Market News
China's IPO 'Glut' And The Case For Stock Market Reform
Forbes - 27 Jul 2017 08:43
Chinese regulators have increased the number of IPOs in the stock market, but reform toward a market based system is still much needed.
An Insider Explains Why Wall Street's Big Money Focus On Sustainability Is Here To Stay
Forbes - 27 Jul 2017 17:54
Bruce H. Goldfarb is often the man behind the scenes of Wall Street's biggest shareholder fights. He explains why hedge funds and ETFs alike are sharpening their focus on issues like sustainability and diversity, in addi...
Coca-Cola's Revenue Declines, But Core Business Remains Solid
Forbes - 28 Jul 2017 01:11
The Coca-Cola Company posted its second quarter earnings on July 26, reporting a 16% fall in revenues, hit by headwinds of 17% from the refranchising of its bottling operations, and a 2% impact from foreign currency.
Amid Caution Over Macro Retail Environment, Starbucks Plans To Shutter All Of Its Teavana Stores
Forbes - 28 Jul 2017 00:57
Starbucks is feeling a bit of the pain that's affecting the broader retail landscape. The $86 billion coffee behemoth posted third quarter earnings results Thursday afternoon that were softer than what Wall Street was ex...
How Viacom Will Benefit From Its Deal With Tyler Perry
Forbes - 28 Jul 2017 00:53
Viacom recently announced a long-term content and partnership deal with Tyler Perry under which he will produce 90 episodes annually of original drama and comedy series for BET and other Viacom networks. Viacom will also...
Facebook Posts Strong Q2 As ARPU Grows Across Geographies
Forbes - 28 Jul 2017 00:50
Facebook posted strong second quarter results yesterday, with revenues increasing 47% year on year (y-o-y) to over $9.3 billion, beating Reuters' compiled consensus estimates of $9.2 billion. This was driven by a signifi...
Strong Component Demand Drives Samsung's Q2
Forbes - 28 Jul 2017 00:49
Samsung Electronics recently published its Q2 2017 results, posting its strongest-ever operating profits, driven by strong demand and pricing for memory products and a resurgent smartphone business.
Investors Don't Believe in Twitter's Turnaround
Wall Street Journal - 27 Jul 2017 23:59
Twitter has found a way to moderate its revenue declines, but it told investors not to get too excited about it.
It's time to file your India tax return
livemint.com - 27 Jul 2017 23:57If Growth Is Back At Baidu, Shares Could Be Cheap
Forbes - 27 Jul 2017 23:05
Is Baidu back in growth mode?
Why Idea Cellular's in-line Q1 results provide no succour
livemint.com - 27 Jul 2017 20:36
Idea Cellular's cash profits are fast depleting, and the situation can turn for the worse if the merger with Vodafone India is not fast-tracked
Govt raises Rs535 crore from NFL share sale
livemint.com - 27 Jul 2017 20:21The Bull Market's Growth Problem
Wall Street Journal - 27 Jul 2017 20:18
Under the hood of the stock market rally, signs the 8-year bull market may be nearing its end.
AstraZeneca Shocker Reminds Investors Miracle Drugs Are No Remedy for Risk
Wall Street Journal - 27 Jul 2017 18:12
Chasing exciting new developments in medicine can be a very expensive endeavor. Such is the takeaway from AstraZeneca's announcement that a hotly anticipated clinical trial didn't meet expectations.
NSE to conduct two-day live trading from disaster recovery site
livemint.com - 27 Jul 2017 17:59P&G tops Wall Street views, but activist Peltz says it must fix 'root cause' of its slow growth
CNBC - 27 Jul 2017 17:48
Procter & Gamble, the maker of Pampers diapers, reported a fourth-quarter earnings beat on Thursday amid pressure from an activist investor.
Nestlé's Slow Growth Plays Into Dan Loeb's Hands
Wall Street Journal - 27 Jul 2017 17:43
The activist investor is agitating for higher margins at the world's largest food company. Disappointing growth lends weight to his arguments.
Twitter drops 13% as it fails to deliver user growth
CNBC - 27 Jul 2017 17:37
Twitter beat estimates on its top and bottom line but monthly active user growth was flat from the previous quarter.
Twitter stock plunges as it fails to deliver user growth
CNBC - 27 Jul 2017 17:37
Twitter beat estimates on its top and bottom line but monthly active user growth was flat from the previous quarter.
Comcast shares climb after box-office hit drives earnings past expectations
CNBC - 27 Jul 2017 17:36
Comcast saw a big pop in film revenue and as NBCUniversal and theme parks both posted double-digit revenue surges.
Verizon matches earnings, beats revenue expectations in first full quarter with unlimited data plans
CNBC - 27 Jul 2017 17:34
Verizon posted second-quarter earnings in line with estimates on Thursday, and revenue that beat analyst expectations.