Market News
Buffett and the Naked Truth About Dow Chemical
Wall Street Journal - 16 Dec 2016 23:22
The conversion of $4 billion in preferred stock by Dow Chemical leaves Warren Buffett's Berkshire Hathaway as a major shareholder of the firm, but probably not for long.
Claris Lifesciences shares gain 20% on Baxter deal
livemint.com - 16 Dec 2016 06:37
At 9.42am, Claris Lifesciences' stock was trading at Rs 397 on BSE, up 10.8% from its previous close
Economy running on 60% less currency
livemint.com - 16 Dec 2016 04:06
Taking together the deposit, withdrawal and exchange of cash between 9 November and to date, the amount available with public for carrying out transactions has fallen 60%
Nintendo Loses First Round of Super Mario iPhone Launch
Wall Street Journal - 16 Dec 2016 12:56
Super Mario's debut on the iPhone sent Nintendo shares lower. A different mobile revenue strategy may help.
Oversold Conditions For China Mobile (CHL)
Forbes - 16 Dec 2016 19:08
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...
Russia's Soaring Markets Defy Messy Geopolitics
Wall Street Journal - 16 Dec 2016 16:07
Russia's economic policy and oil have underpinned gains for investors.
The Trump Trade: Stocks' Biggest Postelection Rally Ever
Wall Street Journal - 16 Dec 2016 00:08
On the doorstep of Dow 20000, this rally has achieved another more meaningful market milestone. The Dow's 8% gain in the five weeks after Donald Trump's victory is the biggest surge following any U.S. presidential electi...
Top Buys by Directors: Plueger's $119K Bet on SPR
Forbes - 16 Dec 2016 18:37
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...
Analysts Forecast 16% Upside For IYH
Forbes - 16 Dec 2016 16:04
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weigh...
It's Dow vs Nikkei for bragging rights with 20,000 within grasp
livemint.com - 16 Dec 2016 18:14
US Dow Jones is less than 100 points from the milestone while the Japanese Nikkei index is about 600 points away
Donald Trump Could Double The Wealth Of Private Equity Billionaires And Change Wall Street Forever
Forbes - 16 Dec 2016 00:11
Tax reform could create the biggest change in the private equity industry since firms like Blackstone and Apollo listed their shares, doubling the wealth of billionaires like Stephen Schwarzman and Leon Black.
Adobe's Big Cloud to Fill
Wall Street Journal - 16 Dec 2016 19:03
Software maker Adobe has moved most of its business to the cloud while also accelerating growth.
UAL Crosses Above Average Analyst Target
Forbes - 16 Dec 2016 16:07
In recent trading, shares of United Continental Holdings Inc (NYSE: UAL) have crossed above the average analyst 12-month target price of $74.14, changing hands for $74.79/share. When a stock reaches the target an analyst...
Inter Pipeline About To Put More Money In Your Pocket (IPL)
Forbes - 16 Dec 2016 17:53
On 12/20/16, Inter Pipeline Ltd (Toronto: IPL) will trade ex-dividend, for its monthly dividend of $0.135, payable on 1/16/17. As a percentage of IPL's recent stock price of $29.27, this dividend works out to approximate...
Celanese Reaches Analyst Target Price
Forbes - 16 Dec 2016 16:07
In recent trading, shares of Celanese Corp (NYSE: CE) have crossed above the average analyst 12-month target price of $82.40, changing hands for $82.90/share. When a stock reaches the target an analyst has set, the analy...
Honeywell shares tank after weak fourth-quarter earnings forecast
CNBC - 16 Dec 2016 15:04
Honeywell expects fourth-quarter earnings of about $1.74 per share.
Notable Friday Option Activity: IBM, FSLR, TGT
Forbes - 16 Dec 2016 21:36
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in International Business Machines Corp. (NYSE: IBM), where a total volume of 16,855 contracts has been traded...
What a Michael Kors Bag at Macy's Says About Christmas Sales
Wall Street Journal - 16 Dec 2016 20:58
Retailers are getting savvier about adjusting their prices based on short-term demand, the latest data from Heard on the Street's retail experiment shows.
Noteworthy Friday Option Activity: DIS, FCX, GILD
Forbes - 16 Dec 2016 22:53
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Walt Disney Co. (NYSE: DIS), where a total of 40,233 contracts have traded so far, representing approximately 4...
Opec deal tests oil majors' appetite for risk and reward
livemint.com - 16 Dec 2016 05:22
Opec's deal to cut production, boost prices gives oil firms the opportunity to shake off two years of layoffs and slumping profits to start investing again
Nalco: higher costs singe profitability in Q2
livemint.com - 16 Dec 2016 04:18Notable Friday Option Activity: CAT, ULTA, FDX
Forbes - 16 Dec 2016 21:39
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Caterpillar Inc. (NYSE: CAT), where a total volume of 24,955 contracts has been traded thus far today, a co...