Market News
Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
Wall Street Journal - 19 Jul 2023 14:24
The bank also took impairments related to real-estate investments, much of it tied to office properties.
What To Expect From Comcast's Q2 Results
Forbes - 19 Jul 2023 13:00
Comcast is poised to report its Q2 2023 results on July 27.
FTSE 100 Round-Up: Rio Tinto, Hargreaves Lansdown
Forbes - 19 Jul 2023 12:34
Rio Tinto raises its iron ore guidance for the full year, while Hargreaves Lansdown reports an increase in net new business.
Exxon Mobil Reports Before The Open On 7/28 -- Options Contracts Expire The Same Day
Forbes - 19 Jul 2023 18:30
the Exxon Mobil next earnings date is projected to be 7/28 before market open, with earnings estimates of $2.11/share on $81.10 Billion of revenue
Stock Market Extreme Indicators: How To Tell If The Rally Is Tiring
Forbes - 19 Jul 2023 00:50
These metrics tend to be confirmed by the "upgrades" to tech stocks now being announced by the major investment banking firms.
Carvana Stock Up 40% After It Announced A Debt Reduction Deal-- Rally Comes After Plummet Last Year
Forbes - 19 Jul 2023 23:34
The online used car dealer seems to be bouncing back after its stock dropped nearly 100% last year.
Dow Adds to Streak of Gains as Bank Results Reassure Investors
Wall Street Journal - 19 Jul 2023 22:44
Stocks rose, bringing an eighth consecutive day of gains for the Dow, as bank results and easing inflation overseas helped sustain the recent rally.
Oddity Shares Jump 40% in Stock Market Debut
Wall Street Journal - 19 Jul 2023 20:23
Investors scooped up shares of the direct-to-consumer beauty and tech company.
These Energy Companies Don't Need Sky-High Oil and Gas Prices
Wall Street Journal - 19 Jul 2023 19:33
Oil field service companies shares are beating those of their customers
Is TCS applicable if NRIs transfer the proceeds of property sale?
livemint.com - 19 Jul 2023 19:14
NRIs are allowed to remit upto $1 million in a financial year from the balance held in their NRO (non-resident ordinary) account or from the sale proceeds of a property held in India.
What benchmarks mean for asset classes, investors and fund managers
livemint.com - 19 Jul 2023 19:13
Benchmarks in the investment world should be unambiguous, investable, measurable, relevant, reflective of investment opinion, transparent, stable, and owned by managers. The Association of Portfolio Managers in India rec...
Netflix is about to report earnings -- here's what to expect
CNBC - 19 Jul 2023 18:00
Netflix will report second-quarter earnings after the bell. Here's what to expect.
Ignore The Media: Interest Rates Are Topping
Forbes - 19 Jul 2023 17:14
One of the most difficult things for me in 2022 was that, with all the doom and gloom in the air, I heard about a lot of people giving up on the dream of financial independence.
This Stock Has A 4.26% Yield And Sells For Less Than Book
Forbes - 19 Jul 2023 16:25
For example, the recent ALLY share price of $28.14 represents a price-to-book ratio of 0.8 and an annual dividend yield of 4.26%
Goldman Sachs Isn't Transforming Fast Enough
Wall Street Journal - 19 Jul 2023 16:20
The bank's shrinking principal investment holdings still make earnings too volatile
Carvana Strikes Deal to Avert Cash Crunch
Wall Street Journal - 19 Jul 2023 16:08
The used-car seller will sell stock and pledge assets to back new debt.
Warburg Pincus Names Jeffrey Perlman President
Wall Street Journal - 19 Jul 2023 16:00
The 40-year-old will take over from Timothy Geithner, who will become chairman of the private-equity firm.
Morgan Stanley's Quarterly Earnings Sees Profit Tumble - But Stock Soars
Forbes - 19 Jul 2023 15:14
Morgan Stanley shares soared 6.45% higher by Tuesday's close - the biggest increase since 2020
Carvana shares jump more than 30% on deal to reduce debt by $1.2 billion
CNBC - 19 Jul 2023 15:04
Carvana said the agreement will eliminate more than 83% of Carvana's 2025 and 2027 unsecured note maturities and lower its required cash interest expense.
Pricing Actions To Aid Corning's Q2?
Forbes - 19 Jul 2023 15:00
Earnings will likely come in at about $0.48 per share, marginally beating the consensus estimate of $0.46.
Governments in China are Propping Up Hong Kong's Ailing IPO Market
Wall Street Journal - 19 Jul 2023 15:00
Municipalities and state-backed investors that want to drum up more economic activity are buying shares in companies going public.
Earnings And AI Continue Boosting Stocks
Forbes - 19 Jul 2023 14:46
Individual company news, better than expected earnings and signs inflation remains stable all helped to propel gains.