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Market News

Location American Market News for 12 August 2016

PSP, VGLT: Big ETF Outflows

Forbes - 12 Aug 2016 17:04
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the PowerShares Global Listed Private Equity Portfolio (PSP), where 1,950,000 units w...
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EEM, DRIP: Big ETF Inflows

Forbes - 12 Aug 2016 17:01
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI Emerging Markets ETF (EEM), which added 33,300,000 units, or a 4.2% increas...
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Nasdaq 100 Movers: MYL, MU

Forbes - 12 Aug 2016 16:43
In early trading on Friday, shares of Micron Technology (MU) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.3%. Year to date, Micron Technology registers a 4.3% gain.
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Dow Movers: MSFT, XOM

Forbes - 12 Aug 2016 16:39
In early trading on Friday, shares of Exxon Mobil (XOM) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.6%. Year to date, Exxon Mobil registers a 11.9% gain.
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CXRX shares plunged more than 27 percent after it posted quarterly earnings that missed estimates and replaced their CFO.
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Ruby Tuesday shares fell 12 percent after the company posted weak same-store sales and reported that it would shutter 13 percent of its restaurants.
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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
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Ex-Dividend Reminder: Alaska Air Group, MSA Safety and Southwest Airlines Looking at the universe of stocks we cover at Dividend Channel, on 8/16/16, Alaska Air Group, Inc. (NYSE: ALK), MSA Safety Inc (NYSE: MSA), and Southwest Airlines Co (NYSE: LUV) will all trade ex-dividend for their respe...
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Get An Even Better Deal On IVZ Than Director Johnson III Did There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on August 1, Invesco Ltd's Director, Ben F. Johnson III, invested $58,480.00 in...
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Ex-Dividend Reminder: Columbia Sportswear, Autoliv and Thomson Reuters Looking at the universe of stocks we cover at Dividend Channel, on 8/16/16, Columbia Sportswear Co. (NASD: COLM), Autoliv Inc. (NYSE: ALV), and Thomson Reuters Corp (NYSE: TRI) will all trade ex-dividend for their respec...
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Cash Dividend On The Way From Thomson Reuters (TRI) On 8/16/16, Thomson Reuters Corp (Toronto: TRI) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 9/15/16. As a percentage of TRI's recent stock price of $54.74, this dividend works out to approxima...
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Ex-Div Reminder for SNC-Lavalin Group (SNC)

Forbes - 12 Aug 2016 16:33
Ex-Div Reminder for SNC-Lavalin Group (SNC) On 8/16/16, SNC-Lavalin Group Inc (Toronto: SNC) will trade ex-dividend, for its quarterly dividend of $0.26, payable on 9/1/16. As a percentage of SNC's recent stock price of $56.31, this dividend works out to approxima...
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Cash Dividend On The Way From Phillips 66 (PSX) Looking at the universe of stocks we cover at Dividend Channel, on 8/16/16, Phillips 66 (NYSE: PSX) will trade ex-dividend, for its quarterly dividend of $0.63, payable on 9/1/16. As a percentage of PSX's recent stock pr...
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CNSL Dividend Yield Pushes Above 6%

Forbes - 12 Aug 2016 21:16
CNSL Dividend Yield Pushes Above 6% Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of Consolidated Communications Holdings Inc (NASD: CNSL) were yielding above the 6% mark based on its quarterly dividend (annua...
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Olin (OLN) Passes Through 4% Yield Mark

Forbes - 12 Aug 2016 21:14
Olin (OLN) Passes Through 4% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of Olin Corp. (NYSE: OLN) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.80), with the stock...
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CF Industries Holdings Named Top Dividend Stock With Insider Buying and 5.40% Yield (CF) 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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Notable Friday Option Activity: TGT, AMG, AMGN Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Target Corp (NYSE: TGT), where a total volume of 30,146 contracts has been traded thus far today, a contrac...
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Stock Pickers' Very Bad Year

Wall Street Journal - 12 Aug 2016 20:07
Active managers have registered an exceptionally weak performance in 2016. But relief could be on the way.
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Nvidia Reports Strong Quarter Driven By The Pascal Launch & Strength In Deep Learning Leading GPU manufacturer Nvidia reported its Q2 2017 earnings on August 11th. The company built on its growth momentum by posting revenues of $1.43 billion, an increase of 24% over the prior year and 9% quarter to quarte...
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Why Facebook Is Investing In a Hardware Lab

Forbes - 12 Aug 2016 19:34
Recently, Facebook posted a blog about the opening of “Area 404”, a 22,000 square foot fully equipped hardware lab in its Menlo Park office. While Facebook generates most of its revenues from advertisements on its co...
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Noteworthy Friday Option Activity: GOOGL, DE, CMG Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alphabet Inc (NASD: GOOGL), where a total volume of 15,813 contracts has been traded thus far today, a cont...
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Concordia International: When Lawsuits Don't Pay Off

Wall Street Journal - 12 Aug 2016 18:55
The drugmaker's dismal results highlight the dangers of attacking critics.
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