Market News
Huntsman to Sell Two Units for $2.1 Billion
Wall Street Journal - 8 Aug 2019 03:42
The chemicals maker agreed to sell its chemical intermediates and its surfactants units to an Asian rival, Thailand-based Indorama Ventures.
NYSE Antennas Spark High-Speed Trader Backlash
Wall Street Journal - 8 Aug 2019 15:48
The New York Stock Exchange is facing controversy over a pair of antennas designed to shave a fraction of a second off high-frequency trading times.
It Is Tricky Finding Safety From a Market Storm
Wall Street Journal - 8 Aug 2019 19:47
The bond market is holding up a giant sign in capital letters warning of trouble ahead. The next big market scare might not be far away, but is hard to prepare for.
More U.S. Companies Seen Leaving China After September
Forbes - 8 Aug 2019 16:13
Some 40% told AmCham Shanghai that they were moving, or considering it back in May. Imagine now.
Fox Corp beats quarterly profit estimates on higher affiliate fees
CNBC - 8 Aug 2019 13:12
Fox Corp reported quarterly results that beat Wall Street estimates, boosted by higher fees collected from cable and satellite operators and online distributors.
Broadcom Makes $10.7 Billion Deal to Buy Symantec's Corporate-Focused Security Business
Wall Street Journal - 8 Aug 2019 23:00
Broadcom Inc., the semiconductor maker, struck a $10.7 billion deal to buy Symantec Corp.'s enterprise-security business focused on sales to companies, in a drive to expand beyond chips.
How Livongo Just Opened The Floodgate To A Digital Healthcare Wave
Forbes - 8 Aug 2019 22:33
In the future, when we analyze moments in time when innovation transformed an industry, we'll remember a recent event: Livongo's IPO. With such strong healthcare talent here in the Midwest, we see many startups that work...
IPO Expenses Drive Up Uber Losses To $5.2 Billion As Growth Slows
Forbes - 8 Aug 2019 22:24
The eye-popping loss figure includes routine IPO expenses. Now Uber has to prove it's a one-off.
Do JP Morgan and Morgan Stanley Agree On Colgate-Palmolive's Target Price?
Forbes - 8 Aug 2019 21:52
Colgate Palmolive's (NYSE: CL), share price has seen a steady rise over this year, primarily due to the company beating market consensus in revenue and earnings for Q4 2018 and Q1 2019. But for Q2 2019, results declared ...
Uber shares slide after reporting disappointing quarterly results
CNBC - 8 Aug 2019 21:33
Uber has worked to keep riders, and drivers, loyal with membership offerings and loyalty rewards, while battling competitors like Lyft.
Will These Dividend Stocks Surge Or Stumble Next Week?
Forbes - 8 Aug 2019 21:18
These two income shares offer some chubby dividend yields for the next couple of years. But should you buy or avoid them in the coming sessions?
Why The New T-Mobile Should See Significant Margin Expansion
Forbes - 8 Aug 2019 20:52
The merger between T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) looks set to come to fruition, with the U.S. Department of Justice approving the deal in July 2019. In this analysis, we take a look at the potential cost str...
CBDT issues FAQs on filing tax returns to help taxpayers
livemint.com - 8 Aug 2019 20:02
The FAQs are based on the queries received by the CBDT to help assessees file ITRs.On long term capital gains, it said tools for computation of LTCG have been provided in the departmental utility for the convenience of t...
Who Moved Kraft Heinz's Cheese?
Wall Street Journal - 8 Aug 2019 19:19
Kraft Heinz shares fell sharply after it reported sliding sales and a big impairment charge, but its challenges are hardly over.
Zillow, We Have a Problem
Wall Street Journal - 8 Aug 2019 19:06
Zillow's long-term business transformation is ambitious, but a disappointing third-quarter outlook has some investors jumping ship.
U.S. Government Bonds Decline After Report of German Stimulus
Wall Street Journal - 8 Aug 2019 18:26
U.S. government bond prices fell Thursday after a report that the German officials are considering a fiscal stimulus package.
Could Netflix Stock Drop By 50% In 2019?
Forbes - 8 Aug 2019 18:05
Streaming behemoth Netflix published its Q2 results late last month reporting its first loss of U.S. streaming subscribers in almost 8 years on account of its recent price increases. Although the company expects to retur...
How Much Of Metlife's Top Line Comes From Its U.S. Segment: 30%, 50% or 70%?
Forbes - 8 Aug 2019 18:00
MetLife is a leading provider of insurance services with operations spread across the United States, Latin America, Asia Pacific, Europe as well as Middle East regions. Trefis has analyzed the importance of Metlife's U.S...
Green Rush: How Legal Hemp Opens The Door For Cannabis Investment
Forbes - 8 Aug 2019 17:33
The legal landscape around cannabis in the U.S. is byzantine, but there is no ambiguity about hemp: It has been federally legal since December 2018.
Big Oil Still Gets That Wall Street Money
Forbes - 8 Aug 2019 17:28
As the price of WTI lingers in the low $50 range, investors in American shale operations must consider if they want to stay in that game.
Through a Glass, Darkly, at McDonald's
Wall Street Journal - 8 Aug 2019 17:10
McDonald's summer-themed drink cups in Japan portray young couples in innocent courtship. But if held a certain way, the images appear lewd--proving that "sex sells."
Billionaire Dmitry Rybolovlev's Lawsuit With Art Dealer Yves Bouvier Puts Sotheby's In Crosshairs
Forbes - 8 Aug 2019 16:36
A Russian billionaire drags famed auction house Sotheby's into a years old battle over the world's most expensive paintings.