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Market News

Location American Market News for 14 April 2023

Want to Beat the Stock Market? Avoid the Cost of 'Being Human'

Wall Street Journal - 14 Apr 2023 16:45
Professional fund managers labor under handicaps that individual investors don't face. Make sure you manage your portfolio differently than they do.
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Wells Fargo increased net income by more than 30% to nearly $5 billion in the first quarter, compared to a year ago.
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People Are Investing in Bonds Again---Once They Figure Them Out

Wall Street Journal - 14 Apr 2023 14:00
After years of low returns, they're paying real money again. But as investors are discovering, bonds aren't exactly set-it-and-forget-it assets.
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World's Largest Wheat Producer Now World's Largest Wheat Importer Too The USDA's latest estimates show China as the world's largest producer, importer, and holder of wheat inventories.
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Growth in personal banking and fixed income markets helped drive the revenue beat.
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State mandates and the hot job market prompted the big increase in new retirement plans.
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Sega Nears Deal For 'Angry Birds' Mobile Game Maker

Wall Street Journal - 14 Apr 2023 22:43
The Japan-based entertainment conglomerate is expected to pay about $1 billion for Rovio Entertainment.
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Macerich Passes Through 7% Yield Mark

Forbes - 14 Apr 2023 21:35
Macerich Passes Through 7% Yield Mark In trading on Friday, shares of Macerich were yielding above the 7% mark based on its quarterly dividend (annualized to $0.68), with the stock changing hands as low as $9.47 on the day.
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JPMorgan, Citi And Wells Fargo All Beat Wall Street's Expectations, But Looming Credit Crunch Could Burst Bubble JPMorgan, Citi and Wells Fargo all kicked off Q1 earnings reports season with better-than-expected results, which beat Wall Street's estimates.
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No All-Clear Signal for Banking

Wall Street Journal - 14 Apr 2023 17:17
A good quarter for the biggest banks doesn't change the bigger picture for banking.
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Is This The Start Of A New Golden Age Of Gold Mining Deals? We may be about to enter a new golden age of gold mining deals as explorers and producers seek to capitalize on higher metal prices and gain exposure to other key minerals, including copper, at a time when consolidation ...
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JPMorgan Profit Soars Despite Banking Turmoil

Wall Street Journal - 14 Apr 2023 15:49
The bank defied a crisis of confidence in the banking business, posting a 52% increase in first-quarter profit and record revenue.
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Stocks Waver After Big Bank Earnings

Wall Street Journal - 14 Apr 2023 15:42
Earnings season kicked up a gear with reports from several banks including JPMorgan, which posted record revenue.
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Banks Beat While Retail Sales Slow

Forbes - 14 Apr 2023 14:49
Banks Beat While Retail Sales Slow Investors have received some welcome news this week both with respect to inflation and now this morning, big banks.
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What is the ideal time to exit from a badly performing mutual fund? Investments in mutual funds can be beneficial for building wealth over the long term, but they are also subject to a variety of risks.
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India Rockets Into the Global Space Race

Wall Street Journal - 14 Apr 2023 14:23
India has taken steps to liberalize its private space industry as it seeks to replicate the success of the U.S. and China.
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A guide on home insurance for first time property buyers in India Home insurance is a form of insurance policy that offers financial security for your residence and personal items against losses brought on by property damage, such as coverage for liability, theft, or natural catastroph...
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Here's What To Look For From Lockheed Martin's Q1 Not only do we expect the company to post a downbeat Q1, our forecast indicates that LMT stock is fully valued at its current levels, as discussed below Our interactive dashboard analysis of Lockheed Martin Earnings Prev...
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Residential vs Commercial: Tips to optimize your property taxes in FY24 The Income Tax Act of 1961 governs property tax as well as other indirect taxes like GST and stamp duty.
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Union Pacific's Bulk Freight Will Likely Drive Its Q1 However, our forecast indicates that UNP stock has little room for growth, as discussed below Our interactive dashboard analysis of Union Pacific Earnings Preview has additional details.
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BlackRock Profit Falls 19%

Wall Street Journal - 14 Apr 2023 12:34
BlackRock said Friday that its first-quarter profit fell 19% from a year ago.
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Lenders in the city are looking to fill a vacuum left by the failures of crypto-friendly U.S. banks.
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