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Market News

Location American Market News for 9 August 2017

The Latest Victim of Falling Drug Prices

Wall Street Journal - 9 Aug 2017 19:05
As promised, the Food and Drug Administration is bringing in more competition to the drug business. That means more pain for generic drug manufacturers.
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What's Behind Ripple Cryptocurrency Price? While most headlines in the cryptocurrency space involve Bitcoin or Ethereum, an increasing number of investors are thinking about investing in Ripple, the bank-focused blockcha...
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My No. 1 Rule For 13% Yearly Gains For Life If you're worried that you'll struggle to profit from stocks for the next few years, you shouldn't. There are still plenty of outsized gains waiting to be had--and today I'm going to show you exactly how to get in on the...
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Despite Qdoba's Improvement, Higher Labor And Commodity Costs Hit Jack In The Box Margins Qdoba posted better-than-expected third quarter same-store sales Wednesday, but the meager gains were not enough for Jack in the Box, its parent company, which missed Wall Street expectations with its third quarter earni...
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CEO Heather Bresch clarified on a call with investors that delaying Advair's launch to 2018 was due to the Food and Drug Administration reorganizing.
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New India Assurance files for IPO

livemint.com - 10 Aug 2017 00:35
New India Assurance files for IPO The New India Assurance IPO will see a total stake sale of 14.56%, where government will sell 96 million shares and the company 24 million shares
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A Reason to Cheer at OPEC

Wall Street Journal - 9 Aug 2017 22:29
Crude stockpiles are down, yes, but what may really please oil exporters is the oil futures curve.
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Earnings Preview: What To Expect From Kohl's On Thursday Kohl's is expected to earn $1.18/share on $4.11 billion in revenue. Meanwhile, the so-called Whisper number is $1.21.
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AT&T's proposed $85 billion acquisition of Time Warner is increasingly looking like a done deal. The acquisition is likely in the final stages of the review process with the U.S. Justice Department, and both companies ha...
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A Closer Look At VMware's R&D Budget

Forbes - 9 Aug 2017 21:44
A Closer Look At VMware's R&D Budget VMware has been one of the fastest-growing software companies this decade, with the company commanding a sizable share of the virtualization market.
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Netflix's stock has soared in the past month as the company posted better than expected growth in the international market, and witnessed over 53% growth in international streaming revenues in Q2 2017.
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Apple's Services Business Is Growing Like The 'FANG' Stocks, Should It Be Valued Like One? Apple's Services business has also seen robust growth, emerging as the company's second largest segment in terms of revenue. Apple's Services revenues grew by 21% in calendar year 2016 to over $25 billion, making it almo...
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Sebi gives suspected shell companies a chance to be heard Sebi issues a second communique to stock exchanges, asking them to look at the tax returns and financials of the suspected shell companies for the past 3 years
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Wary Of FANG Stocks? Meet TRUE Sectors

Forbes - 9 Aug 2017 19:54
Wary Of FANG Stocks? Meet TRUE Sectors Dividend income investors have their own version of FANG. The difference is that they are stock sectors, they consist of many stocks that have been around since even before the internet, and they pay competitive dividend...
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BlackRock's New Large Cap Managers Off To A Rocky Start In April, BlackRock replaced the managers of 3 Large Cap funds. The new managers are off to a rocky start as all three funds have underperformed the S&P 500 since the change. It is time to consider alternatives.
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Disney's Decision To Ditch Netflix Met With Hope And Skepticism On Wall Street The media and entertainment giant is trying to control its own destiny in an era of cord-cutting.
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New India Assurance files DRHP with Sebi

livemint.com - 9 Aug 2017 18:59
New India Assurance files DRHP with Sebi New India Assurance files draft red herring prospectus (DRHP) for public listing before Sebi, a total of 12 crore shares to be sold through the sale offer
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Ten Years On, the Crisis Still Looms Large

Wall Street Journal - 9 Aug 2017 18:33
The fear of renewed trouble has never been far away since August 2007. The prevailing tone is one of worry about the high level of asset prices, concern about the low level of volatility and a fear of complacency.
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Tesla Model 3 News Tesla Inc (NASDAQ:TSLA) is one of the most divisive companies on the planet. Whereas some see world-changing tech and a genius entrepreneur at the helm in Elon Musk, others see an overhyped vehicle tha...
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U.S. burger chain Wendy's reported better-than-expected quarterly profit and sales, helped by higher franchise revenue.
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Credit Card Surcharges: A Tale of Two Countries Find out how the United States and Great Britain differ in their approaches to credit card surcharges, and how the opposing mentalities affect consumers.
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Case Study in How to Blow It as an iPhone Supplier

Wall Street Journal - 9 Aug 2017 17:12
Japan Display has squandered its opportunity to be Japan's national champion in supplying smartphone screens to the likes of Apple.
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