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Market News

Location American Market News for 16 January 2018
Violent Crime Has Fallen In Border States With Legal Cannabis: Study A new study suggests that legalized cannabis may be reducing violence in states that border Mexico, where U.S.-bound drug traffic has caused countless deaths and raised trillions for cartels.
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Ripple Has Dropped More Than 65% From Record High What fueled XRP's recent losses?
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These 9.7%+ Dividends Are Perfect For 2018

Forbes - 16 Jan 2018 15:41
These 9.7%+ Dividends Are Perfect For 2018 What if I told you that you could reap huge dividends and quick upside from ... the weather?
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Fear the Unknown at General Electric

Wall Street Journal - 16 Jan 2018 23:38
GE's nasty surprise raises deeper fears about the company and doubts about whether a breakup would preserve value for investors.
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What To Expect From IBM's Q4

Forbes - 16 Jan 2018 22:47
What To Expect From IBM's Q4 IBM is set to report its Q4 2017 earnings on January 18th. In this note we discuss what to expect from the earnings release.
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Litecoin Has Plunged 50% From Its All-Time High What caused Litecoin to plummet?
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Wal-Mart (NYSE: WMT) recently announced that it will be closing 63 Sam's Club locations and potentially laying off thousands of employees. This was an unexpected move, as many workers were not given much notice.
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What To Watch For In Charles Schwab's Q4 Earnings Charles Schwab has had an impressive year so far. With three quarters reported, the brokerage's revenue growth year to date has been nearly 16% and we expect this trend to continue when the company reports its fourth qua...
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How To Trade 7 Global Averages That Set New Highs The Dow Jones Industrial Average, S&P 500, Nasdaq Composite, Dow Transports and Russell 2000 set fresh all-time intraday highs on Jan. 16.
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Bitcoin, Along With Other Cryptocurrencies, Collapse Over Crackdown Concerns The threat of new regulation has sent Bitcoin and other cryptocurrencies tumbling.
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2 Dividend Stocks You Should Buy In February This article looks at two terrific dividend shares that could gallop higher next month.
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Amber Enterprises IPO: Rs178.71 crore raised from anchor investors Shares were allocated to 15 investors at Rs859 apiece, the upper end of the price band of Rs855-859 for the Amber Enterprises IPO
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UnitedHealth Cashes In on Tax Cut

Wall Street Journal - 16 Jan 2018 20:12
Tax reform lived up to the hype for health insurers, as industry bellwether UnitedHealth reported higher-than-expected revenue in the fourth quarter and raised its forecast for 2018 by 17%.
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Dow Jones hits 26,000 milestone as earnings optimism feeds rally Gains in companies from Boeing to Caterpillar lifted Dow Jones past the round-number milestone just 12 calendar days since it topped 25,000
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IBM could face complications because of recently passed tax reform legislation, Bernstein analysts say.
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Robert Frazier Raises Facebook's Target Price to $215 Facebook's newsfeed changes have scared short-term investors out of the stock. But Robert Frazer says new revenue streams and higher cost per click justify raising his 12 month target price to $215.
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Where Banks and Tech Are Going Head to Head

Wall Street Journal - 16 Jan 2018 17:54
New rules in Europe have opened a battleground between big tech and big banks over who will control consumers' wallets.
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IBM Forges Global Joint Venture With Maersk Applying Blockchain To 'Digitize' Global Trade IBM - aka 'Big Blue' - is to form a global joint venture with the world's largest container ship operator, A.P. Moller-Maersk, to apply Blockchain technology in a drive to "digitize" global trade, estimated to be worth a...
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Newgen Software IPO receives 19% subscription on Day 1 The Newgen Software IPO, which aims to raise Rs425 crore, received bids for 23.16 lakh shares out of 1.22 crore shares, registering a subscription of 19%
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Merrill Lynch arm sells Airtel shares worth Rs1,931 crore Merrill Lynch Markets Singapore sold 3.87 crore shares, amounting to 0.97% stake, in Bharti Airtel at an average price of Rs499.1 per share
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Economic growth to boost gold demand: WGC

livemint.com - 16 Jan 2018 15:57
Economic growth to boost gold demand: WGC In India, WGC believes that after their initial implementation shock, policies such as the demonetisation initiative and the new GST will start to have a positive effect on the economy
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Bonds slide as RBI says banks must manage own interest rate risk Indian sovereign bonds and rupee tumbled after Viral Acharya warned banks they can't keep relying on RBI to manage their interest rate risks
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