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Market News

Location American Market News for 23 December 2016

Sun Pharma shares trail Sensex first time in 6 years

livemint.com - 23 Dec 2016 05:16
Sun Pharma shares trail Sensex first time in 6 years Sun Pharma shares plunged 26% in 2016, its worst performance ever since the company was listed in 1994, 'Bloomberg' data shows
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Global steel output rises 5% in November

livemint.com - 23 Dec 2016 04:48
Global steel output rises 5% in November Since May, steel production has been rising continuously, reversing a decline seen in early 2016 and all of 2015
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Accenture results portend gloom for Indian IT sector

livemint.com - 23 Dec 2016 04:49
Accenture results portend gloom for Indian IT sector Accenture's revenue for the quarter to November rose 7% year-on-year in constant currency terms, and missed the Street's estimates by about one percentage point
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In recent trading, shares of Micron Technology Inc. (NASD: MU) have crossed above the average analyst 12-month target price of $21.07, changing hands for $23.19/share. When a stock reaches the target an analyst has set, ...
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The FOMC Thinks The Good Old Days Aren't Coming Back The dots that the FOMC members contribute to the plot indicate their expectations for the federal funds rate. Technically, it's what they think rates should be, not a prediction of what rates will be on those dates. Is t...
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RCom deleveraging fails to impress investors

livemint.com - 23 Dec 2016 04:50
RCom deleveraging fails to impress investors RCom will receive an upfront payment of Rs11,000 crore, besides 'B' class non-voting shares in the tower company
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The Implied Analyst 12-Month Target For VOT

Forbes - 23 Dec 2016 16:09
The Implied Analyst 12-Month Target For VOT 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...
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Stock Market A To Z: 26 Names, Themes And Trends To Watch In 2017 The Dow at record highs, the Donald Trump trade and more. What you need to know, watch and reconcile in the year ahead.
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Analysts Forecast 12% Gains Ahead For VUG

Forbes - 23 Dec 2016 16:10
Analysts Forecast 12% Gains Ahead For VUG 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...
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They're multimillionaires who live for high-speed thrills -- so what could you possibly give a Formula One world champion at Christmas? Nico Rosberg, Jackie Stewart and Mario Andretti reveal their wish list.
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Live: Sensex trades flat, HCL Technologies shares down 2% The BSE Sensex is currently trading higher by 37 points, or 0.14%, to 25,016, while the Nifty 50 of NSE rises 7 points, or 0.09%, to 7,986
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The Fed Threw In The Towel -- Here's Why

Forbes - 23 Dec 2016 04:48
The Fed Threw In The Towel -- Here's Why WASHINGTON, DC - DECEMBER 14: Federal Reserve Board Chair Janet Yellen holds a news conference after the central bank announced an increase in the benchmark interest rate following a Federal Open Market Committee meeting...
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AGU Crosses Above Average Analyst Target

Forbes - 23 Dec 2016 16:19
In recent trading, shares of Agrium, Inc. (NYSE: AGU) have crossed above the average analyst 12-month target price of $100.55, changing hands for $100.70/share. When a stock reaches the target an analyst has set, the ana...
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Trump Could Get Seven Appointments To The Fed WASHINGTON, DC - DECEMBER 14: Federal Reserve Board Chair Janet Yellen holds a news conference after the central bank announced an increase in the benchmark interest rate following a Federal Open Market Committee meeting...
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Interesting DLTR Put And Call Options For August 2017 Investors in Dollar Tree Inc (NASD: DLTR) saw new options begin trading this week, for the August 2017 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so w...
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Cypress Semiconductor About To Put More Money In Your Pocket (CY) Looking at the universe of stocks we cover at Dividend Channel, on 12/27/16, Cypress Semiconductor Corp. (NASD: CY) will trade ex-dividend, for its quarterly dividend of $0.11, payable on 1/19/17. As a percentage of CY's...
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Hershey Reaches Analyst Target Price

Forbes - 23 Dec 2016 16:19
In recent trading, shares of Hershey Company (NYSE: HSY) have crossed above the average analyst 12-month target price of $104.25, changing hands for $104.44/share. When a stock reaches the target an analyst has set, the ...
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Gold prices remain weak on low demand

livemint.com - 23 Dec 2016 11:59
Gold prices remain weak on low demand In Delhi, gold prices of 99.9% and 99.5% purity were down by Rs10 each to Rs27,850 and Rs27,700 per 10 grams, respectively
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Global gold prices head for seventh weekly loss

livemint.com - 23 Dec 2016 06:52
Global gold prices head for seventh weekly loss Spot gold prices rise up 0.2% to $1,131.19 an ounce by 8.36am
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Rupee opens marginally higher against US dollar

livemint.com - 23 Dec 2016 06:00
Rupee opens marginally higher against US dollar At 9.15am, the rupee was trading at 67.94 per US dollar, up 0.08% from its previous close of 67.99
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Opening bell: Asian markets open lower; Sun Pharma, Suzlon Energy, UBHL in news In other news, Shareholders of Tata Motors voted on a resolution to remove Nusli Wadia as a director at the company's extraordinary general meeting
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Italy's Bank Rescue Is a Precarious Balancing Act

Wall Street Journal - 23 Dec 2016 23:33
The bailout of Monte dei Paschi di Siena will have important implications for other weak lenders in Italy and the rest of Europe.
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