Market News
New Jersey Resources (NJR) Shares Enter Oversold Territory
Forbes - 11 Aug 2016 21:57
In trading on Thursday, shares of New Jersey Resources Corp (NYSE: NJR) entered into oversold territory, changing hands as low as $34.86 per share. We define oversold territory using the Relative Strength Index, or RSI, ...
Globalization 2.0 Is Coming To An End
Forbes - 11 Aug 2016 22:00
I’m not the only free trader who is having second thoughts. Stephen Roach, formerly chief economist at Morgan Stanley, wrote:
SWX Stock Crowded With Sellers
Forbes - 11 Aug 2016 21:57
In trading on Thursday, shares of Southwest Gas Corporation (NYSE: SWX) entered into oversold territory, changing hands as low as $72.52 per share. We define oversold territory using the Relative Strength Index, or RSI, ...
Camp Kotok Forecasts: The One That Got Away
Wall Street Journal - 11 Aug 2016 21:45
The eminent economists gathered in Maine for last week's Camp Kotok literally put their money where their mouths are for a survey of economic indicators.
Cypress Semiconductor (CY) Passes Through 4% Yield Mark
Forbes - 11 Aug 2016 21:21
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Cypress Semiconductor Corp. (NASD: CY) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.4...
JK Lakshmi Cement turns the corner; expansions key
livemint.com - 11 Aug 2016 23:34
JK Lakshmi Cement's share prices have surged on expectations of robust June quarter earnings, since cement prices in north India saw a 14% increase
MRF profit margin unscathed by higher rubber prices
livemint.com - 11 Aug 2016 23:29
MRF's June quarter results in line with the industry trend where tyre makers have reported better profit margins in spite of a spurt in rubber prices
Buffett Favorite Phillips 66 Unexpectedly Goes Quiet
Forbes - 11 Aug 2016 23:00
Phillips 66 is down about 20% from its 52 week high and currently has a dividend yield of 3.25%. Although the dividend is attractive, the best value investors look for a significant capital gain as well. Rahul Garg says ...
Relative Strength Alert For KLA-Tencor
Forbes - 11 Aug 2016 22:33
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...
Bulk of reforms expected from government are largely done: Rahul Bajoria
livemint.com - 11 Aug 2016 22:08
The regional economist at Barclays Plc on investor expectations on reforms and India's growth prospects
Invesco Named Top Dividend Stock With Insider Buying and 3.82% Yield (IVZ)
Forbes - 11 Aug 2016 21:58
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...
Noteworthy Thursday Option Activity: YHOO, CXW, KATE
Forbes - 11 Aug 2016 21:46
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Yahoo! Inc. (NASD: YHOO), where a total volume of 52,481 contracts has been traded thus far today, a c...
Welcome To Y'all Street: The Cities Challenging New York For Financial Supremacy
Forbes - 11 Aug 2016 21:38
The U.S. financial services industry has bounced back from the Great Recession, but the fastest job creation is taking place far from Wall Street, in the South and the 'Mormon belt' in the Intermountain West.
Why Shutters are Coming Down at Macy's
Wall Street Journal - 11 Aug 2016 21:15
Macy's move to close 100 stores isn't a magic bullet, but it is better than standing still.
Barclays Worth $11 Despite Headwinds Presented By Brexit Over Coming Years
Forbes - 11 Aug 2016 21:00
Since the beginning of the year, Barclays has seen its shares lose more than 35% of their value, primarily as investors dumped shares of the U.K.-based banking giant in light of the negative impact Brexit will have on th...
Healthy Consumer Spending Is No Comfort for Retailers
Wall Street Journal - 11 Aug 2016 20:54
Consumers aren't afraid to spend these days, but as Friday's retail-sales report will likely show, they are also becoming more discerning about what, where and how they make their purchases.
Thursday Sector Laggards: Utilities, Financial
Forbes - 11 Aug 2016 20:34
In afternoon trading on Thursday, Utilities stocks are the worst performing sector, showing a 0.1% loss. Within that group, Exelon Corp (NYSE: EXC) and Southern Company (NYSE: SO) are two large stocks that are lagging, s...
Thursday Sector Leaders: Energy, Services
Forbes - 11 Aug 2016 20:33
In afternoon trading on Thursday, Energy stocks are the best performing sector, higher by 2.3%. Within that group, Devon Energy Corp. (NYSE: DVN) and Chesapeake Energy Corp. (NYSE: CHK) are two large stocks leading the w...
Noteworthy Thursday Option Activity: HBI, CVX, REGN
Forbes - 11 Aug 2016 20:32
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in HanesBrands Inc (NYSE: HBI), where a total volume of 20,846 contracts has been traded thus far today, a con...
Collaring Best Buy For Dividends, Bagging Premium In Coach Puts
Forbes - 11 Aug 2016 20:21
I'm willing to buy Coach, but to provide us with a wider margin of safety against overpaying, I would like to buy it cheaper than prices near $40 where it trades today. Holding it at a potential cost basis of $38 sounds ...
Top Buys by Directors: Armstrong's $782.4K Bet on PAA
Forbes - 11 Aug 2016 20:13
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...
General Motors' Positive Guidance On China Should Please Investors
Forbes - 11 Aug 2016 20:08
According to our estimates, China is the most valuable segment for General Motors, accounting for more than 50% of its valuation. We expect total vehicle sales in China by the company to increase steadily over our foreca...