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Market News

Location American Market News for 11 May 2018
Are Corporate Buybacks Basically Just Insider Trading? (And Other Questions You're Afraid To Ask) Are buybacks one of the best vehicles for offering a continuous profit to new and existing shareholders, or are they the only option for companies that have no other way of increasing their earnings per share.
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Corporate Buybacks, The Illusion Of Profit, And The Looming Disaster For Your Portfolio Are you sure you're happy about the earnings per share you're seeing in 2018? Take a closer look at that balance sheet before you celebrate.
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Is Nestle Overvaluing Starbucks' Packaged Goods Business? Starbucks (NASDAQ: SBUX) and Nestle announced plans for a $7.2 billion license deal that would allow the latter to market, sell, and distribute the coffee giant's brands in Consumer Packaged Goods and Foodservice. This g...
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Capital One's Decision To Get Rid Of Its Remaining Mortgage Portfolio Is Good News For Investors Earlier this week, Capital One inked a deal to sell its portfolio of roughly $17 billion mortgage loans to DLJ Mortgage Capital. The portfolio sale marks Capital One's exit from the U.S. mortgage industry, with the bank ...
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Key Takeaways From Duke Energy's Q1 Results

Forbes - 11 May 2018 19:16
Key Takeaways From Duke Energy's Q1 Results Duke Energy (NYSE: DUK) released its first-quarter 2018 results on May 10 and conducted a conference call with analysts the same day. The company's results depicted a strong start to the year by beating both consensuses ...
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Bitcoin Resilient In The Face Of Exchange Raid Fall-Out Will Bitcoin always be the market-leading crypto?
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Why The Worst May Be Over For Nokia

Forbes - 11 May 2018 18:41
Why The Worst May Be Over For Nokia Nokia has been posting mixed results over the last few years, amid intense competition from Chinese rivals and weaker spending by wireless carriers, who have seen their deployments of 4G mobile broadband equipment peak o...
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What's The Outlook Like For China Telecom?

Forbes - 11 May 2018 18:34
What's The Outlook Like For China Telecom? China Telecom has been performing reasonably well over the last few quarters, driven by its expanding wireless and broadband subscriber base. In this note, we take a look at the carrier's recent performance and our outlo...
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Insiders Buy the Holdings of the WisdomTree U.S. LargeCap Dividend Fund A look at the weighted underlying holdings of the WisdomTree U.S. LargeCap Dividend Fund (DLN) shows an impressive 11.7% of holdings on a weighted basis have experienced insider buying within the past six months.
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Symantec Reaches Analyst Target Price

Forbes - 11 May 2018 17:20
Symantec Reaches Analyst Target Price In recent trading, shares of Symantec have crossed above the average analyst 12-month target price of $28.96, changing hands for $29.18/share.
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Lucky 7 For DJIA Eyed As Info Tech Continues To Power Market The question today is whether the DJIA can extend its winning streak to seven sessions in a row. News is a little thin today, but there are a couple of Fed speakers on the calendar. The earnings picture gets busier next ...
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Analysts Anticipate the iShares Russell 1000 ETF Will Reach $168 For the iShares Russell 1000 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $167.51 per unit.
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4 money lessons for Flipkart's crorepati employees post Walmart deal How does it feel to wake up with an SMS from your bank saying a few crores have been credited in your account. Do you go on a spending spree or just quit your job?
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EU Should Use Iranian Situation To Emboss Euro As a Benchmark Currency Iranian nuclear deal could make the Euro as an alternative benchmark currency, it is up to the EU; France to find these angles to make it happen.
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Sector ETFs Are Set For Massive Changes This Fall ETFs and mutual funds that track the Technology, Communications and Consumer Discretionary sectors will look very different after a September reshuffling of sector components conducted by the Global Industry Classificati...
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Las Vegas Sands Crosses Above Average Analyst Target In recent trading, shares of Las Vegas Sands have crossed above the average analyst 12-month target price of $78.60, changing hands for $79.00/share.
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Nestle India shares vault nearly 6% as Q1 profit jumps Nestle India shares vaulted 6.93% to Rs9,609.55 during intra-day trade, and finally settling 5.70% up at Rs9,498.90 on the BSE
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As A Rare Profitable Unicorn, Airbnb Appears To Be Worth At Least $38 Billion Over the years, Airbnb has cemented its position as a poster child of the "sharing economy" along with Uber, thanks to its pioneering efforts in using technology to carve out a multi-billion dollar opportunity in the mas...
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ArcelorMittal said the outlook for 2018 had improved after a sharp pick-up in steel prices and increased iron ore shipments helped it deliver higher-than-expected earnings.
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Thomson Reuters on Friday reported slightly higher-than-expected first-quarter sales and earnings.
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Why Box Office Flops Really, Really Hurt

Wall Street Journal - 11 May 2018 13:45
The share of box-office receipts by blockbuster movies has risen as shown by the Gini Coefficient, but that makes rare flops even more painful to the entertainment industry.
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Havells clocks Q4 profit rises to Rs226 crore

livemint.com - 11 May 2018 13:32
Havells clocks Q4 profit rises to Rs226 crore Havells India has posted profit of Rs225.76 crore and revenue of Rs2,560.64 crore in Q4 as against Rs94.70 crore profit and revenue of Rs1,873.44 in same period last year
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