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Market News

Location American Market News for 12 January 2018

Bank on JPMorgan, Not Wells

Wall Street Journal - 12 Jan 2018 23:56
Fourth-quarter results for two of America's largest banks highlight JPMorgan Chase's resilience and Wells Fargo's continued befuddlement..
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Ford Beats Tesla

Forbes - 12 Jan 2018 23:31
Ford Beats Tesla Ford's and Tesla's Fortunes are changing.
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In The Economic Sweet Spot: Why A Downturn Could Be Years Away Where are we in the economic cycle? Some investors are worried about an impending losing streak, but we've actually entered the economic "sweet spot."
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RBI releases draft on hedging of commodity price risk in overseas markets RBI has proposed to introduce a facility of hedging indirect price risk for select metals apart for allowing eligible companies to hedge their direct exposure
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Here's Why Store Expansion Is Crucial For Starbucks' Valuation Starbucks is expanding aggressively, especially in China, but the company has been grappling with slowing comparable sales growth at its existing stores. Based on its 2017 fiscal year results, the company has revised its...
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Top 30 Tech Exits To Watch In 2018

Forbes - 12 Jan 2018 20:42
Mergermarket's annual prediction of which venture capital-backed companies are most likely to exit in the next 12 months.
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The Trefis price estimate for Twitter's stock was recently revised from $16 to $23, a change of around 40%. The company is focusing on acquiring more users for its platform and rolling out new video content and formats.
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Venezuela Is In A 'Limbo Default'

Forbes - 12 Jan 2018 20:38
Venezuela Is In A 'Limbo Default' Venezuela's no default default. Hard to see what saves it from an actual one as bondholders begin to organize.
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Infosys delivers a steady performance

livemint.com - 12 Jan 2018 20:32
Infosys delivers a steady performance Infosys profit margins this year have more or less converged with that of TCS this year, compared to a difference of as much as 570 basis points about three years ago
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How Changes To The U.S. Tax Code Could Impact AT&T And Verizon The U.S. government recently passed one of the biggest changes to the tax code in decades, as it seeks to increase investments and economic growth. Under the new tax bill, the corporate tax rate will be lowered to 21% fr...
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Cushing's Toudouze On Why Active MLP Investing Matters Libby Toudouze, Portfolio Manager, Cushing Asset Management speaks with Julie Cooling, Founder & CEO, RIA Channel on the growth and outlook of U.S. energy infrastructure markets, MLPs, and opportunities for 2018.
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It's A Green Day For Crypto

Forbes - 12 Jan 2018 18:49
It's A Green Day For Crypto Will South Korea ban crypto trading?
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India INX daily trading turnover crosses Rs2,100 crore mark Indian INX says this is the highest volume recorded by the exchange since inception, accounting for 70% of the total trading volumes in Gift City
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Why 2018 Might Be A Good Year For Stocks

Forbes - 12 Jan 2018 18:20
Why 2018 Might Be A Good Year For Stocks The market looks healthy as we move into 2018, but with such a long bull run, remember that a sell-off could come at any time
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Top Women Advisors' Best Stock Picks For 2018 What are the top stock picks for 2018 from advisors who happen to be women? We asked eight contributors to MoneyShow.com. Their answers may surprise you.
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Tencent sells $5 billion bond, drawing comparisons with Alibaba The Tencent bonds are rated A2 by Moody's Investors Service, one level below Alibaba's notes
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Booming Markets Help BlackRock Cross $6 Trillion Mark, Strong Economy Bolsters JPMorgan Profits Booming stock markets are leading to record profits at BlackRock. The same can't be said for Wall Street giants like JPMorgan, where profits are being carried by ordinary banking activity and the Federal Reserve, not tra...
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A Place Where Stocks Still Have Reason to Rally

Wall Street Journal - 12 Jan 2018 16:56
The breadth of the global economic growth pickup is lifting even longstanding laggards. European stocks are a case in point--but the potential for catch-up remains appealing.
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Why Gucci Owner Wants to Kick Off Its Pumas

Wall Street Journal - 12 Jan 2018 16:35
Luxury group Kering is seizing the chance to offload Puma at a price that just about covers its purchase cost 11 years ago.
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Wells Fargo was expected to report fourth-quarter earnings of $1.07 per share on revenue of $22.38 billion, according to analysts surveyed by Reuters.
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How To Earn 20%+ From Safe Bonds In 2018

Forbes - 12 Jan 2018 15:40
How To Earn 20%+ From Safe Bonds In 2018 No safe bond pays 10% itself, of course. But it is possible to generate double-digit yields from a portfolio of secure bonds.
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Apollo Micro Systems IPO subscribed 246.64 times on last day The Apollo Micro Systems IPO to raise Rs156 crore received bids for 1,022,296,950 shares against the total issue size of 4,144,955 shares
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