Market News
Forbes Asia Biz Briefing: Deutsche Bank's Spencer Surprised By Further Trade Tit-For-Tat
Forbes - 22 Jun 2018 03:00
The latest episode of the Forbes Asia Biz Briefing comes from Deutsche Bank's chief economist and head of research for APAC, Michael Spencer. He tells us what's caught his eye this week, and what he'll be watching for ne...
CEO Loss Forces Intel to Face Its Future
Wall Street Journal - 22 Jun 2018 02:52
The surprise resignation of Intel's CEO means the chip maker needs to deal with longer-term challenges now.
How To Start Investing While You Are In College
Forbes - 22 Jun 2018 22:08
The potential for your investments to change the arc of your life is highest if you start while you are young. Here's how to get started while you are in college.
How Sensitive Is Intel To EBITDA Margin Changes?
Forbes - 22 Jun 2018 19:26
We estimate that Intel's (NASDAQ:INTC) EBITDA will likely grow in low-mid single digits in 2018, primarily led by its Data Center Group, which has seen solid growth of late, led by its cloud business, as well as high per...
After Round One Of Fed's Stress Test, Expect Some Dividend Hikes, Share Repurchases For Banks
Forbes - 22 Jun 2018 18:58
The 35 largest financial institutions in the U.S. recently sailed through the first phase of the Federal Reserve's annual Comprehensive Capital Analysis and Review - setting the stage for the banks to reveal their capita...
Bank of America Regains Lost Ground To Become Second-Largest U.S. Bank By Deposits
Forbes - 22 Jun 2018 18:37
Bank of America benefited from dwindling growth in deposits at rival Wells Fargo in the wake of the latter's account opening scandal to regain the #2 position on the list of largest U.S. banks by total deposits.
Why Citigroup's Loan Portfolio Is Growing Faster Than Its Peers'
Forbes - 22 Jun 2018 18:32
Citigroup reported an increase in its total loan portfolio from $623 billion in Q1 2017 to $668 billion in Q1 2018 - a jump of 7.2%. This compares with the average loan growth figure of 4.7% across the U.S. banking indus...
Profitless Avalara Pops After IPO
Forbes - 22 Jun 2018 18:08
This report aims to help investors sort through Avalara's financial filings to understand the fundamentals and valuation of this IPO.
CarMax shares surge to record high, on pace for their best day in 4 years
CNBC - 22 Jun 2018 18:03
The stock was up more than 13 percent, putting it on pace for its best day since June 2014, when it gained 16.5 percent.
Winners And Losers In A Trade War
Forbes - 22 Jun 2018 17:46
Foreign countries will fare worse in a trade war than the U.S. will. But large-cap American stocks will lag, too, especially ones with exposure overseas.
Fine Organic Industries IPO subscribed 9 times on Day 3
livemint.com - 22 Jun 2018 17:39
Fine Organic Industries IPO received bids for 4,78,34,875 shares against the total issue size of 53,65,497 shares, translating into an overall subscription of 8.92 times
Bitcoin Declines To 4-Month Low Amid Technical Pressure
Forbes - 22 Jun 2018 17:39
Bitcoin prices fell close to 10% today. Could this foreshadow further declines?
Crude Fudge: OPEC Says It's 'Nominally' Returning 1M Barrels Per Day To Oil Market
Forbes - 22 Jun 2018 17:33
Amid internal rancor, the oil cartel says it is only after 100% compliance with its stated target but its members had overdone things.
If JPMorgan Gaps Below Its 200-Day Simple Moving Average Then A Bear Market For Stocks Will Follow
Forbes - 22 Jun 2018 16:46
The banking giant has tentacles in so many markets that negative technical warnings should be considered a warning that a global bear market for stocks is around the corner.
Bharat-22 ETF gets bids for Rs12,500 crore so far
livemint.com - 22 Jun 2018 16:37Beijing Paddles Hard as a Bear Market Threatens
Wall Street Journal - 22 Jun 2018 16:03
Chinese stocks are down nearly 20% from their most recent high. Beijing has to balance its desire for market stability with a need to keep up the impression of calm.
Oil Prices Climb On News Of OPEC Agreement
Forbes - 22 Jun 2018 15:57
Oil markets reacted positively to news that OPEC reached compromise but the organization declined to address specific production numbers.
Bajaj Finance surpasses Axis Bank in m-cap ranking
livemint.com - 22 Jun 2018 15:52
At the end of session on Friday, market valuation of Bajaj Finance stood at Rs1,34,952.29 crore, which was Rs227.16 crore more than that of Axis Bank's Rs 1,34,725.13 crore m-cap
If You're OK With A 'Sin' Stock, There's Value In Tobacco
Forbes - 22 Jun 2018 15:37
What can you expect as an investor in "vice" stocks like tobacco? We asked four advisors who follow the sector and contribute to MoneyShow.com. To start with: low valuations, above average yields and diversification, inc...
Solution To Illinois Pension Problem May Be In State's Own Backyard
Forbes - 22 Jun 2018 15:30
Good pension news out of the State of Illinois:. The Illinois Municipal Retirement Fund (IMRF), which represents nearly 3,000 local governments (with the exception of the City of Chicago and Cook County), enjoys a health...
3 Small Funds With Massive Upside (And 7.4%+ Dividends)
Forbes - 22 Jun 2018 15:23How Will The FIFA World Cup Impact American Airlines' 2Q'18 Traffic Numbers?
Forbes - 22 Jun 2018 15:22
As the FIFA World Cup 2018 kick-starts in Russia, millions of football fans across the world are expected to remain glued to their virtual screens to enjoy the game. However, the more loyal fans prefer not to stay home, ...