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Market News

Location American Market News for 6 September 2016
Amid Stinging Sanctions Against Russia, Japan Comes To Help Western sanctions have ripped into the Russian economy, particularly the country's oil and gas sector, including the ability of Russian energy companies to obtain funding in U.S.dollars and euros. On Friday, Japan said i...
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U.S. Works Toward an Interest-Rate Rise

Wall Street Journal - 6 Sep 2016 03:58
After Friday's jobs report, the question is whether a decent labor market can translate into sustained overall growth, which would support a shift in the stock market last month; Tuesday's ISM nonmanufacturing index shou...
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A very different new high

livemint.com - 6 Sep 2016 23:37
A very different new high While Sensex and Nifty are now very close to their all-time closing highs reached on 3 March 2015, sector indices present a mixed picture
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The Single Life Suits Hewlett Packard Enterprise

Wall Street Journal - 6 Sep 2016 22:23
Investors have applauded Hewlett Packard Enterprise's narrower focus. Now it must justify its recent rally when it reports fiscal third-quarter results on Wednesday.
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Increased Bearishness Provides Contrarian Bull Market Signal Numerous negative stock market outlooks and concerns even as Wall Street focuses on 2017 growth, so looks like a good time to be a contrarian bull.
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New Cards Chip Away at Payment Companies

Wall Street Journal - 6 Sep 2016 22:12
The world's two biggest payment-terminal makers have reported disappointing results, citing difficulties in the U.S.
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With Spectra Energy Deal, Enbridge Seeks To Upstage Kinder Morgan Enbridge Inc. is angling to be the must own pipeline stock in North America, supplanting struggling industry bellwether Kinder Morgan.
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Singapore Exchange to exit BSE during IPO

livemint.com - 6 Sep 2016 21:53
Singapore Exchange to exit BSE during IPO Singapore Exchange is said to have put up its entire 5% stake in BSE for sale, which may earn it a gain of 15.4% on the Rs189 crore it invested in 2007
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Hess Stock Getting Very Oversold

Forbes - 6 Sep 2016 21:53
Hess Stock Getting Very Oversold In trading on Tuesday, shares of Hess Corp (NYSE: HES) entered into oversold territory, changing hands as low as $48.87 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a techni...
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WDR Breaks Above 10% Yield Territory

Forbes - 6 Sep 2016 21:36
WDR Breaks Above 10% Yield Territory Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Waddell & Reed Financial Incorporated (NYSE: WDR) were yielding above the 10% mark based on its quarterly dividend (annuali...
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How Enbridge and Spectra Inked a Clean Pipe Deal

Wall Street Journal - 6 Sep 2016 21:12
A proposed pipeline deal between Canada's Enbridge and Spectra of the U.S. should succeed because of simplicity, limited overlap and low commodity exposure.
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Tuesday Sector Laggards: Services, Financial Looking at the sectors faring worst as of midday Tuesday, shares of Services companies are underperforming other sectors, showing a 0.7% loss. Within the sector, Nordstrom, Inc. (NYSE: JWN) and Discovery Communications, ...
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Tuesday Sector Leaders: Energy, Utilities

Forbes - 6 Sep 2016 20:32
Tuesday Sector Leaders: Energy, Utilities In afternoon trading on Tuesday, Energy stocks are the best performing sector, up 1.7%. Within the sector, Spectra Energy Corp (NYSE: SE) and EOG Resources, Inc. (NYSE: EOG) are two large stocks leading the way, showing ...
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Noteworthy Tuesday Option Activity: MA, HES, AVGO Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in MasterCard Inc (NYSE: MA), where a total of 16,061 contracts have traded so far, representing approximately 1.6 mill...
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Top Buys by Top Brass: CFO Sterin's $235.1K Bet on TSO A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard...
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Volkswagen's Europe Fate Could Rob It Of Billions Of Dollars Volkswagen AG burst into the news last September, when the automaker admitted to fitting its ~11 million diesel vehicles with a software or ‘defeat device’ that kept emissions within the permissible limit when the ve...
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Noteworthy Tuesday Option Activity: CMI, DIS, GT Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cummins, Inc. (NYSE: CMI), where a total volume of 5,400 contracts has been traded thus far today, a contra...
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Noteworthy Tuesday Option Activity: PCLN, NFLX, WYN 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 8,838 contracts has been traded thus far today, ...
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Coca Cola's Next Move To Diversify Its Portfolio Recently, The Coca-Cola Company announced that its premium iced tea brand “Gold Peak” will launch ready to drink tea lattes and coffees in the first quarter of 2017. As the sales of its carbonated soft drinks decline...
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Noteworthy Tuesday Option Activity: COST, CMG, LLY Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Costco Wholesale Corp (NASD: COST), where a total volume of 15,074 contracts has been traded thus far today...
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Why the Market Is Betting on a Full Navistar Takeover

Wall Street Journal - 6 Sep 2016 19:20
If the strategic alliance works out, VW seems likely to take its investment in the U.S. truck maker further.
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Ericsson Becomes Oversold (ERIC)

Forbes - 6 Sep 2016 19:19
Ericsson Becomes Oversold (ERIC) 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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