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Market News

Location American Market News for 8 July 2016
Noteworthy Friday Option Activity: BA, CREE, CCMP 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...
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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.
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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.
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How Malls Will Survive In The Age Of Amazon Shoppers still make purchases in brick and mortar stores, but it takes a different kind of effort to draw them there.
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Mega Millions Jackpot Breaks 1/2 Billion But Options Trading Provides Much Better Returns Than Lotto 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...
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What A Jobs Report Friday Is Like On BlackRock's Bond Desk In January, Forbes got an up-close look at how BlackRock bond guru Rick Rieder operates when a big economic report comes out.
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HDFC Mutual Fund sells 2% stake in CGCEL for Rs181 crore 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
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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 ...
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Strong Jobs Report: U.S. Adds 287,000 Jobs In June, Unemployment Rate Ticks Up To 4.9% Economists had projected that 180,000 jobs would be added.
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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...
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Which Is A Better Dividend Bet -- Altria Or Philip Morris? 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...
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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.
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This Stock Has A 4.18% Yield And Sells For Less Than Book MetLife Inc (NYSE: MET) has been named as a Top 10 dividend-paying financial stock, according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among shares of financial ...
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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.
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Why Brexit Will Cause A Huge Breakout On Wall Street 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...
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Jobs Jump Sends S&P 500 Back Toward Record Highs A snapback in monthly jobs figures fueled a big rally on Wall Street that has the market once again chasing record highs.
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Top Buys by Directors: Welling's $3.2M Bet on ROVI 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...
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Friday Sector Leaders: Materials, Industrial 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...
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Noteworthy Friday Option Activity: PCLN, GS, FDX 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,...
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Notable Friday Option Activity: CMCSA, UPS, ESRX 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...
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Citigroup's Preferred Stock, Series K Shares Cross 6% Yield Mark 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...
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BCE's Series AJ Preferred Shares Cross 5% Yield Mark 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...
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