American Market News for 19 Oct 2017
Database company MongoDB has given the NY tech scene an exit to celebrate, at least for one day. On its first day of trading, CEO Dev Ittycheria talks to Forbes about why MongoDB's IPO resonated with... investors.
Today's environment seems to me to be the same situation under a different name. "Algorithmic Trading," "High-Frequency Trading" and all that money concentrated in index funds has created a... combination of itchy trigger fingers and the biggest "crowded trade" I have ever seen, the indexing craze.
Banking stocks led the fall in the Sensex as participants booked profits during muhurat trading, brokers said
People's Bank of China Governor Zhou Xiaochuan has warned against a sudden slide in optimism that could trigger a jolting collapse in asset prices
Alpine Total Dynamic Dividend Fund (NYSE: AOD) will trade ex-dividend, for its monthly dividend of $0.0575, payable on 10/31/17
Alpine Global Premier Properties Fund (NYSE: AWP) will trade ex-dividend, for its monthly dividend of $0.05, payable on 10/31/17.
Invitation Homes Inc will pay its quarterly dividend of $0.08 on 11/7/17, Apogee Enterprises Inc will pay its quarterly dividend of $0.14 on 11/8/17, and A. Schulman, Inc. will pay its quarterly... dividend of $0.205 on 11/1/17.
Thor Industries, Inc. will pay its quarterly dividend of $0.37 on 11/7/17, CVS Health Corporation will pay its quarterly dividend of $0.50 on 11/3/17, and Starwood Waypoint Homes will pay its... quarterly dividend of $0.11 on 11/7/17.
The Anglo-Dutch consumer giant has been hit by upstart competitors like ice-cream brand Halo Top, as brand-building is a less predictable business than it used to be.
Japanese motorsport fans -- get ready to see a lot more of Jenson Button.
Copper is testing three-year highs and the Dow has just broken 23000. Is global growth about to go through the roof? Unlikely: take a closer look at China.
Young tech companies like to move fast and break things, but humbled upstart Box has discovered the value of taking things slow and steady.
Since 2011, the CFPB has helped return over $750 million to student loan borrowers. Here's why.
Unilever reported lower-than-expected sales, dampening hopes that an aborted takeover offer from Kraft Heinz would spark a swift improvement.
Travelers reported a 59 percent drop in profit on Thursday, hurt by higher catastrophe losses from hurricanes Harvey and Irma.
Verizon reports quarterly earnings that met analysts' expectations and revenue that topped estimates.
TSMC stands to benefit from the hottest tech trends, from new smartphones to cryptocurrencies.
Japanese Prime Minister Shinzo Abe is touting a liberal economic agenda and a cautiously tough stance toward China as his party campaigns ahead of snap elections.