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Market News

Location American Market News for 6 April 2016
Comparing Apple To Samsung In The Indian Cellular Market Is Silly Apple products are a status symbol in India
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Notable Wednesday Option Activity: LB, ENR, EBAY Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in L Brands, Inc (NYSE: LB), where a total of 7,091 contracts have traded so far, representing approximately 709,1...
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Soup's On for ConAgra Investors

Wall Street Journal - 6 Apr 2016 21:24
A more focused ConAgra and an attractive valuation look appetizing ahead of its fiscal third-quarter results.
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LIC may invest Rs2.7 trillion in capital markets this fiscal year Of this, about Rs68,000 crore is likely to be invested in the equity markets in keeping with LIC's investment pattern
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Coal India: waiting for price hikes

livemint.com - 6 Apr 2016 20:51
Coal India: waiting for price hikes Potential price hikes and news flow surrounding that will act as a trigger for the stock from a near-term perspective
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Verizon and AT&T: Swimming in Different Video Streams

Wall Street Journal - 6 Apr 2016 20:47
Verizon's purchase of a stake in AwesomenessTV reflects a very different mobile-video strategy than AT&T's.
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Successful Options Traders Understand The Secret To Success: Liquidity Professional Options Traders use numerous methods to evaluate the worthiness of a prospective trade. A laundry list of tools is evaluated in anticipation of establishing a trade which will provide an excellent rate of r...
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Wednesday Sector Laggards: Utilities, Industrial In afternoon trading on Wednesday, Utilities stocks are the worst performing sector, showing a 0.5% loss. Within the sector, NRG Energy Inc (NYSE: NRG) and Duke Energy Corp (NYSE: DUK) are two of the day's laggards, show...
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Wednesday Sector Leaders: Healthcare, Energy In afternoon trading on Wednesday, Healthcare stocks are the best performing sector, up 2.4%. Within that group, Vertex Pharmaceuticals, Inc. (NASD: VRTX) and Celgene Corp. (NASD: CELG) are two large stocks leading the w...
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Constellation declared a quarterly cash dividend of $0.40 per share of Class A Common Stock and $0.36 per share of Class B Common Stock, payable on May 24, 2016, to stockholders of record as of the close of business on M...
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Can The iPad Pro Revive Apple's iPad Franchise? Apple‘s iPad business has been struggling, with revenues falling by about 36% over the last three years, underperforming the broader tablet market. However, Apple appears to be tweaking its tablet strategy with the int...
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How Have Debt Origination Deal Volumes For U.S. Investment Banks Changed In The Last 5 Quarters? The seasonal debt origination industry reported healthy deal volumes for Q1 2016. Although activity levels for the overall industry improved over what was seen a year ago, the five largest U.S. banks saw a reduction in t...
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Does PepsiCo Need A CEO Succession Plan?

Forbes - 6 Apr 2016 19:34
Recently, PepsiCo announced that Tom Geco, CEO of its Frito-Lay North America division, will be leaving the company to pursue other interests. Al Carey will be promoted as CEO- North America to oversee FLNA, along with t...
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Wednesday's ETF Movers: XBI, XLU

Forbes - 6 Apr 2016 19:06
In trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 5.2% on the day. Components of that ETF showing particular strength include shares of Anacor Pharmaceuticals (ANAC), up about ...
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In trading on Wednesday, trucking shares were relative laggards, down on the day by about 0.8%. Helping drag down the group were shares of Universal Truckload Services (UACL), down about 3.1% and shares of USA Truck (USA...
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In trading on Wednesday, oil & gas exploration & production shares were relative leaders, up on the day by about 5.1%. Leading the group were shares of Ultra Petroleum (UPL), up about 38.2% and shares of Ocean Rig UDW (O...
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Biotechs Trying To Bottom And That's Bullish For The Market Biotech stocks trying to bottom, For the past few years, biotech stocks have been one of the strongest areas of the market. Last August, they topped out and have been in a virtual free-fall since. Since the Feb 11th low,...
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Noteworthy Wednesday Option Activity: HUN, CELG, PII Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Huntsman Corp (NYSE: HUN), where a total of 17,770 contracts have traded so far, representing approximately 1.8...
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The Fed's Next Rate Steps: Connecting the Dots

Wall Street Journal - 6 Apr 2016 17:46
Uncover whose dot is whose in the Federal Reserve's dot plot, and the case for just two rate increases this year gets stronger.
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S&P 500 Analyst Moves: ALXN

Forbes - 6 Apr 2016 17:46
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Alexion Pharmaceuticals (ALXN) is now the #59 analyst pick, moving up by 2 spots.
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Congress Must Amend the Federal Reserve Act Before the Next Recession When there is another recession, the Federal Reserve is going to cut rates back to 0% and will likely enter into another round of aggressive quantitative easing.
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Equitas Holdings IPO subscribed 38% on Day 2

livemint.com - 6 Apr 2016 17:30
Equitas Holdings IPO subscribed 38% on Day 2 Equitas Holdings IPO received bids for 5,26,20,030 shares as against the total issue size of 13,91,91,802, data available with NSE till 1700 hours showed
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