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Market News

Location American Market News for 6 March 2020

Brazil: Imagining A Worse Case Scenario

Forbes - 6 Mar 2020 00:38
Brazil: Imagining A Worse Case Scenario Rio's Carnival ended just 8 days ago. And now the city has its first case of the coronavirus. Time for Brazil to crack down on travel abroad.
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Corporate Debt Fully Joins the Market Turbulence

Wall Street Journal - 6 Mar 2020 17:05
The market rout in stocks reached corporate-debt markets as investors began to more fully assess the harm that prolonged economic disruption from the coronavirus could do to highly indebted companies.
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Business Embraces Industry 4.0, But Is It Ready For The Risks? New technologies are having a hugely positive impact on society. But at the same time, the Fourth Industrial Revolution is disrupting existing social and economic systems. Many are wondering if digital technology will su...
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A pair of activist investors have taken a stake of more than 10% in Big Lots and are seeking to shake up the board of the discount retailer, according to people familiar with the matter.
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Gravity Defied: Massive Comeback Gives Market Slight Weekly Gain Despite Oil Collapse The market's late rally to a slightly higher weekly close won't necessarily spill over into Monday, but it's a good sign that technical levels are holding. It's been a very orderly sell-off all along.
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Fear Over Coronavirus Sends Stocks Plummeting, Pushes Bond Yields To Historic Lows: Is It Safe To Buy Stocks? After peaking at 3.24% in November 2018, the 10-Year Treasury yield has fallen over 68%. This year alone, the yield is more than 47% lower than it was at the end of 2019. At this moment, the 10-year is at an all-time low...
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Dust Settles On 2019 IPOs

Forbes - 6 Mar 2020 22:24
Dust Settles On 2019 IPOs Out of the 159 IPOs last years here's three that while not the flashiest, may merit a second look by investors.
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Meet the Men Running JPMorgan While Dimon Recovers

Wall Street Journal - 6 Mar 2020 22:08
Daniel Pinto and Gordon Smith, co-presidents of JPMorgan Chase, are in charge at America's largest bank as CEO James Dimon recovers after heart surgery.
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Ex-Homeland Security Watchdog Indicted For Fraud, Theft Of Government Property Charles K. Edwards is accused of stealing databases containing the personal information of government employees.
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Caught By Surprise: Lack Of Coronavirus Testing Gives U.S. Highest Reported Mortality Rate The low number of cases coupled with the high number of deaths in Washington has U.S. death rates higher than average. But an $8 billion aid package seeks to crush COVID-19.
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Three Questions With The 19th's Emily Ramshaw

Wall Street Journal - 6 Mar 2020 20:57
Emily Ramshaw, the co-founder and chief executive of the new nonprofit media company The 19th, explains how she plans to elevate women's voices and make sure that women of color are represented.
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Is This Mega-Cheap ~7% Dividend Yield Too Good To Ignore? On the hunt for big yield? This retailer could be just what you're looking for. But buyer beware...
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Should You Buy This 6% Dividend Yield Before Next Week? Another washout for UK stock markets on Friday. But is this income hero too cheap to miss at current prices?
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The Market Has Lost Faith in Banks

Wall Street Journal - 6 Mar 2020 18:05
It wasn't too long ago that investors were lauding banks for their ability to withstand the effects of low rates. Not anymore.
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It Just Got Tougher to Know How Your Adviser Gets Paid

Wall Street Journal - 6 Mar 2020 17:40
Does your adviser earn commissions? Fees? A popular website will no longer say.
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Remember The China 'Hard Landing'? We Got One. China zero growth is coming.
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Dollar Slides as Rate Cuts Scramble Market Dynamics

Wall Street Journal - 6 Mar 2020 17:12
The U.S. dollar has been caught in the crossfire of the coronavirus selloff, as investors pile into other currencies and reassess the long-term outlook for U.S. interest rates.
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Berkshire Hathaway has backed out of financing a major gas project in Quebec, prompting worries that international investors are increasingly shunning Canada after protests over another energy project.
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Many U.S. companies think their insurance policies cover lost revenue from the coronavirus outbreak. But that may be up to the courts to decide.
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Upstaged: Selloff In Stocks, Falling Bond Yields Outweigh Robust Jobs Report Investors are so worried about the economic fallout from the coronavirus that not even a bumper jobs report this morning seems to be easing their angst.
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Special Charges Distorting Papa John's Profitability Are Today's Filing Season Find My forensic accounting needle in a haystack comes from special charges hidden in operating earnings of a pizza restaurant operator and franchisor.
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Analyzing The Allstate Corp's Dividend Growth Potential A stock for investors who are more focused on long-term capital appreciation than current income, but still appreciate the power of dividends, especially growing dividends.
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