Visa (V) posted a net income margin of ~35.0% in the last 12 months. American Express and Discover reported net income margins of ~13.9% and ~23.8%, respectively, in the same timeframe.
Discovery Communications, which is an American mass media company, was the S&P 500’s top gainer on December 4.
After gaining for two trading weeks, the S&P 500 started this week on a mixed note. On Monday, six out of the S&P 500’s 11 major sectors rose.
At 5:50 AM EST today, the FTSE 100 Index was trading at 7,340.75—a gain of 0.02%. The iShares MSCI United Kingdom (EWU) fell 0.31% on December 4.
On December 5, the Shanghai Composite Index fell 0.18% and closed the day at 3,303.68. The SPDR S&P China (GXC) fell 0.46% on December 4.
Following a strong trading week, the S&P 500 started last week on a mixed note. However, the S&P 500 regained strength as the week progressed.
After pulling back last week, the United Kingdom’s FTSE 100 Index started this week on a stronger note by opening higher on December 4.
On December 4, the Shanghai Composite Index fell 0.24% and closed the day at 3,309.62. The SPDR S&P China (GXC) fell 0.98% on December 1.
Last week, the real stars were smart beta ETFs that saw strong inflows after many weeks. MTUM and USMV added $847.5 million and $829 million.
According to an analysis by FT, in the past nine months, the big six banks’ (JPM) (GS) trading assets rose by more than $170 billion.
Stronger economic growth, expectations of another rise in the interest rates, and lower regulatory barriers on the horizon are boosting financial stocks.
What does financial success look like for your clients? Is saving and investing about becoming wealthy, or is it really about securing a reasonable retirement, putting children through college, or buying that first home?
If bitcoin is to be more than a bandwagon, it has to have utility as a medium of exchange or store of value.
At 5:55 AM EST today, the FTSE 100 Index was trading at 7,292.75—a fall of 0.46%. The iShares MSCI United Kingdom (EWU) fell 0.03% on November 30.
On December 1, the Shanghai Composite Index rose 0.01% and closed the day at 3,317.62. The SPDR S&P China (GXC) fell 0.98% on November 30.
According to Gross, central banks’ deleveraging processes could hamper the performance of the stock market.
Bill Gross said in the interview with CNBC that he believes the stock market has reached the top. He said that various fundamental factors drove the market to a new high.
Berkshire Hathaway (BRK.B) invests in utilities, transmission, marketing, upstream, and downstream companies via its subsidiary Berkshire Hathaway Energy (or BHE).
Banks with globally diversified portfolios are better placed to take advantage of the credit offtake in Europe and Asia.
Commercial banks (XLF) are seeing marginal improvements in net interest margins, which is driving a major portion of the growth in revenues.