Market News
Companies Blaming the Election for Their Results Is a Lame Excuse
Wall Street Journal - 7 Nov 2016 02:49
From the weather to Brexit, companies have a list of excuses; the presidential election is the latest.
Ferrari improves full-year guidance after third quarter beats forecasts
CNBC - 7 Nov 2016 13:56
Ferrari raised its outlook for the year after reporting a better-than-expected 10 percent rise in third-quarter adjusted core earnings.
Oversold Conditions For Parkland Fuel (PKI)
Forbes - 7 Nov 2016 23:56
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...
Global Markets Begin To Price In Clinton Victory After FBI Director Comey Closes Email Probe
Forbes - 7 Nov 2016 23:49
Global markets are beginning to price in a victory by Democratic presidential nominee Hillary Clinton in the 2016 presidential elections.
How Will Johnson Controls Perform In Its Fourth Quarter?
Forbes - 7 Nov 2016 23:41
Johnson Controls will report its fourth quarter and year ended September 30th earnings on November 8, with consensus estimates of $1.17 for EPS and revenues of $9.71 billion in the fourth quarter. The merger of Johnson C...
Priceline Revenue Climbs Thanks To A Busy Summer For Travel
Forbes - 7 Nov 2016 23:36
However, the company also took a hefty $941 million charge on OpenTable.
Stocks Surge: In Bull Markets, Big Moves Happen On The Upside
Forbes - 7 Nov 2016 22:47
Over the weekend, the FBI cleared Hillary in the latest email scandal. As expected, this sparked a big rally on Wall Street as the market finally rallied from deeply oversold levels. Nearly every single measure of sentim...
The Prepaid And Wholesale Businesses Of Nationwide Carriers Trended Well In Q3
Forbes - 7 Nov 2016 22:47
The prepaid wireless market has been looking relatively attractive to U.S. carriers, on account of growing attach rates of data plans, which is helping to bolster ARPUs and also due to an increasing shift to monthly bill...
Notable Monday Option Activity: TGT, JPM, MON
Forbes - 7 Nov 2016 22:29
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Target Corp (NYSE: TGT), where a total of 14,732 contracts have traded so far, representing approximately 1.5 m...
Noteworthy Monday Option Activity: FOLD, LNKD, SBUX
Forbes - 7 Nov 2016 22:28
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Amicus Therapeutics Inc (NASD: FOLD), where a total volume of 8,162 contracts has been traded thus far...
CXW Dividend Yield Pushes Above 15%
Forbes - 7 Nov 2016 22:19
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Corrections Corporation of America (NYSE: CXW) were yielding above the 15% mark based on its quarterly dividend (annualized ...
DH Crosses Above 8% Yield Territory
Forbes - 7 Nov 2016 22:11
In trading on Monday, shares of DH Corp (Toronto: DH) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.28), with the stock changing hands as low as $15.45 on the day. Dividends are partic...
RBI issues clarifications on hedging for ECBs
livemint.com - 7 Nov 2016 22:04
The ECB borrower will be required to cover both principal as well as coupon payments through the hedges done, starting from the day of borrowing
Monday Sector Leaders: Healthcare, Technology & Communications
Forbes - 7 Nov 2016 21:35
Looking at the sectors faring best as of midday Monday, shares of Healthcare companies are outperforming other sectors, higher by 2.2%. Within the sector, Centene Corp (NYSE: CNC) and Biogen Inc (NASD: BIIB) are two of t...
Monday Sector Laggards: Utilities, Materials
Forbes - 7 Nov 2016 21:34
Looking at the sectors faring worst as of midday Monday, shares of Utilities companies are underperforming other sectors, up 1.2%. Within that group, Consolidated Edison Inc (NYSE: ED) and Dominion Resources Inc (NYSE: D...
Noteworthy Monday Option Activity: CMI, BA, WYNN
Forbes - 7 Nov 2016 21:21
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cummins, Inc. (NYSE: CMI), where a total volume of 11,097 contracts has been traded thus far today, a contr...
Notable Monday Option Activity: DIS, DG, C
Forbes - 7 Nov 2016 21:20
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Walt Disney Co. (NYSE: DIS), where a total volume of 33,163 contracts has been traded thus far today, a con...
Top Buys by Top Brass: Chief Executive Officer Pickett's $637.9K Bet on OHI
Forbes - 7 Nov 2016 21:07
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard...
Notable Monday Option Activity: TRIP, KSU, HD
Forbes - 7 Nov 2016 20:33
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tripadvisor Inc (NASD: TRIP), where a total volume of 7,565 contracts has been traded thus far today, a con...
These U.S. Companies to Benefit Whoever WinsTuesday
Wall Street Journal - 7 Nov 2016 20:14
Rare bipartisan common ground on corporate tax reform could benefit some big U.S. companies after the election.
Time Is Running Out for Concordia International
Wall Street Journal - 7 Nov 2016 19:55
Drugmaker Concordia International's poor results reflect a dire outlook.
Hedge Funds Wrong-Footed on Bond Bets
Wall Street Journal - 7 Nov 2016 19:55
Computer-driven hedge funds' big bets on bonds are coming back to bite them. The $277 billion sector, which has been bulk buying government bonds, has taken a battering as yields have spiked.