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Market News

Location American Market News for 19 July 2016

Chinese Developer Defaults But Doesn't Change Its Ways

Wall Street Journal - 19 Jul 2016 07:32
Kaisa Group has fired its auditor PricewaterhouseCoopers, not a good sign as the defaulted Chinese property developer tries to get back on its feet.
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Goldman Sachs Beats Q2 Earnings Expectations On Expense Cuts And Bond Trading Surge On Tuesday morning, Goldman Sachs posted better than expected second quarter earnings, bolstered by the bank's effectiveness in shrinking its bottom line
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Cera Sanitaryware: Strong operating performance priced in The Cera Sanitaryware stock trades at an expensive 30 times estimated earnings for this fiscal year
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RSI Alert: Infosys Now Oversold

Forbes - 19 Jul 2016 21:58
RSI Alert: Infosys 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 — ...
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Northwest Bancshares (NWBI) Passes Through 4% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Northwest Bancshares, Inc. (NASD: NWBI) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.6...
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EBay Shares Are Worth Bidding On

Wall Street Journal - 19 Jul 2016 21:23
One year after breaking up with PayPal, eBay's stock looks underappreciated.
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PSI Dividend Yield Pushes Past 4%

Forbes - 19 Jul 2016 21:21
PSI Dividend Yield Pushes Past 4% In trading on Tuesday, shares of Pason Systems, Inc (Toronto: PSI) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.68), with the stock changing hands as low as $16.77 on the day. Dividen...
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Why Hulu Isn't a Serious Threat to Cable TV

Wall Street Journal - 19 Jul 2016 21:12
The cable-style online TV service Hulu is developing could be a focus for media investors this quarter. But it is unlikely to pose a serious threat to cable.
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Gut Plays For Armchair Operators

Forbes - 19 Jul 2016 21:08
Contrary investing is my way of life. Actually, contrary investing is not descriptive enough. I prefer the French expression à rebours, which translates as against the grain.
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Tuesday Sector Leaders: Consumer Products, Financial Looking at the sectors faring best as of midday Tuesday, shares of Consumer Products companies are outperforming other sectors, losing just 0.2%. Within that group, Kellogg Co (NYSE: K) and Tyson Foods, Inc. (NYSE: TSN) ...
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Notable Tuesday Option Activity: MSFT, AGN, SWK Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Microsoft Corporation (NASD: MSFT), where a total volume of 193,751 contracts has been traded thus far toda...
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Goldman Not Quite an All-Weather Performer

Wall Street Journal - 19 Jul 2016 20:21
Goldman Sachs has recently posted less-than-stellar returns amid tough market conditions.
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Wells Fargo's Preferred Stock, Series P Yield Pushes Past 5% In trading on Tuesday, shares of Wells Fargo & Co.'s Non-Cumulative Perpetual Class A Preferred Stock, Series P (NYSE: WFC.PRP) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.3125), wit...
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Noteworthy Tuesday Option Activity: EA, JNJ, FFIV Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Electronic Arts, Inc. (NASD: EA), where a total volume of 21,698 contracts has been traded thus far today, ...
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What Led To The Surge In Nvidia's Stock Price This Year; Why We Believe The Market Over-Reacted Graphics processor manufacturer Nvidia has seen a 60% increase in its stock price year to date. While we believe in Nvidia’s strong growth potential, we feel that the surge in the stock price in the last six months mig...
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Currency Pain Relief for Johnson & Johnson

Wall Street Journal - 19 Jul 2016 18:51
Moderating foreign currency pressures for Johnson & Johnson should encourage U.S. investors.
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Noteworthy Tuesday Option Activity: WFM, HUM, MRK Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Whole Foods Market, Inc. (NASD: WFM), where a total of 28,488 contracts have traded so far, representing approx...
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Noteworthy Tuesday Option Activity: IBM, KORS, MCD Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in International Business Machines Corp. (NYSE: IBM), where a total of 67,713 contracts have traded so far, repres...
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RSI Alert: Wipro (WIT) Now Oversold

Forbes - 19 Jul 2016 18:44
RSI Alert: Wipro (WIT) Now Oversold 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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Winpak Getting Very Oversold (WPK)

Forbes - 19 Jul 2016 18:44
Winpak Getting Very Oversold (WPK) 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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Turkish Coup Worries: Lost in the Global Liquidity Flood?

Wall Street Journal - 19 Jul 2016 18:39
Turkey's failed coup unsettled the country's markets. Global liquidity could yet ride to the rescue--again.
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Why Europe's Clothing Retailers Won't Be Torn Apart by Amazon

Wall Street Journal - 19 Jul 2016 18:07
Zalando's shares have bounced following a big profit upgrade but still look cheap relative to those of U.K. peer ASOS.
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