Market News
Workday Casts a Large Cloud
Wall Street Journal - 16 Oct 2019 21:00
Comments from the normally cautious cloud company spark more worry about growth for the expensive sector
Netflix soars after beating on earnings, despite miss on subscribers
CNBC - 16 Oct 2019 21:31
Netflix warned of "modest headwinds" as streaming services from rivals Apple and Disney launch this fall.
5 Reasons You Should Own Stocks Instead of Mutual Funds (Or ETFs)
Forbes - 16 Oct 2019 16:50
Would you rather have a Swiss Army Knife or a complete tool box? Investors, whether they know it or not, face this same choice every day.
Netflix to competition: Welcome! Your success will be our success
CNBC - 16 Oct 2019 22:46
Netflix makes the case in its shareholder letter that more streaming services won't curb subscriber growth.
Weak U.S. Data Boost Treasurys
Wall Street Journal - 16 Oct 2019 22:00
U.S. government-bond prices rose after worse-than-expected economic data and signs of potential delays in a trade deal with China.
IBM stock falls on revenue miss
CNBC - 16 Oct 2019 21:31
IBM's revenue fell for the fifth quarter in a row, even with contributions from its recent Red Hat deal.
Coca-Cola Wins U.S. Corporate Transparency Award, New Ranking Shows
Forbes - 16 Oct 2019 21:03
Coca-Cola won for overall transparency in corporate disclosures.
Natural-Gas Prices Fall on Supply Worries
Wall Street Journal - 16 Oct 2019 20:22
Investors were worried about a supply glut even as weather forecasts pointed to cooler temperatures for parts of the country.
Xi Jinping Could Easily Kill Trump's China 'Deal' Over Hong Kong
Forbes - 16 Oct 2019 20:09
Congress just slapped China across the face. Might Xi Jinping reneg on Liu He's mini-deal, then?
Bank of America's Wide Reach Pays Off
Wall Street Journal - 16 Oct 2019 18:47
Deployment of bankers around the country to court smaller businesses is helping drive loan growth at Bank of America.
Which U.S. Cities Take The Longest To Save For All-Cash Home Buys?
Forbes - 16 Oct 2019 18:44
Hint: New York isn't on the top 10 list.
8 Crazy Investment Themes For Those About To Retire
Forbes - 16 Oct 2019 18:30
Retiring in the next few years? Feeling confident about how your portfolio will hold up? If you answered yes to the first question, and did not immediately answer yes to the second question, this is a good time for a lit...
Facebook Wanted to Create a New Currency. It Wasn't Ready for the Backlash.
Wall Street Journal - 16 Oct 2019 18:19
With libra, the social-media giant promised to change payments world-wide. Instead, major partners bolted after lawmakers and regulators challenged its plans, an early sign of how Washington is putting Facebook on a tigh...
The American Consumer Needs Some Help
Wall Street Journal - 16 Oct 2019 17:49
Softening retail sales strengthen the case for interest-rate cuts.
Fed Kicks Off Balance-Sheet Expansion
Wall Street Journal - 16 Oct 2019 17:38
The New York Fed embarked on its first round of Treasury bill buying aimed at expanding its overall holdings, and found no dearth of interest from banks wanting to sell securities.
With Advice Like This, Gilead Can't Go Wrong
Wall Street Journal - 16 Oct 2019 16:53
Investors offer advice for the incoming Gilead Sciences Inc. finance chief that amounts to having a crystal ball about which companies are worth acquiring.
Private Equity Firms Turn To Independent Sponsors As Industry Moves Down Market
Forbes - 16 Oct 2019 16:00
Former operating executives are increasingly teaming up with private equity firms to identify smaller niche opportunities.
German Car Makers' Better Half
Wall Street Journal - 16 Oct 2019 15:45
Third-quarter results from Germany's vehicle manufacturers could lift the tone after a first half marked by profit warnings and alarming macroeconomic data. But investors shouldn't be fooled into thinking better times ar...
Regional Lenders Lean on Fees to Fuel Revenue Growth
Wall Street Journal - 16 Oct 2019 15:39
U.S. Bancorp and PNC Financial Services Group, two of the country's biggest regional lenders, posted profit and revenue that were higher than expected, as higher fee income offset slower revenue growth from lending.
Skechers' Stock Can Keep Running Higher
Forbes - 16 Oct 2019 15:30
This company's cash flows continue to grow, its valuation remains reasonable, and the stock remains a good pick for long-term investors.
Bank of America Results, Brexit Dominate Morning, but Netflix in Focus this Afternoon
Forbes - 16 Oct 2019 15:27
Bank of America became the latest big bank to exceed earnings expectations, and earnings overall look pretty solid so far early in the season. Retail sales slid in September, but one month isn't a trend.
2 Dirt-Cheap Dividend Dynamos I'd Buy Before Next Week (Like This FTSE 100 Star)
Forbes - 16 Oct 2019 15:00
It's raised annual dividends each and every year for almost a quarter of a century. Could this income hero, along with this Footsie-listed giant, be about to surge?