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Market News

Location American Market News for 4 January 2017

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.
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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.
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The World Is Entering A "Localism" Era

Forbes - 4 Jan 2017 22:50
The World Is Entering A 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...
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Will Schlumberger Continue To Be An Industry Leader In 2017? 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...
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Wednesday Sector Leaders: Materials, Services 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...
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Wednesday Sector Laggards: Energy, Utilities 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...
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Amazon's Next Move In India: 'Sell As Individual' To Expand E-Commerce 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.
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Trump Taps Wall Street Laywer Jay Clayton To Head SEC Clayton is expected to help usher in a period of deregulation.
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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.
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New Residential Investment Named Top Dividend Stock With Insider Buying and 11.64% Yield (NRZ) 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...
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Ex-Dividend Reminder: Intuit, Verizon Communications and AT&T 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...
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Ex-Dividend Reminder: Ethan Allen Interiors, General Mills and Darden Restaurants 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...
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2016 Price Ranges Were Spot On, What About 2017? 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...
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China goes on $26 trillion commodity binge as shortages seen 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
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BSE asks Chambal Fertilisers to explain reasons for surge in trade volumes 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
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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...
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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,...
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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...
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Disney Is Restructuring Its Business In India 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.
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Gold prices rise on global cues

livemint.com - 4 Jan 2017 15:04
Gold prices rise on global cues 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
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My Favorite Hedge Fund Story Of 2016

Forbes - 4 Jan 2017 14:58
My Favorite Hedge Fund Story Of 2016 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".
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Wal-Mart Stores a Top 25 Dividend Giant With 2.92% Yield (WMT) 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...
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