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Market News

Location American Market News for 17 June 2016
Where To Find Growth In a No-Growth World: Dividends! We seem to be stuck in a slow-growth global environment for the time being. Here's how you can reap growth for your portfolio.
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China's Short-Term Lending Boom Won't End Well

Wall Street Journal - 17 Jun 2016 05:59
Volumes in China's overnight interbank lending market are surging, making the financial system more interdependent--and precarious.
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Vornado Realty Trust's Series J Preferred Shares Crosses Above 6.5% Yield Territory In trading on Friday, shares of Vornado Realty Trust's 6.875% Series J Cumulative Redeemable Preferred Shares (NYSE: VNO.PRJ) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.7188), wit...
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Rupee trades higher at 67.15 against US dollar

livemint.com - 17 Jun 2016 06:16
Rupee trades higher at 67.15 against US dollar Rupee opened at 67.22 and touched a high of 67.13 a dollar
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Quintiles Transnational Holdings Enters Oversold Territory (Q) 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...
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Retailers Need to Close Some Doors to Survive​

Wall Street Journal - 17 Jun 2016 21:34
Closing stores is one of the few things that mall retailers can do to stem the bleeding, but they aren't doing it quickly enough.
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Viacom Shareholders' Dreaming of CBS

Wall Street Journal - 17 Jun 2016 21:32
Viacom investors are getting the leadership shake-up they want. Now attention is shifting to the idea of a merger with CBS.
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Noteworthy Friday Option Activity: CRM, IBM, BMY Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Salesforce.com Inc (NYSE: CRM), where a total volume of 22,344 contracts has been traded thus far today, a ...
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Notable Friday Option Activity: AGN, TASR, GPRO Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Allergan PLC (NYSE: AGN), where a total of 18,213 contracts have traded so far, representing approximately 1.8 ...
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JSPL seeks shareholders' nod for sale of power units

livemint.com - 17 Jun 2016 20:50
JSPL seeks shareholders' nod for sale of power units Jindal Steel and Power sought shareholders' nod to divest 1,000 megawatt power plant of a subsidiary firm and sale of its 920 megawatt captive power plants
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How Might The Acquisition Of Elizabeth Arden Help Revlon? Shortly after its decision to acquire Cutex International brand from Coty earlier this month, Revlon has now decided to acquire global prestige beauty company, Elizabeth Arden, at $14 per share in cash. The total enterpr...
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Recently, Twitter's CEO mentioned in an interview that, earlier this year, the company invested $ 70 million in SoundCloud, an online music platform to support its efforts with creators. Twitter already had a relationshi...
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Noteworthy Friday Option Activity: FISV, T, MYL Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Fiserv Inc (NASD: FISV), where a total of 9,477 contracts have traded so far, representing approximately 947,700 und...
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Speedy Oil Price Uptick Isn't Imminent Despite OPEC's Prediction Of Market Rebalancing Earlier this week, the Organization of Petroleum Exporting Countries (OPEC) predicted that the global oil market will be more balanced over the second half of 2016, as production outages both within its ranks and beyond,...
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Alexion Pharmaceuticals is Now Oversold (ALXN) 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...
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HSBC Has More to Fix Beyond its Household

Wall Street Journal - 17 Jun 2016 17:54
HSBC's deal to buy Household Finance unraveled in the US housing bust, costing the bank billions.
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Relative Strength Alert For DST Systems

Forbes - 17 Jun 2016 17:47
Relative Strength Alert For DST Systems 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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OIH, SCO: Big ETF Outflows

Forbes - 17 Jun 2016 17:19
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Oil Services ETF (OIH), where 2,800,000 units were destroyed, or a 6.9% decrease ...
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FDL, FCG: Big ETF Inflows

Forbes - 17 Jun 2016 17:17
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the First Trust Morningstar Dividend Leaders Index Fund (FDL), which added 22,650,000 units,...
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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
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NSEL scam: Centre directs speedy auction of attached properties The auction of attached properties in NSEL scam needs to be expedited and the money realised may be returned to the investors, says govt
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Nasdaq 100 Movers: LLTC, BMRN

Forbes - 17 Jun 2016 16:26
In early trading on Friday, shares of BioMarin Pharmaceutical (BMRN) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.1%. Year to date, BioMarin Pharmaceutical has lost about ...
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