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Market News

Location American Market News for 12 April 2016

Di Grassi takes Long Beach ePrix

CNN - 12 Apr 2016 22:40
Di Grassi takes Long Beach ePrix Lucas Di Grassi put the pain of being stripped of victory at the Mexico City ePrix by taking the checkered flag in Long Beach Saturday.
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Formula E: Long Beach ePrix highlights

CNN - 12 Apr 2016 22:40
Formula E: Long Beach ePrix highlights Round six saw Abt Schaeffler driver Lucas di Grassi bounce back from the disappointment of Mexico to seize control of the drivers' championship.
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Sebi panel suggests introducing derivatives based on new commodities Sebi will frame a new set of eligibility criteria for a commodity to be used as an underlying asset in the futures market
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Is The Stock Market Rally Running Out Of Gas? The major central banks, the U.S. Fed, the ECB and the Bank of Japan have all pledged to provide liquidity as far as the eye can see. The only problem: it hasn?t worked.
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How Will The Halliburton-Baker Hughes Deal Impact Halliburton's Credit Capacity? The US Department of Justice (DoJ) filed a civil antitrust suit to block the $35 billion Halliburton-Baker Hughes deal on Wednesday, April 6th, 2016. The merger, a combination of the No. 2 and No. 3 oil services companie...
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L&T Infotech's valuation gets a reality check

livemint.com - 12 Apr 2016 21:22
L&T Infotech's valuation gets a reality check L&T Infotech's valuation estimates were far too high to begin with, necessitating the sharp cut in the issue size
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L&T Infotech refiles IPO documents with Sebi

livemint.com - 12 Apr 2016 21:10
L&T Infotech refiles IPO documents with Sebi The IT unit of Larsen and Toubro refiled its papers to cut its issue size from Rs1,800-2,000 crore to Rs1,300-1,400 crore
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3 Things To Look For During Earnings Season

Forbes - 12 Apr 2016 21:07
3 Things To Look For During Earnings Season 3 ways to handle earnings season, Right now, the market is addicted to easy money from global central banks. When the facts change, we are forced to change and stay in harmony with what is actually happening in the marke...
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Facebook and Google: The $230Billion Question

Wall Street Journal - 12 Apr 2016 21:06
Mobile-advertising growth has driven a stunning rise in the two companies' market values. But investors may be taking a glass-overflowing view.
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F1 playboy inspired Hollywood

CNN - 12 Apr 2016 21:02
F1 playboy inspired Hollywood He was a world champion on the track and world-class party animal off it -- smoking, drinking and womanizing his way into the affections of motorsport fans during the 1970s.
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Andretti: Qualifying changes 'a mistake' The U.S. racing legend is the latest name to speak out against this season's controversial rule changes in Formula One.
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Rosberg wins again as Hamilton stutters

CNN - 12 Apr 2016 21:01
Rosberg wins again as Hamilton stutters Nico Rosberg made it two F1 wins out of a possible two in 2016 as he stormed to victory at the Bahrain Grand Prix.Recent podcasts: Sanders Demands Clinton Apologize | Guns in America | Radical Islam in America
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Tata Steel sells Scunthorpe business for a song

livemint.com - 12 Apr 2016 20:58
Tata Steel sells Scunthorpe business for a song Tata Steel may have sold its European long products business, possibly for less than the price of a cup of coffee, suggest media reports
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Tuesday Sector Laggards: Technology & Communications, Consumer Products In afternoon trading on Tuesday, Technology & Communications stocks are the worst performing sector, not showing much of a gain. Within the sector, Juniper Networks Inc (NYSE: JNPR) and Autodesk Inc. (NASD: ADSK) are two...
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Noteworthy Tuesday Option Activity: AMZN, AKAM, WYNN Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Amazon.com Inc. (NASD: AMZN), where a total of 41,696 contracts have traded so far, representing approximately 4.2 m...
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Noteworthy Tuesday Option Activity: ABBV, AZO, HD Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in AbbVie Inc. (NYSE: ABBV), where a total volume of 26,450 contracts has been traded thus far today, a contra...
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Daily Dividend Report: O, FAST, GT, AOS

Forbes - 12 Apr 2016 19:39
Realty Income (O) has declared the 550th consecutive common stock monthly dividend. The dividend amount of $0.199 per share, representing an annualized amount of $2.388 per share, is payable on May 16, 2016 to shareholde...
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Tuesday's ETF with Unusual Volume: IDLV

Forbes - 12 Apr 2016 19:22
The PowerShares S&P International Developed Low Volatility Portfolio ETF (IDLV) is seeing unusually high volume in afternoon trading Tuesday, with over 1.5 million shares traded versus three month average volume of about...
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Tuesday's ETF Movers: XOP, XPH

Forbes - 12 Apr 2016 19:20
In trading on Tuesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 6.8% on the day.  Components of that ETF showing particular strength include shares of Chesapeake En...
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In trading on Tuesday, computer peripherals shares were relative laggards, down on the day by about 0.5%.  Helping drag down the group were shares of Juniper Networks (JNPR), off about 7.6% and shares of F5 Networks (FF...
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In trading on Tuesday, oil & gas exploration & production shares were relative leaders, up on the day by about 8.9%.  Leading the group were shares of Ultra Petroleum (UPL), up about 71.5% and shares of Linn Energy (LIN...
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Pharma Guidance Is Bad, Timing Is Worse

Wall Street Journal - 12 Apr 2016 18:49
Recent sales guidance from a handful of pharmaceutical companies comes at a particularly bad time.
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