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Market News

Location American Market News for 18 August 2016

Why Nestlé's Stock Tastes Bitter-Sweet

Wall Street Journal - 18 Aug 2016 17:36
There was plenty to get gloomy about in Nestlé's second-quarter results, but the Swiss branded goods company's shares go from strength to strength.
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High court rulings take sting out of ED probe into NSEL scam Accused in NSEL scam are no longer cooperating as summons are no longer backed by the threat of arrest, thanks to a Punjab and Haryana high court ruling
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Japanese Banks and the Coming Dollar Funding Crush

Wall Street Journal - 18 Aug 2016 23:09
For Japanese banks, just like their profits, dollars are suddenly a scarcer commodity.
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Factors That Can Lead To An Upside In BP's Stock Price BP Plc., the London-based integrated oil and gas company, has always been in the news, mostly for the wrong reasons. Not only has the company been suffering a dent in its reputation due to the 2010 Deepwater Horizon Oil ...
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Shares of NetApp spiked more than 17 percent after the company beat earnings and revenue estimates.
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Relative Strength Alert For AT&T

Forbes - 18 Aug 2016 22:12
Relative Strength Alert For AT&T 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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Emerging markets are back in favour

livemint.com - 18 Aug 2016 22:02
Emerging markets are back in favour So far this year, the MSCI Emerging Markets Index is up 14.55%, easily beating the 4.14% rise in the MSCI World Index
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Justdial's chase for growth has hit margins badly

livemint.com - 18 Aug 2016 21:58
Justdial's chase for growth has hit margins badly Justdial added a large number of sales staff in the March quarter, but thanks to increased competition, average realization for its paid listings fell by 9% y-o-y
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In pre-IPO allotment, RBL Bank nets Rs364 crore

livemint.com - 18 Aug 2016 21:35
In pre-IPO allotment, RBL Bank nets Rs364 crore RBL Bank will become the country's first private-sector bank to go public in more than a decade
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Govt should focus on 'make for India', building road infrastructure: Sanjay Guglani The chief investment officer at Silverdale Funds says the government should also look at reforms in other key areas where Indians spend the most--children's education, housing and healthcare
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Sebi seeks inputs from investment bankers to reverse slump in QIP activity So far this year, only five companies have raised funds through QIP, managing just Rs708.5 crore, according to data from primary market tracker Prime Database
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Chipotle Stock Price Action May Serve Up Another Round Of Heartbreak Here are two momentum stocks to watch on the long side, and two shorts to watch in this overheated market.
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Thursday Sector Laggards: Financial, Healthcare In afternoon trading on Thursday, Financial stocks are the worst performing sector, showing a 0.1% loss. Within the sector, Lincoln National Corp. (NYSE: LNC) and Extra Space Storage Inc (NYSE: EXR) are two of the day's ...
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Lean Harvest Expected for Deere

Wall Street Journal - 18 Aug 2016 20:20
More pain is expected for Deere when it reports quarterly results on Friday.
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Caterpillar shares slump on machinery sales declines.
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Investors Land SHLX 5.7% Lower Than Its Secondary Stock Offering Looking back to 92 days ago, Shell Midstream Partners LP (NYSE: SHLX) priced a 10,500,000 share secondary stock offering at $33.25 per share. Buyers in that offering made a considerable investment into the company, expec...
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Notable Thursday Option Activity: JPM, LLY, CSX Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in JPMorgan Chase & Co (NYSE: JPM), where a total volume of 69,623 contracts has been traded thus far today, a...
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Noteworthy Thursday Option Activity: PVH, AIG, LB Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PVH Corp (NYSE: PVH), where a total volume of 5,775 contracts has been traded thus far today, a contract vo...
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Gold Boosted By Bullish 'Outside Markets'

Forbes - 18 Aug 2016 19:20
Gold Boosted By Bullish 'Outside Markets' (Kitco News) - Gold prices ended the U.S. day session moderately higher Thursday, supported by a lower U.S. dollar index and higher crude oil prices. December Comex gold was last up $8.00 an ounce at $1,357.00. September...
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'Mind The Gap' In Retirement

Forbes - 18 Aug 2016 19:02
'Mind The Gap' In Retirement The possibility of retirement, for many Americans, comes down to the question, "do I have enough money to retire?" But retirement is not all about money, according to retirement planning experts Randy and Arwen Becker, t...
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Yield Seekers Can Have it Both Ways With Banks

Wall Street Journal - 18 Aug 2016 18:48
U.S. bank stocks offer safe dividend yields and attractive valuations.
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As Markets Move Past Brexit, Central Banks Keep Hanging On

Wall Street Journal - 18 Aug 2016 18:17
Despite market calm, Brexit remains a source of potential disruption. That means easier monetary policy, at least at the margins.
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