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Market News

Location American Market News for 28 June 2018

Gold prices recover today after 2-day fall

livemint.com - 28 Jun 2018 13:33
Gold prices recover today after 2-day fall Gold prices recover by Rs 80 to Rs 31,650 per 10 grams on fresh buying by local jewellers amid an all-time low rupee against the US dollar
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Bank Stress Tests Don't Instill Confidence

Wall Street Journal - 28 Jun 2018 23:47
Setbacks are minor for Morgan Stanley and Goldman Sachs, but gaps with the Fed's view raise concerns.
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Amazon Will Kill CVS And Walgreen's Business Model -- More Bad News For Cashiers Amazon's move into pharmacy sales will kill the business model of traditional pharmacy retailers like CVS and Walgreen, the way it killed the business model of Borders Group in the past.
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How Amazon Made Pharmacies Ill

Wall Street Journal - 28 Jun 2018 22:15
Amazon's purchase of online pharmacy PillPack sparked a sharp selloff in drug supply chain stocks, as the deal shows the retailing behemoth is serious about entering the pharmacy business.
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Plumb Balanced Fund Is Beating The S&P 500

Forbes - 28 Jun 2018 20:47
Plumb Balanced Fund Is Beating The S&P 500 "We're not trying to duplicate the stock market. We're trying to make money for people," said Tom Plumb, manager of the Plumb Balanced Fund. The fund is not only the top fund in its Morningstar category for the 1-year, 3...
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Can Competition Derail WeWork's Growth?

Forbes - 28 Jun 2018 20:40
Can Competition Derail WeWork's Growth? WeWork is undisputedly the fastest growing company in the co-working industry. This start-up which was valued at $20 billion at its most recent round of funding by Softbank (2017) doubled its members between 2016-2017 an...
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What's Next After DOJ Approval Of Disney-Fox Deal? Disney (NYSE: DIS) has won U.S. antitrust approval to buy most of 21st Century Fox's (NYSE: FOX) assets for $71.3 billion, on the condition that it sells 22 regional sports networks.
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Improving ease of doing business ongoing challenge for India: IHS Economics' Rajiv Biswas India needs significant ramping up of manufacturing and exports to generate growth, says Rajiv Biswas, the Asia-Pacific chief economist at IHS Economics and Country Risk Group
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How Unilever Could Benefit From Acquiring Equilibra Unilever has signed an agreement to acquire a 75% stake in Italian personal care and well-being company Equilibra for an undisclosed sum. This move furthers Unilever's bid to strengthen its presence in the premium person...
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A Closer Look At Bed Bath & Beyond After Its Q1 Earnings Bed Bath & Beyond (NASDAQ: BBBY) reported better-than-expected fiscal first quarter results on Wednesday, June 27, as its earnings came in ahead of consensus estimates while revenues were about in line.
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Tata Motors stock sheds 38.8% in first half of 2018, worst performer in Nifty, Sensex Most analysts still have 'buy' rating on the Tata Motors stock, but they are worried about its subsidiary JLR business as its volumes are expected to be subdued over the next few quarters because of global headwinds
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We Did The Math: The iShares S&P Mid-Cap 400 Growth ETF Can Go To $245 For the iShares S&P Mid-Cap 400 Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $245.37 per unit.
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5 Dividend Growth Stocks With Upside To Analyst Targets To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years.
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IWP's Underlying Holdings Could Mean 10% Gain Potential For the iShares Russell Mid-Cap Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $138.07 per unit.
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Why Barnes & Noble Should Survive: We Need It The sole surviving major U.S. book chain, Barnes & Noble is too important to fail. Good thing that printed book readership is rising again.
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Trade Uncertainty Appears To Keep Wall Street Muted, But Crude Surges Higher An uncertain picture on U.S. business dealings with China seems to throw a shadow over Wall Street, but rising oil prices have given a shot in the arm to the energy sector.
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Look Under The Hood: The WisdomTree U.S. LargeCap Dividend Fund ETF Has 14% Upside For the WisdomTree U.S. LargeCap Dividend Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $101.91 per unit.
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Investors May Get A Chance To Own The Rangers And Knicks As James Dolan Considers Split You may soon have a chance to directly own a piece of the New York Knicks and Rangers, two of sports most valuable franchises. Madison Square Garden CEO James Dolan is considering splitting off his iconic sports franchis...
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What rupee at record low against the dollar means

livemint.com - 28 Jun 2018 14:58
What rupee at record low against the dollar means While India may not be a Fragile Five now, the rupee's dollar exchange rate is still more vulnerable than its peers
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Another Footsie Dividend Beauty Trading Much Too Cheaply Could this FTSE 100 dividend hero make you a pretty penny?
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1 Click For 7.3% Dividends And 12.4% Gains

Forbes - 28 Jun 2018 14:39
1 Click For 7.3% Dividends And 12.4% Gains I get a lot of questions from readers about high-paying "preferred shares." And most of these queries have one thing in common: worry!
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APIs, AI And ID Take Center Stage At Money20/20 Europe This year's Money20/20 Europe attracted about 5,000 attendees from 1,500 banks and fintech companies to its new home at the RAI Exhibition and Convention Centre in Amsterdam in early June. The event honed in on the many ...
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