Market News

A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money - maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. 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 $268.6K by Victor J. Coleman, Chief Executive Officer at Hudson Pacific Properties Inc (NYSE: HPP).

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The Oracle of Omaha has invested in another tech company. This is only Buffett's second large technology company investment. The first came in 2011.

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In the last few weeks, a parade of Fed speakers has sounded very hawkish about rate hikes in very explicit fashion, some of them pretty clearly saying that the Fed is going to hike in June and that there are going to be two rate hikes this year. Unsurprisingly, the market has yet to price this in.

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Growth stocks look ready to shine. Besides looking for potential winners, it is also time to take defensive action.

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A few days ago, L'Oreal announced a partnership with Founders Factory, a global digital and incubator based in London. The exclusive partnership will enable the companies to invest in Beauty tech startups across the world along with the opportunity to co-create two new companies every year. L'Oreal will help the early stage startup companies with product launches while Founders Factory will guide them with their digital strategy. L'Oreal had always been the forerunner for digital initiatives in the beauty industry. The company spends over $1 billion in research and development annually. A few months back, it had released My UV Patch, a skin sensor that gauges UV exposure.

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Ride-sharing is here to stay, and the old-school car manufacturers all want a piece.

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Phillips 66 (NYSE:PSX) shares popped 2.7% Tuesday as Warren Buffett (Trades, Portfolio) disclosed he bought more shares of the company he has been amassing for the past year.

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Innovators are finding loosely-regulated pockets of the financial system to carve out positions, but the authorities won't let them go without oversight forever.

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The most recent short interest data has been released for the 05/13/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.

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The continuing downturn in the global agriculture industry along with the weakening of construction equipment market has been impacting the performance of John Deere for the last few quarters and Q2 2016 was no different (fiscal year for Deere ends in October). On the positive side, the rate of decline (year-over-year) in Deere's global equipment operations net sales slowed down to 4% in Q2 2016 compared to 15% in Q1 2016. The equipment sales came in above the company guidance (of an 8% decline) mainly due to the timing differences of shipments between quarters mainly attributable to agriculture and turf equipment in North America and Brazil.

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