What Investors Missed in the Market This Week

Must read

Goodbye trolls! Instagram’s new feature will stop people from posting offensive comments on your photos

Keyword moderation tool enables the user to block offensive words  Previously only available to business users but now open to all  The tool...

The Right Gifts That You Need to Have Now

Ok, the dress does not make the monk. But against a recruiter, the saying flies. A good first impression also goes through your clothes....

Top 8 Essential Mobile App Designing Tools

Introduction Every designer needs the appropriate app design platform to create an attractive and enticing user experience for smartphone apps. And to make that happen, they're...

Naya Rivera: The story behind my abortion

Editor's note: Naya Rivera is an actress, singer, and author of the new memoir, Sorry Not Sorry: Dreams, Mistakes, and Growing Up (TarcherPerigee). For six seasons,...
Lucille Barretthttps://bloggingkits.org
Future teen idol. Hardcore tv lover. Social media guru. Zombie aficionado. Travel scholar. Biker, shiba-inu lover, audiophile, Mad Men fan and proud pixelpusher. Working at the junction of minimalism and elegance to answer design problems with honest solutions. I'm fueled by craft beer, hip-hop and tortilla chips.




The S&P 500 (SNPINDEX:^GSPC) and the Dow Jones Industrial Average(DJINDICES:^DJI) tumbled on Friday, finishing the week down by 2.2% and 2.39%, respectively. The driving force behind the declines seems to have been Boston Federal Reserve Bank President Eric Rosengren’s comments that the central bank could soon increase interest rates. With this as our backdrop, let’s take a look at a few companies that made big moves or big headlines this past week.

Transtar

The Apple effect is real.

Apple (NASDAQ: AAPL) is a massive company. Thanks to the business it offers suppliers or other companies that contribute to Apple products, news that a new company has come on board is often a surging stock price for the company involved. During Apple’s presentation on Wednesday, when it revealed the iPhone 7, it also announced that Nintendo (NASDAQOTH: NTDOY) would bring a game called Super Mario Run to iOS — a surprise that sent Nintendo’s stock price surging nearly 30% initially.

While much of the hype surrounding Nintendo recently has been its Pokemon Go game, which management has noted wouldn’t meaningfully improve its bottom line, this is a great step for Nintendo to cash in on the valuable intellectual property that Mario represents. As it stands, Super Mario Run will be debuting on Apple’s iPhone and iPad this December, with a portion of the game available for free and options to purchase more game content.

Nintendo has often been an afterthought in the console wars. But working toward a future where mobile gaming can generate more of the company’s top and bottom lines is a good move for investors.

Is Volkswagen a hero or a zero?

Read More Articles :

Volkswagen Group has been shunned by investors, analysts, and consumers thanks to its diesel emissions scandal — and for a good reason. The company installed devices to make sure its diesel vehicles passed emissions tests when they otherwise couldn’t.

Many of us think of Volkswagen’s passenger cars as its sole business, but the company also operates a commercial truck division. Its Volkswagen Truck and Bus division made headlines this week because it made a $256 million investment in Navistar International Corporation(NYSE: NAV)— which is helping the latter step away from the edge of potential bankruptcy.

The deal gives Volkswagen a 16.6% stake in Navistar and appoints two directors to the company’s board of directors. Volkswagen also must hold on to the shares for at least three years. Volkswagen hopes that its investment in Navistar will give it’s truck and bus division a foothold in the U.S., using Navistar’s dealership network, which has long eluded the automaker.

On the flip side, Navistar investors are hopeful that Volkswagen supplying the company’s diesel engines can put Navistar back on track after it invested billions into a diesel engine that failed to attain approval from the U.S. Environmental Protection Agency.

The partnership and potential full merger down the road are expected to generate at least $200 million in savings annually in the near term. Thus, far from how the general public now perceives Volkswagen, the partnership transforms the German automaker into a heroin Navistar shareholders’ eyes.

Sometimes it only takes a kind word.

While Volkswagen has faced a fair share of adversity this year, few companies can relate to the rough times Barnes & Noble, Inc. (NYSE: BKS) has seen since Amazon.com hit the scene and changed the rules of retail. But the company remains alive today, and Barrons.com even tossed a compliment it was way last weekend.

Barrons noted that Barnes & Noble had indeed survived the Amazon death threat, its brick-and-mortar bookseller stores remain profitable, and its e-book sales have stabilized.




More articles

Latest article

Goodbye trolls! Instagram’s new feature will stop people from posting offensive comments on your photos

Keyword moderation tool enables the user to block offensive words  Previously only available to business users but now open to all  The tool...

The Right Gifts That You Need to Have Now

Ok, the dress does not make the monk. But against a recruiter, the saying flies. A good first impression also goes through your clothes....

Top 8 Essential Mobile App Designing Tools

Introduction Every designer needs the appropriate app design platform to create an attractive and enticing user experience for smartphone apps. And to make that happen, they're...

Naya Rivera: The story behind my abortion

Editor's note: Naya Rivera is an actress, singer, and author of the new memoir, Sorry Not Sorry: Dreams, Mistakes, and Growing Up (TarcherPerigee). For six seasons,...

Gold ETFs Are Still A Smart Volatility Hedge

Gold is not bereft of volatility, but the yellow metal is often thought of as a hedge against equity market turbulence. Treasury yields rest...