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Market News

Location American Market News for 9 November 2018

Initiative Q Won't Solve Bitcoin's Problem

Forbes - 9 Nov 2018 03:05
Initiative Q Won't Solve Bitcoin's Problem Initiative Q should be compared with Stellar, not Bitcoin.
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Forbes Asia Investment Briefing: Long Road Ahead In Trade War Negotiations In this episode of the Forbes Asia Investment Briefing, Le Xia of BBVA discusses the U.S.-China trade war, and is optimistic that in the wake of the midterm elections, the U.S. and China will have an incentive to come ba...
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Home Depot's Digital Sales To Drive Revenue Growth In The Third Quarter Home Depot (NYSE:HD) is scheduled to report its third quarter earnings on November 13, wherein a 5% growth in sales and an over 23% improvement in earnings is expected. After a disappointing first quarter, due to colder ...
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Strong Buildings Segment Growth Ensures A Good End To Johnson Controls' Financial Year Johnson Controls (NYSE: JCI) reported a strong final quarter of FY 2018 (three months ended September 2018), with earnings meeting consensus expectations and sales beating the projected numbers. The increased focus of th...
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Natural Gas Prices Are Jumping Today And I Believe This Move Will Continue In 3Q18 the U.S. consumed 73.26 bcf per day of natural gas, more than 10% above the 66.88 bcf per day consumed in the year-ago period. The U.S. economy is just plain rockin', as this country is well on its way in 2018 to...
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Discover Saw Strong Q3 Card Purchase Volumes On The Back Of Upbeat Market Conditions The six largest U.S. card issuers reported total Q3 purchase volumes of $569 billion for their retail credit cards - representing just under 61% of the total credit card purchase volume of $934 billion for the U.S. in th...
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Eight REITS For Growth & Income

Forbes - 9 Nov 2018 17:15
Eight REITS For Growth & Income Buying shares in select real estate investment trusts can be a strategy to prosper through the next bear market. Four experts who follow REITS and contribute regularly to MoneyShow.com offer their picks.
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Why Did AmEx's U.S. Card Purchase Volume Decline In Q3 Despite Strong Industry Conditions? The U.S. credit card processing industry swelled to a record $934 billion in size over Q3 2018, as upbeat consumer sentiment continued to drive discretionary spending for a second consecutive quarter.
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Battery Energy Storage Is A $1 Trillion Opportunity As Costs Continue To Crash The battery energy storage market is increasingly moving centre stage, and as costs continue to fall, Bloomberg NEF predicts it will attract $1.2 trillion of investment by 2040. Nonetheless, it will be dwarfed by the ele...
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Analysts Predict 10% Upside For The Health Care Select Sector SPDR Fund ETF For the Health Care Select Sector SPDR Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $102.46 per unit.
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Though analysts are impressed with Disney's studio revenue, which grew 50 percent from the prior year, many focus on its new over-the-top strategy known as Disney+.
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Surprising Analyst 12-Month Target For The WisdomTree U.S. MidCap Dividend Fund ETF For the WisdomTree U.S. MidCap Dividend Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $39.75 per unit.
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Gold prices fall for third day, silver rates slump

livemint.com - 9 Nov 2018 14:40
Gold prices fall for third day, silver rates slump Prices of gold 99.9% and 99.5% purity today fell to Rs 32,250 and Rs 32,100 per 10 grams
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Trump's Pick For Next AG Could Signal His Intentions On Cannabis Reform With Jeff Sessions gone, the table has been cleared for a new Attorney General--that could be either very good or very bad for the cannabis industry. Despite the uncertainty, however, there's still reason to be hopeful.
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Sensex, Nifty end lower on weak global cues

livemint.com - 9 Nov 2018 13:14
Sensex, Nifty end lower on weak global cues 30-share Sensex falls 79.13 points, or 0.22%, to close at 35,158.55; NSE Nifty loses 13.20 points, or 0.12%, to end at 10,585.20
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Sensex, Nifty struggle; Bharti Airtel shares fall 3% Bharti Airtel shares were the top loser among Sensex stocks. Among gainers, Yes Bank, Asian Paints, Adani Ports and Sun Pharma were up over 2%
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RITES, Fine Organic Industries shares stand out among newly listed companies Shares of RITES have surged 45.94% over its IPO issue price while Fine Organic Industries has given a smart return of 42.91% from its IPO price.
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Oil's rollercoaster ride: From forecasts of $100 to 20% fall in a month Oil's retreat has increased pressure on OPEC and its allies to cut supply just months after adding barrels
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Rupee, bonds gain as crude oil prices ease

livemint.com - 9 Nov 2018 05:58
Rupee, bonds gain as crude oil prices ease At 9.15 am, the 10-year government bond yield stood at 7.767%, down from its previous close of 7.799%.
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Fed stands pat on rates but signals December hike

livemint.com - 9 Nov 2018 05:46
Fed stands pat on rates but signals December hike By keeping the door open to a fourth 2018 hike in December, Fed officials are sticking to their gradual upward path
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Poor margin growth weighs on Pidilite's earnings estimates To curb margin erosion, Pidilite recently took price hikes of around 3-5% in select categories
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The after-effects of a dull summer season linger on for Voltas investors Margins almost halved as input cost pressure and intense competition weighed on realizations
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