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Market News

Location American Market News for 10 August 2017
Lampix's Augmented Reality 'Crypto' Crowdfund Scores $4.5M, Targets $60M US-based Lampix, which transforms any flat surface into a smart surface using machine learning and computer vision with Bloomberg among its clients, has so far raised $4.5m in a crowdfund towards a $60m goal to build the...
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Earlier on Thursday, retail rivals Kohl's, Macy's and Dillard's delivered second-quarter earnings ahead of Nordstrom.
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News Corp reported quarterly earnings that beat and revenue that missed analysts' expectations on Thursday.
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BlackRock On American Political Landscape: 'Don't Panic...Yet' In spite of Trump, there is less stress in the markets today than there was when Trump was elected. So it's better...right?
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Volatility at five-month high as markets fall for fourth straight session The India volatility index (Vix) rose to a five-month high on Thursday, indicating that investor confidence is taking a hit as share prices retreat from record highs
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Early investments need a lot of management bandwidth: Rajesh Kamat Rajesh Kamat, managing director of Emerald Media, says stable government and growing economy have boosted investor confidence in India
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Market roundup | China's yuan becomes an unlikely high-yield haven The yuan is the best performer among 31 major peers since Friday. In other news, UK likely to dodge recession, markets unsure of US-N. Korea tensions
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What Global Markets are Waiting for: A Sign on Inflation

Wall Street Journal - 10 Aug 2017 22:34
After an oil-inspired surge in headline inflation in the first half of 2017, the data in the second half will be vital for investors seeking insight into whether central bank words will become actions.
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Key Takeaways From Fox's Q4 Earnings

Forbes - 10 Aug 2017 21:52
Key Takeaways From Fox's Q4 Earnings 21st Century Fox reported mixed fiscal fourth quarter results, as its earnings came in ahead of market expectations but revenues missed. The company's overall revenue increased 2% year-over-year (y-0-y) to $6.7 billion
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U.S. Investment Banking Giants Generated More Than $2.5 Billion In Advisory Fees In Q2 The five largest U.S investment banks reported $2.55 billion in M&A advisory fees in Q2 2017 - making it the best quarter for the banks in this regard since Q4 2015.
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Data Growth Drives China Mobile's First Half Results China Mobile, China's largest wireless carrier, published its first half 2017 interim results on Thursday, August 10, reporting reasonably strong service revenue growth, driven by its recent wireless and wireline broadba...
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NSE alerts market entities against malacious software script NSE alerted market entities to guard against a 'malacious software script' that targets critical sectors like energy and finance to steal information from computers
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Up Next On The Venezuela Front, Slapping PDVSA With Sanctions? If Maduro stays, PDVSA goes belly up.
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Glencore Bets Heavy on an Electric Car Future

Wall Street Journal - 10 Aug 2017 19:03
Glencore is betting that being in the "right" commodities for a battery and electric car dominated future is more important than big cash payouts now.
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Jim Brilliant: The CM Advisors Fixed Income Fund (NASDAQ: CMFIX) is a total return bond fund. We primarily invest in U.S. securities where we think we will have above average appreciation. We're not only looking at the i...
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Single Family Rental Leaders Invitation Homes, Starwood Waypoint Homes To Combine The combined company will own 82,000 homes in 17 markets and be valued at approximately $11 billion.
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Former Lehman Brothers Trader: Unpredictable Government Actions Make It Smart to Hold Gold "Remember, gold is not a trade that's ever going to make you happy... I hate to say it, but it's a hedge, it's an insurance policy. You just do it."
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Why Tech Stocks Are "Win-Win" Situations

Profit Confidential - 10 Aug 2017 17:53
"Technology made large populations possible; large populations now make technology indispensable." - Joseph Krutch These young geniuses pocket enormous sums of money by solving seemingly intractable problems. Rather than...
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RadNet Stock Is All Set for an Epic Advance

Profit Confidential - 10 Aug 2017 17:23
RDNT Stock: The Fuse Is Lit, and Fireworks Can Be Expected It brings me great pleasure to provide my views on RadNet Inc. (NASDAQ:RDNT) stock. As of late, I have been enamored with the healthcare space because the stocks...
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Blue Apron shares plummet after the company says it's encountering unexpected costs for opening a new facility.
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Altice-Charter Chatter May Be Just Talk

Wall Street Journal - 10 Aug 2017 17:04
How would European cable billionaire Patrick Drahi fund a bid for Charter Communications? It's the obvious question -- but perhaps it misses the point.
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Macy's newly appointed CEO, Jeff Gennette, has said he's focused on ending a two-year streak of negative comparable sales.
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