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Market News

Location American Market News for 15 August 2019

Care.com Needs Supervision

Wall Street Journal - 15 Aug 2019 18:44
Activist investor calls for Care.com to consider a sale, but even that may not be enough to restore parents' lost trust.
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Smartphones: Know When to Fold 'Em, When to Hold 'Em

Wall Street Journal - 15 Aug 2019 18:29
Another reported Huawei delay could give room to Samsung--assuming any prospective foldable-screen customers are left
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How Bad Is The U.S. Economy In 2019?

Forbes - 15 Aug 2019 18:23
How Bad Is The U.S. Economy In 2019? The United States economy is growing moderately as of August 2019, though the yield curve is flashing red. We're not in recession now, but the outlook is better than recent headlines, but a contingency plan for downturn ...
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UBS: Gold To Reach Almost $1,700 Next Year

Forbes - 15 Aug 2019 18:17
UBS: Gold To Reach Almost $1,700 Next Year "Investors are turning to gold amid expectations of slower US and China growth, dovish central bank policy particularly at the Fed, further declines in real rates, weaker equities and growing concerns of a recession," a ...
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How Much HDD Revenues Can Western Digital Add Over The Next 2 Years? Western Digital's (NASDAQ: WDC) HDD revenue will likely grow at an average annual rate of 10.7% from $8.6 billion in fiscal 2019 to $10.5 billion in fiscal 2021, according to Trefis estimates. This growth will likely be ...
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A Look At China Unicom's Subscriber Performance Over The First Half Of 2019 China Unicom (NYSE:CHU) has underperformed its rivals China Mobile and China Telecom in terms of net subscriber additions over the first half of 2019. In this analysis, we take a look at how the major Chinese carriers fa...
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China's Alibaba: Cheaper Than Amazon And Beating Wall Street's Expectations Alibaba surprises, and gives China investors some good news for once.
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Lumber Liquidators: Get in on the Ground Floor

Wall Street Journal - 15 Aug 2019 13:30
Flooring retailer Lumber Liquidators suffers from negative sentiment four years after a scandal and is being pinched by tariffs on Chinese imports, but its shares are too cheap to ignore.
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The appointment of the fund managers for another term of three years has been pending with the EPFO since April last year.The EPFO had appointed multiple fund managers for the first time in July 2008
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Argentina's peso strengthened against the dollar Thursday, the first improvement for the currency since a left-wing presidential candidate performed better than expected in a primary election last Sunday.
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GE Fraud Claim Doesn't Have to Be True to Hurt

Wall Street Journal - 15 Aug 2019 23:31
A report from an experienced investigator calling the conglomerate the next Enron underscores problems shareholders already know about.
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Treasury to Sell $94 Billion in Debt

Wall Street Journal - 15 Aug 2019 23:09
The U.S. Treasury Department next week will auction $94 billion in securities, ranging from 13-week bills to 30-year Treasury inflation-protected securities.
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Conservatives Give Up On Argentina's President Macri. 'Game Over' The man that every conservative rested their hopes on some four years ago in 2015 is now the symbol of yet another disappointment.
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What Has Led Bristol-Myers Squibb's Stock To Fall More Than 35% Over The Last 3 Years? Bristol-Myers Squibb's (NYSE:BMY) stock price has fallen by over 35% over the last three years, despite a growth in revenues, margins, and earnings. The decline can be attributed only to contraction in the price to earni...
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Mick McGuire's Marcato Capital Loses 90% of Assets

Wall Street Journal - 15 Aug 2019 21:37
Assets of Marcato Capital Management, a well-known activist hedge fund that had the backing of billionaire William Ackman, fell to around $250 million at midyear from $3.2 billion in 2015.
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How To Double Your Money Every 4 Years With Safe Dividend Stocks My own portfolio dedicated to this approach has earned 17% per year.
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WeWork Bond Prices Surge on Buyback Hopes

Wall Street Journal - 15 Aug 2019 21:24
WeWork's debt is surging following the company's S-1 filing for a proposed IPO, as investors bet the company could retire bonds before they mature in 2025.
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Bank of Mexico Cuts Interest Rates As Economy Struggles

Wall Street Journal - 15 Aug 2019 20:42
The Bank of Mexico lowered interest rates Thursday for the first time in more than five years in a split vote, citing slowing economic growth, lower inflation and a decline in debt yields in Mexico and abroad.
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Crude Prices Head Further South

Wall Street Journal - 15 Aug 2019 20:28
Oil prices were on track for their second consecutive daily decline amid worries that slowing global growth will weigh on demand.
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Stocks Bounce but Fear Remains

Wall Street Journal - 15 Aug 2019 20:25
Near-dated futures contracts tracking the Cboe Volatility Index, or VIX, continue to hover above those expiring later, a sign that investors are still girding for turbulence in stocks ahead in the near-term.
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Opinion | 'Cashless' and the politics of innovation

livemint.com - 15 Aug 2019 19:33
There is a huge machinery to make us believe that 'cashless-ness' is in our interest
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Bitcoin Stabilizes Near $10,000 After Falling 20% In A Week Bitcoin has been experiencing relative stability today. How long will it last?
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