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Market News

Location American Market News for 16 February 2018
Campbell Soup reported a 2 percent drop in organic net sales in its second quarter as a key customer in North America placed fewer orders for its canned soups.
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More Cheap Stocks Earning Money And Paying Dividends Here are 4 stocks that make my initial "cheap" list based on p/e, earnings, debt and dividend.
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Litecoin Has Rallied More Than 60% This Week What caused Litecoin prices to spike this week?
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A Closer Look At CBS' Q4 And 2018 Outlook

Forbes - 16 Feb 2018 22:33
A Closer Look At CBS' Q4 And 2018 Outlook CBS Corporation reported better-than-expected fiscal fourth quarter results on February 15, as both its earnings per share and revenues came in ahead of market expectations
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HG Infra Engineering to launch its Rs462 crore IPO on 26 February The proceeds from the fresh issue will be utilized for purchasing equipment, repayment of debt and meeting general corporate expenses
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United Capital Breaks Through $20 Billion In Assets Joe Duran, Founder and CEO, United Capital spoke with Julie Cooling, CEO, RIA Channel on the key aspects of what has made United Capital so successful over the years. The firm has bought and partnered with several RIA fi...
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Though oil prices have recovered from their most depressed levels reached in 2016, the continued low-price environment has changed the formula - literally - for investing in stateside oil production
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What To Expect From Cisco After Strong Fiscal Q2 Cisco announced its Q2 earnings on Feb 14, reporting a 3% increase in revenues to $11.9 billion. Revenues picked up after a sustained period of revenue declines. Cisco reported revenue growth across all major segments, w...
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NetApp's Strategic Products To Continue To Drive Results NetApp announced its fiscal Q3 earnings on February 14, reporting 8% annual growth in net revenue to $1.5 billion. Through the course of the current fiscal year, NetApp has witnessed solid revenue growth, driven by the c...
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A Cheap Option on Car Industry Consolidation

Wall Street Journal - 16 Feb 2018 18:33
Is the French government under Emmanuel Macron any closer to letting go of Renault, France's biggest car maker? The signals are mixed, but a move might be worth betting on anyway.
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10 Ways To Play The Oil Patch

Forbes - 16 Feb 2018 17:58
10 Ways To Play The Oil Patch As the oil patch has retreated and rebounds, here are 10 ideas to play the recovery from a half-dozen experts who follow the energy sector and contribute to MoneyShow.com.
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Newell Brands reported better-than-expected results and forecast current-quarter sales and profit ahead of estimates.
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Infrastructure Plan Falls Flat for Investors

Wall Street Journal - 16 Feb 2018 15:45
President Donald Trump's infrastructure plan has left investors in infrastructure firms unimpressed.
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PNB fraud: Sebi launches probe into Gitanjali Gems, Punjab National Bank Sebi is looking into the trading- and disclosure-related issues at Punjab National Bank, Mehul Choksi and his Gitanjali Gems in connection with the PNB fraud perpetrated by Nirav Modi
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CBS Profits Add to Case For Independence

Wall Street Journal - 16 Feb 2018 14:47
In CBS and Viacom's on-again, off-again merger talks, the burden falls disproportionately on Viacom to make the case that it is worth CBS's trouble.
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Kraft Heinz's revenue missed analysts' expectations on weakening demand from retailers in the United States for processed foods such as peanuts and cheese.
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Why Being A Millionaire Isn't Such A Big Deal Now Why it's no great distinction to be a millionaire these days. A million bucks ain't what it used to be.
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U.S. tractor maker Deere said on Friday net sales and revenues rose 23 percent year-on-year to $6.91 billion in the quarter ending Jan. 28.
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Analysts expect Coke to balance a 21 percent revenue decline with cost cut-driven profitability.
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Gold prices climb Rs170 on global cues, wedding demand Gold prices advance by Rs170 to Rs31,820 per 10 gram largely in sync with the overseas trend amid increased buying by local jewellers
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PNB fraud: Bank stocks decline, shares of Union Bank, Allahabad Bank hit 52-week low Shares of Kotak Bank, Federal Bank, IndusInd Bank and those of heavyweights like State Bank of India and ICICI Bank were also trading with losses
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Gitanjali Gems shares tank 20%, fall for 3rd straight day Gitanjali Gems shares fall 20% in morning trade after the company came under scanner of various investigating agencies following PNB's disclosure of a Rs11,400-crore fraud
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