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Market News

Location American Market News for 13 February 2017
Week Ahead On Wall Street: Yellen Appears Before Congress, Time Warner And AT&T Merger Goes To A Vote What investors should watch the week of February 13-17.
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The Coming Drought in Corporate Bonds

Wall Street Journal - 13 Feb 2017 12:18
House Republicans' plans to let companies repatriate foreign profits and deny deductions on interest could cut into bond issuance.
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Investors Have Second Thoughts About Trump Trade

Wall Street Journal - 13 Feb 2017 06:10
Inflation expectations have stalled heading into a slew of data and Janet Yellen's semiannual testimony before lawmakers.
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DuPont Puts Toxic Exposure Lawsuits Behind It With $671 Million Settlement Residents outside a West Virginia factory sued over contamination of their drinking water.
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Burger King And Tim Hortons Owner Reportedly In Talks To Make A Bid For Popeyes Restaurant Brands International -- the owner of Burger King and Tim Hortons -- is reportedly interested in making an acquisition bid for chicken purveyor Popeyes Louisiana Kitchen. Both companies have declined to comment...
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Time Is Running Out for Fossil

Wall Street Journal - 13 Feb 2017 23:07
Warnings from other retailers don't bode well for Fossil ahead of Tuesday's earnings report.
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US's biggest creditors dump treasuries

livemint.com - 13 Feb 2017 22:34
US's biggest creditors dump treasuries In Japan, the largest holder of Treasuries, investors culled their stakes in December by the most in almost four years, the ministry of finance's most recent figures show
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Hindalco Q3 results: Copper counters surge in aluminium profits Imports and demonetisation are seen as reasons for the slump in aluminium demand, which in turn impacted Hindalco's Q3 results
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F1 champ warns Hamilton's new teammate

CNN - 13 Feb 2017 22:20
Nico Rosberg knows better than anyone about the challenges and demands that new Mercedes driver Valtteri Bottas will face as the teammate of three-time Formula One world champion Lewis Hamilton.
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Apple Rally Marks Super-Early Start of iPhone Cycle

Wall Street Journal - 13 Feb 2017 21:06
Apple's stock is already nearing the peak multiple of past iPhone supercycles.
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Coca-Cola Wraps Up Another Transitional Year With Solid Core Performance The Coca-Cola Company reported a revenue decline as expected, ending yet another transitional year. Forex and structural impacts were a significant deterrent to Coca-Cola's top line growth. Coke has battled with slowing ...
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Here's How Netflix Can Be Impacted By The Decision On Zero Rating The FCC's new chairman Ajit Pai ended the investigation into zero rating and stated that the board will take no further action against service providers for this practice, by which they apply no data charges for streamin...
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With Cloud, Alibaba Follows The 'Build It And They Will Come' Approach Alibaba bets big on Cloud growth
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Infosys shares rise despite founders' row with board

livemint.com - 13 Feb 2017 18:45
Infosys shares rise despite founders' row with board In three days, the Infosys stock has gained 5%, adding Rs10,807.51 crore to Rs2,25,904.51 crore in its market valuation
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Smartphone Cameras Flash Brightly for These Companies

Wall Street Journal - 13 Feb 2017 18:19
The trend of smartphones with dual-lens cameras is only getting started, good news for parts suppliers like Sunny Optical.
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Sears Punches Back At Reports Suggesting It Dropped All Trump-Branded Merchandise Sears, it appears, does not want to be the next Nordstrom. Following weekend reports that the retailer dropped Trump Home products from its website, the company is punching back with a Monday-morning blog post promising ...
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How To Buy And Sell Apple, Merck And 2 Other Best Performing Dow Stocks The four components of the Dow 30 with the biggest gains so far in 2017, did not set new all-time intraday highs on Friday - Apple (AAPL), Merck (MRK), Nike (NKE), and Visa (V).
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How To Trade Chevron, GE And The 2 Other Biggest Losers This Year These four components of the Dow 30 are the worst performers of the nine Dow stocks that have declines so far in 2017. Here's how to buy and sell them now.
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The U.S. Has Never Had A Tax On Exports

Forbes - 13 Feb 2017 17:19
The U.S. Has Never Had A Tax On Exports I spent most of last week working with John Mauldin to explore the "border adjustment" tax reform idea. He wrote about it in Thoughts from the Frontline.
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Wall Street set to extend record run as 'Trump trade' rekindles The three main US stock indexes closed at record highs as optimism about the economy rose after Donald Trump vowed to make a major tax announcement
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How Much Do You Need To Retire: 4 Things For Your Checklist One of the best ways to tackle the complex issues of retirement is through a checklist. Here's how to do it.
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Shutterfly announced a significant restructuring of its consumer business. Growth in its consumer business only from the Shutterfly brand and was offset by a decline in revenues from other brands. This year, the company ...
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