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Market News

Location American Market News for 2 August 2019

Size and Scope Aren't Helping Big Oil

Wall Street Journal - 2 Aug 2019 20:01
Now is the time in the energy cycle to capitalize on being big, but many businesses are struggling simultaneously, pinching Exxon Mobil and Chevron.
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Why Did We Reduce Our Price Estimate For Lear To $153? Trefis decreased its stock price estimate for Lear Corporation from $173 per share to $153 per share in July 2019, as the company is continuously impacted by the challenging macroeconomic and industry environment. For de...
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Nonfarm Payrolls Data Come In Close To Expectations As Market Worries About Trade This morning, the anticipated government jobs report came in close to expectations, leaving Wall Street to continue digesting trade news and Fed expectations
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Russia's Latest Sanctions A Year In The Making, But Surprises Everyone Washington hits Russia with a left hook.
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Inside the Capital One Hack

Wall Street Journal - 2 Aug 2019 22:35
Capital One has prided itself on being a tech-forward bank. But earlier this year, the bank got hacked, and 106 million people had their information stolen. AnnaMaria Andriotis and Liz Hoffman talk about what happened an...
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Trump's Great China Trade Deal Is A 'Charade' China's yuan has weakened to its lowest level on the year, knocking on the door of 7 to 1.
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Are Dating Apps All Hot or Not?

Wall Street Journal - 2 Aug 2019 20:52
Dating apps lead our digital lives, but they don't always lead to love at first swipe. Many users air their grievances about various dating platforms on social media, hoping for empathy or even a date.
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When it Comes to Active Management, Asset Managers are Shifting to PE, Changing How We Invest Traditional asset managers are aggressively expanding into private equity to reverse the tide of shrinking profit margins and revenues linked to to passive index investing in public markets. In the process, they're chang...
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Investors Pull Back from Jack Dorsey's Square---For Now

Wall Street Journal - 2 Aug 2019 20:19
Jack Dorsey's Square fell 16% on Friday, but it may just be a course correction for the highflying, financial-technology firm.
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Endeavor Group Postpones IPO Until September at Earliest

Wall Street Journal - 2 Aug 2019 19:29
Endeavor Group is delaying its initial public offering until September, at the earliest, as the parent company of Hollywood's biggest talent agency works to finalize an acquisition.
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Where Did This 'Bull Market' Come From, Anyway?

Wall Street Journal - 2 Aug 2019 19:16
Everyone talks about bull markets, especially the current one, often called the longest in history. But nobody seems to agree on an exact definition or where the term came from.
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Understanding Coca-Cola's Business Model And Performance Across Key Operating Markets Coca-Cola is one of the largest beverage companies with a diversified geographic presence. You can view the Trefis interactive dashboard - Coca-Cola Revenues: How Does Coca-Cola Make Money? - to understand the company's ...
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Should Abercrombie Spin-Off Hollister As A Separate Entity? A&F's situation is quite similar to its peer Gap. If A&F is unable to revive the fortunes of its Abercrombie brand soon enough, it may have to explore the option of separating Hollister. Trefis highlights Hollister's pot...
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Why Is Johnson Controls' Stock Up 35% So Far This Year? 2019 has been a great year so far for Johnson Controls International, with its stock gaining ~35% to date. JCI has achieved steady growth thanks to continued demand for its HVAC technology. Trefis highlights the reasons ...
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13 Investing Books to

Wall Street Journal - 2 Aug 2019 18:11
Fund experts offer their top picks for books on investing, Wall Street history and bitcoin.
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Why Jobs Growth Must Slow

Wall Street Journal - 2 Aug 2019 18:10
The slower pace of job growth this year may have more to do with low unemployment than problems abroad.
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Why Trade War Noise Is Costing Investors Billions It is no secret that the growth of the middle class in Asia has been a major investment theme in recent years.
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Look Under The Hood: The iShares Core S&P 500 ETF Has 10% Upside For the iShares Core S&P 500 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $325.29 per unit.
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Growth Fears Send Copper Prices to Near 2019 Low

Wall Street Journal - 2 Aug 2019 17:19
Copper sank to near its lowest price of 2019, as renewed trade hostilities between the U.S. and China reinforced fears about the world economy.
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U.S. Government Bond Yields Hover Near Multiyear Lows

Wall Street Journal - 2 Aug 2019 16:49
U.S. government bonds showed tentative signs of steadying Friday after a solid jobs report helped slow a rally that had pushed yields to their lowest levels since before the 2016 presidential election.
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Wells Fargo to Tech Vendors: Please Send Us a Check

Wall Street Journal - 2 Aug 2019 16:40
Wells Fargo, forced to cut costs due to flagging revenue growth and regulatory problems, recently asked outside technology consultants to refund some of the money the bank has spent with them.
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Surprising Analyst 12-Month Target For The Financial Select Sector SPDR Fund ETF For The Financial Select Sector SPDR Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $30.42 per unit.
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