Last week’s headlines must be a frustration among the 11 S&P 500 sector exchange-traded funds as there are continuous downgrades here and there. Here are some of the results from this week’s scorecards to have a glimpse of what to watch out for.
Sectors
Liberty Media Heightens Investment To $13M For F1
Liberty media has just raised its investment to a shining $13M. Liberty Media has raised its stake in Formula One by 0. 4% to 19. 1% through investing $13 million in the auto racing series that it agreed to take over for $4.
EU Poultry Sectors Prepares Against Avian Flu Threat
Avian Influenza is now again taking toll to the worldwide poultry industry. This time, EU wants to be more than prepared and protected.
Healthcare, Technology And Communications Tops Monday Sectors
Just like the past week, the shares of Healthcare companies outperform other sector by 2.2% as of midday Monday.
Irish Sectors Suffer Months After The Referendum Vote
After United Kingdom’s decision to leave the European Union, the PMI data from IHS Market shows that the Irish companies operating in sectors have already suffered in the months subsequent to the referendum.
Latest News
Technology, Communications And Energy Are Friday Laggards of the stocks. The worst performing sector as of midday Friday is the Technology & Communications sector, showing a 0.
Scanning over the sectors performing the best as of midday Friday, with an edge of 1.7%, the shares of Healthcare companies outperform other sectors.
During the Shanghai Cooperation Organization (SCO) Summit on Tashkent, Kyrgyzstan, Russia has restated its support to all the sectors of Afghanistan after the Chief Executive Office of the National Unity Government met with the Russian Prime Minister Dmitry Medvedev.
Starbucks lines itself as one of the corporations who has increasing profit rate for the past market times.
The AJK Prime Minister Raja Farooq Haider Khan has directed to all government institutions to establish an effective financial discipline in their respective organizations.
Lufthansa’s Chief Executive Officer confirmed that the carrier is not interested to enter into an investment deal with Italy in connection with the speculations of a possible investment in Alitalia since the company is currently focusing on talks with Etihad for its deal with Air Berlin.
With a 2.1% loss, the shares of Energy companies are underperforming other sectors as of midday of Wednesday. Showing a 5.4% and 5.2% of loss, the Pioneer Natural Resources Co (Symbol: PXD) and ONEOK Inc. (Symbol: OKE), respectively, are among the large stocks which are lagging.
The growing demand for Consumer Products, Healthcare sectors to lead for Tuesday. Each day, millions of people of all ages in homes around the world use products from one or more of our consumer health care companies.
Crispin Odey is a London-based hedge fund manager. His main hedge fund has lost about 43 percent this year. He says that U.K. stocks could crash 80 percent as the economy is shaken by a recession and greater inflation after the vote to quit the European Union.
