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Market News

Location American Market News for 12 April 2023

Maker of Purell Hand Sanitizer Seeks Buyer

Wall Street Journal - 12 Apr 2023 22:57
Gojo Industries hires JPMorgan to explore options.
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People Are Sick and Tired of All Their Subscriptions

Wall Street Journal - 12 Apr 2023 11:30
Consumers are rethinking their relationship to subscriptions--and so are companies.
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AI Can Write a Song, but It Can't Beat the Market

Wall Street Journal - 12 Apr 2023 11:30
Quants have tried for decades with limited success at the biggest challenge.
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Rent the Runway is edging closer to profitability after cutting costs and changing its subscription model to improve its value proposition.
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EY Breakup Plan Doomed by Miscalculations, Powerful Opponents

Wall Street Journal - 12 Apr 2023 22:23
The deal's failure has set off anger aimed at Ernst & Young's U.S. firm, which blocked the split.
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What are the basic rights of a tenant?

livemint.com - 12 Apr 2023 21:42
What are the basic rights of a tenant? It is pertinent to note that no landlord can deprive the tenant of essential services such as electricity, water, lighting in the passage, etc.
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Will the new cap on expense limits of insurers benefit policy buyers? Irdai wants insurers to ensure fair and transparent competition among agents, besides cost-effective distribution.The new rules stipulate an expenses of management (EOM) structure that insurers have to put in place
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Fed Expects 'Mild Recession' This Year After Banking Crisis Rattles Markets The Fed hiked interest rates to their highest levels since 2007 at its latest meeting.
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Daily Dividend Report: Procter & Gamble, Caterpillar, Realty Income, Conagra Brands, Qualcomm Daily Dividend Report: Procter & Gamble, Caterpillar, Realty Income, Conagra Brands, Qualcomm
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Price jumps in fossil fuels could spur a backlash to the transition to green energy, she said.
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Bear Signal Says Steer Clear Of This REIT

Forbes - 12 Apr 2023 18:37
Bear Signal Says Steer Clear Of This REIT Shares of real estate investment trust (REIT) American Tower (AMT) were last seen pacing for their sixth-straight daily win. However, traders shouldn't get excited just yet, as AMT is now trading near a trendline with hi...
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FDIC Official Says Agency Was Slow to Sell Failed SVB

Wall Street Journal - 12 Apr 2023 17:46
Vice Chair Travis Hill said changes made by the regulator might have hurt access to timely data.
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Traders extend bets that the Federal Reserve is nearly done raising interest rates.
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How To Boost Portfolio Income By Double Digits Every Year Rather than running for the hills, let's focus on recession-resistant dividend stocks.
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U.S. Regulators Playing Catch-Up With Tesla-Focused Detroit

Wall Street Journal - 12 Apr 2023 15:40
American car manufacturers already had plenty of reasons to invest in EVs before Washington's new tailpipe-emissions proposal.
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Analyzing Snap-On's Dividend Growth Potential Snap-On (SNA) is the featured stock from March's Dividend Growth Stocks Model Portfolio.
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Is A Weaker Than Expected CPI A Sign Inflation Has Been Tamed? It's been a very quiet six days for stocks but that could all begin changing today as economic data comes into to focus and then earnings season will kick off Friday.
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Will Johnson & Johnson Stock Rise Post Q1?

Forbes - 12 Apr 2023 15:00
Will Johnson & Johnson Stock Rise Post Q1? We expect J&J to report revenues and earnings slightly above the consensus estimate, and JNJ stock appears to have more room for growth.
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Stock Futures Rise After CPI Report

Wall Street Journal - 12 Apr 2023 14:46
The inflation data, which showed easing price rises, will be followed by minutes from the Federal Reserve's recent meeting.
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Prices Rose Another 5% In March--Lowest Inflation Reading In Nearly Two Years Annual inflation fell for a ninth-straight month in March.
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UnitedHealth's Q1 To Benefit From Increased Membership The company will likely continue to benefit from the increased contribution of the Optum Health business, while its health insurance business will likely benefit from increased memberships.
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Warren Buffett's Japan Bet Is Paying Off Big

Wall Street Journal - 12 Apr 2023 13:23
The legendary stock picker's bargain hunting in Japan has yielded impressive results during a wild period for markets.
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