Market News
For Wall Street Analysts, It's Location, Location, Location
Wall Street Journal - 15 Nov 2019 21:36
New research shows that analysts are unduly influenced by what is going on close to home.
Move Over Viagra Ads, Here Come the Financial Advisers
Wall Street Journal - 15 Nov 2019 18:00
The SEC could soon let investment advisors hire celebrity endorsers. What could possibly go wrong?
Is There Any Room For Zynga's Stock Price Growth?
Forbes - 15 Nov 2019 16:00
Zynga's stock price has over 10% room for growth, in our view. The company's fair price estimate based on expected 2019 earnings is $7, according to Trefis estimates, which compares with a near $6 current market price. Z...
U.S. Oil Production Bucks Drilling Slowdown, Keeps Crude Prices in Check
Wall Street Journal - 15 Nov 2019 20:52
Drillers are laying down rigs, hydraulic-fracturing equipment sits idle and U.S. energy producers are promising fiscal restraint. Yet domestic oil and gas production keeps rising.
Ill Wind from U.S. Shale Patch Kicks Up Sandstorm
Wall Street Journal - 15 Nov 2019 20:47
The epic growth in fracking that recently turned the U.S. into a net exporter of petroleum products has spawned entirely new industries. One of them is the supply of sand.
Why Did HP's Stock Price Grow 60% Between 2016 And 2018?
Forbes - 15 Nov 2019 20:00
HP Inc.'s stock price grew over 60% from around $14 levels in October 2016 to around $23 in October 2018, primarily driven by higher sales in the notebook market. The sales growth during this period was also aided by an ...
Here's What Led To A 26% Jump In Zillow Group's Stock In A Month
Forbes - 15 Nov 2019 20:00
Zillow Group, an American online real estate database company, which operates the largest portfolio of real estate and home-related brands on mobile and the web, focusing on all stages of the home lifecycle: renting, buy...
Bond Funds Lose Appeal as Yields Rise
Wall Street Journal - 15 Nov 2019 19:33
A steady rise in Treasury yields has investors putting the brakes on their contributions to U.S. bond funds.
Why Has WWE Stock Declined 20% Over The Last Month?
Forbes - 15 Nov 2019 19:30
World Wrestling Entertainment, a sports entertainment company, has seen its stock price decline by 20% over the past month, following a mixed set of Q3 results that saw the company's revenues and profits decline year-ove...
Is Bed Bath & Beyond Undervalued?
Forbes - 15 Nov 2019 19:10
Yes, Bed Bath & Beyond looks slightly undervalued. As per Trefis, the price estimate of Bed Bath & Beyond's Stock is $14, which is about 4% above the closing price on 13th November, 2019. Bed Bath & Beyond Inc. is an omn...
Slower U.S. Consumer Spending Will Cost the Economy Momentum
Wall Street Journal - 15 Nov 2019 18:54
Sluggish retail-sales growth indicates consumers can't be the economy's only engine.
The Tax Ax Will Fall If You Don't Plan NOW For The Sale Of Your Business
Forbes - 15 Nov 2019 18:33
What we have warned about for so long, the IRS Chief Counsel has now expressly stated in an Advice Memorandum. Deal with it.
Why Has Varian Medical Systems Stock Trended Higher Over The Last Month?
Forbes - 15 Nov 2019 18:30
Varian Medical Systems (NYSE: VAR), a company that specializes in medical devices for radiation oncology treatments, has seen its stock price rise by 10% over the last month, driven in part by reasonably strong Q4 FY'19 ...
Was Nike's Acquisition Of Converse A Bargain Or A Disaster?
Forbes - 15 Nov 2019 18:00
On September 4, 2003, Nike acquired Converse for $315 million - two years after the latter filed for bankruptcy. Converse had annual sales of just over $200 million at the time of acquisition. Fast forward 16 years to Ni...
Spread The News, Recession Likely Soon. Here's What To Watch For.
Forbes - 15 Nov 2019 17:54
Comedian Bill Maher has a line he uses from time to time: "I don't know it for a fact, I just know it's true." Here is an example of that, which will be of interest to anyone who is at all concerned about the mounting ev...
Can eBay Notch Up Higher Revenue Growth Than Amazon's Retail Arm This Holiday Season?
Forbes - 15 Nov 2019 17:30
For the last 15 quarters, Amazon's retail revenue growth has averaged 26.3% versus eBay's 6.5% (on a year-on-year basis). However, the last four quarters have seen significant weakness with Amazon's retail revenue growth...
How Much Of American Airlines' Revenues Comes From Domestic Passenger Travel?
Forbes - 15 Nov 2019 17:00
American Airlines (NASDAQ: AAL) is the largest airline in the world in terms of fleet size, revenues generated as well as passengers carried. In 2018, it operated 956 mainline aircraft and 595 regional aircraft in its fl...
Dental Labs Making Impression On Investors
Forbes - 15 Nov 2019 17:00
As private equity investors continue to seek the next healthcare services market to consolidate, dental laboratories may be in line for the crown.
SEC Chairman Warns on Practices That Risk Teachers' Savings
Wall Street Journal - 15 Nov 2019 16:49
A sweeping federal enforcement initiative aimed at sales practices related to retirement savings for teachers began after the nation's top securities regulator heard things in town halls that worried him.
Driving Higher: Market Keeps Hanging In, On Pace For Another Record-Setting Week
Forbes - 15 Nov 2019 16:45
The market keeps driving higher, whatever gets thrown at it. The trade news this morning sounds good, but we all know how quickly that can change. Nvidia earnings also seemed relatively strong, and the company got some u...
What Is The Fair Price Estimate For Electronic Arts' Stock Based On Fiscal 2020 Earnings?
Forbes - 15 Nov 2019 16:30
Electronic Arts' (NASDAQ: EA) fair price estimate based on expected fiscal 2020 earnings is $106, according to Trefis estimates. This reflects around a 10% premium to the current market price. Electronic Arts is an inter...
Bitcoin's Best Use Case Is One Wall Street Refuses To Believe
Forbes - 15 Nov 2019 16:29
The defining moment of 2019 so far is the incredible cross-asset rally that took place from the bottom of the Christmas Eve 2018 massacre all the way through the low of the 10-year Treasury yield in the first week of Sep...