Market News
These 7% Dividends Sell Way Below Book
Forbes - 31 Mar 2016 01:41
Legendary investor Peter Lynch was fond of saying that corporate insiders may sell their company’s shares for a variety of reasons. But there’s only one reason they buy – and that’s because they think the price i...
Drone vs. electric racing car - best 'chase' ever?
CNN - 31 Mar 2016 16:48
Mexico City's Autódromo Hermanos Rodriguez circuit has witnessed some titanic tussles down the years, but nothing ever quite like this.
MetLife: Time to Rethink That Breakup
Wall Street Journal - 31 Mar 2016 14:16
MetLife's victory in court undermines the rationale for breaking up the company.
Bond investors see best March in 17 years
livemint.com - 31 Mar 2016 21:42
Benchmark 10-year government bond has dropped 17 basis points this March, biggest fall for a 10-year bond in any March since 1999
Yellen On Interest Rates: Lower For Longer
Forbes - 31 Mar 2016 21:41
Commonwealth's CIO Brad McMillan reacts to Janet Yellen's announcement that the Fed will keep rates lower for longer.
Recession is an opportunity to build lean, thriving firms: Amit Anand
livemint.com - 31 Mar 2016 21:40
Economic downturns present less competition and make talent easily available, says the founding and managing partner of VC firm Jungle Ventures
Falling gas prices: gainers and losers
livemint.com - 31 Mar 2016 21:37
For Reliance Industries Ltd, there is a marginal negative impact, as the gas production business is currently very small and will not swing the needle
Thursday Sector Leaders: Energy, Utilities
Forbes - 31 Mar 2016 21:28
Looking at the sectors faring best as of midday Thursday, shares of Energy companies are outperforming other sectors, higher by 1.0%. Within that group, Marathon Oil Corp. (NYSE: MRO) and Southwestern Energy Company (NYS...
Markets clock best gain in March in 24 years, but will it sustain?
livemint.com - 31 Mar 2016 21:24
The Indian market has rallied after the government stuck to fiscal prudence during the Union budget for 2016-17, raising expectations of a rate cut by the central bank
Worst loss in five years for Sensex
livemint.com - 31 Mar 2016 21:10
Indian equities suffer in 2015-16 as foreign investors pull out of emerging markets in flight to safer havens
Equitas IPO: first-mover advantage
livemint.com - 31 Mar 2016 21:07
If Equitas can pull off the issue, it will end with a stronger balance sheet and position itself for the transition ahead
Jobs Report: More Workers, Happier Fed
Wall Street Journal - 31 Mar 2016 21:03
Small moves in the labor-force-participation rate could have a big impact on the unemployment rate and future monetary policy.
Why Oil and Gas Companies Are Bracing for Bad News From Banks
Wall Street Journal - 31 Mar 2016 20:32
The onset of redetermination season in the oil patch will bring bad news for dozens of energy companies as low prices lead to pared credit.
Notable Thursday Option Activity: GOOGL, NFLX, TXN
Forbes - 31 Mar 2016 20:22
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alphabet Inc (NASD: GOOGL), where a total volume of 14,962 contracts has been traded thus far today, a cont...
Daily Dividend Report: NDAQ, CHCO, MOV, MKC, IDCC
Forbes - 31 Mar 2016 20:10
Nasdaq (NDAQ) has declared a regular quarterly dividend of $0.32 per share on the company's outstanding common stock, a 28% increase from the prior $0.25 per share. The dividend is payable on June 24, 2016, to shareowner...
Gold Settles Higher On The Back Of Eroding U.S. Dollar
Forbes - 31 Mar 2016 19:39
Gold prices ended the U.S. day session moderately higher Thursday, on some bargain hunting buying interest following recent selling pressure.
Is Facebook Looking To Enter The Mobile Payments Business?
Forbes - 31 Mar 2016 19:34
Recent reports suggest that Facebook might roll out an in-store mobile payment option on its Messenger app, which the company is currently upgrading. As the social media site inches closer to the 1 billion user mark, t...
Thursday's ETF with Unusual Volume: EIS
Forbes - 31 Mar 2016 19:19
The iShares MSCI Israel Capped ETF (EIS) is seeing unusually high volume in afternoon trading Thursday, with over 136,000 shares traded versus three month average volume of about 50,000. Shares of EIS were up about 0.1...
Thursday's ETF Movers: FBT, KRE
Forbes - 31 Mar 2016 19:18
In trading on Thursday, the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Medivation ...
Thursday Sector Laggards: Precious Metals, Railroads
Forbes - 31 Mar 2016 19:16
In trading on Thursday, precious metals shares were relative laggards, down on the day by about 1%. Helping drag down the group were shares of Caledonia Mining (CALVF), down about 8.3% and shares of Comstock Mining (LO...
Thursday Sector Leaders: Biotechnology, Drugs
Forbes - 31 Mar 2016 19:15
In trading on Thursday, biotechnology shares were relative leaders, up on the day by about 3.4%. Leading the group were shares of Genocea Biosciences (GNCA), up about 25.7% and shares of Medivation (MDVN) up about 24.6...
Earnings: Pay Attention to What Companies Seek to Ignore
Wall Street Journal - 31 Mar 2016 18:52
Some of the charges companies have been excluding from pro forma results are worth ignoring. But the data suggest a great many of them aren't.