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Market News

Location American Market News for 23 July 2019
HDFC Bank has revised its fixed deposit interest rates effective 22 July.The bank is offering an additional 50 basis points in interest rates to senior citizens on fixed deposits
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Apple's and Intel's No-Brainer Deal

Wall Street Journal - 23 Jul 2019 18:53
Apple buying Intel's modem-chip business would be good for both--and bad for Qualcomm.
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Will Crypto Rogues Threaten the Geopolitical Order? Bitcoin may have started as a individual method for private, peer-to-peer payments, but U.S. nation-state adversaries are using cryptocurrency technology for more geopolitical aims. U.S. policymakers must prepare for the...
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Shanghai's STAR Soars: Is The U.S. Finished As China Tech Listing Destination? "With the increased weighting of China in MSCI indexes, international institutions are going to be bigger players in China's domestic markets."
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Snap's Magic Act

Wall Street Journal - 23 Jul 2019 23:44
Snap's stellar second quarter impressed investors, but gains could vanish quickly without continued innovation.
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USDA Report Sees Dire Climate-Change Impact on U.S. Crops

Wall Street Journal - 23 Jul 2019 23:37
Unchecked climate change could mean that the weather conditions hurting farmers this year will become increasingly common and result higher costs for the federal government, according to a U.S. Department of Agriculture ...
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Visa's Results Beat Projections in Latest Quarter

Wall Street Journal - 23 Jul 2019 22:46
Visa Inc.'s financial performance in the latest period beat Wall Street projections, driven by continued higher spending on Visa-branded credit and debit cards.
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Brexit Noise Drives Currency Markets More Than Policy Outcomes Forward-looking highlights from GeoQuant's high-frequency political risk intelligence platform.
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Shares of iRobot plummeted after the company's top executive said tariffs from the conflict will weigh on the company's numbers throughout 2019.
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American Express to Refund $1.6 Million After Forex Probe

Wall Street Journal - 23 Jul 2019 22:06
American Express is terminating foreign-exchange employees and refunding money to nearly 200 customers after it found salespeople misrepresented pricing.
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Forget ETFs: Buy These 6%+ Dividends (With 17%+ upside) Instead Something unusual has happened in closed-end funds (CEFs) lately...
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Jeffrey Epstein's Financial Trail Goes Through Deutsche Bank

Wall Street Journal - 23 Jul 2019 21:45
Deutsche Bank played a key role in Jeffrey Epstein's financial dealings in recent years, helping the accused sex-trafficker move millions of dollars in cash and securities through dozens of private accounts with the Germ...
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Snap shares soared in after-hours trading on Tuesday after the company lowered losses, beat on revenue and continued growing its user base.
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Ford To See Revenue Fall in Q2 2019?

Forbes - 23 Jul 2019 21:29
Ford To See Revenue Fall in Q2 2019? Ford Motors (NYSE: F), the American auto maker, is set to announce its Q2 2019 earnings on 24th July, 2019, followed by a conference call with analysts. The market expects the company to report revenue of close to $35.2 ...
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Freeport-McMoRan's Revenue And Earnings Likely To See A Sharp Drop In Q2 2019 Freeport-McMoRan Inc. (NYSE: FCX) is set to release its Q2 2019 financial results on July 24, 2019, followed by a conference call with analysts. The company's revenue has seen a year-on-year (y-o-y) decline over the last...
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Calls On Progressive Could More Than Double, Signal Says Buy the dip on insurance stock Progressive with call options
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What To Expect From AT&T's Q2 2019 Results?

Forbes - 23 Jul 2019 20:52
What To Expect From AT&T's Q2 2019 Results? AT&T (NYSE:T) is expected to publish its Q2'19 results on July 24. In this analysis, we take a look at some of the trends that have been driving the company's results in recent quarters. View our interactive dashboard an...
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Investors Guzzle Coca-Cola but Cool on Kraft

Wall Street Journal - 23 Jul 2019 20:49
There is a growing rift between the shares of Kraft Heinz and those of Coca-Cola.
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Use single ink to fill in your cheques

livemint.com - 23 Jul 2019 20:31
Negotiable Instruments Act's Section 87 says a material alteration in a negotiable instrument renders it void, the only exception being when the other party consents to the alteration.If you are issuing a cheque in quest...
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Daimler To See Fall In Revenue For 4th Consecutive Quarter? Daimler AG (OTCMKTS: DDAIF), the German auto giant engaged in the development, production, and distribution of cars, vans, trucks, and buses is set to announce its Q2 2019 results on July 24, 2019, followed by a conferen...
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Emerging-Markets Currencies Get Boost From Fed

Wall Street Journal - 23 Jul 2019 20:29
Investors are piling into emerging-markets currencies, spurred by expectations that the Federal Reserve will soon cut interest rates.
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Electric Vehicles Lack Infrastructure Despite Surging Demand Private investment in this climate-friendly transport option remains stagnant.
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