Market News
Investors Retreat From Oil Firms in Sign of Rising Skepticism
Wall Street Journal - 24 Feb 2020 17:00
Major oil companies are working hard to articulate a vision for their future, but the energy sector's poor performance shows that many investors aren't buying it.
BDCs: Where 9% Yields Are The Norm
Forbes - 24 Feb 2020 16:20
If you want to live off dividends in retirement, you can't depend on "blue-chip stocks."
Japan: Consumption Tax Recession Reveals Potential For LDP Succession Risk
Forbes - 24 Feb 2020 23:32
After falling since late 2018, Japanese Political Risk is currently forecast to increase, as Government Risk is being driven higher by a combination of rising Institutional Support and Mass Support Risk, two of its three...
Why Ally Bank Is Paying $2.6 Billion To Buy A Bank You've Never Heard Of
Forbes - 24 Feb 2020 22:32
Merrick Bank's main growth strategy? Sending pre-screened offers by mail to prospects with low credit scores. You can't apply for their "Platinum Visa" product without getting an offer in the mail first. Although most ba...
Investors Are Piling Into Safe Havens On Coronavirus Fears
Forbes - 24 Feb 2020 22:32
Gold mining stocks have broken out, with several hitting new 52-week highs this week. Gold royalty and streaming companies, including Franco-Nevada and Wheaton Precious Metals, also hit fresh 52-week highs.
Modi's India: 'NamasteTrump' Rally Bigger Than Any Of Trump's U.S. Rallies
Forbes - 24 Feb 2020 22:19
Narendra Modi tries to strengthen ties with the U.S. in hopes of better trade terms. Here's what the U.S. should look for in India.
Prudential Financial Shares Cross 5% Yield Mark
Forbes - 24 Feb 2020 22:19
In trading on Monday, shares of Prudential Financial were yielding above the 5% mark based on its quarterly dividend (annualized to $4.4), with the stock changing hands as low as $87.05 on the day. D
Big Tech and Momentum Stocks Fall Victim to Coronavirus Fears
Wall Street Journal - 24 Feb 2020 22:15
Stock-market darlings such as Apple, Microsoft, Tesla and others fell sharply Monday, indicating a possible shift in investors' mind-set amid news of fresh virus outbreaks outside of China.
Exxon Mobil Shares Cross 6% Yield Mark
Forbes - 24 Feb 2020 22:13
n trading on Monday, shares of Exxon Mobil were yielding above the 6% mark based on its quarterly dividend (annualized to $3.48), with the stock changing hands as low as $56.52 on the day.
Sirius XM's Stock Grew Almost 2x in Last 4 Years, Despite Seeing Decline in Net Income Margins
Forbes - 24 Feb 2020 21:40
While part of the increase was due to the markets assigning the company a higher P/E multiple, a bulk of the improvement in the company's stock price has come from revenue growth (Sirius XM's revenues increased by about ...
What's The Upside For Intuitive Surgical's Stock?
Forbes - 24 Feb 2020 21:10
There is an upside of over 6% for Intuitive Surgical's stock, in our view. We estimate Intuitive Surgical's fair price estimate to be around $652, based on expected EPS of $14.59 on an adjusted basis for full year 2020 a...
Salesforce, Silver Lake Pump Money Into ServiceMax
Wall Street Journal - 24 Feb 2020 21:00
The new $80 million investment is aimed at helping the software company beef up product development.
AMD's Stock Is Up More Than 4x Since February 2017- Here's Why!
Forbes - 24 Feb 2020 20:50
Advanced Micro Devices' stock price grew over 350% from ~$13 in February 2017 to ~$59 in February 2020, primarily due to a significant jump in the P/S multiple. Steady revenue growth also helped, although stock price gai...
Coronavirus Has Stock Markets Tanking, But The Truly Unpriced Risk Is Still Inflation
Forbes - 24 Feb 2020 20:23
There are so many calls for the coronavirus to be an economically negative black swan event that investors must also be wary of a shockingly good outcome that would result in a different set of tail-risk, unexpected even...
Gold Prices Are Headed To Record Highs No Matter Where You Live
Forbes - 24 Feb 2020 20:16
Get ready for gold prices to have a record-breaking rally.
Here Are Key Market Levels As The Coronavirus Correction Intensifies
Forbes - 24 Feb 2020 19:21
The first wave of the coronavirus correction was at the end of January. A new leg has begun.
The Energy Select Sector SPDR Fund Enters Oversold Territory
Forbes - 24 Feb 2020 18:13
In trading on Monday, shares of the The Energy Select Sector SPDR-- Fund ETF (XLE) entered into oversold territory, changing hands as low as $51.8101 per share.
Stocks Plummet On Coronavirus Fears: What's Next?
Forbes - 24 Feb 2020 17:35
Cases of the virus have surged, causing investors to seek safe havens for their capital.
New Week Off To Rough Start As Apple, Semiconductors, Travel And Leisure Hit By Virus
Forbes - 24 Feb 2020 16:31
The defense is on the field this morning as virus fears have bonds, volatility and gold all much higher. Stocks are sharply down. However, seeing a 5% drop at some point in Q1 is something many analysts had talked about,...
Implied Morningstar Wide Moat ETF Analyst Target Price: $61
Forbes - 24 Feb 2020 15:57
For the Morningstar Wide Moat ETF (MOAT), we found that the implied analyst target price for the ETF based upon its underlying holdings is $61.41 per unit.
European Bond Yields Slide Amid Pandemic Fears
Wall Street Journal - 24 Feb 2020 15:52
European bond yields fell as investors bought haven assets as the coronavirus continued to spread, with infections rising in South Korea and parts of Italy.
European Airline Stocks Tumble as Coronavirus Spreads in Italy
Wall Street Journal - 24 Feb 2020 15:50
Shares of European airlines plunged led by EasyJet and Ryanair, on speculation that authorities may crack down on flights and travel in the region after the biggest outbreak of coronavirus outside Asia emerged in Italy.