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Market News

Location American Market News for 29 September 2016
Genesis Colors files IPO papers to raise up to Rs650 crore The initial public offering comprises fresh issue of shares worth Rs380 crore and offer for sale of up to 1,916,741 equity scrips by existing shareholders
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Did the stock market grab the surgical strikes as an excuse to sell off? Several analysts said the Indian equity market was ripe for a correction, given the stretched valuations in spite of little change in earnings growth
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NXP Can Help Qualcomm Shift Its Gears

Wall Street Journal - 29 Sep 2016 23:08
Qualcomm remains too reliant on smartphone chips; a deal with NXP would add diversity.
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RSI Alert: Vertex Pharmaceuticals (VRTX) Now Oversold 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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Madison Square Garden is Now Oversold (MSG)

Forbes - 29 Sep 2016 22:27
Madison Square Garden is Now Oversold (MSG) 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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The Gap Becomes Oversold

Forbes - 29 Sep 2016 22:00
The Gap Becomes Oversold 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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Intercontinental Exchange is Oversold

Forbes - 29 Sep 2016 21:59
Intercontinental Exchange is Oversold 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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Consumer surveys have yielded starkly conflicting results of late ahead of the presidential election. Here is one way for investors to sift through the noise.
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Notable Thursday Option Activity: DIS, REGN, BHI Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Walt Disney Co. (NYSE: DIS), where a total of 32,572 contracts have traded so far, representing approximately 3...
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Noteworthy Thursday Option Activity: AMBA, POST, DE Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ambarella, Inc. (NASD: AMBA), where a total volume of 7,684 contracts has been traded thus far today, ...
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How to Play the Viacom-CBS Sibling Rivalry

Wall Street Journal - 29 Sep 2016 21:35
For Viacom and CBS, a no-premium deal may be the most likely outcome.
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Income Investors Just Got A Gift From The SEC Cheap bonds are hard to find in a world dominated by negative short-term interest rates. Record-low yields on long-dated government bonds, corporate bonds priced to perfection and high volatility emerging market debt do ...
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FTIL sells entire stake in Bourse Africa for $10.5 million In 2014, Continental Africa Holdings had agreed to buy Bourse Africa for $40.5 million
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Notable Thursday Option Activity: VLO, PFE, AGN Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Valero Energy Corp. (NYSE: VLO), where a total volume of 25,706 contracts has been traded thus far today, a...
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Notable Thursday Option Activity: VIAB, FB, COP Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Viacom Inc (NASD: VIAB), where a total of 56,938 contracts have traded so far, representing approximately 5.7 millio...
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Wells Fargo's Preferred Stock, Series A Shares Cross 6% Yield Mark In trading on Thursday, shares of Wells Fargo & Co.'s 6.375% Cumulative Perpetual Preferred Stock, Series A (NYSE: WFE.PRA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5938), with sh...
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Noteworthy Thursday Option Activity: QCOM, C, AMGN Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Qualcomm, Inc. (NASD: QCOM), where a total volume of 56,630 contracts has been traded thus far today, a con...
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Notable Thursday Option Activity: HES, TRIP, WYNN Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Hess Corp (NYSE: HES), where a total of 25,595 contracts have traded so far, representing approximately 2.6 million ...
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China Is The New Growth Market For United Continental The Chinese market is set to pass the United States, to become the largest market for business air travel. In line with this development, a number of airlines are looking to establish a firm foothold in this market. The ...
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Margin expansion key to support high valuation at Escorts The sudden turnaround in tractor sales after several quarters of contraction is a reason for re-rating the company's stock
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Markets round-up: India among most overvalued Asian markets Credit Suisse examines the view that India has a very low PEG ratio, or price-to-earnings as a ratio of earnings growth; therefore, making its valuations attractive
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The fracas over Wells Fargo is resurrecting an old debate over whether bank chiefs should also serve as board chairmen.
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