Market News
Why It's a Good Time to Restock Your Wine Cellar
Wall Street Journal - 4 Jan 2017 10:27
Bordeaux prices have jumped this year in sterling terms, but remain close to multi-year lows in dollars.
Slippery Logic to Russia's Oil-Cut Claim
Wall Street Journal - 4 Jan 2017 20:04
Russia's pledge to cut output may have less impact on oil supply than the headlines suggest.
The World Is Entering A "Localism" Era
Forbes - 4 Jan 2017 22:50
President-elect Donald Trump, left, accompanied by Trump Chief of Staff Reince Priebus, right, and Retired Gen. Michael Flynn, a senior adviser to Trump, center, speaks to members of the media at Mar-a-Lago, in Palm Beac...
Will Schlumberger Continue To Be An Industry Leader In 2017?
Forbes - 4 Jan 2017 21:36
As crude oil prices remained above the $50 per barrel mark for most of December, the oilfield services industry seems to have entered the year 2017 with a lot of optimism. With more than a 25% decline in the global spend...
Wednesday Sector Leaders: Materials, Services
Forbes - 4 Jan 2017 21:32
In afternoon trading on Wednesday, Materials stocks are the best performing sector, up 1.8%. Within that group, Freeport-McMoran Copper & Gold (NYSE: FCX) and Mosaic Co (NYSE: MOS) are two large stocks leading the way, s...
Wednesday Sector Laggards: Energy, Utilities
Forbes - 4 Jan 2017 21:32
The worst performing sector as of midday Wednesday is the Energy sector, not showing much of a gain. Within the sector, Valero Energy Corp. (NYSE: VLO) and Tesoro Corporation (NYSE: TSO) are two of the day's laggards, sh...
Amazon's Next Move In India: 'Sell As Individual' To Expand E-Commerce
Forbes - 4 Jan 2017 21:00
India is undoubtedly a key market for Amazon and the company is leaving no stone unturned to capture the e-commerce growth in the region.
Trump Taps Wall Street Laywer Jay Clayton To Head SEC
Forbes - 4 Jan 2017 19:47
Clayton is expected to help usher in a period of deregulation.
Envisioning a Fannie and Freddie Endgame
Wall Street Journal - 4 Jan 2017 19:40
Fannie Mae and Freddie Mac can only be dealt with through a comprehensive solution that takes into account the interests of homeowners.
New Residential Investment Named Top Dividend Stock With Insider Buying and 11.64% Yield (NRZ)
Forbes - 4 Jan 2017 18:29
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
Ex-Dividend Reminder: Intuit, Verizon Communications and AT&T
Forbes - 4 Jan 2017 17:19
Looking at the universe of stocks we cover at Dividend Channel, on 1/6/17, Intuit Inc (NASD: INTU), Verizon Communications Inc (NYSE: VZ), and AT&T Inc (NYSE: T) will all trade ex-dividend for their respective upcoming d...
Ex-Dividend Reminder: Ethan Allen Interiors, General Mills and Darden Restaurants
Forbes - 4 Jan 2017 17:18
Looking at the universe of stocks we cover at Dividend Channel, on 1/6/17, Ethan Allen Interiors, Inc. (NYSE: ETH), General Mills, Inc. (NYSE: GIS), and Darden Restaurants, Inc. (NYSE: DRI) will all trade ex-dividend for...
2016 Price Ranges Were Spot On, What About 2017?
Forbes - 4 Jan 2017 17:11
Stocks opened the New Year on a positive note as the major averages closed with nice gains and the 3-1 positive advance/decline ratios were a good sign. The new high in the Spyder Trust (SPY) last week was confirmed by a...
China goes on $26 trillion commodity binge as shortages seen
livemint.com - 4 Jan 2017 16:51
Chinese investors piled into commodities futures last year, spurred by bets that the govt's efforts to cut industrial capacity would lead to shortages of raw materials
BSE asks Chambal Fertilisers to explain reasons for surge in trade volumes
livemint.com - 4 Jan 2017 16:46
As many as 10,73,696 shares of Chambal Fertilisers were traded today, while in the last three trading sessions the average volumes were 53,000 to 67,000 shares
Garmin Reaches Analyst Target Price
Forbes - 4 Jan 2017 16:28
In recent trading, shares of Garmin Ltd (NASD: GRMN) have crossed above the average analyst 12-month target price of $48.75, changing hands for $49.19/share. When a stock reaches the target an analyst has set, the analys...
Texas Instruments Reaches Analyst Target Price
Forbes - 4 Jan 2017 16:26
In recent trading, shares of Texas Instruments Inc. (NASD: TXN) have crossed above the average analyst 12-month target price of $73.14, changing hands for $73.58/share. When a stock reaches the target an analyst has set,...
SunPower's 2017: De-Risking Project Development, Focusing On Panel Profitability
Forbes - 4 Jan 2017 15:38
The year 2017 is likely to be a challenging for the global solar industry, amid further declines in solar panel pricing, weaker panel demand and project activity as well as an increasingly uncertain regulatory environmen...
Disney Is Restructuring Its Business In India
Forbes - 4 Jan 2017 15:34
After a recent change in management in the country, Disney is restructuring its India business to focus on its core strengths in the region -- Hollywood films and its consumer products business.
Gold prices rise on global cues
livemint.com - 4 Jan 2017 15:04
Standard gold prices climbed by Rs245 to end at Rs28,095 per 10 grams. Silver reclaimed the Rs40,000-level by sharply rising Rs980 per kg in Mumbai bullion market
My Favorite Hedge Fund Story Of 2016
Forbes - 4 Jan 2017 14:58
Sharpe ratios aren't going anywhere anytime soon, but the investor desire for returns seems stronger than ever - which fits my view that 2017 is the "Year of the Active".
Wal-Mart Stores a Top 25 Dividend Giant With 2.92% Yield (WMT)
Forbes - 4 Jan 2017 14:38
Wal-Mart Stores, Inc. (NYSE: WMT) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $5.66B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.92% y...