Market News
Why Barclays' Focus On Its Investment Banking Operations Looks Like The Right Way Forward
Forbes - 4 Nov 2019 17:30
Barclays (NYSE: BCS) delivered a better-than-expected performance in Q3 2019 earnings, with the British banking giant's Investment Banking revenues surging 17% year-over-year to £2.6 billion thanks to upbeat FICC tradin...
Last Week Confirms It. Goodbye, Recession - Hello, Bull Market
Forbes - 4 Nov 2019 04:23
It's time to get optimistic
Apple's Services Gross Margins Keep Getting Thicker
Forbes - 4 Nov 2019 16:30
Apple (NASDAQ: AAPL) published its Q4 FY'19 results on Wednesday, posting a stronger-than-expected set of results that were driven by higher Services revenues and stronger performance of the Wearables, Home and Accessori...
First Horizon Buying Iberiabank in All-Stock Deal
Wall Street Journal - 4 Nov 2019 17:02
First Horizon National Corp. is buying Iberiabank Corp. in all-stock merger, forming a combined organization with $75 billion in assets.
Why Have Texas Instruments' Expenses Only Grown 4.5% Since 2016, While Revenue Is Up 18%?
Forbes - 4 Nov 2019 17:00
Texas Instruments' expenses as a % of revenue have dropped over recent years, and stand at 64.6% of total revenue in 2018, down from 73.1% in 2016. This has largely been due to their increased focused on the industrial a...
Join the Party: DJIA Seen Testing New Record Highs, Joining S&P 500 And Nasdaq
Forbes - 4 Nov 2019 16:51
Earnings roll on this week, but it's mostly smaller names. Uber is the highlight later today. Retailers start up soon. Ten-year yields and major indices appear to be getting a lift early Monday on positive trade news, bu...
General Mills' Cash Flow Increases the Safety of Its Dividend Yield
Forbes - 4 Nov 2019 16:23
Five new stocks made our Safest Dividend Yields Model Portfolio this month. Get a free look at one of the stocks in this month's portfolio.
The Pot Industry Is Scrambling for Cash
Wall Street Journal - 4 Nov 2019 14:00
A sharp drop in their stock-market valuations will have an outsize impact on cannabis companies.
What Investors Can Learn From the Best Poker Players
Wall Street Journal - 4 Nov 2019 05:03
For one thing, don't be more willing to walk away when you've won money than when you've lost it.
Uber CEO Dara Khosrowshahi predicts profitability by 2021
CNBC - 4 Nov 2019 23:53
Uber continues to burn through cash, but CEO Dara Khosrowshahi said the company could become profitable by 2021.
Uber Loses $1.1 Billion, Targets Profitability In 2021
Forbes - 4 Nov 2019 23:39
Uber's business is growing, but it's still a money-losing machine (at least until 2021).
Shake Shack shares fall more than 13% as same-store sales growth disappoints
CNBC - 4 Nov 2019 23:39
Shares of Shake Shack fell on Monday after reporting same-store sales below expectations.
Uber stock falls after earnings beat estimates, but quarterly loss topped $1 billion
CNBC - 4 Nov 2019 22:34
CEO Dara Khosrowshahi has said 2019 will be Uber's peak investment year.
Annaly Capital Management Passes Through 11% Yield Mark
Forbes - 4 Nov 2019 22:15
In trading on Monday, shares of Annaly Capital Management Inc (NYSE:NLY) were yielding above the 11% mark based on its quarterly dividend (annualized to $1), with the stock changing hands as low as $9.04 on the day.
Big VC Deals Will Delay Mexico's First Fintech IPO
Forbes - 4 Nov 2019 21:15
Investments in Mexican fintechs by large firms such as SoftBank and General Atlantic have added liquidity to the market and will likely delay the sector's first initial public offering.
Why Gold Is Up And How High Can It Go?
Forbes - 4 Nov 2019 20:29
Despite the new record highs of the S&P 500 (on October 28, the S&P 500 reached 3637), the gold price has been moving higher.
WeWork Isn't the Only Stumble for Softbank's Vision Fund
Wall Street Journal - 4 Nov 2019 20:21
SoftBank built its nearly $100 billion Vision Fund on the premise that it could pick and boost the most promising startups. WeWork was a high-profile failure, but it isn't the only one that has struggled.
Under Armour Analysts Get Blindsided
Wall Street Journal - 4 Nov 2019 20:19
When Under Armour announced last month that Chief Executive Kevin Plank will step down to become the sportswear maker's executive chairman and brand chief, the move drew plaudits.
Stock Market Hits Another Record High, As Recession Fears Ease
Forbes - 4 Nov 2019 19:58
The Dow broke a previous record high set in July.
New Big Cheese Will Struggle at McDonald's
Wall Street Journal - 4 Nov 2019 19:57
Steve Easterbrook's successor will struggle to maintain the fast-food company's impressive performance as economic forces move against it.
Newell Bonds Slide in Downgrade Fallout, Treasury Yields Climb
Wall Street Journal - 4 Nov 2019 19:46
Newell Brands' bonds dropped amid heavy trading Monday, posting a contrast to the Friday rally in the consumer products manufacturer's stock.
Are Tesla Investors Missing The Point?
Forbes - 4 Nov 2019 19:30
Tesla (NASDAQ: TSLA) stock rallied by close to 24% since it published its Q3 2019 results last week, posting a surprise profit. However, taking a closer look at the underlying numbers and comparing them with the previous...