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Market News

Location American Market News for 7 April 2016
Capital infusion by government key to shore up state-run banks: Amit Pandey Primary credit analyst at Standard and Poor's Amit Pandey says credit profiles and ratings of some state-run banks can come under pressure as their asset quality, capital and earnings deteriorate
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5 Dividends Set To Grow For The Next 20 Years This aging bull market in U.S. stocks turned seven last month. It’s a bit expensive and past its prime for my liking. But another “niche bull run” is kicking off right now. And no matter what happens with the broad...
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Why Tim Cook Is An Exceptional CEO

Forbes - 7 Apr 2016 22:54
Why Tim Cook Is An Exceptional CEO Forbes contributor Chuck Jones details five key factors that make Apple Inc CEO Tim Cook one of the best leaders in business.
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Sebi seeks to ease FPI regulations further

livemint.com - 7 Apr 2016 21:37
Sebi seeks to ease FPI regulations further Easing registration process will allow more foreign portfolio investors to come in directly rather than through participatory notes
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Tariff uncertainty continues for Tata Power, Adani Power Changes in Indonesian law had raised fuel costs of Tata Power's and Adani Power's UMPP plants
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Notable Thursday Option Activity: MTH, FBC, ACN Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Meritage Homes Corp (NYSE: MTH), where a total of 1,146 contracts have traded so far, representing approximatel...
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Thursday Sector Leaders: Utilities, Consumer Products In afternoon trading on Thursday, Utilities stocks are the best performing sector, losing just 0.1%. Within the sector, NRG Energy Inc (NYSE: NRG) and FirstEnergy Corp (NYSE: FE) are two large stocks leading the way, sho...
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How Bharti Airtel managed to play catch-up with Idea's valuations Bharti Airtel's superior spectrum assets will result in better growth in the data segment., say analysts
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Will Tiago tango for Tata Motors?

livemint.com - 7 Apr 2016 21:01
Will Tiago tango for Tata Motors? From a profit and loss and stock perspective, Tiago will hardly make a difference to Tata Motors, in spite of having the potential to comprise half the passenger car sales
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Pembina Pipeline (PBA) declared a common share cash dividend for April 2016 of $0.16 per share to be paid, subject to applicable law, on May 13, 2016 to shareholders of record on April 25, 2016. This dividend payment rep...
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Thursday's ETF With Unusual Volume: IHE

Forbes - 7 Apr 2016 19:39
The iShares U.S. Pharmaceuticals ETF (IHE) is seeing unusually high volume in afternoon trading Thursday, with over 234,000 shares traded versus three month average volume of about 61,000.  Shares of IHE were up about 0...
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Thursday's ETF Movers: XPH, XRT

Forbes - 7 Apr 2016 19:37
In trading on Thursday, the SPDR S&P Pharmaceuticals ETF (XPH) is outperforming other ETFs, up about 3.5% on the day.  Components of that ETF showing particular strength include shares of Relypsa (RLYP), up about 56.8% ...
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In trading on Thursday, apparel stores shares were relative laggards, down on the day by about 2.9%.  Helping drag down the group were shares of Buckle (BKE), down about 9.7% and shares of Vera Bradley (VRA) off about 8...
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Infosys shares hit 3-week low

livemint.com - 7 Apr 2016 07:35
Infosys shares hit 3-week low The stock touched a low of Rs1,164 apiece, a level last seen on 18 March
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Vodafone said to start bank selection process for India unit IPO Vodafone may sell about 10% of the India business through the share sale, people familiar with the matter said
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Valeant: Stepping Back from the Abyss

Wall Street Journal - 7 Apr 2016 18:20
A new debt deal rightly sent Valeant shares rocketing. Maintaining the stock's newfound momentum will get tougher from here.
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S&P 500 Analyst Moves: MET

Forbes - 7 Apr 2016 18:07
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, MetLife (MET) is now the #79 analyst pick, moving up by 2 spots.
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China's Currency Victory Hides Scars of War

Wall Street Journal - 7 Apr 2016 18:04
Beijing may want to declare "mission accomplished" in its war over the yuan. But the tactics it used may obfuscate the price it paid to get there.
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A feature in the world marketplace Thursday is the rally in the gold market.
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What Is the Point of the ECB Buying Corporate Debt?

Wall Street Journal - 7 Apr 2016 17:32
ECB corporate bond purchases help the central bank expand its reach, but might not boost investment.
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Noteworthy Thursday Option Activity: TSLA, TEX, GTLS Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Tesla Motors Inc (NASD: TSLA), where a total of 108,701 contracts have traded so far, representing approximatel...
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Is The Apple iPhone SE A Hit Already?

Forbes - 7 Apr 2016 17:07
Is The Apple iPhone SE A Hit Already? Could the iPhone SE already be a hit?
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