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Market News

Location American Market News for 6 February 2017
Hasbro said strong holiday demand for Disney Princess and "Frozen"-related dolls and games helped deliver strong fourth-quarter earnings.
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Siemens Narrows Gap with GE, But Now It Gets Harder

Wall Street Journal - 6 Feb 2017 13:35
Betting on a further re-rating of German industrial giant Siemens is no sure thing
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ComScore Can't Get Its Numbers Straight

Wall Street Journal - 6 Feb 2017 20:56
ComScore's revelation that it will miss its Nasdaq filing deadline suggests the company's accounting problems run deeper than previously thought.
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Trump and Japan: A Contentious Friendship for Investors

Wall Street Journal - 6 Feb 2017 06:51
Donald Trump lambasted Japan for manipulating its currency last week, ahead of a meeting this week with Prime Minister Shinzo Abe.
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Gold prices rise on weaker dollar after US jobs data Spot gold prices had gained 0.3% to $1,223 per ounce by 8.30am on Monday
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Time to Hop Off Disney's Thrill Ride

Wall Street Journal - 6 Feb 2017 23:41
Just like a ride on Space Mountain, Walt Disney investors have found themselves gyrating in the dark recently. Volatility has picked up substantially for Disney ever since it warned about trouble at ESPN. Tuesday's earni...
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Relative Strength Alert For Kohl's

Forbes - 6 Feb 2017 23:39
Relative Strength Alert For Kohl's But making Kohl's Corp. an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of KSS entered into oversold territory, changing hands as low as $39.19 per share.
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Callon Petroleum (CPE) Shares Enter Oversold Territory In trading on Monday, shares of Callon Petroleum Co. (NYSE: CPE) entered into oversold territory, changing hands as low as $14.23 per share.
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Saputo Getting Very Oversold

Forbes - 6 Feb 2017 23:29
Saputo Getting Very Oversold In trading on Monday, shares of Saputo Inc (Toronto: SAP) entered into oversold territory, hitting an RSI reading of 27.8, after changing hands as low as $44.59 per share.
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Monday Sector Leaders: Consumer Products, Utilities Looking at the sectors faring best as of midday Monday, shares of Consumer Products companies are outperforming other sectors, losing just 0.1%.
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More Cash-Back Rewards Coming for Bank Investors

Wall Street Journal - 6 Feb 2017 21:17
Most banks will be able to significantly boost payouts to shareholders following this year's stress tests.
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Tesla Motors recently decided to end its Supercharger program that offered free charging to all Tesla vehicle owners. Currently, 795 supercharger stations exist with 5,085 superchargers. These stations allow Tesla vehicl...
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Will a rate cut be a wasted action by RBI?

livemint.com - 6 Feb 2017 20:54
Will a rate cut be a wasted action by RBI? The liquidity deluge brought about by demonetisation has essentially made RBI's reverse repo rate of 5.75% the effective policy rate instead of 6.25% repo rate
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Tech IPOs Often Lose Their Snap

Wall Street Journal - 6 Feb 2017 20:08
Snapchat's debut may be big, but sustainability is more important than the initial "pop."
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Parsley Energy is Now Oversold

Forbes - 6 Feb 2017 19:07
Parsley Energy is Now Oversold In trading on Monday, shares of Parsley Energy Inc (NYSE: PE) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $34.025 per share.
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Sebi asks top 500 listed firms to voluntarily adopt 'integrated reporting' Integrated report aims to provide a concise communication about how organisation's strategy, governance, performance and prospects create value over time, says Sebi
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Get An Even Better Deal On Qualcomm Than Director Vinciquerra Did There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on January 30, Qualcomm Inc's Director, Anthony J. Vinciquerra, invested $53,98...
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Pick Up This Bargain Even Cheaper Than Director Murley Did There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on February 1, Stericycle Inc.'s Director, Robert S. Murley, invested $76,218.1...
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Ex-Dividend Reminder: BOK Financial, BNC Bancorp and Charles Schwab Looking at the universe of stocks we cover at Dividend Channel, on 2/8/17, BOK Financial Corp (NASD: BOKF), BNC Bancorp (NASD: BNCN), and The Charles Schwab Corporation (NYSE: SCHW) will all trade ex-dividend for their r...
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Ex-Dividend Reminder: Unilever, United States Steel and Olin Looking at the universe of stocks we cover at Dividend Channel, on 2/8/17, Unilever N.V. (NYSE: UN), United States Steel Corp. (NYSE: X), and Olin Corp. (NYSE: OLN) will all trade ex-dividend for their respective upcomin...
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Ex-Dividend Reminder: J.M. Smucker, Unilever and Costco Wholesale Looking at the universe of stocks we cover at Dividend Channel, on 2/8/17, J.M. Smucker Co. (NYSE: SJM), Unilever plc (NYSE: UL), and Costco Wholesale Corp (NASD: COST) will all trade ex-dividend for their respective upc...
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Ex-Dividend Reminder: Great Western Bancorp, CIT Group and International Business Machines Looking at the universe of stocks we cover at Dividend Channel, on 2/8/17, Great Western Bancorp Inc (NYSE: GWB), CIT Group, Inc. (NYSE: CIT), and International Business Machines Corp. (NYSE: IBM) will all trade ex-divid...
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