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Market News

Location American Market News for 8 November 2019

Ironing Out an Investing Mystery

Wall Street Journal - 8 Nov 2019 18:00
'Earnings management' has become even more widespread in emerging markets than in developed markets like the U.S.
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Blackstone Group is taking a majority stake in the owner of dating app Bumble as part of the private-equity giant's broader push to invest more in fast-growing companies.
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SBI said the rate revision on FDs will apply from 10th November.SBI also cut its lending rate today
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Bitcoin, ETH, XRP, LTC, And XLM's Next Big Test: Thanksgiving Season Bitcoin and other major are facing a big test this Thanksgiving season, which could determine the next major moves in cryptocurrency markets.
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Bond prices rose after President Trump said he hadn't agreed to roll back tariffs on China, boosting demand for safe assets, but
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Here's Everything To Know About 11/11 Singles' Day The world's biggest shopping day is expected to attract a record haul this year.
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Crude Rally Fades on Chinese Oil Import Record

Wall Street Journal - 8 Nov 2019 23:10
A nascent rally in oil prices fizzled after Chinese customs data showed the country imported more crude in October than ever before, despite the continuing trade friction with the U.S.
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Executives Convicted in Long-Running Italian Banking Scandal

Wall Street Journal - 8 Nov 2019 21:54
A Milan court on Friday convicted 13 former and current executives of Banca Monte dei Paschi di Siena, Deutsche Bank and Nomura International in a long-running judicial saga tied to losses at the troubled Italian bank.
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Plastics Still Matter to Payments

Wall Street Journal - 8 Nov 2019 20:54
For all the publicity that digital payments get, most consumers still rely on good old plastic cards to transact. And someone has to make that plastic card, and someone has to sell it.
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Consumers Could Spread Some Holiday Cheer

Wall Street Journal - 8 Nov 2019 20:25
Americans aren't as chipper heading into the holidays as they were last year, but certain pocketbook measures bode well for holiday spending.
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Daily Dividend Report

Forbes - 8 Nov 2019 19:26
Assurant, a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases, announced that its Board of Directors approved a quarterly dividend increase of $0.03 to ...
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Friday Sector Leaders and Laggards

Forbes - 8 Nov 2019 19:19
In trading on Friday, auto dealerships shares were relative leaders, up on the day by about 2.1%.
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Windstream/Uniti Dispute Could Make for an Interesting Thanksgiving The bankruptcy court will ultimately determine whether Windstream's spinoff of its network into Uniti's REIT was a legitimate lease agreement or a disguised financing.
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Top Buys by Directors: Swan's $499K Bet on INTC Top Insider Buys By Company Directors The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice.
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Target's Top Line Growth Fueled By Higher Comparable Sales Target (NYSE: TGT), whose stock is currently trading at around $110, generates its revenue from its Stores operating across the US. In this note we discuss the historical performance, and expected Total Revenue for FY 20...
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Unpublished Labor Department Data Unveils A Dimmer Picture Unemployment numbers can be misleading, as averages often are. Unpublished data from the Labor Department shows a more nuanced picture where the health and wealth of the American worker are not as widespread as the headl...
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Toyota Motors To See Top Line Growth Amid Auto Industry Slowdown? Yes, Toyota Motor Corporation (NYSE: TM), whose stock currently trades at around $140, is expected to see a modest growth of 4.2% to its Top line. The company generates its revenue primarily from its Automotive division ...
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Disney Needs to Keep the Hits Streaming

Wall Street Journal - 8 Nov 2019 17:09
Disney shares rise yet again as Amazon deal gives Disney+ service more access to cord-cutting audience.
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Flat Start Seems Likely Even After Strong Disney Results, But Gap Shares Get Slammed Stocks have made record highs most of the week, so it's too much to expect them to rocket higher every day. Today might be a "maintenance" type of day where flat results are kind of a victory. The market remains incredib...
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Pete Buttigieg Releases $1.6 Trillion Plan For Affordable Housing, Colleges And Child Care Mayor Pete's new economic agenda calls for over $1 trillion in spending over the next decade.
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What Investors Need To Know About ASU 2016-01's Impact On Invested Capital And OCI ASU 2016-01 will have a significant impact on GAAP earnings for companies that hold large amounts of equity securities.
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Discover Financial's Dividend Growth Potential is High Discover Financial Services (DFS) is the featured stock from October's Dividend Growth Stocks Model Portfolio.
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