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Market News

Location American Market News for 27 September 2019

Banks Stay Gloomy on Oil, Shrugging Off Attacks

Wall Street Journal - 27 Sep 2019 13:44
Strikes on Saudi oil facilities that knocked out 5% of global supply earlier this month have done little to shift sentiment among investment banks about the prospects for oil markets.
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Penny-Pinching Funds Are Going to Get Even Cheaper

Wall Street Journal - 27 Sep 2019 16:59
Index funds that are merely cheap aren't good enough for retirement investors, contend several recent lawsuits, the latest sign that the cost of investment management is on its way to zero.
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Here's How Impeachment Talks Will Affect The Stock Market Despite Trump's claims to the contrary, the market is unlikely to "crash."
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New Research Reveals 200 Years Of Multi-Asset Factor Performance Buying investments with certain attributes may help improve long-term returns, new research explores which work best over time and different assets.
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How Trump's Impeachment Can Benefit Businesses And Investors Republican senators have begun to move
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Trump: Transform The U.S. Strategic Petroleum Reserve Into An Oil Bank Following the attacks on key crude oil production facilities in Saudi Arabia, President Trump announced the authorization of the release of oil from the U.S. Strategic Petroleum Reserve to keep the market well supplied. ...
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New Wells Fargo Chief Faces Challenges Beyond Washington

Wall Street Journal - 27 Sep 2019 21:35
Wells Fargo investors were fearing a bad outcome as the bank's search for a new chief executive neared its six-month anniversary. They got some immediate relief in the form of Charles Scharf, but the real challenge still...
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De Blasio Is Out Of The Presidential Race, But He's Bringing The Climate Fight To New York No longer running for President, Mayor Bill de Blasio of New York is continuing his bid to overregulate his city into economic decline.
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Russia, Iraq and the United Arab Emirates are among the handful of oil producers benefiting from the recent attack on Saudi Arabia's largest oil-processing facility, as Asian buyers seek alternatives to the kingdom's hig...
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He Quit Credit Suisse. Then He Caught the Bank's Spy

Wall Street Journal - 27 Sep 2019 19:45
For several days in September, a private investigator hired by Credit Suisse trailed the bank's former wealth management head Iqbal Khan through Zurich, snapping photos along the way. The fallout has captivated Switzerla...
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The Fed's Inflation Blind Spot

Wall Street Journal - 27 Sep 2019 19:07
How muted is inflation, really? The answer to that question has depended a lot lately on what inflation measure you are looking at.
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Herbalife to Pay $20 Million to Settle SEC Fraud Claims

Wall Street Journal - 27 Sep 2019 18:39
Herbalife on Friday agreed to settle allegations it misled investors about how its business in China worked.
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U.S. Government Bond Yields Extend Monthly Gains

Wall Street Journal - 27 Sep 2019 18:29
U.S. government-bond prices edged lower Friday as investors responded to mixed economic data.
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If You Want To Get Rich, Invest Like Google, Not Warren Buffett Alphabet is arguably the world's most forward-thinking company. I'd put its "crystal ball" up against any other investor or company on the planet, including Warren Buffett. This is why I stalk Alphabet's every move.
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CrowdStrike Called Out

Wall Street Journal - 27 Sep 2019 17:27
CrowdStrike's stock has fallen more than 10% since the White House released a memo of a July phone call between President Trump and his Ukrainian counterpart. But the cybersecurity company has been one of the most expens...
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Dunkin' Donuts US To Push Revenue Growth For Dunkin' Brands Dunkin' Brands, whose stock is currently trading at around $81, generates its revenue primarily from the Dunkin' Donuts US segment which is projected to account for 46.7% of total revenues in FY 2019. In this note we dis...
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Can Under Armour Continue To Grow Its Revenues This Year? Under Armour (NYSE: UA) is one of the fastest-growing companies in the apparel industry. Under Armour has achieved steady revenue growth in the last couple of years, with its revenues of $5.2 billion in 2018 marking a y-...
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Daimler Trucks Segment To Lead Top Line Growth For Daimler AG? Daimler AG (OTCMKTS: DDAIF), whose stock is currently trading at around $52, generates its revenue primarily from its Mercedes-Benz Cars segment which is projected to account for 52.9% of total revenues in 2019, While th...
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Consumer Sentiment Rebounds Slightly in September, Holding Steady For Now Consumers aren't panicking, despite some concerns about the economy.
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The Implied Analyst 12-Month Target For The iShares Russell 1000 Growth ETF For the iShares Russell 1000 Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $177.55 per unit.
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Bitcoin Smart Contract Startup RSK Buys Spanish Social Media Platform Taringa With several Spanish-speaking countries in the midst of economic crises, RSK is betting that Taringa's 30 million users will flock to a decentralized alternative.
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Has France Finally Fallen For The Entrepreneur; Sadly No As Tax Cuts Are Delayed Corporation tax rates are once again undermining France and its economy; it is a familiar story.
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