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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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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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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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Can Sundaram stop misselling by hiking minimum investment threshold? Sundaram Asset Management Co. has hiked the minimum investment amount in four of its thematic equity funds to `1 lakh, up from Rs5,000 earlier
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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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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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Iron Ore's Recovery Turns to Rust

Wall Street Journal - 3 Jul 2015 12:17
The iron-ore market is discovering why the archenemy of high commodity prices is, well, high commodity prices.
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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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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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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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Live: Sensex jumps 150 points, MTNL shares up 16%

livemint.com - 3 Jul 2015 06:23
Live: Sensex jumps 150 points, MTNL shares up 16% Here are the key developments affecting the domestic and international markets today
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Asian stocks slip as China rout intensifies, dollar weak China share index down 6% as rout continues; investors cautious ahead of Greece referendum on Sunday
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Rupee hits 2-month high of 63.36 against US dollar

livemint.com - 3 Jul 2015 06:00
Rupee hits 2-month high of 63.36 against US dollar Rupee opened at 63.43 and touched a high of 63.36--a level last seen on 6 May
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