Tight Expense Discipline Boosts Nasdaq's Third-Quarter Earnings

Tight Expense Discipline Boosts Nasdaq's Third-Quarter Earnings
Nasdaq Inc. (NASDAQ: NDAQ)  was able to supplement decent top-line growth with firm control of its overhead expenses in the third quarter, as its earnings filing on Wednesday revealed. The result? Some pretty impressive bottom-line numbers: Nasdaq: The raw numbers Metric Q3 2017 Q3 2016 Year-Over-Year Growth Revenue $607 million $585 million 3.7% Net income attributable to Nasdaq $171 million... Read More

Update: TSX Loses 50 Points as Bank of Canada Keeps Interest Rates Unchanged

Update: TSX Loses 50 Points as Bank of Canada Keeps Interest Rates Unchanged
Canada’s main stock market shed 0.3% Wednesday as the big three sectors — financials, materials and energy — all declined after the Bank of Canada left its key interest rate unchanged. The S&P/TSX Composite Index fell 50 points or 0.3% to close at 15,854. Sector wise, financials lost 0.4% while materials fell 0.3% and energy was little changed to negative... Read More

McDonald’s Growth Momentum Continues, Reports Strong Q3 2017 Results

McDonald’s Growth Momentum Continues, Reports Strong Q3 2017 Results
McDonald’s  ( MCD ) reported its Q3 2017 results on October 24 th and the company registered a 6% increase in global comparable sales driven by positive guest counts indicating that its growth momentum is continuing. The company met analyst expectations for both revenues and EPS (earnings per share) despite concerns around the recent hurricanes impacting the company’s sales. Despite... Read More

Skechers Sprints to the Head of Wall Street; P&G's Mixed Report Left It Limping

Skechers Sprints to the Head of Wall Street; P&G's Mixed Report Left It Limping
In this segment of the Motley Fool Money podcast, host Chris Hill, Million Dollar Portfolio ‘s Jason Moser and Matt Argersinger, and Total Income ‘s Ron Gross discuss what Skechers (NYSE: SKX) is doing right in an otherwise troubled segment — which is almost everything. Rivals Under Armour  and Nike  have had it rough, but Skechers is gaining traction. Meanwhile,... Read More

India Bank Stocks Surge on $32.5 Billion Recapitalization Plan

India Bank Stocks Surge on $32.5 Billion Recapitalization Plan
Shares in India’s state banks surged on Wednesday following the government’s announcement of a $32.5 billion recapitalization plan The government unveiled plans to inject INR2.11 trillion, of which INR1.35 trillion billion will be front loaded through recapitalization bonds, in order to shore up the worsening balance sheets of the country’s public-sector banks. The State Bank of India (500112.IN) gained 17.55%, Punjab National Bank  (532461.IN) jumped... Read More