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Market News

Location American Market News for 19 July 2013
Why High Yield Investors Shouldn't Overreact To The Recent Selloff In the recent correction, the higher credit quality segments of the high yield market declined more than the lower credit quality segment.
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Sebi seeks to revive IPO market

livemint.com - 19 Jul 2013 05:00
Sebi seeks to revive IPO market Sebi to fast-track nod to offer documents; asks investment banks to price IPOs lower by 25-30%
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Microsoft shares hit by biggest sell-off since 2000

livemint.com - 19 Jul 2013 21:21
Microsoft shares hit by biggest sell-off since 2000 Biggest one-day drop since tech stock meltdown of 2000; Microsoft loses $36 billion in market value
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(Kitco News) - Gold futures prices came within in pennies of touching the $1,300-an-ounce level this week, and market participants will look toward next week to see if the yellow metal can close above this psychologicall...
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Bajaj Corp.'s offer for sale subscribed 2.4 times

livemint.com - 19 Jul 2013 20:06
Bajaj Corp.'s offer for sale subscribed 2.4 times Promoter SKB Roop Commercial Llp sold a 9.75% stake, in the offer for sale, the floor price for which was set at Rs200 a share
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Gold Survey: Survey Participants See Higher Gold Prices Next Week (Kitco News) - A majority of participants in the Kitco News Gold Survey see higher prices next week for the metal.
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Detroit In Bankruptcy: What It Means For The Muni Bond Market Don't expect major fallout, but muni fund managers say investors should review their holdings for hidden risks.
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Biggest Municipal Bankruptcies In U.S. History Detroit's July 18 filing for Chapter 9 bankruptcy protection was the biggest such filing for a U.S. municipality on record.
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(Kitco News) - U.S. oil prices hit their highest level in 16 months this week, with analysts citing unrest in Egypt, strong refinery runs in the U.S. and activity of investors.
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Microsoft Doesn't Fear The Post-PC World: Bank On $77B In Cash And Ballmer's Shift To Devices And Cloud Microsoft missed fourth quarter estimates and its stock fell massively, erasing more than $25 billion in market capitalization overnight, yet the company is working through a transition away from the PC which should prov...
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Cash Rich: 10 Companies With The Largest Cash Piles Here's a list of the top 10 U.S. companies in terms of their cash stash, compiled by Moody's. Data compiled year-end 2012 showed the usual suspects among the top ranks, including the largest tech names (which took a domi...
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RIL: volumes fall, but higher margins and other income boost profit Other income has increased by one-third on a year-on-year basis and by `292 crore on a sequential basis
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The Continuing Tall Tale of Past Performance The recent decision by the U.S. Securities & Exchange Commission (SEC) to allow hedge and private equity funds to advertise will encourage a pernicious practice to continue: Making investors believe that past performance...
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The Folly of Wanting to Invest Like Yale

Forbes - 19 Jul 2013 16:56
Don't believe that you too can invest like Yale, which has an extraordinary record. Most individuals lack the advantages of an institution like Yale.
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The (Awkward) Face of Google Glass

Forbes - 19 Jul 2013 15:59
The (Awkward) Face of Google Glass Functionality aside, Google's head-worn gadget, Google Glass, may be in need of a fashion overhaul sooner than later.
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HDFC continues to ride out the storm

livemint.com - 19 Jul 2013 14:52
HDFC continues to ride out the storm The company's numbers are quite rosy, given the challenging macro environment
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Concerns remain though product mix, currency lift Bajaj Auto's margins Improved margins translate into a 14% jump in operating profit at `1,055 crore, beating consensus estimates
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Product Crack: Crisil-AMFI mutual fund performance indices These indices would aim to track the performance of MF schemes across several categories
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Understanding macro fundamentals vital for advisers now Eventually, fundamentals drive markets.
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Satellite portion of portfolio can be risky

livemint.com - 19 Jul 2013 14:19
Satellite portion of portfolio can be risky The satellite portion allows investors to take measured risk without large commitments
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Why US bond yields matter to us

livemint.com - 19 Jul 2013 14:19
Why US bond yields matter to us Until corporate earnings and GDP growth are back on track, liquidity will continue to dictate terms
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BSE IT index at record after TCS tests new high

livemint.com - 19 Jul 2013 08:20
BSE IT index at record after TCS tests new high IT Index rises over 3% to hit an all-time high, as TCS jumps as much as 5.6%
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