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Market News

Location American Market News for 22 February 2018

A Reality Check for Wayfair

Wall Street Journal - 22 Feb 2018 22:11
Investors have been feverishly pushing up Wayfair's stock despite the company's growing losses, worsening free cash flow and surging marketing spending. That run may finally be coming to an end.
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What Would A New Federal Gas Tax Do To Markets? During times of low oil prices, increasing the gasoline tax can seem like a good idea. But oil is a volatile commodity and when prices rise, gas taxes can have unintended consequences.
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Exchange 'Visegrad' CEO's Mull Boosting CEE Markets' International Investor Appeal The CEO's of six exchanges in Central Eastern Europe within the 'Visegrad' region have convened in Prague in the Czech Republic for the first time to discuss co-operating on issues including raising international investo...
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Breaking Down Uber's Valuation: An Interactive Analysis Uber is one of the world's most valuable private companies, driven by its soaring revenue growth and expansion into new markets. Uber has been actively prepping for an IPO (likely in 2019), focusing on cutting its losses...
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Cord Cutting Continues To Impact Dish Network's Revenues Dish Network posted its Q4 results on Wednesday, with revenues declining by over 7% year-over-year to $3.48 billion. Diluted earnings per share grew to $2.66 due to an income tax benefit of about $1.2 billion due to an a...
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One Major Problem Amazon Must Fix

Forbes - 22 Feb 2018 21:19
One Major Problem Amazon Must Fix I have 8 managers who own Amazon. But after listening to their arguments in favor of Amazon, there is still 1 thing that bothers me particularly now that the price-earnings ratio is 326; It is Amazon's third-party seller...
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Why You Should Not Trust Most Economic Data

Forbes - 22 Feb 2018 20:55
Why You Should Not Trust Most Economic Data Unfortunately, our policymakers often rely on data created by outdated models that are based on past performance.
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How Will BlackBerry's Business Trend Over The Next Three Years? BlackBerry is seeing its business gradually stabilize as growth in the Software business offsets declines in the Smartphone and Service Access Fee businesses. In this note, we take a look at some of the trends that could...
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Hewlett Packard Enterprise skyrocketed after the company reported Q1 results that blasted past analysts' expectations.
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Why The Real Earnings Season Starts Now

Forbes - 22 Feb 2018 20:07
Why The Real Earnings Season Starts Now Corporate earnings season may be winding down, but the real earnings season - annual 10-K filing season - starts today.
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Walmart's Low-Price Strategy Breaks Down Online Walmart's commitment to low prices makes it tough to make a profit on cheap items sold online, so the chain has begun encouraging some of its major online vendors to provide higher-priced items.
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Gitanjali Gems shares tank over 58% in 7 days

livemint.com - 22 Feb 2018 18:32
Gitanjali Gems shares tank over 58% in 7 days In seven days, Gitanjali Gems stock plunged 58.5%, eroding Rs435.41 crore from its market capitalisation
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NSE to exclude Fortis Healthcare from derivatives trade if results not filed by 1 March NSE says if Fortis Healthcare does not file financial results for two previous quarters by 1 March, its no derivative contract will be available from 29 March
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Judge Will Decide Two Media Merger Cases in One

Wall Street Journal - 22 Feb 2018 17:05
Comcast's pursuit of Fox may hinge on the outcome of the AT&T-Time Warner case.
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5 Buys Perfect For Rising Interest Rates

Forbes - 22 Feb 2018 15:37
5 Buys Perfect For Rising Interest Rates If you're like most dividend investors, you're probably keeping a nervous eye on bond yields right now.
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How Gargantuan Can Private Equity Get?

Wall Street Journal - 22 Feb 2018 14:20
The biggest private-equity firms are in a fund-raising frenzy, but it will be increasingly hard to find the returns that have made them such money magnets.
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The Cheesecake Factory reported fourth-quarter earnings of $57.7 million, matching analysts' expectations.
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What Will Keep the Chinese Consumer Strong?

Wall Street Journal - 22 Feb 2018 12:45
China's consumer confidence has reached a high since Nielsen started compiling the index in 2005. Luxury goods, in particular, are back in vogue. But the property market brings risks.
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Gold prices plunge by Rs100 on lacklustre demand

livemint.com - 22 Feb 2018 12:44
Gold prices plunge by Rs100 on lacklustre demand Gold prices slump by Rs100 to Rs31,350 per 10 gram on fall in demand from local jewellers and retailers amid a weak trend overseas
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The warning wiped more than a third off the Finnish firm's stock price amid deepening doubts about its valuation.
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Global gold prices dip on steady dollar, US interest rate outlook Gold prices fall for the fifth straight session as the dollar is bolstered by Fed meeting minutes that showed policymakers backed further interest rate hikes
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Sebi to auction 11 assets of Pancard Clubs, reserve price Rs260 crore Looking to recover over Rs7,000 crore of investors' money, Sebi will next month auction 11 properties of Pancard Clubs and its late CMD at a total reserve price of Rs260 crore
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