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Market News

Location American Market News for 1 August 2016
Health Care Tops List Of Investors' Favorite Sectors According to the latest AAII survey investors currently like these sectors the best.
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Shares of AMC Entertainment Holdings slipped more than 3 percent Monday after the company posted disappointing quarterly results.
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Ghost of Glass-Steagall Returns to Haunt Bankers

Wall Street Journal - 1 Aug 2016 23:08
Shareholders wouldn't likely benefit from the forced breakup of any of the major banks.
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New export orders at six-month high in July, says Nikkei India PMI According to the survey, the movement in the rupee, which has depreciated 2.88% since February 2016, aided exporters
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America's Booming Auto Market Is Showing Its Age

Wall Street Journal - 1 Aug 2016 22:10
Ford Motor last week jolted the U.S. auto industry, saying industry sales have peaked following six years of growth. The warning reverberated across the market.
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Relative Strength Alert For Amerisafe

Forbes - 1 Aug 2016 21:59
Relative Strength Alert For Amerisafe 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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CNO Financial Group Becomes Oversold

Forbes - 1 Aug 2016 21:59
CNO Financial Group Becomes 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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SPN Stock Crowded With Sellers

Forbes - 1 Aug 2016 21:49
SPN Stock Crowded With Sellers In trading on Monday, shares of Superior Energy Services, Inc. (NYSE: SPN) entered into oversold territory, changing hands as low as $14.77 per share. We define oversold territory using the Relative Strength Index, or RS...
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Shoppers Stop: not much retail therapy

livemint.com - 1 Aug 2016 21:47
Shoppers Stop: not much retail therapy The stand-alone year-on-year revenue growth of 10.6% to `772 crore was insufficient for the company to report better operating performance
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Noteworthy Monday Option Activity: AIG, IDTI, LULU Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in American International Group Inc (NYSE: AIG), where a total volume of 25,181 contracts has been traded...
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Low truck rentals may dampen prospects for commercial vehicles After falling in June, truck rentals continued to decline even in July
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CXP Breaks Above 5% Yield Territory

Forbes - 1 Aug 2016 21:09
CXP Breaks Above 5% Yield Territory Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Columbia Property Trust Inc (NYSE: CXP) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.20...
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VER Breaks Above 5% Yield Territory

Forbes - 1 Aug 2016 21:06
VER Breaks Above 5% Yield Territory Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of VEREIT Inc (NYSE: VER) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.55), with the stock...
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Monday Sector Laggards: Energy, Materials

Forbes - 1 Aug 2016 20:35
Monday Sector Laggards: Energy, Materials The worst performing sector as of midday Monday is the Energy sector, showing a 3.7% loss. Within the sector, Diamond Offshore Drilling, Inc. (NYSE: DO) and Murphy Oil Corp (NYSE: MUR) are two large stocks that are laggi...
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Monday Sector Leaders: Healthcare, Utilities Looking at the sectors faring best as of midday Monday, shares of Healthcare companies are outperforming other sectors, higher by 0.4%. Within that group, Biogen Inc (NASD: BIIB) and Alexion Pharmaceuticals Inc. (NASD: A...
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Notable Monday Option Activity: XOM, AMGN, TAP Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Exxon Mobil Corp. (NYSE: XOM), where a total of 84,971 contracts have traded so far, representing approximately 8.5 ...
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Urban Outfitters Is Implementing Changes To Differentiate Itself In the face of serious competition from fast-fashion and internet retailers, there is a need among brick and mortar companies to differentiate themselves from the market. One such company, Urban Outfitters, has been empl...
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Enbridge's Preference Shares, Series F, Cross 6.5% Yield Mark In trading on Monday, shares of Enbridge Inc's Cumulative Redeemable Preference Shares, Series F (Toronto: ENB-PRF) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.00), with shares cha...
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AB InBev Announces Anticipated Close Date For SABMiller Purchase The world's largest brewer expects to take over its biggest competitor this fall.
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While Alibaba might be dominating the Chinese e-commerce market, Amazon is looking at indirect ways to attract to growing Chinese internet buyers to its platform. Recently the company launched a Chinese version of its Ja...
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A Double Dose of Risk for Tesla in SolarCity Deal

Wall Street Journal - 1 Aug 2016 19:37
Elon Musk's two cash-burning companies agree to merge, testing the entrepreneur's ability to keep valuation high and funding costs low.
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Investors Can Only Outperform The Market By Thinking Differently From The Herd Last week investors closed the books on July, which saw the S&P 500 climb 3.56% — outperforming the Dow Jones Industrial Average, but lagging the 6.6% move in the Nasdaq Composite Index over the last month. While the W...
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