Market News
Big Bank Stocks Are Cheap. The Fed Hasn't Changed That
Wall Street Journal - 17 Mar 2016 18:49
Big-bank stocks have wobbled but they won't fall down.
Asian Shares Rally After Fed Slows Pace of Rate Hikes
Wall Street Journal - 17 Mar 2016 04:05
Asia stock markets rallied Thursday after the U.S. central bank said it wouldn't raise interest rates as quickly as expected.
Bernie Sanders And Elizabeth Warren Back Useless Bill To Regulate Hedge Fund Activism
Forbes - 17 Mar 2016 23:16
On Thursday, Senators Tammy of Wisconsin and Jeff Merkley of Oregon unveiled The Brokaw Act, a Congressional effort to introduce legislation to regulate activist funds.
Be active in a downturn because that is when the opportunity is: Cherian Mathew
livemint.com - 17 Mar 2016 21:45
The US-based Firebolt Ventures founder says investors looking at India on a long-term basis and have placed bets on leading firms in their sectors are in line to notch up good returns on investments
Student-Loan Delinquencies Decline
Wall Street Journal - 17 Mar 2016 21:43
The number of Americans at least a month behind on their student-loan payments is declining, reversing a trend the Obama administration has called a threat to the nation's economic health.
Google Maps Adds New Ride Hailing Apps: Possibility Of A New Revenue Stream ?
Forbes - 17 Mar 2016 21:38
Alphabet Inc.’s subsidiary Google recently announced that, with its most recent update to Google Maps, the company is adding to the app new ride hailing service providers across five countries. These providers are in a...
SEC to Delay Decision on IEX Until June
Wall Street Journal - 17 Mar 2016 21:36
U.S. securities regulators are preparing to again delay a decision on whether to grant upstart trading venue IEX Group Inc.'s request to become a full-fledged stock exchange, according to people familiar with the matter.
Noteworthy Thursday Option Activity: SPG, FB, KO
Forbes - 17 Mar 2016 21:35
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Simon Property Group, Inc. (NYSE: SPG), where a total volume of 10,679 contracts has been traded thus ...
Eicher's valuation at risk as Enfield sales growth moderates
livemint.com - 17 Mar 2016 21:04
Any slowdown in the core business of two-wheelers could taper valuation, be an overhang on stock
CL Educate to file for IPO by end of March
livemint.com - 17 Mar 2016 20:57
The proposed issue includes both fresh shares and an offer for sale by some of its investors--both institutional and individual
Biocon takes a shot at US rh-insulin market
livemint.com - 17 Mar 2016 20:46Tiffany Deals With More Bad News
Wall Street Journal - 17 Mar 2016 20:44
Add falling Wall Street bonuses to the list of worries that are hurting Tiffany ahead of its fourth-quarter results.
The Fed's Mixed Messages: Why A Stronger U.S. Economy Isn't Enough To Raise Rates
Forbes - 17 Mar 2016 20:35
The Federal Reserve’s decision this week to hold steady on interest rates was not a surprise to most. Despite the December decision to raise rates by 25 basis points and initial talk of four potential rate hikes this y...
Thursday's ETF with Unusual Volume: FXN
Forbes - 17 Mar 2016 20:06
The First Trust Energy AlphaDEX Fund ETF (FXN) is seeing unusually high volume in afternoon trading Thursday, with over 7.4 million shares traded versus three month average volume of about 512,000. Shares of FXN were up ...
Thursday's ETF Movers: ILF, PJP
Forbes - 17 Mar 2016 20:05
In trading on Thursday, the iShares Latin America 40 ETF (ILF) is outperforming other ETFs, up about 6% on the day. Components of that ETF showing particular strength include shares of Itaú Unibanco Holding (ITUB), up a...
Thursday Sector Laggards: Drugs, Hospital & Medical Practitioners
Forbes - 17 Mar 2016 20:03
In trading on Thursday, drugs shares were relative laggards, down on the day by about 2.4%. Helping drag down the group were shares of Argos Therapeutics (ARGS), down about 23.8% and shares of Pernix Therapeutics Holding...
Why Policymakers Keep Doing Dumb Stuff That Doesn't Work
Forbes - 17 Mar 2016 20:00
Dodd-Frank was really meant to prevent bond traders from earning a million dollars. It has been successful, but as an unintended consequence, it has reduced liquidity.
Thursday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Metals & Mining Stocks
Forbes - 17 Mar 2016 20:00
In trading on Thursday, non-precious metals & non-metallic mining shares were relative leaders, up on the day by about 4.7%. Leading the group were shares of Companhia Siderúrgica Nacional (SID), up about 17.2% and shar...
U.S. Oil Prices Hit $40 a Barrel
Wall Street Journal - 17 Mar 2016 19:54
The U.S. oil benchmark touched $40 a barrel Thursday for the first time this year, highlighting the market's long rebound from the depths of a collapse earlier this year.
Gold Sees Follow-Through Strength, Post-FOMC; Outside Markets Also Bullish
Forbes - 17 Mar 2016 19:49
Gold prices Thursday extended Wednesday afternoon?s sharp gains, in the wake of a dovish FOMC statement.
Chad Gifford to Retire From Bank of America Board
Wall Street Journal - 17 Mar 2016 19:47
Chad Gifford, a long-serving Bank of America Corp. board member and key ally of CEO Brian Moynihan, is retiring, the bank said.
Dollar Falls Broadly After Fed's Caution Surprises
Wall Street Journal - 17 Mar 2016 19:44
The dollar extended its retreat against both major peers and emerging-market currencies on Thursday, a day after the Federal Reserve took a surprisingly dim stance on the economy.