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Market News

Location American Market News for 12 September 2019

Oklahoma City on $50K a Year

Wall Street Journal - 12 Sep 2019 15:45
How far does a $50K salary go when you're starting out? It depends on where you live. Meet David Dick, an investment adviser in Oklahoma City.
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California's legislature is debating whether to allow private parties, on behalf of the state, to sue other private parties based on vague (and potentially baseless) claims that tax returns were incorrectly filed. If pas...
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What Investors Need to Know About the Cloudflare (NET) IPO This report aims to help investors sort through Cloudflare's financial filings to understand the fundamentals and valuation of this IPO.
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OPEC Defers Decision on Oil Output Reduction

Wall Street Journal - 12 Sep 2019 16:28
OPEC and its oil-producing allies put off any talk of further output reductions, despite growing evidence of a mounting global supply glut and slowing demand growth for crude.
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How The Parts Add Up: The iShares Russell Mid-Cap Growth ETF Targets $157 For the iShares Russell Mid-Cap Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $157.04 per unit.
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Bud Light: Brewer Plans Slimmed-Down IPO in Hong Kong

Wall Street Journal - 12 Sep 2019 08:16
Two months after calling off a blockbuster initial public offering in Hong Kong, European beer giant Anheuser-Busch InBev started shopping a slimmed-down version of its Asia business to investors in the city and is hopin...
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SmileDirectClub Plunges 28% on First Day of Trading

Wall Street Journal - 12 Sep 2019 23:15
Reality bites for teeth-straightening startup SmileDirectClub, which plunged 28% on its first day of trading.
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Federal Budget Deficit Tops $1 Trillion--With No End In Sight Unless it wants to go back to buying treasuries, the Federal Reserve may have to lower rates.
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5G REITs: Where Tech Meets Real Estate

Forbes - 12 Sep 2019 22:54
5G REITs: Where Tech Meets Real Estate You've probably heard the term 5G technology. It is the latest, or "fifth generation," of cellular wireless technology just starting to be rolled out, notes industry-leading income specialist Tom Hutchinson, a contributo...
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Exclusive: One Of The Largest Pharma Companies In The World Just Got Into Cannabis According to information procured exclusively a subsidiary of NYSE-traded giant Teva Pharmaceuticals has signed a deal with medical cannabis company Canndoc to distribute its GMP products to pharma customers.
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Gold Pares Gains on U.S.-China Trade Hopes

Wall Street Journal - 12 Sep 2019 21:44
Gold prices pared gains while other metals rose, as investors reacted to reports of progress in trade relations between the U.S. and China.
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Vegan ETF Almost Like the Real Thing

Wall Street Journal - 12 Sep 2019 21:17
A vegan ETF claims investing in it indirectly spares animals, but there are easier and cheaper ways to do that
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Delayed China Tariffs Help Stock Market Approach Record High A cooling in trade tensions was enough for markets to approach record levels.
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Five Reasons To Give Stakeholder Capitalism A Chance Stakeholder capitalism should be given a chance to work. Here's why.
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Oracle's Slightly Cloudier Future

Wall Street Journal - 12 Sep 2019 19:35
The software giant's shift in leadership comes just as Wall Street is looking for refreshed growth.
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India's Market Offers Hope For Mobility Services Companies That Is Lacking In The West While China's auto market will still produce about 25 million passenger car sales this year--nearly 50% more than the 17 million that will be sold in the U. S.--India will struggle to sell 3.2 million units.
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Treasury to Sell $99 Billion in Debt

Wall Street Journal - 12 Sep 2019 18:21
The U.S. Treasury Department next week will auction $99 billion in securities, ranging from 13-week bills to 10-year Treasury inflation-protected securities.
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Death Of The Euro Is A Fantasy

Forbes - 12 Sep 2019 18:15
Death Of The Euro Is A Fantasy Ignore pundits saying that the euro is doomed. When the so-called euro crisis struck, the currency stayed strong. Make no mistake, the euro was, is and will continue to be a strong currency.
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Trump Decides Against New Capital Gains Tax Cut The proposed plan, research shows, would overwhelmingly benefit wealthy investors.
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Avoiding The Long Arm of Tariffs

Forbes - 12 Sep 2019 18:08
Avoiding The Long Arm of Tariffs Finding stocks immune to tariffs takes some digging, but there are definitely nuggets of gold to be found.
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Inflation Comes Back Into the Picture for the Fed

Wall Street Journal - 12 Sep 2019 17:57
Inflation is trending back up, making the justification for further Federal Reserve rate cuts look tenuous.
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We Did The Math: The iShares Expanded Tech-Software Sector ETF Can Go To $244 For the iShares Expanded Tech-Software Sector ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $244.35 per unit.
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