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Market News

Location American Market News for 3 July 2015

JSPL shares hit 8-year low on high volumes

livemint.com - 3 Jul 2015 10:59
JSPL shares hit 8-year low on high volumes Intraday, it touched a low of Rs83.6 on the BSE, a level last seen on 20 April 2007
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Regulators Warn Banks on Loans to Oil, Gas Producers

Wall Street Journal - 3 Jul 2015 06:19
U.S. regulators are sounding the alarm about banks' exposure to oil and gas producers, a move that could limit their ability to lend to companies battered by a yearlong slump in prices.
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Buffett Re-Examines Reinsurance

Wall Street Journal - 3 Jul 2015 00:38
The obscure business of reinsurance has always been one of Warren Buffett's favorite money makers, but a changing landscape has led his Berkshire Hathaway to adjust its strategy.
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Fourth Of July Put-Selling Plays For Buying Great American Dividend Stocks At Big Discounts On the theme of declaring your own independence of the financial sort, what you'll find below are four reliable dividend-paying stocks that look cheap now but would be even better if you could buy them just a bit more ch...
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Bearish broker note pushes Vodafone into the red Merrill Lynch believes Vodafone's recovery remains fragile, and that it is unlikely to show any material improvement until the second-half of next year.
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Hedge Funds With Greek Holdings Face Uncertain Wait

Wall Street Journal - 3 Jul 2015 19:36
Hedge funds managers with exposure to Greek stocks and warrants face an uncertain wait ahead of Sunday's referendum, after being unable to get their money back or easily value their funds this week.
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Forget new promises on tax - the Conservatives should try reviving some old ones Get rid of stamp duty on shares, and end the tax relief on films
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Aetna, the health insurance company based in Hartford, Connecticut, agreed to buy Humana Inc., a major provider of private Medicare insurance, for $37 billion in cash and stock on Friday morning. The acquisition, which c...
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NSE plans to seek board approval for listing

livemint.com - 3 Jul 2015 15:52
NSE plans to seek board approval for listing A decision will be taken once the nation's securities regulator issues revised guidelines for new applications for exchange listings
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Indian gold prices at deep discounts on sluggish demand Gold prices in India have fallen more than 3% in a fortnight, tracking losses in the global market
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RBI sells bonds worth Rs15,000 crore

livemint.com - 3 Jul 2015 13:31
RBI sells bonds worth Rs15,000 crore RBI sold its entire bond offering of Rs15,000 crore at yields close to what the bonds were trading at in the market
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Sensex caps third weekly gain as Greece vote awaited The BSE Sensex rose 0.53% and closed at 28,092.79 points, taking the week's gain to 1%
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Lloyds Bank Retail Sale to Yield Political Dividends

Wall Street Journal - 3 Jul 2015 12:19
Government plans to sell Lloyds shares to the public will mean financial gains for a lucky few but political insurance for the bank.
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Eurozone Crisis Now Yields Windfall

Wall Street Journal - 3 Jul 2015 12:17
Away from Greece, the eurozone, and Germany in particular, is enjoying the benefit of ultra-low bond yields.
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Troubling Lessons in China's Crumbling Stock Market

Wall Street Journal - 3 Jul 2015 12:04
The bubble's deflation shows China's reputation for omnipotence in economic matters is hardly unassailable.
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China Accelerates Efforts to Stem Selloff

Wall Street Journal - 3 Jul 2015 12:02
China shares tumbled Friday, even as Beijing moves swiftly to try to plug losses, with the smaller Shenzhen index suffering its worst week since December 1996.
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Gold ends steady; silver recovers on industrial demand Gold of 99.9 and 99.5% purity ended steady at Rs26,500 and Rs 26,350 per ten grams, respectively
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China shares tumble as Greece worries dog markets China's benchmark share index plunged almost six percent, at the end of another torrid week for mainland investors
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Should you invest in Axis Bank's Fixed Deposit Plus? Axis Bank launched a new fixed deposit scheme that offers a higher rate of interest as compared with its regular FD for a tenor of up to two years
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MTNL shares surge 20% on delisting buzz

livemint.com - 3 Jul 2015 08:30
MTNL shares surge 20% on delisting buzz A news report said govt may delist MTNL ahead of its merger with BSNL
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Join Mint's market experts on the daily Live Markets chat Interact with our experts from 12pm to 1pm every weekday to figure out what's moving the markets
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Oil prices drop on rising US rig count, China stock market probe US rig count rises for first time since December 2014; China watchdog probes mkt over stock slump since June; Brent slips below $62 a barrel
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