Market News
Sprint beats on quarterly revenue, raises outlook; shares jump
CNBC - 2 Feb 2018 16:33
Sprint Corp reported quarterly revenue that beat analyst estimates, and raised its free cash flow outlook for 2017.
Chevron shares slide as oil company appears to miss earnings estimates
CNBC - 2 Feb 2018 15:49
Share of Chevron fell in premarket trading after the oil giant reported earnings that appeared to miss expectations.
The Best Dividend Reinvestment Plans For 2018
Forbes - 2 Feb 2018 15:31
We asked Chuck Carlson for his top picks in dividend reinvestment plans among the 650 or so companies that offer this special service for shareholders. The editor of DRIP Investor and MoneyShow.com contributor answered w...
500-1,000 Point Moves, The New Normal On Wall Street?
Forbes - 2 Feb 2018 23:26
The world and the market has changed. It is important to note that on any given day the major indices can easily move 1-2%. Now, that the Dow is trading above 25k, a 1% move equals ~250 points.
Jeff Bezos Adds $3.1 Billion To Fortune As Amazon Investors Cheer Record Profits
Forbes - 2 Feb 2018 23:14
Shares of the e-commerce giant rose Friday after it hauled in a record $1.9 billion in profits in its latest quarter. The result? Bezos' net worth touched a new threshold.
Yahoo! Japan's Steady Revenue Growth Continues
Forbes - 2 Feb 2018 22:25
Yahoo Japan recently reported its fiscal Q3 results, and the company's revenues grew 4.3% year-over-year (y-o-y) to ¥230.77 billion ($2.1 billion). Furthermore, operating income grew by 2% y-o-y to ¥52.83 billion ($480...
Amazon Continues To Impress With Rapid Growth
Forbes - 2 Feb 2018 22:00
Amazon announced its fourth quarter results on February 1, reporting a 30% increase in net revenue to $60.5 billion for the quarter. The e-commerce giant has reported a strong period of growth in the last few years, driv...
Alibaba's Growth Across Segments Bodes Well For 2018
Forbes - 2 Feb 2018 21:45
Alibaba announced its fiscal Q3 earnings on February 1, reporting a massive 56% year-over-year growth in net revenue to RMB 83 billion. The e-commerce giant has reported strong year-over-year growth in revenues across se...
Apple's Pricier iPhones Drive Q1 Despite Shipment Shortfall
Forbes - 2 Feb 2018 21:39
Apple published its Q1 2018 results on Thursday, February 1, reporting a stronger than expected set of revenues and earnings, driven by higher average selling prices on its newest iPhones and a robust Services business. ...
No End in Sight for Amazon's Wild Ride
Wall Street Journal - 2 Feb 2018 20:33
Investors in Amazon.com should be prepared for even-more ambitious gambits from the indefatigable Jeff Bezos after the company posted record earnings.
Day after 'populist' budget, Sensex crashes 840 points
livemint.com - 2 Feb 2018 20:20Mutual funds cannot charge expenses in lieu of exit load: Sebi
livemint.com - 2 Feb 2018 20:17
Additionally, incentives allowed for beyond the top 15 cities or B-15 cities would now be expanded to B-30 cities, said Sebi
Bondholders To Receive More Electric Shocks From Puerto Rico's Power Utility
Forbes - 2 Feb 2018 19:43
With Puerto Rico Governor Ricardo Rossello'sproposalto privatize the utility, bondholders now have even more to worry about.
No More Tigers in Exxon's Tank
Wall Street Journal - 2 Feb 2018 18:57
The world's largest private energy company is making far weaker returns on its investments and that may not improve much.
On Wage Growth, You Ain't Seen Nothing Yet
Wall Street Journal - 2 Feb 2018 18:35
If wages have finally started a sustained rise, imagine what will happen to the economy when businesses and consumers start spending their tax cut windfalls. And imagine how the Federal Reserve will respond.
Deutsche Bank Is Stuck With Its Poor Reputation
Wall Street Journal - 2 Feb 2018 17:43
Deutsche Bank still has one very simple problem: Its revenues are falling faster than its costs. This is the reason investors aren't prepared to value the German banking giant's stock any more highly.
Apple Beats On Earnings But Falls Short On Revenue Guidance
Forbes - 2 Feb 2018 17:34
Decline in iPhone sales sends share price down
Foreign investors to get relief on profit despite new equities tax
livemint.com - 2 Feb 2018 17:09
As far as grandfathering and the limit for levy of tax is concerned it applies to both residents and non-resident investors, finance secretary Hasmukh Adhia says
AstraZeneca is expecting a return to sales growth in 2018 as new medicines win market share
CNBC - 2 Feb 2018 16:28
AstraZeneca expects drug sales growth in 2018 as new medicines win market share and the group puts patent losses behind it.
Global Monthly Pivots Suggest Choppy Trading, Limited Upside As Markets Top Out
Forbes - 2 Feb 2018 16:23
Last Friday was a 'melt-up' day as the three major U.S. averages closed at all-time intraday highs. This was a technical warning.
Sony Has New Boss, Same Good Story
Wall Street Journal - 2 Feb 2018 16:15
The man who orchestrated Sony's comeback is stepping down. Thankfully, the iconic technology brand still looks like a solid bet for investors.
Sony reported its highest third quarter profit and raised full-year guidance
CNBC - 2 Feb 2018 15:50
The electronics firm reported growing demand for its image sensors, and raised its full-year earnings outlook.