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Market News

Location American Market News for 19 April 2018
The multinational makers of everything are under pressure to boost revenues.
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P&G Needs a Workout, Not Vitamins

Wall Street Journal - 19 Apr 2018 23:57
European dietary supplements won't cure what ails Procter & Gamble. The consumer products maker should focus on fixing its core business to resume growth.
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Why ATMs In Modi's India Are Running Out Of Cash Again ATM machines run out of cash occasionally in every country. But in Prime Minister Narendra Modi's India, a lot of ATM machines run out of cash more than occasionally - most recently, for the second time in 18 months.
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Bitcoin Cash Approaches $1,000 Ahead Of Hard Fork How is Bitcoin Cash's pending fork affecting crypto markets?
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Earnings Preview: What To Expect From General Electric On Friday General Electric is expected to earn $0.11/share on $27.87 billion in revenue. Meanwhile, the so-called Whisper number is $0.11.
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Remittances: a note of caution

livemint.com - 19 Apr 2018 21:34
Remittances: a note of caution RBI has laid down guidelines on remittance of funds outside India. There are separate guidelines for residents and non-residents
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How Much Can Prime Subscriptions Add To Amazon's Net Revenues? Until yesterday, the total number of Amazon Prime subscribers had been somewhat of a mystery before Jeff Bezos revealed that the tech giant had crossed 100 million paid subscribers globally.
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Alcoa Reports Strong Q1 Results And Raises 2018 EBITDA Guidance Alcoa Corporation (NYSE: AA) released its Q1 2018 earnings results and conducted a conference call with analysts on April 18. The company posted a strong set of quarterly results by beating both consensus revenue and ear...
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What To Expect From Honeywell's Q1 Earnings

Forbes - 19 Apr 2018 20:42
What To Expect From Honeywell's Q1 Earnings Honeywell International (NYSE: HON), posted a rather decent quarter last time around. The company managed to beat the earnings and revenue consensus estimates while increasing its outlook for 2018 notably. The raise in t...
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Rio Tinto Q1 2018 Review: Iron Ore Output Displays Growth; Adjustment To Aluminum Production Looms Rio Tinto (NYSE: RIO) released its first-quarter production results on 18th April and reported a 5% growth in its iron ore shipment volume, in line with its full-year expected volume growth. The company has kept its alum...
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Fibonacci Investing Basics

Forbes - 19 Apr 2018 19:34
Fibonacci Investing Basics As a technical analyst, I rely on numbers, indicators, and patterns as the foundation of my trading decisions. These tools are used to develop a plan for every investment or trade, and one overlooked tool that I use freq...
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Third Time Unlucky for Takeda and Shire

Wall Street Journal - 19 Apr 2018 19:32
Shire has rejected Takeda's three offers to buy it, and there may not be much more wiggle room to sweeten the bid.
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The Best Songs To Listen To While Trading Large Futures And Options Contracts What to play in the background while you trade derivatives contracts -- a short playlist of recommendations.
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The Gamble In Your Portfolio That You Might Not Know About What if there was a bet in your portfolio that you had no idea you were making? You may believe that your foreign stocks are doing well, but those high returns might be from something else. There may be another exposure ...
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GE Reports Earnings Friday Morning, Amid Restated Financials And Ongoing Turnaround Efforts General Electric (GE) reports earnings before market open on Friday, April 20, as CEO John Flannery continues to navigate the company through its turnaround strategy.
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Sebi scans Facebook likes; finds evidence in insider trading case Sebi checked the Facebook profiles of suspected persons to ascertain whether they were 'connected' in a case related to violation of insider trading norms
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Publicis Shows WPP Has Long Road to Recovery

Wall Street Journal - 19 Apr 2018 16:44
It has taken at least four years for global ad giant Publicis to get its house in order. That provides a cautionary tale for WPP as it deals with the drama of Martin Sorrell's exit.
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What's Next For The Price Of Bitcoin?

Forbes - 19 Apr 2018 16:39
What's Next For The Price Of Bitcoin? It looks from past bubbles and crashes that Bitcoin is highly likely to have further to fall; this crash phase is still mid-trend with lots of downside potential.
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Stock Market Seems Directionless, Volatility Low As Investors Await News It's a quiet morning for the U.S. stock market. Futures are down a bit and volatility is muted as investors apparently are looking for news to trade on.
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Qualcomm Is in the Eye of U.S.-China Storm Again

Wall Street Journal - 19 Apr 2018 16:14
China has said issues with the U.S. chip maker's proposed $44 billion tie-up with NXP Semiconductors may be "hard to resolve." That isn't a good sign either for this deal or broader global deal-making
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Investor Sentiment: Pessimism Above 40% For First Time Since 2017 Pessimism among individual investors about the short-term direction of the stock market is at its highest level in more than year, according to an AAII Sentiment Survey.
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Will 'Fortnite' Ambush Profits at Rival Videogames?

Wall Street Journal - 19 Apr 2018 16:03
The impact of the surprise gaming phenomenon "Fortnite" on rival video-game makers should become more clear over the next couple of weeks when quarterly results are reported.
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