Market News
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.
Ripple Price Forecast: Factors Suggest XRP Cryptocurrency Could Hit $1
Profit Confidential - 9 Aug 2017 18:07
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...
My No. 1 Rule For 13% Yearly Gains For Life
Forbes - 9 Aug 2017 16:34
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...
Despite Qdoba's Improvement, Higher Labor And Commodity Costs Hit Jack In The Box Margins
Forbes - 10 Aug 2017 01:23
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...
Mylan stock bounces back from early losses after CEO blames FDA for drug delays
CNBC - 10 Aug 2017 01:13
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.
New India Assurance files for IPO
livemint.com - 10 Aug 2017 00:35
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
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.
Earnings Preview: What To Expect From Kohl's On Thursday
Forbes - 9 Aug 2017 22:03
Kohl's is expected to earn $1.18/share on $4.11 billion in revenue. Meanwhile, the so-called Whisper number is $1.21.
AT&T's Time Warner Deal Looking Likely, Will It Be A Catalyst For The Stock?
Forbes - 9 Aug 2017 21:55
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...
A Closer Look At VMware's R&D Budget
Forbes - 9 Aug 2017 21:44
VMware has been one of the fastest-growing software companies this decade, with the company commanding a sizable share of the virtualization market.
Why We Revised Our Price Estimate For Netflix To $170
Forbes - 9 Aug 2017 21:24
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.
Apple's Services Business Is Growing Like The 'FANG' Stocks, Should It Be Valued Like One?
Forbes - 9 Aug 2017 21:14
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...
Sebi gives suspected shell companies a chance to be heard
livemint.com - 9 Aug 2017 21:04
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
Wary Of FANG Stocks? Meet TRUE Sectors
Forbes - 9 Aug 2017 19:54
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...
BlackRock's New Large Cap Managers Off To A Rocky Start
Forbes - 9 Aug 2017 19:37
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.
Disney's Decision To Ditch Netflix Met With Hope And Skepticism On Wall Street
Forbes - 9 Aug 2017 19:18
The media and entertainment giant is trying to control its own destiny in an era of cord-cutting.
New India Assurance files DRHP with Sebi
livemint.com - 9 Aug 2017 18:59
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
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.
Tesla Stock in the Next Three Months Is in for Big Gains, No Matter What David Einhorn Says
Profit Confidential - 9 Aug 2017 18:27
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...
Wendy's serves up profit beat as franchising plan pays off
CNBC - 9 Aug 2017 18:20
U.S. burger chain Wendy's reported better-than-expected quarterly profit and sales, helped by higher franchise revenue.
Credit Card Surcharges: A Tale of Two Countries
Forbes - 9 Aug 2017 17:14
Find out how the United States and Great Britain differ in their approaches to credit card surcharges, and how the opposing mentalities affect consumers.
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.