Market News
Dow Jones Industrial Average Plunges 200 Points On Global Growth Fears
IBTimes - 20 Aug 2015 16:39
U.S. stocks traded sharply lower Thursday morning, with the Dow Jones Industrial Average plunging 200 points after oil prices tumbled to near $40 a barrel. The S&P 500 turned negative for the year after all 10 sectors tr...
J.P. Morgan Names Former Army Chief of Staff as Adviser
Wall Street Journal - 20 Aug 2015 16:11
J.P. Morgan said it has brought on Gen. Raymond T. Odierno, the recently retired chief of staff of the Army, as a senior adviser to the firm.
Glencore Reports Loss, Warns on Trading Profit
Wall Street Journal - 20 Aug 2015 05:30
Glencore swung to a steep first-half loss, hit by price falls in the raw materials it extracts and lower profit from the trading business that was supposed to cushion it against a commodities-market rout.
Analysts: Likelihood of U.S. Oil at $30 Increasing
Wall Street Journal - 20 Aug 2015 04:06
As U.S. oil fell to a new six-year low below $41 a barrel, an increasing number of analysts and traders are saying prepare for crude dipping into the $30s, and soon.
Dow Jones Industrial Average Plummets 358 Points, Suffers Worst Day Of The Year On Global Growth Concerns
IBTimes - 20 Aug 2015 23:20
U.S. stocks closed sharply lower Thursday, with the Dow Jones Industrial Average tumbling more than 350 points, marking its worst day of 2015. The S&P 500 turned negative for the year after all 10 sectors closed lower, l...
HP shares waver as sales skid 8 percent
CNBC - 20 Aug 2015 23:20
HP shares were choppy after it reported that sales fell 8 percent year over year, hit by continued struggles in its legacy business.
Bank Profits Must Yield to Market
Wall Street Journal - 20 Aug 2015 22:46
Optimism about Wall Street's earnings power was too strong already. Then this week happened.
Stocks Rocked: Plunge Lands S&P 500 Back In Negative Territory For 2015
Forbes - 20 Aug 2015 22:40
Investors and traders looking for reasons to sell stocks have no shortage these days, with a long-running bull market showing signs of its age.
A Classic Retirement Trap: Why The CFPB Is Cracking Down on Pension Advance Loans
Forbes - 20 Aug 2015 22:39
When is a pension advance just an expensive loan? The CFPB wants to get to the bottom of this retirement trap. We wrote about these companies three years ago.
Twitter Inc (TWTR) Shares Tumble Below IPO Price As Concerns Grow Over User Growth
IBTimes - 20 Aug 2015 22:18
Shares of Twitter Inc. (NYSE:TWTR) tumbled nearly 6 percent in afternoon trading Thursday, falling below $26 -- the company's initial public offering price. The selloff came after the company announced an overhaul of its...
There's No Place Like Home - The Housing Market And Economic Growth
Forbes - 20 Aug 2015 22:04
Dorothy?s line about home has stuck in the American dialogue as a standard saying. Home ownership is part of the American dream. Owning one?s home has been a sign of arrival, or being rooted to a particular community. Th...
SBI wants to bring back teaser loans
livemint.com - 20 Aug 2015 21:58China's Chief Stock Picker: Beijing
Wall Street Journal - 20 Aug 2015 21:58
Stock investors try to choose winners. China's government is minting them as it buys into selected companies in its effort to prop up the market.
Will it continue to be a walk in the park for Wonderla shares?
livemint.com - 20 Aug 2015 21:45
Wonderla and Adlabs may find themselves in a sweet spot due to the small 'amusement park to people' ratio in India but that isn't reflecting in their quarterly results
Oil Rises, But Expected to Fall Again
Wall Street Journal - 20 Aug 2015 21:41
U. S. oil prices rose from six-year lows, but analysts say they expect prices to continue falling on worries that the global glut of crude is growing.
KYC rules to be improved for P-notes
livemint.com - 20 Aug 2015 21:28
SIT has recommended tighter KYC norms and scrutiny of final beneficial owners of P-notes to curb money laundering using these instruments
Growth pick-up, low inflation will improve reforms appetite: Radhika Rao
livemint.com - 20 Aug 2015 21:23
The DBS Bank economist and vice-president on the potential for an RBI rate cut, impact of the devaluing of the Chinese yuan on Indian exports
June quarter corporate results: a bit of growth goes a long way
livemint.com - 20 Aug 2015 21:22
Manas Chakravarty on why India is still the investors' favourite among emerging markets despite Indian firms posting lacklustre results in the last quarter
Tumbling Twitter Reminds Investors Not To Have IPO Envy
Forbes - 20 Aug 2015 20:45
High-profile IPOs might feel like a can't-miss opportunity, but more often than not they come back down to Earth.
Thursday Sector Laggards: Technology & Communications, Services
Forbes - 20 Aug 2015 20:38
In afternoon trading on Thursday, Technology & Communications stocks are the worst performing sector, showing a 2.1% loss. Within the sector, Micron Technology Inc. (NASD: MU) and SanDisk Corp. (NASD: SNDK) are two of th...
Muni Bond Market Evils: Diversity Failure And Groupthink
Forbes - 20 Aug 2015 20:28
Research shows that diversity produces better decisions and outcomes.
Deere Watches for Thinner Harvest
Wall Street Journal - 20 Aug 2015 20:20
Deere & Co.'s stock has been remarkably buoyant in the face of an agricultural slump--but that may not last.