Market News
Watch China Pharma Stocks Go Through The Roof On Monday
Forbes - 31 Jan 2020 22:13
For the WeChat obsessed, hunt for stocks with the word Corona or Drugs or Virus in them. It might be a lucky seven.
IBM Splits the Difference
Wall Street Journal - 31 Jan 2020 20:34
How does one shake up the leadership of a century-old company that prides itself on stability in the top ranks? The answer from IBM's board: Very carefully.
Chevron posts $6.6 billion loss in the fourth quarter
CNBC - 31 Jan 2020 17:10
Chevron reported a loss of more than $6 billion for the fourth quarter, and also missed revenue expectations.
Amazon soars after huge earnings beat
CNBC - 31 Jan 2020 00:06
Amazon's profits rebounded during the quarter, proving its investments in one-day delivery paid off.
U.S. Declares Coronavirus A Public Health Emergency As Major Airlines Suspend China Travel
Forbes - 31 Jan 2020 23:57
Despite calling the virus a "public health emergency," U.S. officials said the risk to the American public remains "low" at this time.
Ray Dalio Is Still Driving His $160 Billion Hedge-Fund Machine
Wall Street Journal - 31 Jan 2020 23:48
The billionaire had a plan to give up stewardship of Bridgewater, the world's largest hedge-fund firm. A decade later, his word nearly always wins out.
Rough Ride As January Ends On Sour Note Amid Increased Virus, China Stock Market Fears
Forbes - 31 Jan 2020 23:35
Travel stocks continued to get hammered in Friday's sell-off, but it was interesting to see volatility stay in check. VIX stayed below 20, which might imply that fear isn't getting into really critical territory yet.
Markets Plummet, Dow Drops Over 600 Points As Coronavirus Infections Outpace SARS
Forbes - 31 Jan 2020 23:18
Stocks fell for a second week in a row, with Friday's sell-off wiping out the Dow and S&P 500's gains so far in 2020.
Insurance Tycoon Greg Lindberg's Bribery Case Heads to Court
Wall Street Journal - 31 Jan 2020 22:28
A federal judge denied motions by Greg Lindberg and two fellow defendants to dismiss charges against them. They have been charged with honest-services fraud and bribery.
Betsy Devos: Here's My Fix For Student Loan Forgiveness
Forbes - 31 Jan 2020 20:23
Betsy DeVos has a plan to fix student loan forgiveness.
Treasury Bond Yields Fall to Three-Month Low
Wall Street Journal - 31 Jan 2020 19:36
Treasury bond yields dropped on growing concern that the spread of the coronavirus and accompanying production shutdowns could significantly slow economic growth world-wide through the first half of 2020.
Deutsche Lufthansa Reportedly Mulling IPO Of Lufthansa Technik
Forbes - 31 Jan 2020 18:15
On January 22, 2020, Bloomberg reported that Deutsche Lufthansa AG (OTC US: DLAKY US, $15.53, Market Cap: $7.4 billion; Xetra: LHA GR, €14.10, Market Cap: €6.7 billion) is planning for a partial spin-off or IPO of it...
The Stock Got Crushed. Then the ETFs Had to Sell.
Wall Street Journal - 31 Jan 2020 18:00
The intense trading in a beaten-down company's shares shows how important it is for index-fund investors to understand what they own.
Methuselah Could Now Make IRA Contributions: SECURE Act
Forbes - 31 Jan 2020 17:18
In another nod to a population that is working longer and living longer, the SECURE act repealed the 70 ½ age limit for making IRA contributions. This provision could be valuable to anyone that continues to work after a...
China's Coronavirus Will Be Worse Than SARS, But What Does That Even Mean?
Forbes - 31 Jan 2020 17:14
Despite all the panic, this could easily be over sooner than anyone expected.
Exxon Mobil's fourth-quarter earnings fall short of expectations
CNBC - 31 Jan 2020 16:43
Exxon Mobil's fourth quarter earnings missed analyst estimates, although revenue came in ahead of expectations.
Amazon's ad business is booming, and there's still room to grow
CNBC - 31 Jan 2020 16:40
Amazon's advertising segment was just one factor in the company's blowout fourth-quarter, but the company outlined ways it forecasts growth in the high-margin business.
Scrimmage Line: Month-End Profit-Taking Might Weigh, Along With Pre-Weekend Fears
Forbes - 31 Jan 2020 16:29
There's some month-end positioning taking place here. Many investors had a great month and might be booking a little profit. Meanwhile, fears about the coronavirus spreading and disappointing earnings news from Caterpill...
Three Questions with Goldman Sachs' Maeve DuVally
Wall Street Journal - 31 Jan 2020 15:32
A Goldman Sachs managing director in corporate communications moved into the spotlight last year when she shared her transition story with the world.
Will Chipotle Beat Consensus For FY 2019?
Forbes - 31 Jan 2020 15:30
Chipotle Mexican Grill is slated to release its Q4 and full-year 2019 results on February 4, 2020. We believe that Chipotle's Revenues and earnings will beat consensus. We expect Chipotle to report revenues of $70.6 bill...
15 Actions Your Business Can Take To Prepare For Unexpected Financial Hurdles
Forbes - 31 Jan 2020 15:15
Take measures today to safeguard your business finance.
Add Up The Parts: The IShares U.S. Healthcare ETF Could Be Worth $235
Forbes - 31 Jan 2020 15:08
For the iShares U.S. Healthcare ETF (IYH), we found that the implied analyst target price for the ETF based upon its underlying holdings is $235.37 per unit.