|Bid||0.00 x 40700|
|Ask||0.00 x 2900|
|Day's Range||57.24 - 57.70|
|52 Week Range||56.03 - 64.72|
|PE Ratio (TTM)||152.30|
|Beta (3Y Monthly)||0.87|
|Expense Ratio (net)||0.49%|
A sharp rise in the yield of benchmark 10-year U.S. Treasury notes sparked a sell-off in stocks that circled global markets. Debt markets are under pressure with bond prices falling rapidly, prompting investors to head toward products like inverse bonds ETFs for a piece of the pie. Japanese companies have not been spared the rout and fell to a four-week low, while crude oil traded near 4-year highs due to a plunge in Iranian exports as a result of U.S. sanctions. Closing the list, Canadian assets were favored last week on news regarding the rescue of the trilateral North American Free Trade Agreement but did not enjoy the highly anticipated inflows for long. Check out our previous Trends edition at Trending: Communication Stocks in Spotlight Amid S&P Sector Reshuffle.
So far in this series, we’ve noted that BlackBerry (BB) reported sales of $214.0 million in its second quarter of fiscal 2019. Its GAAP revenues totaled $210.0 million. BlackBerry’s major business segments are Enterprise Software & Services, BlackBerry Technology Solutions (or BTS), and Licensing, IP and Other.
We've all heard that diversification is good for a portfolio. Considering that the U.S. stock market is at record highs, and stocks are about as pricey as they get, investors may want to consider spreading around some of their risk. And Asian stocks might be the best place in the world for that right now. If you want to diversify outside the U.S. market, there's a problem: Most major markets don't look any safer than the U.S. Europe has been underperforming for literally years with no real sign of reversing that trend. Latin America has plenty of problems, not the least of which is the implosion of the Argentinian economy. Africa is a hotbed of unstable stock markets and geopolitical unrest. Fortunately, there are some opportunities in Asia - through domestically traded exchange-traded funds (ETFs) - where local markets are either holding firm or turning the corner into bull markets. Here's a look at four funds to buy to get exposure to Asian stocks and defray your risk a bit. SEE ALSO: Emerging-Markets Stocks: 10 Ways to Play the Next Bull Market
In July, Broadcom (AVGO) announced an agreement to acquire CA Technologies (CA) for an equity value of ~$18.9 billion. The all-cash deal still needs the approval of CA shareholders and antitrust approvals from the European Union (EZU) and Japan (EWJ).
The Bank of Japan has been propping up the Japanese equity market as part of its aggressive quantitative easing program, but the central bank has quietly pulled back support, potentially fueling greater volatility in the country-related exchange traded funds. The BOJ has been buying alternative index-based funds. The central bank has acquired Japan-listed ETFs that track the JPX-Nikkei 400 Index, which also serves as the underlying benchmark for JPN and JPXN.
Developed Asia and some related single-country ETFs, including the iShares MSCI Japan ETF (EWJ) , the largest Japan-related ETF on the market, are currently offering compelling discounts relative to other major developed markets. “As of the end of July, Japanese equities remain the cheapest equity market in the developed world. The Topix Index (TPX) is trading at 1.8 times price-to-book (P/B), roughly half the level of the S&P 500. The current discount is close to the lowest since 2012, a period that preceded a three-year, 150% rally,” said BlackRock in a recent note.
Global ETFs have gathered around $41.13 billion in assets in July -- the largest monthly net inflows since January -- to hit $5.1 trillion in AUM.
In this series, we’ll discuss three challenges that could continue to make Apple (AAPL) vulnerable: the company’s significant revenue exposure to non-American regions amid tariff woes Apple’s slipping position in the global smartphone market its next modem supplier for iPhones after Qualcomm (QCOM)
Multiple key Asian economies released their Purchasing Managers' Index data for July this week. Most countries noted diminished production during the month, but why was this the case? Let's take a closer look.
Trump Trades Trade Handgun For Trade Grenade, Proposes Raising Tariffs to 25% The trade war just escalated again. Instead of the initially proposed 10% tariff on $200 billion worth in Chinese goods, the Trump Administration, featuring mainly Trump, and maybe some Ross and Navarro, has proposed raising tariffs already imposed on these goods to 25%. […] The post Market Morning: Trade Grenade, Capital Gains Cut, Japanese Yields, Huawei Overtakes Apple appeared first on Market Exclusive.
China’s Shanghai Composite Index lost strength at the end of last week and started this week on a mixed note. On July 31, the Shanghai Composite Index opened lower and gained strength as the day progressed.
Earlier this month, GoPro (GPRO) revealed that it has sold over 30 million HERO cameras since the launch of the first HD model in November 2009. GoPro attributed the sales to product quality, which has made HEROs the best-selling camera in North America for 17 consecutive quarters.
China’s Shanghai Composite Index rose at the beginning of last week but trimmed some of the gains by the end of the week. On Monday, the Shanghai Composite Index opened the day lower and closed the day with limited losses.
China’s Shanghai Composite Index started this week on a stronger note and gained in the first two trading days. However, the market lost strength as the week progressed amid the weak market sentiment. On July 27, the Shanghai Composite Index opened the day lower and maintained the mixed sentiment throughout the day. Market sentiment
China’s Shanghai Composite Index pulled back on Wednesday and broke the three-day gaining streak. On July 26, the Shanghai Composite Index opened the day on a mixed note and declined as the day progressed.
Investors were once leery of new exchange traded funds, often waiting months or even years to give them a spin. Some newer ETFs are proving that the hands-off treatment is waning. Until recently, the JPMorgan BetaBuilders Japan ETF (NYSE: BBJP) was leading an anonymous existence, an understandable phenomenon when considering the field of Japan ETFs is crowded and that BBJP is barely a month old.
After trading with mixed sentiment last week, China’s Shanghai Composite Index started this week on a stronger note and moved higher as the week progressed. On July 25, the Shanghai Composite Index opened the day higher but closed the day almost flat.
President Trump is eyeing Japan as his next target for tough trade talk. Yahoo Finance's Seana Smith, Dion Rabouin, Andy Serwer and Entrepreneur Magazine's Jason Feiffer.