Market News
Citigroup Is the Last of the Cheap Banks
Wall Street Journal - 18 Jan 2017 22:32
Citigroup is the last major bank trading at an ultracheap valuation.
Iran Sabotages Its Own Economy To Spite The West
Forbes - 18 Jan 2017 00:19
Iran continues to falsely imprison westerners with dual Iranian citizenship. Now, the reactionary judiciary's recent decision to revoke the citizenship of dual nationals threatens to hijack Iran's opportunity to attract ...
Market round-up: Global cotton output seen lower than consumption
livemint.com - 18 Jan 2017 23:25
In other news, December sees strong foreign tourist arrivals , more firms at risk of losing investment grade rating
Netflix Announces Q4 Earnings
Forbes - 18 Jan 2017 22:50
Netflix will release its Q4 earnings on Wednesday.
Bank Of Canada Governor Stephen Poloz Gives The Loonie The Body Slam
Forbes - 18 Jan 2017 22:36
The Bank of Canada declined to raise or lower the overnight rate at today's meeting--but that doesn't even begin to tell the story.
The Dollar and the Donald
Wall Street Journal - 18 Jan 2017 22:34
No matter what Donald Trump says about the dollar being 'too strong,' if he is able to deliver the sort of economic growth investors are hoping for, the currency will probably rise further.
IBM: Paying Now for Work in Progress
Wall Street Journal - 18 Jan 2017 22:02
IBM's stock has risen sharply in the past year, raising the stakes for a continuing transition.
CFPB Sues Student Loan Servicer Navient For Failing Borrowers 'At Every Stage'
Forbes - 18 Jan 2017 21:58
The Consumer Financial Protection Bureau filed a lawsuit on Wednesday against Navient, the largest student loan servicer in the country, for cheating borrowers out of rights they have in repaying their student debt. Navi...
Wednesday Sector Laggards: Energy, Services
Forbes - 18 Jan 2017 21:33
In afternoon trading on Wednesday, Energy stocks are the worst performing sector, showing a 0.4% loss. Within the sector, Transocean Ltd (NYSE: RIG) and Helmerich & Payne, Inc. (NYSE: HP) are two large stocks that are la...
Qualcomm Dives Into The Connected Car Market With Its Drive Data Platform
Forbes - 18 Jan 2017 21:14
At CES recently, Qualcomm introduced its Drive Data Platform, which the company claims is designed to intelligently collect and analyze information from vehicle's sensors. In addition, the Drive Data Platform can assist ...
Why Amazon Has Launched A New Credit Card For Prime Users
Forbes - 18 Jan 2017 20:45
Recently, Amazon launched a new Prime Rewards Visa Card which will give its Prime customers a 5% discount on all their purchases on Amazon.
Shale Rebound Will Cramp OPEC's Style
Wall Street Journal - 18 Jan 2017 19:09
U.S. shale oil production is rising too quickly for OPEC's and Russia's comfort.
Crescent Point Energy Getting Very Oversold
Forbes - 18 Jan 2017 19:04
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...
Cloud Selloff Lets Through a Ray of Sun
Wall Street Journal - 18 Jan 2017 18:17
Software-as-a-service companies look a bit less expensive after a bruising year.
McDonald's franchisees expect a fourth-quarter sales drop
CNBC - 18 Jan 2017 17:40
McDonald's is not immune to the restaurant industry's December slump. A franchisee survey sees same-store sales down in Q4.
Charts Talk: Transports Topping Or Not?
Forbes - 18 Jan 2017 17:33
The financial media is coming up with many reasons why the transportation sector will not benefit from Trump's programs until later in the year. But what is the technical outlook?
Ex-Div Reminder for CVS Health
Forbes - 18 Jan 2017 17:03
Looking at the universe of stocks we cover at Dividend Channel, on 1/20/17, CVS Health Corporation (NYSE: CVS) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 2/2/17. As a percentage of CVS's rece...
Vermilion Energy About To Put More Money In Your Pocket
Forbes - 18 Jan 2017 17:00
On 1/20/17, Vermilion Energy Inc. (Toronto: VET) will trade ex-dividend, for its monthly dividend of $0.215, payable on 2/15/17. As a percentage of VET's recent stock price of $55.01, this dividend works out to approxima...
Citigroup earnings outstrip Wall Street's forecasts, but revenue is light
CNBC - 18 Jan 2017 16:48
Citigroup on Wednesday reported a quarterly profit $1.14 a share on revenue of $17.012 billion.
Pearson plunges as digital switch forces new profit warning
CNBC - 18 Jan 2017 16:34
The world's biggest education company is facing turmoil as customers turn to cheaper digital alternatives, or choose to rent instead of buy content.
Charter Communications Reaches Analyst Target Price
Forbes - 18 Jan 2017 16:08
In recent trading, shares of Charter Communications Inc (NASD: CHTR) have crossed above the average analyst 12-month target price of $300.06, changing hands for $306.14/share. When a stock reaches the target an analyst h...
5 Dividend Aristocrats Where Analysts See Capital Gains
Forbes - 18 Jan 2017 16:07
To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track...