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Market News

Location American Market News for 1 November 2017
Tesla shares fell after the company posted a wider-than-expected loss as it spent heavily to ramp up Model 3 production.
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Tesla Drives Farther Off Course

Wall Street Journal - 1 Nov 2017 23:32
Tesla moved the goal posts again for its Model 3 and revealed a slowdown in its older luxury models, making Chief Executive Elon Musk's goals appear even less realistic.
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Bitcoin dips a toe into the mainstream

livemint.com - 1 Nov 2017 22:54
Bitcoin dips a toe into the mainstream The status of bitcoin as a legitimate financial asset may be rising even faster than its price
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Shake Shack shares soared 9 percent after it reported that same-store sales for the quarter were better than expected.
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Fake Meat, Non-Dairy Draw Hungry Investors

Forbes - 1 Nov 2017 21:49
Venture capitalists and big consumer goods companies can't afford to ignore Americans' penchant for healthier vegetarian substitutes.
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Qualcomm reported fourth quarter earnings and revenue after the bell on Wednesday.
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Bitcoin Reaches New High After Futures Announcement Bitcoin hit a fresh high following the CME futures announcement. What will Bitcoin do next?
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Earnings Preview: What To Expect From Starbucks On Thursday Starbucks is expected to report earnings of $0.55/share on $5.79 billion in revenue. Meanwhile, the so-called Whisper number is $0.56.
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Facebook reports blowout Q3 results but shares slip on 2018 expense forecast
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Earnings Preview: What To Expect From Apple On Thursday Apple is expected to report earnings of $1.87/share on $51.17 billion in revenue. Meanwhile, the so-called Whisper number is $1.93.
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Fed Stands Pat On Rates, Leaves Room For December Hike The Federal Reserve left rates unchanged at the close of its two-day meeting on Wednesday, but still left room for one additional rate hike before the year is over.
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3 Questions CEOs Never Get Asked During Earnings Calls But Should Companies like Goldman Sachs, Scania Group, Alstrom, and many others say that employees are their firm's greatest asset. Yet, we are deep into this quarter's earnings calls and I have yet to hear a single CEO discuss the...
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Key Takeaways From MasterCard's Q3

Forbes - 1 Nov 2017 19:45
In continuation with an impressive performance over the first half of the year, MasterCard (NYSE: MA) posted a strong Q3 on Tuesday, October 31. The company reported EPS growth of 24% on revenue growth of 18%.
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Sensex, Nifty hit record high on 'ease of doing business' boost India's jump in World Bank's ease of doing business rankings, hopes of economic growth recovery powered Sensex and Nifty to fresh record highs
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Pfizer's recently released Q3 results were above street estimates, led by higher than expected sales of Prevnar. The company also raised its full year earnings guidance to $2.54 - $2.62 per share.
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Alibaba Earnings: Strong Growth Expected Across Segments Alibaba is scheduled to announce its fiscal Q2 2018 earnings on November 2. The e-commerce giant has reported strong year-over-year growth in revenues across segments over the last few years, with recent acquisitions fur...
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CBS Q3 Earnings: What To Watch For

Forbes - 1 Nov 2017 19:25
CBS Q3 Earnings: What To Watch For CBS Corporation is scheduled to announce its third quarter results on Thursday, November 2. The company reported better-than-expected fiscal second quarter results, as its earnings and revenue came in ahead of analysts' ...
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SunPower is expected to publish its Q3 results on November 2, reporting on a quarter that saw robust panel demand both in the U.S. and globally. In this note, we take a look at what to expect when the company publishes i...
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We have increased our price estimate for First Solar from $49 per share to about $58 per share, which is about 5% ahead of the current market price. Our price revision is driven by the growth in the broader global solar ...
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Khadim India IPO: Rs157.5 crore raised from anchor investors Khadim shares were allocated to 13 investors at Rs750 apiece, the upper end of the price band of Rs745-750 for the IPO
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Facebook's targeted ads seen driving quarterly revenue 40 percent higher, though profit is rising more slowly as it spends more
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Shanghai Hasn't Got Time For Hard Landings

Forbes - 1 Nov 2017 18:48
Shanghai Hasn't Got Time For Hard Landings Dear Hard Landing Aficionados: wrong again. Shanghai-listed corporates see double-digit earnings growth. Combined revenues of Shanghai companies bigger than Russia, India and Brazil economies.
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