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Market News

Location American Market News for 13 October 2016
Starbucks Is Maintaining Its Competitive Edge A number of questions were raised, and are being raised, on Starbucks’ growth trajectory. A behemoth like it ought to slow down eventually. With the June quarter’s results coming in with lower than expected comparabl...
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Forget Marmite, Unilever's Price Problems Start With Its Stock

Wall Street Journal - 13 Oct 2016 16:16
The consumer-goods giant's underlying sales growth isn't what it seems.
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Why 2016 is the year of IPOs

livemint.com - 13 Oct 2016 23:27
Why 2016 is the year of IPOs Indian companies raised almost $3 billion though initial public offerings IPOs in the first nine months of 2016, the most since 2007
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RSI Alert: Yandex (YNDX) Now Oversold

Forbes - 13 Oct 2016 22:27
RSI Alert: Yandex (YNDX) 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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Pitney Bowes Becomes Oversold (PBI)

Forbes - 13 Oct 2016 22:27
Pitney Bowes Becomes Oversold (PBI) 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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3M Teams Up With Alphabet's Verily For Population Health Management Tools 3M Health Informations Systems, a business of 3M , and Verily Life Sciences (formerly Google Life Sciences), an Alphabet company, announced an agreement to develop new population health measurement technology for managin...
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Wall Street Heavyweight Goldman Sachs Launches Its Consumer Lending Platform Marcus Goldman Sachs, one of the most storied investment banks in the world, is getting into the consumer finance business with the launch of an online lending platform, Marcus.
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Relative Strength Alert For Unilever

Forbes - 13 Oct 2016 22:02
Relative Strength Alert For Unilever 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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International Paper (IP) Shares Cross 4% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of International Paper Co (NYSE: IP) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.85), w...
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Noteworthy Thursday Option Activity: OMC, DIS, RTN Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Omnicom Group, Inc. (NYSE: OMC), where a total of 6,662 contracts have traded so far, representing approximately 666...
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Noteworthy Thursday Option Activity: AXTA, MSFT, AXP Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Axalta Coating Systems Ltd (NYSE: AXTA), where a total of 8,167 contracts have traded so far, representing appr...
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Retail Shows Signs of Life

Wall Street Journal - 13 Oct 2016 21:17
Evidence is mounting that retail sales are poised for a rebound following a summer lull.
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The Case For Flexion To Double By Mid-2017

Forbes - 13 Oct 2016 21:00
The Case For Flexion To Double By Mid-2017 Twelve million patients see a doctor for osteoarthritis related knee pain. The current standard of care is to first try corticosteroid injections before moving on to opioid treatments which can be addictive. Todd Hagopia...
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RBI's forex forward position at 12-year low

livemint.com - 13 Oct 2016 20:41
RBI's forex forward position at 12-year low While this does not indicate the central bank's propensity or willingness to intervene in the market, the unwinding of RBI's forward position has brought down premiums
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September quarter: refining firms' earnings to decline sequentially Even though refining margins have risen a bit, lack of substantial inventory gains will mean that reported GRMs of Indian refining firms are likely to be sequentially lower
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Cipla: US FDA cloud over Indore plant clears

livemint.com - 13 Oct 2016 20:40
Cipla: US FDA cloud over Indore plant clears Cipla's sales to the US rose by 30% for its base business, although reported US sales declined due to one-off revenues from a high-value product in the year-ago quarter
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Weak e-commerce demand and high costs hit Blue Dart in Q2 Govt curbs on e-commerce discounts and subdued online purchases in July-September impacted the business-to-consumer e-tailing segment of the firm
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Rise In Bearish Investor Sentiment

Forbes - 13 Oct 2016 20:39
Pessimism among individual investors about stock prices dropping rebounded in the latest AAII Sentiment Survey.
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Kimco Realty's Class J Preferred Stock Yield Pushes Past 5.5% In trading on Thursday, shares of Kimco Realty Corp.'s 5.50% Class J Cumulative Redeemable Preferred Stock (NYSE: KIM.PRJ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.375), with sh...
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Noteworthy Thursday Option Activity: AMZN, AAL, EMN Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Amazon.com Inc. (NASD: AMZN), where a total of 68,599 contracts have traded so far, representing approximately 6.9 m...
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In a recent letter to its shareholders, Alibaba‘s Executive Chairman Jack Ma mentioned that with e-commerce rapidly becoming a “traditional business,” pure e-commerce players will face tremendous challenges. The co...
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Amazon's New Tune Speaks Volumes About Google Rivalry

Wall Street Journal - 13 Oct 2016 19:14
Amazon's new music service isn't just a play against Apple and Spotify. Google figures in.
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