Date: 2016-09-13 00:00:00
S&P 500 (SPY) — open: 212.39, high: 216.81, low: 212.31, close: 216.34, volume: 168110900, daily change: 0.0143
News headlines:
Newport Targets Young Adults With ‘Pleasure Lounge’
SEC Chief Throws Out First Pitch at Mets-Nationals Game
Oil Prices Higher; Focus on U.S. Crude Inventories
TPG Growth Brews $45M Philz Coffee Investment
Singapore’s STI Flirts With Gains on Negative Regional Lead
SpaceX Seeks to Return Falcon 9 to Service in November
Roundup of Form D Regulatory Filings--Sept. 13
Dollar Pops as Oil Drops
Dicom Grid Changes Name to Ambra Health, Raises $6M
U.S. Stocks Drop as Oil Slides
AMR Seeks Probe of SFX Entertainment Over Digital Music Charts
Wells CEO on Sales Scandal: Employees, Not Bank Culture, to Blame
Wells Fargo CEO John Stumpf Called to Account
Companies Move to Reprice Employees’ Stock Options
Oil, Gas-Field Investment Set to Fall for Two Straight Years
Ruby Tuesday CEO Resigns
Volatility Puts Some Funds at Risk
Bad Timing? Online Lender Boasts of Hiring a Top Wells Fargo Risk Officer
Mexico’s Pemex Makes Offshore Crude-Oil Discoveries
Analysts Forecast Increase in Crude Inventories
Spitzer’s Trial Against Hank Greenberg Finally Begins
Blackstone, ArcLight to Buy Midwest Power Plants From AEP
House Financial Services Committee Passes Bill to Overhaul Dodd-Frank Law
J.P. Morgan Leapfrogs Over Wells Fargo in Market Capitalization
Bank of Japan to Consider Further Cuts to Negative Rates
Arch Coal Restructuring Plan Wins Court Approval
Yelp, TripAdvisor Gain Legal Cover for Negative Reviews
What to Do About Discount Window Stigma
Oil Falls on Weak Demand Growth
Yellen to Address Kansas City Fed Forum on Sept. 29
Finance Watch
Funding Snapshot: Big Cloud Analytics Raises $4.5M Series A
Natural Gas Settles Down 0.2%
Bankruptcy Judge Rejects $5 Million Bid for Bruegger’s Largest Franchise
Logan’s Roadhouse Seeking to Pay Bankruptcy Bonuses to Executives
ECB Official Says Bond Purchases Must Be Given Time to Work
Atlanta Fed’s Dennis Lockhart, a Bellwether Voice at the Central Bank, to Step Down
Oath Craft Orders Up $4.5M to Open More Pizza Shops
Wells Fargo to Eliminate Product Sales Goals, Aiming to Rebuild Trust
Financial Choice Act Moves Regulation in the Right Direction
Former Sentinel CEO Continues to Fight Conviction
Time Warner Leads $12M Investment in You.i TV
EpiPen Maker Mylan Dispenses Outsize Executive Pay
Gold Closes Lower on Fed Rate Uncertainty
Regulator Weighs Extending 1977 Community-Investment Law to Fintech Firms
Summary of Claims Trading Data - Week Ended Sept. 11, 2016
Credence MedSystems Injected With $15M Series A
Linde Executives Depart After Praxair Deal Fails
Judge Rejects Vivint Bid to Sue SunEdison Over Merger
U.S. Budget Deficit Expands in August
Alstom, France in Talks Over Boosting Domestic Demand
U.K. Lawmakers Announce Inquiry Into EU Insurance Rules
Building the Case for Greater Infrastructure Investment
Three Hanjin Shipping Charter Vessels Are Sold
Container-Shipping Slump Stings German Investors
San Francisco Fed Paper Examines Consequences of Asset Bubbles
Goldman Sachs Fund to Buy Secondhand Stakes in Private Equity
London Mayor Takes Steps to Help City’s Black Cabs
Regions Settles FHA-Insured Mortgage Matter
GreenSky Scores $3.6B Valuation From Fifth Third Bancorp
Argentine Central Banker Warns of Deposit Outflows from Negative Rates
Basel Committee’s Coen Pushes Back Against Criticism of Capital Proposals
Defy Media Raises $70M in New Funding
Gannett Leads Investment in Social Media Pioneer Digg
France Gives Fund Managers Guide to EU Research Payment Rules
GBP/USD at 2-Week Low on Inflation Data, More Falls Seen
Fifth Third Bancorp Unveils Additional Consolidation Plans
U.S. Retail Sales Fell 0.3% in Mid-September
Japan Will Issue More 40-Year Government Bonds
ECB’s Nowotny Says Monetary Policy Should Stimulate Demand
British Firms Face Higher Costs After Brexit
Weekly Chain-Store Sales Plummet
Tracy’s Take: Why the Fed Is Going After Merchant Banking
Point Raises $8.4M for Platform for Investors to Buy Equity in Homes
Industrious Grabs $37M for Corporate-Focused Co-Working Space
Arbor Raises $6.5M Series A for Data Marketplace
Optimove Raises $20M From Israel Growth Partners
Chernova’s Take: Legacy Software is Cool Again
Unravel Data Raises $7.2M to Simplify Big Data Operations
Claroty Secures $32 Million to Foil Critical Cyber Attacks
GitLab Raises $20M as Market for Software Development Tools Heats Up
Jeff Bezos Discloses Blue Origin’s First Orbital Rocket
Tiffany Names Mark Erceg CFO
IEA Cuts Global Oil Demand Forecast
IKEA Thinks Outside the Box With Move to Click-and-Collect Stores
Hilsenrath’s Take: Watch for Downward Drift in Fed Dot Plot
Tracy’s Take: Why the Fed Is Going After Merchant Banking
Brazilian Telecom Oi, Working Through Bankruptcy, Loses its CFO
U.S. Small-Business Confidence Dragged by Economic Outlook
UnitedHealth’s Optum Unit to Oversee Quest Diagnostics’ Billing Processes
Germany’s Economic Rebound Flagging, Survey Finds
Under Armour Bets on High-End Clothing Line
Budget Flows in the U.S. and EU
As Vietnam Deals Surge, Brewers Go Up for Sale
Asian Shares Shed Early Gains
China’s Economy Rebounds
Divided Fed Inclined to Stand Pat
Brickley’s Take: Jevic Structured Settlement Leaves It Friendless
Brickley’s Take: Jevic Structured Settlement Leaves It Friendless
New York City Says Verizon Has Failed to Meet Fios Targets
Oil Futures Retreat in Asia Trade, Reversing Earlier Gains
Market direction: Neutral