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Market News

Location American Market News for 22 November 2019

Lenders Brace for Private-Equity Loan Defaults

Wall Street Journal - 22 Nov 2019 15:00
The default risk of companies owned by private-equity firms is 2.5 times that of their public counterparts, according to data collected from banks, insurers and asset managers.
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Smucker Can't Talk Its Way Out of This Jam

Wall Street Journal - 22 Nov 2019 22:01
Repeated guidance cuts and inconsistent comments on the outlook for its pet-food brands are giving J.M. Smucker a credibility problem.
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Fool's Mate or Smooth Move for Chess Broadcaster?

Wall Street Journal - 22 Nov 2019 19:45
World Chess, the official broadcaster for the World Chess Championship, is looking for investors to buy digital tokens from the company.
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How Does AT&T Make Money?

Forbes - 22 Nov 2019 17:00
How Does AT&T Make Money? What Are AT&T's Key Business Segments? Communications: This segment includes Mobility which provides wireless service and equipment, Entertainment and Business Wireless which provides video, internet, and voice communica...
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3 NYSE Stocks Hitting Even Lower Lows: Despite The 2019 Market Rally? Some stocks haven't been participating in the great rally off of last year's late December lows - in fact, a check on what's making the new lows list these days reveals price charts in decline for the better part of quit...
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Trump Says U.S. 'Very Close' To Trade Deal With China, Boosting Stock Market The good news is a reversal from earlier reports of delayed negotiations.
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Bitcoin Isn't Down Because of China, It's Down Because You Don't Need It Crypto markets are not reeling this week because China is "cracking down on Blockchain." Tokens have been getting slammed since the summer because most of them are unnecessary, and because the need for coins that may off...
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Investors Spurn Riskiest Corporate Bonds

Wall Street Journal - 22 Nov 2019 20:11
Investors are demanding more compensation to hold the lowest-rated tier of U.S. corporate bonds than at any time in more than three years, highlighting a selloff that some have taken as a warning signal for other riskier...
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The dividend represents an increase of $0.01 per share, or 10% over the dividend paid in the previous quarter and is payable to shareholders of record as of December 16, 2019, payable on December 30, 2019.
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The Federal Reserve Bank of New York added $80.6 billion in temporary liquidity to the financial system on Friday. It also bought $7.50 billion in Treasury bills.
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Traders Bet on Volatility Comeback in 2020

Wall Street Journal - 22 Nov 2019 19:08
U.S. stocks have been in a calm stretch, but investors are projecting that will end next year.
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Blank-Check IPOs Hit New Record

Wall Street Journal - 22 Nov 2019 18:54
Initial public offerings of special-purpose acquisition companies--shell companies that go public to raise cash for future deals--have raised a record $12.6 billion so far this year, beating the previous peak in 2007.
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Lagarde Urges European Leaders To Raise Spending Strategically The annual economic growth rate of the euro zone was revised slightly higher to 1.2% in the third quarter this year, up from a preliminary reading of 1.1%, a second estimate showed.
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CBDT Chairman P C Mody inaugurates the web portal on Income Tax website.The web portal will be a repository of policy and technical circulars, guidance and notifications issued by the CBDT, and provide links to relevant ...
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Investing in commodities can pay off. Just don't expect to get rich quick.
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Why Has Western Digital's Hard Drive Revenue Dropped 35% Over The Past 5 Years, Despite 50% Growth In Exabytes Shipped? Western Digital (NASDAQ: WDC) has seen a steady growth in number of hard disk exabytes sold over the past 5 years, rising from 249 EB in 2015 to 383 EB in 2019, a growth of over 50%. (1 exabyte = 1 million terabytes). Ov...
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Tesla: Break Glass in Case of Sales Emergency

Wall Street Journal - 22 Nov 2019 17:57
Investors betting on Tesla dominating the truck market have far more to worry about than just a bad omen.
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Why Did SunPower's Total Revenue Drop 15% YoY In 2018? SunPower's (NASDAQ: SPWR) total revenue has dropped from $2.13 billion in 2017 to $1.81 billion in 2018. The fall in revenue for 2018, has mostly been due to the shutting down of SunPower's large scale projects departmen...
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A Simple 6-Step Formula For 60% Returns From Dividend Stocks Dividend stocks, as a group, outperform non-dividend payers.
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A Quality Exec Comp Plan Lowers the Risk of Investing in Cracker Barrel CBRL's executive compensation plan lowers the risk of investing in the company's stock because executives' interests are tied to shareholders' interests.
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Why Adobe's Revenue Growth Rate Looks Poised To Increase In 2020 Adobe (NASDAQ: ADBE) makes money by selling software for creative content and marketing purposes with a focus on user experience. The company's products are offered as subscription-based service and through licenses. Ado...
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Retail Trifecta: Big Retailers Go 3-for-3 With Earnings Results To Cap Season The retail earnings season is ending with a bang as three major retailers report solid results and see their stocks on the rise. The question is whether this translates into gains for the broader market, where major indi...
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