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Market News

Location American Market News for 16 October 2018
How To Trade Johnson & Johnson Using Daily And Weekly Charts Here's how to trade the diverse health care giant post-earnings.
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Bank Earnings to the Rescue? Market Seeing Some Green After Strong Results Today's round of bank earnings adds to what's been a positive start to the season, as Goldman Sachs and Morgan Stanley beat Wall Street analysts' estimates and saw strong Q3 growth in many key businesses. Netflix is up a...
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Gold prices fall today, silver edges lower

livemint.com - 16 Oct 2018 11:55
Gold prices fall today, silver edges lower Gold prices fell by Rs 70 on Tuesday mainly due to slowing demand from local jewellers and muted global cues
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Spot power prices hot, Indian Energy Exchange's shares cold Investors in the Indian Energy Exchange are not sharing the excitement in the spot electricity market, as the stock still trades below its IPO price of ₹1,650
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Cement prices in central India buck the trend in October If a weak trend in cement prices is not challenge enough, costs are on the rise and both together don't bode well for the profitability of cement companies in the near term
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United's net income during the third quarter, which included the peak summer travel season, surged 29.6 percent from a year ago on strong travel demand and higher airfares.
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IBM falls after revenue misses

CNBC - 16 Oct 2018 21:31
IBM again saw declining revenue, following a three-quarter run of growth.
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Netflix soars after crushing earnings

CNBC - 16 Oct 2018 21:31
The company is projecting it will add 9.4 million net subscribers during the fourth quarter.
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Now transfer money between mobile wallets using UPI

livemint.com - 16 Oct 2018 21:30
Now transfer money between mobile wallets using UPI The Reserve Bank of India has issued final guidelines to allow interoperability for prepaid payment instruments, such as mobile wallets
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What's In Store For Philip Morris This Earnings Season? Philip Morris International (NYSE:PM) is set to release its third quarter earnings on October 18, wherein the revenue is expected to decline by 4.2%, as compared to the corresponding quarter of the previous year. A decli...
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Bill Miller On Why The Bond Market Won't Kill The Stock Market Investing legend Bill Miller weighs in on whether the October plunge proves the bond market will kill the stock market.
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SEC Raises Risks For Small-Cap Investors

Forbes - 16 Oct 2018 20:43
SEC Raises Risks For Small-Cap Investors Under a new proposal, nearly 1,000 more companies can omit disclosures that warn investors of potential red flags. This rule change puts investors in micro-cap stocks in more danger.
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Why Big Tobacco Entering The Cannabis Space Makes Sense The cannabis market is booming, with tremendous growth expected in the coming years. According to Canopy Growth Corporation (TSX: WEED, NYSE: CGC), the potential global opportunity is expected to exceed $200 billion by 2...
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More Trouble Ahead For The Markets? Maybe Not After recent declines, what's next for the markets? Commonwealth CIO Brad McMillan says there are reasons to believe the markets are stabilizing and may even head higher.
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What To Watch For In Abbott Labs' Q3 Earnings Abbott Labs (NYSE:ABT) is set to report its Q3 2018 earnings on October 17, and we expect the company to post steady growth, led by its Diagnostics and Medical Devices segments. While the Diagnostics business will likely...
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IL&FS needs a foreign probe: Ex-MD Hari Sankaran

livemint.com - 16 Oct 2018 19:42
IL&FS needs a foreign probe: Ex-MD Hari Sankaran No wrongdoing at IL&FS ever, says Hari Sankaran in response to a government petition at the National Company Law Tribunal (NCLT)
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What Is Lyft's Long-Term Revenue Growth Potential? Ride sharing company Lyft has witnessed exponential growth in its revenues in the past few years. Between 2016 and 2017, the company's net revenues grew by nearly 45%, and reports suggest that for the first half of 2018 ...
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How Much Will Subscription Services Contribute To Amazon's Near-Term Revenue Growth? Amazon has successfully managed to capture a huge chunk of the e-commerce market, particularly in the U.S. While dominating global markets is a long-term goal for the company, it is important for Amazon to maintain stick...
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Upbeat Consumer Banking Performance Helped JPMorgan Overcome Investment Banking Weakness In Q3 JPMorgan Chase posted a stronger-than-expected performance for the third quarter late last week, as optimism surrounding the U.S. economy had a positive impact on several parts of the bank's diversified business model.
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Cost Reductions And U.S. Business Could Drive Ericsson's Q3 Results Telecom equipment major Ericsson is expected to publish its Q3 2018 results on Thursday, October 18. We expect the company's results to be driven by its recent cost-cutting initiatives, potentially stronger demand from t...
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Bank Presidents Acting Like Murphymen

Forbes - 16 Oct 2018 18:31
Bank Presidents Acting Like Murphymen Headmen at banks like JPMorgan Chase and Wells Fargo put on a brave face for their earnings releases. Actually, their numbers on pre-tax earnings comparisons were disappointing along with sluggish growth in revenue and n...
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Does Increased Volatility Mean The Bull Market Is Over? The short answer is only time will tell. But when you step back and analyze the data, odds favor, this bull market has more room to run. The stock market has steadily rallied since 2009 making this the longest bull marke...
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