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Market News

Location American Market News for 24 May 2016

Recovery to be gradual for Tech Mahindra

livemint.com - 24 May 2016 21:21
Recovery to be gradual for Tech Mahindra Salary hikes and the inclusion of Lightbridge Communication were expected to weigh on profitability. But the impact was overcome by operational efficiencies like better employee utilization and control over costs
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China's Brokerages: The Next Leverage Frontier

Wall Street Journal - 24 May 2016 08:47
Regulatory changes that could boost leverage at the heart of China's shaky financial markets seem like an invitation to trouble
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Expanding residential footprint

livemint.com - 24 May 2016 14:41
Expanding residential footprint Research It is estimated that the micro-market of Salt Lake in Kolkata accounts for about 9% of the total upcoming residential supply in the city
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What Are Some Of L Brands' International Plans? L Brands has geared up for some major developments in the international front. Among a few of its worries so far were: macroeconomic setbacks in some geographies, weak international exchange rates, and reduced tourism in...
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S&P 500 Movers: CF, WDC

Forbes - 24 May 2016 16:16
In early trading on Tuesday, shares of Western Digital (WDC) topped the list of the day's best performing components of the S&P 500 index, trading up 3.8%. Year to date, Western Digital has lost about 30.1% of its value.
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Peek Under The Hood: IWD Has 10% Upside

Forbes - 24 May 2016 13:12
Peek Under The Hood: IWD Has 10% Upside 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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PG&E Corporation (PCG) announced that it is raising its quarterly common stock dividend to 49 cents per share, an increase of 3.5 cents per share, beginning with dividends for the second quarter of 2016. PG&E Corporation...
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The Weakest Social Media Stock - Just Got Weaker Twitter ($TWTR) came public in November 2013 and started trading near $40 per share. A month later, in December 2013, the stock surged to a record high of $74.73 and people thought Twitter could do no wrong. In near text...
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In This Speculative Bull Market, Beware The Noise Growth stocks look ready to shine. Besides looking for potential winners, it is also time to take defensive action.
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Oil prices continue dip with stronger dollar

livemint.com - 24 May 2016 10:41
Oil prices continue dip with stronger dollar A strong greenback puts downward pressure on oil, as it curtails demand by making the dollar-priced commodity more expensive
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Warren Buffett's Billion Dollar Apple Investment The Oracle of Omaha has invested in another tech company. This is only Buffett’s second large technology company investment. The first came in 2011.
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For Bond Traders Things Can Only Get Better

Wall Street Journal - 24 May 2016 13:28
These reasons mean a shocking first quarter should give way to a less bad year overall.
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Tuesday Sector Laggards: Materials, Utilities Looking at the sectors faring worst as of midday Tuesday, shares of Materials companies are underperforming other sectors, up 0.3%. Within that group, CF Industries Holdings Inc (NYSE: CF) and Newmont Mining Corp (NYSE: ...
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S&P 500 Analyst Moves: MHK

Forbes - 24 May 2016 17:53
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Mohawk Industries (MHK) is now the #35 analyst pick, moving up by 2 spots.
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Dow Analyst Moves: VZ

Forbes - 24 May 2016 17:55
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Verizon Communications (VZ) is the #16 analyst pick. Within the broader S&P ...
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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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Tata Metaliks gains 100% in last six sessions

livemint.com - 24 May 2016 07:28
Tata Metaliks gains 100% in last six sessions Tata Metaliks hits a record high, on the back of higher volumes and Tata Steel calling off merger with the company
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Noteworthy Tuesday Option Activity: NRG, XLNX, COST Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in NRG Energy Inc (NYSE: NRG), where a total volume of 28,001 contracts has been traded thus far today, a cont...
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The Libor Mess: How It Will Hit Bank Profits

Wall Street Journal - 24 May 2016 22:22
The threat of big settlements in Libor litigation may weigh on the earnings of J.P. Morgan, Citigroup and Bank of America.
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Nuggets Of Value Continue To Emerge For Yahoo As Sale Process Drags On Yahoo has a stake in unicorn Snapchat too
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XPO Logistics Dilutes Shareholders, Loads Up On Debt In Profitless Acquisition Spree Stop me if you’ve heard this scenario before: soaring debt, significant shareholder dilution, multiple large acquisitions, and executives paid for stock price performance, all of which result in massive revenue growth ...
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Williams-Sonoma Tidies Up Well

Wall Street Journal - 24 May 2016 19:32
Even in an Amazon world, Williams-Sonoma, a beaten-down retail stock, could be due for a revival.
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