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Market News

Location American Market News for 31 October 2017
Austin-based Century Management value investors release portfolio
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Do Tech's Upside Surprises Spell Trouble?

Forbes - 31 Oct 2017 23:32
Do Tech's Upside Surprises Spell Trouble? I'm scared by the Street's earnings, lowballs embracing technology's biggest hitters. There should be dozens of red faces among analysts covering the top 10 market capitalizations in the S&P 500 Index, specifically, Inte...
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Sensex logs best monthly gain since March 2016

livemint.com - 31 Oct 2017 23:02
Sensex logs best monthly gain since March 2016 Sensex and Nifty rose 6.17% and 5.59% respectively in October, posting their highest monthly gains since March 2016 and June 2017
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While the market is largely expecting the company to beat its earnings expectations, some have a more bearish outlook.
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What To Expect From AIG's Q3 Earnings

Forbes - 31 Oct 2017 20:05
AIG (NYSE: AIG) is scheduled to report earnings for the third quarter on Thursday, November 2. The company has struggled somewhat over the last few quarters due to high catastrophe losses in the Property and Casualty bus...
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Why CVS Is Reportedly Interested In Aetna

Forbes - 31 Oct 2017 19:44
After posting a better than expected performance in its Q2 earnings, and introducing vending kiosks to boost its sales even further, CVS Health may be on its way to making a larger move that would grow its business signi...
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Move Over Pork Bellies: CME Group To Begin Trading Bitcoin Futures Exchange giant CME Group will begin trading bitcoin futures this quarter. CME CEO Terry Duffy said the move will "provide investors with transparency, price discovery and risk transfer capabilities" in the bitcoin market...
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What To Expect From Honda's Q2

Forbes - 31 Oct 2017 19:33
What To Expect From Honda's Q2 Honda Motors will report its Q2 2018 results on November 1, and we expect unfavorable currency fluctuations and increased expenditures to impact its profitability.
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NAFTA Exit Way Worse For Mexico Than U.S.

Forbes - 31 Oct 2017 19:26
NAFTA Exit Way Worse For Mexico Than U.S. Mexico will be in trouble if Trump pulls the plug on this decades-old trade arrangement between the three, interlocked North American economies.
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Key Takeaways From China Telecom's Results

Forbes - 31 Oct 2017 19:11
China Telecom, the smallest of the three Chinese wireless carriers, published its financial results for the first three quarters of 2017 on October 27, reporting year-over-year growth that was driven by its expanding hig...
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Groupon's Profits Likely To Soar Despite Limited Top Line Growth Groupon is scheduled to announce its Q3 2017 earnings on November 1. In recent quarters, Groupon has been exiting certain low-performing international markets, due to which it reported a decline in revenues.
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Yelp is set to report its Q3 results on November 1. The company's revenue has seen improvement on the back of improved monetization rates in its local ad business. Furthermore, the user base for its mobile app continues ...
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Top Internet Manager Sticks With Twitter

Forbes - 31 Oct 2017 18:41
Top Internet Manager Sticks With Twitter Twitter, down 70% from its peak in 2013 before last week's earnings call, has been one of the larger positions in Tony Mitchell's internet fund. After Twitter's earnings report last week, I asked Tony about this position...
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The Wild Card in This $66 Billion Health-Care Deal

Wall Street Journal - 31 Oct 2017 18:06
Long-term investors tend not to put much weight on daily share price gyrations. CVS Health shareholders don't have that luxury.
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The Remarkable History Of 4th Quarters In The Stock Market I have come to realize over the years that there are some aspects of investing and investment evaluation that are unlikely to change. Thank human nature for that. Of course, the long-term in anything is made up of a seri...
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Bitcoin futures could open to floodgates of institutional money Bitcoin jumped as much as 4.1% to $6,351 after CME Group said it will start offering trading the derivatives in the fourth quarter
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Gold prices end lower, silver extends gain in Mumbai

livemint.com - 31 Oct 2017 16:50
Gold prices end lower, silver extends gain in Mumbai Standard gold (99.5 purity) eased by Rs5 to close at Rs29,235 per 10 grams from Monday's level of Rs29,240 in Mumbai
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The Magnitude Of Job Loss We Will See In The Next 20 Years Is Staggering In the next 20 years, we will see more change and improvement than we've seen in the last hundred.
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Ex-Dividend Reminder: Unilever, Lamb Weston Holdings and CMS Energy Unilever plc will pay its quarterly dividend of $0.4217 on 12/13/17, Lamb Weston Holdings Inc will pay its quarterly dividend of $0.1875 on 12/1/17, and CMS Energy Corp will pay its quarterly dividend of $0.3325 on 11/30...
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Cheniere Energy Partners Ex-Dividend Reminder - 11/2/17 on 11/2/17, Cheniere Energy Partners L P (AMEX: CQP) will trade ex-dividend, for its quarterly dividend of $0.44, payable on 11/14/17.
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Ex-Dividend Reminder: Apple Hospitality REIT, Boston Private Financial Holdings and Wells Fargo Apple Hospitality REIT Inc will pay its monthly dividend of $0.10 on 11/15/17, Boston Private Financial Holdings, Inc. will pay its quarterly dividend of $0.11 on 11/17/17, and Wells Fargo & Co. will pay its quarterly di...
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Ex-Dividend Reminder: Norfolk Southern, J.B. Hunt Transport Services and Eaton Norfolk Southern Corp. will pay its quarterly dividend of $0.61 on 12/11/17, J.B. Hunt Transport Services, Inc. will pay its quarterly dividend of $0.23 on 11/17/17, and Eaton Corp plc will pay its quarterly dividend of ...
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