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Market News

Location American Market News for 25 July 2019
China's Investments In Africa: What The Data Really Says, And The Implications For Europe China has clearly signaled to Europe that it does not shy away from involvement in Africa, historically Europe's area of influence. But the nature of China's direct investment flows to the continent will have to change i...
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iRobot's Giant Sucking Sound

Wall Street Journal - 25 Jul 2019 19:29
Roomba maker is hit by tariffs just as it launches new $1,000 vacuum.
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Reversal in Oil Stockpiles Helps Support Crude Prices

Wall Street Journal - 25 Jul 2019 16:26
A slide in U.S. crude-oil stockpiles is adding to evidence that domestic supply growth could slow moving forward, an encouraging sign for bullish investors with prices still stuck in a tight range.
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Why Is This National Oil Company Planning An Investor Relations Call In August? Saudi Aramco plans to hold an investor relations call next month, a curious step for a private company with a single shareholder.
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Morgan Stanley Poaches UBS Healthcare Banker Jim Forbes

Wall Street Journal - 25 Jul 2019 23:27
Morgan Stanley has hired longtime health-care investment banker Jim Forbes away from UBS Group, as deal activity in the sector booms.
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RIP Economic Cooperation, 1944-2019

Forbes - 25 Jul 2019 23:18
RIP Economic Cooperation, 1944-2019 The postwar economic system has worked pretty well in some ways, but it left many people behind. They are unhappy. Populist leaders are responding with the same kind of protectionism that didn't work back then. It probab...
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Shares of Mattel jumped 7% in late trading Thursday after the company posted a narrower-than-expected loss and strong sales of Barbie and Hot Wheels.
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Alphabet Stock Pops On Earnings Beat, Stock Buyback Google parent company Alphabet reported second-quarter earnings that beat analyst expectations, sending the stock soaring nearly 9%.
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Intel reported declining revenue but still beat analysts' estimates for the second quarter.
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Government Bond Yields Rise After ECB Meeting

Wall Street Journal - 25 Jul 2019 21:49
Government bond yields in the U.S. and Europe rose Thursday after European Central Bank President Mario Draghi downplayed the risk of recession in the eurozone. The yield on the benchmark 10-year U.S. Treasury note settl...
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Why Has Starbucks' Stock Risen To $90?

Forbes - 25 Jul 2019 21:45
Why Has Starbucks' Stock Risen To $90? Starbucks (NASDAQ: SBUX), the world's renowned coffee company, has seen its stock rise at a CAGR of 13.9% to $90 in a span of 4 years. Meanwhile, a close competitor, Dunkin' Brands, has seen its stock grow by a CAGR of a...
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The quarterly numbers follow an $800 million investment in one-day delivery and increased regulatory scrutiny into its business practices.
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Starbucks raised its full-year earnings and revenue forecast Thursday after more customers returned to cafes in the U.S. and China for pricier drinks.
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U.S. Corporate Debt Continues To Rise As Do Problem Leveraged Loans U.S. corporate debt is at 70% of U.S. GDP and is likely to continue rising if interest rates are cut. Covenant-lite and document-lite loans will also continue to rise. These trends should be troubling for investors, regu...
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United Technologies Beat Earnings Estimates As Raytheon Merger Looms United Technologies reported its second-quarter earnings results on Tuesday and beat analysts' earnings-per-share estimates. It also beat on revenue and raised forward guidance.
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Gold Miners Worth A Second Look

Forbes - 25 Jul 2019 19:31
Gold Miners Worth A Second Look Investing directly in gold stocks rather than gold as a commodity can set the stage for outperformance.
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Markets Hope ECB Easing Package Could Be a Big One

Wall Street Journal - 25 Jul 2019 19:15
Investors are betting a change in Mario Draghi's language on inflation could indicate an aggressive set of measures to boost the economy are coming in September.
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Investors Bet on Airlines That Don't Need Boeing's 737 MAX

Wall Street Journal - 25 Jul 2019 19:11
The grounding of Boeing's 737 MAX fleet is continuing to have ripple effects in the air-travel industry.
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Tesla Shares, Bonds Lose Steam

Wall Street Journal - 25 Jul 2019 18:45
Carmaker's shares and debt are facing fresh pressure Thursday after its earnings report, as investors fear the company's growth is slowing sharply.
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Euro and Government Bond Yields Rise After ECB Meeting

Wall Street Journal - 25 Jul 2019 18:33
Government bond yields in the U.S. and Europe rose, while the euro climbed against the dollar after European Central Bank President Mario Draghi downplayed the risk of recession in the eurozone.
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Stay Away From Preferred Stocks Unless You Know What You're Doing In normal times investors can get stability of principal and predictable income with preferreds, with considerably less volatility than stocks and better returns than bonds. But expecting preferred stocks to also provide...
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Do JPMorgan and Goldman Agree on Apple's Stock Price? Apple stock (NASDAQ: AAPL) has seen some volatility this year, driven by declining iPhone demand and the re-escalation of the U.S. trade war with China. Overall, brokerage firms still remain bullish on the stock, with an...
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