Market News
What Gas Stations in China Offer Investors
Wall Street Journal - 14 Dec 2016 12:23
A $10 billion IPO of Sinopec's gas-station business will bring fatter margins for state-owned oil giant Sinopec.
Remittances, bedrock of dollar flows, eroding
livemint.com - 14 Dec 2016 21:47
Private transfers that include remittances have been slowing since 2015, a fallout of the crash in global crude oil prices
Coal India's Q2 profit sunk by higher costs and lower prices
livemint.com - 14 Dec 2016 21:32Insurance fraud more organised, not individual acts
livemint.com - 14 Dec 2016 12:50Asia business confidence slips
livemint.com - 14 Dec 2016 21:51
Firms flagged political uncertainty as a key near-term risk, including that brought by the election of Trump in the US--an outcome some cited as a key risk three months prior
The Key to a More Hawkish Fed: Inflation
Wall Street Journal - 14 Dec 2016 23:41
The Fed's outlook on interest rates might not be hawkish enough if inflation continues on its recent trajectory
Rupee trades marginally higher against US dollar
livemint.com - 14 Dec 2016 05:56
At 9.15am, the rupee was trading at 67.50 per US dollar--up 0.06% from its previous close of 67.54
Global gold prices firm as dollar dips ahead of Fed rate decision
livemint.com - 14 Dec 2016 07:13
Spot gold prices were up 0.2% at $1,160.50 an ounce by 8.53am. The metal remained above a 10-month low of $1,151.34 an ounce touched on Monday
Deal-Hungry Sanofi Shouldn't Overpay for Actelion
Wall Street Journal - 14 Dec 2016 18:49
Pharma giant Sanofi risks paying too much for a rare-disease biotech.
BB&T's Series E Preferred Stock Shares Cross 6% Yield Mark
Forbes - 14 Dec 2016 21:52
In trading on Wednesday, shares of BB&T Corp.'s Series E Non-Cumulative Perpetual Preferred Stock (NYSE: BBT.PRE) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4062), with shares chang...
Wednesday Sector Leaders: Financial, Industrial
Forbes - 14 Dec 2016 21:43
Looking at the sectors faring best as of midday Wednesday, shares of Financial companies are outperforming other sectors, up 0.1%. Within that group, Progressive Corp. (NYSE: PGR) and Regions Financial Corp (NYSE: RF) ar...
Oversold Conditions For Universal Health Services (UHS)
Forbes - 14 Dec 2016 19:10
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...
AEE Crosses Above Average Analyst Target
Forbes - 14 Dec 2016 16:13
In recent trading, shares of Ameren Corp (NYSE: AEE) have crossed above the average analyst 12-month target price of $51.50, changing hands for $51.92/share. When a stock reaches the target an analyst has set, the analys...
Noteworthy Wednesday Option Activity: SRPT, DAL, C
Forbes - 14 Dec 2016 22:35
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Sarepta Therapeutics Inc (NASD: SRPT), where a total volume of 12,127 contracts has been traded thus f...
Ex-Dividend Reminder: PulteGroup, Tiffany and Israel Chemicals
Forbes - 14 Dec 2016 17:11
Looking at the universe of stocks we cover at Dividend Channel, on 12/16/16, PulteGroup Inc (NYSE: PHM), Tiffany & Co. (NYSE: TIF), and Israel Chemicals Ltd (NYSE: ICL) will all trade ex-dividend for their respective upc...
Reynolds American Reaches Analyst Target Price
Forbes - 14 Dec 2016 16:13
In recent trading, shares of Reynolds American Inc (NYSE: RAI) have crossed above the average analyst 12-month target price of $55.40, changing hands for $55.77/share. When a stock reaches the target an analyst has set, ...
Land This Deal Even Lower Than Director Buck Did
Forbes - 14 Dec 2016 23:12
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on December 7, Patterson Companies Inc's Director, John D. Buck, invested $99,9...
Notable Wednesday Option Activity: SLB, ADSK, LW
Forbes - 14 Dec 2016 22:35
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Schlumberger Ltd. (NYSE: SLB), where a total of 25,644 contracts have traded so far, representing approximately...
Investment Secret: Tapping The Wisdom Of The Marketplace
Forbes - 14 Dec 2016 16:47
Examining a stock's price is a good way to incorporate the "wisdom of crowds" when contemplating what to buy for your portfolio, a lesson taught by bees' behavior in finding food.
SHO Named Top 10 REIT at Dividend Channel With 13.60% Yield
Forbes - 14 Dec 2016 14:50
Sunstone Hotel Investors Inc (NYSE: SHO) has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among...
Noteworthy Wednesday Option Activity: LVS, NDSN, JPM
Forbes - 14 Dec 2016 22:36
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Las Vegas Sands Corp (NYSE: LVS), where a total of 30,585 contracts have traded so far, representing approximat...
Top Buys by Directors: Ciampa's $144.3K Bet on NYCB
Forbes - 14 Dec 2016 22:23
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...