Market News
New Sales Model Obscures Weakness at Software Maker
Wall Street Journal - 25 Oct 2016 23:26
Software-maker PTC's transition to a subscription model is clouding its results, leading to a big stock rally.
Chipotle turnaround still slower than expected
CNBC - 25 Oct 2016 23:08
It looks like Chipotle Mexican Grill isn't headed for a turnaround any time soon as earnings disappointed again.
Panera shrugs off industry slump, topping estimates and raising forecast
CNBC - 25 Oct 2016 22:59
Panera Bread topped Wall Street's expectations for the third quarter and raised its forecast for the year.
Applied Industrial Technologies Becomes Oversold
Forbes - 25 Oct 2016 22:37
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...
RSI Alert: Graphic Packaging Holding Now Oversold
Forbes - 25 Oct 2016 22:37
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...
Apple falls 2% as it posts 3rd straight quarter of year-on-year revenue declines
CNBC - 25 Oct 2016 22:35
With 45.5 million units, the company reported more iPhone sales than expected during the quarter.
After September Rush, Leveraged Loan Issuance Stays Hot, But High-Yield Goes Cold
Forbes - 25 Oct 2016 22:27
Leveraged finance volume for the week ended Oct. 21 was $12.5 billion, up from $7.9 billion the prior week but well off September's pace, when average weekly volume was $23.5 billion. Leveraged loans accounted for $10.7 ...
Noteworthy Tuesday Option Activity: CLF, MGM, COF
Forbes - 25 Oct 2016 22:18
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cliffs Natural Resources, Inc. (NYSE: CLF), where a total volume of 31,359 contracts has been traded t...
Noteworthy Tuesday Option Activity: SLGN, ATR, CMCSA
Forbes - 25 Oct 2016 22:17
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Silgan Holdings Inc. (NASD: SLGN), where a total of 1,169 contracts have traded so far, representing approximat...
Masco shares drag homebuilders after earnings miss
CNBC - 25 Oct 2016 22:05
Masco shares shed 9 percent on Tuesday after the company reported quarterly results that missed analyst expectations.
Whirlpool shares plunge after earnings miss, tracking for worst day in nearly 5 years
CNBC - 25 Oct 2016 22:01
Whirlpool shares fell more than 10 percent in Tuesday after the appliance maker missed third-quarter earnings forecasts.
Noteworthy Tuesday Option Activity: VLO, NOC, ASGN
Forbes - 25 Oct 2016 22:01
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Valero Energy Corp. (NYSE: VLO), where a total of 26,051 contracts have traded so far, representing approximate...
Nielsen Holdings shares plummet after earnings disappoint
CNBC - 25 Oct 2016 22:01
Shares of Nielsen Holdings plummeted in intraday trade Tuesday after its quarterly earnings missed expectations.
Here Is The Precedent Behind The AT&T Time Warner Deal
Forbes - 25 Oct 2016 21:17
AT&T (T) wants to acquire Time Warner Inc ($TWX) for $85.4 billion. Over the past 72 hours, this has been the lead story in the financial media. People in favor of the deal argue the deal does not raise anti-trust issues...
NorthStar Realty Finance (NRF) Passes Through 11% Yield Mark
Forbes - 25 Oct 2016 21:10
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of NorthStar Realty Finance Corp (NYSE: NRF) were yielding above the 11% mark based on its quarterly dividend (annualized to $...
Tuesday Sector Laggards: Materials, Consumer Products
Forbes - 25 Oct 2016 20:56
In afternoon trading on Tuesday, Materials stocks are the worst performing sector, showing a 1.0% loss. Within the sector, Sherwin-Williams Co (NYSE: SHW) and Masco Corp. (NYSE: MAS) are two large stocks that are lagging...
Tuesday Sector Leaders: Utilities, Financial
Forbes - 25 Oct 2016 20:56
The best performing sector as of midday Tuesday is the Utilities sector, up 0.2%. Within that group, NiSource Inc. (NYSE: NI) and Sempra Energy (NYSE: SRE) are two large stocks leading the way, showing a gain of 1.0% and...
Notable Tuesday Option Activity: FFIV, GOOG, JNJ
Forbes - 25 Oct 2016 20:55
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in F5 Networks, Inc. (NASD: FFIV), where a total of 5,284 contracts have traded so far, representing approximately 528,...
AT&T Will Launch $35-Per-Month Streaming TV With 100+ Channels
Forbes - 25 Oct 2016 20:17
"DirecTV Now" will launch with partnerships from at least 3 major TV companies.
Travelers Companies Named Top Dividend Stock With Insider Buying and 2.46% Yield (TRV)
Forbes - 25 Oct 2016 20:07
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
TransCanada's Preferred Series 7 Shares Cross 5.5% Yield Mark
Forbes - 25 Oct 2016 20:06
In trading on Tuesday, shares of TransCanada Corp's Cumulative Redeemable First Preferred Shares, Series 7 (Toronto: TRP-PRD) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.00), with ...
Markets Don't Seem Optimistic That AT&T Time Warner Deal Will Go Through
Forbes - 25 Oct 2016 19:49
Last Saturday, AT&T announced that it had agreed to acquire media behemoth Time Warner for about $85 billion, in a cash and stock deal, that it expects to close before the end of 2017. However, there is skepticism that t...