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Market News

Location American Market News for 30 April 2018

Penna Cement plans Rs1,300 crore share sale

livemint.com - 30 Apr 2018 19:22
Penna Cement plans Rs1,300 crore share sale Penna Cement is planning to raise Rs1,300 crore through an initial public offering (IPO) and will file its draft offer documents with the markets regulator in the next two months
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The Risk Of A Stock Market Shakeout Is Intensifying All is not well, and investors are getting nervous. This combination rarely has a happy ending.
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Don't 'Sell In May And Go Away.' Here's What You Should Do Instead The popular adage 'Sell in May and Go Away' may not always be a sound investing principle. Find out why you might want to ignore historical patterns and popular technical trends and phrases.
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Will T-Mobile Keep Disrupting After the Deal?

Wall Street Journal - 30 Apr 2018 22:44
T-Mobile and Sprint will need more than a public relations onslaught to get their $26 billion deal approved.
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Investors will be looking for subscriptions added, as well as churn, which indicates how often customers leave the network.
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Cutting Our Losses

Forbes - 30 Apr 2018 22:25
Cutting Our Losses We want to highlight our exit discipline for stocks that we recommend: when the stock falls off our Buy/Sell list, we exit the position. To follow the daily grades of any of the stocks we follow, go to CressCap.com.
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Update On Crispr And Sorrento

Forbes - 30 Apr 2018 22:25
Update On Crispr And Sorrento We want to highlight our exit discipline for stocks that we recommend: when the stock falls off our Buy/Sell list, we exit the position. To follow the daily grades of any of the stocks we follow, go to CressCap.com.
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Ramp Up In Opdivo And Eliquis Sales Bolsters Bristol-Myers Squibb's Q1 Earnings Bristol-Myers Squibb recently posted its Q1 results, which were more or less in line with street estimates. The company's overall revenues grew 5%, led by a continued ramp up in Opdivo and Eliquis sales. The bottom line ...
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Boston Scientific Sees Strong Growth Across Segments In Q1 Boston Scientific recently posted a better than expected Q1 performance with a 10% jump in sales, led by strong growth across its segments. The company now includes Neuromodulation in Rhythm Management & Neuro segment, w...
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Buildings Segment To Drive Growth For Johnson Controls In The Second Quarter Johnson Controls (NYSE: JCI) is slated to post its second quarter results on May 1, wherein a rise in both revenues and earnings is expected. In its first quarter, the company was able to deliver a positive earnings surp...
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Acquisition Of Kate Spade To Boost Revenues For Tapestry In The Third Quarter Tapestry Inc. is slated to report its third quarter results on May 1, wherein a rise in both revenues and earnings is expected. The addition of Kate Spade is expected to provide a boost to the company's results. A pullba...
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Amazon Recovers From Trump Tweets By Ignoring Them And Delivering Good Results Amazon hit a new high of $1,634 after President Trump's tweets knocked it down to $1,372 last month. Trump's tweets are a good example of how news can be blown out of proportion to create great entry points.
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Walmart's reputation for low prices will be burnished by the sale of its U.K. business for--on paper--less than it paid for it in 1999. In a tough market, though, this may have been the least bad option for the U.S. reta...
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Why the rupee tumble vindicates central bank's forex interventions The weakness in the currency market vindicates RBI's policy of building buffer reserves for rainy days
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How Will The Model 3 Ramp Impact Tesla's Q1 Results? Tesla is expected to publish its Q1 2018 results on Wednesday, May 2, reporting on a quarter that saw the company significantly ramp up production of its mass-market Model 3 sedan.
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Discover's Shares Look Undervalued Despite Mixed Q1 Results Discover Financial Services (NYSE: DFS) reported mixed performance figures for the first quarter of 2018 late last week, with the cards and payments company marginally beating investor expectations for a seasonally slow ...
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What To Expect From Juniper Networks' First Quarter Earnings Juniper Networks is scheduled to announce its first quarter results on May 1. Juniper's core revenues have declined in recent years, while product gross margins have also compressed.
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How Much In M&A Advisory Fees Did The Largest U.S. Investment Banks Earn In Q1? The five largest U.S investment banks reported a little over $2.2 billion in M&A advisory fees in Q1 2018 - a notable reduction from the figure of $2.4 billion a year ago, and almost $2.6 billion for the previous quarter...
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Will The Sprint T-Mobile Merger Pass Regulatory Muster? Sprint and T-Mobile finally announced plans for a long-awaited merger over the weekend. This marks the third time in the last four years the two rivals have attempted a combination, and the companies appear to have final...
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Shale Boom Fuels Refinery Deal

Wall Street Journal - 30 Apr 2018 18:42
Marathon Petroleum's acquisition of Andeavor will benefit from surge in U.S. oil production, which has helped refiners.
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Apple's stock rise after optimistic reports that the tech giant could return as much as $400 billion in capital to shareholders.
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The Worst-Performing Stocks Of 2018

Forbes - 30 Apr 2018 18:11
The Worst-Performing Stocks Of 2018 Buffett is the largest stakeholder in one
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