Stock Market Today


 

Markets log fourth straight weekly gain [0.02]

Posted on July 28, 2017, 6:49 p.m. by Markets @ [source]

Weakness in following Dr Reddy’s disappointing results, saw the benchmark and end with losses on Friday, after hitting all-time highs a day earlier. Shares of Dr Reddy’s fell six per cent, Lupin declined 4.3 per cent.

benchmark cent crore disappointing Dr ended HDFC Reddy Rs weakness

 

Improved strategic positioning and non-demanding earnings multiples outweigh concerns about cash flow conversion and a moderate amount of debt being taken on as of recent. Amidst a non-demanding earnings multiple and improved strategic positioning, Intel looks quite appealing, even if cash flow conversion remains challenged and the company has taken on a very manageable debt load as of recent.

Altera business earnings GAAP growth Intel Mobileye non quarter sales

 

These Terms of Use and the Briefing.com Reader Agreement may be changed by Briefing.com at any time without notice.

To acquire more extensive licensing rights to Briefing.com content please review this page.

acquire Agreement Briefing changed com extensive licensing Reader rights Terms

 

Markets Dragged Lower By Amazon [-0.10]

Posted on July 28, 2017, 6:22 p.m. by INO.com Traders Blog @ [source]

Hello traders everywhere. Amazon.com Inc (NASDAQ:AMZN) shares fell a little over 2% after it reported a 77% drop in profit as its rapid and costly expansion into new shopping categories and countries shows no sign of slowing.

Amazon AMZN com drop economic fell NASDAQ reported shares traders

 

As Amazon's (AMZN) stock price has gone through the roof this year, it seems inevitable that people will question the value of the company, words like "bubble" appear all too regularly when it comes to Amazon.

Long-term investors are aware how undervalued Amazon is today.

Amazon AWS earnings growth investors Kindle market Prime Revenue years

 

Investors are obviously disappointed by the dismal share performance of Paratek (PRTK), despite the positive ABSSSI oral-only trial. If doctors were the best biotech investors, we wouldn't have any hospitals anymore, but only biotech billionaires sipping drinks on their yachts.

antibiotic commercial discharge Hospital market option oral Paratek patient therapy

 

Freddie Mac reported that the Single-Family serious delinquency rate in June was at 0.85%, down from 0.87% in May. Freddie's rate is down from 1.08% in June 2016.

decline delinquency family February Freddie June peaked rate reported single

 

These Terms of Use and the Briefing.com Reader Agreement may be changed by Briefing.com at any time without notice.

To acquire more extensive licensing rights to Briefing.com content please review this page.

acquire Agreement Briefing changed com extensive licensing Reader rights Terms

 

My hope for longevity is to live to see the year 2100. Although I would need to beat serious odds to survive until age 106, it is increasingly likely that the average American born today will live to see the 22nd century.

bottlers bottling brand Century Coca Cola Coke drink market soda year

 

An EU report out this month shows nonperforming loans were a staggering €1.092 trillion as of the end of 2016.

The average non-performing rate in the EU is 5.1%, down from 5.7% in 2015.

EU Greece Ireland Italy loans non NPL performing Portugal ratio

 

Washington will also be a focus after a week of failure and dysfunction. A new worry has also been creeping into the markets as traders begin to focus on the fact that the budget debate and debt ceiling are next up when Congress returns in September.

Boockvar data dollar Emanuel focus market NASDAQ report sell off stock

 

These Terms of Use and the Briefing.com Reader Agreement may be changed by Briefing.com at any time without notice.

To acquire more extensive licensing rights to Briefing.com content please review this page.

acquire Agreement Briefing changed com extensive licensing Reader rights Terms

 

In the week ended July 28, 2017, the number of rigs drilling for oil in the United States totaled 766, up by two compared with the prior week and up by 392 compared with a total of 374 a year ago. Including 192 other rigs drilling for natural gas, there are a total of 958 working rigs in the country, up by eight week over week and up by 495 year over year.

Basin count July natural gas oil released rig states Texas West

 

Lone Star Funds, a big private equity firm that specializes in buying up distressed assets — soured mortgages in particular — is undergoing a shake-up in the management of its North American operations. He is being replaced by Nick Beevers, who had been a Lone Star executive vice president and came to the firm in 2011 to run its investor relations operation.

assets buying Collin firm fund Lone Star management Mr North President

 

These Terms of Use and the Briefing.com Reader Agreement may be changed by Briefing.com at any time without notice.

To acquire more extensive licensing rights to Briefing.com content please review this page.

acquire Agreement Briefing changed com extensive licensing Reader rights Terms

 

Some hedge funds are taking big bets on Venezuelan debt ahead of a controversial national vote on Sunday that has sparked severe unrest in that country. Hedge-fund traders are betting that if the rumors are true, they will get a windfall on their holding of this PDVSA bond.

bond cents Maduro oil PDVSA sanctions Sunday Venezuela Venezuelan vote

 

The announcement that the investors of Starbucks (SBUX) should be more concerned about today should be that of the largest acquisition in the history of the company, rather than its third-quarter results. Investors would do well to not miss the forest for the trees.

China Coffee GDP growth McDonald profit SHANGHAI Starbucks Taiwan year

 

FDA Clamps Down on Cigarettes With New Regulations [-0.05]

Posted on July 28, 2017, 4:55 p.m. by 24/7 Wall St. @ [source]

The major cigarette stocks were down on Friday after the U.S. Food and Drug Administration (FDA) said that it will explore plans to include less nicotine in cigarettes. This is a major regulatory shift, with the endgame of moving smokers toward e-cigarettes and away from traditional cigarettes.

American cigarette FDA Inc levels lowering nicotine NYSE public week