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Market News

Location American Market News for 29 July 2016
ExxonMobil earned an adjusted 41 cents per share in the second quarter, compared with expectations for 64 cents.
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AbbVie's quarterly net revenue jumped 17.8 percent, driven by demand for its top-selling treatment, Humira.
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Alphabet’s (NASDAQ: GOOG, GOOGL) online ad company Google owns YouTube. According to Trefis estimates, YouTube makes up over 12.5% of Alphabet’s value. Trefis also estimates that it generated nearly $12.6 billion in ...
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Recently, LinkedIn acquired PointDrive, a Chicago-based start-up which has a technology allowing sales professionals to share visual content with prospective clients, thus building better relationships. The company plans...
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United Parcel Service reported quarterly earnings and revenue that met analysts' expectations on Friday.
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Clinton Edges Trump On Social Security, Medicare Plans Both Clinton and Trump say they want to preserve Social Security and Medicare. But only Clinton has a plan to save and enhance both programs.
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TMUS Crosses Above Average Analyst Target

Forbes - 29 Jul 2016 13:58
In recent trading, shares of T-Mobile US Inc (NASD: TMUS) have crossed above the average analyst 12-month target price of $46.15, changing hands for $46.22/share. When a stock reaches the target an analyst has set, the a...
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GPRO Crosses Above Average Analyst Target

Forbes - 29 Jul 2016 13:58
In recent trading, shares of GoPro, Inc. (NASD: GPRO) have crossed above the average analyst 12-month target price of $12.68, changing hands for $13.02/share. When a stock reaches the target an analyst has set, the analy...
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CRUS Crosses Above Average Analyst Target

Forbes - 29 Jul 2016 13:52
In recent trading, shares of Cirrus Logic, Inc. (NASD: CRUS) have crossed above the average analyst 12-month target price of $45.88, changing hands for $49.82/share. When a stock reaches the target an analyst has set, th...
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In recent trading, shares of RPM International Inc (NYSE: RPM) have crossed above the average analyst 12-month target price of $52.33, changing hands for $54.11/share. When a stock reaches the target an analyst has set, ...
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S&P Global Reaches Analyst Target Price

Forbes - 29 Jul 2016 13:49
In recent trading, shares of S&P Global Inc (NYSE: SPGI) have crossed above the average analyst 12-month target price of $118.00, changing hands for $121.40/share. When a stock reaches the target an analyst has set, the ...
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OC Crosses Above Average Analyst Target

Forbes - 29 Jul 2016 13:48
In recent trading, shares of Owens Corning (NYSE: OC) have crossed above the average analyst 12-month target price of $53.90, changing hands for $54.11/share. When a stock reaches the target an analyst has set, the analy...
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Best Buy Reaches Analyst Target Price

Forbes - 29 Jul 2016 13:48
In recent trading, shares of Best Buy Inc (NYSE: BBY) have crossed above the average analyst 12-month target price of $33.27, changing hands for $33.28/share. When a stock reaches the target an analyst has set, the analy...
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Union Pacific Reaches Analyst Target Price

Forbes - 29 Jul 2016 13:46
In recent trading, shares of Union Pacific Corp (NYSE: UNP) have crossed above the average analyst 12-month target price of $92.00, changing hands for $93.08/share. When a stock reaches the target an analyst has set, the...
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How The Pieces Add Up: KBE Targets $35

Forbes - 29 Jul 2016 13:45
How The Pieces Add Up: KBE Targets $35 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weigh...
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Value Investing Ends Losing Streak, Beats Growth This Year After eating the dust of growth stocks for a decade, the value investing strategy has come out ahead this year. Some of the growth stocks that led last year’s returns either experienced altitude sickness or slowed. Alp...
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Acadia's Acquisition Spree Has Been A Poor Use of Capital The high-low fallacy makes certain investments appear much more attractive on the surface. When one peers below the surface, the fundamentals of the business are often revealed to be in much worse shape. This week’s Da...
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Allegiant Travel is Oversold

Forbes - 29 Jul 2016 22:08
Allegiant Travel is 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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Omega Healthcare Investors Named Top Dividend Stock With Insider Buying and 7.01% Yield (OHI) In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
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Moody's: Where Trump's Economic Policies Might Spark Recession, Clinton's Could Boost GDP And Lower Unemployment According to a pair of analyses from Moody's Analytics, Trump's policies could lead to a recession, while Clinton's could spark GDP growth and help lower unemployment.
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How The Fed Is Sparking Renewed Love For Emerging Markets As the developed world swims in the negative interest rates and the domestic markets soar to record highs, investors looking for higher yields can find them where they had stopped looking--the emerging markets.
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WisdomTree Stumped by Global Turbulence

Wall Street Journal - 29 Jul 2016 21:43
Poor market performance in Europe and Japan prompted investors to pull out of WisdomTree's flagship funds.
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