Home Depot Bounces Back From Slowdown With Strong Quarter
Bloomberg, 14 August at 15:54
Home Depot Inc. offered more evidence that the U.S. housing market is still humming along, reporting second-quarter sales that sent shares higher. The home-improvement chain said same-store sales increased 8 percent in the three months ended July 29, ...
Turkey Crisis Puts Spotlight on Emerging Market's Foreign-Currency Debt
Wall Street Journal, 14 August at 15:31
Turkey has more foreign-currency debt as a share of gross domestic product than many of its emerging-market peers. Photo: Emrah Gurel/Associated Press. 0 Comments. By. Ben Eisen. Ben Eisen. The Wall Street Journal. BiographyBen Eisen · @BenEisen ...
UPDATE 1-India not worried about weak rupee if other currencies depreciate - finmin official
Reuters, 14 August at 15:02
... * Rupee fall due to global factors, says finmin official. * Rupee has depreciated over 8 pct so far this year. * Opposition parties blame govt policies for rupee fall (Recasts with details, reaction). By Manoj Kumar. NEW DELHI, Aug 14 (Reuters
Chinese Tesla rival Nio files to raise $1.8 billion in US IPO
TechCrunch, 14 August at 14:58
Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to raise $1.8 billion in an IPO on the New York Stock Exchange. Nio was started in 2014, initially as NextCar, by Bin Li, an entrepreneur who founded online
The FBI Says There's Going to be a Huge Bank Heist in the Coming Days
Fortune, 14 August at 14:41
The FBI just warned banks that their customers' accounts could be targeted by a worldwide ATM hacking scheme. The attack, known as an “ATM cash-out” or “unlimited operation,” is expected in the coming days, and will likely take place on a weekend or
Home Depot beats across the board as same-store sales spike 8%
Business Insider, 14 August at 14:17
(Reuters) - Home Depot Inc's second-quarter sales at established stores beat Wall Street forecasts, boosted by a rebound in demand for seasonal merchandise. Shares of the No. 1 U.S. home improvement chain rose 2.4 percent to $198.8 in premarket trading ...
Gold rises as dollar edges lower
Reuters India, 14 August at 14:11
LONDON (Reuters) - Gold prices steadied near 18-month lows on Tuesday, attempting a break back above the key $1,200 level as the dollar eased and analysts said the precious metal could have fallen too far. FILE PHOTO: An employee sorts gold bars in ...
Musk's Tweets on Tesla Buyout Face Scrutiny After Saudi Disclosure
Wall Street Journal, 14 August at 14:02
Tesla Inc. Chief Executive Elon Musk's revelations that he has talked to Saudi Arabia's sovereign-wealth fund to provide the cash to take the company private gives regulators more ammunition to fault how he first disclosed it, securities law experts said.
Advance Auto Parts' stock surges after earnings and sales rise above expectations
MarketWatch, 14 August at 13:56
Advance Auto Parts Inc.'s stock AAP, -1.03% shot up 4.4% toward a 15-month high in premarket trade Tuesday, after the auto parts retailer beat second-quarter earnings and revenue expectations and announced a new stock repurchase program. Net income ...
Turkey's Banks Bear Weight of Currency Crisis
Wall Street Journal, 14 August at 13:50
After Turkey's historic currency plunge, a major question is how the country's banks withstand the pain? Turkey's banking system is chocked full of foreign currency debt to companies and to a lesser extent consumers. Borrowers who took out loans in U.S
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