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Market News

Location American Market News for 28 July 2017

Where There's Smoke There's Fire for Tobacco Stocks

Wall Street Journal - 28 Jul 2017 22:15
Curbs on nicotine could be disastrous for tobacco stocks such as Altria, and the dip after the news doesn't make the stocks cheap enough to represent a buying opportunity.
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Europe's Investment Banks Suffer American Envy

Wall Street Journal - 28 Jul 2017 18:59
Across the board, most European banks' revenues are falling further behind.
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Theme Parks, Broadband To Drive Future Growth For Comcast Comcast released its Q2 earnings on July 27, beating analyst earnings estimates by 4 cents per share, driven by a 9.8% y-o-y rise in revenues and a 10% surge in adjusted EBITDA. The top line increase was led by the Theme...
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First Solar , the largest U.S.-based solar panel manufacturer, posted a better than expected set of Q2 2017 earnings, driven by improving demand and some recent price stabilization in the solar module market as well as b...
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Twitter's Growth Struggles Continue

Forbes - 28 Jul 2017 22:56
Twitter once again failed to report growth across its user base and revenues in Q2. As a result of its disappointing results, the stock price declined by 15% in aftermarket trading.
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Breaking Down Western Digital's Q4

Forbes - 28 Jul 2017 22:52
Breaking Down Western Digital's Q4 Western Digital announced its fiscal fourth quarter 2017 earnings on Thursday, July 27, reporting a 39% annual increase in net revenue to $4.8 billion.
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Apple is scheduled to publish its Q3 fiscal 2017 earnings on August 1, reporting on a quarter that is typically seasonally soft for the company, as it prepares to launch its updated iPhones in the fall.
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Why Facebook Stock Is Soaring After Earnings

Profit Confidential - 28 Jul 2017 22:05
FB Stock Shatters Record Highs What do you call a company that keeps crushing expectations? Hint: it's not a riddle. There is a very real answer to this question--it's called Facebook Inc (NASDAQ:FB). Maybe you've heard ...
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CoStar Group A Misunderstood And Overvalued Growth Stock This firm's questionable acquisition strategy has resulted in a ballooning balance sheet that diminishes the capacity to create shareholder value. Further, the profit growth expectations embedded in the stock price have ...
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AWS remains the King Kong of cloud.
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How Useful Are Time Frames In Economic Forecasting? Commonwealth CIO Brad McMillan comments on the usefulness of time frames when it comes to investing, especially in the short term.
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Embassy Office Parks first to get Sebi's REIT registration Embassy Office Parks REIT has been registered with the Sebi, making it the first such realty trust in the country to be accorded registration by the market regulator
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HDFC clears 9.57% stake dilution in subsidiary HDFC Life through IPO Earlier, HDFC had decided to go solo for the IPO, dropping the initial merger plan with Max Group, after having faced regulatory hurdle because of the structure of the deal
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Sorry Haters, Your China Hard Landing Has Been Postponed Again China's central bank reserves are worth more than the entire economy of many major countries, including the UK, France and Italy.
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Idea Celluar shares bounce back, end over 3% higher

livemint.com - 28 Jul 2017 18:22
Idea Celluar shares bounce back, end over 3% higher Shares of Idea Cellular recovered early losses and ended over 3% higher even as the company posted a loss of Rs815.9 crore in the first quarter
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Marijuana Real Estate With excitement bubbling over the growth potential in the marijuana stock market, investors are keen on which pot stocks are the best to ride that wave of hype into comfortable returns. But as the i...
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SIS IPO to eb launched on Monday, firm seeks to raise up to Rs780 crore Security and Intelligence Services (SIS) has set Rs805-815 per share as the price band for the IPO that closes on 2 August
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Chevron reported quarterly revenues that beat Wall Street's expectations and profits that rose from a year ago.
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SIRI Stock Continues to Take Strides Towards Its $8.00 Target

Profit Confidential - 28 Jul 2017 16:49
SIRI Stock: The Earnings Catalyst That Completed the Price Pattern The second-quarter earnings numbers are in and they are better than expected. As a result, Sirius XM Holdings Inc. (NASDAQ:SIRI) stock is surging higher ...
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Exxon Mobil reported earnings that fell just short of analysts expectations but doubled from the same period last year.
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The Great Transatlantic Bond Divergence Unwind

Wall Street Journal - 28 Jul 2017 15:54
For more than two decades after the fall of the Berlin Wall, U.S. and German bonds were like soldiers marching in step. That changed a few years ago, but signs are for this important trade to reassert itself.
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That Second Chance in 3D Systems Stock Is Now Upon Us

Profit Confidential - 28 Jul 2017 15:50
DDD Stock: The Backtest Is Now Complete I became bullish on 3D Systems Corporation (NYSE:DDD) stock on May 8, 2017, when it completed a technical price pattern that confirmed that a bottom had finally been put in, and th...
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