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Market News

Location American Market News for 3 August 2017
Rio Tinto's First Half Takeaways: Favorable Pricing Environment Driving Growth Rio Tinto reported a sharp improvement in its earnings for the first half of the year, driven by a favorable commodity pricing environment and supported by the company's cost reduction initiatives.
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Square: Don't Overpay for Payments Hype

Wall Street Journal - 4 Aug 2017 00:37
Payments company Square turned in a solid quarter, but its shares are just too expensive.
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Are Fear Levels At an All Time Low?

Forbes - 4 Aug 2017 00:27
Are Fear Levels At an All Time Low? Apple just released earnings and is at all time highs, driving the Dow over 22k. That said, the VIX is at multi decade lows, and VIX ETFs are depressed. Traders need to know the differences between leveraged and traditio...
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Market roundup | Funds are losing their appetite for gold Gold demand falls 10% in June quarter. In other news, diesel refining margins rise quarter-on-quarter, global air cargo growth hits seven-year high
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Rupee seen continuing to rise on the back of FPI inflows, dollar weakness On Thursday, the rupee closed at 63.69 a dollar, one paise higher than the previous close and its highest level since 22 July 2015
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Heart-Felt Buys: 6 Cardiac Opportunities

Forbes - 3 Aug 2017 22:05
Heart-Felt Buys: 6 Cardiac Opportunities Six biotech companies developing treatment and monitoring of heart disease are investing ideas that five advisors highlight.
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What To Expect From CBS' Q2 Earnings

Forbes - 3 Aug 2017 21:45
What To Expect From CBS' Q2 Earnings CBS Corporation is scheduled to announce its second quarter results on Monday, August 7. This note provides a brief look at what to watch for.
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No Cure in Sight for Teva

Wall Street Journal - 3 Aug 2017 21:23
Don't be fooled by the low valuation. Teva Pharmaceutical Industries is a dangerous stock to own.
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Cognizant outstrips Infosys, TCS after activist shareholder's push Cognizant results show June quarter revenue grew 8.9% year-on-year in dollar terms compared to growth of 5.2% in the case of TCS and 6% for Infosys
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WannaCry-linked bitcoin wallets have been emptied, analysts say The three bitcoin wallets that are linked to the WannaCry malware were emptied out on Thursday morning, analysts have confirmed
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Govt sells 6.83% stake in Hindustan Copper, garners Rs400 crore The government has disinvested 6.83% stake in Hindustan Copper Ltd (HCL), which would fetch around Rs400 crore to the exchequer
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Groupon's Stock Rallies On The Back Of Solid Results, Positive Outlook Groupon announced its second quarter results on Wednesday, August 2, reporting an 8% year-over-year decline in net revenue to $663 million. While revenues were down, the company reported a 4% increase in gross profit to ...
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Time Warner Beats Q2 Estimates On Growth In Subscriptions, Strong Studio Performance Time Warner Inc (NASDAQ: TWX) reported better-than-expected second quarter results, as both its earnings and revenue beat consensus estimates. In this note we highlight the key takeaways from the earnings release
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Symantec's Growth Continues With Strong Q1 Results Symantec announced its fiscal first quarter 2018 earnings on August 2, reporting a nearly 40% year-on-year increase in revenues to $1.2 billion.
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A Ferrari SUV? Investors Should Hope So

Wall Street Journal - 3 Aug 2017 17:58
Ferrari is speeding toward a fork in the road. It shouldn't hesitate to take the more ambitious path.
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Intel Stock Continues to Make Bullish Strides

Profit Confidential - 3 Aug 2017 17:16
INTC Stock: Geared Towards Higher Stock Prices Watching Intel Corporation (NASDAQ:INTC) stock has been frustrating, to say the least. This frustration stems from the stock's inability to gain any traction as the equity m...
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5 No-Brainer Investing Tips For Your 20s

Forbes - 3 Aug 2017 17:15
5 No-Brainer Investing Tips For Your 20s Starting young is crucial to building a nest egg that will put retirement, on your terms, within reach.
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Gold prices extend loss on weak global cues

livemint.com - 3 Aug 2017 16:44
Gold prices extend loss on weak global cues Standard gold prices dropped by Rs30 to end at Rs28,400 per 10 grams from Wednesday's closing level
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What Is Bitcoin Cash? Bitcoin (BTC) has officially split. In what is called a "hard fork," the most famous and largest cryptocurrency by market cap has spawned an entirely new and competing coin called Bitcoin Cash (BCH)...
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3 Rules For Navigating This Bond Bubble Safely Let's review three key rules that will help us navigate this budding bond bubble.
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Bank of England keeps rates on hold, lowers growth forecasts Bank of England says it expects Britain's economy to grow by 1.7% this year, down from its May forecast of 1.9%; it shaved its growth forecast for next year to 1.6% from 1.7%
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Eight Tips For Protecting Yourself Against Unexpected Downturns Members of Forbes Finance Council discuss smart investment planning in a volatile market.
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