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Market News

Location American Market News for 18 October 2019
The World's Best Employers 2019: Alphabet Takes Top Spot, Followed By Microsoft And Red Hat While the top spots on our annual Best Employers list are dominated by tech companies (including Cisco at number 8, Amazon at number 10, and IBM at number 11), the finance and banking industry was the best-represented on...
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Bank Of America Says 60-40 Portfolios Are Dead. They're Right. The headline is that the conventional wisdom of investing 60% of your portfolio in stocks and 40% in bonds is no longer so wise. This has been THE biggest point of my writing over the past decade
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Deirdre Quinn on the Highs and Lows of Entrepreneurship

Wall Street Journal - 18 Oct 2019 14:00
The co-founder of women's fashion brand Lafayette 148 New York discusses the personal sacrifices she had to make as an entrepreneur and the importance of having personal savings.
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State Street Profit Beats Estimates, Lifts Stock

Wall Street Journal - 18 Oct 2019 20:27
State Street posted quarterly results that beat Wall Street estimates and offered investors some signs of a turnaround. The custody bank's shares jumped.
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Boeing And Lockheed Approach Q3 Earnings With 737-MAX, Trade In Focus Major defense and aircraft makers step into spotlight this week as Lockheed Martin (LMT) reports Tuesday and Boeing (BA) reports Wednesday.
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Should You Buy These Shares (Including This Neil Woodford Favorite) Before Next Week? Forget about all the bad news surrounding Neil Woodford for a second. One of the fund manager's favourite stocks has what it takes to thrive in the days ahead. Come take a look.
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Sallie Mae Flew 100 Employees To Hawaii, And You Still Have Student Loan Debt Sallie Mae, the private student loan lender, flew more than 100 employees to Hawaii to celebrate $5 billion in student loans.
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Schlumberger Expects Slowdown in U.S. Drilling

Wall Street Journal - 18 Oct 2019 19:13
Schlumberger, the world's largest oil-field services company, forecasts a slowdown in U.S. drilling activity due to weak commodity prices and exhausted budgets at the exploration and production companies for which it wor...
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The world seems more tumultuous than it has in years. Congress is weighing impeachment, the U.K. is on the verge of a momentous vote regarding its role in Europe, and the U.S. and China are still mired in a trade war. Ye...
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So, You Want to Own a Sports Team

Wall Street Journal - 18 Oct 2019 18:27
You don't need a huge amount of money to buy at least part of a minor-league team. Just make sure you're OK losing your investment.
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Earnings Preview: What To Expect From Boeing On Wednesday Boeing Inc. is scheduled to report earnings before Tuesday's open.
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Thank You for Visiting Lon-Car-Lee

Wall Street Journal - 18 Oct 2019 17:46
The recent "megalopolis" report by Euromonitor makes the valid observation that the global economy is increasingly being driven by huge areas of adjacent cities. But the report may have overreached with some odd and over...
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Trade War Update: China's Back Is Up Against The Wall What could possibly go wrong?
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Earnings Preview: What To Expect From McDonald's On Tuesday McDonald's is scheduled to report earnings before Tuesday's open. McDonald's stock hit a record high of $221.93/share in 2019 and is currently trading near $208/share.
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Have a Coke and Just Smile

Wall Street Journal - 18 Oct 2019 16:47
Coca-Cola is generating strong sales growth but still suffering a drag from the strong dollar. Investors should focus on the former and not worry too much about the latter.
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Time for Advisers to Speak to Us in Plain English

Wall Street Journal - 18 Oct 2019 16:45
The SEC is making financial information simpler. But it's not yet simple enough.
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UAW Deal Turns Headlights on GM's Planning

Wall Street Journal - 18 Oct 2019 16:22
General Motors, the top U.S. automaker, will need to reassure investors in its financial results that cost-savings targets and downturn preparation are on track.
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Fed Injects $56.65 Billion In Liquidity Over Weekend

Wall Street Journal - 18 Oct 2019 16:18
The New York Fed added $56.65 billion in liquidity to financial markets on Friday.
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Surprising Analyst 12-Month Target For The Vanguard Mid-Cap ETF Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weigh...
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Big Business Called Out For Using Trade Groups To Fight Climate Action Business leaders have been called out for supporting trade associations that lobby against climate rules even as the companies themselves proclaim their support for action.
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With Shares Up 93%, Target's Turnaround Suggests Powerful Investment Strategy Target plunged 13% after announcing an $8B store investment 2.5 years years ago. It's up 93% since. Is it too late to buy?
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Encouraging Earnings Help Market Sentiment Despite Disappointing Data From China Earnings surprises to the upside keep rolling in, helping to boost market sentiment
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