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Market News

Location American Market News for 2 May 2016
If Current Chatter About iPhone 7 Is True, Apple Shareholders Could Be In For A Lot More Pain Tim Cook, say it isn't so
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The 8 'Dogs Of The Dow' Outperformed The Average Through April In this environment the 2016 'Dogs of the Dow' have been out-performing the components of the Dow.
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AIG missed estimates with first-quarter adjusted earnings of 65 cents per share, but continued to cut expenses.
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Income from transfer of unlisted shares will be counted as capital gains The tax department is looking to reduce litigation and bring in a uniform approach to classification of income
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The New #22 Most Shorted S&P 500 Component: Garmin The most recent short interest data has been released for the 04/15/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days t...
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Valeant and Buffett: Looking Past the War of Words

Wall Street Journal - 2 May 2016 21:55
Harsh words won't further damage Valeant shareholders. Changes to earnings expectations might be a different story.
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PayPal Holdings Becomes #46 Most Shorted Nasdaq 100 Component, Replacing Netflix The most recent short interest data has been released for the 04/15/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Nasdaq 100 by "day...
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Chesapeake Energy Stock Sees Short Interest Move 11% Lower The most recent short interest data has been released for the 04/15/2016 settlement date, which shows a 16,092,365 share decrease in total short interest for Chesapeake Energy Corp. (NYSE: CHK), to 131,925,248, a decreas...
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Short Interest Falls 11% For GPS

Forbes - 2 May 2016 21:46
Short Interest Falls 11% For GPS The most recent short interest data has been released for the 04/15/2016 settlement date, which shows a 4,093,574 share decrease in total short interest for The Gap, Inc. (NYSE: GPS), to 33,442,540, a decrease of 10.91% ...
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Norwegian Cruise Line Holdings Stock Sees Short Interest Increase 15.4% The most recent short interest data has been released for the 04/15/2016 settlement date, which shows a 1,341,639 share increase in total short interest for Norwegian Cruise Line Holdings Ltd. (NASD: NCLH), to 10,026,150...
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Microchip Technology Stock Sees Short Interest Drop 11.2% The most recent short interest data has been released for the 04/15/2016 settlement date, which shows a 2,820,642 share decrease in total short interest for Microchip Technology Inc (NASD: MCHP), to 22,277,480, a decreas...
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Cintas Stock Sees Short Interest Move 11.5% Higher The most recent short interest data has been released for the 04/15/2016 settlement date, which shows a 522,643 share increase in total short interest for Cintas Corporation (NASD: CTAS), to 5,062,676, an increase of 11....
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Short Interest Declines 23.8% For SYK

Forbes - 2 May 2016 21:32
Short Interest Declines 23.8% For SYK The most recent short interest data has been released for the 04/15/2016 settlement date, which shows a 2,164,732 share decrease in total short interest for Stryker Corp. (NYSE: SYK), to 6,932,953, a decrease of 23.79% s...
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Notable Monday Option Activity: ACAD, ECL, EXPD Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Acadia Pharmaceuticals Inc (NASD: ACAD), where a total of 12,915 contracts have traded so far, representing app...
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A planned Hulu skinny bundle could help its owners keep up with changing viewing habits, but it also poses a threat to their existing businesses.
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Less leisurely at Inox Leisure in Q4

livemint.com - 2 May 2016 21:13
Less leisurely at Inox Leisure in Q4 Lower-than-expected advertising revenue and higher operating costs pulled down Inox Leisure's performance in the March quarter
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HDFC: loans cheer but operating profits don't

livemint.com - 2 May 2016 21:13
HDFC: loans cheer but operating profits don't While loan growth has motored along at a decent pace, HDFC's stand-alone operating profit growth has decelerated in recent times
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Rallis India: investor expectations run high

livemint.com - 2 May 2016 21:13
Rallis India: investor expectations run high Driving the Rallis India stock is the expectation of an earnings turnaround, helped by a good monsoon forecast and a revival in farming activity
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Monday Sector Laggards: Energy, Technology & Communications Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 0.5% loss. Within that group, Helmerich & Payne, Inc. (NYSE: HP) and Southwestern Energy Co...
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Monday Sector Leaders: Services, Financial

Forbes - 2 May 2016 21:00
Monday Sector Leaders: Services, Financial Looking at the sectors faring best as of midday Monday, shares of Services companies are outperforming other sectors, higher by 1.0%. Within that group, Wynn Resorts Ltd (NASD: WYNN) and Sysco Corp. (NYSE: SYY) are two l...
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Eli Lilly and Company (LLY) has declared a dividend for the second quarter of 2016 of $0.51 per share on outstanding common stock. The dividend is payable June 10, 2016, to shareholders of record at the close of business...
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Monday's ETF with Unusual Volume: JXI

Forbes - 2 May 2016 20:38
The iShares Global Utilities ETF (JXI) is seeing unusually high volume in afternoon trading Monday, with over 247,000 shares traded versus three month average volume of about 39,000. Shares of JXI were up about 0.8% on t...
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