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Market News

Location American Market News for 15 November 2018
How Vodafone Idea's $3.5 billion fundraising impacts the telecom battle in India A more aggressive stance from Vodafone Idea will make the market share battle against Reliance Jio and Airtel uglier. As such, things may get worse before they get better on the profitability front
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Goldman Sachs CEO 'personally outraged' by 1MDB scandal Goldman Sachs shares dropped for a fifth straight day on Thursday, putting it on track for the biggest five-day slump in seven years and cutting its valuation by more than $10 billion
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What's Volkswagen's Fundamental Value Based On 2018 Expected Results? Volkswagen AG ADR (OTCMKTS: VWAGY) released its third quarter results and conducted a road show with Bernstein in London on November 6th, 2018. The company has increased the delivery to customers by 4.2% y-o-y in the fir...
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Stock Market Slide: What's The Big Picture?

Forbes - 15 Nov 2018 21:03
Stock Market Slide: What's The Big Picture? Although the downward slide in the stock market continues, Commonwealth CIO Brad McMillan says the fundamentals remain strong.
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How To Buy This Chinese Social Media Leader For Less Than 6x EBIT SINA and Weibo saw their stock prices plummet by 50% or more since their recent highs on trade war concerns and the unexpected rise of Douyin, a Snapchat-like short-video platform that has already reached 500 million mon...
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Sum Up The Parts: The S&P 500 Has 16% Upside For the SPDR S&P 500 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $314.40 per unit.
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What's The Outlook Like For Schlumberger In International Markets? Schlumberger posted a relatively mixed performance over the last quarter, as the North American market - which is the biggest driver of Schlumberger's growth - has faced some hiccups on account of weaker activity in the ...
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Is BlackRock Losing Its Edge In The ETF Industry? The global exchange-traded funds industry nudged lower in size over the third quarter of 2018 despite a strong inflow of assets around the world due to currency headwinds from a strengthening U.S. dollar over the period.
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Why GreenSky Is Worth A $16 Price Estimate

Forbes - 15 Nov 2018 19:11
Why GreenSky Is Worth A $16 Price Estimate GreenSky saw its shares tank more than 35% early last week despite reporting a strong performance for the third quarter, as the FinTech company lowered its guidance for full-year 2018 due to industry headwinds.
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Analysts Anticipate The Invesco QQQ ETF Will Reach $194 For the Invesco QQQ ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $193.56 per unit.
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How The Pieces Add Up: The First Trust Financials AlphaDEX Fund ETF Headed For $35 For the First Trust Financials AlphaDEX Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.77 per unit.
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Global Money Managers Rush To Raise Mexican Infrastructure Funds Before New Government Takes Office International institutional investors are rushing to raise Mexican infrastructure funds amid the prospect that the country's incoming nationalistic government might make it harder for local pension funds to invest in suc...
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Sell Oracle Stock After Warren Buffett's 41.4M Share Buy When Warren Buffett chomps on old tech companies, it's time to look out below. That happened with IBM, Apple has fallen 19% from its peak, and Oracle seems stuck in the mud.
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Walmart Is Latest Retailer to Beat Earnings, While Brexit Keeps Investors Guessing Walmart's earnings were another feather in the cap for retail, even if revenue just missed estimates. Strong online and same-store results are arguably the big takeaways. Cisco also looked good, and Nvidia waits in the w...
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Analysts Anticipate 17% Upside For The Holdings Of The SPDR Portfolio S&P 500 Value ETF For the SPDR Portfolio S&P 500 Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.64 per unit.
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ING sells Kotak Mahindra Bank shares worth ₹1,440 crore ING sold 1.27 crore shares in Kotak Mahindra Bank at an average price of ₹1,130, valuing the transaction at ₹1,440.26 crore
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Why Are Oil Prices Dropping Sharply? Global Economy Forecast Softer Oil prices jumped in September and early October of this year (2018), but have dropped $20 a barrel in the last few weeks. What's happening now is change in thinking about future economic growth.
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3 Stocks To Buy Before 2019 (Dividends Up To 6.5%) Now that the election's over, it's time for us contrarians to get greedy!
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NHPC board okays share buy-back at ₹28 apiece for ₹600 crore The board approves the buy-back by NHPC of its fully paid-up equity shares of ₹10 each not exceeding 21,42,85,714 equity shares at a price of ₹28 per equity share
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Betsy DeVos Sued Again For Delaying Student Loan Forgiveness A new lawsuit alleges that Betsy DeVos and The U.S. Education Department delayed student loan forgiveness for students.
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How To Use Insurance To Safeguard Your Retirement What if you depend on two breadwinners to contribute toward retirement, and one of them dies prematurely?
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J.C. Penney in October filled its vacant CEO role with Jill Soltau, the former CEO of Joann Stores. Soltau came after a string of executive departures, including former J.C. Penney CEO Marvin Ellison and CFO Jeffrey Davi...
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