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Market News

Location American Market News for 29 August 2016
Mondelez Gives Up Its Pursuit Of Hershey Merger Cadbury maker Mondelez International announced Monday that it is ending its discussions to buy The Hershey Company.
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Jack Dorsey Offers Investors A Square Deal

Forbes - 29 Aug 2016 23:00
Jack Dorsey Offers Investors A Square Deal Jack Dorsey has provided the world two platforms to empower businesses of all sizes in Square and Twitter. Square provides any business a quick and easy way to accept credit cards from any location, and Twitter provides ...
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RBI Annual Report 2015-16: Household financial savings rise Gross financial savings of households in fiscal year 2016 increased to 10.8% of gross national disposable income from 10% in the previous year
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Relative Strength Alert For Vantiv

Forbes - 29 Aug 2016 22:25
Relative Strength Alert For Vantiv 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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SolarCity Becomes Oversold (SCTY)

Forbes - 29 Aug 2016 22:24
SolarCity Becomes Oversold (SCTY) 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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In my recent article – Fishing for Value AND Yield — I laid out my five-step screening process to filter through thousands of stocks in order to identify a few stocks you might want to add to your portfolio.
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Commercial sector: flow of funds falls in first four months of FY17 We will know soon enough whether this slowdown is reflected in the GDP data for the first quarter
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By how much have banks passed on the repo rate cut to their customers? While banks have been quick to reduce deposit rates, they have been tardy about bringing down lending rates
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Gannett Enters Oversold Territory

Forbes - 29 Aug 2016 22:02
Gannett 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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Company Fundamentals Write Scathing Review Of Yelp Despite significant deterioration of business fundamentals, Yelp (YELP) has seen its share price rise more than 30% year-to-date. Investors have bought into a growth story, however, that not only fails to produce profi...
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Notable Monday Option Activity: VAL, SRPT, AAPL Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Valspar Corp (NYSE: VAL), where a total volume of 10,013 contracts has been traded thus far today, a c...
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Monday Sector Leaders: Financial, Materials

Forbes - 29 Aug 2016 20:43
Monday Sector Leaders: Financial, Materials In afternoon trading on Monday, Financial stocks are the best performing sector, higher by 1.1%. Within the sector, Wells Fargo & Co. (NYSE: WFC) and Ventas Inc (NYSE: VTR) are two large stocks leading the way, showing a...
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Noteworthy Monday Option Activity: RHT, USB, UNP Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Red Hat Inc (NYSE: RHT), where a total volume of 8,614 contracts has been traded thus far today, a contract...
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AmTrust Financial Services' Preferred Stock, Series A Crosses Above 6.5% Yield Territory In trading on Monday, shares of AmTrust Financial Services Inc's 6.75% Non-Cumulative Preferred Stock, Series A (NYSE: AFSI.PRA) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6875), ...
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Why Fitbit's New Band Got a Healthy Reception

Wall Street Journal - 29 Aug 2016 20:28
Fitness band maker has much cheaper multiple as it updates flagship devices.
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Why Lighter Shelves Won't Support Sagging Retailers for Long

Wall Street Journal - 29 Aug 2016 19:29
Retail inventories are the healthiest they have been in a long time, but investors shouldn't expect the discipline to last very long.
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The Board of Directors of Harris (NYSE:HRS) has increased the quarterly cash dividend by six percent from 50 cents per share to 53 cents per share and declared a quarterly cash dividend of 53 cents per share, payable Sep...
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Grifols Barcelona Enters Oversold Territory (GRFS) 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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Walt Disney Enters Oversold Territory (DIS)

Forbes - 29 Aug 2016 18:06
Walt Disney Enters Oversold Territory (DIS) 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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S&P 500 Analyst Moves: AGN

Forbes - 29 Aug 2016 17:57
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Allergan (AGN) is now the #75 analyst pick, moving up by 1 spot.
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Dow Analyst Moves: NKE

Forbes - 29 Aug 2016 17:56
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Nike (NKE) is the #8 analyst pick.  Nike also comes in above the median of ...
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Coal India sets 9 September as record date for share buyback Coal India announced that its shareholders have approved buyback of 10.89 crore shares at a price of Rs335 apiece, aggregating to Rs3,650 crore
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