Market News
First quarter M&A activity at its highest since 2012
livemint.com - 26 Apr 2016 17:29
The construction sector was the most active in terms of deal-making and accounted for 43% of the value of all the deals closed
Post-it notes maker 3M's profit beats estimates on lower costs
CNBC - 26 Apr 2016 14:13
Diversified manufacturer 3M reported a higher-than-expected 6.6 percent rise in quarterly profit, helped by lower costs.
Facebook: Why This Tech Giant Is Different
Wall Street Journal - 26 Apr 2016 23:37
Even amid high expectations, Facebook still offers a lot to like ahead of Wednesday's quarterly results.
Chipotle same-store sales plummet 30% in Q1; shares fall
CNBC - 26 Apr 2016 23:04
Chipotle Mexican Grill is expected to report its first-quarter results after the bell Tuesday.
Panera beats Street 1Q forecasts
CNBC - 26 Apr 2016 22:49
SAINT LOUIS, Mo. _ Panera Bread Co. on Tuesday reported first-quarter net income of $35.1 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.50 per share. Eleven ana...
Twitter sinks 12% on revenue miss, guidance
CNBC - 26 Apr 2016 22:40
Twitter on Tuesday posted mixed quarterly results and gave sales guidance that fell well short of Wall Street's expectations.
Buffalo Wild Wings misses on forecasts
CNBC - 26 Apr 2016 22:19
On a per-share basis, the Minneapolis-based company said it had profit of $1.73.
Sebi slapped with Rs75 crore service tax demand
livemint.com - 26 Apr 2016 22:01
The first notice came in March 2015 when the regulator had said it was exempt from the tax under the Sebi Act
Banks Are Falling Back in Love With Mortgages
Wall Street Journal - 26 Apr 2016 21:29
U.S. banks are making more mortgage loans, and keeping the biggest mortgages on their books.
Hindalco's Aditya Birla Minerals sale pleases investors
livemint.com - 26 Apr 2016 21:10Sebi seeks external help to frame rules for high frequency trading
livemint.com - 26 Apr 2016 21:08
In 2015-16, HFT orders as percentage of overall orders in cash equity are up to 94%; in 2011-12, they were at 65%
Parag Milk to launch IPO on 4 May to raise Rs300 crore
livemint.com - 26 Apr 2016 21:00The journey of the India premium in the last two years
livemint.com - 26 Apr 2016 20:54Tuesday Sector Leaders: Energy, Materials
Forbes - 26 Apr 2016 20:33
In afternoon trading on Tuesday, Energy stocks are the best performing sector, up 2.0%. Within that group, Southwestern Energy Company (NYSE: SWN) and Pioneer Natural Resources Co (NYSE: PXD) are two of the day's stand-o...
Not Even Acquisition Justifies Cornerstone OnDemand's Valuation
Forbes - 26 Apr 2016 20:15
Companies with long histories of profit losses often attempt to sell investors on their plans to “reach scale.” But, what happens when a company reaches scale and profits remain elusive? Profitless since going public...
China Unicom's Q1 Revenues Decline On Lower Product Sales And Recent Subscriber Losses
Forbes - 26 Apr 2016 19:55
China Unicom, the second largest Chinese wireless carrier, published its financial and operational indicators for Q1 2016 last week, posting a year-over-year decline in revenues and profitability, amid lower product sale...
Tuesday 4/26 Insider Buying Report: NKE
Forbes - 26 Apr 2016 19:40
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.
Potential Improvement in Ad Business May Ease Off Investor Concerns Regarding Viacom
Forbes - 26 Apr 2016 19:34
Advertising business constitutes nearly 40% of Viacom’s revenue. There is evidence that some of the big corporations are increasing their TV ad budgets. This, coupled with slight improvement in VH1’s ratings, could l...
Noteworthy Tuesday Option Activity: UPS, AAPL, FB
Forbes - 26 Apr 2016 19:29
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in United Parcel Service Inc (NYSE: UPS), where a total of 40,310 contracts have traded so far, representing approximat...
Daily Dividend Report: IBM, UTX, EXC, SUN, DD
Forbes - 26 Apr 2016 19:17
The IBM board of directors today declared a regular quarterly cash dividend of $1.40 per common share, payable June 10, 2016 to stockholders of record as of May 10, 2016. Today's dividend declaration represents an increa...
Tuesday's ETF with Unusual Volume: ARGT
Forbes - 26 Apr 2016 19:06
The MSCI Argentina ETF (ARGT) is seeing unusually high volume in afternoon trading Tuesday, with over 274,000 shares traded versus three month average volume of about 55,000. Shares of ARGT were up about 1.7% on the day.
Can Beef Jerky Solve Hershey's Chocolate Problem?
Forbes - 26 Apr 2016 18:53
Hershey is pushing into snacks like dried meat bars in an attempt to drive growth.