Market News
Ignore the OPEC Drama, More Oil Is Coming
Wall Street Journal - 19 Jun 2018 05:25
OPEC is back to its squabbling ways. But investors who are bidding up oil prices in the expectation of a split are misunderstanding both the history of the cartel and the current state of the oil market.
Oracle stock drops sharply on guidance
CNBC - 19 Jun 2018 22:29
Oracle stock dropped after the company reported guidance even as the company beat fiscal fourth quarter estimates.
Nothing New With Overvalued Puxin Shares
Forbes - 19 Jun 2018 22:06
This report aims to help investors sort through Puxin's financial filings to understand the fundamentals and valuation of this IPO.
Why We Feel PepsiCo Is Currently Undervalued
Forbes - 19 Jun 2018 21:15
PepsiCo's (NYSE:PEP) stock fell from close to $120 at the start of the year to $95 in May, despite exceeding consensus expectations on revenue and earnings in both Q4 2017 and Q1 2018. It has rebounded a little since the...
What Is The Key Factor That Will Drive Medical Marijuana Producer Aphria's Value?
Forbes - 19 Jun 2018 20:40
As Canada comes close to legalizing recreational marijuana, cannabis stocks have witnessed a sudden surge in their valuation. Despite the vast upside opportunity for pot stocks, the opening up of the recreational marijua...
RITES IPO opens today, analysts say valuation attractive
livemint.com - 19 Jun 2018 20:35
For the RITES IPO, the first PSU share sale of FY19, the price band has been set at Rs180-185 per share
A Look At Our $50 Price Estimate For BP
Forbes - 19 Jun 2018 20:28
2017 was a good year for oil companies, as growth in benchmark crude prices boosted their margins. Similarly, in 2018, the average Brent crude oil price is expected to grow 30% from the 2017 average. Accordingly, BP is l...
Why We Revised Our Price Estimate For Fox To $43
Forbes - 19 Jun 2018 20:11
We recently revised our price estimate for 21st Century Fox (NYSE: FOX) upward to $43, which is still slightly below the current market price, on account of higher expected revenue and profit estimates relative to our pr...
Key Trends That Will Drive Halliburton's Business In The Near Term
Forbes - 19 Jun 2018 20:08
Halliburton, the second-largest oilfield services provider, could be poised for better times after a relatively tough 2016 and 2017, as higher oil prices improve demand for oilfield services both in North America and abr...
IIFL arm looks to raise Rs746 crore from institutional investors
livemint.com - 19 Jun 2018 19:39
According to the fund-raising plan, 44,89,500 equity shares of IIFL Wealth will be issued at Rs1,661, each, to investors
Markets slip as trade war fears escalate
livemint.com - 19 Jun 2018 19:29
Sensex declines 0.74% while Nifty slumps 0.83% amid global rout
Implied WisdomTree U.S. Quality Dividend Growth Fund ETF Analyst Target Price: $47
Forbes - 19 Jun 2018 18:47Facebook Is Venice In June
Forbes - 19 Jun 2018 18:08
Young women, after a few days in Venice, turn into ripe pears, succulent, soft and shiny-skinned. Glowy. This is like our still adolescent Facebook which shows annualized 5-year growth of 51.5%, practically double Netfli...
5 Dividend Aristocrats Where Analysts See Capital Gains
Forbes - 19 Jun 2018 16:57It Is Too Early To Buy Gold
Forbes - 19 Jun 2018 16:26
Gold is unlikely to rally until later in the summer. Here are the guideposts.
Surprising Analyst 12-Month Target For the iShares Russell 1000 Value ETF
Forbes - 19 Jun 2018 15:57The Other Yield Curve Investors Should Watch as Trouble Mounts
Wall Street Journal - 19 Jun 2018 15:26
Escalating trade tensions have helped push the U.S. Treasury yield curve to its flattest in more than a decade. But another curve deserves attention--and it is getting steeper.
AspenTech Boss Ups Asset Optimization Plays As Big Oil Goes Into Digital Overdrive
Forbes - 19 Jun 2018 15:11
In an exclusive interview, CEO Antonio Pietri says knowledge augmentation and cognitive guidance solutions are being lapped up by efficiency hungry energy and industrial companies.
3 Funds That Will Crush The Market This Summer
Forbes - 19 Jun 2018 14:41The New, Bigger AT&T: Lower Prices, Everybody!
Forbes - 19 Jun 2018 13:41
Never mind the court fight. The AT&T-Time Warner merger shows the downward push for pricing, which is good news for consumers.
Gold prices gain today amid global trade concerns
livemint.com - 19 Jun 2018 13:30
Gold prices advanced by Rs 100 to Rs 31,900 per 10 grams on Tuesday following higher global rates and pick up in buying by local jewellers.
Xiaomi Will Have to Dial Down Valuation Hopes
Wall Street Journal - 19 Jun 2018 13:24
The tech company has postponed plans for a mainland Chinese listing--a blow to its hopes of a high valuation.