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Market News

Location American Market News for 26 October 2017

Storms Force Insurers to Pay Up for Protection

Wall Street Journal - 26 Oct 2017 17:44
The reinsurance industry looks like it will get a modest boost following the wave of natural disasters this year, but primary insurers may get squeezed.
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Earnings Preview: What To Expect From Alphabet On Thursday Alphabet is expected to report earnings of $8.43/share on $21.94 billion in revenue. Meanwhile, the so-called Whisper number is $8.30.
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Bank recapitalisation plan may lure FIIs back to Indian markets Concerns over growth likely to ease as optimism builds that the government's $32 billion recapitalisation plan will fill the hole in capital that had curbed PSU banks' ability to lend
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Amid declining PC shipments, Intel has highlighted opportunities in artifical intelligence and cloud.
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Microsoft shares up after earnings beat

CNBC - 26 Oct 2017 22:08
Microsoft exceeded its self-imposed goal of a $20 billion annualized revenue run rate for commercial cloud, which includes Azure and Office 365.
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Google parent Alphabet has seen Class A shares rise about 25 percent this year.
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Amazon reported its third quarter results after the bell Thursday.
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Top Buys by Directors: Rose's $998.9K Bet on AT&T So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $998.9K by Matthew K. Rose, Director at AT&T Inc (NYSE: T).
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Russia's Incredibly Shrinking Banking Sector Russia's zombie banks will be taken out, one by one.
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According to a report from The Wall Street Journal, Tesla has reached an agreement with the Shanghai government to set up a wholly owned manufacturing unit in China, a first for a foreign automotive company.
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The market is punishing stocks that miss more than it used to, and it is not rewarding stocks that beat as it used to.
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F5 Networks: Weakness In Core Product Sales Continues To Weigh On Profits F5 Networks announced its fiscal Q4 earnings on Wednesday, October 25, reporting a 2% annual increase in revenues to $538 million. Similar to previous quarters, most of the company's revenue growth (6%) came from the ser...
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Key Takeaways From Nokia's Q3 Results

Forbes - 26 Oct 2017 18:55
Nokia published its Q3 results on Thursday, October 25, reporting weaker than expected sales in its core networks business, although its overall operating profits rose on account of some one-time licensing revenues. In t...
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What To Expect From Colgate-Palmolive's Q3 Earnings Colgate Palmolive (NYSE: CL) is scheduled to announce its fiscal third quarter results on Friday, October 27. The company reported weaker-than-expected fiscal second quarter earnings, as its earnings per share came in li...
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Sprint published its Q2 2017 results on Wednesday, October 25, reporting a stronger than expected set of earnings driven by its recent postpaid and prepaid phone subscriber gains and aggressive cost-cutting.
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Earlier this year he took to the track at the Indianapolis Motor Speedway. In 2018, Formula One star Fernando Alonso will try to conquer Daytona.
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HDFC Standard Life IPO's price band fixed at Rs275-290 per share At the upper price band, HDFC Standard Life IPO will fetch promoters HDFC and Standard Life Mauritius Rs8,695 crore while at the lower end, they will get Rs8,245 crore
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LogMeIn has surprised analysts each quarter for the past eight years, according to Bespoke Investment Group.
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The European Central Bank opened the door to exiting extraordinary monetary policy but is still a long way from going through it
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How To Make Money When Value Investing Comes Back Value investing, beloved of Warren Buffett, is on the outs now but will come back. Here's how to make money from that pending switch.
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Celgene's Health Scare Is a Wake Up Call for Biotechs

Wall Street Journal - 26 Oct 2017 17:02
Celgene shareholders got some chilling news Thursday morning, sending its shares plunging 18% when trading opened--the stock's worst decline in more than a decade.
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Ex-Dividend Reminder: Kinder Morgan, Enterprise Products Partners and Genesis Energy Kinder Morgan Inc. will pay its quarterly dividend of $0.125 on 11/15/17, Enterprise Products Partners L.P. will pay its quarterly dividend of $0.4225 on 11/7/17, and Genesis Energy L.P. will pay its quarterly dividend o...
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