Market News
The Fund That Does a Lot by Doing Nothing
Wall Street Journal - 20 Dec 2019 17:11
Voya Corporate Leaders Trust hasn't made a major change to its portfolio since 1935, but it's still going strong.
For Investing Success, Buy Ugly Shoes, Sell Fake Meat
Wall Street Journal - 20 Dec 2019 12:30
Heard on the Street's annual stock-picking contest showed the merits of swinging for the fences (one reason readers beat our columnists).
Broadcom's New Hurdle: Making the Sale
Wall Street Journal - 20 Dec 2019 14:00
The acquisitive chip maker will be challenged to find the right buyer for its radio-frequency business.
Quadruple Witching, Nike Earnings Both In Focus Ahead Of Holiday Season's Approach
Forbes - 20 Dec 2019 16:33
Today might be the last chance for a big-volume day before participants head off for the holidays. Quadruple witching could make things interesting. Meanwhile, Nike earnings mostly looked solid, and GDP came in as analys...
Why Guess' Stock Has Traded Sideways The Last Four Years
Forbes - 20 Dec 2019 16:30
Guess' (NYSE: GES) stock price has remained flat around $20 since January 2016 mainly due to the contraction of the P/E multiple, partially mitigated by growth in revenue and lower share count. Moreover, asset impairment...
Uber May Pull Off The Impossible In 2020
Forbes - 20 Dec 2019 16:16
I now expect Uber to turn a profit for the first time ever next year. And I believe its stock has bottomed and will stage a big rally in 2020.
Investors Blindsided as Europe Upends Dispute-Resolution System
Wall Street Journal - 20 Dec 2019 15:11
The European Union is set to annul more than $6 billion in damage claims by investors, as it replaces a decades-old system of private arbitration with national courts.
SEC Probes Listings of Slack, Other Unicorns on NYSE
Wall Street Journal - 20 Dec 2019 22:22
The Securities and Exchange Commission is probing the first day of trading on unicorns listed on the New York Stock Exchange over several years.
Why Adobe Is Expensive And Will Keep Going Up
Forbes - 20 Dec 2019 21:28
Adobe is up 46% this year and trades at a P/E of 55. Is it too expensive? No.
Bulls Return as S&P 500 Cruises Toward Best Week in Months
Wall Street Journal - 20 Dec 2019 20:57
Roughly $16.6 billion flowed into U.S. equity funds in the past week, the most in three months and a signal that investors are showing a renewed interest in stocks following the U.S. and China's announcement of an initia...
Did Bitcoin Bottom? The Positive Case -- And The Negative Case.
Forbes - 20 Dec 2019 20:20
Bitcoin peaked in July, investors began unloading and it's been steadily downward ever since.
Did China End 2019 On A High Note Or A Low One?
Forbes - 20 Dec 2019 20:15
The country has created an entire industry for those who love it, and those who fear its rise.
The Consumer Lives On, but Carefully
Wall Street Journal - 20 Dec 2019 20:07
The only way to get people to spend more money these days is to pay them more.
Tesla's Semi Truck Could Bring In $2 Billion In Revenues By 2025
Forbes - 20 Dec 2019 18:30
Tesla's (NASDAQ: TSLA) all-electric Semi truck, which was unveiled in 2017, could go into limited production as soon as the end of next year. The Semi, which is priced starting at $150k for the 300 mile model and $180k f...
Remember When 2020 Was Supposed To Be A Recession Year?
Forbes - 20 Dec 2019 18:16
The dangers of Trump are like the dangers of recession we were warned about all year: non-existent.
Despite Initial Trade Deal, Analysts Still Project Plentiful Crude in 2020
Wall Street Journal - 20 Dec 2019 17:50
Energy-market analysts are adjusting their oil supply-demand forecasts after an initial U.S.-China trade deal and OPEC supply cuts, but many still see global oil output keeping up with consumption next year.
Disney Critics Are No Phantom Menace
Wall Street Journal - 20 Dec 2019 17:36
Reviews tabulated on the Rotten Tomatoes service so far for Walt Disney's latest Star Wars installment, 'The Rise of Skywalker,' haven't been kind. That could hurt Disney in the pocketbook.
How Much Does ArcelorMittal's Cost Of Sales Affect Its Expense Level And Profitability?
Forbes - 20 Dec 2019 17:30
ArcelorMittal's (NYSE: MT) total expenses have trended steadily higher from around $55.1 billion in 2016 to about $70.7 billion in 2018. As a percentage of revenues, expenses have decreased from 97% in 2016 to 93% in 201...
Nestlé's Food Pairings Are Best in Small Doses
Wall Street Journal - 20 Dec 2019 17:26
Joint ventures are flavor of the month at Nestlé. There are reasons why the trend may catch on at other global brand manufacturers, but such tie-ups should be used sparingly.
Fed Adds $26.7 Billion in Liquidity to Markets
Wall Street Journal - 20 Dec 2019 17:25
The New York Fed added $26.7 billion in temporary liquidity to financial markets via a three-day repurchase agreement, with eligible banks tapping far less than what the central bank was willing to provide.
PFRDA would like to junk annuites and go flexi
livemint.com - 20 Dec 2019 16:19
The FinMin has approved in principle making the Pension Fund Regulatory and Development Authority the sole regulator for all Indian pension products, said Supratim Bandyopadhyay, a member of the authority .PFRDA also pro...
Americans Are Not "Free To Choose" Anymore
Forbes - 20 Dec 2019 16:00
Capitalism, at least the free market version, can't work without competition. It motivates producers to offer the best products at the lowest prices, and lets consumers choose whatever they need. Yet instead of encouragi...