Market News
Tesla pops 4% on results, production outlook
CNBC - 4 May 2016 23:07
Tesla met Wall Street's quarterly estimates and said it moved up its 500,000 unit build target by two years because of Model 3 demand.
Whole Foods Market up after it beats on earnings per share, misses on revenue
CNBC - 4 May 2016 22:51
Whole Foods Market posted an earnings beat Wednesday on the back of record total sales for the quarter.
Fitbit's Revenue Jumps 50% As New Wearables Catch On
Forbes - 4 May 2016 22:37
However, investors dumped the stock on weak guidance.
Walking Into Skechers For Growth And Value
Forbes - 4 May 2016 21:47
Investors have overreacted to one bad quarter, and many still seem skeptical of management, but the stock has dropped over 50% in the past eight months, and even if growth slows dramatically and margins shrink, the stock...
CBS and Time Warner: Fitting Into Skinny Bundles
Wall Street Journal - 4 May 2016 21:38
The future of pay TV is smaller bundles of channels--even the owners of the channels are acknowledging as much. But even if Big Media is trying to embrace the trend of the so-called skinny bundle, it will mean leaner tim...
GoPro: The Bottom Isn't Coming Into Focus
Wall Street Journal - 4 May 2016 21:33
GoPro hasn't come close to achieving mainstream popularity, a flaw that will be exposed in its first-quarter results on Thursday.
Slower expansion in private sector in April
livemint.com - 4 May 2016 21:30
The survey of purchasing managers shows that slower increases in activity were seen at both goods producers and services providers.
Shoppers Stop: see-saw demand
livemint.com - 4 May 2016 21:18Top Buys by Directors: Blair's $199.4K Bet on PHM
Forbes - 4 May 2016 21:04
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
Putting the Squeeze on Profits
Wall Street Journal - 4 May 2016 20:45
Low productivity is cutting into companies' profit margins. It's a problem that they helped sow.
Wednesday Sector Leaders: Utilities, Services
Forbes - 4 May 2016 20:34
In afternoon trading on Wednesday, Utilities stocks are the best performing sector, up 1.1%. Within the sector, NRG Energy Inc (NYSE: NRG) and WEC Energy Group Inc (NYSE: WEC) are two large stocks leading the way, showin...
Wednesday Sector Laggards: Energy, Industrial
Forbes - 4 May 2016 20:34
Looking at the sectors faring worst as of midday Wednesday, shares of Energy companies are underperforming other sectors, showing a 1.9% loss. Within the sector, Devon Energy Corp. (NYSE: DVN) and Marathon Petroleum Corp...
Noteworthy Wednesday Option Activity: FDX, YHOO, AET
Forbes - 4 May 2016 20:29
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in FedEx Corp (NYSE: FDX), where a total of 5,525 contracts have traded so far, representing approximately 552,500 unde...
Key Takeaways From Sprint's Q4 Results
Forbes - 4 May 2016 20:14
Sprint , the fourth largest U.S. wireless carrier, posted a better-than-expected set of adjusted Q4 FY 2015 earnings, driven by its recent phone subscriber gains and operating cost reductions. Below, we take a look at ...
Gold Down On More Profit Taking, Bearish Outside Markets
Forbes - 4 May 2016 20:05
Gold prices ended the U.S. day session solidly lower Wednesday, on follow-through selling and more profit-taking pressure from Tuesday's declines.
Can Hulu's New Offering Threaten Netflix?
Forbes - 4 May 2016 19:54
While more than 75% of Netflix subscribers believe that it will replace traditional TV, the company’s competitor Hulu, is planning to launch a live TV streaming service, according to recent reports. Hulu is planning to...
Noteworthy Wednesday Option Activity: AMZN, JWN, ICE
Forbes - 4 May 2016 19:26
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Amazon.com Inc. (NASD: AMZN), where a total volume of 37,338 contracts has been traded thus far today, a co...
S&P 500 Headed 12% Higher, If Analysts Got The Components Right
Forbes - 4 May 2016 19:25
The financial media loves to get predictions from experts about where they think the S&P 500 index is headed. Some experts look at technical analysis patterns, others look at valuation metrics, others apply a broad macro...
Look Under The Hood: XLY Has 12% Upside
Forbes - 4 May 2016 18:58
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weigh...
Sum Up The Pieces: SPYG Could Be Worth $113
Forbes - 4 May 2016 18:56
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weigh...
Top Buys by Top Brass: CFO Herring's $460.6K Bet on Pandora
Forbes - 4 May 2016 18:18
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard...
Oversold Conditions For Cisco Systems (CSCO)
Forbes - 4 May 2016 18:10
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...