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Market News

Location American Market News for 24 June 2016

'Brexit' Collateral Damage Puts Japan in Hot Seat

Wall Street Journal - 24 Jun 2016 07:29
With "Brexit" sending the yen to its strongest level in years, the Bank of Japan will need to prepare a response.
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Stocks Erase 2016 Gains After Brexit Vote Triggers Global Sell-Off US Stocks erase 2016 gains as Britons vote "leave".
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Magna International Enters Oversold Territory (MG) 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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Alphabet Becomes Oversold (GOOG)

Forbes - 24 Jun 2016 22:34
Alphabet Becomes Oversold (GOOG) 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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American Airlines Group Enters Oversold Territory (AAL) 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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Anthem is Now Oversold (ANTM)

Forbes - 24 Jun 2016 22:33
Anthem is Now Oversold (ANTM) 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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Fibria Celulose Becomes Oversold (FBR)

Forbes - 24 Jun 2016 22:32
Fibria Celulose Becomes Oversold (FBR) 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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Brexit vote means US Federal Reserve stays put

livemint.com - 24 Jun 2016 22:27
Brexit vote means US Federal Reserve stays put Fed has sought to reassure markets that it would provide liquidity as needed using swap lines in place with other central banks
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World stocks tumble as Britain votes to leave European Union $2 trillion wiped from equity bourses across the world as money pours into safe havens like gold and government bonds
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The Brexit Is About Immigration Not Economics: Here's How To Play It If you have extra cash to invest into a globally-diversified stock and bond portfolio, go ahead and add a little today, especially the international side.
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RSI Alert: Parker Hannifin Now Oversold

Forbes - 24 Jun 2016 22:07
RSI Alert: Parker Hannifin Now Oversold 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 β€” ...
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RSI Alert: FirstMerit Now Oversold

Forbes - 24 Jun 2016 22:06
RSI Alert: FirstMerit Now Oversold 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 β€” ...
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Accenture Becomes Oversold

Forbes - 24 Jun 2016 22:06
Accenture Becomes Oversold 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 β€” ...
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Investment Banks See Record Trading During Brexit Vote, Bank Heads Profess Calm On Friday, JPMorgan CEO Jamie Dimon told his employees the bank handled record overnight foreign exchange trading volumes.
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Valley National Bancorp (VLY) Passes Through 5% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of Valley National Bancorp (NYSE: VLY) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.44), w...
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KeyCorp (KEY) Shares Cross 3% Yield Mark

Forbes - 24 Jun 2016 21:40
KeyCorp (KEY) Shares Cross 3% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of KeyCorp (NYSE: KEY) were yielding above the 3% mark based on its quarterly dividend (annualized to $0.34), with the stock ch...
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Superior Plus (SPB) Shares Cross 7% Yield Mark In trading on Friday, shares of Superior Plus Corp (Toronto: SPB) were yielding above the 7% mark based on its monthly dividend (annualized to $0.72), with the stock changing hands as low as $10.10 on the day. Dividends ...
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The Week After the Day After 'Brexit'

Wall Street Journal - 24 Jun 2016 21:11
Markets may be calmer but edgy next week following the U.K. decision to leave the European Union.
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HDFC to raise over Rs1,000 crore via bonds on private placement The bonds in the form of secured redeemable non-convertible debentures will carry a coupon rate of 8.5% per annum
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BSE shareholders vote for listing, dilution of stake via offer for sale The BSE IPO could be entirely an OFS if shareholders agree to offload at least 10% stake of the exchange's total equity
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Pressure on Stocks Continues After Historic British Vote It’s a Brexit bust in the stock market.
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NSE to auction investment limits for Rs6,950 crore government bonds The last two auctions conducted by the exchanges for government debt securities witnessed lukewarm response after months of oversubscription
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