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Market News

Location American Market News for 10 May 2016
Amazon Stock Jumps To New High, Makes Jeff Bezos $1 Billion Richer After a rough start to 2016, Amazon is back at record highs and Jeff Bezos is on top in tech.
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Why the Eurozone May Avoid a Greek Crisis This Summer

Wall Street Journal - 10 May 2016 15:44
The eurozone finally started discussing more debt relief for Greece. That may avert a summer showdown.
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Media giant Disney missed earnings per share estimates for the first time in five years.
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IL&FS seeks to raise $900 million from Indian trust listings The Mumbai-based company would use proceeds from listing infrastructure investment trusts to develop new projects
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Kaveri ends the year well, pins hopes on monsoon

livemint.com - 10 May 2016 21:17
Kaveri ends the year well, pins hopes on monsoon Aided by a better monsoon forecast, Kaveri Seed Co. expects 2016-17 to be a better year
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Notable Tuesday Option Activity: FB, LMT, KSS Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Facebook Inc (NASD: FB), where a total volume of 172,663 contracts has been traded thus far today, a contra...
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Tuesday Sector Leaders: Energy, Materials

Forbes - 10 May 2016 21:14
Tuesday Sector Leaders: Energy, Materials In afternoon trading on Tuesday, Energy stocks are the best performing sector, higher by 2.1%. Within that group, Southwestern Energy Company (NYSE: SWN) and Hess Corp (NYSE: HES) are two large stocks leading the way, sh...
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Tuesday Sector Laggards: Utilities, Services The worst performing sector as of midday Tuesday is the Utilities sector, higher by 0.3%. Within the sector, Edison International (NYSE: EIX) and Entergy Corp. (NYSE: ETR) are two large stocks that are lagging, showing a...
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KEC International scores on margin growth despite flat revenue KEC International's profitability has been climbing in spite of the economic slowdown mirrored in its subdued revenue growth
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Real wages for rural labour contracted in past two years Whatever be the reasons, the fact is that the past two years have been a disaster for rural labourers, who constitute one of the most vulnerable sections of the society
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Qualcomm Named Top Dividend Stock With Insider Buying and 4.15% Yield (QCOM) 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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Top Buys by Directors: Templeton's $239.3K Bet on EFX 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...
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Noteworthy Tuesday Option Activity: BA, CCI, MO Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Boeing Co. (NYSE: BA), where a total volume of 25,453 contracts has been traded thus far today, a contract ...
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Tuesday 5/10 Insider Buying Report: H, STRS

Forbes - 10 May 2016 20:57
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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Gap: Being Big Is Out of Fashion

Wall Street Journal - 10 May 2016 20:42
Gap's sales are slumping, and its massive store base may be further hindering its recovery.
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Macy's Stock Is Cheap for a Reason

Wall Street Journal - 10 May 2016 20:34
Macy's fiscal first-quarter results will likely reflect the difficult environment facing traditional department-store operators.
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Why Is Ford Investing In Pivotal?

Forbes - 10 May 2016 19:34
Ford Motors‘ announced recently that it had invested $ 182 million in Pivotal, a cloud based software company, to further strengthen its software abilities. This investment is part of the company’s initiatives to exp...
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Gold Lower On Follow-Through Selling and Profit Taking Gold prices ended the U.S. day session modestly lower Tuesday, on some follow-through selling from the shorter-term futures traders, after the solid losses seen Monday.
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Iran's Oil Sector Returns to Form

Forbes - 10 May 2016 18:58
This article was originally published at Stratfor.com.
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Dow Analyst Moves: CSCO

Forbes - 10 May 2016 17:52
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Cisco Systems (CSCO) is the #9 analyst pick. Cisco Systems, also comes in ab...
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S&P 500 Analyst Moves: EQIX

Forbes - 10 May 2016 17:49
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Equinix (EQIX) is now the #105 analyst pick, moving up by 3 spots.
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Q4 results: Zee Entertainment's ad revenues beat expectations Strong advertising revenue growth has helped Zee Entertainment deliver a good March quarter
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