing, the owners of two Los Angeles malls are undertaking expensive overhauls that highlight the staggering cost of keeping retail property chic.
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The inspector general for the Federal Deposit Insurance Corp. blamed some agency staff members for an "abusive" supervisory attitude that forced banks to stop offering loans based on consumers' tax refund checks.
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FHA Provision Limits Bank Liability on Mortgage Errors

Wall Street Journal - 15 Mar 2016 22:26
A federal housing agency on Tuesday said it would make it easier for banks to avoid steep penalties for some errors committed during the mortgage process, in a bid to spark lending to less-creditworthy borrowers.
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The Short Who Got Valeant Right Is on Trial in Hong Kong

Wall Street Journal - 15 Mar 2016 22:11
When it comes to Valeant Pharmaceuticals International Inc., short seller Andrew Left was on the money. In Hong Kong, he's on trial.
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Sebi begins action against NSEL brokers

livemint.com - 15 Mar 2016 21:54
Sebi begins action against NSEL brokers Market watchdog forms probe team to examine whether brokers indulged in mis-selling, client code modification
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Notable Tuesday Option Activity: KHC, CBOE, PBF Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Kraft Heinz Co (NASD: KHC), where a total volume of 35,565 contracts has been traded thus far today, a...
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Europe Inc. Rushes to Sell Bonds as ECB Gets Set to Buy

Wall Street Journal - 15 Mar 2016 21:38
Deutsche Telekom's €4.5 billion bond sale met with enthusiastic reception from investors, reflecting how the European Central Bank's plan to buy corporate debt has affected Europe's corporate-bond market
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3 Lessons Every Investor Can Learn From Valeant Pharmaceuticals' Crash 3 Important Lessons Every Investor Should Learn From Valeant's Crash
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Indian banks have very low capital compared with banks in other countries India fares poorly when it comes to the yardstick of financial soundness expressed as the ratio of capital to risk-weighted assets
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Can a strong product portfolio cushion Bayer from market vagaries? Helping the stock rebound is a strong product pipeline and the belief that these new products will offset potential weakness in the business environment in the coming season
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Wall Street And 2016: The Folly Of Using The Election To Time The Market There is little direct impact between an election and equity performance.
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Why FedEx Will Fight to Find a Way Forward

Wall Street Journal - 15 Mar 2016 20:46
The Amazon threat is expected to continue weighing over FedEx's struggling stock price.
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Tuesday Sector Leaders: Utilities, Consumer Products In afternoon trading on Tuesday, Utilities stocks are the best performing sector, up 0.1%. Within that group, Dominion Resources Inc (NYSE: D) and SCANA Corp (NYSE: SCG) are two large stocks leading the way, showing a ga...
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IEA Calls A Bottom In Oil Prices

Forbes - 15 Mar 2016 20:14
IEA Calls A Bottom In Oil Prices On a global scale, oil production is finally dropping—and that’s constructive for prices. In a report released on Friday, the International Energy Agency (IEA) writes that “prices might have bottomed out,” citing...
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U.S. Bancorp (USB) has declared a quarterly dividend of $0.255 per common share payable April 15, 2016, to shareholders of record at the close of business on March 31, 2016.
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Tuesday's ETF with Unusual Volume: DHS

Forbes - 15 Mar 2016 20:02
The WisdomTree High Dividend Fund ETF (DHS) is seeing unusually high volume in afternoon trading Tuesday, with over 216,000 shares traded versus three month average volume of about 61,000. Shares of DHS were off about 0....
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Tuesday's ETF Movers: GDX, XBI

Forbes - 15 Mar 2016 20:01
In trading on Tuesday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of B2gold (BTG), up about 5.3% and shares of Cente...
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In trading on Tuesday, non-precious metals & non-metallic mining shares were relative laggards, down on the day by about 4.7%. Helping drag down the group were shares of Constellium (CSTM), off about 35.5% and shares of ...
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In trading on Tuesday, insurance brokers shares were relative leaders, down on the day by about 0.1%. Leading the group were shares of Erie Indemnity (ERIE), up about 2.2% and shares of Amtrust Financial Services (AFSI) ...
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Gold prices ended the U.S. day session solidly lower Tuesday and closed at the lowest closing level of the month. More profit-taking pressure from recent gains was featured.
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What Is Tableau's Fundamental Value Based On 2015 Results? What Is Tableau’s Fundamental Value Based On 2015 Results? The answer should seem all the more important, given the 50% decrease in share price that followed the company’s recent earnings release. Consider the follow...
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