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Market News

Location American Market News for 22 June 2016

HP Needs to Keep its Ink From Running Dry

Wall Street Journal - 22 Jun 2016 20:52
HP Inc. is experiencing new problems in its old but lucrative printing business.
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VIX levels show China risk much more important than Brexit The behaviour of volatility indices suggests that China matters much more to the equity markets than any other factor
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Hawaiian Holdings Enters Oversold Territory (HA) 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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Relative Strength Alert For PayPal Holdings

Forbes - 22 Jun 2016 22:33
Relative Strength Alert For PayPal Holdings 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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Sebi may scrap planned listing platform for start-ups Sebi may now allow listing on the regular stock exchange platform as concept of a separate listing platform has failed to attract tech start-ups
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Investors wait and watch as solar strategy unfolds at Suzlon Energy Analysts expect the recovery in service revenue and further reduction in interest costs to drive Suzlon back into profit in the current fiscal year. With solar execution also gaining traction, decent margins in this busi...
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Wednesday Sector Leaders: Healthcare, Services Looking at the sectors faring best as of midday Wednesday, shares of Healthcare companies are outperforming other sectors, higher by 0.8%. Within that group, Celgene Corp. (NASD: CELG) and Regeneron Pharmaceuticals, Inc....
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Valuing Companies Like SolarCity Requires Bold Assumptions

Wall Street Journal - 22 Jun 2016 20:46
As it offers to buy solar-panel company SolarCity, Tesla Motors is confident in valuing a business about which Wall Street can't make up its mind.
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Central Banks Ready for Anything as 'Brexit' Vote Nears

Wall Street Journal - 22 Jun 2016 19:57
The Bank of England, Federal Reserve and other major central banks will have to act fast no matter which way the vote goes.
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What Do IBM's Acquisitions over The Past Six Months Indicate? International Business Machines has acquired nine companies in the last six months. The acquisitions indicate that the company is focused on rebuilding its business around digital marketing, Software as a Service (SaaS) ...
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Recently, Twitter announced that it is acquiring Magic Pony Technology, a London based technology company that has developed machine learning techniques for visual processing. The deal was disclosed by CEO Jack Dorsey in...
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In trading on Wednesday, trucking shares were relative laggards, down on the day by about 2.2%. Helping drag down the group were shares of Heartland Express (HTLD) off about 3.2% on the day.
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In trading on Wednesday, paper & forest products shares were relative leaders, up on the day by about 2.1%.  Leading the group were shares of shares of Clearwater Paper (CLW) up about 4.4% on the day.
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Mint50: HDFC Mid-Cap Opportunities fund

livemint.com - 22 Jun 2016 15:39
Mint50: HDFC Mid-Cap Opportunities fund The fund's performance and scheme texture have not faltered despite its big size
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Big Money Managers Must Stop Stampedes

Wall Street Journal - 22 Jun 2016 19:10
Asset managers escaped 'too-big-to-fail' rules, but they still pose stability risks.
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ITC's new chief will have a tough act to follow

livemint.com - 22 Jun 2016 18:33
ITC's new chief will have a tough act to follow The new chief has big shoes to fill. This change comes when ITC's flagship business of cigarettes is facing tough times with rising excise duties on cigarettes and public health concerns around tobacco posing a serious t...
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Why H&M Is Still No Bargain

Wall Street Journal - 22 Jun 2016 18:33
Weak sales more than justify the modest discount on which the Swedish fashion retailer's shares trade.
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The Divisive Brexit Vote: Arguments Behind Whether The U.K. Should Remain Or Leave The EU Andrew Watt has written a passionate critique of my support for Brexit (“Progressive economists should support Remain not Brexit – a response to Steve Keen”), and it highlights a key feature of this peculiar refere...
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RBI fixes MSS ceiling at Rs30,000 crore for current fiscal year This ceiling will be reviewed when the outstanding balance reaches the threshold limit of `15,000 crore
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PBF Crosses Critical Technical Indicator

Forbes - 22 Jun 2016 17:54
PBF Crosses Critical Technical Indicator In trading on Wednesday, shares of PBF Energy Inc (NYSE: PBF) entered into oversold territory, changing hands as low as $23.30 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a...
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First Week of February 2017 Options Trading For C.H. Robinson Worldwide (CHRW) Investors in C.H. Robinson Worldwide, Inc. (NASD: CHRW) saw new options become available this week, for the February 2017 expiration. One of the key data points that goes into the price an option buyer is willing to pay,...
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First Week of August 19th Options Trading For Dish Network (DISH) Investors in Dish Network Corp (NASD: DISH) saw new options begin trading this week, for the August 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DISH options chain for the ...
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