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Market News

Location American Market News for 15 February 2018

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.
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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.
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Don't Get Fooled By The Monthly Reports

Forbes - 15 Feb 2018 22:33
Don't Get Fooled By The Monthly Reports 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...
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What Could Drive 30% Upside For Indian Auto Leader Maruti? 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...
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Shares of Shake Shack whipsawed after the company posted better-than-expected fourth-quarter earnings.
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Bill Ackman Buys Nike

Forbes - 15 Feb 2018 23:24
Bill Ackman Buys Nike Also acquires more Mondelez
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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.
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Pepsi's Focus On Diversifying Drinks Portfolio To Help Steady Beverages Revenue 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...
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U.S. CFTC Commissioner Says Cryptocurrency Exchanges Adopting 'Self-Regulation' Could Spur Standards 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...
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First signs of recovery in December quarter corporate earnings 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...
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Coinbase Launches 'Coinbase Commerce' To Let Mainstream Merchants Accept Crypto Payments A move that brings crypto closer than ever to mainstream adoption.
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Baidu's Growth Spree Likely To Continue Into 2018 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...
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After Strong Q4, Credit Suisse's Reorganization Plan Should Unlock More Value In 2018 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...
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Cutting off overseas trading may not bring liquidity back to Indian bourses 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
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Bitcoin gets back above $10,000 on Bitstamp, a first in two weeks 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
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Corrections Usually Spell Opportunity In Stocks Panic is a normal human reaction to stock market corrections. Should you?
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Ares Managment's conversion to a corporation could change private equity forever, evidenced by its 13% surge on Thursday.
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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.
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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.
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How This Pennsylvania Mom Went From ICU Nurse To Managing $568M Former ICU nurse and current financial advisor Patti Brennan attributes her 99% retention rate to her willingness to go "above and beyond."
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Forbes Best-In-State Wealth Advisors Methodology Here's how we created the list of Forbes' Best-In-State Advisors.
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Las Vegas Advisor Randy Garcia Manages $1B -- And Clients' Organ Transplants Las Vegas financial advisor Randy Garcia maintains a 99% client retention rate by sharing investing wisdom and arranging organ transplants.
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