Market News
American Airlines Investors See Dollar Signs In Credit Card Deal
Forbes - 12 Jul 2016 17:06
This first-of-its-kind partnership will provide a $1.5 billion boost for the airline
Dow Posts Record Close, Nasdaq Tops 5,000 As Stocks Keep Rising
Forbes - 12 Jul 2016 23:00
Another strong session puts the market's major averages in unclaimed territory.
Bailing Out SolarCity Costs Tesla Investors $7.4 Billion
Forbes - 12 Jul 2016 22:01
Tesla proposed to buy SolarCity for $2.5-$3 billion last month. With SolarCity shares ending the week of the offer below the proposed price, the market is telling us this deal is no good. Some in the media called it a ...
Outrageous Ploys: Move Your Queen
Forbes - 12 Jul 2016 21:46
You coulda dropped serious money in bank stocks, gone nowhere with Apple, Alphabet and Microsoft, experienced biotech properties like Gilead Sciences and Biogen Idec degrade while prime industrials like Dow Chemical stum...
Notable Tuesday Option Activity: MON, SSTK, STLD
Forbes - 12 Jul 2016 21:41
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Monsanto Co. (NYSE: MON), where a total volume of 16,714 contracts has been traded thus far today, a c...
Notable Tuesday Option Activity: UNP, ULTA, ABBV
Forbes - 12 Jul 2016 21:41
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Union Pacific Corp (NYSE: UNP), where a total volume of 26,791 contracts has been traded thus far toda...
The outlook for the mid-cap rally
livemint.com - 12 Jul 2016 21:30
Valuations of quite a few mid- and small-sized firms have gone through the roof, and it makes sense for investors to be cautious
Post Brexit: Why The UK Is No Longer A Place I Want To Do Business
Forbes - 12 Jul 2016 21:28
I am British. I also hold a directorship at six UK limited companies. And in August, I was about to become director of a seventh. But those plans are now on ice, thanks to Brexit referendum result.
FE Dividend Yield Pushes Past 4%
Forbes - 12 Jul 2016 21:23
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of FirstEnergy Corp (NYSE: FE) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.44), with the...
Inflation higher than last year; industrial output growth lower
livemint.com - 12 Jul 2016 21:17
The worst hit is investment demand, with capital goods production, according to IIP, contracting sharply from a year ago.
Is The Dow Poised To Go Up? Here's Why I Think So
Forbes - 12 Jul 2016 20:56
Technical analysis is much decried and there is plenty of evidence that charting is mumbo-jumbo. But looking at the current Dow chart makes me bullish.
Tuesday Sector Leaders: Energy, Materials
Forbes - 12 Jul 2016 20:33
Looking at the sectors faring best as of midday Tuesday, shares of Energy companies are outperforming other sectors, up 4.2%. Within that group, Southwestern Energy Company (NYSE: SWN) and Chesapeake Energy Corp. (NYSE: ...
Tuesday Sector Laggards: Utilities, Services
Forbes - 12 Jul 2016 20:32
In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 0.6% loss. Within that group, Alliant Energy Corp (NYSE: LNT) and Eversource Energy (NYSE: ES) are two large stocks that are la...
Sun Life Financial's Preferred Shares Series 2 Crosses Above 5% Yield Territory
Forbes - 12 Jul 2016 20:09
In trading on Tuesday, shares of Sun Life Financial Inc's Class A Non-Cumulative Preferred Shares Series 2 (Toronto: SLF-PRB) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.20), with sh...
Noteworthy Tuesday Option Activity: STX, EW, UAL
Forbes - 12 Jul 2016 19:43
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Seagate Technology plc (NASD: STX), where a total of 45,809 contracts have traded so far, representing approximately...
Here's Why Coca Cola Will Not Be "Sweet" In The UK
Forbes - 12 Jul 2016 19:42
Recently With the UK government planning to introduce a “sugar tax” aimed at high sugar carbonated drinks, The Coca-Cola Company is looking at modifying its drinks to ensure that some of them do not fall under the le...
First Solar Looks Address Its Balance Of Systems Handicap With Series 5 Modules
Forbes - 12 Jul 2016 19:38
Although First Solar’s Cd-Te solar panels have been recording significant efficiency gains over the last three years, they have lagged behind their silicon peers in terms of rated peak power. This means that a larger n...
Here's Why Facebook Is Testing Offline Video Access In India?
Forbes - 12 Jul 2016 19:34
Facebook‘s increased focus on video content has hit the slow internet connectivity wall in emerging economies and the company is now testing ways to bring these users to the video fold. Weeks after YouTube launched a �...
RPM International About To Put More Money In Your Pocket (RPM)
Forbes - 12 Jul 2016 16:14
Looking at the universe of stocks we cover at Dividend Channel, on 7/14/16, RPM International Inc (NYSE: RPM) will trade ex-dividend, for its quarterly dividend of $0.275, payable on 7/29/16. As a percentage of RPM's rec...
Ex-Dividend Reminder: Hormel Foods, Weis Markets and PNC Financial Services
Forbes - 12 Jul 2016 16:13
Looking at the universe of stocks we cover at Dividend Channel, on 7/14/16, Hormel Foods Corp. (NYSE: HRL), Weis Markets, Inc. (NYSE: WMK), and PNC Financial Services Group (NYSE: PNC) will all trade ex-dividend for thei...
Ex-Dividend Reminder: NetApp, Acuity Brands and EMCOR Group
Forbes - 12 Jul 2016 16:12
Looking at the universe of stocks we cover at Dividend Channel, on 7/14/16, NetApp, Inc. (NASD: NTAP), Acuity Brands Inc (NYSE: AYI), and EMCOR Group, Inc. (NYSE: EME) will all trade ex-dividend for their respective upco...