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Market News

Location American Market News for 5 April 2016

US stocks slip on IMF warning on world economy

livemint.com - 5 Apr 2016 16:47
US stocks slip on IMF warning on world economy Dow Jones industrial average loses 0.3%, Standard & Poor's 500 falls 0.7%
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Of market corrections and correlations

livemint.com - 5 Apr 2016 22:34
Of market corrections and correlations Investors were excited about the government's decision to stay with the fiscal consolidation road map it had set last year
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Climate Change Risk To Water Supply Spurs Investment In Water Stocks On Fox Business last week, Graham and Buffett-style investor Mario Gabelli (Trades, Portfolio), CEO of GAMCO Investors, said he was optimistic about the U.S. economy and listed water as a sector in which he had particula...
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Halliburton-Baker Hughes Deal: Time and Justice Take a Toll

Wall Street Journal - 5 Apr 2016 22:06
Halliburton and Baker-Hughes are worse for wear now that their merger is likely to be blocked by the Justice Department.
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Sadly, there are no widows-and-orphans stocks in the investment universe as there were in the early 1950s. Then, stocks yielded more than bonds. Wall Street awaited the deep postwar recession around the corner, but it ne...
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Equitas Holdings IPO subscribed 9% on Day 1

livemint.com - 5 Apr 2016 21:48
Equitas Holdings IPO subscribed 9% on Day 1 Of its targeted proceeds, Equitas raised Rs652.18 crore on Monday by allotting 59.28 million shares to 16 DIIs
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Why Things Are Looking Up for Risky Assets

Wall Street Journal - 5 Apr 2016 20:52
Minutes from the Fed's most recent meeting will likely show a cautious approach. That should bode well for risky assets.
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Tuesday Sector Leaders: Industrial, Materials Looking at the sectors faring best as of midday Tuesday, shares of Industrial companies are outperforming other sectors, losing just 0.6%. Within that group, Raytheon Co. (NYSE: RTN) and W.W. Grainger Inc. (NYSE: GWW) ar...
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How To Get In On The Big Money In Sports

Forbes - 5 Apr 2016 20:06
How To Get In On The Big Money In Sports The late David Halberstam, the best-selling author and Pulitzer Prize-winning journalist, relayed an interesting story in “Playing for Keeps,” his authoritative biography of Michael Jordan published in 1997. Seeking ...
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The New HP Way: How Thin, Pricey Laptops Compute

Wall Street Journal - 5 Apr 2016 19:42
Stylish premium laptops are a bright spot in sluggish PC market.
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How Has Altria's Shipment Volume, By Brand, Changed Over The Past 3 Years? For 2015, Altria was able to increase its total smokable products reported shipment volume by 0.5% versus 2014. This rise was due to a moderation in the industry’s decline rate and retail share gains. The company was a...
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When LinkedIn acquired the online learning portal Lynda.com at a valuation of $1.5 billion last year, the company expected the business to generate nearly $90 million in revenues for that year. While we estimate that thi...
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To the Future President of the United States This article was originally published at Stratfor.com. 
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Navient (NAVI) approved a 2016 second quarter dividend of $0.16 per share on the company's common stock.
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Tuesday's ETF with Unusual Volume: IPU

Forbes - 5 Apr 2016 18:59
The SPDR S&P International Utilities Sector ETF (IPU) is seeing unusually high volume in afternoon trading Tuesday, with over 582,000 shares traded versus three month average volume of about 30,000. Shares of IPU were of...
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Tuesday's ETF Movers: FBT, DWX

Forbes - 5 Apr 2016 18:57
In trading on Tuesday, the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of Intercept Phar...
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Allergan's Inversion Problem: There Is a Plan B

Wall Street Journal - 5 Apr 2016 18:56
New tax rules have Allergan shares reeling, but investors don't have to be permanently disappointed.
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In trading on Tuesday, music & electronics stores shares were relative laggards, down on the day by about 2.9%. Helping drag down the group were shares of hhgregg (HGG), down about 7.6% and shares of Conns (CONN) down ab...
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In trading on Tuesday, precious metals shares were relative leaders, up on the day by about 2.4%. Leading the group were shares of Compania de Minas Buenaventura (BVN), up about 7.6% and shares of Seabridge Gold (SA) up ...
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S&P 500 Analyst Moves: RTN

Forbes - 5 Apr 2016 17:58
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Raytheon (RTN) is now the #27 analyst pick, moving up by 2 spots.
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The Bank of Portugal's treatment of Novo Banco bonds highlights the complexities of fixing failing banks.
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With Staggs Out, Disney Investors Left Wondering Why Bob Iger's Succession Plan Fell Apart Disney surprised investors on Monday by announcing the departure of its chief operating officer and heir apparent Thomas Staggs, throwing into question who will lead the House of Mouse.
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