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Market News

Location American Market News for 15 May 2018

Follow This 'Prophet' to the RV Promised Land

Wall Street Journal - 15 May 2018 11:30
The RV industry performed horribly this year after a strong 2017, but investors' best bet may be Camping World Holdings, not manufacturers like Thor or Winnebago.
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Pet Tech Has Venture Capitalists Wagging Their Tails Millennials are spending big on their pets.
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Should You Buy FTSE 100 Giant Vodafone After This News? Telecoms colossus Vodafone Group has slipped following latest trading details. Why? And should you snap up some shares in the business today?
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Kentucky Hillbillies Vs. Bronx Scroungers

Forbes - 15 May 2018 23:10
Kentucky Hillbillies Vs. Bronx Scroungers I remember above my music school in Harlem, on the 3rd floor, a dance studio's class tapped out rhythms in syncopated time. It was 1939, all of us striving upward despite the country's most dismal economic setting. Econo...
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Macri And The Ghosts Of The IMF

Forbes - 15 May 2018 22:27
Macri And The Ghosts Of The IMF Not only must we question Macri and his political decision-making, but we must remain extremely weary of the IMF, an institution that has proven it is an expert in helping fragile economies hit the detonator.
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Can Super-Voting Stocks Survive the CBS Challenge?

Wall Street Journal - 15 May 2018 20:48
The lawsuit against National Amusements is a last-ditch effort to block a merger with Viacom, but it's is also a challenge to the idea of dual-class stock structures.
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How High Can Pot Stock Canopy Growth Corp. Go? July 1, 2018, Canada will become only the second nation in the world where recreational cannabis is legalized for the entire country. While the medical marijuana market was estimated to be $250 million in 2017, the addit...
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Most quick millionaires go bankrupt soon

livemint.com - 15 May 2018 20:29
Most quick millionaires go bankrupt soon Large sums of money coming suddenly into your life may make you vulnerable to financial mistakes
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A Quick Snapshot of Union Pacific Corp's Industrial Freight Segment Union Pacific Corp. (NYSE: UNP) generates its revenues primarily from various commodities freight, including agriculture, coal, and industrial...The Industrial Freight segment accounts for 20% of the company's value, acc...
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The Credit Cycle Signals That Recession Is Around The Corner An asset's value is what someone will pay for it. If financing costs rise and buyers lack cash, the asset price must fall. And fall it will.
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This Is Shaping Up To Be A Good Week For China China's vice premier heads to Washington to talk trade. Consensus view has this trade war looking more like a trade spat.
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Zcash Surges 50% After Winklevoss Twins List Token On Gemini Which exchange will add Zcash next?
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Trump's ZTE Deal Is No U.S. Win

Wall Street Journal - 15 May 2018 15:17
The West's main argument against Chinese trade practices has always been that it applies rules selectively and unfairly to achieve mercantilist aims. Now the U.S. is doing the same.
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Sum Up The Pieces: The iShares Russell Mid-Cap ETF Could Be Worth $233 For the iShares Russell Mid-Cap ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $232.79 per unit.
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PNB shares dive over 6% on record Q4 loss

livemint.com - 15 May 2018 13:55
PNB shares dive over 6% on record Q4 loss PNB shares fell 3.80% to close at Rs86 on BSE after the company posted largest ever quarterly loss of Rs13,416.91 crore for the March 2018 quarter
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Dr Lal PathLabs shares surge over 10% after Q4 results Dr Lal PathLabs shares rises 10.06% to close at Rs887.20 on BSE after the company reports a 27.21% rise in its consolidated net profit for the March 2018 quarter
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Chinese Stocks Aren't Normal---Whatever MSCI Thinks

Wall Street Journal - 15 May 2018 12:07
Mainland-listed Chinese shares will enter MSCI's key benchmarks from June. That doesn't mean all problems with the country's stock markets are resolved.
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Home Depot says sales were hurt by a "slow start to the spring selling season."
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More pain seen for rupee corporate bonds as inflation picks up Triple A rated 3-year bonds from state-owned firms climbed to 8.3% on Monday, after the statistics ministry said that consumer prices for April rose 4.6% from a year earlier, higher than the 4.4%
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Karnataka election results: Markets surge today, risks to return tomorrow Analysts believe that post Karnataka elections, all focus will return to existing risks to the stock markets
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Does EPFO, NPS data show job creation?

livemint.com - 15 May 2018 09:18
Does EPFO, NPS data show job creation? EPFO and NPS payroll data from September 2017 to February 2018 indicate that India added over 3.5 million to the workforce. Deepti Bhaskaran asks experts what this data indicates
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What's behind the mystery in contrasting performance of IndiGo, SpiceJet? SpiceJet's strong regional presence and variety of aircraft that help align capacity better with demand worked in its favour
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