Market News
Chipotle shares jump on earnings beat, attributes Virginia norovirus to sick worker
CNBC - 26 Jul 2017 01:37
The burrito chain is expected to post earnings of $2.18 per share on $1.19 billion in revenue, according to Thomson Reuters estimates.
Chipotle CEO: We Are 'Disappointed' We Failed To Prevent Norovirus In Virginia Restaurant
Forbes - 26 Jul 2017 00:54
One week after getting hit with reports that 13 of its customers got sick with norovirus after visiting a Virginia stpre, Chipotle released its second quarter results and is apologizing for the health hiccup, with CEO St...
Sebi may let civic bodies float trusts to raise funds via bonds
livemint.com - 26 Jul 2017 00:28
Under the pooled finance mechanism, small-sized municipal bodies can come together with their specific project requirement, and float a trust
Shares of Caterpillar jump 5% on second-quarter earnings beat
CNBC - 25 Jul 2017 22:42
The construction manufacturer beat second-quarter earnings estimates on both EPS and revenue.
AWS To Continue To Drive Growth For Amazon
Forbes - 25 Jul 2017 22:40
Amazon is scheduled to report its second quarter results on Thursday, July 27. The company made headlines this quarter for the Whole Foods deal, introducing Prime Wardrobe, venturing into the home appliance services spac...
Despite Alphabet's Continued Revenue Growth, EU Fine Impacts Profits
Forbes - 25 Jul 2017 22:35
Alphabet announced its second quarter results on July 24. The company posted 21% growth in revenues to $26 billion. The key
Halliburton Beats Expectations, Expects Shale Boom To Recede In 2018
Forbes - 25 Jul 2017 22:30
Halliburton posted a stellar improvement in its June quarter 2017 performance on Monday, July 24, backed by the shale recovery in the North American onshore markets.
Strong Growth In PEO Services To Drive ADP's Earnings
Forbes - 25 Jul 2017 22:24
ADP is slated to release its fourth quarter and full year fiscal 2017 financial results before the market opens on July 27. In line with the trend witnessed over the last few years, we expect the company's full year 2017...
iQiyi, Transaction Services To Continue Driving Growth For Baidu
Forbes - 25 Jul 2017 22:18
Baidu is scheduled to announced its Q2 results on Thursday, July 27. [1] The company has witnessed strong growth in its transaction services and online video streaming businesses in recent quarters, while its core search...
Sequoia Fund Climbing Back Post-Valeant Saga
Forbes - 25 Jul 2017 22:13
Buffett-endorsed firm beating index for first time after Valeant cratered
Banks Still Playable And Un-Pricey
Forbes - 25 Jul 2017 22:12
Let's go to the financial sector, banks, if only to see how they've grown into such huge hungry beasts. While manufacturing sector growth peaked out late fifties along with employee compensation, Wall Street began to sti...
Bet on pricier burgers pays off, sending McDonald's shares to all-time high
CNBC - 25 Jul 2017 21:34
McDonald's reported second quarter earnings and revenue that beat analysts' expectations on Tuesday.
Govt to sell 15% in National Fertilizers tomorrow, floor price at Rs72.80
livemint.com - 25 Jul 2017 21:22Sebi to introduce commodity position limits to curb price fluctuations
livemint.com - 25 Jul 2017 20:23
Sebi is creating three categories for agricultural commodities and will introduce limits that investors can hold for each one to try to reduce price fluctuations
Canada's Dollar Has Rallied 10% In Two Months. The Housing Market Lurks, Waiting To Snuff It Out
Forbes - 25 Jul 2017 19:59
Lurking in the background of the Canadian dollar rally is the robust housing market, which preoccupies the thoughts of the country's central bankers and citizens alike.
Amtek Auto shares down 5%, hit lower circuit on BSE
livemint.com - 25 Jul 2017 19:37
Amtek Auto shares falls by 5% after the firm said insolvency proceedings initiated by a consortium of banks led by Corporation Bank has been accepted by the NCLT
What Recent Growth Stock Dominance Means To Investors
Forbes - 25 Jul 2017 19:31
Large Cap Growth stocks are having their way in 2017, after a relatively weak 2016. And Small Cap Value stocks are lagging badly, after winning the prize for best performer in 2016. Welcome to stock market investing. Don...
Domino's Dips 8% As Sluggish International Same-Store Sales Spook The Street
Forbes - 25 Jul 2017 19:21
With a high-flying stock comes higher investor scrutiny -- and that scrutiny appears to be slamming Domino's shares in Tuesday trading. Better-than-expected second-quarter top- and bottom-line results weren't enough to o...
Airtel Q4: Is the Jio impactwearingoff?
livemint.com - 25 Jul 2017 19:06
Indian telcos may not witness the sharp declines in revenues as they did in the December 2016 and March 2017 quarters, but as far as profitability and other metrics go, the worst may be yet to come
A Stock That Is Like Switzerland And Another One With A Very Compelling Razor/Razor Blade Model
Forbes - 25 Jul 2017 18:57
Andrew Peck: I manage the Baron Asset Fund, which is an open-ended mutual fund focused on investing in midcap growth stocks. We consider midcap growth to be stocks between roughly $3 billion and $30 billion in market cap...
The Coming Squeeze for Shale Oil Drillers
Wall Street Journal - 25 Jul 2017 18:56
Oil field services firms such as Halliburton and Schlumberger see more improvement in the U.S. shale patch, but their rising margins may come at the expense of oil and gas producers' profits.