Market News
U.S. SEC Stops 'Munching' Munchee's ICO After Reg Concerns Raised
Forbes - 13 Dec 2017 03:06
As the U.S. Securities and Exchange Commission (SEC) halts an initial coin offering (ICO) in San Francisco-based Munchee Inc., a blockchain-based food review service that sought to raise $15 million, SEC Chairman Clayton...
Causeway International Value Fund Gains 3 New Holdings In 3rd Quarter
Forbes - 13 Dec 2017 23:57
Fund divests 2 other positions
The Fed Gets It Right, for Now
Wall Street Journal - 13 Dec 2017 23:39
The biggest shock about the Federal Reserve this year is it got its prediction of interest-rate increases right. The danger for investors in 2018 is the Fed will get it wrong and rates will end up higher than expected.
How Comcast's Cable TV Business Has Been Bucking Industry Trends
Forbes - 13 Dec 2017 22:24
Comcast has managed to drive growth in its Cable TV segment despite intense competition and secular pressures facing the industry. The company has managed to stem subscriber losses while steadily increasing its fees.
What Is The Potential Upside To Accenture's Outsourcing Business?
Forbes - 13 Dec 2017 22:13
Accenture faces competition in the outsourcing space, from firms offering lower rates and advancements in technology such as chatbots and Artificial Intelligence. As a result, Accenture has been fortifying its outsourcin...
Barclays, Deutsche Bank Reduce Asset Bases To Improve Core Capital Ratios
Forbes - 13 Dec 2017 22:09
The largest European banks have seen their profits improve over recent quarters thanks to a strong economic outlook, as most of the fears related to the unexpected Brexit vote last year have largely been put to rest.
US Fed goes for 25 bps rate hike in Janet Yellen's last policy meeting
livemint.com - 13 Dec 2017 21:11
The US Federal Reserve also raised its forecast for economic growth in 2018, even as it stuck with a projection for three hikes in the coming year
An Overview Of Cisco's 2017 Performance
Forbes - 13 Dec 2017 21:04
Cisco has reported a decline in revenues this year, driven largely by low core product sales. The networking giant is facing pricing pressure for standalone hardware, resulting in low product revenues and compressing gro...
Fed Raises Rates For Third Time In 2017 As U.S. Economy Chugs Along
Forbes - 13 Dec 2017 21:02
At the conclusion of the Federal Open Market Committee's two-day meeting, policymakers hiked the benchmark interest rate from 1.25% to 1.5%.
Bitcoin Mania Comes to the Stock Market
Wall Street Journal - 13 Dec 2017 20:01
Investors are flinging cash at The Crypto Company because bitcoin is going up. At its peak on Monday, Crypto was worth more than a quarter of the companies in the S&P 500.
Steinhoff's Sleepy Board Needs Clearing Out
Wall Street Journal - 13 Dec 2017 19:35
More heads need to roll if Steinhoff International is to regain credibility after its accounting scandal. The situation can't be resolved by the regime that failed to spot it.
Why Dish Network Needs To Roll Out Services For Its Spectrum Holdings
Forbes - 13 Dec 2017 19:28
In March this year, Dish Network raised $1 billion in debt to finance wireless and spectrum-related strategic transactions. In July, reports surfaced that Dish Network and Amazon could partner to set up a narrow band Int...
How Much Could Deutsche Bank Potentially Pay To Acquire Commerzbank?
Forbes - 13 Dec 2017 19:18
With U.S. private equity group Cerberus acquiring a 3% stake in Deutsche Bank last month, rumors about a Deutsche Bank-Commerzbank merger have picked up steam once again, as Cerberus is also one of the largest shareholde...
Ripple Price Surges 84% In A Day To New Record High. Is XRP The Next Crypto Rocket 'To The Moon'?
Forbes - 13 Dec 2017 18:07
Ripple seizes the #4 spot with $18B market cap.
5 Reasons Why The Litecoin Price Is Going Up So Fast. Will The LTC Surge Continue?
Forbes - 13 Dec 2017 17:42
The LTC price is way higher than it was last week--here's why.
Canada's $255 billion fund says India stressed assets are costly
livemint.com - 13 Dec 2017 16:41
Canada Pension Plan Investment Board finds the pricing in India high from a risk-return basis
Next Orbit Ventures to invest $2 billion in India's semiconductor industries
livemint.com - 13 Dec 2017 16:08
Next Orbit Ventures says around $1.5 billion for the fund will be raised from the region, while the remaining $500 million has been secured from a consortium of investors
Honeywell ups sales forecast, predicts earnings at top of range
CNBC - 13 Dec 2017 15:44
Honeywell forecast its fourth-quarter earnings at the top of its previous guidance and raised its forecast for both quarterly and full-year 2017 sales.
3 Top Monthly Dividend Stocks For 2018 - And 1 To Avoid
Forbes - 13 Dec 2017 15:37Lilly forecasts 2018 profit and revenue largely above estimates
CNBC - 13 Dec 2017 15:25
Eli Lilly forecast 2018 earnings and revenue largely above estimates in part due to strong demand for diabetes drug Trulicity and psoriasis drug Taltz.