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Market News

Location American Market News for 29 November 2017
Bitcoin 'Odds-On' To Be Accepted By McDonald's At End Of 2018, But Could It Break $20,000? With Bitcoin's price breaking the $11,000 mark and soaring higher - up some 50% since the CME announced in October that will offer futures trading in the cryptocurrency - bookmaker Betway is offering odds on the 'Big Dad...
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Verisign's stock price has increased by around 40% so far in 2017, despite a comparatively marginal jump in its top line and bottom line performance, which is a testament of its prime position in the highly regulated .co...
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For FATCA Repeal, It's Now Or Never

Forbes - 29 Nov 2017 22:46
For FATCA Repeal, It's Now Or Never Politics is about leverage, and the pending tax reform effort is a prime example. Republicans hold a narrow majority over the Democrats in the Senate, 52 to 48, meaning they can't afford to lose more than two senators. O...
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Electronic Arts recently abandoned one of its key monetization strategies for its new Star Wars Battlefront II game due to
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BlackRock recently announced that it has signed a definitive agreement with Citigroup to acquire the asset management arm of the latter's subsidiary in Mexico, Citibanamex. The deal is expected to be finalized in the sec...
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Bitcoin Breaks Through $11,000, Hitting Fresh, All-Time High Bitcoin has climbed above $11,000, but can its rally continue?
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Bitcoin Breaks Through $11,000, Hitting Latest All-Time High Bitcoin has climbed above $11,000, but can its rally continue?
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Boston Scientific's Cardiovascular segment accounts for around 40% of the company's value, according to our estimates.
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In addition to strong revenue growth in recent years, Sina has also managed its operating expenses to enhance the impact of growing revenues on net cash profits. While its research and development costs remain substantia...
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VMware is scheduled to announce its Q3 earnings on Thursday, November 30. The virtualization and cloud computing provider has demonstrating strength in its business this year, with fast-growing segments such as network v...
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Bitcoin Might Be A' Bubble' But Digital Currencies Are Not The development and success of digital currencies are not tied to Bitcoin but rather are part of a broader technological movement. Digital currencies will continue to be a driving force in an increasingly digitalized wor...
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Shell's Gift to Investors Could Prove Premature

Wall Street Journal - 29 Nov 2017 19:37
Shell is finally scrapping its much-hated scrip-dividend program, with its accompanying shareholder dilution. Great news--but a closer look at the company's financials and strategy raises some questions.
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F5 Networks Is A Value Stock In High-Flying Tech Sector Unlike many unprofitable tech firms whose stocks have outperformed, the stock of this high-ROIC tech firm has lagged significantly over the past year. A strong competitive position and recent roll-out of new products mak...
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Why Tax Cut Winners are Losing

Wall Street Journal - 29 Nov 2017 18:46
Many of the stocks that would benefit the most from a tax cut have fallen out of favor with growth-obsessed investors.
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Heads Roll at LSE and the Timing Is Terrible

Wall Street Journal - 29 Nov 2017 18:41
The fight to keep Xavier Rolet as chief executive of the London Stock Exchange is over, but that doesn't mean its problems are too.
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Bitcoin haters don't get its gold-like qualities, says Goldman Sachs The volatility in Bitcoin price that has sparked investor concern stems mainly from the cryptocurrency's lack of liquidity, says Jeff Currie of Goldman Sachs
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Nasdaq is said to plan bitcoin futures next year, joining biggest rivals Nasdaq is the third major US stock exchange after CME Group and Cboe Global Markets to attempt to dive into the red-hot bitcoin market
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Katy Perry wants to know what Warren Buffett thinks of bitcoin Katy Perry posted a photo on Instagram with Warren Buffet, with the caption enquiring about cryptocurrency such as bitcoin
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Tax Law Changes Could Chill Solar, Wind Investments Lower corporate taxes as proposed in congressional tax bills could make renewable power projects in the US more difficult to finance.
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DLF plans Rs3,500 crore QIP, board meet on 1 December Real estate firm DLF will use the proceeds from the qualified institutional placement (QIP) will be used to cut its net debt
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Chipotle Is On The Hunt For A New CEO As Turnaround Stalls The Mexican chain is still grappling with the fallout from a string of food safety issues.
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5 Cheap Funds For 10% Yields And Big Gains In 2018 If you're a contrarian investor, you know that the market loves to overreact--and that mass hysteria can hand you some nice profits.
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