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Market News

Location American Market News for 12 December 2017
Settling a dispute over the planned sale of Toshiba's memory-chip business will give both companies more firepower to invest as industry competition intensifies.
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The Surprising Truth About Bonds And Interest Rates I've been getting a lot of emails from readers worried about how closed-end funds (CEFs)--especially bond-oriented closed-end funds--will perform next year, when the Federal Reserve raises interest rates.
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Pegasystems Stock Price Not Reflective Of Deteriorating Fundamentals This stock's valuation has not adjusted to reflect new competitive pressures or the rapidly deteriorating fundamentals.
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Corporate Tax Cuts Could Drive 20% Upside To Charles Schwab's Valuation Charles Schwab has performed strongly over the past five years, with annual revenue growth of around 10%. With a majority of its operations in the U.S., which has one of the highest corporate tax rates globally, the comp...
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Shareholder Payouts, Trading Performance Weighing On U.S. Banks' Capital Ratios A sharp reduction in volatility in the U.S. capital markets hurt trading revenues across the industry over the last two quarters - resulting in a notable decline in earnings for the banks that rely more on securities tra...
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Earlier this year, AT&T won a 25-year contract from FirstNet to build and run a broadband network that will cater to first responders including police officers, firefighters, and emergency medical services in the United ...
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Sebi's G. Mahalingam cautions on redemption pressures in mutual funds G. Mahalingam says the rush to withdraw money from mutual funds when stocks fall may put redemption pressure on fund houses
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Costco To Benefit From Positive Sales Momentum In The U.S. In Q1 Costco is scheduled to announce its fiscal first quarter results on Thursday, December 14. The company reported a mixed fiscal 2017, as both its earnings per share and revenue estimates missed market expectations in the ...
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Oracle Earnings Preview: Cloud-Based Segments To Continue To Drive Growth Oracle is scheduled to announce its Q2 fiscal 2018 results on Thursday, December 14. The company has reported a solid set of results in recent quarters, primarily driven by strong demand for cloud services.
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Ethereum Surges 35% In 24 Hours, Crosses $600 Mark Not one to be left out, Ethereum has joined Bitcoin and Litecoin in a big year-end market push.
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Adobe's Revenues Set To Grow In Q4

Forbes - 12 Dec 2017 19:22
Adobe is set to announce its Q4 results on Thursday, December 14. In Q3, the company reported 26% growth in revenues to $1.84 billion, which was above its guidance range.
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The Jobs Report Misled You, Job & Wage Growth Are Actually Decelerating Looking ahead, 2018 should be another year for growth. So I look around and ask, what could endanger that? I think the biggest risk is central bank policy error.
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Apple recently confirmed that it is acquiring Shazam for a reported $400 million. Apple stands to benefit in multiple ways from the deal, which could tie into its broader augmented reality and artificial intelligence tec...
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Litecoin Rally Continues, Crypto Up More Than 7,500% Year-To-Date Litecoin keeps pushing higher, but what is fueling this sharp rally?
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Oil tops $65, first time since 2015, on UK pipeline outage Oil rose above $65 a barrel for the first time since mid-2015 following a shutdown of the UK's biggest North Sea oil pipeline, which helps set the benchmark for global prices
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Litecoin Rockets Ahead With A 73%, 7-Hour Bull Run -- Hitting 9023% Growth Year-To-Date Well, Litecoin is officially having its "To the Moon" moment. Will it head toward Mars or crash land on Earth?
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Alternatives Rising: California's Three Bell Capital Three Bell Capital ranked #1 on the Top 100 Emerging Wealth Management Firms by RIA Channel.
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Bitcoin is capturing lots of attention, but the sustainable, scalable entrepreneurial opportunities in financial networks can be seen in India's Aadhaar
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Cryptocurrency exchanges Coinbase, Bitfinex down

livemint.com - 12 Dec 2017 17:35
Cryptocurrency exchanges Coinbase, Bitfinex down Cryptocurrency exchange Coinbase's website showed 'service unavailable' early Tuesday, flashing a message that said it was down for maintenance
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Sebi may reduce IPO listing time to four days: Chairman Ajay Tyagi Sebi has already reduced the IPO listing time from the seven days in the past to six ays after the close of the bidding
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Mall Operator Westfield Sells Itself For $15.7 Billion The deal brings together two of the world's biggest mall operators at a time when online shopping has put significant pressure on brick-and-mortar retailers.
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Verizon will leave its earnings "plateau" behind in 2018 thanks to its new over-the-top deal, according to Nomura.
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