Market News
Deutsche Bank Cites Progress in Turnaround
Wall Street Journal - 10 Dec 2019 11:23
The German lender said it is making progress cutting costs and stabilizing businesses weakened from revenue declines in its effort to convince investors that an ambitious five-month-old reorganization is on track.
Chewy Finally Looks Appetizing
Wall Street Journal - 10 Dec 2019 18:44
After giving up nearly all of its post-IPO gains, the online pet-supplies retailer is starting to look like good value.
AutoZone Races Toward Record, Fueled By Strong Earnings
Wall Street Journal - 10 Dec 2019 23:51
Shares of AutoZone surged Tuesday toward an all-time high after the distributor of automotive replacement parts and accessories reported higher-than-expected sales and profits.
Saudi Aramco Sounds Out Investors on Asia IPO
Wall Street Journal - 10 Dec 2019 22:23
Saudi Arabia still hopes to attract the foreign capital it failed to draw with its record-breaking domestic IPO.
Macerich Shares Cross 11% Yield Mark
Forbes - 10 Dec 2019 22:12
In trading on Tuesday, shares of Macerich Co (NYSE:MAC) were yielding above the 11% mark based on its quarterly dividend (annualized to $3), with the stock changing hands as low as $26.98 on the day.
Retail Renaissance: New Entertainment Options for Consumers
Forbes - 10 Dec 2019 22:06
A number of macro trends, including demographics and technology, effecting the industry are resulting in adjustments to the tenant curation within retail real estate properties.
Only The Financial Pundits See Recession
Forbes - 10 Dec 2019 21:40
BlackRock, State Street, S&P Global Ratings: no recession. #SorryBloomberg.
New York Life in Talks to Buy Cigna's Nonhealth Benefits Unit
Wall Street Journal - 10 Dec 2019 20:59
New York Life is negotiating with Cigna to acquire a unit that sells life, accident and disability-income insurance to employers.
BlackRock Favors U.S. Government Debt Over Other Nations' Amid Policy Pause
Wall Street Journal - 10 Dec 2019 20:58
The world's largest money manager is favoring U.S. Treasurys over other sovereign bonds because it expects yields outside the U.S. to linger near recent lows.
More Trouble Ahead For This FAANG Stock
Forbes - 10 Dec 2019 20:15
Amazon stock just ran up to its 80-day moving average, which has had bearish implications for the security in the past
Five Reasons To Bet Netflix Stock Will Fall
Forbes - 10 Dec 2019 19:33
With Needham forecasting that Netflix could lose up to 4 million U. S. subscribers in its premium tier in 2020, there are 5 reasons to bet the stock could fall.
Daily Dividend Report: Enbridge, Pentair, J & J Snack Foods, Cisco, Sempra Energy
Forbes - 10 Dec 2019 19:18
The declared dividend represents a 9.8 percent increase from the prior quarterly rate and the twenty-fifth consecutive year in which the Company has increased its common share dividend.
What Paul Volcker, Warren Buffett and Peloton Have in Common
Wall Street Journal - 10 Dec 2019 19:00
The former Fed chief is no longer with us, but his name will continue to be misspelled.
Quiet Payments Promote High-Fee Investments for Teachers
Wall Street Journal - 10 Dec 2019 18:46
Undisclosed financial ties sometimes exist between administrators hired by school districts for their teacher retirement plans and the companies whose investment products those administrators promote, The Wall Street Jou...
Fed Pumps $70.2 Billion in Short-Term Liquidity Into Markets
Wall Street Journal - 10 Dec 2019 17:57
The New York Fed continued its financial market intervention and added $70.2 billion in temporary liquidity through two operations.
Ex-Dividend Reminder: El Paso Electric, Conmed and Gilead Sciences
Forbes - 10 Dec 2019 17:32
On 12/12/19, El Paso Electric, Conmed and Gilead Sciences will all trade ex-dividend for their respective upcoming dividends.
Trade Clarity Could Give Commodities Needed Boost
Wall Street Journal - 10 Dec 2019 17:20
Commodity investors are closely watching trade developments between the U.S. and China, hoping that a resolution to their trade war will relieve pressure on a host of materials.
'Lawfare' In Argentina And Alberto Fernández & Cristina Kirchner's War With The Media And The Judiciary
Forbes - 10 Dec 2019 16:55
The then president-elect took to Twitter the week before taking power, where he is looking increasingly like a second-hand version of Donald Trump, to lambast investigative journalist Hugo Alconada Mon, suggesting the re...
Mint Globetrotter Index: Take a trip to Bratislava
livemint.com - 10 Dec 2019 16:45
The Mint Globetrotter index compares the cost of 25 essential travel spends for 50 cities across regions.Here, Mint Money will list these 25 spends for a city and compare it with Delhi
Wall Street Is Cheering A Potential Postponement Of Extra Tariffs On Chinese Goods
Forbes - 10 Dec 2019 16:36
Trade tensions seem to be easing this morning after a report says U.S. and Chinese officials are working on a delay in additional tariffs.
How much tax do you pay on debt-related investments?
livemint.com - 10 Dec 2019 16:29
Equity investments tend to give higher returns than all other asset classes over the long run, but they are also riskier. .Here's a look at the tax rules that apply to some debt-related investment products
Earnings Distortion Analysis Reveals Opportunity In Defensive Sectors
Forbes - 10 Dec 2019 16:15
This sector has the least earnings distortion, earns an attractive rating, and provides value for investors.