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Market News

Location American Market News for 24 July 2017

Car Industry's Diesel Woes Just Won't Die

Wall Street Journal - 24 Jul 2017 18:52
This was supposed to be the year Volkswagen drew a line under its diesel-emissions scandal. Instead the scandal seems to be spreading to the other German car giants.
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Nomura India fund soars to $3.6 billion as Japanese bet on Modi Japanese investors owned $13 billion of Indian stocks and bonds at the end of June, the most in data going back to 2012
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How Emerging Markets And Blockchain Can Bring An End To Poverty The growing access to internet through affordable devices has the potential to help the the emerging markets have access to cheaper, faster and more transparent payment methods. Is blockchain the answer?
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Refranchising Likely To Again Be A Drag On Coca-Cola's Earnings The Coca-Cola Company is scheduled to announce its second quarter results on July 26, and even though the core performance may remain solid, both the top line and EPS are expected to take a hit due to the refranchising o...
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Honeywell reported decent earnings on Friday, on the back of better-than-expected performance in its Aerospace and energy-related businesses.
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Key Takeaways From Colgate-Palmolive's Q2

Forbes - 24 Jul 2017 23:42
Key Takeaways From Colgate-Palmolive's Q2 Colgate Palmolive reported weaker-than-expected fiscal second quarter earnings, as its earnings per share came in line but revenue missed expectations. The company's stock slid slightly after the announcement.
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Facebook Q2 Earnings Preview: What We Will Be Watching Facebook is scheduled to report its second quarter results on Wednesday, July 26th. We expect the company to report revenue growth of around 47% year-over-year (y-o-y) and meet consensus estimates of $9.1 billion, driven...
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Blockchain could contribute and play a key role in financial inclusion in India: David Lee Kuo Chuen David Lee Kuo Chuen speaks about China and Japan's regulatory stance on bitcoins and where blockchain is headed
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Earnings Preview: What To Expect From United Technologies On Tuesday United Technologies is expected to report $1.77/share on $15.18 billion in revenue. Meanwhile, the so-called Whisper number is $1.80
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How Blockbuster Drugs Fight Off Cheaper Competition

Wall Street Journal - 24 Jul 2017 22:04
A lower-priced version of blockbuster Remicade hasn't sold well, will an even cheaper drug upend the obscure pricing of the drug industry?
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Amazon Explores Yet Another Booming Market

Forbes - 24 Jul 2017 21:36
Amazon appears to be entering into yet another market: the meal-kit home delivery business. The company listed fresh, ready-to-cook meal ingredients in a box on its website and trademarked the slogan "We do the prep. You...
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Seagate's Revenues Likely To Remain Suppressed, Margins Could Expand Seagate Technology is scheduled to announce its fiscal Q4 results on Tuesday, July 25. In this note we discuss what to expect.
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Three 'Flight To Safety' ETFs For The Current Market Environment Bonds, gold, utilities ETFs bounce off low end of trading ranges.
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Stock Buybacks: The Greatest Deception

Forbes - 24 Jul 2017 19:44
Stock Buybacks: The Greatest Deception In a company buyback, shareholders basically just get part of their own money back. It's different than a dividend, which is usually a share of profits.
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PayPal Stock: Shares on Verge of Huge Breakout

Profit Confidential - 24 Jul 2017 19:41
PayPal Is Best of Breed with Digital Payments The global payment segment has been rapidly expanding over the past few decades, driven by the superlative growth in e-commerce worldwide. The demand for digital payment solu...
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India's Nifty 50 Leads 9 Global Equity Averages, While The German DAX Has Become A Drag Here's how to buy and trade nine global indexes, including the German DAX, which is down 5.5% since its June high.
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AAII Sentiment Survey: Second-Lowest Level Of Pessimism For 2017 Expectations among individual investors that prices will fall over the next six months declined to its second-lowest level of the year as optimism rebounded to a 11-week high.
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Sebi launches online registration system for REITs, InvITs To make it easier to do business, markets regulator Sebi says it has introduced an online registration system for REITs and InvITs
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While Google's is expected to report second-quarter revenue growth of 19 percent, a big EU fine is seen crimping profit.
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While Google's is expected to report second-quarter revenue growth of 19 percent, a big EU fine is seen crimping profit.
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Robert Kubica moves closer to F1 return

CNN - 24 Jul 2017 17:22
Robert Kubica's dreams of returning to Formula One received another boost as Renault confirmed Monday the Pole will drive during a test in Hungary on August 2.
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Bringing In Wealth Beats Trading It for Julius Baer

Wall Street Journal - 24 Jul 2017 17:13
Managing money for the rich looks like a better business than trading and investment banking: That is the upshot of half-year results for Swiss bank Julius Baer and the theme of last week's U.S. bank results.
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