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Market News

Location American Market News for 10 January 2017

U.S. Car Industry Has Unlikely Patriots

Wall Street Journal - 10 Jan 2017 15:47
Tesla and the German luxury car makers can better afford U.S. manufacturing than the Detroit Three.
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Hedge funds do well in EMs, no thanks to Asia

livemint.com - 10 Jan 2017 22:44
Hedge funds do well in EMs, no thanks to Asia Latin America and Russia/Eastern Europe are the markets that did all the heavy lifting during the year, with gains in the range of 25-26%
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Tuesday Sector Leaders: Healthcare, Services In afternoon trading on Tuesday, Healthcare stocks are the best performing sector, higher by 0.9%. Within that group, Illumina Inc (NASD: ILMN) and Zimmer Biomet Holdings Inc (NYSE: ZBH) are two large stocks leading the ...
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Kinder Morgan's Series A Preferred Stock Crosses Above 10% Yield Territory In trading on Tuesday, shares of Kinder Morgan Inc.'s 9.75% Series A Mandatory Convertible Preferred Stock (NYSE: KMI.PRA) were yielding above the 10% mark based on its quarterly dividend (annualized to $4.875), with sha...
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Allergan's Preferred Series A Shares Cross 7% Yield Mark In trading on Tuesday, shares of Allergan PLC's 5.500% Mandatory Convertible Preferred Shares, Series A (NYSE: AGN.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $55.00), with shares ...
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Sensex, Nifty to see tepid growth in 2017, say foreign brokerages Deutsche Bank is expecting a likely recovery in Sensex in latter part of the year, UBS Securities has projected an end-2017 Nifty target of 8,800 points
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UnitedHealth Expands Healthcare Delivery Business With Surgical Care Acquisition UnitedHealth Group , the largest health insurer in the U.S., has agreed to acquire Surgical Care Affiliates Inc. for about $2.3 billion in a bid to expand its healthcare services portfolio. The price represents about a 1...
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Patents And Layoffs Aren't Enough: How HPE And HPQ Beat IBM (Mike Palma/Feature Photo Service for IBM) IBM may lead the technology world in patents, but its stock lags behind the stocks of major technology stocks, including Hewlett Packard Enterprise Company (HPE) and HP Inc., wh...
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Under Armour Is 'Smartly' Augmenting Its Performance Apparel According to our estimates, the Performance Apparel segment is Under Armour's most important division, accounting for nearly 50% of its valuation.
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Todd Hagopian's Top Biotech Takeover Targets For 2017 Many biotech stocks took a beating as the likes of Valeant, Mylan, and Turing became a political issue during last year's presidential campaign. We enter 2017 with many companies priced so attractively that they have bec...
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'Take Your Medicine' Is Big Pharma's Best Prescription

Wall Street Journal - 10 Jan 2017 19:05
Adherence, or improving patient's ability to stick with doctor's orders, marks an area of opportunity for drug companies.
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This Stock Has A 11.22% Yield, Sells For Less Than Book, and Insiders Have Been Buying 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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Bill Gross Thinks Dow 20,000 Is The Wrong Round Number To Focus On Billionaire bond investor Bill Gross thinks the 2.60% level on 10-year Treasury yields could be the death knell for a decades-long bull market in bonds.
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Ex-Dividend Reminder: Graco, EMCOR Group and Watsco Looking at the universe of stocks we cover at Dividend Channel, on 1/12/17, Graco Inc (NYSE: GGG), EMCOR Group, Inc. (NYSE: EME), and Watsco Inc. (NYSE: WSO) will all trade ex-dividend for their respective upcoming divid...
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Ex-Dividend Reminder: Hormel Foods, Cantel Medical and Saul Centers Looking at the universe of stocks we cover at Dividend Channel, on 1/12/17, Hormel Foods Corp. (NYSE: HRL), Cantel Medical Corp (NYSE: CMD), and Saul Centers, Inc. (NYSE: BFS) will all trade ex-dividend for their respect...
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India's 2016 fuel sales growth highest in at least 16 years Consumption of fuels in India, a proxy for oil demand, surged 10.7% to 196.48 million tonnes in 2016, data from the PPAC of the oil ministry shows
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L'Oreal remains steadfast in its digital focus with its latest smart hairbrush called the Kerastase Hair Coach, slated to be launched at the global consumer technology tradeshow, CES 2017. The connected smart hairbrush w...
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Here's Why Walmart Is Acquiring ShoeBuy

Forbes - 10 Jan 2017 15:34
Recently WalMart announced that its subsidiary Jet.com had acquired online footwear, clothing and accessories retailer, ShoeBuy for approximately $70 million. In August last year, Walmart had acquired Jet.com for more th...
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3 'Dogs of the Dow' Paying Up To 4.3%

Forbes - 10 Jan 2017 15:24
3 'Dogs of the Dow' Paying Up To 4.3% The "Dogs of the Dow" are back. And this year, the biggest dogs are not just generous yielders - they're cash cows with price upside to boot. For the uninitiated, the Dogs of the Dow strategy is simply buying the 10 Dow ...
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A Dark Day for Chinese Inflation

Wall Street Journal - 10 Jan 2017 15:23
Producer prices in China took their biggest jump in more than five years in December, but it was mostly about that black, oily stuff.
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Following a disappointing end to 2016, Esteban Gutierrez will look to recharge his racing batteries in the FIA Formula E Championship.
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FX 'cartel' traders said to face US rigging charges

livemint.com - 10 Jan 2017 15:09
FX 'cartel' traders said to face US rigging charges The prosecutors say the forex 'cartel' traders use instant messages to coordinate the rigging of foreign-exchange benchmarks by sharing confidential customer information
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