Market News
Lampix's Augmented Reality 'Crypto' Crowdfund Scores $4.5M, Targets $60M
Forbes - 11 Aug 2017 00:44
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...
Nordstrom's stock pops as retailer delivers same-store sales growth
CNBC - 11 Aug 2017 01:49
Earlier on Thursday, retail rivals Kohl's, Macy's and Dillard's delivered second-quarter earnings ahead of Nordstrom.
News Corp beats earnings expectations, misses on revenue
CNBC - 11 Aug 2017 01:42
News Corp reported quarterly earnings that beat and revenue that missed analysts' expectations on Thursday.
BlackRock On American Political Landscape: 'Don't Panic...Yet'
Forbes - 11 Aug 2017 00:19
In spite of Trump, there is less stress in the markets today than there was when Trump was elected. So it's better...right?
Volatility at five-month high as markets fall for fourth straight session
livemint.com - 11 Aug 2017 00:11
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
Early investments need a lot of management bandwidth: Rajesh Kamat
livemint.com - 11 Aug 2017 00:07
Rajesh Kamat, managing director of Emerald Media, says stable government and growing economy have boosted investor confidence in India
Market roundup | China's yuan becomes an unlikely high-yield haven
livemint.com - 10 Aug 2017 23:49
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
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.
Key Takeaways From Fox's Q4 Earnings
Forbes - 10 Aug 2017 21:52
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
U.S. Investment Banking Giants Generated More Than $2.5 Billion In Advisory Fees In Q2
Forbes - 10 Aug 2017 21:46
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.
Data Growth Drives China Mobile's First Half Results
Forbes - 10 Aug 2017 21:44
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...
NSE alerts market entities against malacious software script
livemint.com - 10 Aug 2017 20:43
NSE alerted market entities to guard against a 'malacious software script' that targets critical sectors like energy and finance to steal information from computers
Up Next On The Venezuela Front, Slapping PDVSA With Sanctions?
Forbes - 10 Aug 2017 20:31
If Maduro stays, PDVSA goes belly up.
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.
Loading Up On Bonds Of Companies That Have Gotten Priced As If They're Never Going To Survive
Forbes - 10 Aug 2017 18:39
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...
Single Family Rental Leaders Invitation Homes, Starwood Waypoint Homes To Combine
Forbes - 10 Aug 2017 18:12
The combined company will own 82,000 homes in 17 markets and be valued at approximately $11 billion.
Former Lehman Brothers Trader: Unpredictable Government Actions Make It Smart to Hold Gold
Forbes - 10 Aug 2017 17:59
"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."
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...
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...
Blue Apron shares plummet as new facility start-up costs slash marketing spending
CNBC - 10 Aug 2017 17:23
Blue Apron shares plummet after the company says it's encountering unexpected costs for opening a new facility.
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.
Here's everything you need to know about Macy's earnings
CNBC - 10 Aug 2017 16:01
Macy's newly appointed CEO, Jeff Gennette, has said he's focused on ending a two-year streak of negative comparable sales.