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Market News

Location American Market News for 16 February 2017

Time for Nestlé to Make Major Cosmetic Changes

Wall Street Journal - 16 Feb 2017 16:52
Selling out of cosmetics giant L'Oréal looks like an easy win for Europe's most valuable company
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Key Takeaways From TripAdvisor's Earnings Report TripAdvisor ended 2016 on a weak note mainly on account of the lack of traction on its Instant Booking platform that led to a decline in its hotel revenues. Too, the company continued investing on its marketing initiativ...
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If Car Industry Retools, Parts Makers Will Reel

Wall Street Journal - 16 Feb 2017 05:08
Barriers to trade are bearing down on the auto industry. Parts makers have the most to lose.
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The waste management company posted earnings of $1.00 per share on revenue of $906.4 million for the fourth quarter.
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No Doubt About It: NAFTA Favors Mexico When It Comes To Energy NAFTA is anything but a free trade agreement when it comes to Mexico. Special provisions granted Mexico's national energy industry provide serious advantages over American and Canadian companies. But now that Mexico is l...
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Alibaba and Mattel entered into a strategic partnership which will allow the latter to sell toys in China via Alibaba's marketplace and to use its data and insights on the Chinese consumers to develop new toy products fo...
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Why Online Lenders Keep Disappointing

Wall Street Journal - 16 Feb 2017 20:30
Shares of two online lenders are down sharply after another rough quarter.
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Who Are Snap's Real Friends?

Wall Street Journal - 16 Feb 2017 20:10
Snap is asking a lot of its investors in its coming IPO, and that may lead them to push back.
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Kraft Heinz the maker of Velveeta cheese, Heinz ketchup and Oscar Mayer meats, reported a higher-than-expected adjusted profit, helped by lower costs.
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2 Stocks To Buy And Hold For The Next 2 Years It's hard to find fairly valued stocks to hold for the long term after the recent market run up. Here are two ideas that seek to benefit from decent relative valuations and policy catalysts driven by the Trump administra...
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Kyrgyzstan wants every citizen to own at least 100 grams of gold Kyrgyzstan's central bank wants every citizen to diversify their savings into gold
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How Saudis Cut Oil Output Without Really Cutting

Wall Street Journal - 16 Feb 2017 18:43
Saudi Arabia has led the way among major energy exporters in cutting oil production. At the same time, the kingdom is adding to global supply in a surprising way.
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Molina blamed Obamacare for disappointing financial performance.
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US stocks hit record intraday high for sixth straight session S&P 500 gains 0.04%, Dow Jones Industrial Average up 0.07%, Nasdaq Composite adds 0.17%
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Cosmetics maker Avon Products reported fourth-quarter revenue and profit that missed estimates as demand slipped in all but one of its markets.
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Shares of NetApp rose in early trade Thursday after the data storage company announced an earnings beat.
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GNC's Stock Plummets After It Nixes Dividend, Reports Awful Quarter The nutritional supplements retailer said the results don't reflect "the fundamental changes" made to the business model.
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Amazon Might Be Looking To Venture Into The Intimate Apparel Segment After rolling out private clothing labels for women and recently launching a private-label men's clothing collection, Amazon is set to venture into the intimate apparel segment. The WSJ reports that the company plans to ...
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Disney reported a 5% decline in theme park attendance for Q1, which the company attributed primarily to Hurricane Matthew, the shift in timing of winter holidays and significantly higher attendance last year owing to the...
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Why Bond Market Isn't Convinced About Surging Growth

Wall Street Journal - 16 Feb 2017 15:13
Bond markets appear to be dithering about reflation. More strong data will be a test.
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Lenovo's PC Prowess No Solace for Smartphone Slide

Wall Street Journal - 16 Feb 2017 15:05
The world's biggest personal computer maker is yet to find ways to make money on its smartphones.
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Why Personal Loans Top Credit Cards For These 3 Purchases Personal loan or credit card? Here are 5 purchases where a personal loan makes most sense.
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