Stock Market Today


 

In my first article on additive manufacturing (AM) I discussed the necessity for investors to pay attention to this burgeoning industry that really has just now begun to hit its stride. While many of their peers, including Materialise, have struggled to maintain profitability Proto's first to market concept has kept the customers coming.

companies growth impressive industry market materialise printing product Proto Proto Labs

 

Global food prices hit 31-month high in July: FAO [0.09]

Posted on Aug. 3, 2017, 7:21 p.m. by Markets @ [source]

Global prices rose for a third consecutive month in July to hit the highest in 31 months, with hot and dry weather in and some other parts contributing to the situation, according to a report released by the and Agricultural Organisation (FAO) of the on Thursday.

The FAO data shows that average global prices increased by 2.3 per cent in July against June, primarily driven by a sharp increase in the prices of rice, wheat, sugar, milk and cheese.

averaged cent DRY FAO global index July June weather wheat

 

The Death Of Windstream [0.11]

Posted on Aug. 3, 2017, 7:15 p.m. by Long Investing Ideas from Seeking Alpha @ [source]

Windstream Holdings, Inc. (WIN), has caught our eye today as one the biggest losers in the market following its just reported second-quarter results. But with shares at a new all-time low, could there be value here, or is this the death of Windstream?

boost business dividend over performance quarter reported Revenue stock year

 

The company has seen good growth in its casino and sports book businesses and is best positioned to be the market leader when it comes to online gambling globally. Once there are plans proposed by the company to do so (and those plans are executed successfully), shareholders are rewarded with higher earnings and therefore a higher stock price.

Amaya flow gambling growth market online poker Revenue scale years

 

President Trump regularly points to the strong stock market as proof that his economic policies are working.

But the conflicting messages from the currency and stock markets are dramatic, especially considering that the dollar initially spiked after Trump's victory.

big currency dollar Dow market overseas stock strong Trump weaker

 

Gold demand shines, up 30% in January-June: WGC [0.10]

Posted on Aug. 3, 2017, 7:03 p.m. by Markets @ [source]

India’s jumped 30 per cent in the first half of 2017 on robust buying towards the end of the April-June quarter, according to the (WGC).

India’s during January-June jumped to 298.4 tonnes from 229.4 tonnes in the corresponding period of the previous year.

April buying cent demand India investment jumped June tonnes WGC

 

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WASHINGTON — As America’s stock markets have reached record highs, they have had few louder cheerleaders than President Trump.

Before the stock exchanges’ opening bell on Tuesday, Mr. Trump pointed out in a tweet that the Dow Jones industrial index’s recent surge started just after he was elected.

America Dow Jones market Mr President Record stock Trump WASHINGTON

 

Micron (MU) has taken a hit since earnings on June 29th, but for no readily apparent reason. All the fundamental factors of a business moving in the right direction are found at Micron.

Apple continue cycle guidance iPhone market Memory Micron pricing quarter

 

MUMBAI: Public sector bank shares dragged down the Nifty and the Sensex by more than half-a per cent on Thursday as prospects of more rate cuts receded after the Reserve Bank of India held on to its 'neutral' stance in Wednesday's bi-monthly monetary policy.The Nifty stayed above the 10,000 mark, which it had crossed last week, but lost 67 points — or 0.67 per cent —to end at 10013, marking its biggest fall in two weeks. We continue to avoid public banks though we do feel government and regulatory action to resolve banks' NPA woes are on the right track," said Vaibhav Sanghavi, co-CEO, Avendus Capital.

bank cent fell Nifty public rate RBI Rs shares stocks

 

NEW DELHI: FMCG major Colgate-Palmolive India on Thursday reported a 8% rise in net profit to Rs 136.4 crore for the first quarter ended June 30.The company had posted a net profit at Rs 125.7 crore during the same period previous fiscal, the oral care products maker said in a BSE filing. Net sales during the quarter under review, however, declined to Rs 1,109.9 crore as against Rs 1,141.5 crore in the April-June quarter last fiscal, down 2.8%.The company said the decline in sales was “largely due to destocking in the trade channel ahead of the implementation of GST.”Colgate-Palmolive India enjoys a leadership position in both the toothpaste and toothbrush categories, with volume market shares at 54% and 45%, respectively, in Q12017-18.“Despite the transition challenges leading to softness in sales, we are pleased to report an 8% increase in profits, margin expansion of 50 bps and EBITDA by 150 bps,” Colgate-Palmolive (India) managing director Issam Bachaalani said.Total expenses during the period stood at Rs 934 crore compared to Rs 969.5 crore in the year ago period.

Colgate fiscal India June net Palmolive profit quarter Rs crore sales

 

Opportunity exists because SXE is an MLP that pays no distribution and suffered severe negative sentiment from its holding company's (Southcross Holdings) recent bankruptcy.

I believe this significant upside exists because of SXE leverage (which is likely backstopped by sponsors) and the fact that SXE cannot pay a distribution until it pays down its debt to meaningfully less than 5x coverage - in other words, one has to wait to get the upside I laid out.

bankruptcy capacity debt export FCF gas holding processing SXE unit

 

Adient (NASDAQ:ADNT) reported its F3Q17 results on July 27; while adjusted EPS was a bit better than expected, the shares declined on lower-than-expected sales in the quarter.

Adient, which is the market share leader in automotive seating, was spun out of Johnson Controls (JCI) toward the end of 2016 and has been publicly traded for less than a year.

Adient auto bps equity income JCI July opportunity sales spun suppliers

 

In recent years, there have been several high-profile exits of Despite the exits, the performance of schemes of these hasn't seen any adverse impact. Rather, in some cases, the performance has improved, helping allay fears that an exit of a big fund manager is bad for the fund's performance.

CEO combination director executive exits fund manager mutual performance processes

 

Apple (AAPL) delivered both sales and earnings figures above Wall Street expectations last quarter.

Investors are generally quite pleased with Apple’s most recent earnings report, the stock is trading at historical highs, and analysts are paying close attention to the coming iPhone models and how they can generate new growth opportunities for Apple.

Apple buyback capital coming earnings expectations investors quarter stock valuation

 

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Firms wait and watch as investors turn cautious on InvITs [0.08]

Posted on Aug. 3, 2017, 6:34 p.m. by Markets @ [source]

Initial performance of the country’s first two infrastructure investment trusts (InvITs) has turned cautious on such investments. The main concern has been the investor response based on the post-listing performance of the first two InvITs,” said a person with direct knowledge of the development.

companies current expert industry Infra infrastructure investment InvIT performance Reliance

 

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The stock market is at a record high, and President Trump says it's a sign Americans have confidence in his leadership and economic policies.

But the bond market is singing a different tune.

bond economic economy higher investors market rate term Trump yield

 

Banking stocks trigger fall in markets [0.04]

Posted on Aug. 3, 2017, 6:15 p.m. by Markets @ [source]

The Indian on Thursday fell for a consecutive session, led by declines in banking and financial stocks, which have high weight in the benchmark indices. Indian benchmarks are the best-performing indexes among major Asian this year after the Hang Seng Index.

bank benchmark cent fell India Nifty rate Rs Sensex Thursday