Market News
PG&E Trade Punishes Hedge Funds as California Burns
Wall Street Journal - 30 Oct 2019 12:03
Investors in PG&E stocks and bonds have lost about $4.1 billion in the four trading days since the blaze in Sonoma County started.
Chinese Economy And Geopolitics Constrained By Food Prices
Forbes - 30 Oct 2019 18:18
In China, higher inflation constrains policy makers, and as recent history has shown, can produce a very testy political environment.
McKesson Stock Splurge Leaves Little Wiggle Room
Wall Street Journal - 30 Oct 2019 17:29
McKesson, one of the largest pharmaceutical distributors in the U.S., seems especially bullish on its own stock--perhaps too much.
Chicago Fed Board Chairwoman Pramaggiore Steps Down Amid Probe of Former Employer
Wall Street Journal - 30 Oct 2019 23:50
Anne Pramaggiore resigned soon after she abruptly retired from her job as chief executive of the utilities unit of Exelon Corp.
Apple Earnings Beat Expectations, Showing Recovery From Trade War Pressures
Forbes - 30 Oct 2019 23:05
Apple stock is up almost 55% this year.
The Fed Gives Investors an Appropriate Gift
Wall Street Journal - 30 Oct 2019 22:16
The Federal Reserve's subtle change in the language of its postmeeting statement sent markets the vague message it sought.
These 4 Unusual Stocks Can Give You A 20.3% Dividend
Forbes - 30 Oct 2019 21:50
Forget today's pathetic Treasury rates. And forget the lousy payout on your typical S&P 500 name, too.
Apple stock rises on earnings beat
CNBC - 30 Oct 2019 21:47
Apple beat Wall Street's expectations on revenue and earnings, even as iPhone sales came in slightly lighter than expected.
Leverage The Tax Code To Enhance Charitable Gifting
Forbes - 30 Oct 2019 21:44
We are entering the giving season when the majority of charitable donations are made. Most affluent individuals make charitable donations, but the vast majority continue to simply pay cash. That's the most expensive and ...
Starbucks' stock jumps on strong US and China sales growth
CNBC - 30 Oct 2019 21:33
Starbucks' net sales rose 7% to $6.75 billion, topping expectations of $6.68 billion.
Facebook stock rises on better-than-expected revenue and earnings
CNBC - 30 Oct 2019 21:32
Facebook is facing pressure from regulators, but the social network is still growing its huge ad business.
Turning Your Weaknesses Into Strengths
Forbes - 30 Oct 2019 21:17
Actively embracing our weaknesses allows us to channel them in agile ways that extend our development.
Three Times A Charm? Rate Cut Comes As No Surprise, But Pause May Be Ahead
Forbes - 30 Oct 2019 21:17
The Fed didn't have any tricks up its sleeves today, basically delivering the market what analysts had expected by cutting rates and by signaling a pause might be ahead. Stocks are barely responding, probably because inv...
Deutsche Bank Must Show It Can Do More Than Just Shrink
Wall Street Journal - 30 Oct 2019 20:11
The German banking giant says it is hitting restructuring goals, but investors are far from convinced.
What the Interest Rate Cut Means For You
Wall Street Journal - 30 Oct 2019 20:02
The Federal Reserve's third rate cut this year can ripple through American's everyday finances, from mortgages to savings accounts and auto loans.
Brazil Should Say NOPEC to OPEC
Wall Street Journal - 30 Oct 2019 19:41
Jair Bolsonaro shouldn't push to be a member of the oil exporters' club even though they would love to have him.
Options Project Calm for Online Travel Stocks
Wall Street Journal - 30 Oct 2019 19:36
Options traders are bracing for a relatively calm earnings season for online travel stocks, despite big swings in shares of individual companies this reporting season.
September Quarter's GDP Growth Was Fueled By Auto Output
Forbes - 30 Oct 2019 19:31
The just released September quarter's GDP growth rate of a lackluster 1.9% was turbocharged by "Motor vehicle output."
U.S. Government Bonds Gain Before Fed Rate Decision
Wall Street Journal - 30 Oct 2019 18:44
Bond prices rose Wednesday before the conclusion of the Federal Reserve's meeting at which the central bank is widely expected to reduce interest rates.
November Outlook: From Jobs To Fed To China, This Month Has It All
Forbes - 30 Oct 2019 18:39
Investors might have a good sense of how November went for the market long before their first helpings of turkey and stuffing.
GE: It Is Hard Bringing Good Things Back to Life
Wall Street Journal - 30 Oct 2019 18:30
GE shares surged on Wednesday, but only back to the level they reached three months ago, showing that shareholders remain wary about its turnaround.
How Long Before Argentina Goes Bankrupt?
Forbes - 30 Oct 2019 18:21
Here we go again, Argentina!