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Market News

Location American Market News for 19 October 2017

For a Profitable Tech Stock That's Still Cheap, Look to Taiwan

Wall Street Journal - 19 Oct 2017 12:58
TSMC stands to benefit from the hottest tech trends, from new smartphones to cryptocurrencies.
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Stitch Fix, With Nearly $1 Billion In Sales, Files For An IPO The clothing subscription company plans to list its stock on the Nasdaq.
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It's the first time that wearables have been mentioned in a Verizon conference call in the past five years.
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Flailing Retailers Need To Learn To 'Sell The Hole' Traditional retailers product-centricity has caused them to lose sight of how customers' wants and needs have evolved. Product is important, but creating an intensely relevant and remarkable experience is what will allow...
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Commodities Trading Hurt Goldman In Q3, But The Bank's Retail Banking Bets Are Promising One thing that is clear from Goldman Sachs' Q3 results is that it is time for the investment bank to stop thinking of its commodities trading unit as the money-minting machine it was before the downturn.
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Key Takeaways From Verizon's Q3 Results

Forbes - 19 Oct 2017 20:22
Verizon published its Q3 2017 results on Thursday, October 19, beating market expectations driven by recent acquisitions and continued momentum in its postpaid wireless business. In this note, we provide a brief overview...
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Network infrastructure giant Ericsson is expected to publish its third quarter results on October 20, reporting on a quarter that is likely to have seen the company cut operating costs, as the wireless infrastructure mar...
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Qualcomm recently announced that it had completed its first test of 5G connectivity on a mobile device. While 5G trials are still underway with standards yet to be finalized, the development indicates that Qualcomm is in...
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T-Mobile U.S., the third-largest U.S. wireless carrier, is expected to publish its third quarter results early next week, reporting on a quarter that saw significant competition in the wireless market. Here we take a loo...
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MongoDB's IPO Gives New York Tech A Much-Needed Win As Shares Jump 25% Database company MongoDB has given the NY tech scene an exit to celebrate, at least for one day. On its first day of trading, CEO Dev Ittycheria talks to Forbes about why MongoDB's IPO resonated with investors.
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Chenault's Unfinished Business at AmEx

Wall Street Journal - 19 Oct 2017 18:04
American Express CEO Ken Chenault is going out on a high note, but his successor will have to contend with fundamental questions about the company's business.
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George Costanza And The 1987 Crash

Forbes - 19 Oct 2017 17:54
George Costanza And The 1987 Crash Today's environment seems to me to be the same situation under a different name. "Algorithmic Trading," "High-Frequency Trading" and all that money concentrated in index funds has created a combination of itchy trigger f...
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Muhurat trading: Sensex closes lower in first trading session of Samvat 2074 Banking stocks led the fall in the Sensex as participants booked profits during muhurat trading, brokers said
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Ex-Div Reminder for Alpine Total Dynamic Dividend Fund Alpine Total Dynamic Dividend Fund (NYSE: AOD) will trade ex-dividend, for its monthly dividend of $0.0575, payable on 10/31/17
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Cash Dividend On The Way From Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund (NYSE: AWP) will trade ex-dividend, for its monthly dividend of $0.05, payable on 10/31/17.
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Ex-Dividend Reminder: Invitation Homes, Apogee Enterprises and A. Schulman Invitation Homes Inc will pay its quarterly dividend of $0.08 on 11/7/17, Apogee Enterprises Inc will pay its quarterly dividend of $0.14 on 11/8/17, and A. Schulman, Inc. will pay its quarterly dividend of $0.205 on 11/...
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Ex-Dividend Reminder: Thor Industries, CVS Health and Starwood Waypoint Homes Thor Industries, Inc. will pay its quarterly dividend of $0.37 on 11/7/17, CVS Health Corporation will pay its quarterly dividend of $0.50 on 11/3/17, and Starwood Waypoint Homes will pay its quarterly dividend of $0.11 ...
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Unilever Cost-Cutting Turns Out to Be Twisty Path to Profits

Wall Street Journal - 19 Oct 2017 15:45
The Anglo-Dutch consumer giant has been hit by upstart competitors like ice-cream brand Halo Top, as brand-building is a less predictable business than it used to be.
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Japanese motorsport fans -- get ready to see a lot more of Jenson Button.
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Dr. Copper Needs Lessons in Chinese Medicine

Wall Street Journal - 19 Oct 2017 14:18
Copper is testing three-year highs and the Dow has just broken 23000. Is global growth about to go through the roof? Unlikely: take a closer look at China.
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Box Stacks Up its Cloud Gains

Wall Street Journal - 19 Oct 2017 14:17
Young tech companies like to move fast and break things, but humbled upstart Box has discovered the value of taking things slow and steady.
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CFPB Has Helped Return $750 Million To Student Loan Borrowers Since 2011 Since 2011, the CFPB has helped return over $750 million to student loan borrowers. Here's why.
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