Market News
Is Coca-Cola Diversifying Into Alcoholic Drinks?
Forbes - 1 Jun 2018 18:16
For the first time in its history, The Coca-Cola Company, (NYSE: KO), launched a lemon-flavored alcoholic drink in the southwestern island of Kyushu in Japan. The cola giant is betting on the Chuhai market, which are can...
IBM Will Beat Bitcoin
Forbes - 1 Jun 2018 17:36
IBM is a better bet than Bitcoin on Blockchain, and holds stronger promise to change the world.
Investor Confidence In Tata Motors Remains Weak Despite A Brighter Outlook For FY2019
Forbes - 1 Jun 2018 20:40
Tata Motors' (NYSE: TTM) stock price has slumped since the beginning of the current fiscal year and continues to tumble with the recently released disappointing quarterly results and latest developments in the U.S. with ...
Will Cleveland Cliffs Continue To Sustain Its Current Price Momentum?
Forbes - 1 Jun 2018 20:16
Cleveland Cliffs (NYSE: CLF) has gained considerable strength since the beginning of 2018 due to a number of favorable developments which have made the company's stock price seemingly attractive. The company's stock pric...
Client Assets For The World's Largest Wealth Managers Under Pressure After Years Of Steady Growth
Forbes - 1 Jun 2018 19:44
Earlier this week, Morgan Stanley saw its shares tank nearly 6% over trading on a single day after the head of its wealth management division revealed a weak forecast for the unit in the second quarter due to industry he...
After A Strong Q1, What To Expect From VMware In The Second Quarter?
Forbes - 1 Jun 2018 19:40
VMware announced its Q1 fiscal 2019 earnings on Thursday, May 31, reporting a 14% increase in net revenues to just over $2 billion. License revenues rose 21% on a y-o-y basis to $774 million for the quarter, while servic...
'On Fire' Aerie Drives American Eagle's Stellar Performance In The First Quarter
Forbes - 1 Jun 2018 19:14
American Eagle Outfitters' (NYSE: AEO) positive momentum in the back half of FY 2017 has continued in Q1 2018, for which the company posted a 9% growth in revenues and a massive 44% improvement in earnings, with both met...
Deutsche Bank Is Sick but Not at Death's Door
Wall Street Journal - 1 Jun 2018 19:06
Deutsche Bank isn't teetering on the brink of collapse. Despite Friday's downgrade from Standard & Poor's, Deutsche is stronger and has more stable funding than at any time in the past decade.
Is The Motorola Solutions Rally Justified?
Forbes - 1 Jun 2018 19:06
Motorola Solutions' stock has rallied by close to 20% this year, touching multi-year highs of as much as $112 over the last few weeks. There have been multiple factors contributing to the rally, including strong land mob...
Hands Tied, Brazil's Petrobras CEO Quits After Telling Shareholders He Would Not
Forbes - 1 Jun 2018 18:13
Here's why Parente had no choice but to quit.
Sebi bans Vijay Mallya from capital market for 3 years in fund diversion case
livemint.com - 1 Jun 2018 18:10
Market regulator Sebi has barred Vijay Mallya from the saecurities market for another three years and also from holding directorship in listed companies for five years
Costco's Stock Down Slightly Despite Solid Q3
Forbes - 1 Jun 2018 17:42
Costco announced solid third quarter results on Thursday, as both its revenue and earnings per share came in ahead of market expectations. However, the company's stock was marginally down in after-hours trading and on Fr...
The 6 Greatest Mutual Fund Managers Of The Last Decade To Use Now
Forbes - 1 Jun 2018 17:16
Step aside Peter Lynch, here are the best active managers running mutual funds.
Bullish Investors Eating Out: Chipotle To Shake Shack
Forbes - 1 Jun 2018 15:33
When bullish investors hunger for restaurant stock picks, five leading advisors and MoneyShow.com contributors serve them quickly with a fresh menu.
The Italian Saga Is Far From Over
Wall Street Journal - 1 Jun 2018 15:04
After a week of high drama, Italy has stepped back from the brink and so have markets. But more tests loom for the country's novice government.
How The Pieces Add Up: The iShares U.S. Financials ETF Targets $131
Forbes - 1 Jun 2018 14:35GameStop same-store sales miss estimates, shares fall
CNBC - 1 Jun 2018 13:23
GameStop on Thursday reported first-quarter same-store sales that missed analysts' estimates due to a drop in sales of video game hardware and software at its outlets.
Lululemon shares hit record as first-quarter profit beats expectations
CNBC - 1 Jun 2018 13:16
Canadian athletic apparel maker Lululemon Athletica posted first-quarter profit that beat expectations on Thursday as revenue jumped 25 percent.
Price cuts and freight costs pressure Costco's margins, sending its shares lower
CNBC - 1 Jun 2018 13:00
Costco Wholesale reported third-quarter results that topped analysts' estimates, but price cuts and higher freight costs weighed on its gross margins.
Gold prices slip below Rs32,000-mark
livemint.com - 1 Jun 2018 11:30Money matters after retirement
livemint.com - 1 Jun 2018 10:36
With rising inflation, mutual funds score over post office senior citizen saving scheme (POSS) and fixed deposits for investments in a retirement plan