Market News
After The May Plunge: Buying Opportunity Or Last Chance To Sell?
Forbes - 5 Jun 2019 16:40
The vast majority of money managers and analysts got caught up in the bullish euphoria and once again were holding their positions the entire way down from the April-May top.
S&P 500 Crosses A Dangerous Line
Forbes - 5 Jun 2019 16:35
Last week, a market price signal that has been associated with every major S&P 500 decline since the year 2000 occurred. Specifically, the 20-day moving average fell below the 50-day moving average. That is technical tal...
Boomerang Seems To Continue As Caterpillar, Nvidia, Apple Among Early Gainers
Forbes - 5 Jun 2019 16:10
The momentum appeared to continue early Wednesday following Tuesday's impressive rally. Global stocks were higher, and some of the hardest hit U.S. stocks stayed in the green in pre-market trading.
Salesforce.com Meets Consensus For Revenue, Will Cloud Segment Push The Growth For FY 2020?
Forbes - 5 Jun 2019 22:41
Salesforce.com (NYSE: CRM) announced its Q1 2019 (ended April 2019) results on June 4, 2019, followed by a conference call with analysts. The company's revenue were recorded in line with consensus at $3.7 billion, up by ...
Joe Biden's Cannabis Policy Would Be A Gift To Donald Trump In A General Election
Forbes - 5 Jun 2019 22:14
If the Democrats nominate a Drug War dinosaur like Joe Biden to run against Trump in the general election, the party may not only lose the opportunity to gain the political spoils of championing cannabis-policy reform--t...
Stitch Fix spikes after beating earnings and revenue expectations
CNBC - 5 Jun 2019 22:13
Shares of Stitch Fix soared 26% in after-market trading Wednesday after the company reported it beat earnings and sales expectations.
3 "Perfect" Retirement Buys For 8.5% Dividends And 270% Gains
Forbes - 5 Jun 2019 22:04
It's tough (and very frustrating) trying to get any kind of income stream from your savings these days.
SEC Brings Increased Confusion For Investors With New 'Best Interest' Rule
Forbes - 5 Jun 2019 21:55
The SEC held a vote on June 5 to advance forward four final rules intended to expand the fiduciary and best interest standards of investment advice out to brokers. However, consumer advocates and fiduciary supporters que...
What Could Eat Into Guess Inc's Profitability In Q1 2020?
Forbes - 5 Jun 2019 21:41
Guess Inc (NYSE: GES) is expected to release its Q1 2020 results on June 6, 2019, followed by a conference call with analysts. The company is expected to report revenues of $536.6 million in Q1 2020, marking a growth of ...
ITR filing date may get extended as employers get more time to issue Form 16
livemint.com - 5 Jun 2019 20:36
The extension of deadline for issuing Form 16 would leave fewer days for salaried taxpayers to file their income tax returns.This year the income tax department notified a revised format for Form 16
Russia And China Only Look Like They Are Becoming Buddies. It's Mostly Talk.
Forbes - 5 Jun 2019 20:17
Don't believe the hype. China and Russia are light years away from creating an anti-Western alliance.
Navigating the "New Normal" Economy, The Rules Have Changed, or Have They?
Forbes - 5 Jun 2019 19:44
Following the Great Recession, strong and consistent economic growth is the "New Normal," which means some of the old rules no longer apply.
Why Is Kentucky Congressman Andy Barr So Passionate About Leveraged Loans And CLOs?
Forbes - 5 Jun 2019 19:27
I thought the point of a congressional hearing is to HEAR from the invited witnesses not to berate them. I could not help but notice that Congressman Andy Barr read from a prepared script where he often stumbled over wor...
4 Momentum Stocks to Watch
Forbes - 5 Jun 2019 18:33
These four stocks in the high-momentum technology, biotech and mining areas are on the move.
Cities Are On The Front Line Of Tackling Climate Change - And They Need To Do More
Forbes - 5 Jun 2019 18:25
More than half the world's population now live in cities, which are responsible for more than 70% of global emissions. CDP's new ranking shows that few cities are doing enough to tackle the impacts of climate change and ...
Campbell raises profit forecast on snack boost, shares up 10%
CNBC - 5 Jun 2019 18:17
Campbell Soup raised its profit forecast for the year on Wednesday after its quarterly earnings beat estimates on stronger sales of its growing range of snacks, sending its shares up nearly 10%.
It's Not The Planes That Mitsubishi Heavy Is After In Eyeing Purchase Of Bombardier's CRJ Regional Jet Line
Forbes - 5 Jun 2019 18:04
For the Japanese company, which is working to launch its first passenger jet, acquisition of the money-losing CRJ would solve its hardest remaining problem: product support and maintenance.
There's a drawback to the Fed rate cuts the market so craves: It could wreck bank earnings
CNBC - 5 Jun 2019 17:53
Bank earnings could get slashed by 10% if the Fed cuts rates by 75 basis points, Bank of America Merrill Lynch said.
Pivotal Software's Implosion Is A Warning For Holders Of Highly-Valued Tech Stocks
Forbes - 5 Jun 2019 17:42
Pivotal shares have plummeted more than 40% in this morning's trading on the back of a disappointing earnings report.
Opinion | Picking a credit card that suits your wallet, caters to your needs
livemint.com - 5 Jun 2019 17:08
If you shop a lot online, go for cards that offer higher rewards for online transactions
GAAP Earnings Underestimate Regal Beloit's Turnaround
Forbes - 5 Jun 2019 15:32
This firm has dramatically improved its profitability since adding ROIC to its exec comp plan, has a cheap valuation and significant growth opportunities.
Three little-known facts about ATMs
livemint.com - 5 Jun 2019 15:29
The process of cash withdrawal has become much simpler, given that the machines are automated.To prevent users from removing the card, the ATM pins it down and holds it while the transaction is underway