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With Wall Street on edge, investors look to Amazo... Financial News
After worries about higher interest rates sparked a steep sell-off in early October and again on Thursday, the S&P 500 remains down 5 per cent from its September 20 record high close, with top-shelf stocks including Amazon.com Inc, Alphabet Inc , Netflix Inc and Facebook Inc showing little of their vitality from recent years. Locally, the Australian sharemarket is due to open the week in negative territory, with futures pointing to a fall of 12 points, or 0.2 per cent, at the open.
Stocks feeling the election nerves Financial News
Even last month's disclosure of record GDP growth in fiscal 2017-18, higher government spending, the entry of a Chinese consortium into the Dhaka Stock Exchange and the easing up of liquidity crisis have all failed to jumpstart the market, which has been sluggish since the turn of the year. The DSEX, the key index of the DSE, tumbled over 50 points yesterday to close at 5,331.
PGT Innovations (PGTI) and Griffon (GFF) Financia... Financial News
PGT Innovations and Griffon are both small-cap construction companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, dividends, risk and earnings. PGT Innovations presently has a consensus target price of $22.88, suggesting a potential upside of 5.03%.
The $600 billion reason why China's stock market ... Financial News
Fears of a slowing economy, rising debts and the impact of US President Donald Trump's trade war have all played a role in pushing the Chinese market lower. Hundreds of Chinese companies use their shares as collateral for loans, and are forced to sell when their share price drops below certain levels.
Mideast Stocks-Saudi falls in early trading after... Financial News
Saudi Arabia's stock index was down 3.5 percent in early trading on Sunday after the kingdom said Saudi dissident Jamal Khashoggi died in a fight at its consulate in Istanbul. Al Rajhi Bank fell 2.4 percent, while Saudi Basic Industries Corp dropped 3.7 percent.
Revlon (REV) Bonds Trading 1.4% Lower Financial News
An issue of Revlon Inc bonds fell 1.4% against their face value during trading on Thursday. The high-yield issue of debt has a 5.75% coupon and will mature on February 15, 2021.
Reviewing Rogers Communications Financial News
Rogers Communications and Charter Communications are both large-cap consumer discretionary companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, earnings, profitability, dividends, risk, analyst recommendations and institutional ownership. Charter Communications has higher revenue and earnings than Rogers Communications.
BP's Rocky Mountain high threatened by $39 millio... Financial News
BP's new U.S. onshore oil headquarters in Denver serves as a testament to Colorado's regal mountains, its expansive forests, its nature-loving culture. Aspen trees line the BP club room, newly installed beer taps await local craft brews, multiple stone fireplaces invite cozy discussions about ski conditions, and a 52-foot pine tree, sliced in half, serves as a conference table.
Global Markets-Euro, pound rally on Brexit conces... Financial News
Stocks erased gains on Friday, with a global index struggling to avoid a fourth consecutive weekly loss, while the euro and sterling rallied against the dollar after a report said the UK is ready to drop a key Brexit demand. The Mexican peso touched a five-week low versus the greenback after ratings agency Fitch revised Pemex's credit rating outlook to negative citing uncertainty over the Mexican national oil company's future business strategy.
US stocks wobble at the end of another shaky week... Financial News
The handheld device of trader Robert Oswald is reflected in his glasses as he works on the floor of the New York Stock Exchange, Friday, Oct. 19, 2018. Strong earnings are sending U.S. stocks higher Friday at the end of a choppy week of trading.
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