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Market News

Location American Market News for 7 June 2016

Royal Dutch Shell's High-Wire Act

Wall Street Journal - 7 Jun 2016 17:48
Anglo-Dutch oil and gas group is doing all it can to balance near-term returns with long-term prospects.
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Germany May Be A Bigger Threat To The European Union Than Brexit Two polls were recently released that call the European Union in question.
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Ralph Lauren To Cut Jobs, Shutter Stores As Part Of Big Overhaul CEO Stefan Larsson is unveiling his sweeping plans for the company at its investor day
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DBV Technologies Forms 'Magic' Partnership With Nestle Solutions to food allergies is main objective
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Lululemon's Impressive Rebound Looks Stretched

Wall Street Journal - 7 Jun 2016 21:49
Lululemon's first-quarter earnings face a high bar, particularly as shares hover near a 52-week high.
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No interest cost relief for Indian firms

livemint.com - 7 Jun 2016 21:27
No interest cost relief for Indian firms No rate cut by the central bank on Tuesday and a slim chance of rate cuts in the coming months mean there is no escape for Indian firms when it comes to interest costs
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Yahoo's Core Exposes Hollow Value Case

Wall Street Journal - 7 Jun 2016 21:04
Verizon's $3 billion bid for Yahoo's core business suggests the market is still being too optimistic about the value of the internet company's shares.
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Public Storage's Preferred Stock, Series X Yield Pushes Past 5% In trading on Tuesday, shares of Public Storage's 6.450% Cumulative Preferred Stock, Series X (NYSE: PSA.PRX) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.30), with shares changing ha...
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Why Is Apple's Cash Conversion Cycle Significantly Shorter Than Samsung's? The cash conversion cycle looks at the amount of time a company takes to sell its inventory, collect its receivables and the time it takes to pay suppliers. The metric indicates how efficiently a company is managing its ...
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Sebi tightens IPF norms for depositories

livemint.com - 7 Jun 2016 18:50
Sebi tightens IPF norms for depositories Sebi says every depository will have to frame their internal guidelines on utilisation of the funds and submit them within 30 days
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Valeant: Still the Sick Man of Pharmaceuticals

Wall Street Journal - 7 Jun 2016 17:39
The clouds hanging over Valeant's prospects just won't go away. The drugmaker's quarterly results have dashed any immediate hopes that its business is turning around.
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This Stock Has A 7.88% Yield, Sells For Less Than Book, and Insiders Have Been Buying 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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Analyst: As Long As Apple Isn't The Next Blackberry, Its Stock Is Cheap Apple's upside still depends on big hardware hits, but it's downside is limited thanks to its low multiple and healthy dividend.
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KSU Ex-Dividend Reminder - 6/9/16

Forbes - 7 Jun 2016 16:33
KSU Ex-Dividend Reminder - 6/9/16 Looking at the universe of stocks we cover at Dividend Channel, on 6/9/16, Kansas City Southern (NYSE: KSU) will trade ex-dividend, for its quarterly dividend of $0.33, payable on 7/6/16. As a percentage of KSU's recent ...
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Oil, tech boost S&P and Dow

livemint.com - 7 Jun 2016 16:29
Oil, tech boost S&P and Dow Dow Jones Industrial Average up 0.4%, S&P 500 adds 0.19%, Nasdaq Composite gains 0.04%
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Ex-Dividend Reminder: James River Group Holdings, Leucadia National and Chico's FAS Looking at the universe of stocks we cover at Dividend Channel, on 6/9/16, James River Group Holdings Ltd. (NASD: JRVR), Leucadia National Corp. (NYSE: LUK), and Chico's FAS Inc (NYSE: CHS) will all trade ex-dividend for...
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Ex-Dividend Reminder: Omnicom Group, Legg Mason and Stewart Information Services Looking at the universe of stocks we cover at Dividend Channel, on 6/9/16, Omnicom Group, Inc. (NYSE: OMC), Legg Mason, Inc. (NYSE: LM), and Stewart Information Services Corp. (NYSE: STC) will all trade ex-dividend for t...
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Ex-Dividend Reminder: Horace Mann Educators, Ladder Capital and Prologis Looking at the universe of stocks we cover at Dividend Channel, on 6/9/16, Horace Mann Educators Corp. (NYSE: HMN), Ladder Capital Corp (NYSE: LADR), and Prologis Inc (NYSE: PLD) will all trade ex-dividend for their resp...
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Why Didn't I Buy This Mining ETF?

Forbes - 7 Jun 2016 16:15
Why Didn't I Buy This Mining ETF? The strong market close on Monday finally appears to have gotten the market's attention as the tone of the market commentary has turned decidedly more bullish. Even the major Wall Street strategists have started to raise...
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RBI policy impact: fixed deposits, EMIs stay almost the same MCLR-based loan rates fell marginally; income funds gained from the recent rally. Yields have priced in positives
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When change is inevitable in the distributor landscape Mint Money looks at how a change in financial regulations is impacting mutual fund distributors. In the final instalment of a 3-part series, we talk about how distributors are changing their business models in the face o...
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DYK: Banks don't have to change lending rates with change in repo rate From April this year, RBI has asked banks to move to the new marginal cost-based lending rate
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