Market News
Dollar General Stock Flashing 'Buy' Signal Ahead of Earnings
Forbes - 3 Dec 2019 21:34
Dollar General could revisit record highs going into 2020
Twitter Plans First Sale of High-Yield Debt
Wall Street Journal - 3 Dec 2019 19:17
The social-media company aims to raise $600 million as it tries to bounce back from disappointing third-quarter earnings.
Fed Adds $99.557 Billion in Short-Term Liquidity to Markets
Wall Street Journal - 3 Dec 2019 17:43
The Federal Reserve Bank of New York added $95.557 billion in temporary liquidity to financial markets Tuesday.
Bridgewater Co-CEO to Leave the Hedge Fund
Wall Street Journal - 3 Dec 2019 19:44
Bridgewater Associates said Eileen Murray, one of its two chief executives, plans to step down, marking the culmination of a succession plan at the world's largest hedge fund.
Investors Tune Out Discord to Embrace Brazil's Turnaround
Wall Street Journal - 3 Dec 2019 12:30
Brazilian President Jair Bolsonaro has been accused of destroying the environment, endangering human rights and offending women and gay people. But for companies trying to raise money, he is a rainmaker.
We Are on the Brink of the Second Great Depression
Forbes - 3 Dec 2019 10:21
Do I think currency devaluations will happen in any significant way in the next few years? It is not my highest probability scenario. But imagine a recession that brings the US deficit to $2 trillion, possibly followed b...
Salesforce's stock bounces around after revenue and profit beat
CNBC - 3 Dec 2019 23:09
Salesforce is counting on big acquisitions to maintain its high rate of revenue growth.
Sharp Drop Threatens to End Recent Tranquility in the Stock Market
Wall Street Journal - 3 Dec 2019 22:45
Tuesday's decline in the Dow industrials could end a 38-session streak without a fall of at least 1%.
Lands' End Shares Jump on Earnings, Cold Weather
Wall Street Journal - 3 Dec 2019 22:36
Chilly weather across much of the U.S. has boosted Lands' End Inc. stock, which was a rare bright spot in the markets on Tuesday.
Does The Deflationary Dream Bail Us Out?
Forbes - 3 Dec 2019 22:22
Maybe. Lemme take you back to 1986 when the Big Board was delivering zippy 30 and 40-point up and down days. Spot prices for oil had collapsed to a sawbuck per barrel and year-over-year had snuffed out any inflation left...
Soft Brexit On Track; Tory Win Likely Though Election Uncertainty Remains High
Forbes - 3 Dec 2019 22:17
Despite substantial uncertainty surrounding the 12 December UK election, GeoQuant maintains its longstanding call that a soft (planned) Brexit is likely, as reflected in relatively low Institutional Stability Risk.
Adopted child is class-1 heir and has equal rights in father's property
livemint.com - 3 Dec 2019 20:35
Father's properties will devolve equally among all class-I heirs under the Hindu Succession Act, 1956.An absolute owner of a share in property, one can absolutely and without any fetters deal with his share in the proper...
Investors Flocking To Government Tech Plays
Forbes - 3 Dec 2019 20:24
M&A activity has been especially strong for service businesses centered around the government procurement supply chain, according to industry experts.
Earnings Preview: What To Expect From Slack On Wednesday
Forbes - 3 Dec 2019 20:02
Slack Technologies, Inc., is scheduled to report earnings after Wednesday's close. The stock hit a record high of $42/share when it started trading in 2019 and is currently trading near $22/share.
Earnings Preview: What To Expect From Ulta Beauty On Thursday
Forbes - 3 Dec 2019 19:51
Ulta Beauty, Inc., is scheduled to report earnings after Thursday's close. The stock hit a record high of $368.83/share in 2019 and is currently trading near $234/share.
Natural Gas Jumps on Colder Weather Forecasts
Wall Street Journal - 3 Dec 2019 19:43
Futures climbed after some climate models predicted a sweep of cold weather across the Midwest and eastern two-thirds of the U.S.
Amazon Dots the Landscape
Wall Street Journal - 3 Dec 2019 19:26
The cheap Echo Dot smart speaker is a constant holiday hit.
Cisco: The Next IBM?
Forbes - 3 Dec 2019 19:10
Cisco's 'song' has begun to sound like IBM's recently.
Target & Walmart Vs Amazon: Who Will Win The Holiday Season?
Forbes - 3 Dec 2019 19:03
Amazon is best positioned to be the winner of this year's holiday shopping season.
Tax dept issues 21 mn tax refunds till Nov; ₹1.46 lakh cr refunded
livemint.com - 3 Dec 2019 18:26
68% of refunds were issued within 30 days from the date of the e-verification of income tax return.20% increase in processing Income Tax refund returns this year, says CBDT
Fidelity's Asset-Management Chief to Retire in February
Wall Street Journal - 3 Dec 2019 17:40
The head of Fidelity Investments' asset-management business, Steve Neff, will retire in February, a person familiar with the matter said.
After 2 Years Of Decline, What Could Drive A $3 Billion Jump In Barrick Gold's Revenue?
Forbes - 3 Dec 2019 17:30
Barrick Gold (NYSE: GOLD) saw its total revenues decline by $1.32 billion in the last two years, from $8.56 billion in 2016 to $7.24 billion in 2018. Lower revenues were driven by lower gold and copper shipments due to d...