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Market News

Location American Market News for 28 August 2018
Asian currencies rise as US-Mexico deal eases trade worries Analysts say reprieve for regional currencies temporary since the US and China are unlikely to resolve their trade dispute anytime soon
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Why Markets Rallied on Trump's Trade Deal

Wall Street Journal - 28 Aug 2018 03:32
The bilateral trade deal with Mexico and any subsequent agreement with Canada may create some frictions for companies and consumers, but it is a relief compared to what might have been.
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HPE rises on revenue growth

CNBC - 28 Aug 2018 22:12
Hewlett Packard Enterprise said it grew revenue by 3.5 percent in its fiscal third quarter.
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Are Institutional Investors A Leading Indicator For Financial Advisors? Exploring investment interests of institutional investors and advisors - utilizing past behavior to predict the future.
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How To Trade The Dow, S&P, Nasdaq, Transports And Russell 2000 Based On Daily Charts All five major equity averages are above what's called a "golden cross," which occurred when the 50-day simple moving average crossed above its 200-day simple moving average, indicating that higher prices lie ahead.
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Why Best Buy Remains Relevant In The Age of Amazon As specialty retailers like Toys "R" Us and The Sports Authority have gone out of business, Best Buy has proved itself a viable brick-and-mortar retailer even in a category that's seen a much earlier and faster shift to ...
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Hitting The Target: How The Store Chain Is Stacking Up How The Target Chain Is Stacking Up Against Competitors
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Salesforce Set To Post Another Solid Quarter Backed By Growing Demand For Cloud-Based Products With a track record of strong performances over the past few quarters, Salesforce.com (NYSE: CRM) is slated to report another solid quarter on 29th August 2018. The rising demand for cloud solutions and integrated end-to...
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Hollister Expected To Drive Growth For Abercrombie & Fitch In The Second Quarter Abercrombie and Fitch's (NYSE:ANF) positive momentum in the back half of FY 2017 and Q1 2018 is likely to continue in the second quarter as well, with the company expected to post an over 8% sales growth, and a net loss ...
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Does Marijuana Stock Cronos Group's Rally Have Legs? Marijuana company Cronos Group saw another big rally, rising by over 20% in Monday's trading following reports that liquor major Diageo PLC is holding discussions with multiple Canadian cannabis companies to purchase a s...
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Is Apple's Soaring R&D A Sign Of Good Things To Come? Apple's research and development spending has been trending higher, growing at a CAGR of about 25% between FY'14 and FY'17. That said, the higher R&D spending isn't exactly translating into meaningfully higher profitabil...
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U.S. Bancorp Bucks Industry Trend By Continuing To Grow Its Mortgage Servicing Portfolio The U.S. banking industry has seen the total size of its mortgage servicing portfolio shrink steadily since 2012, as increased capital requirements for mortgage servicing rights after the downturn made the business less ...
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SBI plans to sell 3.89% stake in NSE

livemint.com - 28 Aug 2018 18:21
SBI plans to sell 3.89% stake in NSE Banks, including the SBI, have decided to exit non-core business and focus on their core activity
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The Why, When And How Of Board Refreshment

Forbes - 28 Aug 2018 17:03
The Why, When And How Of Board Refreshment Do board directors have a shelf life? If so, how do boards go about evolving and ever-improving their composition? Here are some suggestions.
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Jet Airways stock erases early losses, gains nearly 5% Jet Airways stock bounced back from intra-day low -- down 3.5% -- and jumped 4.61% to end at ₹294.80 on BSE
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Don't Be An Investing Patsy

Forbes - 28 Aug 2018 16:00
Don't Be An Investing Patsy If you are sitting at a poker table for 30 minutes and can't figure out who the patsy is, the patsy is you.
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ITR filing deadline extended for Kerala due to floods The deadline for ITR filing for taxpayers across the country is 31 August
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5 Dividend Aristocrats Where Analysts See Capital Gains 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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Trade Deal, On Heels Of Seemingly Dovish Fed Comments, Helps Keep Stock Market In Record Territory Enthusiasm about a trade deal between the United States and Mexico seemed to spill over into a second day Tuesday, a day after news of an agreement appeared to lessen worries over the administration's trade policies.
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Aerie And Digital Segment To Drive Growth For American Eagle In The Second Quarter American Eagle Outfitters' (NYSE:AEO) positive momentum is expected to continue in the second quarter, with an 11% growth in sales and a 63% improvement in earnings anticipated by analysts. Impressive results posted by U...
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Bitcoin posts longest rally in a month as charts turn bullish Bitcoin, the biggest cryptocurrency, climbed as much as 4.7% today to $7,035, the highest since 3 August, on course for the first close above its 50-day average since July
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Why Your Student Loan Watchdog Abruptly Resigned The top consumer watchdog for student loans just resigned. Here's what you need to know.
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