Market News
Dark Clouds and a Silver Lining for Alibaba
Wall Street Journal - 13 Feb 2020 17:24
The coronavirus outbreak will certainly break Alibaba's recent momentum, but it could eventually boost some of its e-commerce businesses.
A Deeper Dive Into New Rules for Retirement Plans
Wall Street Journal - 13 Feb 2020 12:30
The Wall Street Journal explains the new rules governing inheriting and taking required distributions from tax-advantaged accounts--with tips for updating your financial plan, as well.
Natural-Gas Remains Plentiful as Mild Winter Continues
Wall Street Journal - 13 Feb 2020 22:45
Stockpiles are more than 30% above their levels from a year ago, new government data show, the latest signs that robust supply and mild heating demand are contributing to a glut of the fuel.
Treasury to Sell $132 Billion in Debt
Wall Street Journal - 13 Feb 2020 22:02
The U.S. Treasury Department will auction next week $132 billion in securities, including 30-year Treasury inflation-protected securities.
Inflation Could Heat Up With World's Workshop Locked Down
Wall Street Journal - 13 Feb 2020 20:22
Inflation might be about to head higher for reasons that have little to do with what is going on the U.S. and much to do with what is happening in China.
$12.4 Billion Snowflake Could Go Public In July As Its Top Line Soars At 174%
Forbes - 13 Feb 2020 20:08
Cloud software vendor Snowflake is valued at $12.4 billion after raising $479 billion and could go public in July
From Apocalypse Now to Acropolis Wow
Wall Street Journal - 13 Feb 2020 19:47
Greek debt has made brave investors rich, but the risk-reward is a lot less attractive now.
Treasury to Sell 30-Year Bonds at Record Low Yield
Wall Street Journal - 13 Feb 2020 19:21
The Treasury Department is poised on Thursday to sell 30-year bonds at a record low yield, highlighting investors' demand for longer-term debt and its benefits to the government.
Business Activity Rebounds, Pushing Back Recession Risks
Forbes - 13 Feb 2020 18:52
With U.S. business activity improving, recession worries fade. But is this more support for economic expansion or a sign that the end is near?
Kraft Heinz delays the announcement of long-term turnaround plan, shares tumble
CNBC - 13 Feb 2020 18:46
Kraft Heinz disclosed impairment charges of $666 million, including writing down the value of its Maxwell House trademark by $213 million.
XRP Reaches Latest 2020 High As Bullish Trend Continues
Forbes - 13 Feb 2020 18:44
XRP reached a six-month high this morning. How much will the digital token rise?
Tesla Strikes While the Iron Is Hot
Wall Street Journal - 13 Feb 2020 18:39
Just 15 days after telling investors a capital raise "doesn't make sense," Tesla CEO Elon Musk seems to have reconsidered.
When It Makes Sense to Review Your Will
Wall Street Journal - 13 Feb 2020 17:45
Ask Encore: Columnist Glenn Ruffenach answers questions about estate planning, Social Security benefits and employer-sponsored retirement plans.
Coronavirus Redux: Fear Meters Tick Higher On New Cases As Earnings Season Rolls On
Forbes - 13 Feb 2020 16:38
We've said the virus would be an overhang, and last night's new numbers from China and the market's negative response offered more proof. Investors thinking about trading this market might want to be cautious, especially...
Why This Year's IPOs May Want To Go The Confidential Route
Forbes - 13 Feb 2020 16:30
If your company is considering an IPO filing, doing so confidentially could be in the best interest of shareholder value.
Slow and Steady Nestlé Can Still Win the Race
Wall Street Journal - 13 Feb 2020 16:24
The world's largest food company will be a year late delivering a crucial growth target. While its turnaround is taking longer than hoped, Nestlé remains one of the most reliable operators in a changing consumer-goods i...
Bird In Hand 2020: Customer Expansion And Reduced Churn Drive Revenue
Forbes - 13 Feb 2020 16:03
All signs point to transformation around customer penetration and reduced customer churn in 2020.
China's Covid-19 Just Popped A Gasket This Morning
Forbes - 13 Feb 2020 15:32
How worried do we need to be about this jump in new cases out of Hubei, China?
Behind the Rise of Owl Rock: Low Fees
Wall Street Journal - 13 Feb 2020 15:00
Charging much lower fees than the competition helped direct-lending firm Owl Rock grow. That strategy will be tested as the firm prepares to raise fees.
Alibaba beats revenue estimates on record Singles' Day sales
CNBC - 13 Feb 2020 14:33
China's Alibaba reported a better-than-expected quarterly revenue on Thursday, boosted by record sales during its annual Singles' Day shopping blitz and growth in its cloud computing business.
'I Want To Thank All My Instagram Followers,' Swiss Bank CEO Leaves Amid Spy Scandal
Forbes - 13 Feb 2020 14:28
Credit Suisse has recorded its highest annual profits in almost a decade. Why, then, is its CEO leaving?
BlackRock Cashes Out Crisis Bet to Expand Charitable Arm
Wall Street Journal - 13 Feb 2020 14:02
The giant asset manager has turned a stake in a mortgage company created in 2008 into funding for nonprofits.