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Market News

Location American Market News for 3 August 2016

Why BOE's Brexit Easing Might Miss the Mark

Wall Street Journal - 3 Aug 2016 14:46
The Bank of England is expected to act Thursday, but the time frame for the impact of Brexit is long and ill-defined.
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World's Top 20 Countries Tighten Scrutiny Of Shaky Chinese Economy China’s quickly expanding economy helped inspire the Group of Twenty nations to start holding leadership summits in 2008. Heads of state from the world’s most economically influential countries along with European Un...
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Papa John's shares rose as much as 5 percent on Wednesday after the company increased its guidance for 2016.
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Shares of fast-food chain Jack in the Box sprang up in trading Wednesday on strong quarterly earnings.
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The electric car maker says is seeing increases in demand for its vehicles, and plans for its Model 3 are on track.
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Payment technology company Square reported a narrower-than-expected loss on Wednesday as new sellers grew.
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Valspar Enters Oversold Territory

Forbes - 3 Aug 2016 22:01
Valspar Enters Oversold Territory 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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Welltower Named Top Dividend Stock With Insider Buying and 4.43% Yield (HCN) 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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Westar Energy Stock Getting Very Oversold

Forbes - 3 Aug 2016 22:00
Westar Energy Stock Getting Very Oversold In trading on Wednesday, shares of Westar Energy Inc (NYSE: WR) entered into oversold territory, changing hands as low as $54.34 per share. We define oversold territory using the Relative Strength Index, or RSI, which is...
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Noteworthy Wednesday Option Activity: SBGI, MNST, SCHL Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Sinclair Broadcast Group, Inc. (NASD: SBGI), where a total of 3,464 contracts have traded so far, representing ...
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BSE looks to divest up to 30% in CDSL through IPO

livemint.com - 3 Aug 2016 21:22
BSE looks to divest up to 30% in CDSL through IPO At an issue size of about Rs500 crore, CDSL will be valued at up to Rs1,500 crore
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R.R. Donnelley & Sons (RRD) Passes Through 6% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of R.R. Donnelley & Sons Co. (NASD: RRD) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.0...
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The Gap (GPS) Shares Cross 4% Yield Mark

Forbes - 3 Aug 2016 21:18
The Gap (GPS) Shares Cross 4% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of The Gap, Inc. (NYSE: GPS) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.92), with the...
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Wednesday Sector Laggards: Utilities, Consumer Products Looking at the sectors faring worst as of midday Wednesday, shares of Utilities companies are underperforming other sectors, showing a 0.5% loss. Within that group, NiSource Inc. (NYSE: NI) and DTE Energy Co (NYSE: DTE) ...
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Wednesday Sector Leaders: Energy, Financial Looking at the sectors faring best as of midday Wednesday, shares of Energy companies are outperforming other sectors, higher by 2.5%. Within that group, Williams Cos Inc (NYSE: WMB) and Newfield Exploration Co (NYSE: NF...
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Noteworthy Wednesday Option Activity: MHK, MET, M Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Mohawk Industries, Inc. (NYSE: MHK), where a total of 6,605 contracts have traded so far, representing approximately...
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Pfizer reported its Q2 results on Tuesday, August 2th, with 11% increase in revenue and 14% increase in EPS as compared to last year. We believe oncology and biosimilars to be growth engines for Pfizer in coming quarters...
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While Netflix‘s Q2 2016 results were disappointing, with its subscriber growth falling significantly short of its guidance, the company’s focus on original content is proving to be a winner. It’s new after show “...
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Noteworthy Wednesday Option Activity: FSLR, REGN, SIG Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in First Solar Inc (NASD: FSLR), where a total of 15,629 contracts have traded so far, representing approximately 1.6 m...
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AmSurg is Now Oversold (AMSG)

Forbes - 3 Aug 2016 19:18
AmSurg is Now Oversold (AMSG) 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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Kate Spade Enters Oversold Territory (KATE) 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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GST bill passed: Here are the winners and losers

livemint.com - 3 Aug 2016 18:32
GST bill passed: Here are the winners and losers The goods and services tax will undoubtedly give India a facelift on the taxation front
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