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Market News

Location American Market News for 10 January 2020

Money-Losing Companies Mushroom Even as Stocks Hit New Highs

Wall Street Journal - 10 Jan 2020 00:16
A combination of forces has pushed the percentage of listed companies in the U.S. losing money over 12 month is close to 40%, its highest level since the late 1990s outside of postrecession periods.
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The Fear Trade Perks Up A Bit: Gold, Oil And The VIX The volatility index is showing a series of higher lows even as the S&P 500 hits new highs.
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Is Cost Of Sales The Key Driver Of Procter & Gamble's Expenses And Profitability? Procter and Gamble's total expenses have risen gradually from around $54.86 billion in 2017 to about $63.72 billion in 2019. However, expenses in 2019 included a one-time $8.35 billion write-down of Gillette.Cost of sale...
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Low Liquidity Fueled Hidden Flash Crash in Junk Bonds

Wall Street Journal - 10 Jan 2020 15:00
Violent price swings were common last fall in the riskiest segment of the market for corporate bonds and loans rated below investment-grade, a sharp contrast to the relative calm in most markets at the time.
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Oil Producers Are Setting Billions of Dollars on Fire

Wall Street Journal - 10 Jan 2020 12:30
Massive amounts of natural gas are being burned to make way for oil production. Unless the incentives are changed, the harmful practice will become even more common in the U.S.
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The S&P 500 Is Likely To Be Lower At The End Of January The S&P cycles are topping.
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Genuine Parts Becomes Oversold

Forbes - 10 Jan 2020 23:22
Genuine Parts Becomes Oversold The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics -- s...
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Casper Files For IPO But Warns It Won't Be Profitable Anytime Soon The company was valued at $1.1 billion in its last round of funding.
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A Hong Kong real-estate investor is set to buy a central-London residential property for just under £210 million ($274 million), in what would be the U.K.'s most expensive house sale ever.
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Mattress Seller Casper Sleep Files for IPO

Wall Street Journal - 10 Jan 2020 21:45
The company didn't offer a size for the offering, but did give a placeholder amount of $100 million to calculate the size of its registration fee.
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Don't Discount A Black Swan Event For China

Forbes - 10 Jan 2020 20:56
Don't Discount A Black Swan Event For China Here's the biggest black swan risk in China few are talking about.
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Don't Get Punk'd by Celebrity Investor Wealth

Wall Street Journal - 10 Jan 2020 20:10
British fintech firm Tide was looking to generate some buzz, so it launched a study with two things that rarely fail to get attention: Famous people and piles of money. It just seems to have taken the financial part of t...
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RIP Stretch IRAs

Forbes - 10 Jan 2020 19:46
Late last year, Congress passed the SECURE act, the most far reaching change in retirement planning and estate planning in over a decade. Of particular importance to anyone with more than trivial retirement plan or IRA a...
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The Job Market's Manufactured Weakness

Wall Street Journal - 10 Jan 2020 19:40
Manufacturing was the soft spot in December's jobs report, shedding 12,000 jobs.
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Dunkin' Brands Group Breaks Above 200-Day Moving Average In trading on Friday, shares of Dunkin' Brands Group crossed above their 200 day moving average of $77.53, changing hands as high as $78.09 per share.
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Dow Hits 29,000 For First Time, Despite Sluggish Jobs Report And Ongoing Tensions With Iran The stock market ended a volatile week on a high note.
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Best Countries For Fixed Income In 2020

Forbes - 10 Jan 2020 19:06
Best Countries For Fixed Income In 2020 Three countries whose bonds you will want to own if you can.
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Apple and Microsoft Are Dazzling Investors. That Won't Last.

Wall Street Journal - 10 Jan 2020 18:36
The shiniest stocks are driving the bull market higher. But rusty old bargains will eventually have their day.
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Due to the lack of federal regulation of cannabis, each state is challenged with identifying, monitoring and stopping a public health crisis. Without strong federal rules and an efficient monitoring system to track data ...
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Beyond Meat's Shares Are Having Their Best Week in Months

Wall Street Journal - 10 Jan 2020 18:24
The plant-based meat substitute company has soared more than 20% this week, heading toward their biggest weekly gain since July. Still, large weekly gains and losses aren't uncommon for the stock.
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Single-Asset Power Deals Find Inhospitable Market As $2.6 Billion Of Maturities Close In A spate of leveraged loan deals backing single-asset fossil fuel power generators completed during the early part of the 2010s are set to mature over the next two years. But the environment for financing these assets has...
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ESG Advent Leaves Coal Assets - And Investors - Stranded To some investors, the advent of environmental, social, and governance (ESG) investing represents the welcome arrival of a more conscientious investment approach in the U.S. - and the coal mining sector is low-hanging fr...
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