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Market News

Location American Market News for 1 June 2017

BHEL's dismal performance reflects state of economy

livemint.com - 1 Jun 2017 10:01
BHEL's dismal performance reflects state of economy The performance of BHEL, India's largest power generation equipment manufacturer, shows the hapless state of these manufacturers
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Britannia's growth gets soggy

livemint.com - 1 Jun 2017 06:21
Britannia's growth gets soggy Britannia blamed a sluggish market post-demonetisation
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Why Retailers Have More Debt Than Meets the Eye

Wall Street Journal - 1 Jun 2017 21:02
Abercrombie is one of many retailers with net cash on its balance sheet but substantial lease obligations.
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Global gold prices hold near five-week highs, but potential US rate hike weighs Spot gold prices were down 0.03% at $1,268.46 per ounce at 9.37am
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Lululemon's results showed resilience through the athleisure slump.
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Why Filipinos Remain Poor

Forbes - 2 Jun 2017 01:00
Why Filipinos Remain Poor Revolutions come and go in Philippines, but the old villains -- corruption and political oppression -- remain intact.
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Lululemon Shares Spike After It Raises Outlook, Beats Profit Estimates The retailer will also shutter most of its girl's clothing stores.
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Alibaba: Hubris Expressed In Stats

Forbes - 1 Jun 2017 23:40
Jack Ma should be ashamed of himself. His report, long on tables and short on verbiage and interpretive language, runs for 45 pages. It's as if management sat around the table and worked out its plan of deliberate obfusc...
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Market round up: EM bulls cooling off after impressive rally In other news, carbon black industry in a sweet spot, dividend declaration last priority for CFOs
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Best Buy And Retail's Long Road Back

Forbes - 1 Jun 2017 22:02
Best Buy And Retail's Long Road Back Like the proverbial canary in a coal mine, Best Buy's experience foretells much for retail supply chains in the age of digital demand.
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Why The 'Company Owned' Model Works For Starbucks Restaurant companies are employing different methods of expansion. While McDonald's is moving towards a 95% franchised model, 50% of Starbucks' restaurants are still company owned. The company is growing aggressively but...
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Why We Remain Bullish On China Telecom

Forbes - 1 Jun 2017 21:48
China Telecom , the smallest of the three wireless carriers in China, has seen its wireless and wireline broadband subscriber base expand over the last few quarters, with its long-term outlook also remaining reasonably s...
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The on-demand streaming space is increasingly getting crowded. While Netflix is the market leader with a 50 million+ strong user base, Amazon Prime Video is making in-roads among viewers with its huge content budget.
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There's a Paint Company to Own, But Akzo Nobel Isn't It

Wall Street Journal - 1 Jun 2017 21:01
Akzo Nobel group's refusal to enter talks with U.S. peer PPG Industries has laid bare not just the board's lack of commitment to owners' interests but also the protection from shareholder pressure afforded by the company...
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Buy the Bank Trading Dip

Wall Street Journal - 1 Jun 2017 21:01
J.P. Morgan Chase and Bank of America may see a slight decline in second-quarter trading revenue, but investors shouldn't panic.
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Hewlett-Packard Darkened by Microsoft's Cloud

Wall Street Journal - 1 Jun 2017 21:00
For the second consecutive quarter, the enterprise technology half of Hewlett-Packard's former empire has reported a sharp drop in server revenue. The main culprit, according to the company, is a "single Tier 1 customer"...
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Bridge With Buffett And Thorp, And Five Stocks That Could Follow Suit Like bridge, you do better in the market if you get more information, sooner, and put it to better use.
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3 Great REIT Sectors To Watch And 1 To Sell Immediately REITs are as cheap as they've been since 2009. In some cases, it's for good reason - in others, it's an opportunity to go shopping.
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Deere Makes Infrastructure Play With $5.2 Billion Purchase Of A German Construction Company The acquisition is a bet that more dollars will flock toward improving roads and highways.
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Emerging stocks face new era as MSCI reviews $9 trillion markets The stock markets of the world's developing economies are about to undergo a kind of a revolution as index provider MSCI Inc. prepares to carry out its annual review in June
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President Trump is expected to announce soon whether the U.S. will remain in the Paris Climate accord that over 195 countries entered into in 2015 to limit global warming. In this note we discuss the impact a withdrawal ...
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Hewlett-Packard Enterprise announced its fiscal Q2 results on Thursday, May 31. The results were in line with our expectations, as the company's revenues declined by 13% year-on-year (5% decline after adjusting for the e...
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