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Market News

Location American Market News for 3 February 2017

Will Snap's IPO Crackle or Pop?

Wall Street Journal - 3 Feb 2017 01:42
To become the next Facebook instead of the next Twitter, Snap must accelerate user growth and keep monetizing its existing users.
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Sale at Macy's? Not Worth the Trip

Wall Street Journal - 3 Feb 2017 22:05
Macy's may have found a suitor at a time when its future alone looks bleak. But an all-out merger with Canada's Hudson's Bay would be difficult financially and won't likely solve the department-store chains' core problem...
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In recent trading, shares of Bottomline Technologies Inc (NASD: EPAY) have crossed above the average analyst 12-month target price of $26.33, changing hands for $26.57/share.
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U.S. to World: Banking Deregulation Race Back On

Wall Street Journal - 3 Feb 2017 16:09
Trump administration plans to roll back regulation may put American banks first, but poses a threat to the hard-won health of the world's banking system.
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In recent trading, shares of American Financial Group Inc (NYSE: AFG) have crossed above the average analyst 12-month target price of $88.33, changing hands for $90.96/share.
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As Storms Gather, China's Growth Formula Gets Trickier

Wall Street Journal - 3 Feb 2017 12:27
China produces some ugly manufacturing numbers--just as the central bank shifts into tightening mode
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The Week Ahead: First Quarter - Gain Or Pain? As the markets started the second month of a new quarter I wanted to look at how the markets did in the 1st quarter of past new administration and whether one can draw any conclusions about what you can expect this quart...
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Phillips 66 is Now Oversold

Forbes - 3 Feb 2017 23:23
Phillips 66 is Now Oversold In trading on Friday, shares of Phillips 66 (NYSE: PSX) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $78.82 per share.
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Paychex Becomes Oversold

Forbes - 3 Feb 2017 23:06
Paychex Becomes Oversold But making Paychex Inc an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of PAYX entered into oversold territory, changing hands as low as $57.71 per share.
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HanesBrands Becomes Oversold

Forbes - 3 Feb 2017 22:59
HanesBrands Becomes Oversold But making HanesBrands Inc an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of HBI entered into oversold territory, changing hands as low as $18.91 per share.
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Gildan Activewear Enters Oversold Territory But making Gildan Activewear Inc an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of GIL entered into oversold territory, changing hands as low as $23.78 per share.
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Don't Allow Fear To Trump Your Investment Plan Fear seems to be the "emotion du jour". Learn how to not allow that fear to drive your investment decisions or derail your financial goals.
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ConocoPhillips Will Focus On Returning Value To Shareholders With Steady Production Growth ConocoPhillips, one of the largest independent oil and gas companies, has emerged as a dark horse in this earnings season. In a quarter where most of the big names in the oil and gas industry have reported an earning mis...
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Good News for Amgen Is Good News for Biotech

Wall Street Journal - 3 Feb 2017 19:43
Biotechnology, lately the stock market's laggard, may finally be on the mend.
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Why This Bull Market Goes Out With A Bang!

Forbes - 3 Feb 2017 19:20
Why This Bull Market Goes Out With A Bang! When bull markets get long in the tooth they don't tend to fade away. Sam Stovall, chief investment strategist at CFRA Research explains what normally happens to Forbes contributor Simon Constable.
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Gildan Activewear is Now Oversold (GIL)

Forbes - 3 Feb 2017 19:03
Gildan Activewear is Now Oversold (GIL) In trading on Friday, shares of Gildan Activewear Inc (Toronto: GIL) entered into oversold territory, hitting an RSI reading of 26.6, after changing hands as low as $30.97 per share. By comparison, the current RSI readin...
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RSI Alert: Fibria Celulose Now Oversold

Forbes - 3 Feb 2017 19:01
RSI Alert: Fibria Celulose Now Oversold In trading on Friday, shares of Fibria Celulose SA (NYSE: FBR) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $8.64 per share. By comparison, the current RSI reading of th...
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RSI Alert: Deckers Outdoor Now Oversold

Forbes - 3 Feb 2017 19:00
RSI Alert: Deckers Outdoor Now Oversold In trading on Friday, shares of Deckers Outdoor Corp. (NYSE: DECK) entered into oversold territory, hitting an RSI reading of 22.0, after changing hands as low as $45.02 per share. By comparison, the current RSI reading ...
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Omega Healthcare Investors Named Top Dividend Stock With Insider Buying and 7.74% Yield (OHI) . So when stocks turn up that see insider buying, and are also top ranked, investors are wise to take notice. One such company is Omega Healthcare Investors, Inc. (NYSE: OHI), which saw buying by Director Bernard J. Korm...
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Top Buys by Top Brass: Chief Executive Officer Hooke's $1.1M Bet on MIC So in this series we look at the largest insider buys by the ''top brass'' over the trailing six month period, one of which was a total of $1.1M by James Hooke, Chief Executive Officer at Macquarie Infrastructure Corpora...
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Ex-Dividend Reminder: Wintrust Financial, Discover Financial and Reinsurance Group of America Looking at the universe of stocks we cover at Dividend Channel, on 2/7/17, Wintrust Financial Corp. (NASD: WTFC), Discover Financial Services (NYSE: DFS), and Reinsurance Group of America, Inc. (NYSE: RGA) will all trade...
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Ex-Dividend Reminder: KB Home, Entergy and ResMed Looking at the universe of stocks we cover at Dividend Channel, on 2/7/17, KB Home (NYSE: KBH), Entergy Corp (NYSE: ETR), and ResMed Inc. (NYSE: RMD) will all trade ex-dividend for their respective upcoming dividends.
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