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Market News

Location American Market News for 24 October 2016
This or that: Ulip versus traditional insurance policy There are two types of insurance plans in the market that allow investments: unit-linked insurance plans (Ulips) and traditional plans
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China's Big Insurance Buy Leaves Lots of Risk

Wall Street Journal - 24 Oct 2016 14:05
With China Oceanside's offer for U.S.-listed insurer Genworth Financial, a Chinese knight in shining armor has come to the rescue yet again. But it may not have made things safe for investors.
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Bank Stocks: Play The NIM, NIM, NIMS

Forbes - 24 Oct 2016 18:08
My Three Musketeers are stirring - JPMorgan Chase, Citigroup and Bank of America, getting my money. Not that they're fundamentally cheap at 10 to 11 times earnings and near book value. Historically, banks sell at 60% of ...
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FactSet Research Systems is Oversold

Forbes - 24 Oct 2016 22:04
FactSet Research Systems 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 -- s...
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Obamacare Is Draining Our Financial Reserves Democratic presidential nominee Hillary Clinton addresses a campaign event, October 22, 2016 at Taylor Allderdice High School in Pittsburgh, Pennsylvania. / AFP / Robyn BECK (Photo credit should read ROBYN BECK/AFP/Getty...
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Sebi looks to tighten rules for credit rating agencies Sebi aims to ensure that credit rating processes are insulated from business decisions; regulator likely to allow for suspension of ratings
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Notable Monday Option Activity: PCAR, ATHN, LMT Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in PACCAR Inc. (NASD: PCAR), where a total of 6,182 contracts have traded so far, representing approximately 618,2...
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Notable Monday Option Activity: KMB, GS, FEYE Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Kimberly-Clark Corp. (NYSE: KMB), where a total volume of 6,898 contracts has been traded thus far tod...
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Notable Monday Option Activity: RMBS, WPG, MRK Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Rambus Inc. (NASD: RMBS), where a total of 2,798 contracts have traded so far, representing approximately 279,8...
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Market round-up: Dollar index at 8-month high on US Fed rate hike odds Dollar index touched a fresh eight-month high of 98.71 against a basket of currencies in Asian trade on Monday
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Apple Gets Polished Ahead of Results

Wall Street Journal - 24 Oct 2016 21:04
Investor sentiment toward Apple has improved ahead of Tuesday's earnings report even as a key streak is poised to snap.
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KEC International: Strong orders will power performance Capital goods firm KEC international is well poised in power transmission and distribution segment, where fresh orders have been robust since January
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Idea Cellular Q2 results: Does the Reliance Jio impact show? The fact that performance metrics are worsening even before the full impact of the Reliance Jio launch is visible is a worrying sign for investors
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Monday Sector Leaders: Technology & Communications, Consumer Products In afternoon trading on Monday, Technology & Communications stocks are the best performing sector, up 1.0%. Within the sector, Qorvo Inc (NASD: QRVO) and NVIDIA Corp (NASD: NVDA) are two of the day's stand-outs, showing ...
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Beyond The Void, a new 'free-to-play' RTS-MOBA game could be poised to storm the gaming industry backed by an initial coin offering (ICO) and Ethereum blockchain tokens, which are being presented in a gaming partnership ...
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Monday Sector Laggards: Energy, Utilities

Forbes - 24 Oct 2016 20:44
Monday Sector Laggards: Energy, Utilities In afternoon trading on Monday, Energy stocks are the worst performing sector, showing a 1.1% loss. Within that group, Chesapeake Energy Corp. (NYSE: CHK) and Southwestern Energy Company (NYSE: SWN) are two large stocks ...
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Is This The Calm Before The Market Storm?

Forbes - 24 Oct 2016 20:37
Is This The Calm Before The Market Storm? One thing remains certain thus far in 2016, market leadership continues to change and evolve.
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Noteworthy Monday Option Activity: CLX, QRVO, FDX Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Clorox Co (NYSE: CLX), where a total of 5,400 contracts have traded so far, representing approximately 540,000 under...
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Public Storage's Preferred Stock, Series X Yield Pushes Past 5% In trading on Monday, shares of Public Storage's 6.450% Cumulative Preferred Stock, Series X (NYSE: PSA.PRX) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.30), with shares changing han...
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Why AT&T Is Buying Time Warner

Forbes - 24 Oct 2016 20:08
AT&T announced that it will acquire Time Warner in a stock and cash deal valued at $85.4 billion, integrating its vast distribution network, which spans wireless and broadband services and pay TV, with Time Warner's medi...
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Apple is scheduled to publish its Q4 FY 2016 earnings on October 25th, reporting on an eventful quarter that saw the firm refresh its flagship iPhone and introduce a new version of the Apple Watch. Below, we outline some...
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10 Offbeat Economic Indicators That (Might) Predict The Future Here's a sampling of 10 of the weirdest economic indicators out there. The effects of economic strength or weakness are far-reaching and, occasionally, humorous.
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