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Market News

Location American Market News for 29 March 2016

Google: Scaling Ahead of Cloud Burst

Wall Street Journal - 29 Mar 2016 20:20
Signs of spending discipline help ahead of what could be an expensive push into the cloud business.
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The United States is the world’s leading military space power. But the future of that status is not assured in an era characterized by a return to great power competition, which is reflected also in the counterspace ra...
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Opening Bell | Asian shares open lower; ONGC, Gammon India in news US data showed signs of weakness, with consumer spending barely rising last month and inflation retreating
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70% of P-Notes come via Singapore, Mauritius

livemint.com - 29 Mar 2016 21:42
70% of P-Notes come via Singapore, Mauritius Some 36.5% of the total offshore derivative instruments have been channelled through Singapore and 30% through Mauritius
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BSE aims for up to Rs800 crore IPO this year

livemint.com - 29 Mar 2016 21:08
BSE aims for up to Rs800 crore IPO this year The stock exchange is working on regulatory aspects of the IPO; the draft share-sale prospectus is expected to be filed before end of April-June quarter
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Forex borrowings by firms in FY16 set to be lowest in five years External commercial borrowings totalled $22.85 billion in the first 11 months of fiscal 2016
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Paychex Gives Sneak Peek at Jobs Report

Wall Street Journal - 29 Mar 2016 20:59
Payroll-services firm Paychex's quarterly report and views on the economy will offer a glimpse into Friday's jobs report.
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Yahoo Board Finally Getting Serious About a Sale

Wall Street Journal - 29 Mar 2016 20:54
A looming proxy fight may be having a desired effect on Yahoo's board.
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USFDA observations sell trigger for pharma investors

livemint.com - 29 Mar 2016 20:46
USFDA observations sell trigger for pharma investors Mention a pharma company's name, USFDA and observations in the same breath and investors don't wait to ask questions
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Tuesday Sector Leaders: Healthcare, Technology & Communications The best performing sector as of midday Tuesday is the Healthcare sector, higher by 1.3%. Within that group, Tenet Healthcare Corp. (NYSE: THC) and Mylan NV (NASD: MYL) are two of the day's stand-outs, showing a gain of ...
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Nasdaq 100 Movers: SWKS, TRIP

Forbes - 29 Mar 2016 16:21
In early trading on Tuesday, shares of Tripadvisor (TRIP) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 1.8%. Year to date, Tripadvisor has lost about 25.3% of its value.
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Crazy Markets Can Build Great Retirements

Forbes - 29 Mar 2016 20:07
If you're like most retirement investors, you probably spent much of the last several years ignoring the stock market. Good for you. Crazy markets are stressful.
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Gold prices shot solidly higher and to the daily high in midday trading Tuesday, in the immediate aftermath of the release of prepared remarks from Federal Reserve Chair Janet Yellen's speech to the Economic Club of New ...
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The TJX Companies (TJX) has raised the amount of its quarterly dividend by 24% from the last dividend paid. The Board declared a regular quarterly dividend in the amount of $.26 per share, payable June 2, 2016, to shareh...
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How Have Postpaid Subscriber Bases Of The Big Four U.S. Carriers Trended Over The Last 5 Years? Postpaid phone subscribers represent the most valuable type of customers for wireless carriers, on account of their higher ARPUs and lower churn rates compared to prepaid subscribers. Below, we take a look at how the pos...
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Coming in at $135 billion between January and the end of March, private equity fundraising will set a first quarter, post-financial crisis record, according to preliminary estimates from Triago, the private equity fund a...
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Tuesday's ETF with Unusual Volume: FEX

Forbes - 29 Mar 2016 19:37
The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) is seeing unusually high volume in afternoon trading Tuesday, with over 840,000 shares traded versus three month average volume of about 298,000. Shares of FEX were ...
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Tuesday's ETF Movers: GDXJ, KRE

Forbes - 29 Mar 2016 19:35
In trading on Tuesday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 3.4% on the day. Components of that ETF showing particular strength include shares of Seabridge Gold (SA), up about 5.7% and ...
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In trading on Tuesday, music & electronics stores shares were relative laggards, down on the day by about 3.1%. Helping drag down the group were shares of Conns (CONN), down about 22.3% and shares of hhgregg Indiana (HGG...
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Recently, Twitter‘s live broadcasting platform “Periscope” reached its first anniversary, a year in which it witnessed strong growth in activity. Over 200 million broadcasts were created on the platform in the past...
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In trading on Tuesday, precious metals shares were relative leaders, up on the day by about 3.2%. Leading the group were shares of Golden Star Resources (GSS), up about 8.2% and shares of DRDGOLD (DRD) up about 7.2% on t...
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The Tech Revolution Comes of Age

Forbes - 29 Mar 2016 18:50
This article was originally published at Stratfor.com. 
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