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Market News

Location American Market News for 30 August 2016
AFL Named A Top Socially Responsible Dividend Stock AFLAC Inc. (NYSE: AFL) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.2% yield, as well as being recog...
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Why Euro Looks Stuck Even as Fed Gears Up to Move

Wall Street Journal - 30 Aug 2016 15:24
Unless Fed officials begin to show greater confidence that the U.S. economy can sustain notably higher rates, the euro looks set to remain stuck in a rut.
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Abercrombie Shares Plunge After A Terrible Quarter The company is struggling to attract shoppers at both its mall-based stores and its flagship locations.
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Salesforce.com Tries to Buy Its Way to Success

Wall Street Journal - 30 Aug 2016 22:40
As Salesforce.com gets set to report earnings, the question is whether its latest spate of deals and potential to do more are masking other concerns.
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Unloved Banks Might Get a Profit Boost

Wall Street Journal - 30 Aug 2016 22:32
Loan growth was robust in the second quarter, an encouraging sign, but will it stay strong if rates start to rise? ​
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This Fertilizer Merger Doesn't Smell Right

Wall Street Journal - 30 Aug 2016 22:27
A potential merger of Potash Corp of Saskatchewan and Agrium shows the level of desperation in the industry but would raise competition concerns.
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Macroeconomic snapshot: Growth, inflation numbers remain subdued Loose global monetary conditions and consequent capital flows to emerging markets in 2016 have resulted in a decline in yields globally
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Abercrombie & Fitch, DSW and G-III Apparel shares tanked after the retailers posted fiscal second-quarter earnings and revenue.
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Franco-Nevada Stock Getting Very Oversold

Forbes - 30 Aug 2016 22:05
Franco-Nevada Stock Getting Very Oversold In trading on Tuesday, shares of Franco-Nevada Corp (NYSE: FNV) entered into oversold territory, changing hands as low as $69.31 per share. We define oversold territory using the Relative Strength Index, or RSI, which is...
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Noteworthy Tuesday Option Activity: FIT, AMGN, SCTY Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Fitbit Inc (NYSE: FIT), where a total of 45,417 contracts have traded so far, representing approximately 4.5 mi...
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The hunt for yield and the rise of the Sensex

livemint.com - 30 Aug 2016 21:47
The hunt for yield and the rise of the Sensex Very low yields in the US, and indeed negative yields in Europe and Japan, have forced investors to take more risk in an attempt to get more returns
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Noteworthy Tuesday Option Activity: GEF, CY, XOM Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Greif Inc (NYSE: GEF), where a total of 989 contracts have traded so far, representing approximately 98,900 und...
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Notable Tuesday Option Activity: FB, CIEN, BOBE Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Facebook Inc (NASD: FB), where a total of 149,408 contracts have traded so far, representing approximately 14.9...
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Tuesday Sector Laggards: Utilities, Consumer Products The worst performing sector as of midday Tuesday is the Utilities sector, showing a 1.0% loss. Within that group, NRG Energy Inc (NYSE: NRG) and American Water Works Co, Inc. (NYSE: AWK) are two of the day's laggards, sh...
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Tuesday Sector Leaders: Financial, Industrial In afternoon trading on Tuesday, Financial stocks are the best performing sector, up 0.1%. Within the sector, MetLife Inc (NYSE: MET) and Wells Fargo & Co. (NYSE: WFC) are two large stocks leading the way, showing a gain...
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Noteworthy Tuesday Option Activity: AAL, BLK, DAL Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in American Airlines Group Inc (NASD: AAL), where a total of 41,339 contracts have traded so far, representing approxim...
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Noteworthy Tuesday Option Activity: ISRG, WFC, XLNX Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Intuitive Surgical Inc (NASD: ISRG), where a total of 782 contracts have traded so far, representing approximately 7...
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Annaly Capital Management's Series C Preferred Stock Shares Cross 7.5% Yield Mark In trading on Tuesday, shares of Annaly Capital Management Inc's 7.625% Series C Cumulative Redeemable Preferred Stock (NYSE: NLY.PRC) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9...
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Regions Financial's Preferred Stock, Series A Yield Pushes Past 6% In trading on Tuesday, shares of Regions Financial Corp's 6.375% Non-Cumulative Perpetual Preferred Stock, Series A (NYSE: RF.PRA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5938), ...
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Top Buys by Directors: Bonney's $116.7K Bet on ALNY 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...
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What Are The Factors Behind Soaring Air Travel Growth? Air travel worldwide is likely to double over the next two decades, driven by factors such as low air fares, higher living standards, and an expected recovery in the world gross domestic production. However, this growth ...
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Notable Tuesday Option Activity: PCLN, AVGO, MOS 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 4,939 contracts has been traded thus far today, ...
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