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Market News

Location American Market News for 7 April 2015

De-jargoned | Financial repression

livemint.com - 7 Apr 2015 17:26
De-jargoned | Financial repression It means that savers are not adequately compensated for their savings
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Where's the room for a rate cut?

livemint.com - 7 Apr 2015 16:20
Where's the room for a rate cut? Two things in Tuesday's monetary policy statement indicate that the room for further rate cuts by RBI is limited
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Although prices for solid state drives (SSDs) are expected to continue to fall, they will almost certainly not be as cheaper than regular hard disk drives (HDDs) in the next few years. As a result, hard drive manufacture...
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Live market updates: Sensex slips slightly after RBI policy Here are the key developments affecting the domestic and international markets today
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Earlier this week, BlackRock detailed plans to revamp its money market funds to ensure their compliance with new regulations adopted by the Securities and Exchange Commission last July. The global asset management leader...
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U.S. stocks trimmed early gains to close lower Tuesday, as investors await the start of first-quarter earnings season. Aluminum producer Alcoa Inc. is set to start the parade of quarterly financial results with its relea...
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Tuesday Sector Laggards: Utilities, Financial In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 0.7% loss. Within the sector, CMS Energy Corp (NYSE: CMS) and Xcel Energy, Inc. (NYSE: XEL) are two large stocks that are laggi...
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Tuesday Sector Leaders: Healthcare, Technology & Communications Looking at the sectors faring best as of midday Tuesday, shares of Healthcare companies are outperforming other sectors, up 0.7%. Within that group, Alexion Pharmaceuticals Inc. (NASD: ALXN) and Vertex Pharmaceuticals, I...
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Oil prices could be $5-15 lower in 2016 if Iran sanctions are lifted: EIA Lifting of sanctions against Iran if a nuclear pact is concluded can significantly change forecast for oil supply, demand, and prices, EIA says
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ArcelorMittal is the world?s largest steelmaker. It is one of the leading global producers of automotive steel, accounting for around 16.7% of the world?s automotive steel sheet market in 2014.The company is investing he...
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US stocks advance amid corporate deals, interest rate bets Seven of the S&P 500's 10 main groups climbed Tuesday, led by health-care and energy companies
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Leading banks give borrowers some relief

livemint.com - 7 Apr 2015 17:33
Leading banks give borrowers some relief RBI maintained status quo on policy rates, disappointing markets; retail borrowers to cheer
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Not much for distributors to do; NPS should sell by itself PFRDA chairman talks about the effect of budget proposals on NPS and what to expect in the future
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Financial planning lessons from Prime Minister Narendra Modi Goal setting, habit creation and working on problems ex-ante rather than ex-post
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U.S. stocks edged higher Tuesday, with the Dow Jones Industrial Average rallying nearly 100 points, as investors look ahead to the opening of first- quarter earnings season this week. Meanwhile, the Labor Department said...
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Is Any Stock a 20-Year Buy and Hold?

Forbes - 7 Apr 2015 16:26
Is Any Stock a 20-Year Buy and Hold? Once again, the stock market confounded the majority by recording a very strong performance in Monday's session. Apparently, the weak jobs report has been discounted by investors as a weather related aberration that will...
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BSE to shift 41 firms to restricted trade, NSE to move 8 The move is a part of a surveillance review and to ensure market safety and safeguard the interest of investors, say the bourses
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BNY Mellon sells shares worth over Rs23 crore in Apollo Hospitals After the sale, BNY Mellon's stake in Apollo Hospitals falls to 3.13% from earlier 3.24%
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The reasons for REC's low valuations

livemint.com - 7 Apr 2015 15:53
The reasons for REC's low valuations At 6.2 times its trailing 12 months P-E multiple, Rural Electrification Corp. is one of the cheapest stocks in the infrastructure financing industry
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Reserve Bank of India's long-term game plan

livemint.com - 7 Apr 2015 15:28
Reserve Bank of India's long-term game plan If the supply response doesn't improve, RBI's forcing of inflation down to 4%, perhaps via higher rates, will extract a substantial cost in terms of lower growth
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Warren Buffett Adds To Automotive Bets With $560 Million Axalta Investment Berkshire Hathaway's Warren Buffett is increasing his investment in the recovering U.S. automotive sector, this time by taking a $560 million stake in Axalta Coating Systems, a 145-year old seller of coatings for cars, S...
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Profile: Adviser Follows in the Footsteps of Dad and Granddad

Wall Street Journal - 7 Apr 2015 15:17
Jacob Gold knew, as a 10-year-old helper in his father's practice, that he wanted to be a financial planner. "It was in my DNA," he says.
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