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Market News

Location American Market News for 14 October 2019

Facebook's Currency Already Was Devalued

Wall Street Journal - 14 Oct 2019 18:11
The social network's image problem tarnished libra's coin from the start.
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Trading Ranges Hold As the Dow, S&P and Nasdaq Lead, Transports And Russell 2000 Lag The S and P 500 and Nasdaq ended last week above semiannual pivots while the DJIA, Dow Jones Transportation Average and Russell 2000 ended below their semiannual pivots.
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'Back Door' Capital Outflows Should Worry Beijing

Wall Street Journal - 14 Oct 2019 13:15
Officially, China has been very successful in keeping citizens from moving cash abroad to avoid a weakening yuan--but all might not be what it seems.
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Your Broker Just Let You Trade Commission Free, Now What? With the rise of commission-free trading in recent weeks, should you change your investment strategy?
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Four Stocks to Watch After Fastenal Topped Forecasts

Wall Street Journal - 14 Oct 2019 23:52
Fastenal shareholders got a pleasant surprise on Friday, leaving investors to wonder what other companies can buck the economic headwinds.
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SmileDirectClub Shares Hit Low After California Bill

Wall Street Journal - 14 Oct 2019 23:04
The legislation includes language threatening to make it tougher for the state's residents to buy from the teeth-straightening startup.
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Turkey: Geopolitical Risk Will Drag On TRY, But Repeat Of 2H/2018 Looks Unlikely Forward-looking updates from GeoQuant's high-frequency political risk intelligence platform.
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Among Goldman's four main businesses, its investing and lending division missed expectations by the largest degree.
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New Residential Investment Passes Through 13% Yield Mark in trading on Monday, shares of New Residential Investment were yielding above the 13% mark based on its quarterly dividend
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The bank says third-quarter profit rose 8% to $9.1 billion, or $2.68 a share, exceeding the $2.45 estimate of analysts.
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Parents Rejoice as Black Hole Obliterates 'Fortnite'

Wall Street Journal - 14 Oct 2019 18:41
The uber-popular game mysteriously went offline, but it will soon continue draining money and time from its preteen fans.
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Daily Dividend Report: Ameren, Wendy's, Vulcan Materials, Alliant Energy, Dynex Capital Daily Dividend Report
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We Did The Math: The iShares Russell 1000 ETF Can Go To $182 For the iShares Russell 1000 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $182.45 per unit.
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How The Pieces Add Up: The Vanguard Mid-Cap Growth ETF Targets $165 For the Vanguard Mid-Cap Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $165.33 per unit.
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Mine-waste dams around the world have drawn new scrutiny after a collapse in Brazil this year killed hundreds. Miners have spent months and millions of dollars re-evaluating the structures, while investors have worked to...
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Tech Sector Preview: Solid Stock Performance, But Economic, Trade Concerns Could Weigh Though Technology has been the sector leader in 2019, concerns over the economy and trade policy have many companies issuing negative guidance in recent weeks. This is an important dynamic to watch over the coming month.
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Cuomo's Cannabis Regulation Plan Could Change The Game New York, Connecticut and New Jersey will coordinate cannabis regulations. It could be a significant step forward.
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Analysts Expect The iShares Core S&P U.S. Growth ETF To Hit $70 For the iShares Core S&P U.S. Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $70.27 per unit.
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The First Trust Morningstar Dividend Leaders Index Fund ETF's Holdings Imply 11% Gain Potential For the First Trust Morningstar Dividend Leaders Index Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.20 per unit.
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Do Rising Risks Mean Recession Ahead?

Forbes - 14 Oct 2019 15:44
Do Rising Risks Mean Recession Ahead? Is there a recession on the horizon? Commonwealth CIO Brad McMillan notes that rising risks do not necessarily mean inevitable trouble.
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Bernie Sanders on Corporate Democracy

Forbes - 14 Oct 2019 15:42
Bernie Sanders on Corporate Democracy Our most thoughtful founders rejected all three of these forms of autocracy - the social, the political and the economic - both because they are deeply offensive to human rights and human dignity and because they are int...
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Movado And Marathon Petroleum Have Dividend Appeal Get a head start on what could be an uncertain market for the next 12 months by choosing stocks with above-average dividend yields.
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