Market News
For Ethical Investors, Oil Isn't Aramco's Only Problem
Wall Street Journal - 14 Nov 2019 13:45
Can an oil and gas company count as a sustainable or ethical investment? In Saudi Aramco's case, the obvious question of its carbon emissions may not even be the main problem for the increasing numbers of investors who f...
Rising Treasury Yields Quiet Investors' Concerns
Wall Street Journal - 14 Nov 2019 15:00
Yields on U.S. government bonds have rebounded from near-historic lows, sending one of the clearest signals yet that investors' recession fears have waned.
China's Venture Capital Boom Is Over, Leaving Investors High and Dry
Wall Street Journal - 14 Nov 2019 12:35
China's venture-capital boom, which spawned some of the world's most valuable technology companies and dozens of rags-to-riches entrepreneur tales in recent years, has come to an end.
SoftBank's $1 Billion Investment in Wirecard Came With a Twist---No SoftBank Cash
Wall Street Journal - 14 Nov 2019 23:42
Shares of electronic payments company Wirecard jumped in April after news of an investment by SoftBank, but the commitment ended up coming from the personal accounts of a group of SoftBank employees and an outside invest...
Leon Cooperman Responds To Elizabeth Warren's Anti-Billionaires TV Ad: 'She's Disgraceful'
Forbes - 14 Nov 2019 22:17
The feud between Cooperman and Warren escalates, yet again.
Kraft Heinz Crosses Above 5% Yield Territory
Forbes - 14 Nov 2019 22:12
In trading on Thursday, shares of Kraft Heinz were yielding above the 5% mark based on its quarterly dividend (annualized to $1.6), with the stock changing hands as low as $30.61 on the day.
How To Bank 25% In 11 Months From Safe Bonds
Forbes - 14 Nov 2019 22:10
Interest rates are the talk of the bond world right now. They are going up for once!
OPEC Cuts U.S. Oil Output Growth Forecast
Wall Street Journal - 14 Nov 2019 22:05
The Organization of the Petroleum Exporting Countries lowered its oil production growth forecast for non-cartel countries for 2020, citing a downward adjustment to its forecast for the U.S.
5 tips to protect savings in times of inflation
livemint.com - 14 Nov 2019 21:29
Mint lists five ways to protect yourself from inflation
Goldman Promotes 465 Managing Directors as It Looks to Regain Its Luster
Wall Street Journal - 14 Nov 2019 21:00
Women make up a record 29% of newly minted managing directors at the Wall Street firm.
Latin America Currencies Continue to Slip
Wall Street Journal - 14 Nov 2019 20:49
Latin American currencies continued a recent slide, pressured by mounting political uncertainty throughout the region.
Are We Headed For The Next Recession?
Forbes - 14 Nov 2019 20:24
Commonwealth CIO Brad McMillan looks at job growth, the yield curve and business and consumer confidence to evaluate how close the next recession may be.
Walmart's Stock Goes Upscale
Wall Street Journal - 14 Nov 2019 20:22
Walmart had solid quarterly results and shined in e-commerce, but investors are blanching at its valuation.
The Razr Is Back, but Does It Come in Pink?
Wall Street Journal - 14 Nov 2019 19:42
Motorola is trying to resurrect its once-popular Razr phone--again. At least this time, the company has plenty of mistakes to learn from.
An Awkward Anniversary for the Dow
Wall Street Journal - 14 Nov 2019 19:16
The Dow closed above 1000 points on this date in 1972 but it would take more than 10 years to finally conquer the four-digit mark.
Why You Need To Value Your Company Every Year
Forbes - 14 Nov 2019 19:14
Valuing your company every year might spare you from an adverse judgment in a lawsuit or deliver to you a higher sale price when you sell your firm.
Wells Fargo's General Counsel, Former Interim CEO Parker to Leave
Wall Street Journal - 14 Nov 2019 18:47
Wells Fargo & Co. said Thursday its general counsel who recently served a stint as interim chief executive, C. Allen Parker, will leave the bank at the end of March.
Medical Cannabis Patients Should Not Be Victims Of Vaping Bans
Forbes - 14 Nov 2019 18:41
Vaping bans risk hurting medical cannabis users.
Two People In China Got The Black Death Plague--But Chances Of Another Pandemic Are 'Close To Nil'
Forbes - 14 Nov 2019 18:19
The plague is still around, but chances of another global outbreak are slim.
New York Fed Pumps In $104.293 Billion in Temporary Liquidity
Wall Street Journal - 14 Nov 2019 17:18
The New York Fed added $104.293 billion to financial markets through overnight repurchase agreements and from a 13-day repo operation.
Shoppers Rise To The Occasion As Walmart Reports Another Impressive Quarter
Forbes - 14 Nov 2019 16:44
Walmart's strong earnings are dominating the morning news, but underneath there's some worrying signs. Bonds are up again, jobless claims rose, and Cisco's outlook appeared to disappoint analysts.
Rewrite of Lower-Income Lending Rules to Advance in December
Wall Street Journal - 14 Nov 2019 16:43
A top bank regulator is poised to propose changes to bank lending requirements that could potentially transform the way lenders make billions of dollars in loans, investments and donations to customers in lower-income ar...