Market News
Crude Crash Impacts India's Efforts To Boost Self-Sufficiency: Report
IBTimes - 25 Aug 2015 07:24
Crashing oil prices will hit India's energy security efforts, and impact Indian Prime Minister Narendra Modi's roadmap for the country to reduce dependence on oil imports by 10 percent in the next few years, local newspa...
What's Missing In The China Story?
Forbes - 25 Aug 2015 23:06
Over the past month, there has been a lot of “China drama.” The volatility in the Chinese stock market, the yuan devaluation and now the Tianjin warehouse explosion have all raised China chatter to a new level of anx...
Dow Jones Industrial Average Sheds 200 Points After US Markets Soar For Much Of Trading Session
IBTimes - 25 Aug 2015 22:25
After an early-day rebound, U.S. stocks closed in the red Tuesday, with the Dow Jones Industrial Average shedding more than 200 points. Traders began the day optimistically after China cut its benchmark interest rate for...
Does An Anticipated Chinese Rally Overnight Really Help Here At Home?
Forbes - 25 Aug 2015 21:37
Chinese rally a cure-all for us at home?
Workday's Job Isn't Finished
Wall Street Journal - 25 Aug 2015 21:24
With no earnings in sight, Workday's valuation hinges on larger software companies' propensity to buy market share in cloud computing.
The Chinese cavalry rides to the rescue
livemint.com - 25 Aug 2015 21:20
Central bank reduces policy rate, banks' reserve requirements to cut funding costs and boost the economy
Macy's Mulls Options for Prized Herald Square Building
Wall Street Journal - 25 Aug 2015 21:17
Macy's is the latest major retailer to consider spinning off its real-estate assets into a separate company. But first it will have to decide what to do with its prized asset, the landmark building at New York's Herald S...
Dialing Up Dividends With AT&T, Verizon
Wall Street Journal - 25 Aug 2015 21:03
Market tumult and falling bond yields may renew investor appetite for high dividend-yield stocks. AT&T and Verizon could prove filling.
People should be cautious about bargain hunting: Mark Mobius
livemint.com - 25 Aug 2015 21:02
The bear market in global equities is not over yet, and it will take some more time for the market to find its level, says Mobius
Investors Turn to Euro in Times of Stress
Wall Street Journal - 25 Aug 2015 20:44
Just a few weeks ago, the Greek debt crisis put the future of the euro in doubt. Now, it has become a go-to currency for investors in times of stress.
LIC picked up almost 86% of Indian Oil issue
livemint.com - 25 Aug 2015 20:43
State-run insurer has been govt's go-to institution whenever investors stay away from a disinvestment
Tuesday Sector Leaders: Services, Healthcare
Forbes - 25 Aug 2015 20:42
Looking at the sectors faring best as of midday Tuesday, shares of Services companies are outperforming other sectors, up 1.8%. Within the sector, Best Buy Inc (NYSE: BBY) and Netflix Inc. (NASD: NFLX) are two large stoc...
Tuesday Sector Laggards: Utilities, Materials
Forbes - 25 Aug 2015 20:42
In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 1.4% loss. Within that group, Pepco Holdings Inc. (NYSE: POM) and Exelon Corp. (NYSE: EXC) are two of the day's laggards, showi...
Black Monday Update: See Which Stocks Were Traded The Most During China Slowdown Mayhem
IBTimes - 25 Aug 2015 20:13
After the Dow Jones Industrial Average opened by falling 1,000 points Monday as a result of the weakening Chinese economy, traders went into a frenzy. Some stocks saw trading at three times the normal rate, and the New Y...
As Market Mayhem Grips Investors, Fewer Americans Have A Stake In What Happens On Wall Street
IBTimes - 25 Aug 2015 19:59
As financial markets dip, crater and then surge once again, cable news networks are abuzz with frenzied analysis; pundits and investors alike offer up dozens of reasons for the sudden volatility; the Federal Reserve watc...
Our Revised Price Estimate of $118 For Wynn Resorts
Forbes - 25 Aug 2015 19:44
Wynn Resorts' stock has plunged over 20% so far in August. This can primarily be attributed to a combination of its earnings release, uncertainties pertaining to Macau gaming and more recently to the concerns that decele...
Abercrombie Earnings Preview: Reinvented Brands Can Take Charge After A Weak Q2
Forbes - 25 Aug 2015 19:42
Abercrombie & Fitch's shares have declined by more 60% over the past year, due to the company's consistently weak financial performance. While the retailer's aggressive portfolio transition from mostly basic-logo to most...
Western Digital Enhances Product Offerings After Weak End To Fiscal 2015
Forbes - 25 Aug 2015 19:40
Western Digital recently introduced improved hard drives for both the consumer and enterprise segments. The company unveiled the 6TB variant of the WD Black 3.5″ form factor hard disk drive for desktops and announced t...
JSPL looking to raise `15,000 crore via NCDs, securities
livemint.com - 25 Aug 2015 19:38
Jindal Steel and Power to seek shareholders nod to raise `10,000 crore through NCDs and another `5,000 crore via securities
Q2 2015 U.S. Banking Review: Outstanding Card Balances
Forbes - 25 Aug 2015 19:38
Card lenders across the country reported a notable increase in their credit card balances for the second quarter of the year, as growing optimism about the economic outlook led to continued growth in discretionary spendi...
Why Trefis Estimates More Cash Flow Growth For Coca-Cola As Compared To PepsiCo
Forbes - 25 Aug 2015 19:36
When it comes to valuing two of the largest beverage companies in the world, there is more to it than meets the eye. Both The Coca-Cola Company and PepsiCo compete in the beverage market, with portfolios spread across va...
Intel's Aggressive Push In IoT Positions It Well To Leverage Growth In The Market
Forbes - 25 Aug 2015 19:34
The annual Intel Developer Forum held in San Fransisco last week underlined Intel's increasing focus on Internet-of-Things (IoT) and wearable technology. For years, the leading PC microprocessor company has used IDF as a...