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Market News

Location American Market News for 28 October 2016
Noteworthy Friday Option Activity: C, PAYC, HIG Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Citigroup Inc (NYSE: C), where a total of 90,055 contracts have traded so far, representing approximately 9.0 m...
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Bloomberg is reporting that Apple has significantly scaled down its automotive ambitions, dropping plans to build an electric car of its own, instead focusing on creating a self-driving platform that would give it the fl...
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Amazon Is Back to Its Old Big-Spending Ways

Wall Street Journal - 28 Oct 2016 04:50
Amazon's quarterly report shows the performance of its retail segment still matters a lot.
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Oversold Conditions For Synaptics (SYNA)

Forbes - 28 Oct 2016 22:29
Oversold Conditions For Synaptics (SYNA) 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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Express Scripts Holding is Now Oversold (ESRX) 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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Relative Strength Alert For Equifax

Forbes - 28 Oct 2016 22:08
Relative Strength Alert For Equifax 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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Notable Friday Option Activity: CELG, AAN, ZBRA Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Celgene Corp. (NASD: CELG), where a total volume of 33,040 contracts has been traded thus far today, a...
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Macerich (MAC) Shares Cross 4% Yield Mark

Forbes - 28 Oct 2016 21:18
Macerich (MAC) Shares Cross 4% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of Macerich Co. (NYSE: MAC) were yielding above the 4% mark based on its quarterly dividend (annualized to $2.84), with the sto...
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With Earnings, Twitter To Cut 9% Jobs As Revenue Growth Continues To Slow Twitter released weak third quarter results on Thursday, and said that it would cut 9% of its workforce or about 350 people in an effort to cut costs and inch closer to profitability. In the third quarter, the company's ...
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Top Buys by Directors: Henderson's $447.8K Bet on ITW The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
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Notable Friday Option Activity: TRIP, GT, GE Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Tripadvisor Inc (NASD: TRIP), where a total of 6,668 contracts have traded so far, representing approximately 666,80...
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Noteworthy Friday Option Activity: GOOGL, KORS, PFG Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alphabet Inc (NASD: GOOGL), where a total volume of 60,178 contracts has been traded thus far today, a cont...
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As Oil Slump Continues, Baker-Hughes Needs a Deal

Wall Street Journal - 28 Oct 2016 19:06
Baker-Hughes has seen its shares outperform larger peers but has good reason to talk to General Electric.
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Will Moonves Agree To Lead A Re-Merged CBS, Viacom? Re-merger of CBS, Viacom creates a new giant in the media-entertainment industry.
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Why Amazon's Tumble Is Hurting Jeff Bezos' Wallet, But Not The Tech Sector According to one powerful industry classification system, Amazon is not a tech stock.
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Oversold Conditions For Allergan (AGN)

Forbes - 28 Oct 2016 17:59
Oversold Conditions For Allergan (AGN) 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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Valeant Pharmaceuticals International is Now Oversold (VRX) 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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RSI Alert: Trinity Industries (TRN) 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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BNP's Capital Relief Should Be Contagious

Wall Street Journal - 28 Oct 2016 17:48
Rule change gives more breathing room before coupons and dividends are threatened.
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McKesson Sounds the Drug-Price Alarm

Wall Street Journal - 28 Oct 2016 17:46
In a worrisome sign for stocks, drug prices might not be rising as much as investors thought.
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AbbVie is Oversold

Forbes - 28 Oct 2016 17:42
AbbVie 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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Legg Mason Enters Oversold Territory

Forbes - 28 Oct 2016 17:41
Legg Mason Enters Oversold Territory 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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