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Market News

Location American Market News for 16 July 2018
Oil prices fall as Saudis offer more supply, US weighs SPR release Oil prices retreat below $71 a barrel as Saudi Arabia was said to offer extra crude to some customers, while the US reportedly considered tapping emergency supplies
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Infosys shares climb 6% after Q1 earnings

livemint.com - 16 Jul 2018 09:46
Infosys shares climb 6% after Q1 earnings Infosys shares, after a positive opening, jump 5.75% to its 52-week high of Rs 1,384.40 per share on BSE
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Bank stocks rallied on Monday in the thick of big banks' earnings reports, and one money manager sees bigger gains ahead.
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How Will SAP's Expansion In The CRM Space Impact Its Value In The Near Term? SAP SE (NYSE:SAP), the Germany-based software giant, has been performing well over the last couple of years, with its stock gaining over 50% during this period. The company's revenue has grown at a compounded rate of 11%...
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Netflix missed its subscriber addition projections for the first time in five quarters, leading shares to tumble. The company added about 1 million fewer subscribers than it estimated.
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What To Expect From Alcoa's Second-Quarter Results? Alcoa Corp (NYSE: AA) will release its second quarter results and conduct a conference call with analysts on 18th July 2018. Mean consensus market estimates expect the company to report an EPS (Non-GAAP) of $1.51 per sha...
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Putin Says Nord Stream II Won't Hurt Ukraine But a court case between Naftogaz and Gazprom sure could.
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What To Watch For In Johnson & Johnson's Q2? Johnson & Johnson (NYSE:JNJ) is set to report its Q2 2018 earnings on July 17, and we expect the company to post solid numbers, primarily led by continued growth in oncology drug sales, which saw growth of 45% (y-o-y) in...
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Will The World Cup Boost Russian Growth?

Forbes - 16 Jul 2018 20:13
Will The World Cup Boost Russian Growth? France may have been crowned winners of the tournament, but will the World Cup boost Russia's deteriorating economic growth outlook?
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3 Low-Cost Secret Dividend Heroes That Could Make You A Fortune Seeking dividend shares on the cheap? These little-known income heroes could make you a mint.
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What Reporters In Helsinki Asked Trump And Putin Putin: We have no compromising information on Donald Trump.
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Why Tapping the U.S. Oil Reserve Is an Awful Idea

Wall Street Journal - 16 Jul 2018 19:06
Using the reserve to curb summer pump prices at a time the economy is booming and midterm elections loom would be a strategic blunder, leaving the country exposed in the event of an actual oil shortage.
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Oil Takes Center Stage: Commodities Halftime Report 2018 Near the beginning of the year, Goldman Sachs analyst Jeffrey Currie made the case that the macro backdrop right now favored commodities in 2018. "Commodities had a miserable year" in 2017, Currie told CNBC. "History say...
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What To Expect From IBM's Second-Quarter Earnings IBM is scheduled to report its Q2 2018 earnings on July 18. The tech giant has reported revenue growth in the last couple of quarters after several quarters of mixed results and revenue declines.
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What To Expect From eBay's Second Quarter Earnings eBay is scheduled to announce its second quarter results on Wednesday, July 18. The company reported a 12% increase in net revenue to $2.6 billion in the most recent quarter. Growth came from both the Transaction and Mar...
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These FTSE 100 Shares Are About To Update The Market. What Should You Do? How should you trade these Footsie-quoted firms in the days ahead?
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Netflix Earnings Preview: International Subscriber Growth A Focus, But Don't Count Out Domestic Netflix reports earnings after market close on Monday, July 16.
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How Does AT&T Benefit From Its Partnership With Magic Leap? Wireless behemoth AT&T has made an undisclosed investment into mixed-reality startup Magic Leap and will serve as the exclusive carrier for the consumer edition of the company's first mixed-reality glasses, dubbed the Ma...
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Three Key Takeaways From JPMorgan's Q2

Forbes - 16 Jul 2018 16:11
Three Key Takeaways From JPMorgan's Q2 JPMorgan Chase comfortably beat investor expectations for its second quarter results late last week by reporting a strong increase in revenues across its operating division for the period.
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2 Cheap FTSE 250 Dividend Stocks You Should Buy Right Now There is no shortage of exceptional income shares in the FTSE 250 today. This piece looks at a couple of the best.
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How To Play A Rebound In EM Stocks

Forbes - 16 Jul 2018 16:05
How To Play A Rebound In EM Stocks Emerging market stocks are on sale. It's time to buy. But should you buy the broad index or individual countries?
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Bank Earnings Back In Focus Ahead Of Busy Week Highlighted By Powell Testimony Bank earnings so far look like a mixed picture, with a couple of firms performing very well. Netflix is the big earnings news to watch after the close, while the market braces for Powell testimony to Congress later this ...
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