Market News
China Soy Deal Not That Big A Deal
Forbes - 24 Oct 2019 16:27
One step forward after one step back means no real gain as China just announces a return to the U.S. ag market.
China's Property Bond Boom Clashes With Housing Market Realities
Wall Street Journal - 24 Oct 2019 09:00
China's property developers have used falling U.S. interest rates this year to issue swaths of dollar debt. Yet the state of the country's housing market--now past its prime--suggests investors would do well to steer cle...
Executive to Leave Fast-Growing Hedge-Fund Start Up
Wall Street Journal - 24 Oct 2019 18:19
Peter Hornick, an executive at the largest-ever hedge fund startup, ExodusPoint Capital, is leaving after less than two years, people familiar with the matter said.
After 21% Sales Plunge, Has Boeing Bottomed Out?
Forbes - 24 Oct 2019 16:20
Boeing is getting smaller and its cash is getting tighter. Will the 737 MAX really be re-certified in 2019?
Commercial Banks Continue To Draw Interest From Credit Unions
Forbes - 24 Oct 2019 16:00
There seems to be no stopping the relentless march of credit unions acquiring commercial banks. Accounting benefits, expertise in business lending, and efficient geographic expansion are among the factors.
Citigroup Names Jane Fraser as President
Wall Street Journal - 24 Oct 2019 23:50
Citigroup Chief Executive Michael Corbat named Jane Fraser as his No. 2, signaling that she is the most likely candidate to replace him.
This Legendary Commodities Fund Is Closing. Here's What That Could Mean for Investors
Forbes - 24 Oct 2019 23:22
What was once the world's largest commodities hedge fund is officially closing, creating new opportunities for some investors to get exposure to raw materials and mining using other funds.
This Safe 6% Yield Has 68% Upside
Forbes - 24 Oct 2019 22:40
Our healthcare landlord Omega Healthcare Investors (OHI) is officially back!
Struggling Small Theaters Cry Foul Over Disney Throwing Classics In Movie 'Vault'
Forbes - 24 Oct 2019 22:18
It's a worrying trend for an already struggling business.
Amazon clobbered after a miss on the bottom line and soft guidance
CNBC - 24 Oct 2019 21:30
Amazon's third-quarter earnings fell short of street expectations, driving its stock down as much as 9% in after hours trading.
Intel stock pops on earnings beat and return to growth
CNBC - 24 Oct 2019 21:30
Intel beat expectations and grew revenue slightly and gave better-than-expected guidance, sending shares up.
Could Small-Scale Nuclear Power Plants Be A Game-Changer?
Forbes - 24 Oct 2019 21:02
A proliferation of small, localized nuclear power plants in private hands could be a boon for Industry and the environment.
Investors Are Too Fashion-Forward At Gucci
Wall Street Journal - 24 Oct 2019 20:55
The brand's parent, Kering, has an unflattering stock market valuation, despite strong quarterly sales growth.
Stopping Global Warming Will Cost $50 Trillion: Morgan Stanley Report
Forbes - 24 Oct 2019 20:08
A new report estimates that $50 trillion of investment is needed in the next three decades.
U.S. Government Bonds Gain on Soft Economic Data
Wall Street Journal - 24 Oct 2019 19:32
U.S. government bond prices rose after data showed weaker-than-forecast sales of long-lasting goods.
Natural-Gas Prices Rise on Cooler-Weather Expectations
Wall Street Journal - 24 Oct 2019 19:31
The price of natural gas headed for a third consecutive session of gains on Thursday, buoyed by expectations for cooler-than-usual fall weather in some parts of the country.
Indicted Insurance Executive Hires Former FBI Chief for Aid
Wall Street Journal - 24 Oct 2019 19:22
Embattled insurance tycoon Greg Lindberg said he hired former FBI Director Louis Freeh to examine and provide advice for the finances of his business entities and related legal and regulatory issues.
No taxable income? You may still have to file your returns
livemint.com - 24 Oct 2019 19:09
It is important to understand that the income-tax law refers to 'gross total income' which should exceed the basic exemption limit and not the taxable income.Individuals are required to file ITRs in India if they have cl...
Finra Fines BNP Parbas $15 Million Over Money-Laundering Controls
Wall Street Journal - 24 Oct 2019 19:00
The Financial Industry Regulatory Authority said it fined BNP Paribas SA $15 million for failing to develop a program that could detect suspicious activity in penny stocks and wire transfers.
The Apple of Yesteryear Had a Bad Day
Wall Street Journal - 24 Oct 2019 18:55
Nokia, the once-dominant cellphone company, saw its shares suffer their sharpest daily drop in decades and is a shadow of its former self.
Treasury to Sell $87 Billion in Debt
Wall Street Journal - 24 Oct 2019 18:55
The U.S. Treasury Department next week will auction $87 billion in securities, comprising 13- and 26-week bills.
A Perfect Storm for Business Investment
Wall Street Journal - 24 Oct 2019 18:32
The Commerce Department reported data on manufacturing orders on Thursday, and the news wasn't good.