Market News
Don't Make These Classic Investment Mistakes
Forbes - 28 Jun 2019 16:21
The investment world is a confusing, opinionated and noisy place. Here are 2 classic investment mistakes that are very common: 1) trying to time markets and 2) stock-picking your way to investment success. I'll explain h...
Which U.S. Regions Can Eldorado-Caesars Focus On To Achieve Meaningful Growth In The Long Run?
Forbes - 28 Jun 2019 17:12
After agreeing to merge with Caesars, Eldorado's management indicated that the company will realize $500 million in synergies during the first year and increase long-term growth prospects. Trefis discusses recent trends ...
How Does Goldman's Investment Banking Business Compare With Its Peers?
Forbes - 28 Jun 2019 16:58
Per Trefis estimates, Goldman Sachs' investment banking revenues (i.e. advisory & underwriting fees) could increase from $7.9 billion in 2018 to $8.1 billion in 2021. This growth will likely be led by higher fees from it...
Brazilian Justice Minister Sergio Moro's Moral Battle With Glenn Greenwald's The Intercept
Forbes - 28 Jun 2019 14:00
Brazil's anti-corruption hero, Justice Minister Sergio Moro, is in the cross hairs after journalist Glenn Greenwald's The Intercept published a series of stories with leaked information showing what appears to be collusi...
Why Is There Doubt About Powell's Dumpability?
Forbes - 28 Jun 2019 21:46
Federal Reserve Chairman Powell denies that President Trump can legally fire him, an action that could affect the future path of interest rates. An expert of Federal Reserve history says one of Powell's predecessors WAS ...
G20 Weekend: Huawei May Be Insurmountable To Improved China Trade Variable
Forbes - 28 Jun 2019 21:22
Xi Jinping will have to be somewhat of a contortionist to free Huawei from U.S. restrictions.
Why Weak Inflation Alone Should Not Trigger Rate Cuts
Forbes - 28 Jun 2019 21:08
Economic observers have recently worried about a new threat - too little inflation. While weak inflation gives the Fed more room to ease, recent policy decisions have eroded the Fed's credibility. That which means any ma...
Corteva Spinoff An Unfamiliar Gem For DowDuPont Shareholders
Forbes - 28 Jun 2019 20:55
Earlier this month DowDuPont spun-off a true gem of a business. It is a dominant player in its industry which has high barriers to entry. The company is reasonably valued, conservatively financed and sentiment towards th...
Sonnenfeldt's Tiger 21, Investment Group For The Ultra-Rich, Sells Major Stake To Private Equity, Appoints New CEO
Forbes - 28 Jun 2019 20:54
Tiger 21, an exclusive investment club for the ultra-rich founded by Michael Sonnenfeldt, has sold a major stake to a private equity firm and appointed Timothy Daniels as CEO.
What Are NetApp's Key Sources of Revenue?
Forbes - 28 Jun 2019 20:29
NetApp (NASDAQ: NTAP) has three primary businesses - Product, Software Maintenance, and Services. Below we expand on these sources of revenue, their recent performance, and what to expect going forward. You can view our ...
Key Takeaways From BlackBerry's Q1 Results & What To Expect In Q2
Forbes - 28 Jun 2019 20:14
BlackBerry (NYSE:BB) published its Q1 FY'20 results on Wednesday, June 26, reporting earnings that were roughly in line with analysts' estimates. In this note, we take a look at trends that drove the company's results ov...
Can Salesforce's Acquisition of Tableau Reduce Annual Operating Expense In the Next 3 Years?
Forbes - 28 Jun 2019 19:45
Trefis estimates that the Tableau acquisition will decrease Salesforce.com's (NYSE: CRM) Operating expenses (after adding Tableau) to a total of $155 million over the next 3 years. We will discuss this below in detail. Y...
When Will Roku Break Even?
Forbes - 28 Jun 2019 19:22
We have initiated coverage for streaming media player maker Roku (NASDAQ: ROKU). The company has been) growing fast, driven primarily by its digital platform business, which makes money by selling advertisements and dist...
Govt cuts interest rate on small savings schemes by 10 bps
livemint.com - 28 Jun 2019 18:47
The move is aimed at matching the softening of interest rates in the banking sector since the RBI cut its benchmark policy rate thrice during the year.Public Provident Fund and National Savings Certificate will fetch ann...
How Should Investors Reconcile Bond Yields Dropping With The S&P 500 Surging?
Forbes - 28 Jun 2019 18:43
How does an investor reconcile the seeming disconnect between the S&P 500 Index, currently approaching a record high, and U.S. Treasury bond yields, which have been plummeting for eight months?
Quest For Strategic Deployable Solutions Fuels BP's Venture Funding Arm, Says Its Boss
Forbes - 28 Jun 2019 18:15
In an exclusive interview, BP Vice President David Gilmour reveals how his team is attempting to future proof the oil giant by seeking out scalable, deployable and profitable emerging technologies.
Stocks Hit Positive Streak In June
Forbes - 28 Jun 2019 17:50
The stock market found new momentum throughout June as the issue of U.S.-China tariffs remained unresolved. The month included several major earnings and a lackluster jobs report.
Second phase of UPI mechanism for retail investors from 1 July: Sebi
livemint.com - 28 Jun 2019 17:23
The implementation date was extended till 30 June, 2019 to ensure smooth transition to UPI in Application Supported by Block Amount.In November, Sebi said it would launch UPI as an alternative payment option for retail i...
The Future of Work is Distributed. Here's How Your Company Can Strategize.
Forbes - 28 Jun 2019 16:40
Entire companies have taken flexible work to the max and become fully distributed. 23% of remote workers now say their organization is fully distributed.
Shipping Sector Comes Under Increasing Pressure To Cut Its Carbon Footprint
Forbes - 28 Jun 2019 16:00
Shipping has lagged behind in efforts to cut carbon emissions, but it is now coming under growing pressure to act. CDP has highlighted the sector's lack of progress, while a new investor initiative, the Poseidon Principl...
How The Parts Add Up: The iShares Core S&P Mid-Cap ETF Targets $213
Forbes - 28 Jun 2019 15:56
For the iShares Core S&P Mid-Cap ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $212.78 per unit.
Paychex Ends Fiscal 2019 On A Strong Note, But Will It Sustain Momentum In Fiscal 2020?
Forbes - 28 Jun 2019 15:50
Paychex delivered a mixed performance for its fiscal Q4. The company reported adjusted earnings of 63 cents per share, which missed the consensus estimate of 65 cents. However, total revenues marginally beat the consensu...