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Market News

Location American Market News for 27 June 2019

Libra Is Facebook's License To Print Money

Forbes - 27 Jun 2019 22:55
Libra Is Facebook's License To Print Money Facebook can give its currency the scale needed to achieve a stable value by pricing its services in Libra.
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10 Energy And Environment Questions The Democrat Candidates Need To Answer Voters need to know about where Democrats stand on energy and the environment. Here are some questions candidates need to answer.
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July's Market Faces Ongoing Geopolitical Issues On Several Fronts Next month, investors can keep an eye on any changes in the Fed tone regarding interest rates as well as earnings and the U.S.-China tariff situation.
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Buy Gold, Sell Bonds

Forbes - 27 Jun 2019 23:25
Buy Gold, Sell Bonds If you're considering tweaking your strategy for the second-half of the year, I have four words for you: Buy gold, sell bonds.
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Nike sold more sneakers and gear during the fiscal fourth quarter than Wall Street expected, helping to boost revenues by 4% to just over $10 billion.
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Consumer Confidence Drops -- Why Does It Matter? Commonwealth CIO Brad McMillan discusses the recent consumer confidence report, which showed a concerning drop from last month.
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What Are The Best Places To Be In The Equity Markets? After a decade long outperformance of the market beta factor, a close look at other Fama-French factors might be warranted.
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Can Roche's #1 Therapeutic Area With $28 Billion In Revenue Grow Further? Roche Holding's (NASDAQ:RHHBY) oncology portfolio is its largest therapeutic area and it will likely remain flat with revenues of around $29 billion over the next few years, as growth in sales of newer drugs, such as Kad...
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China Trade War Update: Global Supply Chains Shifting, But Asia Not Easy Winner Only one country stands out as a winner in the trade war so far. It's not the U.S.
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Look Under The Hood: The Vanguard Mega Cap Value ETF Has 10% Upside For the Vanguard Mega Cap Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $88.43 per unit.
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Whatever You Do, Don't Get Your Hopes Up On G20 Trump-Xi Meet Surprise! Markets are hopeful of a trade war ceasefire. Don't get too excited about that.
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Adding Up The Components: S&P 500 Could Rise 10% For the SPDR S&P 500 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $318.45 per unit.
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Thin Spread: Action Could Be Light Today And Tomorrow As Investors Await Trade Meeting Thin trading is probably going to be the theme of the day both today and tomorrow. It's hard to see many people wanting to take big new positions ahead of G-20. Meanwhile, some earnings data showed up this morning and GD...
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Implied iShares Select Dividend ETF Analyst Target Price: $108 For the iShares Select Dividend ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $108.35 per unit.
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Earnings estimates are essentially "flattish" for 2019 compared to 2018. This puts stock investors in a difficult position.
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Advertising Agency Resigns The Nivea Account After Turmoil Possibly Including Gay Remarks An internal memo to employees written by the ad agency FCB's CEO Carter Murray, says that the agency will resign its global Nivea account when contracts expire at the end of the year.
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Sebi sets new rules for liquid mutual funds

livemint.com - 27 Jun 2019 13:32
Liquid mutual fund schemes will have to hold at least 20% in liquid assets like gilts.The market regulator also issued fresh guidelines for pledged shares
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A finance ministry official has told the labour ministry that the proposed rate of EPF return 'is not in line' with the EPFO's rules.The EPFO has so far deferred payment of interest to its members
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Higher prescription drug sales help the company regain its footing after CEO Stefano Pessina dubbed last quarter "the most difficult" since the company was formed.
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China Could Be The Next Catalyst For Bitcoin, ETH, And XRP To participate in the digital currency revolution, China should "let 1000 Libra's rise," allow Chinese Internet giants develop their own versions of Facebook's Libra.
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Trump And Xi At G20: How China Became The Biggest Threat To The U.S. The reality that Beijing has been able to drive economic growth without adopting democratic reforms has radically changed how Western nations see China today.
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Japan Beats China In The Philippines, Singapore, and Vietnam Japan, not China, is the biggest investor in Philippines, Singapore, and Vietnam.
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