Market News
Value Investing Guru Wally Weitz Buys 4 New Stocks, Axes Amazon In 1st Quarter
Forbes - 25 Apr 2018 16:12
Weitz discloses moves early in 1st quarter letter
Amgen posts higher first quarter profit as sales rise 3 percent
CNBC - 25 Apr 2018 14:44
The drugmaker's profits were driven by lower taxes and an increase in product sales of newer drugs.
IMF cautions on risks of cuts in inflows to emerging markets
livemint.com - 25 Apr 2018 04:52
IMF, in its recently published report, says emerging markets have benefited immensely from a prolonged period of easy money policies and low interest rates worldwide
Venezuela's Hyperinflation And The IMF's Faulty Forecasts
Forbes - 25 Apr 2018 22:00
In the past year and a half, the IMF has reported a variety of numbers for the annual inflation rate in Venezuela. None of the IMF's numbers can be replicated. This is a problem -- one that renders all of the IMF's infla...
Big Business Goes 'Crypto', But Will ICOs Grasp A New Era Of Legitimacy?
Forbes - 25 Apr 2018 21:56
While Initial Coin Offerings (ICOs) saw mixed fortunes in 2017 and data shows that almost half met less than favorable outcomes and failed despite jointly raising north of $6 billion, many large and established enterpris...
After Nasdaq CEO Blesses Cryptocurrency, Investors See Bigger Future For Bitcoin, Others
Forbes - 25 Apr 2018 21:38
Cryptocurrency investors say Nasdaq's willingness to trade in Bitcoin and other coins part of a larger trend. Crypto isn't alive and kicking.
LendingClub Shares Tumble After FTC Charge Of Deceiving Consumers
Forbes - 25 Apr 2018 21:38
LendingClub was sued Wednesday after federal regulators said the peer-to-peer lending website falsely promised "no hidden fees," but charged them anyway.
Ford first-quarter earnings top estimates, to drop slow-selling sedans
CNBC - 25 Apr 2018 21:18
Ford beat analyst expectations on Wednesday, driven in part by cost cuts and lower taxes.
Chipotle shares jump 10% as menu price hikes fuel earnings beat
CNBC - 25 Apr 2018 21:16
Shares of Chipotle Mexican Grill skyrocketed on Wednesday after the company posted better-than-expected earnings after the closing bell.
Qualcomm gains on earnings beat
CNBC - 25 Apr 2018 21:12
Qualcomm is expected to report earnings after the bell on Wednesday.
Facebook shares jump after earnings beat
CNBC - 25 Apr 2018 21:09
It's Facebook's first financial report since revelations of a data leak rocked the company's reputation.
Shell Preview: Expect Solid Q1 Led By Higher Price Realization For Upstream Business
Forbes - 25 Apr 2018 21:07
Royal Dutch Shell is set to report its Q1 2018 earnings on April 26, and we expect the company to post solid numbers, primarily driven by improved price realization for its upstream operations and higher margins for its ...
What To Expect From U.S. Steel's Q1 Earnings
Forbes - 25 Apr 2018 20:46
U.S. Steel will report its first-quarter 2018 results on April 26 and conduct a conference call with analysts the following day... The company is expected to display strong performance with notably higher year-on-year (y...
What To Expect From State Street Through 2018 Following Q1 Results
Forbes - 25 Apr 2018 20:30
State Street reported results for the first quarter of 2018 late last week, which were largely in line with investor expectations. We have summarized State Street's Q1 earnings and also detailed the major takeaways from ...
Will China Again Drive Growth For Starbucks In The Second Quarter?
Forbes - 25 Apr 2018 20:22
Starbucks (NASDAQ: SBUX) is scheduled to report its second quarter (three months ended March 2018) earnings on April 26, wherein a rise in both revenues and earnings is anticipated. While the revenue growth is expected t...
What To Expect From Amazon's First Quarter Earnings
Forbes - 25 Apr 2018 20:22
Amazon is scheduled to report its first quarter results on Thursday, April 26.
Key Takeaways From Verizon's Q1 Results
Forbes - 25 Apr 2018 20:20
Verizon published its Q1 2018 results on Tuesday, beating market expectations on revenues and profits, driven by a better than expected performance of its wireless business.
Microsoft Earnings Preview: Sustained Growth Expected From Non-Computing Segments
Forbes - 25 Apr 2018 20:17
Microsoft is scheduled to report its Q3 fiscal 2018 earnings on April 26. The company has reported strong revenue growth from non-computing revenue streams over the last couple of years.
Will The Weakness In The North American Beverages Segment Continue For PepsiCo?
Forbes - 25 Apr 2018 19:55
PepsiCo is set to report its first quarter earnings on April 26, wherein revenues are expected to increase to $12.36 billion, while the earnings are estimated to decline by 1 cent to 93 cents... While revenue growth is e...
Alteria Cap raises Rs100 crore from SIDBI for Rs1,000 crore debt fund
livemint.com - 25 Apr 2018 19:52Foreign investors pulled $657 million out of Indian equities this month
livemint.com - 25 Apr 2018 19:49
In Asia, India faced the second-worst outflows after Taiwan, which saw outflows of $2.7 billion
Realizations increase at UltraTech Cement, but that's unlikely to offset cost pressures
livemint.com - 25 Apr 2018 19:43
UltraTech Cement's standalone net profit stood at Rs488 crore for the March quarter, not up to Street expectations