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Market News

Location American Market News for 11 July 2018
Trump Is Right About Russian Energy, And Here's What He Can Do About It President Trump is right, Germany sold its energy security to Russia. But American natural gas could keep the rest of Europe from making the same mistake.
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One effect the American shale boom had in triggering the oil price collapse of 2014 - it drove discipline and technology into the offshore oil domains where breakeven costs now match or are lower than shale. With oil pri...
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Drug Supply Chain Feels the Trump Effect

Wall Street Journal - 11 Jul 2018 22:11
Pfizer's decision to defer drug price increases could ripple through the drug supply chain, which benefits when drug prices go up.
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TCNS IPO on 18 July, firm targets₹1,125 crore

livemint.com - 11 Jul 2018 19:44
TCNS IPO on 18 July, firm targets₹1,125 crore TCNS promoters, along with private equity investor TA Associates, are selling 15.71 million shares or 25.63% stake through the IPO
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How Big Can eSports Grow In 2018?

Forbes - 11 Jul 2018 19:36
How Big Can eSports Grow In 2018? The eSports industry has grown at a tremendous pace over the past few years. Per a report from Newzoo, total eSports revenue jumped from $493 million in 2016 to $655 million in 2017, and we estimate that total revenue co...
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U.S. Companies In China Losing Patience, Tell Trump 'Enough Is Enough' Let the lobbying mayhem begin!
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North American Beverage Improves In The Second Quarter For PepsiCo PepsiCo (NYSE:PEP) was able to beat consensus expectations on both revenue and earnings in the second quarter, helped by the strength in the snacks business. A shift away from sugary drinks has resulted in weakness in th...
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Goldman's Equity Underwriting Fees For Q2 Likely To Exceed $500 Million Goldman Sachs put up an exceptionally strong showing in the global equity capital markets over Q2 to capture a market share in excess of 10% for the period - making it the best performance by the investment bank in three...
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Strong Equity Capital Market Activity Boosts Underwriting Fees For Investment Banks In Q2 Global equity capital markets built on the strong start this year to report another upbeat quarter in Q2 2018, with companies around the globe raising nearly $203 billion in fresh capital through IPOs and FPOs for the se...
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Earnings Preview: What To Expect From Wells Fargo On Friday Wells Fargo is expected to report $1.12/share on $21.54 billion in revenue. Meanwhile, the so-called Whisper number is $1.16.
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Disney's $71 Billion Bid for Fox Is Now Worth $90 Billion

Wall Street Journal - 11 Jul 2018 16:08
It's official: Disney's $71 billion offer for 21st Century Fox is actually worth more than $90 billion. Both sides of the Atlantic are now watching Comcast.
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Other airline stocks fell along with American as investors have fretted about how carriers will cope with a surge in gasoline costs.
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Sale of ARC receipts on bourses faces RBI hurdle

livemint.com - 11 Jul 2018 16:02
Sale of ARC receipts on bourses faces RBI hurdle RBI is yet to give a green signal on who can subscribe to the receipts issued by asset reconstruction companies (ARCs) on exchanges
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Chinese Companies Lead The 2018 Global 2000 Growth Champions List Chinese companies account for seven of the top 10 -- and all of the top five -- on Forbes' 2018 Growth Champions list.
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When Will Trade Battles End? Watch Economies, Not Politicians

Wall Street Journal - 11 Jul 2018 15:14
After a brief May hiatus, a full-fledged Sino-U.S. trade fight looks increasingly likely. The deciding factor might not be what you think.
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Earnings Preview: What To Expect From Citigroup On Friday Citigroup is expected to earn $1.56/share on $18.58 billion in revenue. Meanwhile, the so-called Whisper number is $1.62.
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Forget The Trade War: These 3 Cash-Rich Stocks Win No Matter What My best advice for you today is this: ignore the breathless trade-war panicking and focus on one thing: cash.
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An Inverted Yield Curve Portends A Recession, But Guess What? Stocks Keep Climbing An inverted yield curve, where short rates are higher than long ones, is a solid recession predicter. But get this: Stock market run-ups historically kick in after the inversion.
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Three of the big Wall Street banks report quarterly earnings at the tail end of this week. For investors looking ahead to Citigroup, Wells Fargo and J.P. Morgan earnings on Friday, the options market appears to be saying...
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Gold prices fall for second day on muted demand

livemint.com - 11 Jul 2018 14:02
Gold prices fall for second day on muted demand Gold prices fell further by Rs 30 to Rs 31,350 per 10 grams, mainly due to weak global cues amid slow demand from local jewellers
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A Non-FTSE 100 Dividend Stock Yielding More Than 9% That I'd Buy Today This growth stock yielding in excess of 9% over the next couple of years is good to miss.
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Paytm launches forex services offering both forex card and cash The Paytm forex card and forex cash can be ordered on a real-time basis, and can be delivered at your doorstep within 48 hours
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