Ryan's Feed
Sep 29, 2014

Wall St falls, but off lows of the session

NEW YORK, Sept 29 (Reuters) – U.S. stocks were lower on
Monday, but major indexes were off their lows of the day as
investors once again used market weakness as a chance to add to
positions.

The losses were modest but broad; all ten primary S&P 500
sectors fell on the day, led by energy shares, which
were down 0.8 percent.

Sep 29, 2014

Wall St slumps in broad decline; volume heavy

NEW YORK, Sept 29 (Reuters) – U.S. stocks were sharply lower
on Monday, extending the previous week’s decline on heavy volume
as investors monitored the continued civil unrest in Hong Kong
for any potential impact on Chinese growth.

The day’s losses were broad, with nine of the ten primary
S&P 500 sectors lower on the day. The only group to rise,
utilities, are viewed as a defensive play and were up
less than 0.1 percent. Energy stocks were the biggest
losers, off 1.1 percent.

Sep 29, 2014

Futures point to lower open amid Hong Kong unrest

NEW YORK, Sept 29 (Reuters) – U.S. stock index futures
pointed to a weaker open on Monday, with investors monitoring
the continued civil unrest in Hong Kong for any potential impact
on Chinese growth.

The decline indicated by futures suggested that Wall
Street’s recent weakness would continue despite a solid rally in
Friday’s session. Last week, major indexes suffered their
biggest weekly loss in the past eight.

Sep 29, 2014

Oppenheimer sees near-term S&P weakness, would buy on dips

NEW YORK, Sept 29 (Reuters) – U.S. stock index futures are
pointing to a solidly lower open on Monday, but if recent trends
hold, investors may use the decline as an opportunity to add to
positions.

The S&P 500 hasn’t had a correction – defined as a 10
percent pullback from a peak – since 2012. While the benchmark
index has had multiple pullbacks of much smaller magnitudes,
profit hunting has prevented steeper losses, a strategy
Oppenheimer endorsed in a note to clients on Monday.

Sep 29, 2014

DreamWorks, Athlon rally on deal news

NEW YORK, Sept 29 (Reuters) – DreamWorks Animation SKG
and Athlon Energy were among the biggest movers
in the premarket session on Monday, with both names rallying on
deal news.

Shares of DreamWorks soared after a person with knowledge of
the situation said Japan’s SoftBank Corp was in talks
to buy the company. The talks were first reported by the
Hollywood Reporter, which quoted an unidentified source as
saying a buyout would value DreamWorks at $3.4 billion.

Sep 29, 2014

Stock futures lower; investors watch Hong Kong unrest

NEW YORK (Reuters) – U.S. stock index futures were lower on Monday, indicating Wall Street’s recent weakness would continue amid ongoing civil unrest in Hong Kong.

* Equities have been volatile in recent sessions, with major indexes closing out their worst week in eight last week despite a sharp advance on Friday. Daily moves on the S&P 500 have been sharply above average of late, and the benchmark index closed under its 50-day moving average one day last week.

Sep 29, 2014

Futures lower; investors watch Hong Kong unrest

NEW YORK, Sept 29 (Reuters) – U.S. stock index futures were
lower on Monday, indicating Wall Street’s recent weakness would
continue amid ongoing civil unrest in Hong Kong.

* Equities have been volatile in recent sessions, with major
indexes closing out their worst week in eight last week despite
a sharp advance on Friday. Daily moves on the S&P 500
have been sharply above average of late, and the benchmark index
closed under its 50-day moving average one day last week.

Sep 28, 2014

NiSource to separate into two publicly traded companies

NEW YORK, Sept 28 (Reuters) – NiSource Inc on Sunday
announced its board had approved plans to split into two
publicly traded companies, separating its utilities and pipeline
businesses, with the new company taking the form of a master
limited partnership (MLP).

Under the plan, NiSource will list its natural gas pipeline
division as an MLP named Columbia Pipeline Group, which is
expected to list on the New York Stock Exchange under the ticker
“COLP.” NiSource will remain a natural gas and electric
utilities business, and its listing will not change.

Sep 26, 2014

Wall St rallies but ends lower for week

NEW YORK, Sept 26 (Reuters) – U.S. stocks ended higher on
Friday, with the S&P 500 rallying back above a key technical
level, but the advance was not enough to offset recent declines
and major indexes closed out their worst week of the past eight.

The day’s gains were broad. While all ten primary S&P 500
sectors ended higher on the day, energy was the top
advancer, up 1.3 percent alongside a 1 percent rise in the price
of crude oil.

Sep 26, 2014

Biotech among biggest Nasdaq gainers

NEW YORK, Sept 26 (Reuters) – Biotech stocks were among the
biggest percentage gainers on the Nasdaq on Friday, though the
benchmark index only posted mild gains on the day.

Agios Pharmaceuticals surged 20 percent to $64.02
on its heaviest one-day volume since its initial public offering
last year. Earlier, the company said it would present clinical
data from an ongoing phase I study.