Market News
Bills Come Due for China's Local Governments
Wall Street Journal - 27 Dec 2019 19:26
Chinese cities borrowed heavily to build out urban infrastructure, helping fuel the country's red-hot economic growth for nearly two decades. Now, they are under pressure to pay.
How Large Is Cost of Goods Sold Expense For CVS Health?
Forbes - 27 Dec 2019 17:00
CVS Health (NYSE: CVS) spent $146 billion in cost of goods sold expenses in 2016, and the figure increased to $156 billion in 2018, driven by growth in revenues. As a percentage of revenue, COGS declined from 83% in 2016...
Spot the Creeping Tax Increases for 2020
Wall Street Journal - 27 Dec 2019 12:30
Millions of Americans pay more to Uncle Sam than they would if some key tax numbers were indexed for inflation.
What's Fueling Merck's Stock Price Growth?
Forbes - 27 Dec 2019 16:30
Merck's (NYSE: MRK) stock price grew over 50% from around $56 levels in 2017 to around $84 in 2019, primarily driven by revenue growth and expansion of the P/E multiple. Merck's stock price growth was higher than
New York Fed Adds $25.8 Billion to Financial Markets
Wall Street Journal - 27 Dec 2019 16:25
The Federal Reserve Bank of New York added $25.8 billion in liquidity to financial markets Friday.
The Specter of Social Inflation Haunts Insurers
Wall Street Journal - 27 Dec 2019 12:33
Insurance executives' talk about bigger jury awards and increased litigation worry investors.
More Investment Managers Are Helping an Adversary: Short Sellers
Wall Street Journal - 27 Dec 2019 12:30
Stock-picking fund managers are more willing than ever to lend their shares to other investors, including the short sellers who bet against those investments.
U.S. Stock Indexes Climb to Fresh Highs
Wall Street Journal - 27 Dec 2019 01:54
The Dow and S&P 500 climbed to records as markets reopened after the Christmas holiday, and the Nasdaq Composite crossed 9000 for the first time on the back of strong holiday sales.
Leveraged-Loan Downgrades Signal Financial Cracks
Wall Street Journal - 27 Dec 2019 23:19
Downgrades on U.S. leveraged loans in sectors including health care are picking up, a sign of fragility in the booming corporate debt market.
Biotech Is Market Front-Runner Heading Into Election Year
Wall Street Journal - 27 Dec 2019 19:31
The memory of how biotech stocks were beat down by the 2016 presidential election campaign lingers, but there is reason to believe that history won't repeat itself with the sector this time around.
Got Berkshire Hathaway in Your Portfolio? OK, Boomer
Wall Street Journal - 27 Dec 2019 18:41
Millennials hold more Grayscale Bitcoin Trust in their self-directed portfolios than they do Berkshire Hathaway stock.
China 2020: Trade Risks Become Debt Risks
Wall Street Journal - 27 Dec 2019 18:25
China's terrible, no good, very bad year is finally drawing to a close. Next year is set to start off better, but there are some nasty icebergs lurking beneath apparently calmer waters.
What Will The Stock Market Return In 2020?
Forbes - 27 Dec 2019 18:19
It's the most wonderful time of the year -- when investment gurus unveil their predictions for what the stock market will return in the coming year.
Will Revenue Growth From The International Segment Drive Twitter's Top Line?
Forbes - 27 Dec 2019 17:30
Yes, the International segment is expected to contribute nearly two-thirds of the $300 million Twitter is expected to add to the top line in the year 2019. Twitter's International business is expected to contribute $1.6 ...
The Best 4 Dividend Aristocrats For 2020
Forbes - 27 Dec 2019 17:07
With the S&P 500 near a record high and interest rates on the decline, high-yield dividend growth stocks are especially attractive for income investors, asserts Ben Reynolds, a contributors to MoneyShow and the editor of...
Shipping Sets A Course To Clean Up Its Act As Global Pressure Grows
Forbes - 27 Dec 2019 17:00
Around 90% of global trade is moved by ship and the industry is currently responsible for around 2% of emissions, but this figure is expected to grow by between 50% and 250% by 2050 if action is not taken now.
Why Snap's Stock Looks Overvalued
Forbes - 27 Dec 2019 16:00
Snap (NYSE: SNAP) has seen its stock jump 3x in value since the beginning of the year after the camera company quelled investor fears of a stagnating user base by reporting steady growth in this key metric over recent qu...
Apple Stock Broke $2,000; Pre-Split
Forbes - 27 Dec 2019 16:00
If Apple had not executed a 7 for 1 stock split in June 2014 the shares would have closed over $2,000 on Thursday.
The 'Swimming Naked Awards' Go To Donald Trump, U2's Bono And WeWork
Forbes - 27 Dec 2019 15:40
As Asia's chaotic year draws to a close, it's time to honor--expose, more to the point--those who shaped, dominated or were laid bare in 2019.
Don't Skip These 8 Essential Financial Tips, Especially #7
Forbes - 27 Dec 2019 15:30
This is the best financial advice this year.
Why Has Cortexyme's Stock Jumped 2.5x So Far This Month
Forbes - 27 Dec 2019 15:30
Cortexyme (NASDAQ: CRTX) is a clinical stage bio-pharmaceutical company working on Alzheimer's and other degenerative diseases. The company currently has one molecule in its pipeline, called COR388, that has advanced thr...
Vanguard's China Gambit: One Robo Adviser, 5,700 Funds and Ant's 900 Million Users
Wall Street Journal - 27 Dec 2019 15:01
More than two years after laying out its ambitions to bring low-cost investing to China, Vanguard Group is close to rolling out its first business for the country's masses: a robo adviser that will help Chinese investors...