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Market News

Location American Market News for 6 November 2017
Apple's Double Dipping Sets Stage For $250 Target Price No one has a better track record making money on Apple than Eugene Groysman, who in 2010 called for Apple to reach his split-adjusted target of $42. Eugene's 12 month target price is now $250.
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How Qualcomm Lost Its Magic

Forbes - 6 Nov 2017 01:36
How Qualcomm Lost Its Magic Qualcomm will be either sold to the highest bidder or broken up.
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Broadcom's Very Risky Bet on Qualcomm

Wall Street Journal - 6 Nov 2017 22:57
Broadcom's bold offer may not be enough to net Qualcomm, but time may not be on Qualcomm's side either.
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PepsiCo recently announced that it is partnering with Suntory Beverage & Food to set up a joint soft drink venture in Thailand, which should help the two companies expand their operations in the country.
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The company has seen strong growth, fueled by its business overseas.
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Six Buffett Bets And Why You May Like Them Too MoneyShow.com contributors outline why Warren Buffett likes these half-dozen stock picks that are attractive for other investors.
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Starwood Property Trust Passes Through 9% Yield Mark in trading on Monday, shares of Starwood Property Trust Inc. (NYSE: STWD) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.92), with the stock changing hands as low as $21.32 on the day.
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Amfi to ask Sebi to reconsider new mutual fund norms Fund houses are complaining that Sebi's mutual fund classification norms are limiting their ability to offer products and are likely to impact risk management
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Rising oil prices may take shine off Sensex, Nifty

livemint.com - 6 Nov 2017 20:35
Rising oil prices may take shine off Sensex, Nifty Risks of fiscal slippage, greater inflationary pressures and lower likelihood of an RBI rate cut in December prompt investors to review their positions
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Kate Spade Acquisition To Boost Coach's Sales But Pressure Margins Coach is set to announce its fiscal first quarter earnings on November 9, which will mark its first earnings since its name change to Tapestry Inc. was announced.
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TripAdvisor's Q3 Likely To Be Mixed

Forbes - 6 Nov 2017 20:05
TripAdvisor (NASDAQ: TRIP) is expected to release its Q3 2017 earnings results on November 7. The company's attempts to boost its performance have still not been especially successful post the introduction of its Instant...
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Sina Earnings Preview: Weibo Growth To Offset Slowdown In Portal Advertising SINA Corp is scheduled to announce its third quarter earnings on November 7. The Chinese internet company has reported strong growth in ad revenues over the past few quarters due to the increasing popularity and monetiza...
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Snap is expected to publish its Q3 2017 results on Tuesday, November 7, reporting on a quarter that saw the company take steps to bolster user engagement, while also doubling down on its programmatic advertising strategy...
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A Rare Bright Spot for Mylan

Wall Street Journal - 6 Nov 2017 19:19
Little has gone right for Mylan recently, so the company and its investors can be forgiven for embracing a new drug as its next engine for growth.
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Big Banks Need Single, Official Definition Of Fiduciary Differing definitions only add to the uncertainty and anxiety surrounding the debate over the Fiduciary Rule. Regulators need to put forward a unified definition of the fiduciary duty so that investors and advisors can h...
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Why Oil Stocks May Be The Best Way To Profit From The Renewable Energy Revolution The more power is generated, the cheaper it becomes.
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One Secret CEOs Don't Want You To Know

Forbes - 6 Nov 2017 17:39
One Secret CEOs Don't Want You To Know Shareholders deserve better disclosures from corporations. Let's start with more disclosures on how stock buybacks affect shareholders.
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How Markets Are Reacting To Saudi Arabia's Detentions To see what the world really thinks about recent events in Saudi Arabia, watch the muted response of global financial markets.
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Ex-Dividend Reminder: Sirius XM Holdings, TJX Companies and Entergy Sirius XM Holdings Inc will pay its quarterly dividend of $0.011 on 11/30/17, TJX Companies will pay its quarterly dividend of $0.3125 on 11/30/17, and Entergy Corp will pay its quarterly dividend of $0.89 on 12/1/17.
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Ex-Dividend Reminder: Zoetis, ResMed and Affiliated Managers Group Zoetis Inc will pay its quarterly dividend of $0.105 on 12/1/17, ResMed Inc. will pay its quarterly dividend of $0.35 on 12/14/17, and Affiliated Managers Group Inc. will pay its quarterly dividend of $0.20 on 11/22/17.
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Top Buys by Top Brass: CEO & President Cahillane's $998.9K Bet on Kellogg So in this series we look at the largest insider buys by the ''top brass'' over the trailing six month period, one of which was a total of $998.9K by Steven A. Cahillane, CEO & President at Kellogg Co (NYSE: K).
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Broadcom Makes $130 Billion Unsolicited Bid For Qualcomm The takeover would be the largest technology deal on record.
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