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Abhijit

avatar Abhijit Sen is a financial writer, commentator, with close to a decade's experience in analyzing global equity, commodity and Forex markets. He is based in India, and can be reached at abhijit.sen@valuewalk.com.

Web Site: http://www.valuewalk.com


Morning News: FedEx, Salesforce, Zynga, General Motors, Carlyle Group

June 4, 2013
Morning Market

Morning News:  Stocks that are expected to trade actively in U.S. markets on Tuesday include: FedEx Corporation (NYSE:FDX), salesforce.com, inc. (NYSE:CRM), ExactTarget Inc (NYSE:ET), Zynga Inc (NASDAQ:ZNGA), General Motors Company (NYSE:GM), Dollar General Corp. (NYSE:DG), AstraZeneca plc (ADR) (NYSE:AZN), Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) SAIC, Inc. (NYSE:SAI), Lululemon Athletica inc. (NASDAQ:LULU), Carlyle Group LP (NASDAQ:CG) and Verint Systems Inc. (NASDAQ:VRNT). Market Levels •    US:  Dow Futures: 15230.00 (0.09%), S&P 500 Futures: 1638.70 (0.15%), NASDAQ Futures: 2992.25 (0.23%) •    Europe: CAC: 3934.47 (0.35%), DAX: 8317.78 (0.39%), FTSE: 6567.15 (0.64%) •    Asia-Pacific: Australia: 4900.80 (0.26%), China: 2272.42 (-1.18%), Hong Kong: 22285.52 (0.01%), Japan: 13533.76 (2.01%). •    Metals: Gold: 1396.00 (-1.13%), Silver: 22.32 (-1.79%), Copper: 3.35 (0.53%) •    Energy: Crude Oil: 93.35 (-0.11%), Natural Gas: 4.02 (0.65%) •    Commodities: Corn: 5.48 (-1.50%), Soya Bean: 15.20 (1.36%), Wheat: 7.00 (0.42%) •    Currency: EUR/USD: 1.3065 (-0.08%), GBP/USD: 1.5286 (-0.24%), USD/JPY: 100.2200 (0.69%) •    10 year US Treasury: 2.132% (0.013) Market and Economic Morning News Update U.S. stock-index futures gain: U.S. stock-index futures are pointing to a higher open on Tuesday as data showed the country’s trade gap widened less than forecast. The U.S. trade deficit increased 8.5 percent to $40.3 billion in April, the Commerce Department
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Morning News: Apple, Merck & Co, Microsoft, General Electric, Amgen

June 3, 2013
Post Market news

Morning Market News: Stocks that are expected to trade actively in U.S. markets on Monday include: Apple Inc. (NASDAQ:AAPL), Merck & Co., Inc. (NYSE:MRK), Microsoft Corporation (NASDAQ:MSFT), American Realty Capital Properties Inc (NASDAQ:ARCP), General Electric Company (NYSE:GE), Amgen, Inc. (NASDAQ:AMGN) and Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Market Levels •    US:  Dow Futures: 15166.00 (0.44%), S&P 500 Futures: 1634.10 (0.31%), NASDAQ Futures: 2984.75 (0.15%) •    Europe: CAC: 3951.12 (0.06%), DAX: 8351.53 (0.03%), FTSE: 6553.52 (-0.45%) •    Asia-Pacific: Australia: 4888.30 (-0.78%), China: 2299.25 (-0.06%), Hong Kong: 22282.19 (-0.49%), Japan: 13261.82 (-3.87%). •    Metals: Gold: 1396.80 (0.27%), Silver: 22.50 (1.18%), Copper: 3.33 (1.08%) •    Energy: Crude Oil: 92.71 (0.80%), Natural Gas: 3.98 (0.03%) •    Commodities: Corn: 5.72 (0.80%), Soya Bean: 15.36 (0.97%), Wheat: 7.13 (1.18%) •    Currency: EUR/USD: 1.3011 (0.09%), GBP/USD: 1.5259 (0.40%), USD/JPY: 100.3400 (-0.11%) •    10 year US Treasury: 2.171% (0.043) Market and Economic News Update U.S. stock-index futures gain: U.S. stock-index futures are pointing to a higher open on Monday as data showed factory activity edged higher in May. Markit’s manufacturing PMI rose to 52.3 in May from a six-month low of 52.1 in April. Economists were expecting a reading of 52.0. Also on the economic front, ISM
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Morning News: Dell, Intel, Lions Gate, Boeing, Guess?, Palo Alto, CVS

May 31, 2013
Post Market news

Morning Market Update  Stocks that are expected to trade actively in U.S. markets on Friday include: Dell Inc. (NASDAQ:DELL), Intel Corporation (NASDAQ:INTC), Lions Gate Entertainment Corp. (USA) (NYSE:LGF), The Boeing Company (NYSE:BA), Guess?, Inc. (NYSE:GES), American Realty Capital Properties Inc (NASDAQ:ARCP), General Electric Company (NYSE:GE), Palo Alto Networks Inc (NYSE:PANW), American Eagle Outfitters (NYSE:AEO), Krispy Kreme Doughnuts (NYSE:KKD), CVS Caremark Corporation (NYSE:CVS), Express Scripts Holding Company (NASDAQ:ESRX) and Catamaran Corp (USA) (NASDAQ:CTRX). Market Levels: •    US:  Dow Futures: 15239.00 (-0.52%), S&P 500 Futures: 1644.90 (-0.53%), NASDAQ Futures: 2996.75 (-0.44%) •    Europe: CAC: 3968.94 (-0.69%), DAX: 8349.51 (-0.61%), FTSE: 6595.54 (-0.93%) •    Asia-Pacific: Australia: 4926.60 (-0.08%), China: 2300.59 (-0.75%), Hong Kong: 22392.16 (-0.41%), Japan: 13774.54 (1.35%). •    Metals: Gold: 1406.50 (-0.35%), Silver: 22.38 (-1.39%), Copper: 3.29 (-0.86%) •    Energy: Crude Oil: 92.88 (-0.78%), Natural Gas: 4.04 (0.52%) •    Commodities: Corn: 5.61 (-0.35%), Soya Bean: 15.07 (-0.47%), Wheat: 6.93 (-0.46%) •    Currency: EUR/USD: 1.2992 (-0.44%), GBP/USD: 1.5224 (-0.05%), USD/JPY: 100.5300 (-0.20%) •    10 year US Treasury: 2.100% (-0.011) Market and Economic News Update: U.S. stock-index futures decline: U.S. stock-index futures are pointing to a lower open on Friday as consumer spending unexpectedly fell in April. U.S. consumer spending fell 0.2 percent in
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Morning News: Dish, Clearwire, Berkshire, Google, Costco, Priceline

May 30, 2013
Morning Market

Morning Market Update  Stocks that are expected to trade actively in U.S. markets on Thursday include: DISH Network Corp (NASDAQ:DISH), Clearwire Corporation (NASDAQ:CLWR), Berkshire Hathaway Inc. (NYSE:BRK.A) (BRK.B), NV Energy, Inc. (NYSE:NVE), Google Inc (NASDAQ:GOOG), Costco Wholesale Corporation (NASDAQ:COST), Royal Caribbean Cruises Ltd. (NYSE:RCL), EMC Corporation (NYSE:EMC), Big Lots, Inc. (NYSE:BIG), Pinnacle Entertainment, Inc (NYSE:PNK), Ameristar Casinos, Inc. (NASDAQ:ASCA), Joy Global Inc. (NYSE:JOY) and Priceline.com Inc (NASDAQ:PCLN) Market Levels •    US:  Dow Futures: 15327.00 (0.24%), S&P 500 Futures: 1654.50 (0.46%), NASDAQ Futures: 3002.00 (0.22%) •    Europe: CAC: 4007.91 (0.85%), DAX: 8389.78 (0.64%), FTSE: 6643.50 (0.25%) •    Asia-Pacific: Australia: 4930.70 (-0.88%), China: 2317.75 (-0.27%), Hong Kong: 22484.31 (-0.31%), Japan: 13589.03 (-5.43%). •    Metals: Gold: 1399.80 (0.61%), Silver: 22.67 (0.97%), Copper: 3.31 (0.30%) •    Energy: Crude Oil: 92.67 (-0.49%), Natural Gas: 4.17 (-0.43%) •    Commodities: Corn: 5.61 (2.72%), Soya Bean: 14.96 (-0.33%), Wheat: 6.97 (1.08%) •    Currency: EUR/USD: 1.2953 (0.09%), GBP/USD: 1.5117 (-0.09%), USD/JPY: 101.6900 (0.52%) •    10 year US Treasury: 2.142% (0.027) Market and Economic News Update U.S. stock-index futures trim gains: U.S. stock-index futures pared gains following weak GDP and jobless claims data. First-quarter GDP growth was revised down to 2.4 percent from 2.5 percent, falling slightly short of estimates
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Morning News: Wet Seal, Wal-Mart, Smithfield Foods, Apache, KKR

May 29, 2013
Post Market news

Morning News Update: Stocks that are expected to trade actively in U.S. markets on Wednesday include: The Wet Seal, Inc. (NASDAQ:WTSL), Wal-Mart Stores, Inc. (NYSE:WMT), Smithfield Foods, Inc. (NYSE:SFD), Apache Corporation (NYSE:APA), Michael Kors Holdings Ltd (NYSE:KORS), Service Corporation International (NYSE:SCI), Stewart Enterprises, Inc. (NASDAQ:STEI), Guidewire Software Inc (NYSE:GWRE), Cerner Corporation (NASDAQ:CERN), KKR & Co. L.P. (NYSE:KKR), Carlyle Group LP (NASDAQ:CG), Amgen, Inc. (NASDAQ:AMGN) and IAC/InterActiveCorp (NASDAQ:IACI). Market Levels •    US:  Dow Futures: 15283.00 (-0.59%), S&P 500 Futures: 1646.40 (-0.50%), NASDAQ Futures: 2990.00 (-0.45%) •    Europe: CAC: 3994.98 (-1.39%), DAX: 8341.52 (-1.67%), FTSE: 6656.74 (-1.58%) •    Asia-Pacific: Australia: 4974.70 (0.08%), China: 2324.02 (0.12%), Hong Kong: 22554.93 (-1.64%), Japan: 14326.46 (0.10%). •    Metals: Gold: 1391.80 (0.94%), Silver: 22.36 (0.75%), Copper: 3.28 (-1.07%) •    Energy: Crude Oil: 94.32 (-0.73%), Natural Gas: 4.16 (-0.26%) •    Commodities: Corn: 5.56 (2.80%), Soya Bean: 15.10 (2.38%), Wheat: 6.93 (-0.50%) •    Currency: EUR/USD: 1.2944 (0.68%), GBP/USD: 1.5118 (0.52%), USD/JPY: 101.2100 (-1.13%) •    10 year US Treasury: 2.156% (-0.009) Market and Economic News Update U.S. stock-index futures decline: U.S. stock-index futures are pointing to a lower open on Wednesday amid investor concerns that strong home prices and consumer confidence data will prompt the Fed to scale back its
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Morning News: Yahoo, Valeant, Tiffany & Co., AstraZeneca

May 28, 2013
Post Market news

Morning Market Update   Stocks that are expected to trade actively in U.S. markets on Tuesday include: Yahoo! Inc. (NASDAQ:YHOO), Valeant Pharmaceuticals Intl Inc (NYSE:VRX) (TSE:VRX), Tiffany & Co. (NYSE:TIF), AstraZeneca plc (ADR) (NYSE:AZN), Omthera Pharmaceuticals Inc (NASDAQ:OMTH) and Royal Caribbean Cruises Ltd. (NYSE:RCL) Market Levels •    US:  Dow Futures: 15425.00 (0.77%), S&P 500 Futures: 1663.90 (0.81%), NASDAQ Futures: 3020.00 (0.93%) •    Europe: CAC: 4051.22 (1.38%), DAX: 8479.43 (1.13%), FTSE: 6769.20 (1.70%) •    Asia-Pacific: Australia: 4970.70 (0.22%), China: 2321.32 (1.22%), Hong Kong: 22924.25 (1.04%), Japan: 14311.98 (1.18%). •    Metals: Gold: 1376.60 (-0.72%), Silver: 22.16 (-1.47%), Copper: 3.31 (0.36%) •    Energy: Crude Oil: 95.09 (1.00%), Natural Gas: 4.22 (-0.52%) •    Commodities: Corn: 5.48 (0.19%), Soya Bean: 14.89 (-1.47%), Wheat: 6.98 (-0.99%) •    Currency: EUR/USD: 1.2933 (0.02%), GBP/USD: 1.5114 (0.10%), USD/JPY: 102.0800 (1.11%) •    10 year US Treasury: 2.046% (0.040) Market and Economic News Update U.S. stock-index futures gain: U.S. stock-index futures are pointing to a higher open on Tuesday following better-than-expected home prices data. Single-family home prices increased 1.1 percent in March, according to the S&P/Case Shiller composite index of 20 metropolitan areas. Economists were expecting a reading of 1 percent. Investors also await the Conference Board’s latest consumer confidence survey
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Google, Gap, Dish Network, Dell Inc. P&G, Pandora: Morning News

May 24, 2013
Post Market news

Morning Market News  Stocks that are expected to trade actively in U.S. markets on Friday include: Google Inc (NASDAQ:GOOG), The Gap Inc. (NYSE:GPS), Dish Network Corp (NASDAQ:DISH), Sprint Nextel Corporation (NYSE:S), Abercrombie & Fitch Co. (NYSE:ANF), Dell Inc. (NASDAQ:DELL), The Procter & Gamble Company (NYSE:PG), Pandora Media Inc (NYSE:P), DIRECTV (NASDAQ:DTV), Time Warner Cable Inc (NYSE:TWC), salesforce.com, inc. (NYSE:CRM) and Campbell Soup Company (NYSE:CPB). Market Levels •    US:  Dow Futures: 15255.00 (-0.22%), S&P 500 Futures: 1643.70 (-0.38%), NASDAQ Futures: 2983.50 (-0.29%) •    Europe: CAC: 3970.09 (0.07%), DAX: 8302.33 (-0.60%), FTSE: 6659.52 (-0.54%) •    Asia-Pacific: Australia: 4983.50 (-1.56%), China: 2288.53 (0.56%), Hong Kong: 22618.67 (-0.23%), Japan: 14612.45 (0.88%). •    Metals: Gold: 1390.00 (-0.13%), Silver: 22.38 (-0.55%), Copper: 3.30 (-0.05%) •    Energy: Crude Oil: 93.67 (-0.63%), Natural Gas: 4.23 (-0.70%) •    Commodities: Corn: 5.31 (1.33%), Soya Bean: 14.91 (0.02%), Wheat: 7.05 (2.18%) •    Currency: EUR/USD: 1.2934 (-0.01%), GBP/USD: 1.5093 (-0.09%), USD/JPY: 101.3900 (-0.62%) •    10 year US Treasury: 2.002% (-0.014) Market and Economic News Update U.S. stock-index futures decline: U.S. stock-index futures are pointing to a lower open on Friday, but trimmed losses following stronger-than-expected durable goods data. Orders for durable goods rose 3.3 percent in April, led by higher demand for
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Morning News: Hewlett-Packard, JCPenney, Tesla Motors, Blackstone

May 23, 2013
Morning Market

Morning News – Market Update  Stocks that are expected to trade actively in U.S. markets on Thursday include: Hewlett-Packard Company (NYSE:HPQ), J. C. Penney Company, Inc. (NYSE:JCP), The Blackstone Group L.P. (NYSE:BX), Prologis Inc (NYSE:PLD), Tesla Motors Inc (NASDAQ:TSLA), PetSmart, Inc. (NASDAQ:PETM), Fidelity National Financial Inc (NYSE:FNF), Lender Processing Services, Inc. (NYSE:LPS), Hormel Foods Corporation (NYSE:HRL), LyondellBasell Industries NV (NYSE:LYB), L Brands Inc (NYSE:LTD) and Dover Corp (NYSE:DOV). Market Levels •    US:  Dow Futures: 15201.00 (-0.78%), S&P 500 Futures: 1640.40 (-0.92%), NASDAQ Futures: 2973.00 (-0.93%) •    Europe: CAC: 3951.21 (-2.47%), DAX: 8312.96 (-2.55%), FTSE: 6720.02 (-1.76%) •    Asia-Pacific: Australia: 5062.40 (-1.99%), China: 2275.67 (-1.17%), Hong Kong: 22669.68 (-2.61%), Japan: 14483.98 (-7.89%). •    Metals: Gold: 1393.70 (1.92%), Silver: 22.52 (0.24%), Copper: 3.29 (-2.78%) •    Energy: Crude Oil: 92.95 (-1.41%), Natural Gas: 4.18 (-0.24%) •    Commodities: Corn: 5.27 (1.78%), Soya Bean: 14.92 (1.22%), Wheat: 6.92 (1.25%) •    Currency: EUR/USD: 1.2899 (0.32%), GBP/USD: 1.5065 (0.10%), USD/JPY: 101.7000 (-1.42%) •    10 year US Treasury: 2.015% (-0.025) Market and Economic News Update U.S. stock-index futures decline: U.S. stock-index futures are pointing to a lower open on Thursday, despite better than expected jobless claims data. Initial jobless claims dropped to 340,000 for the week ended May
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Morning News: Target, Lowe’s, Merck & Co., NetApp, Saks, Toll Brothers

May 22, 2013
Post Market news

Morning Market Update  Stocks that are expected to trade actively in U.S. markets on Wednesday include: Target Corporation (NYSE:TGT), Lowe’s Companies, Inc. (NYSE:LOW), Merck & Co., Inc. (NYSE:MRK), Toll Brothers Inc (NYSE:TOL), NetApp Inc. (NASDAQ:NTAP) and Saks Inc (NYSE:SKS). Market Levels •    US:  Dow Futures: 15373.00 (0.12%), S&P 500 Futures: 1669.50 (0.23%), NASDAQ Futures: 3032.50 (0.36%) •    Europe: CAC: 4023.97 (-0.30%), DAX: 8467.34 (-0.06%), FTSE: 6813.30 (0.15%) •    Asia-Pacific: Australia: 5165.40 (-0.28%), China: 2302.40 (-0.12%), Hong Kong: 23261.08 (-0.45%), Japan: 15627.26 (1.58%). •    Metals: Gold: 1390.30 (0.92%), Silver: 22.74 (1.25%), Copper: 3.40 (1.82%) •    Energy: Crude Oil: 95.90 (-0.29%), Natural Gas: 4.17 (-0.13%) •    Commodities: Corn: 6.38 (-1.66%), Soya Bean: 14.75 (0.92%), Wheat: 6.84 (-1.38%) •    Currency: EUR/USD: 1.2927 (0.16%), GBP/USD: 1.5089 (-0.43%), USD/JPY: 103.0400 (0.53%) •    10 year US Treasury: 1.926% (-0.002)   Market and Economic News Update U.S. stock-index futures rise: U.S. stock-index futures are pointing to a higher open on Wednesday, amid investor expectation that Fed Chairman is unlikely to signal a policy shift, and will maintain status quo on the quantitative easing program. The National Association of Realtors will release April existing-home sales data at 10 a.m. Eastern Time. Economists are expecting a seasonally adjusted annual
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Morning News: Apple Inc. (AAPL), Best Buy, Home Depot, JPMorgan, TiVo

May 21, 2013
Morning Market

Morning Market Update  Stocks that are expected to trade actively in U.S. markets on Tuesday include: Apple Inc. (NASDAQ:AAPL), The Home Depot, Inc. (NYSE:HD), Best Buy Co., Inc. (NYSE:BBY), JPMorgan Chase & Co. (NYSE:JPM), Urban Outfitters, Inc. (NASDAQ:URBN), Carnival Corporation (NYSE:CCL), TiVo Inc. (NASDAQ:TIVO), Cinemark Holdings, Inc. (NYSE:CNK), Medtronic, Inc. (NYSE:MDT), Rockwood Holdings, Inc. (NYSE:ROC), The Blackstone Group L.P. (NYSE:BX), The Fresh Market Inc (NASDAQ:TFM), SoundBite Communications Inc (NASDAQ:SDBT)   Market Levels •    US:  Dow Futures: 15330.00 (0.07%), S&P 500 Futures: 1664.30 (-0.02%), NASDAQ Futures: 3021.75 (0.02%) •    Europe: CAC: 4017.69 (-0.13%), DAX: 8440.06 (-0.19%), FTSE: 6767.56 (0.18%) •    Asia-Pacific: Australia: 5180.10 (-0.55%), China: 2305.11 (0.22%), Hong Kong: 23366.37 (-0.54%), Japan: 15381.02 (0.13%). •    Metals: Gold: 1373.90 (-0.74%), Silver: 22.40 (-0.83%), Copper: 3.37 (0.33%) •    Energy: Crude Oil: 96.39 (-0.33%), Natural Gas: 4.16 (1.61%) •    Commodities: Corn: 6.36 (-0.46%), Soya Bean: 14.62 (1.02%), Wheat: 6.75 (1.17%) •    Currency: EUR/USD: 1.2868 (-0.11%), GBP/USD: 1.5144 (-0.73%), USD/JPY: 102.7800 (0.50%) •    10 year US Treasury: 1.970% (0.005)   Market and Economic News Update U.S. stock-index futures largely unchanged: U.S. stock-index futures are pointing to a flat open on Tuesday, as investors look ahead to speeches by Fed vice chairman William Dudley and Saint
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Morning News: Yahoo!, Chesapeake Energy, Actavis, GE, Campbell Soup

May 20, 2013
Post Market news

Morning Market Update  Stocks that are expected to trade actively in U.S. markets on Monday include: Yahoo! Inc. (NASDAQ:YHOO), Goldman Sachs Group, Inc. (NYSE:GS), Actavis Inc (NYSE:ACT), Warner Chilcott Plc (NASDAQ:WCRX), General Electric Company (NYSE:GE), Campbell Soup Company (NYSE:CPB), DIRECTV (NASDAQ:DTV), Accenture Plc (NYSE:ACN), Acquity Group Ltd (NYSEMKT:AQ), Morgan Stanley (NYSE:MS), Chesapeake Energy Corporation (NYSE:CHK), Deere & Company (NYSE:DE), Quality Systems, Inc. (NASDAQ:QSII), Onex Corporation (TSE:OCX) Market Levels •    US:  Dow Futures: 15295 (-0.13%), S&P 500 Futures: 1660.90 (-0.13%), NASDAQ Futures: 3018.00 (-0.16%) •    Europe: CAC: 3998.47 (-0.07%), DAX: 8409.77 (0.14%), FTSE: 6713.57 (-0.15%) •    Asia-Pacific: Australia: 5209.00 (0.54%), China: 2299.99 (0.74%), Hong Kong: 23493.03 (1.75%), Japan: 15360.81 (1.45%). •    Metals: Gold: 1354.40 (-0.75%), Silver: 21.65 (-3.14%), Copper: 3.33 (0.09%) •    Energy: Crude Oil: 95.64 (-0.40%), Natural Gas: 4.13 (1.82%) •    Commodities: Corn: 6.56 (1.60%), Soya Bean: 14.50 (1.42%), Wheat: 6.82 (-0.94%) •    Currency: EUR/USD: 1.2854 (0.12%), GBP/USD: 1.5205 (0.24%), USD/JPY: 102.4900 (-0.70%) •    10 year US Treasury: 1.928% (-0.023) Market and Economic News Update U.S. stock-index futures decline: U.S. stock-index futures are pointing to a lower open on Monday, amid investors concerns that the Federal Reserve may begin to ease-off its quantitative easing program. U.S. stocks jumped to a
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