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Market News

Location American Market News for 22 March 2016
Top local car maker Geely isn't competitive in its home market and is exposed to troubled international markets.
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In Twin Cities, How Many Stadiums Are Enough?

Wall Street Journal - 22 Mar 2016 12:34
The Twin Cities of Minneapolis and St. Paul have been an epicenter of the U.S. stadium-and-arena boom, rolling out five major sports facilities since 1990 that together cost more than $2 billion. Now the neighboring citi...
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Is Valeant Pharmaceuticals Done Or Does Hope Lie In The Assets? A rush for the exits too soon?
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Ex-Dividend Reminder: Deutsche Bank Contingent, Dollar General and Vail Resorts Looking at the universe of stocks we cover at Dividend Channel, on 3/24/16, Deutsche Bank Contingent Capital (NYSE: DKT), Dollar General Corp (NYSE: DG), and Vail Resorts Inc. (NYSE: MTN) will all trade ex-dividend for t...
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Nike shares slide 6% on mixed earnings

CNBC - 22 Mar 2016 23:55
The sportswear giant beat expectations with earnings of 55 cents per share, but its $8.03 billion in revenue disappointed Wall Street.
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Nike Profit Jumps 20% Even As Currency Headwinds Persist Nike's profit rose by double digits in the third quarter, topping Wall Street estimates.
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Govt's reliance on regressive indirect taxes is increasing The chart shows that the share of direct taxes as a proportion of gross tax revenues of the central government has been coming down since 2013-14
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Colgate's brush with Patanjali

livemint.com - 22 Mar 2016 22:30
Colgate's brush with Patanjali Excessive reliance on oral care was always a risk for Colgate-Palmolive, but Patanjali's emergence as a formidable competitor brings this risk to the fore
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Bright Spot in Energy: Oil Traders Book Record Profits

Wall Street Journal - 22 Mar 2016 22:28
Businesses that move oil and gasoline around the globe are benefiting from volatility in crude prices.
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Current account numbers imply lower savings rate in economy The expectation was that higher real interest rates would pull up savings, but that doesn't seem to be happening
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Amazon and Biotech Are Ruining the Year for the Nasdaq

Wall Street Journal - 22 Mar 2016 22:15
The stock-market rally has left the Nasdaq behind. More than half of its decline so far this year can be attributed to 10 companies of the composite's roughly 2,600 components.
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SunEdison: How Investors Can Part the Clouds

Wall Street Journal - 22 Mar 2016 21:38
As signs mount that SunEdison's crisis is growing more acute, investors should consider the opportunity in TerraForm Power and TerraForm Global.
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General Mills Stock: Too Sugary for Investors

Wall Street Journal - 22 Mar 2016 21:14
General Mills is fighting fierce regulatory battles and trying to turn around declining cereal sales, all while sporting a hefty valuation.
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Tuesday Sector Laggards: Consumer Products, Services In afternoon trading on Tuesday, Consumer Products stocks are the worst performing sector, showing a 0.5% loss. Within that group, Royal Caribbean Cruises Ltd. (NYSE: RCL) and Leucadia National Corp. (NYSE: LUK) are two ...
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IRS Offers $10,000 Prize in 'Crowdsourcing Challenge'

Wall Street Journal - 22 Mar 2016 20:29
Have a good idea for making interactions with the IRS less grim? It could be worth $10,000.
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Why Health Insurers Are the New 800-Pound Gorillas

Wall Street Journal - 22 Mar 2016 20:22
Anthem's lawsuit against Express Scripts highlights that health-insurer consolidation is a worry for health-care stocks.
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iPhone SE Could Be One Of Apple's Least Profitable Handsets Apple launched a new 4” smartphone dubbed the iPhone SE as it looks to stay relevant in the mid-range of the smartphone market. The new device is visually similar to the iPhone 5S, although its innards have been largel...
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Daily Dividend Report: SEE, O, WDFC, SFBS

Forbes - 22 Mar 2016 19:49
Sealed Air Corporation (SEE) has declared a 23 percent increase in the Company's quarterly cash dividend. The quarterly cash dividend will increase from $0.13 per common share to $0.16 per common share. The dividend is p...
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Global Stocks Fall After Fatal Blasts Hit Brussels Investors fled to safety after a series of attacks rocked Brussels on Tuesday.
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Oil Rally: Is This The Real Deal, Or Is A New Bottom On The Way? Did crude oil just bottom? Since late 2014, oil prices have been in a very steep bear market. During that time, oil has plunged over 75% which is not an insignificant sum for a major global commodity.
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Recently Viacom announced that it had entered into a multi-year partnership with ComScore which will give it access to ComScore’s measurement tools across TV, video on demand, digital and over-the-top environments. Via...
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Valeant's Plunge Ripples Down Main Street

Wall Street Journal - 22 Mar 2016 19:25
More than 50 companies have offered Sequoia Fund, whose largest holding is Valeant, as an investment option in their employee savings plans. The fund's performance has been dented by a 70% slide in the drugmaker's stock ...
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