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Market News

Location American Market News for 11 April 2016
3 Strong Asian Stocks With Solid Business Performance The Chinese economy has slumped over the past year, setting off a ripple effect throughout the Asian markets. The People's Bank of China has reduced interest rates six times since 2014, and profits reported for listed co...
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Alcoa's Revenue Drops 15% Amid Decline In Aluminum Prices Alcoa posted mixed first quarter results on Monday as it continues to reel from the steep decline in aluminum prices.
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Dillard's Enters Oversold Territory (DDS)

Forbes - 11 Apr 2016 22:36
Dillard's Enters Oversold Territory (DDS) Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indi...
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Municipal Star Wars: A Disturbance In The Force Okay, I admit it. I am an ardent Star Wars fan. Maybe it’s the classic, archetypal story lines. Maybe it’s just the memory of those campy sci-fi weekly serial movies I remember watching as a kid now coming to full ma...
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Plains All American Pipeline Named Top Dividend Stock With Insider Buying And 12.99% Yield (PAA) In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
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Yahoo: Verizon Is Still the Bidder to Beat

Wall Street Journal - 11 Apr 2016 21:51
Yahoo may be attracting attention from a number of potential buyers, but Verizon has the heft to guarantee itself a win.
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Noteworthy Monday Option Activity: DVAX, DNKN, DAL Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dynavax Technologies Corp (NASD: DVAX), where a total of 4,350 contracts have traded so far, representing appro...
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Notable Monday Option Activity: ECOM, AAPL, BLDR Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ChannelAdvisor Corp (NYSE: ECOM), where a total volume of 1,592 contracts has been traded thus far tod...
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Bullish On Seabridge Gold, Bearish On Godaddy Long: Seabridge Gold (SA) - The long-term thesis for Seabridge Gold (SA) is that, based on proven and probable reserves, it owns the world’s largest undeveloped gold and copper project, Kerr-Sulphurets-Mitchell, and th...
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Another painful quarter for banks

livemint.com - 11 Apr 2016 21:21
Another painful quarter for banks For public sector banks, it would be worthwhile to see how much of the restructured book has come down owing to the implementation of project UDAY (Ujwal Discom Assurance Yojana)
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Railroad Operator CSX Keeps Chugging Along

Wall Street Journal - 11 Apr 2016 21:18
After a tough 18 months, CSX looks poised for clearer track ahead, beginning with Tuesdays' earnings report.
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Earnings Season: Time to Tweak Warren Buffett's Maxim

Wall Street Journal - 11 Apr 2016 21:07
Amid an overall earnings slowdown, investors need to be sure companies aren't stepping out of bounds to prop up results.
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Oil firms: what will the March quarter offer?

livemint.com - 11 Apr 2016 21:02
Oil firms: what will the March quarter offer? In keeping with subdued oil prices, earnings of upstream oil companies--Oil and Natural Gas Corp. Ltd (ONGC), Oil India Ltd and Cairn India Ltd--are expected to disappoint
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Procter & Gamble (PG) declared an increased quarterly dividend of $0.6695 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after May 16...
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Monday Sector Laggards: Healthcare, Consumer Products The worst performing sector as of midday Monday is the Healthcare sector, showing a 0.5% loss. Within the sector, Endo International plc (NASD: ENDP) and Allergan PLC (NYSE: AGN) are two of the day's laggards, showing a ...
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Monday Sector Leaders: Materials, Financial

Forbes - 11 Apr 2016 20:34
Monday Sector Leaders: Materials, Financial Looking at the sectors faring best as of midday Monday, shares of Materials companies are outperforming other sectors, higher by 1.0%. Within that group, Newmont Mining Corp (NYSE: NEM) and Freeport-McMoran Copper & Gold...
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Monday's ETF with Unusual Volume: SIL

Forbes - 11 Apr 2016 20:18
The Silver Miners ETF (SIL) is seeing unusually high volume in afternoon trading Monday, with over 248,000 shares traded versus three month average volume of about 101,000.  Shares of SIL were up about 5.9% on the day.
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Monday's ETF Movers: GDXJ, XBI

Forbes - 11 Apr 2016 20:17
In trading on Monday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 6.3% on the day.  Components of that ETF showing particular strength include shares of Primero Mining (PPP), up about 10.6% a...
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Sebi advised to enhance cyber security, ease fund-raising norms Sebi also advised to improve monitoring of regulatory compliances
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How Has Postpaid Churn Of The Major U.S. Wireless Carriers Trended In Recent Years? Subscriber churn is one of the most closely watched metrics in the wireless industry, as it is a measure of a carrier’s customer retention and loyalty. It has become even more important in recent years, given that the ...
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In trading on Monday, hospital & medical practitioners shares were relative laggards, down on the day by about 1.2%.  Helping drag down the group were shares of Adeptus Health (ADPT), off about 7.6% and shares of Surger...
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In trading on Monday, precious metals shares were relative leaders, up on the day by about 6.2%.  Leading the group were shares of Timmins Gold Corporation (TGD), up about 13.9% and shares of Primero Mining Corporation ...
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