News Corp (NWS) timely started up new cable and public television programs in Russia and Eastern Europe to later on sell an accomplished venture to local owners and employee stockowners. Financial media Bloomberg.com has expanded TV operations in Europe as well.
Avianca Holdings SA (AVH) gained 1.6% to $7.11 after Colombia-based airline negotiated with United Continental Holdings Inc (UAL) an $800-million loan and strategic partnership.
Earnings season is almost a wrap but several big names are still on the threshold.
Snap Inc (SNAP) priced its public offering at $17 a share looking to raise $3.4 billion today.
Henkel AG (HENOY) gained 1.22% to $126.37 after German consumer products group is acquiring coatings maker Darex Packaging Technologies for $1.05 billion.
Larger cash assets at Genesis Healthcare Inc (GEN) lifted net income in fourth quarter to $41.31 million compared to loss of $312,640 in prior-year quarter.
The S&P 500 index is twice higher than levels in 2000 and even 2008, factually meaning that companies attract more investor attention thanks to improved quality of earnings, consumer confidence in oil prices and multi-currency deals.
Retail real estate manager Taubman Centers Inc (TCO) in fourth quarter narrowed operating and pretax margins. Sales jumped 6.4% to $166.19 million from a year ago.
Fujitsu Ltd (6702:JP) gained 4.3% today after the IT communications group posted third-quarter 2016 earnings of 20.3 billion yen or $178.6 million compared to $5.3 billion yen a year ago. Quarterly revenue dropped 0.12% to $9.81 billion on the year.
Valuations of stocks to re-consider in light of dollar strength include: (1) AngloGold Ashanti Ltd (AU), gold mining and exploration firm based in South Africa, (2) Banco Macro SA (BMA), banking products and services provider based in Argentina, and (3) Hawaiian Holdings Inc (HA), airline and cargo services carrier based in Honolulu.
Apple Inc (AAPL) will be creating original content by the end of this year, including movies, films and TV shows, to partner and compete with Netflix Inc (NFLX) and Sony Corp (SNE).
Bluerock Residential Growth REIT Inc (BRG) gained 3.9% to $12.42 in a month and after the real estate company revealed strong third quarter revenue and profits. The company will pay monthly dividend of 19.7 cents a share on December 5, 2016 and same payout on January 5, 2017.