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Market News

Location American Market News for 20 August 2018

How Has China Mobile Fared So Far In 2018?

Forbes - 20 Aug 2018 19:44
How Has China Mobile Fared So Far In 2018? China Mobile, the largest Chinese wireless carrier, had a relatively mixed first half of 2018, as growth in its core mobile business began to show some signs of slowing down
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Route Mobile's ₹600 crore IPO gets Sebi approval

livemint.com - 20 Aug 2018 15:19
Route Mobile's ₹600 crore IPO gets Sebi approval Route Mobile's IPO comprises fresh issue of shares worth ₹350 crore and an offer-for-sale of up to 65 lakh shares by founders Sandipkumar Gupta and Rajdipkumar Gupta
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China Trade War: Where Are We Now?

Forbes - 20 Aug 2018 00:02
China Trade War: Where Are We Now? A look at trade impacts and the Made in China products whacked by Trump.
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For Jackson Hole: Using MBS, The Fed Can Slow The Economy With Fewer Rate Hikes The Fed should kill two birds with one stone by reducing its rate-hike path and instead more rapidly decreasing MBS on its balance sheet.
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This Autumn Could Bring 'The Fall' To The S&P 500 In investing, Autumn and Fall are often synonymous. After all, many of the biggest drops in the S&P 500 Index have occurred around this time of the year. It has happened often enough that we should consider the possibili...
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Expect GPUs To Continue To Drive Nvidia's Earnings Growth Nvidia (NASDAQ:NVDA) is seeing solid growth in its GPUs segment of late, led by higher demand for its gaming GPUs. However, there has been a significant decline in sales of cryptocurrency-specific products. This trend wi...
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What Constellation Brands' Massive Investment In Canopy Growth Corp. Means For Both Companies Shares in Canopy Growth Corporation (TSX: WEED, NYSE: CGC) jumped over 30% after a $4 billion (~CAD 5 billion) investment by alcoholic beverage giant Constellation Brands (NYSE: STZ) was announced. This heavy investment ...
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Trading Revenues For Largest U.S. Banks Exceeded $20 Billion For Second Consecutive Quarter The five largest U.S. investment banks followed up their extremely strong securities trading performance for the first quarter of the year with another strong showing in Q2 2018
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What Drove China Telecom's First-Half Earnings Beat? China Telecom, the smallest of the three major Chinese wireless carriers, published its financial results for the first half of 2018 on Monday, beating market estimates.
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Can Lowe's Match Home Depot's Performance In The Second Quarter? Lowe's (NYSE:LOW) is scheduled to report its second quarter results on August 22, wherein a substantial rise in both revenues and earnings is expected. Unseasonably cold weather played a dampener in Lowe's first quarter ...
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Seizing Opportunity In Southeast Asia's Energy Market A combination of dwindling domestic resources and environmental concerns are driving Southeast Asian government planners and the market to liquefied natural gas (LNG).
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Pi Ventures raises $6 million from UK's CDC Group

livemint.com - 20 Aug 2018 18:48
Pi Ventures raises $6 million from UK's CDC Group The fund will be used to invest in start-ups with deep-tech capabilities, or ventures building products using technologies such as AI and machine learning, pi Ventures said
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Retail earnings are in full swing, and this week it's Lowe's and Target's turn as two of the big-box retailers report on their recent quarters. Only one looks a winner to these market watchers.
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Target Earnings: What Might Be Expected For Q2? Big-box retailer Target reports earnings before market open Wednesday, August 22. Here's a look at what might be expected from its quarterly report.
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We Did The Math: The iShares Russell Mid-Cap ETF Can Go To $240 For the Shares Russell Mid-Cap ETF we found that the implied analyst target price for the ETF based upon its underlying holdings is $240.50 per unit.
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Lessons For The Eurozone From The Greek Debt Crisis Greece has exited its bailout programme, to much rejoicing. But there are lessons to be learned not only by Greece, but also by the Eurozone leadership. Let's not forget whose crisis this really was.
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Abbott Labs Is a Rare Growth Story in Health Care

Wall Street Journal - 20 Aug 2018 16:35
The reason to buy shares in Abbott Labs is simple:The company is growing its top line faster than just about any health-care company of comparable size and since it doesn't sell pharmaceuticals in the U.S., it is relativ...
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Is GameStop A Value Or A Value Trap? Here's How To Know As the market bumps against historic highs, it's tempting to look to comparable multiples to find undervalued companies. But to truly know whether a company with a low P/E multiple is a value or a value trap, you must un...
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Gold investors 'give up hope' as biggest short in history builds Gold's 9% tumble this year belies the turmoil in emerging markets and jitters over technology companies, the anchor of the US equity bull market
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Bursting the Micro-Bubble -- Part 1

Forbes - 20 Aug 2018 15:37
Bursting the Micro-Bubble -- Part 1 There is a "micro-bubble" in certain tech stocks, where valuations reflect expectations for future cash flows that would require unrealistically high margins, growth, and market share.
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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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Sequoia-Backed Clari Growing At 300% In $52B CRM Market The CEO of this Silicon Valley startup says his company is nipping at the heels of Salesforce. But Salesforce seems to be copying its best features. Can Clari find a new growth vector and go public?
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