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Market News

Location American Market News for 9 December 2021
FCF Yield Increased In Six S&P 500 Sectors Through 3Q21 Six S&P 500 sectors saw an increase in trailing FCF yield year-over-year (YoY) based on 3Q21 financial data.
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Italy's UniCredit Unveils New Strategy as Restructuring Ends

Wall Street Journal - 9 Dec 2021 12:37
The lender said it plans to expand by hiring staff and investing in digitization as part of a three-year strategic plan that includes share buybacks and bigger dividends.
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The States Reform Act represents a major step in the push for federal cannabis regulation.
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'Alarming' Restart Of Student Loans May Cost You $85 Billion Will Biden postpone the restart of student loan payments?
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Fintechs are rolling out BNPL cards; should you get them? Fintechs that offer BNPL cards such as Slice and Uni Cards usually have tie-ups with NBFCs
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Bitcoin's Biggest Corporate Investor Has Spent Nearly $500 Million Buying Bitcoin As Crypto Markets Lost $700 Billion In Value MicroStrategy, the firm led by billionaire Michael Saylor, now owns about $6 billion worth of bitcoin.
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Unpaid Bills Pile Up for Former Hedge-Fund Star

Wall Street Journal - 9 Dec 2021 14:00
Philip Falcone is in a decadelong battle with the many people he owes money. They include ex-employees, a law firm and limo companies.
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Bitcoin Prices Struggle Below Key $50,000 Price Level Bitcoin prices have been repeatedly trading below $50,000, having a hard time staying above this level. Does this difficulty point to bearish market conditions? Analysts weigh in.
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This Vaccine Maker Can 'Dominate' The Covid Market For Years To Come, Wells Fargo Predicts Although its shares have lagged other vaccine makers in 2021, Pfizer could soon be poised for significant revenue growth.
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Compare your bank FD rates

livemint.com - 9 Dec 2021 19:36
Compare your bank FD rates Here is a list of banks that offer the highest FD rates for deposits up to Rs1 crore over various tenures
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What happens to the insurance if one fails to pay the premium? If your current policy lapses, you could also buy a fresh term plan when you have the funds
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some common mistakes taxpayers should avoid while filing tax returns Taxpayers often assume that exempt income is not required to be mentioned
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How Is Inflation Changing Spending Habits?

Forbes - 9 Dec 2021 17:58
How Is Inflation Changing Spending Habits? Inflation erodes the purchasing power of your dollars over time. Here's how it affects you as a consumer and investor.
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SAP's Stock Growth To Be Fueled By Cloud Segment? SAP's stock at the current price of $135 has remained nearly flat compared to the start of 2021. During the first nine months of the year the company saw a moderate revenue growth of 5% y-o-y, but Cloud Subscriptions and...
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Is Coca-Cola Stock Fairly Valued At $55?

Forbes - 9 Dec 2021 17:00
Is Coca-Cola Stock Fairly Valued At $55? Coca-Cola stock (NYSE: KO), which is trading at $55 currently, looks like a good investment opportunity. The stock is now at the level at which it was at the beginning of 2020. KO stock traded at $60 in February 2020, ju...
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VIX Still Slightly Elevated Despite S&P 500 Trading Near All-Time Highs Investors can't seem to shake uncertainties despite major indices trading near all-time highs
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This New Retirement Research Is Wrong

Forbes - 9 Dec 2021 16:44
This New Retirement Research Is Wrong The volatile weeks we've seen recently have no doubt forced some terrified retirement investors into selling low.
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Rolex Seller Benefits From Well-Timed U.S. Start

Wall Street Journal - 9 Dec 2021 16:34
Distracted by China for years, luxury brands are waking up to the spending power of America's shoppers. Watches of Switzerland did well to catch-on early, but needs to keep its big-brand suppliers sweet.
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Credit Suisse Chairman Breaks Swiss Quarantine Rules

Wall Street Journal - 9 Dec 2021 16:30
Chairman António Horta-Osório said the breach, a plane ride out of the country despite a 10-day quarantine, was unintentional and has reported it to health authorities and the regulator.
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Which Stocks Are Better Than Harley-Davidson's Stock? We believe that there are other stocks that are currently better valued than Harley-Davidson's stock (NYSE: HOG). HOG's current price-to-operating income ratio (P/EBIT) of 15.2x is higher than levels of 13.1x for Oshkosh...
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China's Central Bank Is Under Pressure, But to What End?

Wall Street Journal - 9 Dec 2021 16:04
China's central bank is under increasing political pressure, but that probably doesn't spell an end to priorities like curbing the growth of bad debt.
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Taking the Games Out of GameStop

Wall Street Journal - 9 Dec 2021 16:00
The retailer's latest results reflect focus on hardware, but lack of details and increasing cash burn may test even meme stock fans' patience.
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