Market News
Halvorsen Funds Company Buying Neglected Drugs, Gets Stakes In 2 Biotechs
Forbes - 15 Jul 2016 17:33
Andreas Halvorsen (Trades, Portfolio)’s Viking Global Investors said Wednesday it had invested in one of biotech’s hottest companies and in the process two of the companies it is involved in. Roivant Sciences, a comp...
Wells Fargo's Preferred Stock, Series R Shares Cross 5.5% Yield Mark
Forbes - 15 Jul 2016 20:25
In trading on Friday, shares of Wells Fargo & Co.'s 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R (NYSE: WFC.PRR) were yielding above the 5.5% mark based on its quarterly divide...
As it nears sale, Yahoo's earnings likely to reveal continued decline
CNBC - 15 Jul 2016 23:29
Analysts say Yahoo's impending sale will matter more to its stock price than its earnings, which will be reported Monday.
Noteworthy Friday Option Activity: C, KERX, GS
Forbes - 15 Jul 2016 21:39
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Citigroup Inc (NYSE: C), where a total of 128,160 contracts have traded so far, representing approximately 12.8...
Noteworthy Friday Option Activity: COTY, XOM, BMRN
Forbes - 15 Jul 2016 21:38
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Coty, Inc. (NYSE: COTY), where a total volume of 5,514 contracts has been traded thus far today, a con...
Noteworthy Friday Option Activity: PCLN, MDVN, IONS
Forbes - 15 Jul 2016 21:38
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Priceline Group Inc. (NASD: PCLN), where a total of 25,018 contracts have traded so far, representing approxima...
Reliance Industries: Relying on refining margins
livemint.com - 15 Jul 2016 21:33
Most analysts had estimated its gross refining margins to be $9.5-10 per barrel; on the contrary, RIL's margins in the June quarter came in at $11.5 per barrel
SAT asks Sebi to pay Rs1 lakh penalty for delayed order
livemint.com - 15 Jul 2016 21:12
Securities Appellate Tribunal imposes Rs1 lakh cost on Securities and Exchange Board of India for delay in passing a final order in a matter of Adventz Finance
WMB Dividend Yield Pushes Past 11%
Forbes - 15 Jul 2016 21:07
Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of Williams Cos Inc (NYSE: WMB) were yielding above the 11% mark based on its quarterly dividend (annualized to $2.56), with th...
Noteworthy Friday Option Activity: IP, BWA, WFC
Forbes - 15 Jul 2016 20:30
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in International Paper Co (NYSE: IP), where a total volume of 12,832 contracts has been traded thus far today,...
Notable Friday Option Activity: VFC, QCOM, CELG
Forbes - 15 Jul 2016 20:28
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in VF Corp. (NYSE: VFC), where a total of 17,021 contracts have traded so far, representing approximately 1.7 million u...
Notable Friday Option Activity: NFLX, FB, SRCL
Forbes - 15 Jul 2016 20:25
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Netflix Inc. (NASD: NFLX), where a total volume of 72,708 contracts has been traded thus far today, a contr...
Sun Life Financial's Preferred Shares Series 10R Crosses Above 6% Yield Territory
Forbes - 15 Jul 2016 20:23
In trading on Friday, shares of Sun Life Financial Inc's Class A Non-Cumulative Rate Reset Preferred Shares Series 10R (Toronto: SLF-PRH) were yielding above the 6% mark based on its quarterly dividend (annualized to $0....
Citigroup vs. Wells Fargo: Value Beats Quality
Wall Street Journal - 15 Jul 2016 19:37
As Citigroup cleans up its act, its shares look increasingly attractive against Wells Fargo.
Can Chipotle Mexican Grill Gain From Sequoia's Stake In Its Shareholding?
Forbes - 15 Jul 2016 19:34
Recently the Sequoia Fund in a letter to its shareholders announced that it had taken stake in Chipotle Mexican Grill (NYSE: CMG) in Q2 2016, its stock having been depressed by a series of contamination events at its out...
Bajaj Finance raises Rs490 crore via non-convertible debentures
livemint.com - 15 Jul 2016 19:31
The Debenture Allotment Committee of the company at its meeting allotted 4,900 unsecured subordinated redeemable NCDs
Notable Friday Option Activity: TAP, BIIB, GILD
Forbes - 15 Jul 2016 19:23
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Molson Coors Brewing Co. (NYSE: TAP), where a total of 7,842 contracts have traded so far, representing approximatel...
Syndicate Bank raises Rs930 crore via Basel III compliant bonds
livemint.com - 15 Jul 2016 19:22
Syndicate Bank invited bids for issue size of Rs500 crore with green shoe option of Rs430 crore limiting the aggregate issue size to Rs930 crore
Nearly 50% NTPC staff participated in divestment of company
livemint.com - 15 Jul 2016 18:44
The offer-for-sale for NTPC employees got an enthusiastic response with nearly 50% participating in the OFS, says the finance ministry
Yelp Has Potential To Be Another Amazon Or Netflix
Forbes - 15 Jul 2016 18:09
Yelp is in the stable of what I call mad caps. Like Facebook and its ilk it does not respect classic valuation models but are driven by momentum and sentiment. I still think it's got huge potential.
Silver glut weighs on India as buying frenzy passes country by
livemint.com - 15 Jul 2016 17:47
Silver imports probably slumped by about 40% from a year earlier to 2,000 metric tonnes in the first half
Noteworthy Friday Option Activity: AAPL, KCG, TXN
Forbes - 15 Jul 2016 17:31
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Apple Inc (NASD: AAPL), where a total of 157,259 contracts have traded so far, representing approximately 15.7 ...