Market News
50 Cent Realized He Has Millions In Bitcoin From Before It Was Cool
Forbes - 25 Jan 2018 03:10
The rapper, actor, and entrepreneur recently discovered that crypto-sales for his 2014 album are worth over $7 million -- for now, anyway.
The Strong Case for Health-Care Spinoffs
Wall Street Journal - 25 Jan 2018 12:30
Spinoffs and asset sales may benefit shareholders more than chasing growth in a frenzied health-care deals market
Rupee opens higher against US dollar
livemint.com - 25 Jan 2018 05:58
At 9.15am, the rupee was trading at 63.49 a dollar, up 0.30% from its Wednesday's close of 63.69
Starbucks sales fall short as holiday drinks flop, shares down nearly 5%
CNBC - 25 Jan 2018 23:00
Starbucks is set to report fiscal first quarter earnings after the closing bell on Thursday.
Intel stock rises on earnings beat, security concerns no issue for investors
CNBC - 25 Jan 2018 22:45
Intel beat expectations for the fourth quarter of 2017 amid scrutiny around the handling of the Meltdown and Spectre security vulnerabilities.
How Changes In Local Ad Market Share Can Impact Yelp's Value
Forbes - 25 Jan 2018 22:38
Yelp is the largest local ad business in the U.S. According to the company, local ad spending in the U.S. is estimated at around around $150 billion, and the company estimates that there are over 20 million local busines...
How A Lower Effective Tax Rate Will Impact Adobe's Stock Price
Forbes - 25 Jan 2018 22:32
Adobe recently announced that the new tax reform will lower company's effective tax rate for 2018 and beyond. As a result, the stock price for the company rallied by nearly 3.5% on Tuesday.
Tony Mitchell Sells Lending Club, Buys Twitter
Forbes - 25 Jan 2018 22:23
After a year like 2017, managers who performed well have to make adjustments so their portfolios don't cross the line between fully valued and over valued. Recently, Tony Mitchell sold Lending Club and bought Twitter.
How U.S. Solar Tariffs Could Impact SunPower
Forbes - 25 Jan 2018 21:38
Earlier this week, the Trump administration approved tariffs as high as 30% on imported solar panels and cells to the United States. The tariffs will be in effect for four years, declining in increments of 5%, starting f...
What To Expect From Colgate-Palmolive's Q4 Earnings
Forbes - 25 Jan 2018 21:33
Colgate Palmolive (NYSE: CL) is scheduled to announce its fiscal fourth quarter results on Friday, January 26. In the first nine months of 2017, Colgate's net sales were up 1% year-over-year (y-o-y), as volume declines o...
The Key Trends From F5 Networks' Q1
Forbes - 25 Jan 2018 21:25
F5 Networks announced its fiscal Q1 earnings on January 24, reporting a 2% annual increase in revenues to $523 million. Similar to previous quarters, most of the company's revenue growth (6%) came from the Services segme...
US 'weak dollar' remarks raise policy question, says ECB chief Mario Draghi
livemint.com - 25 Jan 2018 20:14
Mario Draghi says ECB never targets a currency but US remark may force the central bank to change its policy
Remember When Trump Was Supposed To Sink The Stock Market?
Forbes - 25 Jan 2018 20:11
Boy did economist Paul Krugman fail. The market is booming. Here is a look at where investors think there is room for even more boom.
American, Southwest Post 4Q Profits; Airline Execs Seek To Calm Investors' Fear Of A New Fare War
Forbes - 25 Jan 2018 18:57
Seeking to calm market jitters over a potential fare war American CEO Doug Parker touted his airline's ability to earn significant profits in 2017, and likely again in 2018 profits - despite a 40% increase in fuel prices...
Stellar Climbs Close To 20% As Positive News Extends Gains
Forbes - 25 Jan 2018 17:25
What caused Stellar to continue rising today?
An End To NAFTA May Not Be As Painful For Canada As Some Have Feared
Forbes - 25 Jan 2018 16:56
Canada is fighting hard to preserve the North American Free Trade Agreement, but thanks to some well-timed trade deals with Asian and European nations, the pain may be less than expected if NAFTA were to go away.
LIC Mutual Fund launches daily SIP scheme for investors
livemint.com - 25 Jan 2018 16:40Activist Investors In It for the Long-Term---Just Kidding
Wall Street Journal - 25 Jan 2018 16:24
Activist investors who broke up the $15 billion Clariant-Huntsman merger promised a long-term approach to creating value. Three months later, they've sold.
Newell cuts 2018 forecasts, says it's exploring strategic options for some of its assets
CNBC - 25 Jan 2018 16:19
Sharpie pen maker Newell Brands said it is exploring strategic options for some of its assets.
Analyst predicts FANG stocks earnings 'party' next week after Netflix's great start
CNBC - 25 Jan 2018 16:10
GBH Insights recommends Amazon, Alphabet and Facebook shares, predicting strong earnings results from the companies.
Bond Investors Take Ever More Risk---With Ever Less Protection
Wall Street Journal - 25 Jan 2018 15:21
As junk-bond issuance has surged in Asia, the quality of investor-protecting bond covenants has plunged.