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Market News

Location American Market News for 22 August 2018
Trump's Resignation: A Cost-Benefit Analysis Thanks to Michael Cohen's guilty plea, President Trump has effectively become an unindicted co-conspirator in a crime. Resignation may now be his best option. This column presents a benefit-cost analysis to help the Pres...
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Why Trump need not worry about quarterly reporting of earnings Quarterly earnings reporting ensures more information symmetry among institutional and individual investors
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Look For Oil Industry Divergence If Aramco's Public Offering Is Nixed After reports that Aramco will not, in fact, go public, how will the oil industry be impacted?
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What Will Drive Medtronic's Near-Term Growth Medtronic (NYSE:MDT) recently posted its Q1 FY19 numbers, which were better than street estimates, led by a strong growth in the diabetes business. The company also revised its guidance upward, and expects strong growth ...
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Fuze Raised $484M To Take On Skype And WebEx In $100B Market Just because you're targeting a big market, it doesn't mean you'll be a successful company. Fuze has competition from WebEx, Skype, and Avaya which it says it mostly beats. Will it go public in 2020?
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A Cancelled Aramco IPO Could Mean Political Trouble For Saudi Rulers The world's largest IPO has reportedly been called off, but this may prove politically tricky for the Saudi royalty.
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Could Smaller Pot Companies Be Targets After The Constellation -- Canopy Deal? Last week, beer and wine company Constellation Brands (NYSE: STZ) announced that it would be investing about $4 billion into marijuana producer, Canopy Growth Corporation, as it looks to get a head start in the market fo...
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Aramco IPO plan halted, oil giant disbands advisors: report The financial advisors working on the proposed IPO have been disbanded, as Saudi Arabia shifts its attention to a proposed acquisition of a 'strategic stake' in local petrochemicals maker Saudi Basic Industries Corp
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What Will Drive Intuitive Surgical's Near Term Growth Intuitive Surgical (NASDAQ:ISRG) has seen a double digit growth in its installed base in the recent quarters, and this has aided its Instruments and Accessories, as well as Services revenue growth. Also, increased da Vin...
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2 Cheap FTSE 100 Stocks For Earnings And Dividend Growth These Footsie stocks are ideal 'all-rounders' that could make you a tidy profit.
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Blood In Silicon Valley: Google And Facebook Are No Longer Invincible No longer are we amazed at the incredible growth of these fast-paced startups that promised to disrupt our world.
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Target Posts 'Unprecedented' Results, Outpacing Even Its Successful Retail Rivals Target scored yet another point for brick-and-mortar retailers as it reported its best quarterly comparable sales in 13 years and traffic to stores picked up to its fastest pace in 10 years. And don't just credit the imp...
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Russia's Gazprom Clobbers Exxon As World's Biggest Energy Investor Russians outspending Americans two to one on global oil and gas projects.
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Bitcoin Looks Unlikely To Cross $10,000 Again This Year July was a solid month for cryptocurrencies overall, with the price of Bitcoin reversing the steady declines seen over the previous two months to hover around $8,200 around the end of the month.
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Stupid Money Risk Is Real - Tesla Could be Next Prime examples of how stupid money acquisitions can hurt acquirers even more than the short sellers.
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A New 6.1-Inch iPhone Could Be Apple's Most Important Device Since iPhone 6 Apple's iPhone line-up looks set for a big refresh this fall, with the company expected to launch three new devices. While Apple is likely to introduce a 5.8 inch iPhone X and a plus-sized version of the iPhone X, it is ...
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Starwood Preferred Guest Credit Card Reduces Rewards Points This change could impact how your credit card earns travel rewards.
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Gold prices rise for third day in a row, silver rates ease Continued buying by local jewellers and positive global sentiment has helped gold prices to recover from recent lows. Gold prices added another Rs 50 to Rs 30,650 per 10 grams
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Five Reasons To Be Bullish About Investing In BP The oil giant impressed the most among its peers during in the earnings season and has unveiled a series of signature moves.
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Lowe's on Wednesday reported second-quarter earnings and revenue that surpassed analysts' expectations, but same-store sales fell short and weren't nearly as strong as those of rival Home Depot.
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Videogames' Epic Shootout Coming This Fall

Wall Street Journal - 22 Aug 2018 11:50
This fall the industry will launch a series of major first-person shooters, while "Fortnite" is poised to begin a new season. That may prove to be a bit too much action for some game publishers.
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Target has been focused on investing back into its business ever since it laid out a strategy at the start of last year to pour $7 billion into expanding its e-commerce platform and remodeling stores.
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