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Market News

Location American Market News for 19 April 2017

It Is Time for Verizon to Make a Deal

Wall Street Journal - 20 Apr 2017 00:54
Verizon's growth is slowing and its stock is sputtering ahead of Thursday's earnings report
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American Express posted a 13 percent fall in first-quarter profit, as it spent more on premium rewards to retain customers.
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Qualcomm's big acquisition and upcoming innovations must try to trump attacks on its business model.
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The Fed's Interest Rate Repression Needs Inflation Repression, So Let's Thank Techies & Engineers Why we should thank techies and engineers for the global economic recovery.
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Though it has seen significant improvements in Asia and Europe, Guess seems to be missing out on sales in the Americas. The company attributed the declining footfall in its brick-and-mortar retail stores as one of the ma...
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A number of stocks are looking strong technically this week with the market's upside reversal. Here are four to watch.
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Sebi vigilance clears its officials in MCX-SX license grant case The Sebi vigilance committee said that there were no lapses in the way the license was granted to MCX-SX and its subsequent renewal
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More than a year after it established a dedicated team for virtual reality, Facebook recently unveiled its first virtual reality app "Facebook Spaces" at the annual F8 developer conference.
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Why Investors May Soon Be In For A Rude Awakening It seems that a lot of people have missed the distinction between wishful thinking and reality lately--and I fear it's going to hurt them badly.
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ED attaches Rs12 crore assets in Sekhar Reddy note ban case ED said it has also issued a provisional order attaching the assets of Ashok Jain and Mahaveer Hirani under the provisions of the Prevention of Money Laundering Act
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Nalco stake sale attracts bids worth Rs954 crore on day 1 The Nalco share sale attracted bids for over 14.24 crore shares as against 7.73 crore offered to institutional investors, an over-subscription of 1.84 times
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More Color Doesn't Make Akzo Nobel's Defense More Convincing

Wall Street Journal - 19 Apr 2017 19:49
When a company unveils a €1 billion special dividend, punchy new margin targets and quarterly earnings a fifth above forecasts, you might expect its shares to leap. The exception, as Akzo Nobel showed, is when the anno...
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Morgan Stanley Makes CaseWhy Banks Can Go Higher

Wall Street Journal - 19 Apr 2017 19:48
Morgan Stanley capped earnings season for top U.S. banks by turning the focus back on capital requirements.
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These Stocks Key To Stabilizing The Market

Forbes - 19 Apr 2017 19:21
These Stocks Key To Stabilizing The Market The Dow Jones Industrial Average continues to have a negative weekly chart, so earnings from stocks reporting this week will be pivotal to steadying the market.
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Yes Bank first casualty in RBI's rule to pull out bad loan skeletons Yes Bank reports 169% rise in gross bad loans for the March quarter and 66% increase in provisions, following RBI's new asset quality rules
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The bank bonds everyone wants. If there are any out there SBI perpetual notes are being hoarded and hunted by traders betting India's biggest lender will buy them back as it puts its capital structure in line with Basel regulations
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A New Corporate Friendly Model Of Environmental Activism Before environmental groups and companies jump straight into litigation, they should stop to consider whether this new model of corporate environmentalism might be more effective.
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Citi Research believes Goldman's weak trading results were an anomaly.
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Shift to Eurozone stocks from US equities fifth-largest since 1999: BofA-ML survey The fancy for Europe stocks comes despite next week's potentially disruptive French election, with a large number of investors finding US equities overvalued
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Is this the race car of the future?

CNN - 19 Apr 2017 17:53
Renault reveals its vision for how Formula One cars will look in 2027.
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Earnings Preview: What To Expect From Travelers On Thursday Travelers is expected to earn $2.41/share on $6.82 billion in revenue. Meanwhile, the so-called Whisper number is $2.31
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Morgan Stanley Earnings Surge 60% On Trading Boom And Wealth Management Strength Morgan Stanley's rebounding shares continue to be supported by strengthening performance from the bank and its CEO James Gorman.
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