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Market News

Location American Market News for 6 May 2016
An Insider's View On The High Stakes Art Market A new memoir out this week from celebrity auctioneer Simon de Pury reveals just how unpredictable the art market can be.
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Noteworthy Friday Option Activity: MSI, AGN, EXPE Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Motorola Solutions Inc. (NYSE: MSI), where a total volume of 5,490 contracts has been traded thus far ...
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Square: Learning Banking Truths the Hard Way

Wall Street Journal - 6 May 2016 18:36
Like other fintech firms, Square's lending business faced financing difficulties in the first quarter.
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The Implied Analyst 12-Month Target For RSP 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...
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NuStar Energy Named Top Dividend Stock With Insider Buying and 8.95% Yield (NS) 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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Notable Friday Option Activity: CMG, FEYE, IBM Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Chipotle Mexican Grill Inc (NYSE: CMG), where a total of 9,836 contracts have traded so far, representing appro...
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Notable Friday Option Activity: ODP, MDCO, DIS Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Office Depot, Inc. (NASD: ODP), where a total volume of 55,145 contracts has been traded thus far toda...
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Notable Friday Option Activity: EBIX, MYL, JAZZ Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Ebix Inc (NASD: EBIX), where a total of 1,715 contracts have traded so far, representing approximately 171,500 ...
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Homeownership Rates Are Falling, And It's Not Just A Millennial Problem More people are renting than buying these days and they’re not just millennials.
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Marriott International (MAR) declared a quarterly cash dividend of 30 cents per share of common stock, which represents a 20 percent increase over the previous quarterly dividend amount of $0.25 per share. The dividend i...
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Dish Network recently announced that it is deploying a nationwide fleet of professional technicians capable of reaching any U.S. home or business to repair iPhones for nationwide consumers. Under this service, which will...
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Mutual funds' AUM in April at record high; cross Rs14-trillion mark Equity schemes saw net inflows of `4,438 crore, even as the BSE's benchmark equity index rose by a mere 1%
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Friday's ETF with Unusual Volume: REM

Forbes - 6 May 2016 18:32
The iShares Mortgage Real Estate Capped ETF (REM) is seeing unusually high volume in afternoon trading Friday, with over 3.8 million shares traded versus three month average volume of about 984,000. Shares of REM were up...
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In trading on Friday, drugs shares were relative laggards, down on the day by about 3.1%. Helping drag down the group were shares of KemPharm (KMPH), off about 53.5% and shares of Endo International (ENDP) down about 39....
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In trading on Friday, precious metals shares were relative leaders, up on the day by about 4.9%. Leading the group were shares of Great Panther Silver Limited (GPL), up about 11.7% and shares of International Tower Hill ...
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What the Jobs Report Means for the Fed in June

Wall Street Journal - 6 May 2016 18:05
It's too soon to say a slower economy is cutting into hiring, but April jobs figures also give little urgency for the Federal Reserve to tighten.
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Miners' Lessons for Investment: Avoid Past Pitfalls

Wall Street Journal - 6 May 2016 17:57
Rio Tinto has taken the plunge with a $5.3 billion expansion of a copper mine in Mongolia. That will raise some eyebrows.
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S&P 500 Analyst Moves: A

Forbes - 6 May 2016 17:48
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Agilent Technologies (A) is now the #130 analyst pick, moving up by 1 spot.
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TD Ameritrade Holding Enters Oversold Territory The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — ...
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Time To Dip Into MLPs Again? 3 To Watch And 2 To Sell In the energy sector, a number of companies operate as master limited partnerships (MLPs) to avoid double taxation and offer a high income yielding asset for investors to buy on the open market. MLPs were solid performer...
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Relative Strength Alert For Icahn Enterprises The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — ...
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XRT, JHDG: Big ETF Outflows

Forbes - 6 May 2016 17:06
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P Retail ETF (XRT), where 4,050,000 units were destroyed, or a 31.3% decre...
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