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Market News

Location American Market News for 14 June 2018
The Math Shows the Utilities Select Sector SPDR Fund ETF Can Go To $55 For the Utilities Select Sector SPDR Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $54.66 per unit.
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Size Becomes a Handicap for Global Food Giants

Wall Street Journal - 14 Jun 2018 15:38
Investors like Nestlé, Unilever and Danone for their sales in emerging markets, but size and complexity will make it hard for them to adapt to the food industry's new trends.
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Adobe stock fell despite coming in above estimates for its fiscal second quarter.
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For Public Company Accountants, New Tax Law Is More A Nightmare Than A Bonanza President Trump could have given accountants breathing room had he signed the tax bill after December 31, so that there would have been no effects on deferred tax assets or liabilities for tax year 2017. But he didn't.
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How Is Vale Likely To Grow In The Next 2 Years? Vale (NYSE: VALE) displayed consistent strength in its operations over the past two years as it recovered from the commodity downturn and ramped-up its sought-after S11D mines. Vale's top line grew by 20% year-on-year (y...
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How Is Newmont Mining Likely To Grow In The Next 2 Years? Newmont Mining (NYSE: NEM) has become the world's largest gold producer (per volume), surpassing the output of its main competitor Barrick since the end of 2017. However, the company's gold volume output is anticipated t...
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Can The World Cup Provide A Boost To Anheuser-Busch's Beer Sales? The 2018 World Cup in Russia is upon us. Budweiser, one of the key brands of Anheuser-Busch InBev, (NYSE: BUD), is the global beer sponsor of the sporting event. Partnering with such a massive tournament, which boasts an...
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4 ETFs To Park Your Money When You Want To Cut Market Exposure Investors looking at reducing their market exposure and "parking" their money safely may be better off at putting together a combination of ETFs rather than using cash.
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What Is Walmart's Near-Term Growth Outlook?

Forbes - 14 Jun 2018 19:58
What Is Walmart's Near-Term Growth Outlook? Wal-Mart had a fairly strong fiscal 2018 (ending January 2018) as the company's performance was mostly above its guidance and market expectations. In fiscal 2018, the retailer's total revenue increased 3% year-over-year ...
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Tesla's Latest Steps In Its Path To Profitability Tesla indicated that it would cut about 9% of its global workforce, as Tesla is looking to eke out its first profit. Here we take a look at some of the other steps Tesla has been taking to reach profitability.
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Five Largest U.S. Investment Banks Have Over $1.5 Trillion In Securities Trading Assets The securities trading industry fell out of favor in the wake of the economic downturn, as stricter regulatory requirements coupled with restrictions to proprietary trading activity, forced major investment banks globall...
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The Invesco S&P 500 High Dividend Low Volatility ETF's Holdings Imply 10% Gain Potential For the Invesco S&P 500 High Dividend Low Volatility ETF (NYSE: SPHD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $44.75 per unit.
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Goodbye ECB Bond-Buying, Hello Forward Guidance

Wall Street Journal - 14 Jun 2018 18:47
The ECB hasn't finished surprising investors yet. Thursday it brought the end of its massive bond-buying program closer, but pushed any interest-rate increases further out. The more dovish message won, sending the euro s...
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Consumers Are Spending More, in Part Because of Tariffs

Wall Street Journal - 14 Jun 2018 18:11
Americans are starting to spend more of their tax cuts. But some of that increase is due to higher prices on products affected by U.S. tariffs.
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Big Banks' Regulatory Bonanza Not as Advertised

Wall Street Journal - 14 Jun 2018 17:59
The largest Wall Street banks have reason to be disappointed with the progress on financial deregulation so far under Trump.
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Beware The Risks Of Highly Rated Investments The strong stock market can mask investment risk and leave workplace retirement plan fiduciaries with a false sense of security on the quality of their investment menus.
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Climbing Interest Rates And Economy Top Property Market Concerns The Counselors of Real Estate issue its annual list of Top Ten Issues Affecting Real Estate.
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Why Investors Should Hold Out for a Sky-High Price

Wall Street Journal - 14 Jun 2018 17:32
A bidding war for Fox doesn't rule out one for European pay TV leader Sky
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World Cup Fever Spells Dull Markets

Wall Street Journal - 14 Jun 2018 17:26
Research has found that trading activity dips significantly during the global soccer tournament as traders focus on the games.
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NSE looking to ease start-up listing norms

livemint.com - 14 Jun 2018 17:02
NSE looking to ease start-up listing norms NSE is looking to tweak listing norms to make it easier for start-ups to get listed, says MD and CEO Vikram Limaye
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Indiamart plans to raise up to ₹600 crore via share sale ICICI Securities, Edelweiss Financial Services and a foreign bank said to be advising Indiamart on share sale
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Brushing Up On Value With Colgate-Palmolive

Forbes - 14 Jun 2018 16:24
Brushing Up On Value With Colgate-Palmolive This stock looks expensive based on traditional metrics, but a look at the true cash flows of the business shows otherwise.
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