Market News
Gap soars after better-than-expected profit forecast, same-store sales
CNBC - 18 Aug 2017 00:49
The company also said its quarterly net income more than doubled and raised its full-year earnings forecast.
Target Beats Q2 Estimates On Growth In Comparable Sales, Raises Guidance
Forbes - 17 Aug 2017 22:42
Target's (NYSE: TGT) stock rose slightly after the announcement of better-than-expected second quarter results, as both its revenue and earnings per share came in ahead of market expectations. In Q2, its revenue increase...
Why We Revised Our Price Estimate For Facebook's Stock To $165
Forbes - 17 Aug 2017 22:40
Facebook's stock is up about 18% year-to-date and 22% in the last twelve months, driven by strong revenue growth in the first half of 2017, slightly offset by the company's expectations that revenue growth will slow down...
Cisco Reports Tepid Results With Sustained Revenue Declines Across Key Product Segments
Forbes - 17 Aug 2017 22:37
Cisco announced its Q4 fiscal year 2017 earnings on August 16, reporting a 4% decline in revenues to $12.1 billion. The decline in revenues was attributable to weakness across product segments, particularly the core swit...
China Unicom Posts Strong Profit Growth, Outlines Mixed-Ownership Reform Plans
Forbes - 17 Aug 2017 22:37
China Unicom saw strong earnings growth amid soaring mobile data consumption and a growing mix of 4G customers in the first half. It also formally announced its mixed ownership reforms.
Under Armour's Self-Inflicted Wound
Wall Street Journal - 17 Aug 2017 21:11
A love-hate triangle has ensnared Under Armour, Dick's Sporting Goods and Kohl's. The dynamic among the three companies shows how brands and retail chains are tripping over each other as they struggle to survive fierce c...
India's forex reserves may cross $400 billion in September: Morgan Stanley
livemint.com - 17 Aug 2017 20:30
If current pace of dollar accretion continues, India's forex reserves would hit $400 billion by the week to 8 September, says Morgan Stanley
Amid The Hunger And Riots, Only Bad News For Venezuela's Oil Industry
Forbes - 17 Aug 2017 20:23
Venezuela's oil industry is failing the country and its people, leaving millions of dollars in oil revenues in the ground. Here are the numbers.
Investing Matters: To Companies And Countries
Forbes - 17 Aug 2017 20:06
The value of a company or of an economy hinges on how successful its investments are in spurring growth. President Trump's policies will hurt the US in the long run.
Love notes by BofA consultant were insider tips, US prosecutors say
livemint.com - 17 Aug 2017 19:36
US prosecutors say the handwritten notes a Bank of America (BofA) technology consultant passed to his girlfriend were actually stock tips for her father
Srei Equipment Finance plans IPO, to go for 25% stake sale
livemint.com - 17 Aug 2017 19:08
Srei Equipment Finance Ltd (SEFL) CMD Hemant Kanoria says the funds raised via the IPO will help to achieve the growth objectives of the firm
OPEC's Sick Man, Venezuela Could Jolt Oil Market
Wall Street Journal - 17 Aug 2017 18:42
Venezuela's already falling oil production will get worse before it gets better, potentially roiling global energy markets.
Alibaba Cashes In on Data Trove
Wall Street Journal - 17 Aug 2017 18:40
Alibaba earnings are strong and shares are up 90% this year as the Chinese e-commerce giant leverages its trove of data to boost growth
Whoever Gets Appointed To The Fed, Expect Negative Rates And QE In The Next Crisis
Forbes - 17 Aug 2017 17:55
So when the next crisis hits, you can expect more QE and perhaps even negative rates.
Gold prices rebound on buying frenzy, silver zooms
livemint.com - 17 Aug 2017 17:20
Gold prices staged an impressive rebound after 2-day sell-off in Mumbai bullion market on the back of heavy demand from jewellers amid bullish overseas undertone
2 Reliable Dividend Growth "Buy Signals" For 24% Yearly Gains
Forbes - 17 Aug 2017 16:18
The best time to buy a dividend grower is usually anytime - if you're holding period is long enough, that is. But what if you don't have years to wait to get rich?
What French President Macron's Dispute With Chinese Trade Could Mean For Asia
Forbes - 17 Aug 2017 15:51
Former president François Hollande expanded France's ties with the Asia-Pacific. But will Emmanuel Macron now focus solely on China?
Wal-Mart beats, same-store sales climb as online purchases grow 60%
CNBC - 17 Aug 2017 15:31
As of Wednesday's market close, shares of Wal-Mart have climbed about 11 percent over the past 12 months.
Fernando Alonso may 'look outside F1'
CNN - 17 Aug 2017 15:28
Fernando Alonso has had plenty of time to ponder his future over Formula One's summer break, but as the 2017 season gets set to resume in Spa, decision day is fast approaching for the two-time world champion.
China's Alibaba outstrips revenue estimates with online sales growth
CNBC - 17 Aug 2017 15:24
Alibaba, China's largest e-commerce firm, reported first-quarter revenue above Wall Street estimates, helped by strength in the Chinese e-commerce market.
AMD Stock Is Laying the Foundation for Its Next Move
Profit Confidential - 17 Aug 2017 15:03
AMD Stock: Key Indicators Are Supporting the Notion of Higher Prices After a stellar 2016, which witnessed Advanced Micro Devices, Inc. (NASDAQ:AMD) stock appreciate to the tune of 295.12%, the performance this year has ...
These Pieces Are Essential in a Twilio Stock Bull Market
Profit Confidential - 17 Aug 2017 14:43
TWLO Stock: The Trigger That Will Confirm a Bottom Is in Place I have been watching Twilio Inc (NYSE:TWLO) stock for some time, and late last year, I started looking for indications that would signal that the stock has f...