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Market News

Location American Market News for 16 November 2016

Why Samsung Is Buying Harman

Forbes - 16 Nov 2016 15:34
Samsung Electronics has announced a deal to buy U.S. car infotainment and audio company Harman in an all-cash transaction, valued at about $8 billion. The deal, which is expected to close in mid-2017, could make Samsung ...
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Demonetization effect trumps Trump impact on markets

livemint.com - 16 Nov 2016 04:24
Demonetization effect trumps Trump impact on markets The biggest fall has been in the Nifty Realty index, which, for obvious reasons, bears the brunt of demonetization
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Gold futures rise 0.24% on global cues

livemint.com - 16 Nov 2016 09:12
Gold futures rise 0.24% on global cues At the Multi Commodity Exchange, gold for delivery in December rose by Rs70, or 0.24%, to Rs29,390 per 10 gram
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Gap Inc.'s Stock Rises Despite A Fall In October Sales Investors seem to think that a small sales drop is better than a big one. Apparently this is the reason behind a rally in Gap Inc's share price since the time the company reported its October sales and its earnings guida...
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2 Ignored Investments With 8.3%+ Yields And 15% Upside You've probably been told you can't have high yields and high growth in the same investment. If you want growth, the traditional thinking goes, you need to accept little or no dividend income. And if you want high divide...
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Apple's Hot New Secret Product?

Forbes - 16 Nov 2016 18:21
Apple's Hot New Secret Product? Let's get it going, Tim Cook
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Wednesday's ETF with Unusual Volume: FTA

Forbes - 16 Nov 2016 19:43
The First Trust Large Cap Value AlphaDEX Fund ETF (FTA) is seeing unusually high volume in afternoon trading Wednesday, with over 271,000 shares traded versus three month average volume of about 72,000. Shares of FTA wer...
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IWD, PKB: Big ETF Inflows

Forbes - 16 Nov 2016 18:34
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Russell 1000 Value ETF (IWD), which added 4,400,000 units, or a 1.5% increase we...
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ADP Crosses Above Average Analyst Target

Forbes - 16 Nov 2016 16:04
In recent trading, shares of Automatic Data Processing Inc. (NASD: ADP) have crossed above the average analyst 12-month target price of $91.91, changing hands for $92.34/share. When a stock reaches the target an analyst ...
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In recent trading, shares of Seagate Technology plc (NASD: STX) have crossed above the average analyst 12-month target price of $38.50, changing hands for $38.51/share. When a stock reaches the target an analyst has set,...
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Let net worth lead your financial path

livemint.com - 16 Nov 2016 13:12
Let net worth lead your financial path The net worth will tell you where you stand and what corrective steps you need to take to get your finances back on track
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Top Buys by Directors: Brenneman's $5M Bet on BHI 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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Dow Movers: GS, VZ

Forbes - 16 Nov 2016 18:27
In early trading on Wednesday, shares of Verizon Communications (VZ) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.0%. Year to date, Verizon Communications registers a...
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Notable Wednesday Option Activity: GS, GOOG, CL Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Goldman Sachs Group, Inc. (NYSE: GS), where a total volume of 35,118 contracts has been traded thus far tod...
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Trump's Biotech Rally Based on False Hopes

Wall Street Journal - 16 Nov 2016 18:42
There have been a lot of big, somewhat dubious assumptions behind the rise in stocks since the election. But a big move higher in biotech shares isn't likely to last.
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As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. On Tuesday, PJT Partners (...
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As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. At Baker Hughes (BHI), a f...
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Apache Reaches Analyst Target Price

Forbes - 16 Nov 2016 16:37
In recent trading, shares of Apache Corp (NYSE: APA) have crossed above the average analyst 12-month target price of $60.59, changing hands for $63.39/share. When a stock reaches the target an analyst has set, the analys...
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UAL Crosses Above Average Analyst Target

Forbes - 16 Nov 2016 16:36
In recent trading, shares of United Continental Holdings Inc (NYSE: UAL) have crossed above the average analyst 12-month target price of $64.32, changing hands for $66.06/share. When a stock reaches the target an analyst...
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Three Ways Trump, GOP May Cut Social Security, Medicare President-elect Trump has some bold changes in store for your retirement. Here's what to watch for.
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In Trump's China, Industrial Subsidies Loom Large

Wall Street Journal - 16 Nov 2016 06:33
The president-elect has pilloried China for taking unfair advantages on trade. A key issue may be China's substantial subsidies to business.
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Warren Buffett Reports Buying 3 Airline Stocks, Cuts Walmart Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett (Trades, Portfolio) has updated his third-quarter portfolio Monday afternoon, revealing buys of airline companies. The three airline stocks purchased by him ...
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