Market News
Why Hasbro Stock Has Been Trending Lower
Forbes - 31 Oct 2019 16:30
Hasbro (NASDAQ: HAS), a global play and entertainment company which primarily produces toys and board games, saw its stock decline by about 20% over the last week. The sell-off came after the company published weaker tha...
Are Chinese Developers Building Sandcastles in the Sky?
Wall Street Journal - 31 Oct 2019 11:03
China's property developers have been on a borrowing binge this year, including from one creative source that seems to be reaching its natural limit.
Is Citigroup's Stock Undervalued?
Forbes - 31 Oct 2019 18:10
Citigroup (NYSE: C) is a geographically diversified banking giant with offices in over 160 countries. Trefis has a price estimate of $82 for Citigroup's stock which is 15% higher than its current market price. Our price ...
How to Estimate What You'll Spend on Long-Term Care
Wall Street Journal - 31 Oct 2019 17:17
Ask Encore: Retirement columnist Glenn Ruffenach also offers advice about IRA distributions.
The Boring Industry That Hands +500% Gains
Forbes - 31 Oct 2019 17:02
You would have made far more money buying under-the-radar stocks from this industry than buying Google.
Investors Flee South African Rand Ahead of Rating Review
Wall Street Journal - 31 Oct 2019 22:39
A dire growth outlook has investors fleeing the South African rand a day ahead of a review from ratings firm Moody's.
China Growth Nowhere Near Official Estimates, Says Morningstar
Forbes - 31 Oct 2019 22:32
Morningstar has China's GDP way below 6%. Here's why. Maybe Taylor Swift can save the day.
Etsy Shares Post Steepest Drop in Four Years
Wall Street Journal - 31 Oct 2019 22:27
The company's third-quarter report raised worries about Etsy's growth prospects, sending its shares downward.
Cyclerion Therapeutics Trading Near Cash; Offers A Favorable Risk Reward Opportunity
Forbes - 31 Oct 2019 22:08
The company evaluated praliciguat in 2 diseases, diabetic nephropathy and HFpEF, which are very complex and difficult-to-treat.
Pinterest stock tanks 21% on revenue miss and disappointing forecast
CNBC - 31 Oct 2019 22:07
While still much smaller than Google and Facebook, Pinterest is picking up market share in online ads.
Dallas Fed Inflation Measure Exceeded Fed Target in September
Wall Street Journal - 31 Oct 2019 21:48
The Dallas Fed said a tool that it uses to measure inflation ticked higher in September, and was revised up in August too.
Natural-Gas Prices Fall After Rise in Stockpiles
Wall Street Journal - 31 Oct 2019 21:40
The price of natural gas snapped a three-day streak of gains after weekly stockpiles rose more than expected, highlighting investors' concerns of a supply glut even as weather forecasts pointed to a chilly month ahead.
3 Emerging Europe Stocks To Watch Right Now
Forbes - 31 Oct 2019 20:45
The U.S. stock market has been hitting new all-time highs, but don't let that distract you from exciting things happening in other markets. Here are three of our top Eastern and Emerging European stock picks.
Treasury to Sell $199 Billion in Debt
Wall Street Journal - 31 Oct 2019 20:28
The U.S. Treasury Department next week will auction $199 billion in securities, ranging from 13-week bills to 30-year bonds.
Has 2019's Unimpressive IPO Class Spoiled It For The Unicorns?
Forbes - 31 Oct 2019 19:47
When private investors then try to exit those investments, usually in the form of an IPO (Initial Public Offering) to take a company public, public investors face the possibility of investing in an overvalued or low-qual...
Europe's Banks Confront Their Harsh Reality
Wall Street Journal - 31 Oct 2019 19:42
Ultralow interest rates and political and economic uncertainty are forcing Europe's banks to confront an imperative they have been slow to respond to: cut costs fast or risk falling even further behind U.S. rivals.
Farm Giants Slog Through Trade War
Wall Street Journal - 31 Oct 2019 19:05
Archer Daniels Midland and Bunge said this week that China's pivot toward South America as a supplier for key farm goods like soybeans is altering global food flows, cutting into U.S. exports and pushing up costs.
Apple Hears You
Wall Street Journal - 31 Oct 2019 18:57
Apple tacked on $90 to the price of the standard version of AirPods and is calling its near earbuds AirPods Pro. That might prove the ultimate upsell--a move no longer at Apple's disposal with its already pricey iPhones.
Pompeo: China's Government Is The Problem
Forbes - 31 Oct 2019 18:42
Secretary of State Mike Pompeo says the U.S. has no qualms with the Chinese people. Washington's fight is with the Communist Party.
Deutsche Bank Approved Property Sale to Russian Businessman Despite Internal Objections
Wall Street Journal - 31 Oct 2019 18:14
Deutsche Bank officials approved the sale of a chunk of Silicon Valley real estate to a Russian businessman despite objections from its U.S. reputational risk committee, according to documents and people familiar with th...
Shell Can Keep Doing Well by Doing Good
Wall Street Journal - 31 Oct 2019 18:11
Shell's positioning as a lower-carbon player among big, integrated oil companies has helped it beat peers in recent years. A drop in the company's shares on Thursday looks like a buying opportunity.
Rajeev Misra Built SoftBank's Huge Tech Fund. Now He Has to Save It.
Wall Street Journal - 31 Oct 2019 17:40
The eccentric former banker faces problems with WeWork and other big investments. The Vision Fund, which spent an average of $1 billion a week, is taking a more cautious approach going forward.