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Market News

Location American Market News for 10 May 2015
Monthly income plans invest in equity and carry that risk These are debt-oriented hybrid funds that invest 15-25% in stocks, and the rest in the debt market
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Higher revenue, margins drive Sintex Industries results Apart from the company's monolithic business, including housing construction solutions, revenue growth across other segments was satisfactory
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Oil's Spoils Slow to Flow

Wall Street Journal - 10 May 2015 22:50
The drop in oil prices was supposed to help the economy this year. So far, it seems to have mostly hurt.
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The People's Bank of China (PBOC) cut a key lending rate Sunday -- the third such cut since November -- in a bid to spur slowing growth. The central bank reduced benchmark lending rates by 25 basis points to 5.1 percent.
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Bond Insurers' Exposure to Puerto Rico Tough to See

Wall Street Journal - 10 May 2015 23:50
Investors seeking to anticipate the impact of a potential debt default in Puerto Rico are turning their attention to a familiar blind spot: the health of municipal-bond insurers.
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Rackspace Looks Painfully Stretched

Wall Street Journal - 10 May 2015 23:15
Ahead of the Tape: Cloud-computing company Rackspace rallied on Amazon's results but has the same old woes as before.
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China Rate Cut Isn't the Deepest

Wall Street Journal - 10 May 2015 22:58
China's benchmark rate cuts came with more flexibility on what banks pay depositors, a switch that could create a drag on how fast rates really fall.
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International Experience Strengthens New Alibaba Chief's Hand

Wall Street Journal - 10 May 2015 22:52
Alibaba's incoming chief executive, Daniel Zhang, brings to his new role experience dealing with international brands and foreign investors.
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Investors Bet on a Las Vegas Rebound

Wall Street Journal - 10 May 2015 22:01
An attempt to sell a plot of land on the Las Vegas Strip called Project Jackpot, which currently holds a Walgreens and a Travelodge Motel, comes as investors place new bets on a return to the city's 2007 heyday.
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Investors Pay a Price for Caution on China

Wall Street Journal - 10 May 2015 21:14
Abreast of the Market: For years, Western portfolio managers have been reluctant to steer much cash into Chinese investments. This year, that caution has taken a toll.
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Asia Loses Its Sweet Tooth for Chocolate

Wall Street Journal - 10 May 2015 21:08
Slowing economic growth and higher candy prices have dulled Asia's demand for cocoa, the main ingredient in chocolate, and upended bets by investors.
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Mutual fund holdings in RIL rise on core profit expectations Domestic mutual funds held 740 lakh RIL shares by end-March, up 25% from 589 lakh at the end of June 2014
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Bond Market Bloodbath Is in the Math

Wall Street Journal - 10 May 2015 20:53
The reach for yield in longer-dated bonds puts investors in particular peril as the market goes into reverse.
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Young investors: get ready, steady, then go

livemint.com - 10 May 2015 17:34
Young investors: get ready, steady, then go It all comes down to having a plan for your money. Clearly link investments to specific future goals
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Product crack: Bharti AXA Smart Traveller Insurance

livemint.com - 10 May 2015 17:33
Product crack: Bharti AXA Smart Traveller Insurance The policy can be bought for one year, and renewed annually by individuals, families and companies
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There may be a mole in your banking app

livemint.com - 10 May 2015 17:31
There may be a mole in your banking app Banking transactions on an app are common. But beware as someone may be copying the information
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PNC Infratech's IPO to resume on Monday

livemint.com - 10 May 2015 16:35
PNC Infratech's IPO to resume on Monday The IPO hit the market on Friday and the bidding is scheduled to continue till Tuesday
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KEC International orders rebound, but concerns persist There are doubts if the new orders can alter KEC's margin profile, especially considering that some legacy orders are pending
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Public sector banks not out of the woods yet

livemint.com - 10 May 2015 16:18
Public sector banks not out of the woods yet The capital ratios for some of these banks now appear insufficient to grow loans even if the economy bounces back later this year
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Eicher Motors firing on all cylinders

livemint.com - 10 May 2015 16:05
Eicher Motors firing on all cylinders The March-quarter performance not only lived up to the Street's expectation, but there could also be more steam still, given the growth prospects in its motorcycle division
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