Description: So much for Amazon and Walmart killing the grocery business. Source: CNNMoney.com – video report Date: Nov 30, 2017 Link: http://money.cnn.com/2017/11/30/investing/kroger-sales-supermarket-amazon-whole-foods-walmart/index.html Questions for discussion: Explain the financial results at Kroger. What criteria should analysts be looking at in order to evaluate food retailers?
Posts Categorized: Personal Finance
Stocks don’t need tax cuts to keep going strong
Description: The stock market is at a record high. The U.S. economy has grown at a healthy clip for the past six months. So is there really a pressing need for major tax reform, as President Trump and Republicans in Congress suggest? Source: CNNMoney.com – video report Date: Nov 28, 2017 Link: http://money.cnn.com/2017/11/28/investing/stocks-tax-reform-trump/index.html Questions for… Read more »
‘Angry Birds’ Hatches Angry Investors
Description: When Rovio Entertainment Oyj went public in September, investors eager to grab a piece of the producer of Angry Birds flocked to the stock, making it Finland’s hottest share offering in a decade. These days, Rovio looks about as airworthy as a clay pigeon. Source: Bloomberg.com Date: Nov 30, 2017 Link: https://www.bloomberg.com/news/articles/2017-11-30/-angry-birds-hatches-angry-investors Questions for discussion: Explain what happened to… Read more »
Opinion: Where to stash your money when this bull market makes you sweat
Description: It’s almost getting boring: the three major U.S. stock market indexes keep hitting record highs. Source: MarketWatch.com Date: Nov 30, 2017 Link: https://www.marketwatch.com/story/where-to-stash-your-money-when-this-bull-market-makes-you-sweat-2017-11-30 Questions for discussion: What do you think of the analysis and recommendations presented in this report? Where do you see stocks heading over the next quarter?
It Started as a Tax Cut. Now It Could Change American Life.
Description: The tax plan has been marketed by President Trump and Republican leaders as a straightforward if enormous rebate for the masses, a $1.5 trillion package of cuts to spur hiring and economic growth. Source: NYTimes.com Date: Nov 30, 2017 Link: https://www.nytimes.com/2017/11/29/business/republican-tax-cut.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business®ion=rank&module=package&version=highlights&contentPlacement=6&pgtype=sectionfront Questions for discussion: What does the article have to say about the proposed… Read more »
Buffett loves Coke. But will he back a Pepsi buyout?
Description: Warren Buffett often jokes that he gets a quarter of his daily caloric intake from Coca-Cola. But an investment firm is suggesting that Kraft Heinz, which Buffett’s Berkshire Hathaway owns a nearly 27 percent stake in, may want to buy Coke rival Pepsi. Source: CNNMoney.com – video report Date: Nov 22, 2017 Link: http://money.cnn.com/2017/11/22/investing/kraft-heinz-pepsi-warren-buffett/index.html… Read more »
Deere beats estimates on improving demand; forecasts strong earnings in 2018
Description: U.S. tractor maker Deere & Co (DE.N 4.12%) forecast strong earnings on Wednesday for the coming fiscal year as it reported fourth-quarter results that exceeded analyst expectations amid improving demand for farm machinery. Shares of the Moline, Illinois company known for its trademark green tractors rose five per cent in premarket trading and were on track… Read more »
Zimbabwe Doesn’t Have Its Own Currency and Bitcoin Is Surging
Description: Bitcoin climbed as much as 10 percent on Zimbabwe’s Golix exchange on Wednesday after the country’s armed forces seized power. The price of the cryptocurrency in the Southern African nation jumped as high as $13,499, almost double the rate at which it trades in international markets, according to prices cited on Golix’s website. It traded… Read more »
Stock market could tumble 15% if 10-year Treasury yield crosses this line
Description: How much of a rise in yields would it take to upend the bull market in stocks? Maybe not as much as investors think. Strategists at Société Générale say if longer-term yields begin to recover, asset valuations could look particularly steep once the risk-free rate, usually the 10-year Treasury yield TMUBMUSD10Y, -1.58% rose. Source: MarketWatch.com Date: Nov… Read more »
Will Justice Department’s Lawsuit Derail Deal-Making Boom?
Description: The Trump administration’s lawsuit to block AT&T’s takeover of Time Warner not only threatens an enormous corporate deal. It also has ignited a guessing game on Wall Street about whether the booming market for mergers and acquisitions is about to be derailed. Source: NYTimes.com Date: Nov 21, 2017 Link: https://www.nytimes.com/2017/11/21/business/dealbook/justice-department-deal-making.html?rref=collection%2Fsectioncollection%2Fbusiness-dealbook&action=click&contentCollection=dealbook®ion=stream&module=stream_unit&version=latest&contentPlacement=3&pgtype=sectionfront Questions for discussion: Do you think the… Read more »
