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Market News

Location American Market News for 20 July 2018
SAP Raises Its 2018 Outlook Backed By Strong Growth In Cloud Business As anticipated, software giant SAP (NYSE: SAP) reported a remarkable second quarter earnings yesterday driven by robust growth in its cloud business. The company added roughly 600 customers due to the improved adoption o...
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GE Will Be Dead Money for a While

Wall Street Journal - 20 Jul 2018 20:27
General Electric's quarterly results left Wall Street disappointed and signs of progress in the ailing power-generation division are likely far away.
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CSX Corporation's Q2 Earnings Beat Led By Continued Cost-Cutting Measures And Better Pricing CSX Corporation (NYSE: CSX) recently posted a better than expected Q2 performance with a mid-single digit revenue growth and 58% jump in EPS, led by continued cost cutting measures. The company's Intermodal segment saw a...
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What To Expect From Harley-Davidson's Second-Quarter Results? Harley-Davidson (NYSE: HOG) will release its second-quarter results and conduct a conference call with analysts on 24th July 2018. Consensus market estimates expect the company to post an EPS (Non-GAAP) of $1.34 and reve...
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Can China Drive Growth For 3M In The Second Quarter? 3M's (NYSE: MMM) stock is down considerably in the past six months, wiping out all of its gains of the latter half of 2017. While there were expectations for a really strong first quarter, and the company did deliver bro...
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What To Watch As Verizon Reports Q2 Results

Forbes - 20 Jul 2018 18:33
What To Watch As Verizon Reports Q2 Results Verizon is scheduled to publish its Q2 2018 results on Tuesday, July 24. In this note, we take a look at some of the key metrics we will be tracking in the company's earnings release.
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Abercrombie & Fitch Shares Build On Breakout Today's top stocks to watch include a specialty retailer and an e-commerce company in addition to two drug makers.
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Expect Less, Get More From AT&T

Forbes - 20 Jul 2018 18:28
Expect Less, Get More From AT&T The message from the U.S. Department of Justice to the merger-manic communications and media business? "Slow your roll."
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Here's What We Will Be Watching When Alphabet Reports Q2 Earnings Alphabet is scheduled to announce its Q2 earnings on Monday, July 23. The company has consistently reported solid growth in revenues in recent years, driven by Google's core search advertisement business.
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Two very big tax victories make it easier for business owners to reduce income tax on the sale of their companies.
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Sebi pushes large corporates to borrow more from bond markets To deepen the corporate bonds market, Sebi today came out with a proposal that will require large corporates to raise 25% borrowings through this route from next fiscal
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How Will Microsoft Perform In 2019 After A Strong End To Fiscal 2018? Microsoft announced its Q4 fiscal 2018 earnings on July 19, reporting a 17% increase in net revenues to $30.1 billion. The company has reported strong revenue growth from non-computing revenue streams over the last coupl...
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Trade Wars Will Slow Growth

Forbes - 20 Jul 2018 17:38
Trade Wars Will Slow Growth There are no winners in a trade war, that includes the U.S. economy.
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How To Play MasterCard And Alphabet After Recent Bad News MasterCard and Alphabet have fared well in the face of recent bad news. One of my managers, John Archer, was particularly vulnerable because MasterCard is his biggest position and Alphabet is #3. When the market gets roc...
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General Electric sees strength in all its businesses excluding power, chief financial officer Jamie Miller told CNBC's Morgan Brennan.
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Microsoft shares at all-time high after bumper results Microsoft shares rose nearly 4% to $108.20 in early trade, adding more than $30 billion to a market capitalization that was already $802 billion at Thursday's close
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Gold: Brace For A Bad 2nd Half

Forbes - 20 Jul 2018 16:53
Gold: Brace For A Bad 2nd Half Many investors like to keep some gold in their investment portfolio -- "just in case". This may be especially true now, considering recent geopolitical strife. However, a number of our market metrics are now flashing som...
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Trade Fears Back In Focus Despite Solid Microsoft Earnings Results Tech and industrials are both having a good start to earnings season, with Microsoft and Honeywell results in focus this morning. However, trade fears might overshadow some of the positive sentiment from earnings.
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VF also raised its full-year earnings forecast, as demand for its high-margin Vans shoes soared.
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TCNS Clothing IPO subscribed 5.2 times on last day of issue Investors bid for 57.1 million shares, or 5.2 times the 10.1 million shares on offer
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NPK: A Tale Of Two Segments

Forbes - 20 Jul 2018 15:11
NPK: A Tale Of Two Segments The value that could be unlocked in a spin-off, and even the undervaluation of the combined firm, give this stock attractive risk/reward.
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How To Decide Whether You Should Buy Facebook Nate Cuson, an economics major at Vassar College, is trying to decide whether to invest in Facebook.
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