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Market News

Location American Market News for 6 January 2017

Here's Why Some Retailers Didn't Have Awful Holidays

Wall Street Journal - 6 Jan 2017 20:27
Retailers' holiday results shed some light on the best way to interpret Heard on the Street's pricing data.
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European Equities: The Importance of Seeing Earnings

Wall Street Journal - 6 Jan 2017 15:56
European stocks ended 2016 on a brighter note. Hope for earnings growth springs eternal.
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J.C. Penney Enters Oversold Territory

Forbes - 6 Jan 2017 23:27
J.C. Penney Enters Oversold Territory 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...
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What to Make of Markets Calm During Political Storm

Wall Street Journal - 6 Jan 2017 21:57
Investors aren't looking much further than the end of their noses, and it won't be until their noses run up against real trouble that they are likely to react.
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Friday Sector Leaders: Industrial, Technology & Communications Looking at the sectors faring best as of midday Friday, shares of Industrial companies are outperforming other sectors, higher by 0.8%. Within that group, Conduent Inc (CNDT) and Kansas City Southern (NYSE: KSU) are two ...
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T-Mobile , the third largest U.S. wireless carrier, had a strong 2016, posting industry leading postpaid subscriber additions and healthy prepaid growth while making some moves to shore up its pricing. The carrier's stoc...
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EPR Properties's Series C Preferred Shares Cross 5% Yield Mark In trading on Friday, shares of EPR Properties's 5.75% Series C Cumulative Convertible Preferred Shares (NYSE: EPR.PRC) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.4375), with shares...
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Australia Is Significant For Costco's Growth After opening its first store in Australia in 2009, Costco has been steadily expanding in the region. The company will be opening three new warehouses in the region this year, taking its total store count to 11. Australi...
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Regeneron Is Down, Not Out

Wall Street Journal - 6 Jan 2017 20:23
Biotech stock Regeneron should recover from a surprise injunction over a new cholesterol drug.
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ViaSat Becomes Oversold

Forbes - 6 Jan 2017 19:00
ViaSat Becomes Oversold 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...
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Steven Madden is Now Oversold

Forbes - 6 Jan 2017 18:46
Steven Madden is Now Oversold 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...
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Bitcoin extends losses, slides another 12% on China warning On Friday Bitcoin fell to $887, having lost almost a quarter of its value since Wednesday's peak
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Cash Dividend On The Way From Humana (HUM)

Forbes - 6 Jan 2017 17:23
Cash Dividend On The Way From Humana (HUM) Looking at the universe of stocks we cover at Dividend Channel, on 1/10/17, Humana Inc. (NYSE: HUM) will trade ex-dividend, for its quarterly dividend of $0.29, payable on 1/27/17. As a percentage of HUM's recent stock p...
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Forget FANG, Buy CRAP To Make Money Under President Trump Computers, Resources, American Banks and Phone Companies are the best stocks to own for a pro-business Trump Administration, says Tom Lee's Fundstrat.
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In recent trading, shares of C.H. Robinson Worldwide, Inc. (NASD: CHRW) have crossed above the average analyst 12-month target price of $73.43, changing hands for $73.74/share. When a stock reaches the target an analyst ...
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Gold prices strengthen further on sustained demand

livemint.com - 6 Jan 2017 16:03
Gold prices strengthen further on sustained demand Standard gold prices at the domestic bullion market in Mumbai rose by Rs135 to close at Rs28,335 per 10 grams from Thursday's level of Rs28,200
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In recent trading, shares of Spirit AeroSystems Holdings Inc (NYSE: SPR) have crossed above the average analyst 12-month target price of $59.67, changing hands for $60.04/share. When a stock reaches the target an analyst...
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In Last Jobs Report Of Obama's Presidency, U.S. Adds 156,000 Jobs In December Employers in the U.S. added 156,000 non-farm jobs in December, the Bureau of Labor Statistics reported on Friday. The unemployment rate inched up to 4.7%, from 4.6%
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We're Revising Our Price Estimate For Union Pacific To $103 And Here I s Why Union Pacific's business prospects have improved considerably in recent weeks, as illustrated by the appreciation in the company's stock price since November. (Union Pacific Stock Price, Source: Google Finance) The outco...
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Oil prices dip on lingering doubts of supply cut commitments Brent crude futures were trading at $56.76 per barrel at 1.26pm, down 13 cents from their close the previous day
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Gold prices fall on global cues, poor demand

livemint.com - 6 Jan 2017 11:41
Gold prices fall on global cues, poor demand In Delhi, gold prices of 99.9% and 99.5% purity declined by Rs20 each to Rs28,710 and Rs28,560 per 10 grams, respectively
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Why Beijing's Grip on the Yuan Is Becoming Tenuous

Wall Street Journal - 6 Jan 2017 11:36
Beijing is now finding that the influence of global financial markets within its own markets is bigger and harder to control than before.
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