Market News
Intel Cushions Its Capital Pain
Wall Street Journal - 24 Jan 2020 19:46
Production arms race with TSMC grows more expensive, even as data-center sales soar.
Rémy Cointreau Offers Investors a Dry Few Months
Wall Street Journal - 24 Jan 2020 16:47
Rémy Cointreau has blamed a dismal end to 2019 on a series of one-offs, and it won't be clear whether the problems go deeper until the new boss lays out his strategy in June.
10 Top Picks Financial Newsletter Advisors Love For 2020
Forbes - 24 Jan 2020 16:52
Looking for a shopping list of stocks to add to your portfolio? Each year, MoneyShow asks the nation's leading financial newsletter advisors for their top stock ideas for the year. Here are 10 ideas that were selected fo...
Intel's stock jumps 7% on better-than-expected earnings and revenue
CNBC - 24 Jan 2020 01:00
Intel grew revenue 8% in the fourth quarter even as it faced greater competition from AMD.
Discover Shares Plunge on Worries About Troubled Borrowers
Wall Street Journal - 24 Jan 2020 23:34
Shares in Discover Financial Services fell about 11% Friday after analysts raised questions about troubled borrowers in its credit-card portfolio.
2020 Outlook Uncertain
Forbes - 24 Jan 2020 23:07
What kind year we can expect in 2020 is anyone's guess. Rational minds know that the good times can't last forever which is just one reason why investors who only invest on the long side may want to consider rethinking t...
Why Invest? A 22-Year-Old's Tough Questions About Capitalism
Wall Street Journal - 24 Jan 2020 22:47
Investment analyst Laurence Siegel tries to convince a 22-year-old skeptic why the future for markets--and the environment--is bright.
Sonos Hears You
Wall Street Journal - 24 Jan 2020 22:14
Many Sonos customers got an email from the smart-speaker company this week informing them that devices introduced between 2005 and 2011 would no longer receive software updates and new features. The company quickly backt...
The 5G Race: AT&T And Verizon Set To Release Q4 Earnings
Forbes - 24 Jan 2020 21:31
For telecom companies, this year is all about 5G, the next generation of mobile broadband that promises exponentially faster upload and download speeds. Companies in this sector all want a slice of the 5G pie, making the...
Coronavirus Hits Some Business: Here Are The Companies Closing Shops As Disease Spreads
Forbes - 24 Jan 2020 20:11
Tens of millions of people have been quarantined in China's Hubei Province.
Hunt For Yield Boosts Corporate Bond Sales, Prices
Wall Street Journal - 24 Jan 2020 19:30
Corporate bond prices pushed higher Friday, extending a rally that has spurred a wave of issuance by companies of all kinds.
Tiger Global Raises $3.75 Billion Venture Fund
Wall Street Journal - 24 Jan 2020 19:30
The fund raise signifies investors' continued hunger for yield in a low-interest-rate environment and their belief that exposure to private technology continues to be a good investment
Coronavirus Fears Continue to Weigh on Crude
Wall Street Journal - 24 Jan 2020 19:01
U.S. crude prices were on track for their worst week since July, weighed down by fears that a deadly new virus spreading throughout China and other countries will hurt demand.
Refinancing Boom Fuels Mortgages to Postcrisis Record
Wall Street Journal - 24 Jan 2020 18:14
The mortgage market in 2019 had its best year since the height of the precrisis boom, the latest sign that housing is firming up after showing signs of weakness early last year.
The Vanguard Energy ETF Crowded With Sellers
Forbes - 24 Jan 2020 17:59
In trading on Friday, shares of the Vanguard Energy ETF (VDE) entered into oversold territory, changing hands as low as $76.15 per share.
Notable ETF Inflow Detected - IWF, Pepsi, Coca-Cola, Texas Instruments
Forbes - 24 Jan 2020 17:53
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF where we have detected an approximate $425.3 million dolla...
Why Gap's Decision To Scrap The Proposed Old Navy Separation Is A Good Move
Forbes - 24 Jan 2020 17:30
Gap Inc. is no longer pursuing the separation of its largest brand, Old Navy. The company has called off its proposed spin-off, and Gap will continue to operate as a single entity. The management indicated that the cost ...
U.K. Financial Regulator Gets Interim Chief Executive
Wall Street Journal - 24 Jan 2020 17:25
The U.K government appointed Christopher Woolard as interim chief executive of its main financial regulator to replace Andrew Bailey, who's leaving to become governor of the Bank of England.
Tesla Stock To $0?
Forbes - 24 Jan 2020 17:22
Trefis analysis shows Tesla's stock could potentially drop to $0 from its current levels of over $500. We outline how Tesla could end up defaulting on its roughly $13 billion in debt, a meaningful portion of which mature...
Rolls-Royce Plans 'Mini' Nuclear Power Plants By 2029 Delivered In Chunks Via Trucks
Forbes - 24 Jan 2020 17:07
The British blue chip company, known for providing power solutions for aircraft, ships and land projects, says its Small Modular Reactor concept would dramatically reduce the cost of building nuclear power sites.
Is IHS Markit Overvalued?
Forbes - 24 Jan 2020 17:00
IHS Markit had a hugely successful fiscal year 2019 (ending November), with strong revenue growth across segments driving steady improvement in profits. This helped the company's stock jump 65% from $48 in January to aro...
Intel's Strong Quarter Could Set A Positive Tone As Coronavirus Fears Retreat
Forbes - 24 Jan 2020 16:51
The chipmakers could be back in front today after an impressive outing from Intel. Chips helped lead the long rally into 2020, so their health is important to monitor.