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Market News

Location American Market News for 17 March 2021

Can FedEx Stock Rise Post Fiscal Q3?

Forbes - 17 Mar 2021 14:00
Can FedEx Stock Rise Post Fiscal Q3? FedEx is scheduled to report its fiscal Q3 2021 results on Thursday, March 18. We expect FedEx to likely post revenue in-line, and earnings below the street expectations. The overall rebound in the economies across the g...
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At $66, Charles Schwab Stock Is A Bit Expensive After more than a 130% rally since the March 23 lows of last year, at the current price of $66 per share, we believe Charles Schwab Stock is trading above its near-term potential. Charles Schwab, the largest brokerage fi...
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Earnings Preview: FedEx Reports After Thursday's Close. Here's What To Expect. FedEx Inc. is scheduled to report earnings after Thursday's close, here's a closer look.
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The central bank under Chairman Jerome Powell might strain to convince investors it won't react to excellent news.
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The 10-year yield, which rises when bond prices fall, finished Wednesday's session at 1.641%, according to Tradeweb, up from 1.622% at Tuesday's close.
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Despite Improving Economic Outlook, Fed Still Sees No Rate Moves Until 2023 The Fed's latest outlook looks quite rosy, predicting strong GDP growth, falling unemployment, and inflation getting back to its 2% goal. At the same time, it doesn't see any need to raise rates until 2023, but some offi...
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AbbVie Shares Cross 5% Yield Mark

Forbes - 17 Mar 2021 21:40
AbbVie Shares Cross 5% Yield Mark In trading on Wednesday, shares of AbbVie were yielding above the 5% mark based on its quarterly dividend (annualized to $5.2), with the stock changing hands as low as $102.80 on the day.
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The Gig Is Up for Uber in the U.K.

Wall Street Journal - 17 Mar 2021 21:17
Uber's shares hit record highs last month, as investors saw nothing but open road ahead with the pandemic easing and the world opening back up. Now a court ruling could make for an unforeseen roadblock.
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Federal Reserve Looking Ahead To Higher Inflation As Economy Rebounds, But It Won't Raise Rates Yet The central bank expects GDP growth of 6.5% this year.
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Should you include sustainable funds?

livemint.com - 17 Mar 2021 19:24
Should you include sustainable funds? ESG theme-based indices have outperformed traditional peers.ESG funds don't need to be a part of any portfolio as long as investors pick quality funds from fund houses with a strong track record
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HSBC in Talks to Sell French Retail Bank to Cerberus

Wall Street Journal - 17 Mar 2021 18:53
The London-based bank is withdrawing from retail banking in France as it scales back in Europe and North America and boosts its presence in Asia, where it makes most of its profit.
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Top Stocks To Short Today As The Fed Keeps Investors On Their Toes Although the Dow Jones gained 40 points, the S&P 500 fell 0.4%, and the Nasdaq dropped 1.1%. Q.ai's deep learning algorithms are here to help you make the most of this market with today's best short plays.
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Top Stocks To Buy Today As Bond Yields Pop And Nasdaq Plummets In anticipation of the Fed's big announcement on interest rates and inflation, Q.ai's Artificial Intelligence has brought you today's top buys.
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Proxy Season Planning Guide

Forbes - 17 Mar 2021 16:49
Proxy Season Planning Guide As you plan for your 2021 Proxy Season, I share my checklist of trends and key topics your shareholders (and all stakeholders) will be interested in.
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Never Mind Peak Oil, Global Forecaster Calls Peak Gasoline

Wall Street Journal - 17 Mar 2021 16:42
The world's thirst for gasoline isn't likely to return to pre-pandemic levels, the International Energy Agency forecast, calling a peak for the fuel that has powered personal transportation for more than a century.
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Beyond Meat, Ingredion: Should You Buy Plant-Based Meat Stocks To Play The Future Of Food? Our theme of Plant-Based Meat Stocks includes companies that produce plant-based meat and related vegan ingredients. The theme has returned about 15% since the end of 2019, compared to a return of about 23% for the S&P 5...
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Allison Herren Lee wants the agency to require clearer disclosures on how asset managers cast shareholder votes, as rules have failed to help everyday investors understand how managers exercise those crucial votes for th...
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Report: Bernie Sanders Will Seek New Taxes On CEO Pay President Biden is also preparing to unveil new tax to fund his administration's stimulus agenda.
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What's Behind The 50% Jump In AMC Entertainment Stock In Just A Week? AMC Entertainment Holdings stock rallied an eye-popping 51% in just the last five trading days and has completely outperformed the S&P 500 which was up only 4%. The recent rally was led by the company's FY2020 earnings a...
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Bitcoin Looks Risky At $55k, But These Crypto Stocks Could Be A Better Bet Cryptocurrency prices have surged this year, with Bitcoin now up by around 90% since early January, trading at levels of around $55k currently. However, Bitcoin looks quite risky at current levels due to a couple of fact...
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Kevin O'Leary: Every Investor Should Diversify Into Startups Investors are moving out of stocks and bonds into alternatives. And billionaire investor Kevin O'Leary thinks this asset class will be the fastest-growing alternative for individual investors.
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Stocks Flat But Yields Are Spiking Again Ahead Of Fed Chair Powell's Speech Meanwhile, a couple of energy stocks are heading up market losses.
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