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Market News

Location American Market News for 20 November 2017
Bitcoin soars past $8,000 as technology shift concern vanishes Bitcoin tops $8,000 for the first time, as investors set aside technology concerns that had derailed its advance earlier this month
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Life Is Suddenly Looking Up for Toshiba

Wall Street Journal - 20 Nov 2017 10:19
After its $5.3 billion share sale, the world is suddenly a brighter place for Toshiba. If its deal to sell its memory-chip business fails, it could be brighter still.
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Shell companies: Sebi panel to look into complaints of errors in classification The Sebi sub-committee will help firms erroneously classified as shell companies make representations to the corporate affairs ministry for relief
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Why The Roadster Matters For Tesla

Forbes - 20 Nov 2017 21:56
Tesla had a surprise announcement in store during its Semi truck event held last week, unveiling an all-new version of the Roadster sports car. The vehicle boasts impressive performance, including a 0 to 60 acceleration ...
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NSE CEO Vikram Limaye: Large IPOs need to be more broad-based NSE's own IPO will happen only after issues surrounding allegations of providing unfair access to some stockbrokers to the bourse's algorithmic trading are resolved, says CEO Vikram Limaye
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Rex Jacobsen's Target Price For Nvidia Is $310 Rex Jacobsen, one of my managers, just set a $310 target price for Nvidia providing us with a good example to see if the wisdom of the crowd can improve our analysis. First, let's see why Rex is bullish on Nvidia. Then, ...
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In a bid to make the most of the rapidly growing robo-advisory industry, The Royal Bank of Scotland Group has begun offering its customers robo-advisory services through its NatWest Invest platform.
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What's A 'Law Company' and Why are Legal Consumers Embracing it? CLOC released a survey confirming the rise of what Liam Brown calls 'law companies.' No matter the name applied to them ('new law,' 'alternative providers,' etc.) law companies are becoming mainstream. This article explo...
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Get A Jump On These 5 January Rebound Stocks Investors often sell their losers in the fourth quarter, aiming to reduce their taxes. In the process, some stocks are punished too harshly and become prime candidates for a rebound in the new year. Here are five,
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Groupon's Stock Up 50% This Year, Price Estimate Revised To $4.50 In this note we take a look at why Groupon's stock price has surged this year, and why we revised our price estimate from $4 to $4.50. We also take a look at why we remain conservative with our estimate.
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HP Inc. is set to announce its fiscal Q4 results on Tuesday, November 21. While we expect the company to report an improvement in PC revenues as it continues to outperform the declining PC hardware industry, printer hard...
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Don't Sell Your Company's Private Jet Fleet Just Yet

Wall Street Journal - 20 Nov 2017 20:04
General Electric is cutting back on its executives using private jets, but in fact, judicious use of these symbols of privilege can boost company performance, a study finds.
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Marveling at Marvell Again

Wall Street Journal - 20 Nov 2017 20:03
Sometimes confused with the comic-book company that bears almost the same name, Marvell Technology has lately been pulling off some superheroic feats of its own.
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Axcelis Technologies Is Up 136% This Year; Aalok Devkota Is Selling Axcelis Technologies was already up 70% this year when Aalok Devkota added it to his portfolio in September at $24. A lot of people would have waited for a pullback before buying. It's a good thing Aalok didn't. The stoc...
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Kohl's Named Top Dividend Stock With Insider Buying and 5.04% Yield (KSS) So when stocks turn up that see insider buying, and are also top ranked, investors are wise to take notice. One such company is Kohl's Corp. (NYSE: KSS), which saw buying by Director Jonas Prising.
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Guess (NYSE: GES) is slated to release its Q3 fiscal 2018 earnings on Tuesday, November 21. The company is currently following a strategy of expanding its presence in Europe and Asia while moderating its presence in the ...
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Market Convinced A 'Trump Bump' 2.0 Is Set For 2018 Emerging markets will tend to benefit from greater liquidity, providing the Trump Administration finally gets a law passed after one year in office.
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We are increasing our price estimate for Apple from $166 per share to about $180 per share, to account for strong momentum in the iPhone business and a robust outlook for the company's services division. Our price estima...
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HPE's Revenues Set To Grow In Q4

Forbes - 20 Nov 2017 18:17
Hewlett-Packard Enterprise is set to release its fiscal Q4 2017 earnings on Tuesday, November 21. The company continues to focus on high-end enterprise hardware and customer services, and continues to build its core port...
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Wipro's Rs11,000 crore share buyback to begin from 29 November Wipro's share buyback scheme will begin on 29 November for Rs320 apiece, an 8.6% premium over the current share price
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The Crude but Effective Way to Gauge the Oil Market

Wall Street Journal - 20 Nov 2017 17:43
The widening discount of WTI to Brent crude seems odd now that the U.S. is an export juggernaut, but it explains a lot about the energy market.
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Get An Even Better Deal On LVS Than Director Jamieson Did Back on November 14, Las Vegas Sands Corp's Director, George Jamieson, invested $66,960.50 into 1,000 shares of LVS, for a cost per share of $66.96.
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