S&P Global

Real Estate Gains Prominence In The S&P 500 Low Volatility Index

<i>By Fei Mei Chan</i><p>Year to date, the S&P 500 Low Volatility Index has underperformed its parent S&P 500, up 5.52% compared to a 7.55% (through Aug. 16, …

Real Estate

It’s Official: Walmart Completes Flipkart Acquisition Deal

After Softbank’s Masayoshi Son announced Flipkart-Walmart deal by mistake on May 8, the speculations were ripe about the final destination of this …

Business (India)

Turkey Cut Deeper Into Junk by S&P on Risk of Lira Volatility

Turkey’s credit rating was cut further into junk on Friday by S&P Global Ratings, which said the extreme volatility of the lira and projected sharp …

Turkish Lira

Second-hand car dealer bets on machine learning to expand | Financial Times

Superior knowledge is the holy grail of the used-car market — an industry still beholden to salesmen and auction houses, where buyers fear “lemons” — …

Machine Learning

After the Bell: Dow Gains 110 Points Because Summer Means Not Having to Worry

By<p>Aug. 17, 2018 6:06 p.m. ET<p><b>Endless Summer</b>. Stocks started the day weak, but it's hard to feel down on a summer Friday. And by midday, the gains were …

Investing

Copper Price Falls As BHP Says Deal Is Reached To Avoid Escondida Strike

Original Post<p><i>By Stuart Burns</i><p>The breaking news this week is that Chile's Escondida mine operator <b>BHP</b> (NYSE:BHP) has announced it looks like a strike …

Business

TV Cord-Cutting Is Mixed Bag

While traditional cord-cutting continues to rise, the growth of OTT platforms -- in part owned by those who also own traditional pay TV services -- …

Cord-Cutting

3 Top Large-Cap Stocks to Buy Right Now

These three large-cap stocks could help power your portfolio in the years to come.<p>As the name implies, investing in large-cap stocks means owning a …

Investing

EMERGING MARKETS-Emerging stocks set for worst week since Feb, Turkey tumbles

LONDON, Aug 17 (Reuters) - Emerging equities were set for their worst week since February after sliding into bear territory while currencies came under fresh pressure on Friday, with Turkey’s lira taking another tumble despite central bank measures earlier in the week.<p>MSCI’s benchmark emerging …

Stock Markets

Boeing and Lockheed Martin Win Upgrades: What You Need to Know

UBS sees bright futures for America's two biggest aerospace and defense titans.<p><i>Every day, Wall Street analysts upgrade some stocks, downgrade others,</i> …

Aviation

Turkey Targets Credit as Sanctions, Rating Spark Lira Jitters

© Bloomberg. A customer changes dollars into Turkish lira at a foreign currency exchange store in Istanbul, Turkey, on Thursday, Aug. 16, 2018. …

South Asia

Trump Calls Turkey a ‘Problem,’ Says Detained Pastor Isn't a Spy

President Donald Trump attacked Turkey again on Friday, saying the NATO ally isn’t a friend to the U.S. and had made up espionage charges against an …

Donald Trump

J.C. Penney Bond Market Moves Hint Department Store Retailer Is On Life Support

Get out the stretcher for J.C. Penney (JCP) .<p>With $182 million in cash on the balance sheet after an abysmal second-quarter loss, J.C. Penney Co. …

J.C. Penney

Yale Proves No Bulwark for Town Stung by Bond-Rating Downgrades

In New Haven, Connecticut, vast swathes of property are owned by Yale University, the Ivy League school that’s amassed a more than $27 billion …

Taxes

S&P Global, Moody's both downgrade Turkey's sovereign ratings

S&P Global Ratings on Friday lowered Turkey's long-term foreign currency sovereign credit rating to 'B+' from 'BB-' with a stable outlook. "The …

Economy

Is Embraer Stock a Buy? 1 Analyst Thinks So

<i>Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what</i> …

Investing

Internet bills to soar if NBN pricing not addressed

Telstra chief executive Andy Penn has warned of a surge in internet bills if National Broadband Network pricing is not addressed, as the squeeze on …

Telecoms

Cost of junk debt casts doubt on US expansion | Financial Times

Companies with speculative-grade credit ratings are spending a growing portion of their profits on interest payments as debt costs rise, causing …

Interest Rates

Lira Plunge Brings Back Sense of Gloom as Emerging Markets Drift

Turkey’s lira ended a three-day rally and slid as much as 8 percent, underscoring the fragility of emerging-market sentiment. Gauges of stocks and …

Stock Markets

Assured Guaranty guarantees £90M of bonds for Durham University housing

Assured Guaranty (NYSE:AGO) guarantees principal and interest payments on about £90M of bonds issued by Mount Oswald Colleges LLP.<p>The bond issuance …

Durham University

Daily Briefing: Bridge politics - bark worse than bite

LONDON (Reuters) - Authorities in Italy say anything between 10 and 20 people are still missing after Tuesday's bridge collapse in Genoa, as rescuers continue recovery efforts.<p>The collapsed Morandi Bridge is seen in the port city of Genoa, Italy August 16, 2018. REUTERS/Stefano Rellandini<p>A state …

Crude Oil Prices

Turkey’s Inevitable Credit Rating Cut

S&P Global Ratings is scheduled to update financial markets about how it views Turkey’s creditworthiness on Friday. Investors have already delivered their collective verdict by driving up the nation’s borrowing costs and sending the lira to record lows this week.<p>But it’s how Turkey’s leaders …

The City

Equities edge higher as planned China-US talks soothe traders’ nerves

"There is still a great deal of difference between agreeing to talk and coming to an agreement," said CMC Markets analyst Michael Hewson.<p>"For now it …

Business (South Africa)

Five Things You Need to Know to Start Your Day

<i>Want to receive this post in your inbox every morning? Sign up here</i><p>Trump pushes for better China deal, Turkey’s problems are far from over, and Musk …

Andrew Brunson

Cracks Form in Foundation of Chipmakers’ Advance: Taking Stock

Stock futures are ticking lower as investors digest disappointing results and financial forecasts from a handful of high-profile names. Deere & Co. …

Automotive Industry

W. Africa Crude-Diffs steady, India said to buy Nigerian at tender

© Reuters. W. Africa Crude-Diffs steady, India said to buy Nigerian at tender<p>LONDON, Aug 16 (Reuters) - Nigerian differentials have fallen enough to …

Africa

This Is Why Tel Aviv Is So Expensive

Earlier this month, S&P Global Ratings upgraded Israel’s credit rating for the first time in seven years, to AA-. It was the best report card Israel's economy has ever had from a rating agency, and a moment to savor. And yet what's more positive is that Israel is aiming higher.<p>The report cited …

Economics

Oil Prices Mixed as U.S. Crude Stocks Hike By 6.8 Million Barrels

Oil prices were mixed on Thursday<p>Investing.com – Oil prices were mixed on Thursday as data from the Energy Informational Administration (EIA) showed …

Oil

Risk Contributions Of Equity/Bond Asset Allocation Portfolios

<i>By Phillip Brzenk</i><p>In a prior post, we reviewed the risk and returns of portfolios with different equity and fixed income combinations. We saw that …

Investing

Between the lines: $178 million on Gulf of Mexico drilling lease sales

Yesterday's Gulf of Mexico lease sale drew $178 million in winning bids from oil companies, spanning 144 tracts in the region that cover around …

U.S. Politics