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Market News

Location American Market News for 20 April 2018

Texas Needs a Modernized NAFTA Now

Forbes - 20 Apr 2018 16:44
Texas Needs a Modernized NAFTA Now As trade ministers from Mexico, Canada, and the United States sprint to forge an agreement on NAFTA, the case of Texas reminds us of what the United States has at stake.
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SGX profit jumps to decade high, focus on new India products SGX says that it will launch successor products to its flagship Indian equity derivative products in June, ahead of the expiry of its licence agreement with NSE in August
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The Game Is Changing On Wall Street

Forbes - 20 Apr 2018 23:16
The Game Is Changing On Wall Street Rising interest rates are changing the game on Wall Street.
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Honeywell Sounds the Charge for Industrial Stocks

Wall Street Journal - 20 Apr 2018 21:25
Strong performance across Honeywell's business portfolio seems poised to continue.
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OPEC's $100 Pipe Dream Will Be 'Trumped' By Oil Market Fundamentals And Not Angry Tweets As a tweet by the U.S. President disturbs the crude market, it's worth remembering a three-figure oil price has more meaningful obstacles ahead.
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Financial firms are pushing joint public-private financing for infrastructure around the world. Critics say it is more expensive than public funding and contrary to blended finance advocates does not improve project sele...
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What Drove Ericsson's Earnings Beat?

Forbes - 20 Apr 2018 19:44
What Drove Ericsson's Earnings Beat? Ericsson published its Q1 2018 results on Friday, reporting a smaller than expected loss, driven by progress in its cost-cutting program and some traction in its core Networks business. In this note we provide a brief ov...
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Why Did Philip Morris' Shares Have Their Biggest One Day Drop? Philip Morris International reported its first quarter earnings on April 19, and saying investors weren't quite pleased with the results would be an understatement. The shares of the company plunged 16% in the aftermath ...
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Morgan Stanley's Mix Of Volatile And Stable Revenue Streams Remains Underappreciated Morgan Stanley reported its results for the first quarter earlier this week, and the investment banking giant exceeded investor expectations by a big margin as it churned out the best ever quarterly income figure in its ...
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Skechers Pinches Investors

Wall Street Journal - 20 Apr 2018 19:16
Skechers USA shares plunged on a disappointing outlook for the second quarter, but the stock has its charms.
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Sebi strengthens procedures for dividend payment, transfer of securities The Sebi guidelines will broadly deal with areas like dividend payment, interest and redemption, correction of errors, and compulsory internal audit of RTAs
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Would You Have Fired Warren Buffett?

Forbes - 20 Apr 2018 18:45
Would You Have Fired Warren Buffett? I've heard from a number of readers who invested with Warren Buffett in the mid-90s, but fired him too soon. Here's why so many people made the same mistake, and the lessons we can learn from them.
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Ripple Prices Surge 20% As Cryptos Rebound

Forbes - 20 Apr 2018 18:40
Ripple Prices Surge 20% As Cryptos Rebound What fueled XRP's recent gains?
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Sebi fines Suzlon Rs1.1 crore for violating insider trading norms Suzlon Energy had failed to disclose price sensitive information as required under Sebi's listing regulations on 'more than one occasion'
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Sebi order of winding up Sahara Mutual Fund stayed by SAT Sebi had asked Sahara Mutual Fund to wind up all its schemes. The next hearing on the matter will be on 26 April
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How To Trade Homebuilders KB Home, Lennar And Toll Brothers, Which Are In Bear Market Territory The housing market is far from vibrant as key data continue to slip as home prices rise and tax-related challenges lie ahead. This is shown best by the fact that the five major homebuilder stocks are deep into correction...
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Dangers of Everything Becoming a Tech Company

Wall Street Journal - 20 Apr 2018 15:23
Tobacco stocks are supposed to be low volatility. But add a dash of tech and it all changes.
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Chinese Banks Find Another Funding Wheeze

Wall Street Journal - 20 Apr 2018 15:22
Pressure from regulators means it's been getting harder for banks in China to get enough money. What to do? Banks' role in China's debt-fueled economy remains vital. If they can't obtain enough cash to fund ever-expandin...
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The Banks Missing Out on the Stock-Trading Boom

Wall Street Journal - 20 Apr 2018 15:22
Good old equities trading put a rocket under U.S. investment banks results in the first quarter. That begs a question whether European banks will benefit too.
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Alphabet's earnings will look a little different this quarter, including Nest moving out of "Other Bets."
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Trump Tweet Blames OPEC For Higher Oil Prices, Market Responds President Donald Trump took to twitter this morning to blame OPEC for "artificially" high oil prices and the market, as well as OPEC, responded.
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Honeywell reported a higher-than-expected profit for the first quarter on Friday.
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