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Market News

Location American Market News for 20 December 2017
Bitcoin Cash Surges To Fresh, All-Time High Above $3,000 Bitcoin just hit an all-time high above $3,000, but what fueled its sharp rally?
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Why Citigroup's Loan Charge-Off Rates Are More Than Double U.S. Industry Average Charge-off rates across U.S. commercial banks fell to a low of 0.41% in 2015 due to a combination of upbeat economic conditions and a release in loan provisions from the elevated levels they were at in the wake of the ec...
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Based on Adobe's guidance for 2018 and favorable trends, we have revised our price estimate for the stock from $145 to $178, which is slightly ahead of the current market price.
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AT&T Is Handing Out $1,000 Bonuses To Its Employees After Tax Bill Passes It also reiterated its promise to invest $1 billion in the U.S. in 2018 if the bill is signed into law.
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Bitcoin Cash Up 80% In 24 Hours

Forbes - 20 Dec 2017 22:01
Bitcoin Cash Up 80% In 24 Hours Bitcoin Cash spiked 80% in 24 hours, but what drove this increase?
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Sebi is tightening its enforcement system: Ajay Tyagi Sebi is also working on tweaking certain regulations to make them simpler
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Who's Next As London Stock Exchange's CEO After Chairman Wins Hedge Fund Showdown? After a London Stock Exchange EGM sees a shareholder resolution brought by Sir Chris Hohn's TCI hedge fund defeated, which had called for "removal" of the bourse's chairman Donald Brydon, the question now turns to who wi...
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In this note, we discuss the challenges that Dish Network will likely face in its efforts to meaningfully improve its pay-TV revenues in the coming years.
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Earlier this week, the Federal Reserve and the FDIC cleared the resolution plan for each of the eight largest U.S. banks - making this the first time since the annual process was introduced as a part of the Dodd-Frank Ac...
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Last week, China Mobile , the world's largest wireless carrier in terms of subscribers, launched a mobile phone service called CMLink in the United Kingdom, marking the first time the company has introduced services outs...
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Key Takeaways From Micron's Q1 Earnings

Forbes - 20 Dec 2017 21:16
Building on its strong growth momentum over the last few quarters, Micron reported record revenue and earnings for Q1 to start fiscal 2018 on a high note.
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Many retailers are pointing to a holiday shopping season that hasn't been this strong in years.
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Is Your Investment Manager In The Closet?

Forbes - 20 Dec 2017 20:42
Is Your Investment Manager In The Closet? Here are three metrics to determine if your money manager is a closet indexer.
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Risky Plan to Keep London as Europe's Financial Hub

Wall Street Journal - 20 Dec 2017 20:03
London's position as Europe's financial center after Brexit is definitely under threat. The Bank of England is doing its bit to protect its status, but risks leaving itself at the back of the queue when banks get into tr...
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RBI may be holding back Rs2,000 notes, says SBI report The SBI Ecoflash report says the RBI has printed 16,957 million pieces of Rs500 notes and 3,654 million pieces of Rs2,000 notes as on 8 December, 2017
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Bitcoin Cash (BCH) Price Hits Record High, Resuming Action On Coinbase Post-Insider Trading Probe Bitcoin Cash is back in action on Coinbase--and moving.
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The Bear Case For XRP: Bitcoin Futures Edition A crypto hedge fund manager presents the bear case for XRP in light of the recent launch of Bitcoin futures on the CBOE and CME.
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10 Chinese Stocks For Alpha Seekers

Forbes - 20 Dec 2017 15:43
10 Chinese Stocks For Alpha Seekers Bitcoin isn't the only opportunity coming from China. Here are ten stocks that rate highly on screen's based on legendary investor strategies.
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3 Great Retirement Investments - And 3 Ticking Time Bombs To Avoid Today we're going to talk about the single biggest risk you face in your golden years. But don't worry--I'll also show you how to clobber that risk and set yourself up for an easy $40,000 in cash for every year of your r...
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Pay Off Your Student Loans Faster In 2018

Forbes - 20 Dec 2017 15:02
Pay Off Your Student Loans Faster In 2018 Here are 5 tips to pay off your student loans faster.
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One trader is betting on a big bounce for oil, thanks to what he sees in the charts.
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BlackBerry posted a 24.9 percent quarterly revenue decline on Wednesday, but beat expectations as its enterprise software and licensing sales grew.
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