Market News
Noteworthy Friday Option Activity: BA, CREE, CCMP
Forbes - 8 Jul 2016 21:30
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Boeing Co. (NYSE: BA), where a total of 20,297 contracts have traded so far, representing approximately 2.0 mil...
China's Banks Are Sitting on a Lumpy Cushion
Wall Street Journal - 8 Jul 2016 16:33
Chinese banks are issuing tens of billions in Tier 2 capital to absorb losses, and investors are snapping up the instruments--but they provide less protection to investors than they may realize.
Branson: 'In 15 years, I suspect every car on the road will be electric'
CNN - 8 Jul 2016 13:10
A world in which all cars run on electricity is not such a distant reality, Virgin boss Richard Branson believes -- thanks to the work done by Formula E.
How Malls Will Survive In The Age Of Amazon
Forbes - 8 Jul 2016 13:00
Shoppers still make purchases in brick and mortar stores, but it takes a different kind of effort to draw them there.
Mega Millions Jackpot Breaks 1/2 Billion But Options Trading Provides Much Better Returns Than Lotto
Forbes - 8 Jul 2016 05:01
Get out there. For a miniscule wager, riches are a possibility. It’s a dream. Why not dream for a while. Look at it as a small investment of risk capital. That’s the thought process of many Mega Millions players. Wit...
What A Jobs Report Friday Is Like On BlackRock's Bond Desk
Forbes - 8 Jul 2016 16:20
In January, Forbes got an up-close look at how BlackRock bond guru Rick Rieder operates when a big economic report comes out.
HDFC Mutual Fund sells 2% stake in CGCEL for Rs181 crore
livemint.com - 8 Jul 2016 15:05
CGCEL said HDFC Mutual Fund has trimmed stake in the company by 2.07% to 5.13% by selling shares worth over Rs181 crore in the open market
Why Is The FDA Approval Of Absorb Significant For Abbott?
Forbes - 8 Jul 2016 14:46
The recent FDA approval of Abbott’s fully absorbable stent-Absorb, which is used to treat the coronary artery disease, is a significant breakthrough for the company. The following are the key reasons as to why this is ...
Strong Jobs Report: U.S. Adds 287,000 Jobs In June, Unemployment Rate Ticks Up To 4.9%
Forbes - 8 Jul 2016 14:43
Economists had projected that 180,000 jobs would be added.
Here's How McDonald's Is Ensuring That "All Day Breakfast" Remains A Winner
Forbes - 8 Jul 2016 14:38
After it was launched in October last year, McDonald’s “All Day Breakfast” has been a critical piece in its turnaround strategy. It has helped significantly in improving the company’s top line and comparable stor...
Which Is A Better Dividend Bet -- Altria Or Philip Morris?
Forbes - 8 Jul 2016 14:34
Tobacco giants – Altria and Philip Morris International – have been among the top dividend payers in the stock market, and share much of their history together. Until 2008, the two companies were one corporate entity...
How U.K. Bank Equity Release Adds Less Freedom Than You Think
Wall Street Journal - 8 Jul 2016 13:40
The Bank of England has cut capital requirements this week to give banks more room to cope with stress, but not much.
CIM's Strong Dividend History Helps Get It To The Top 10
Forbes - 8 Jul 2016 13:22
Chimera Investment Corp (NYSE: CIM) has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REIT...
Banks Have Brexit to Thank for Two Paths to Poorer Profits
Wall Street Journal - 8 Jul 2016 12:56
U.K. lenders face two potential paths after the Brexit vote: one that looks bad, the other far worse. Share prices have crumbled though so far investors are only betting on the bad, not the far worse.
Why Brexit Will Cause A Huge Breakout On Wall Street
Forbes - 8 Jul 2016 22:21
Brexit Means More Easy Money, and U.S. Stocks Love Easy Money (For Now): In a normal world, Brexit would be bearish for capital markets and the economy but in our easy money addicted world, Brexit is actually bullish for...
Jobs Jump Sends S&P 500 Back Toward Record Highs
Forbes - 8 Jul 2016 21:31
A snapback in monthly jobs figures fueled a big rally on Wall Street that has the market once again chasing record highs.
Top Buys by Directors: Welling's $3.2M Bet on ROVI
Forbes - 8 Jul 2016 21:03
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
Friday Sector Leaders: Materials, Industrial
Forbes - 8 Jul 2016 20:32
Looking at the sectors faring best as of midday Friday, shares of Materials companies are outperforming other sectors, higher by 2.6%. Within that group, CF Industries Holdings Inc (NYSE: CF) and Alcoa, Inc. (NYSE: AA) a...
Noteworthy Friday Option Activity: PCLN, GS, FDX
Forbes - 8 Jul 2016 20:22
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Priceline Group Inc. (NASD: PCLN), where a total volume of 20,744 contracts has been traded thus far today,...
Notable Friday Option Activity: CMCSA, UPS, ESRX
Forbes - 8 Jul 2016 20:22
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Comcast Corp (NASD: CMCSA), where a total volume of 51,643 contracts has been traded thus far today, a cont...
Citigroup's Preferred Stock, Series K Shares Cross 6% Yield Mark
Forbes - 8 Jul 2016 20:08
In trading on Friday, shares of Citigroup Inc's 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K (NYSE: C.PRK) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.7188...
BCE's Series AJ Preferred Shares Cross 5% Yield Mark
Forbes - 8 Jul 2016 20:03
In trading on Friday, shares of BCE Inc's Series AJ Preferred Shares (Toronto: BCE-PRJ) were yielding above the 5% mark based on its monthly dividend (annualized to $0.675), with shares changing hands as low as $13.49 on...