Market News
Monday Sector Laggards: Healthcare, Services
Forbes - 8 Aug 2016 20:33
In afternoon trading on Monday, Healthcare stocks are the worst performing sector, showing a 0.8% loss. Within that group, Bristol-Myers Squibb Co. (NYSE: BMY) and Patterson Companies Inc (NASD: PDCO) are two large stock...
Sotheby's surges as quarterly results top expectations
CNBC - 8 Aug 2016 23:59
Sotheby's shares surge on earnings.
LendingClub stock slides 3% as earnings per share miss, CFO steps down
CNBC - 8 Aug 2016 23:20
Embattled fintech company LendingClub saw shares fall amid leadership changes and a wider-than-expected earnings loss.
Want to Know Walt Disney's Score? Watch ESPN
Wall Street Journal - 8 Aug 2016 22:05
Disney's earnings will show the outsize impact ESPN still has on the slumping stock.
Top Buys by Directors: Farr's $174.6K Bet on PII
Forbes - 8 Aug 2016 21:05
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
Why Harry Potter Is NBCUniversal's Chosen One
Wall Street Journal - 8 Aug 2016 20:57
Comcast's NBCUniversal may have paid a high price for Harry Potter, But a good franchise can quickly pay for itself.
Notable Monday Option Activity: PCLN, BMY, HES
Forbes - 8 Aug 2016 20:29
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Priceline Group Inc. (NASD: PCLN), where a total volume of 13,367 contracts has been traded thus far today,...
Piramal Enterprises plans to raise Rs2,050 crore via NCDs
livemint.com - 8 Aug 2016 22:09
The non-convertible debentures, comprising both fully and partly paid, will be issued in one or more tranches from time to time
Relative Strength Alert For Great Plains Energy
Forbes - 8 Aug 2016 21:59
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 — ...
Why Mattress Firm May Give Steinhoff Sleepless Nights
Wall Street Journal - 8 Aug 2016 20:41
It remains unclear why the South African conglomerate is paying such a high price for the U.S. mattress retailer.
Monday Sector Leaders: Energy, Materials
Forbes - 8 Aug 2016 20:33
In afternoon trading on Monday, Energy stocks are the best performing sector, up 2.2%. Within that group, Marathon Oil Corp. (NYSE: MRO) and Tesoro Corporation (NYSE: TSO) are two of the day's stand-outs, showing a gain ...
Goldman Sachs Group's Preferred Stock, Series K Yield Pushes Past 5.5%
Forbes - 8 Aug 2016 20:29
In trading on Monday, shares of Goldman Sachs Group Incorporated's 6.375% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K (NYSE: GS.PRK) were yielding above the 5.5% mark based on its quarterly dividend (...
Enbridge's Preference Shares, Series H Crosses Above 7% Yield Territory
Forbes - 8 Aug 2016 20:25
In trading on Monday, shares of Enbridge Inc's Cumulative Redeemable Preference Shares, Series H (Toronto: ENB-PRH) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.00), with shares chang...
How AB InBev Will Derive Growth In Brazil During Tough Times
Forbes - 8 Aug 2016 20:12
Brazil is Anheuser-Busch InBev‘s second largest market behind the U.S., forming ~20% of the net volumes for the brewer, which operates in Brazil and other parts of South America through its subsidiary Ambev. Brazil is ...
Here's How Best Buy Can Benefit From The Growth In Virtual Reality
Forbes - 8 Aug 2016 19:34
The Virtual Reality market is expected to witness tremendous growth in the next few years and a Forrester report estimates that the demand for VR headsets will reach 52 million units by 2020. This new technology presents...
Noteworthy Monday Option Activity: KORS, NFLX, BIIB
Forbes - 8 Aug 2016 19:31
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Michael Kors Holdings Ltd (NYSE: KORS), where a total volume of 18,188 contracts has been traded thus far t...
Top Buys by Top Brass: CEO Panayiotopoulos's $200K Bet on ARIA
Forbes - 8 Aug 2016 19:17
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard...
Gold Weaker On Follow-Through Selling, Post U.S. Jobs Report
Forbes - 8 Aug 2016 19:16
Gold prices ended the U.S. day session modestly lower and hit a two-week low Monday. Follow-through selling following Friday’s down day was featured. The precious metals markets have taken a hit in the aftermath of a s...
Hero MotoCorp: margins beat the Street in Q1
livemint.com - 8 Aug 2016 18:38
Hero MotoCorp's margin beat for the June quarter is impressive, especially given the trend of rising input costs
Iron Mountain is Now Oversold (IRM)
Forbes - 8 Aug 2016 18:00
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...
Olympic Stocks' Brief Moment of Glory
Wall Street Journal - 8 Aug 2016 17:45
Shares of Brazilian companies seen as Olympic Games beneficiaries are soaring, but new research suggests they may soon come back down to earth.
Sebi should give NSE case closure before framing algorithmic trading rules
livemint.com - 8 Aug 2016 17:44
If, for instance, the charges of collusion and unfair access are true, the market structure changes proposed by Sebi alone will not help