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Market News

Location American Market News for 17 January 2017

Eyeballs Are No Longer Enough for Netflix

Wall Street Journal - 17 Jan 2017 20:55
Netflix should be able to meet subscriber targets, but investors may start demanding profits.
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Big Pharma's Newest Headache: Rival Drugmakers

Wall Street Journal - 17 Jan 2017 06:04
The world's best-selling drugs face new competition.
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Investors Should Heed Morgan Stanley's Cautious Note

Wall Street Journal - 17 Jan 2017 19:13
The Wall Street bank turns in another strong quarter but its CEO warns a lot can go wrong.
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Italy's Downgrade Is No Buying Opportunity

Wall Street Journal - 17 Jan 2017 06:03
Instead, the cut by DBRS serves as a further reminder of the structural problems the country's economy faces.
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Colfax reported a slight drop in quarterly net income on Tuesday as higher costs offset increased revenue.
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Amkor Technology Enters Oversold Territory (AMKR) Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indi...
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The Dallas-based regional bank saw a jump in quarterly profit as it set aside less money for bad loans and reined in expenses.
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Biogen's Pricey Anxiety Cure Worth Every Penny

Wall Street Journal - 17 Jan 2017 23:07
Biogen's settlement with Forward Pharma removes a major risk for the stock.
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Brexit and the Pound: Far From All Clear

Wall Street Journal - 17 Jan 2017 21:47
The pound rocketed as Prime Minister Theresa May set out her Brexit plan, but many challenges lie ahead.
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Tuesday Sector Laggards: Financial, Technology & Communications Looking at the sectors faring worst as of midday Tuesday, shares of Financial companies are underperforming other sectors, showing a 0.9% loss. Within the sector, Comerica, Inc. (NYSE: CMA) and Navient Corp (NASD: NAVI) ...
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Tuesday Sector Leaders: Utilities, Consumer Products The best performing sector as of midday Tuesday is the Utilities sector, higher by 1.2%. Within that group, NRG Energy Inc (NYSE: NRG) and AES Corp. (NYSE: AES) are two of the day's stand-outs, showing a gain of 6.0% and...
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Trump vs. CEOs vs. Shareholders

Wall Street Journal - 17 Jan 2017 21:26
President-elect Donald Trump's tweets could force money-losing business decisions, which executives will struggle to explain to investors.
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The Year That Was: PepsiCo 2016

Forbes - 17 Jan 2017 21:25
The Year That Was: PepsiCo 2016 One of the world's largest food and beverage conglomerates, PepsiCo's net sales through the first three quarters of 2016 declined 3%, despite a solid 4% organic growth, due to currency headwinds and structural impacts. C...
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With the newly appointed Linda McMahon, a successful entrepreneur and small business owner, taking the helm of the SBA, I am hopeful that we will see the needed changes in the SBA and an increased commitment to educating...
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Why Ford Canceled Its Mexico Production Expansion Plans Ford Motor Company (NYSE: F) recently announced that it is cancelling its plants to invest $1.6 billion in a manufacturing facility in Mexico and will instead invest $ 700 million to expand its plant in Flat Rock, Michig...
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Market roundup | Banks hamstrung on capital go hybrid way In other news, India has higher share of expats compared to Asia-Pacific peers, global clean energy investments dip in 2016
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Sebi to revamp, tighten stock exchange and trading norms Sebi is revamping trading norms to strengthen its scrutiny of defaulters and mitigate liquidity risks arising out of increased algorithmic trading
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Trump Appointments Signal Shift On Mega-mergers, Antitrust Enforcement Despite his initial populist opposition to the AT&T-TimeWarner mega-deal, Donald Trump has signaled with recent appointments that his administration may look more favorably on larger corporate deals than anticipated. To ...
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Sebi chief U.K. Sinha says impact of demonetisation would be short-term Sinha said that Sebi was taking several steps to stop misuse of the capital market through steps such as curbing foreign investments through participatory notes in 2016-17
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Pound set for best day since Brexit vote after Theresa May's statement The pound climbed 2.3% to $1.2318 and touched $1.2347, the strongest level since 6 January
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With a high number of counterfeit products being sold on major e-commerce websites, some consumers are losing confidence in buying high-end goods online. eBay is looking to address this issue through a service powered by...
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Reminder - Acuity Brands Goes Ex-Dividend Soon Looking at the universe of stocks we cover at Dividend Channel, on 1/19/17, Acuity Brands Inc (NYSE: AYI) will trade ex-dividend, for its quarterly dividend of $0.13, payable on 2/1/17. As a percentage of AYI's recent st...
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