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Market News

Location American Market News for 7 November 2019
Earnings Distortions Make Northrop Grumman's Stock a Sell The Earnings Distortion Scorecard shows this stock is one investors should avoid despite its earnings beat on October 24.
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The Trump administration is updating life-expectancy tables governing required withdrawals from tax-advantaged retirement accounts.
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Dropbox revenue growth accelerated sequentially in the third quarter as the company seeks to improve the collaborative experience.
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Disney's fiscal fourth-quarter earnings come just days before Disney+ is set to launch.
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A consensus-based effort to tax the digital economy

livemint.com - 7 Nov 2019 21:41
OECD to develop a consensus-based solution to align international tax laws to the fast-changing business models through revised profit allocation and revised nexus rules.The new nexus rule proposes to define a sales reve...
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Treasury to Sell $87 Billion in Debt

Wall Street Journal - 7 Nov 2019 21:27
The U.S. Treasury Department will auction next week $87 billion in securities, comprising 13- and 26-week bills.
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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
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Roku Gets Splashed by Streaming Wars

Wall Street Journal - 7 Nov 2019 20:20
The richly valued stock is vulnerable to perceived--and real--competitive threats.
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Google Sends Travel Website Stocks on Bad Trip

Wall Street Journal - 7 Nov 2019 19:31
Changes to Google's algorithm put a dent in results at TripAdvisor and Expedia Group.
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Tinder Parent Gets Boost From Wall Street Analysts

Wall Street Journal - 7 Nov 2019 18:59
After a string of bullish analyst notes, shares of Match Group--whose portfolio of online dating platforms includes Tinder, Hinge and Match.com--were recently trading up more than 5%, outpacing the broader market.
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Will Consumer Confidence And Consumer Spending Be The Catalyst To Christmas Shopping Season? Analysts Await Insight As retail industry adjusts to 'new normal,' discounters are expected to fare well in Q3 results.
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Capital One Senior Security Officer Being Moved to New Role

Wall Street Journal - 7 Nov 2019 18:27
Capital One Financial is moving its chief information security officer out of the role in the wake of the bank's massive data breach.
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Rebound in Treasury Yields Hurts Gold and Silver

Wall Street Journal - 7 Nov 2019 18:02
A recent rally in Treasury yields threatens to undercut the 2019 rally in precious metals like gold and silver, highlighting how recent progress on a trade agreement is pushing investors to take on more risk.
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Expedia and TripAdvisor stocks tanked following poor third-quarter earnings after the bell Wednesday.
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Uber-Sized Losses Cloud Softbank's Vision

Forbes - 7 Nov 2019 17:40
Uber-Sized Losses Cloud Softbank's Vision Masayoshi Son's first Vision Fund is packed with deals now amassing billions in losses and plunging stocks into the red - including Softbank's.
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The Wave of Negative Rates Starts to Recede

Wall Street Journal - 7 Nov 2019 17:33
Negative yields on long-term European government bonds took financial markets by storm earlier this year but are starting to fade away as investors express renewed optimism about global economic growth.
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No Distress: Kazakhstan's Within the universe of frontier markets, Kazakhstan's move towards the capital markets keeps it solvent, while its closed market peers get worse.
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In Today's Auto Industry, Even Toyota Needs Friends

Wall Street Journal - 7 Nov 2019 16:37
It is revealing that even Toyota Motor, which makes more profit than any other car maker globally, doesn't feel it can face the future of the auto industry on its own.
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With Disney Earnings Looming Later, Market Eyes Positive Trade News, Qualcomm All eyes will likely be on Disney after the close today, with the company reporting earnings just days ahead of the launch of streaming service Disney+. Meanwhile, stocks and Treasury yields look like they're getting an ...
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Some pension-fund managers are venturing further into unusual investment territory as this year's plunge in bond yields makes it even harder to find decent long-term returns.
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James Bond Favorite Aston Martin Lagonda Loses $17 Million In Third Quarter The luxury car group--one of the world's biggest sports car brands-- said it was hit by a drop in demand across Europe, Asia, Africa and the Middle East and a fall in wholesale volumes.
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Argentina's Bonds: Good Luck Figuring This One Out Argentina cannot afford its debts. Even if the IMF gives them a 50% cut and extends the payment plan, they're broke.
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