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Market News

Location American Market News for 25 February 2020

As Markets Shudder, Individual Investors Stand Their Ground

Wall Street Journal - 25 Feb 2020 12:30
Stocks have so reliably recovered from shocks over the bull market that many investors believe it is rarely worth pushing the sell button at the first sign of trouble.
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Wells Fargo Enters Oversold Territory

Forbes - 25 Feb 2020 18:36
Wells Fargo Enters Oversold Territory But making Wells Fargo & Co an even more interesting and timely stock to look at, is the fact that in trading on Tuesday, shares of WFC entered into oversold territory, changing hands as low as $45.75 per share.
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Why Did UBS's Investment Banking Profits Drop 50% In 2019? UBS's (NYSE: UBS) investment banking profits declined by almost 50% from $1.5 billion in 2018 to $784 million in 2019. While UBS's largest division, wealth management, continued to drive growth for the Swiss banking gian...
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Why The Global Economy Needs A Paris-Style Agreement For Nature The natural world is something that we take for granted, but it needs protecting with an agreement similar to the Paris Agreement on climate change, a wildlife charity argues.
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Can Morgan Stanley's Institutional Securities Revenue Cross $20 Billion In 2020? Morgan Stanley's (NYSE: MS) Institutional Securities segment will likely add $785 million over the next two years, primarily driven by growth in trading revenues, which is nearly half of the expected incremental revenues...
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Investors Grapple With Coronavirus Impact on Largest U.S. Firms

Wall Street Journal - 25 Feb 2020 16:56
The U.S. may have so far avoided the worst impacts of the virus. But for companies with major operations abroad, the calculus is changing quickly.
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I'm Mad As Hell At All Wealth Tax Economists I've worked hard for my money, day after day, and ain't giving in without a big fight against these tax advocates.
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Southbound: Market Selloff Resumes As Virus Fears Grow; Bond Yield At Record Low Investors appeared to try and step back in early Tuesday but virus fears soon ended that. The greens shoots got snowed under, with yields really weighing on the Financial sector.
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Virgin Galactic's Fourth-Quarter Earnings Missed Expectations At It Highlights Its Momentum Toward Launch Virgin Galactic posted lower than expected revenues but highlights its progress towards its first spaceflights for customers.
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Don't Be Scared of Record-Low Treasury Yields

Wall Street Journal - 25 Feb 2020 22:54
Ultralow yields say more about the changing attitudes of central bankers than the outlook for economic growth.
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Chevron Dividend Yield Pushes Past 5%

Forbes - 25 Feb 2020 22:28
Chevron Dividend Yield Pushes Past 5% In trading on Tuesday, shares of Chevron were yielding above the 5% mark based on its quarterly dividend (annualized to $5.16), with the stock changing hands as low as $100.00 on the day.
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JPMorgan Won't Shun the Fed's Discount Window Anymore

Wall Street Journal - 25 Feb 2020 22:23
CEO James Dimon said the bank is open to tapping the Federal Reserve's rainy-day fund.
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History Says FISV Stock Could Rebound

Forbes - 25 Feb 2020 20:53
History Says FISV Stock Could Rebound Fiserv (FISV) stock could rebound, according to a bullish technical signal flashing on the charts
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Take Me Out to the Conference Call

Wall Street Journal - 25 Feb 2020 20:28
Executives' baseball analogies are full of rookie errors.
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Why It's Too Soon To Write Off American Ingenuity Mergermarket's take on New York Times columnist Ross Douthat's new book: The Decadent Society, and what investors need to know.
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Why Indians need to invest in the world

livemint.com - 25 Feb 2020 19:36
In the last 9 months, the Indian equity market has been underperforming global assets. Therein lies an opportunity.Investors can diversify out of Indian equities into debt and global assets via RBI's Liberalised Remittan...
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Home Depot's Strong Foundation for Scary Times

Wall Street Journal - 25 Feb 2020 19:34
The home-improvement retailer had a strong quarter and should weather the effects of the coronavirus epidemic better than many bricks-and-mortar companies.
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Moral Hazard, Debt & Bubbles: There's More To Worry About Than The Coronavirus Three leading market forecasters, and contributors to MoneyShow.com, discuss long-term technical and fundamental reasons for market caution that are unrelated to recent global health worries.
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Intuit's New Way to Beat the Taxman

Wall Street Journal - 25 Feb 2020 19:29
The company best known for its TurboTax software has an array of competitors in the field, but the most formidable one lurks in the background.
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Oil Extends Fall on Coronavirus Fears

Wall Street Journal - 25 Feb 2020 19:05
Crude prices dropped again, weighed down by investors' concerns about how the spread of the coronavirus outside China will affect global oil demand.
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U.K. officials' probe of Barclays CEO Jes Staley's professional relationship with late financier Jeffrey Epstein shows "governance weakness" at the British bank, activist investor Edward Bramson said.
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Is Inventory Killing The Sale Of Your Business? As company's inventory is easily examined, if an owner is goofing up inventory, a buyer is inclined to ask what else is goofed up. Separately, temptations to massage inventory on the books to manage personal tax liabilit...
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