Market News
Nestlé's Fortunes Melting Like Ice Cream
Wall Street Journal - 15 Feb 2018 16:40
Nestlé's Chief Executive Mark Schneider has grasped the challenge facing the world's largest food company. But making Nestlé more responsive and entrepreneurial is proving to be a very tall order.
What Markets Tell Us About Jacob Zuma's Demise
Wall Street Journal - 15 Feb 2018 17:02
South Africa's rand has already performed strongly this year, while President Jacob Zuma's departure may help keep the country's bonds in an elite club that investors all but have to own.
Don't Get Fooled By The Monthly Reports
Forbes - 15 Feb 2018 22:33
Even though the stock market had an impressive reversal last Friday, many stock investors and traders have avoided buying stocks ahead of January's CPI report, released yesterday. But is each monthly report really that i...
What Could Drive 30% Upside For Indian Auto Leader Maruti?
Forbes - 15 Feb 2018 23:44
Maruti Suzuki India Ltd. (Maruti) is the largest automobile manufacturer in India, with an almost 50% share in the developing nation's steadily growing passenger vehicle market. The company's share price peaked at INR 10...
Shake Shack beats on earnings, forecasts massive expansion in 2018
CNBC - 15 Feb 2018 23:29
Shares of Shake Shack whipsawed after the company posted better-than-expected fourth-quarter earnings.
Bill Ackman Buys Nike
Forbes - 15 Feb 2018 23:24
Also acquires more Mondelez
CBS gains 2% after earnings beat
CNBC - 15 Feb 2018 23:01
The broadcast media company's earnings come amid chatter over its potential recombination with Viacom.
Pepsi's Focus On Diversifying Drinks Portfolio To Help Steady Beverages Revenue
Forbes - 15 Feb 2018 22:37
PepsiCo reported fourth quarter and full year results that topped analysts' estimates earlier this week, despite a changing retail environment and a continued soft market for carbonated beverages, driven by a particularl...
U.S. CFTC Commissioner Says Cryptocurrency Exchanges Adopting 'Self-Regulation' Could Spur Standards
Forbes - 15 Feb 2018 22:30
A top official at the U.S. Commodity Futures Trading Commission (CFTC) in Washington has suggested at the agency's Technology Advisory Committee that the cryptocurrency industry could adopt self-regulation to spur develo...
First signs of recovery in December quarter corporate earnings
livemint.com - 15 Feb 2018 21:41
An analysis of corporate earnings for the December quarter shows that aggregate net profit rose 11.1%, the highest in the past four quarters, indicating that negative effects of GST and demonetisation have started to rev...
Coinbase Launches 'Coinbase Commerce' To Let Mainstream Merchants Accept Crypto Payments
Forbes - 15 Feb 2018 21:38
A move that brings crypto closer than ever to mainstream adoption.
Baidu's Growth Spree Likely To Continue Into 2018
Forbes - 15 Feb 2018 21:35
Baidu announced its Q4 and full year earnings on February 13, reporting a nearly 30% increase in net revenue to RMB 23.6 billion. The internet giant reported a solid 17% growth in revenues to RMB 61.3 billion ($9.3 billi...
After Strong Q4, Credit Suisse's Reorganization Plan Should Unlock More Value In 2018
Forbes - 15 Feb 2018 21:25
Credit Suisse's stock rallied by nearly 6% over trading on Wednesday, February 14, despite the Swiss banking giant reporting its third straight annual loss, as gains from its ongoing reorganization plan boosted its opera...
Cutting off overseas trading may not bring liquidity back to Indian bourses
livemint.com - 15 Feb 2018 21:06
Even Singapore Stock Exchange's intention to offer investors solutions from NSE's international exchange in GIFT City may take a while due to lingering regulatory and jurisdiction issues, say experts
Bitcoin gets back above $10,000 on Bitstamp, a first in two weeks
livemint.com - 15 Feb 2018 20:08
Bitcoin rose as high as $10,095.82 on the Luxembourg-based Bitstamp and was last at $10,060.26, up 6% on the day
Corrections Usually Spell Opportunity In Stocks
Forbes - 15 Feb 2018 19:58
Panic is a normal human reaction to stock market corrections. Should you?
Credit Heavyweight Ares Management Shakes Up The Private Equity World And Sees Its Stock Surge
Forbes - 15 Feb 2018 18:10
Ares Managment's conversion to a corporation could change private equity forever, evidenced by its 13% surge on Thursday.
Frack sand delays to hurt Halliburton's first-quarter earnings
CNBC - 15 Feb 2018 17:27
Halliburton's first-quarter earnings would be reduced by 10 cents per share due to delays in sand deliveries, a company executive said on Thursday.
Airbus Soars Into Cash
Wall Street Journal - 15 Feb 2018 16:46
So long airplane giant Airbus churns out planes with increasing frequency, while picking up efficiency gains along the way, more cash will follow.
How This Pennsylvania Mom Went From ICU Nurse To Managing $568M
Forbes - 15 Feb 2018 16:45
Former ICU nurse and current financial advisor Patti Brennan attributes her 99% retention rate to her willingness to go "above and beyond."
Forbes Best-In-State Wealth Advisors Methodology
Forbes - 15 Feb 2018 16:45Las Vegas Advisor Randy Garcia Manages $1B -- And Clients' Organ Transplants
Forbes - 15 Feb 2018 16:45
Las Vegas financial advisor Randy Garcia maintains a 99% client retention rate by sharing investing wisdom and arranging organ transplants.