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Market News

Location American Market News for 25 April 2016
Gold Extends Early Gains Amid Bullish 'Outside Markets' Gold prices are higher and trading near the daily high in late-morning dealings Monday.
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Perrigo's Pain Isn't Just About Valeant

Wall Street Journal - 25 Apr 2016 22:33
Perrigo's guidance cut should be a concern for investors throughout the generic drug industry.
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Tribune-Gannett Deal: Cash Is the Best Paper

Wall Street Journal - 25 Apr 2016 22:01
Tribune Publishing shareholders should welcome a Gannett takeover.
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GES Breaks Above 5% Yield Territory

Forbes - 25 Apr 2016 21:30
GES Breaks Above 5% Yield Territory Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of GUESS ?, Inc. (NYSE: GES) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.90), with the st...
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Notable Monday Option Activity: MCD, AKRX, ISRG Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in McDonald's Corp (NYSE: MCD), where a total volume of 26,683 contracts has been traded thus far today, ...
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UltraTech: profit up, but concerns on sustainable cement demand persist To be sure, UltraTech is ready to take advantage of a rebound in demand that will eventually happen
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Occidental Petroleum (OXY) Shares Cross 4% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Occidental Petroleum Corp (NYSE: OXY) were yielding above the 4% mark based on its quarterly dividend (annualized to $3.00),...
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Large orders remain elusive at ABB India

livemint.com - 25 Apr 2016 21:13
Large orders remain elusive at ABB India Overall, short-cycle orders and strong execution helped ABB India post double-digit revenue growth
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Cairn India: waiting for higher crude oil prices

livemint.com - 25 Apr 2016 20:57
Cairn India: waiting for higher crude oil prices News on the production front is not encouraging. Cairn India's average daily working interest (share in various fields) production declined 5% year-on-year last quarter
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The Bear Market Rally Is Just 'Smoke And Mirrors' The bounce since February so far is nothing but a bear market rally based on the rise in oil prices.
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Monday Sector Laggards: Energy, Healthcare

Forbes - 25 Apr 2016 20:33
Monday Sector Laggards: Energy, Healthcare Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 2.2% loss. Within that group, Transocean Ltd. (NYSE: RIG) and Cabot Oil & Gas Corp. (NYSE: ...
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Noteworthy Monday Option Activity: RRC, MMM, USB Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Range Resources Corp (NYSE: RRC), where a total of 29,617 contracts have traded so far, representing approximately 3...
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PacWest Bancorp Named Top Dividend Stock With Insider Buying and 4.98% Yield (PACW) 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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Gold Sees Corrective Bounce, Helped By Weaker U.S. Dollar Gold prices ended the U.S. day session moderately higher Monday.
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Why Goldman's Long-Term Quarterly Results Could Look A Lot Like Those For Q1 Goldman Sachs reported notably poor results for the first quarter of the year on Tuesday, April 19th, as the premier investment bank witnessed a sharp year-on-year reduction in revenues for each of its operating division...
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Recently, Dish Network launched a new beta version of its internet TV service, Sling TV, which allows subscribers to watch up to three streams simultaneously and includes sports, entertainment and local programming conte...
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As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
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Chipotle Deserves Another Chance

Wall Street Journal - 25 Apr 2016 19:25
Chipotle's shares have fallen too far following E. coli and other health-related incidents; why the stock is due for a rebound.
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Formula E falls in love with Paris

CNN - 25 Apr 2016 19:11
Formula E falls in love with Paris Paris has plenty of world-famous landmarks but it can now add a Formula E race to its list of attractions.
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Paris ePrix: 'It's the racing of the future' The weather was overcast and chilly, but Formula E received a very warm welcome from fans supporting the first-ever electric car race in the French capital. The landmark race took place on the streets surrounding the fam...
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Monday's ETF with Unusual Volume: DLN

Forbes - 25 Apr 2016 18:33
The WisdomTree LargeCap Dividend Fund ETF (DLN) is seeing unusually high volume in afternoon trading Monday, with over 211,000 shares traded versus three month average volume of about 82,000. Shares of DLN were off about...
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Holly Energy Partners (HEP) has declared a cash distribution of $0.575 per unit for the first quarter of 2016, a 7.0% increase compared to the $0.5375 per unit distribution declared for the first quarter of 2015. Today's...
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