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Market News

Location American Market News for 13 November 2017
Crypto Craze: Ethereum May Not Be A Bubble Despite 3,700% Explosion If it is a bubble, it's still a far cry from the magnitude of the dot-com crash. As massive as the cryptocurrency market is at nearly $192 billion strong globally, it pales in comparison to the tech bubble, which erased ...
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General Electric Slashes Its Dividend 50% As CEO Flannery Resets Ailing Conglomerate General Electric is slashing its dividend 50% as new CEO John Flannery comes clean about the conglomerate's woeful performance and its unrealistic investor forecasts.
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SoftBank's Uber Deal Shows Doubts About Ride-Hailing

Wall Street Journal - 13 Nov 2017 13:18
The Japanese company's $10 billion investment effectively lowers Uber's value. It may still be overpaying.
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Chinese Eye Alternative Funerals As Graveyard Prices Skyrocket Many coastal cities offer subsidies and free boat rides for residents willing to bury their loved ones at sea, while inland provinces like Jiangxi and Shaanxi are pushing people to try tree and flower burials, where vege...
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AMD GPU Executive Is Joining Intel, Here's Why That Is Significant The head of AMD's graphics business unit, Raja Kudori, recently joined Intel's newly formed Core and Visual Computing group, which will focus on developing high end graphics solutions. This is something that Intel has no...
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As China Takes Center Stage In The World, It May Be Time To Buy Chinese Stocks China is on its way to further superpower status, and a place where substantial profits are going to be made, despite the role of the government in the economy.
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Intuitive Surgical's Stock Rally Mostly Justified, But May Be Overdone Intuitive Surgical's stock has jumped more than 2x in the last couple of years, and the year 2017 has been especially strong. While we think that the fundamentals justify the stock surge in large part, the current price ...
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Why Qualcomm Said No to Broadcom

Wall Street Journal - 13 Nov 2017 21:56
The proposed deal between Qualcomm and Broadcom poses substantial risks, and analysts think Broadcom can easily go higher.
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GE's Dividend Cut Doesn't Mean What You Think

Wall Street Journal - 13 Nov 2017 21:54
Investors think smaller payouts mean lower earnings, but what they get is more volatility in profits.
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Six More Warren Buffett Buys, Including Southwest Airlines We asked a half-dozen top advisors for stock picks that Warren Buffett likes. Their answers may surprise you.
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Opec sees evidence of oil market moving to balance

livemint.com - 13 Nov 2017 21:09
Opec sees evidence of oil market moving to balance After hitting a 10-year low of less than $30 in January, down from a peak of more than $100 in mid-2014, oil prices have recently been hovering around the $55 mark
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What To Expect From Wal-Mart's Q3

Forbes - 13 Nov 2017 21:02
What To Expect From Wal-Mart's Q3 Wal-Mart is scheduled to announce its fiscal third quarter results on Thursday, November 16. The company reported better-than-expected fiscal second quarter results, as both its bottom line and revenue came in ahead of m...
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How Much Revenue Can Instagram Drive For Facebook In The Future? For the first time in its history, Facebook's ad revenues soared above $10 billion in a quarter. Most of the growth in revenues was driven by mobile ad revenues, which now contribute over 88% of revenues
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Can Target Keep Beating Expectations In Q3?

Forbes - 13 Nov 2017 20:48
Can Target Keep Beating Expectations In Q3? Target (NYSE: TGT) is scheduled to announce its fiscal third quarter results on Wednesday, November 15. The company had a better-than-expected first half of fiscal 2017, with the company beating earnings per share estima...
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Singles' Day 2017 Highlights Alibaba's Intent To Become Global Leader Alibaba had yet another record breaking Singles' Day on Saturday, reporting sales of over RMB 168 billion ($25.3 billion), which was over 40% higher than the Singles' Day last year.
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What Will 2018 Hold For The Markets?

Forbes - 13 Nov 2017 18:51
What Will 2018 Hold For The Markets? What lies ahead for the markets? Commonwealth CIO Brad McMillan warns that, even if growth continues, 2018 is going to be more challenging than 2017.
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A Chinese Engine Maker And 3 Other Bargain Stocks Value pioneer Ben Graham liked to buy stocks selling for book value or less. These four stocks fit the bill.
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Banks need clarity on default disclosure : Sebi

livemint.com - 13 Nov 2017 18:26
Banks need clarity on default disclosure : Sebi Sebi says banks needed clarity on the types of defaults that would require disclosure, depending on the kind of loan availed by companies
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January 2020 Options Now Available For Alphabet Investors in Alphabet Inc (NASD: GOOG) saw new options begin trading today, for the January 2020 expiration.
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Seven Islands Shipping IPO gets Sebi approval

livemint.com - 13 Nov 2017 17:54
Seven Islands Shipping IPO gets Sebi approval Seven Islands Shipping IPO comprises fresh issue of shares worth Rs200 crore, besides a sale of shares worth Rs250 crore by Wayzata Investment Partners and promoters
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Bitcoin's Rollercoaster Price Volatility Doesn't Mean Much I am not surprised nor dismayed by the Bitcoin crash--this is the volatility you'd expect from a revolution, the kind of volatility that has been missing from equities for years.
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Tyson Foods reported higher earnings and revenue on Monday, beating analysts' estimates, on strong demand for chicken and beef and lower costs to buy animal feed.
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