The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
Source: ThinkstockNovember 20, 2017: The S&P 500 closed up 0.1% at 2,582.23. The DJIA closed up 0.3% at 23,431.55. Separately, the Nasdaq was up 0.1% at 6,790.71.
Monday was a relatively positive day for the three major U.S. exchanges, but trading volumes were low as this is a truncated trading week. Crude oil was negative on the day. The S&P 500 sectors were more or less split down....More>>>
Tata Motors (TTM) reported disappointing numbers in Q1FY18 with revenues down 10% YoY to Rs 586.5 bn as poor JLR performance, lower volume growth, higher commodities prices and higher incentives in the US market weighed down on its performance. However, net profit for the quarter was higher by 46% YoY to Rs 37.4 bn as it included a one-time pension benefit of ~Rs 36.1 bn.
Sometimes the market gets fairly excited about a perceived significant event causing a lot of would-be investors to jump into an investment without properly weighing all the potential risks and outcomes. Cobas Asset Management invested in Teekay Corporation (TK) to the tune of about 4 million shares. This is probably a very welcome development. It tends to confirm the bull long-term goal of multibagger....More>>>
Credit Suisse analysts Seth Sigman and Kieran McGrath argue that both Home Depot (HD) and Lowe’s (LOW) will beat first -quarter earnings forecasts, but Home Depot is a “better way to play” earnings. They explain why:
Michael Nagle/Bloomberg News
Home Depot/Lowe’s are positioned to deliver upside to Q1 expectations. With that relatively well known, our....More>>>
So your phone has broken, or maybe it was stolen, and you want a replacement phablet – that’s a large phone with a screen bigger than 5.5″ – and you want it now. Bad news: your first choice won’t happen. Not your second either.
Maybe the cause is the self-igniting Samsung Note 7 – which had been....More>>>
President Trump believes that too many jobs are being shipped overseas to take advantage of cheaper labor. But what’s mainly killing jobs is automation, asserts Benjamin Shepherd, editor of Investing Daily’s Breakthrough Tech Profits.
We’re recommending two automation companies – the giant ($48 billion market cap) Switzerland-based ABB (ABB) and smaller Massachusetts-based....More>>>
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.
HDFC Bank (HDFCBK) posted strong and in-line with expectations results for Q4FY2018. The bank reported healthy operational performance, as seen in its net interest income (NII) growing by 18% y-o-y to Rs. 10,657 crore and non-interest incom
Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the U.K. could miss out on future production.
Airbus’s German operation is working with French warplane specialist