Market News
Oil Is Slicker Than Water at GE
Wall Street Journal - 31 Oct 2016 20:09
General Electric is dumping its water business while combining the oil and gas unit with Baker Hughes, but probably not because it needs the cash.
Honda lifts annual profit forecast by 8.3% on lower costs, sees sales up
CNBC - 31 Oct 2016 13:32
Honda Motor raised its full-year profit forecast due to lower costs and cost cuts which it expects will offset the impact of a stronger currency.
Apple and Microsoft Are Right to Boot Up PC Efforts
Wall Street Journal - 31 Oct 2016 01:51
Rumors of the death of personal computers have been greatly exaggerated. They still matter, to both Apple and Microsoft.
Donald Trump roils emerging markets
livemint.com - 31 Oct 2016 21:48
At least one gauge, the MSCI Emerging Markets Index, shows that investors aren't just jittery, they're holding their breath ahead of voting on 8 November
Cloud Bill: Why Amazon, Microsoft and Google Are Likely to Keep Spending
Wall Street Journal - 31 Oct 2016 21:26
Trailing 12-month capital investments are now at $30 billion for three largest cloud vendors.
Market round-up: RBI gets the best price at open market operations
livemint.com - 31 Oct 2016 20:56
In the open market operations auction of 25 October, banks were willing to sell government bonds to RBI at 10-15 basis points higher than the prevailing yield in market
UPL: riding the Latin America wave
livemint.com - 31 Oct 2016 20:56
Revenues from the region are up 34% against the 26% rise in the first two quarters, better than the 10% rise in India
Grasim Industries Q2: Stellar earnings; completion of AB Nuvo merger key
livemint.com - 31 Oct 2016 20:55
Consolidated net profit at Grasim Industries rose 50.4% to Rs845.96 crore and consolidated net sales increased 2.7% to Rs9261.78 crore, year-on-year
Mahindra Finance: where is the rural recovery?
livemint.com - 31 Oct 2016 20:54
Gross non-performing assets grew by a massive 35% to form 11% of the loan book as of 30 September
Monday Sector Leaders: Utilities, Financial
Forbes - 31 Oct 2016 20:34
In afternoon trading on Monday, Utilities stocks are the best performing sector, higher by 2.3%. Within that group, NRG Energy Inc (NYSE: NRG) and American Electric Power Company, Inc. (NYSE: AEP) are two of the day's st...
Noteworthy Monday Option Activity: DVA, CMI, EMR
Forbes - 31 Oct 2016 20:23
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in DaVita Inc (NYSE: DVA), where a total of 21,686 contracts have traded so far, representing approximately 2.2 million...
Notable Monday Option Activity: WYNN, CTL, NKE
Forbes - 31 Oct 2016 20:07
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Wynn Resorts Ltd (NASD: WYNN), where a total of 11,206 contracts have traded so far, representing approximately 1.1 ...
Exxon Mobil's Stock Continues To Plunge Despite Improvement In Earnings
Forbes - 31 Oct 2016 19:58
Exxon Mobil's stock dropped almost 2.5% soon after the company reported its third quarter 2016 financial results on 28th October 2016. While the US-based integrated company reported a sequential improvement in its earnin...
Qualcomm's Top-Line Likely TO Take A Hit From Samsung's Note 7 Disaster
Forbes - 31 Oct 2016 19:40
Leading chipset market, Qualcomm is set to report its Q4 2016 earnings on November 2nd. (Fiscal years end with September.) In Q3, the company witnessed a year-over-year increase in its top-line, after reporting consecuti...
The Only Thing on Sale at Coach Is Its Stock
Wall Street Journal - 31 Oct 2016 19:18
Coach's shares have lost about 17% over the past three months and look undervalued relative to peers.
How The Wealthy Harvest Losses For Gain
Forbes - 31 Oct 2016 19:10
Shutterstock As the end of year approaches, family office investors assess the performance of their portfolios and consider how to position for the coming year. As part of this exercise, family offices routinely look for...
Record coffee demand spurred by millennials' caffeine fix hunt
livemint.com - 31 Oct 2016 19:03
Trend among younger coffee drinkers is also playing out in other big consumers including Brazil and even tea-loving Chin
Top Buys by Directors: Muilenburg's $239.8K Bet on CAT
Forbes - 31 Oct 2016 19:03
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...
WPP Gets a Boost, for Now, From Digital Competition
Wall Street Journal - 31 Oct 2016 18:34
Intense competition is probably responsible for bumpy sales by WPP and other ad industry giants.
Big Mergers May Face a Higher Bar in Washington
Wall Street Journal - 31 Oct 2016 18:25
The White House is looking at the impact on jobs and pay when approving corporate deals, including planned mergers like General Electric-Baker Hughes and AT&T-Time Warner.
Avoiding Fear And Greed In Your Financial Planning
Forbes - 31 Oct 2016 18:25
Next time your instincts are telling you to act in times of panic or euphoria, the Fear & Greed of other investors may provide some valuable context to prevent emotions from taking over your decisions.
The M&A Boom In Cybersecurity
Forbes - 31 Oct 2016 18:20
The cybersecurity industry is in the midst of an M&A wave as larger companies are expanding their product lines via inorganic growth. This has been the case with recent deals such as Symantec and Blue Coat, Avast and AVG...