Market News
No Miracle Cures for Biogen
Wall Street Journal - 21 Jul 2016 19:04
Biogen's strong results will support the stock price, but the new drug pipeline is thin.
The West Needs to Put Its Money Where Its Mouth Is
Forbes - 21 Jul 2016 16:14
This article was originally published at Stratfor.com.
Thursday's ETF with Unusual Volume: REET
Forbes - 21 Jul 2016 18:03
The iShares Global REIT ETF (REET) is seeing unusually high volume in afternoon trading Thursday, with over 126,000 shares traded versus three month average volume of about 47,000. Shares of REET were down about 0.4% on ...
Qualcomm's Stock Price Surges After A Strong Performance In Q3
Forbes - 21 Jul 2016 20:03
Leading wireless chipset maker Qualcomm posted strong Q3 2016 results that surpassed consensus estimates and were mostly at the higher end of its guidance range. The stock price has surged by as much as 7% in the after h...
Intel Sees Slower Data Center & IoT Growth, Though Stronger Growth Expected In Coming Quarters
Forbes - 21 Jul 2016 20:00
The world’s largest semiconductor company, Intel released its Q2 2016 earnings on July 20th. The company’s revenue came in-line with its guidance, while its profitability exceeded both company guidance and analyst ex...
Thursday 7/21 Insider Buying Report: KFS, OZRK
Forbes - 21 Jul 2016 19:51
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to ...
OVL raises $1 billion via dollar bonds for Vankor oil field stake buy
livemint.com - 21 Jul 2016 19:46
The proceeds will go to refinance a $1.2 billion bridge loan ONGC Videsh had taken from foreign banks to pay for 15% stake in Rosneft's Vankor
Poisoned Customers, CMO Busted For Blow, Playing Chipotle At The Low
Forbes - 21 Jul 2016 19:37
After the bell on Thursday, 21, 2016, Chipotle will announce their quarterly earnings. What could go wrong? Lots of things.
How Significant Is Australia For Alibaba's Global Expansion?
Forbes - 21 Jul 2016 19:34
Recently, Alibaba announced that it will open its first office in Melbourne, Australia, as it plans to expand its presence internationally. This expansion is part of the company’s globalization strategy to reach two bi...
Notable Thursday Option Activity: PYPL, APC, MAT
Forbes - 21 Jul 2016 19:28
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PayPal Holdings Inc (NASD: PYPL), where a total volume of 53,504 contracts has been traded thus far today, ...
Noteworthy Thursday Option Activity: HOG, SHW, GOOG
Forbes - 21 Jul 2016 19:27
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Harley-Davidson Inc (NYSE: HOG), where a total volume of 39,530 contracts has been traded thus far today, a...
European Airlines: Back to Earth With a Bump
Wall Street Journal - 21 Jul 2016 19:22
For European airlines, valuations are cheap, but merely signal a new normal: price wars.
Daily Dividend Report: C, KO, MMP, TLLP, BLK
Forbes - 21 Jul 2016 19:00
The Board of Directors of Citigroup today declared a quarterly dividend on Citigroup's common stock of $0.16 per share, payable on August 26, 2016 to stockholders of record on August 1, 2016.
US stocks fluctuate near all-time highs amid earnings reports
livemint.com - 21 Jul 2016 18:03
US stocks fluctuated as investors assessed the rally that pushed the S&P 500 Index to a fresh record, while a mixed slate of corporate earnings provided little early direction
Thursday's ETF Movers: GDXJ, IYT
Forbes - 21 Jul 2016 18:01
In trading on Thursday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 5% on the day. Components of that ETF showing particular strength include shares of Silvercorp Metals (SVM.CA), up about 7.4...
Thursday Sector Laggards: Advertising, Railroads
Forbes - 21 Jul 2016 17:54
In trading on Thursday, advertising shares were relative laggards, down on the day by about 0.9%. Helping drag down the group were shares of Interpublic Group (IPG), down about 5.1%.
Dow Analyst Moves: KO
Forbes - 21 Jul 2016 17:50
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Coca-Cola (KO) is the #23 analyst pick. Within the broader S&P 500, when com...
S&P 500 Analyst Moves: PCG
Forbes - 21 Jul 2016 17:49
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, PG&E (PCG) is now the #63 analyst pick, moving up by 3 spots.
Notable Thursday Option Activity: RLYP, CMG, URI
Forbes - 21 Jul 2016 17:31
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Relypsa, Inc (NASD: RLYP), where a total of 61,318 contracts have traded so far, representing approximately 6.1...
Dunkin' Brands shares fall on soft revenue, international headwinds
CNBC - 21 Jul 2016 17:18
Dunkin' shares fell as much as 4 percent after it reported weaker-than-expected sales growth and headwinds in international markets.
Starbucks shares drop after same-store sales around the world miss estimates
CNBC - 21 Jul 2016 23:30
The coffee chain saw lackluster sales in every region.
ABB: Robust show, though outlook remains grim
livemint.com - 21 Jul 2016 23:28
ABB's focus on high technology and short-cycle products has started to pay off by way of better profitability