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Business News

Location American Business News for 5 August 2016
GST to benefit pharma industry, but pricing remains a concern GST is expected to be a win-win situation for drug makers as it will not only simplify tax structure but also create a level-playing field for pharmaceutical companies
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Sebi moves to slow down algorithmic trading

livemint.com - 5 Aug 2016 15:44
Sebi moves to slow down algorithmic trading Sebi says it is examining various options to allay the fear and concern of unfair and inequitable access to the trading systems of the exchanges
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Raise Cash In A Rich Market

Forbes - 5 Aug 2016 17:00
Raise Cash In A Rich Market Mutual funds and ETFs are generally not allowed to hold much cash. But, being fully invested makes a lot of sense only when then the market is cheap. Rahul Garg says that when the market is priced richly, you want to rai...
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OMC Crosses Above Average Analyst Target

Forbes - 5 Aug 2016 15:43
In recent trading, shares of Omnicom Group, Inc. (NYSE: OMC) have crossed above the average analyst 12-month target price of $81.33, changing hands for $81.53/share. When a stock reaches the target an analyst has set, th...
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Why Jobs Won't Jolt the Fed

Wall Street Journal - 5 Aug 2016 20:41
The U.S. economy is getting closer to full employment, but the Federal Reserve may be willing to let it run hot.
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Oversold Conditions For Sabmiller (SBMRY)

Forbes - 5 Aug 2016 20:29
Oversold Conditions For Sabmiller (SBMRY) Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indi...
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Payroll boom: The economy added 255,000 jobs in July Economists expected 180,000 gains; report could be key as Fed weighs rate hike next month          
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Three Simple Steps to Take Before You Fire a Difficult Employee By providing adequate feedback and encouragement, you might be able to transform that difficult employee for the better.
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Amazon's latest weapon in the e-commerce wars: Its own air force A Boeing 767 dubbed "Amazon One" is making its inaugural flight today.
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The Only 3 Types of Writing People Actually Want to Read

The Huffington Post - 5 Aug 2016 23:32
The Only 3 Types of Writing People Actually Want to Read I spend a lot of time in forums and groups for writers. I want to know what makes them tick. I want to learn about their struggles so I can help them. I want to explore the landscape. I'll come across a struggling writer...
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Should You Invest In The Carolina Coast?

Forbes - 5 Aug 2016 22:58
Should You Invest In The Carolina Coast? home prices in Hilton Head and Charleston are expected to grow, Myrtle Beach is a best bet for single family rental investments with rentals to service providers a big market, retail and restaurant investments will do we...
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Worry Over 401(k) Fees Rises as Lawsuits Increase

ThinkAdvisor - 5 Aug 2016 22:55
Retirement plan advisors find themselves in a litigious environment as the number of lawsuits filed and settlements made regarding 401(k) plans increases.
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These 12 states let you shop tax-free this weekend Some states suspend sales taxes on certain items leading up to back-to-school season.          
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Oil price lower, set to mark a small weekly loss as a volatile week heads to a finish.
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Walmart tries catching up to Target with Jet acquisition It may be too late for Walmart to ever catch up with Amazon online -- but buying Jet.com could at least give the retail behemoth a leg up on rival Target. Seattle-based Amazon now accounts for 31 percent of e-commerce sa...
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Shares of Lions Gate Entertainment climbed 10 percent in intraday trade after the company posted better-than-expected earnings.
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As video games become more like spectator sports, Wall Street could be reaping the gains, an analyst told CNBC.
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The $110 million sale of the Playboy Mansion has fallen through because the 32-year-old buyer demanded too much access to the house while owner and magazine mogul Hugh Hefner would still be living there, according to pub...
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How Bristol-Myers Survives a Failure

Wall Street Journal - 5 Aug 2016 21:09
Bristol-Myers's stock stumble after a surprise clinical trial failure and the collapse of Valeant's shares show there's no avoiding risks in drug development.
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RBS: Time to Give Up on Big Cash Prizes

Wall Street Journal - 5 Aug 2016 20:33
Royal Bank of Scotland's restructuring promised billions in capital releases, but there have been too many troubles on the way.
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Shenandoah Telecommunications Becomes Oversold (SHEN) Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indi...
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There's (Literally) a Little Gold in Everyone in Olympic Ad from Dick's Sporting Goods Dick's Sporting Goods is going big with its minute-long commercial by Anomaly for the Opening Ceremonies of the Rio Olympics, focusing on the chemical makeup of all life in the history of the universe. That might include...
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