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Market News

Location American Market News for 21 July 2017

Don't Trust Capital One's Math

Wall Street Journal - 21 Jul 2017 17:44
Capital One sees default rates declining after a worrying jump, but investors should stay skeptical.
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Geely's Rally Is Running Out of Road

Wall Street Journal - 21 Jul 2017 15:01
One of China's most prominent auto makers has been the gift that kept on giving for investors, but not for long.
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Nuance Communications sees third-quarter earnings and revenue below Wall Street estimates.
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Anyone who's been through the admissions process knows that getting into college can be extremely competitive and often agonizing, with the most elite colleges accepting less than one in 10 applicants. But what happens a...
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Microsoft's Cloud Services Boost Revenues

Forbes - 21 Jul 2017 22:12
Microsoft announced its earnings for fiscal Q4 on July 20. The company posted 9% year-over-year growth (10% in constant currency) in revenues to $24.7 billion.
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Back To Basics For American Express With Focus On Affluent Customers Earlier this week, American Express managed to comfortably beat earnings expectations as a jump in card purchase volumes coupled with improving net interest margins helped the company mitigate the impact of higher operat...
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Wall Street is asking companies to share their plans to attract millennials on earnings calls this season.
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3 Sectors That Will Win In Fed's Great Balance Sheet Unwind A huge market crash is not a distant possibility. But ''sell everything and head for the hills'' is rarely a useful strategy.
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eBay Sees Slow Revenue Growth From StubHub, Classifieds eBay announced its Q2 2017 results on July 20, reporting 4% growth in net revenues to $2.3 billion. The company's Marketplaces revenue was up 4% year-over-year to $1.8 billion, while Marketing and Advertising revenue was...
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Take Stock Dividends Over Buybacks

Forbes - 21 Jul 2017 20:14
Take Stock Dividends Over Buybacks What's better, buybacks or dividends? Reality Shares finds dividends to be the much better option. Knowing the reasons why can mean a big difference for your portfolio's returns!
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In Vermont, Students And Lawmakers Are Getting The Facts On Cannabis As U.S. industry and government continue butting heads over cannabis, some institutions of higher learning are turning to science to elevate the conversation and inform the practice.
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Taming The US And Chinese Goldilocks Twins

Forbes - 21 Jul 2017 19:33
Taming The US And Chinese Goldilocks Twins The Fed and China are leaning against market speculation and any major short-term asset appreciation, so investors should be careful to stick to fundamental value.
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Blackstone and CVC Ready to Bet on Risky Side of Payments

Wall Street Journal - 21 Jul 2017 19:31
Private equity groups Blackstone and CVC are looking to join the payments party with a preliminary near-$4 billion offer for U.K.-listed Paysafe, the company revealed Friday. It looks like a gamble Paysafe shareholders s...
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The Euro May Be Rising, But Money Is Still Easy

Wall Street Journal - 21 Jul 2017 19:03
European Central Bank President Mario Draghi said Thursday that the euro's gains had "received some attention" on the ECB Governing Council, but the currency isn't the only factor that counts for financial conditions.
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China, India equity funds, local debt top H1 emerging market performance tables China funds filled the top five places in a league table of emerging equity funds based on Lipper performance data, and India strategies took the other slots in the top 10
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The drop in revenue came as weakness in GE's energy connections business offset gains in renewables and power units.
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President Trump Can Preemptively Pardon His Advisers And Family, But Will He? President Trump has reportedly asked his advisers about the scope of his pardon powers. Here's why he could pardon his son, son-in-law and associates implicated in the expanding Special Counsel investigation -- and perha...
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How Fitbit Stock Can Earn Back Investor Confidence

Profit Confidential - 21 Jul 2017 16:53
How Fitbit Stock Can Earn Back Investor Confidence The Big Problem for Fitbit It's been a tough year for Fitbit Inc (NYSE: FIT). Not only did the Fitbit stock price lose more than half its value in the last 12 months, but its main rival went belly up. While that may seem...
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Reliance's plans for effectively free JioPhone sends Airtel, Idea shares tumbling Airtel shares fell as much as 4%, the most intraday in 4 months, before closing 2% lower at Rs411.15 on BSE after RIL revealed its JioPhone plans at its 40th AGM
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Our proposition at Sanctum looks much better than what it was at RBS Gupta on Sanctum's one year journey, losing the multinational tag, retaining top employees, and more
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Honeywell's profit rises 5.5%

CNBC - 21 Jul 2017 15:28
Honeywell reported a 5.5 percent rise in second-quarter profit, helped by strength in its aerospace, and performance materials and technologies businesses.
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Gold imports jump over 2-fold to $11.25 billion in Q1 In June this year, gold imports had risen to $2.45 billion from $1.20 billion in the same month of the previous year, contributing to the widening of trade deficit to $12.96 billion
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