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Market News

Location American Market News for 17 January 2019

Zimbabwe's Monetary Death Spiral

Forbes - 17 Jan 2019 03:01
Zimbabwe's Monetary Death Spiral President Mnangagwa's pledge that Zimbabwe is "open for business" rings hollow. With a recent surge to an annual inflation rate of 236%, protests have sparked. As long as Zimbabwe continues to produce its own money, name...
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Remembering Jack Bogle, colossus of mutual fund industry Vanguard founder Jack Bogle turned the mutual fund industry on its head more than 30 years ago by thinking of and acting in the interest of the retail investor.
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The company is guiding toward lower-than-expected results for the first quarter of 2019.
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Will Delivery Sales Constitute A New Source Of Revenue For McDonald's By 2021? McDonald's (NYSE:MCD) reported a strong quarter Q3 beating consensus expectations, with revenues at $5.37 billion and earnings at $2.10 per share. Global comparable sales increased by 4.2%. The company's long-term goal i...
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Everything Not Zen: Finding Return Opportunities Amidst Renewed Market Volatility - Part II If the stock market's recent volatility has made you optimistic about the future of investing, I salute you. If not, let me take you on a journey that will hopefully change your mind.
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LSE's 'Companies To Inspire Africa 2019' Report Shows 46% CAGR Revenue The latest annual edition the London Stock Exchange's 'Companies to Inspire Africa' report has been launched. Spanning over 350 companies from 32 countries across the continent, it identifies some most dynamic growth bus...
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In Argentina, If Macri Wins 2019, The IMF Wins Too Christine Lagarde needs Mauricio Macri. Macri might need Cristina Kirchner.
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Ex-Soviet State Uzbekistan Considers New Crypto Move New government run digital economy policy agency wants to bring STOs to frontier nation in Central Asia.
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IOSCO Recomends Best Practices For Auditors

Forbes - 17 Jan 2019 19:39
IOSCO Recomends Best Practices For Auditors IOSCO, the global standard setter for securities regulation, published important guidance based on good practices for audit committees of listed companies in supporting external audit quality. High-quality audits are ess...
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Solar Power Outperforming Wind As Renewable Energy Becomes Commonplace Green electricity projects are gradually ditching their niche status as U.S. and European proliferation continues
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Should Cronos Group Scale Up Its U.S. Business? Cronos Group had a relatively solid 2018, driven by the legalization of recreational marijuana in its home market, Canada, and a $1.8 billion investment from tobacco major Altria group.
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Market Continues To Be Suspicious Of China Stimulus China stimulus depends on credit expansion. Will Xi Jinping take one for the team?
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We Did The Math And The iShares Russell Top 200 Growth ETF Can Go To $87 For the iShares Russell Top 200 Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $87.22 per unit.
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Is Bitcoin Building Support Above $3,500?

Forbes - 17 Jan 2019 18:59
Is Bitcoin Building Support Above $3,500? Will bitcoin break out of its price range soon?
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Sharp market declines in December showed that, while they've made progress diversifying their businesses, big banks like Morgan Stanley are still exposed to the whims of the market.
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Netflix Earnings: High Expectations For Subscriber Additions After Last Quarter's Beat Video streaming giant Netflix, Inc. reports earnings after the closing bell on Thursday, January 17. Its quarterly reports comes on the heels of a price hike for U.S. subscribers. Here's a look at what might be expected ...
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Look Under The Hood: The Invesco S&P 500 Equal Weight ETF Has 20% Upside For the Invesco S&P 500® Equal Weight ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $115.28 per unit.
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Just days after raising prices, Netflix reports earnings after the bell and Wall Street is raising its expectations into the release.
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How The Pieces Add Up: The SPDR S&P Dividend ETF Targets $102 For the SPDR S&P Dividend ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $102.11 per unit.
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US markets slip at open after Morgan Stanley results

livemint.com - 17 Jan 2019 17:00
US markets slip at open after Morgan Stanley results US markets dipped at open today, retreating from 1-month highs, hit by losses in financial stocks after Morgan Stanley's weak results and energy shares hurt by a drop in oil prices
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Four Top Stock Picks For 2019: AbbVie, IBM, McCormick And Starbucks We asked the industry's top newsletter advisors for their stock picks. Four stocks - AbbVie, IBM, McCormick and; Co. and Starbucks - are among 100+ in the MoneyShow.com 2019 Top Picks Report available for free download.
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Why Vanguard's Jack Bogle Was My Friend And Helped Millions of Others Jack Bogle was a friend to millions of investors. Here's why his legacy will last forever.
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