Market News
PepsiCo's Snacks More Crucial To Overall Growth
Forbes - 31 Aug 2015 19:56
Revenues for one of the world?s largest food and beverage conglomerates might be split half between drinks and snacks, but the latter is shouldering more responsibility than it is typically assumed. The foods business, c...
Where Is Copper Headed Next?
Forbes - 31 Aug 2015 04:59
An analysis of copper's charts to determine its next short-term move.
Meet the Private Watchdogs Policing Finance
Wall Street Journal - 31 Aug 2015 03:54
The use of outside monitors to police financial institutions that have misbehaved has exploded in recent years, sometimes generating friction.
Crude Oil Prices Soar 27% In Biggest 3-Day Rally Since 1990
IBTimes - 31 Aug 2015 23:45
U.S. crude oil prices rallied for a third straight day Monday, soaring more than 27 percent in the last three trading sessions to record their biggest three-day rally since 1990. Oil rose above $49 a barrel after data sh...
Argentina Creditors Can't Seize Assets of Central Bank, Court Rules
Wall Street Journal - 31 Aug 2015 23:26
Argentina's creditors can't seize the assets of its central bank, a U.S. court ruled, reversing an earlier ruling that would have opened the nation's reserves to hedge funds looking to collect debt stemming from a 2001 d...
FTIL signs software agreement with IEX
livemint.com - 31 Aug 2015 21:32
The agreement is for a perpetual licence for a one-time fee of `108 crore
Godrej buys Astec to diversify portfolio
livemint.com - 31 Aug 2015 21:20
The open offer values Astec at 30 times the 2014-15 earnings per share and appears reasonable
Used-Car Wave May Weigh on Detroit
Wall Street Journal - 31 Aug 2015 21:09
Ahead of the Tape: A record number of leased vehicles may soon weigh on new-car sales growth.
Oil Rallies Into Bull Market Territory
Wall Street Journal - 31 Aug 2015 20:59
U.S. oil prices jumped 8.8% Monday amid speculation that oil-producing nations might be willing to agree to output cuts to shrink the global glut of crude oil.
Crackdown on Racial Bias Could Boost Some Auto-Loan Costs
Wall Street Journal - 31 Aug 2015 20:50
A federal regulator's campaign to fight bias against minorities is changing the way many car loans are priced. Those efforts could mean some consumers will pay more.
Monday Sector Leaders: Energy, Materials
Forbes - 31 Aug 2015 20:50
Looking at the sectors faring best as of midday Monday, shares of Energy companies are outperforming other sectors, higher by 1.2%. Within that group, Newfield Exploration Co. (NYSE: NFX) and Chesapeake Energy Corp. (NYS...
Monday Sector Laggards: Utilities, Healthcare
Forbes - 31 Aug 2015 20:48
Looking at the sectors faring worst as of midday Monday, shares of Utilities companies are underperforming other sectors, showing a 1.7% loss. Within the sector, NextEra Energy Inc (NYSE: NEE) and Sempra Energy (NYSE: SR...
Central govt works fiscal growth levers
livemint.com - 31 Aug 2015 20:31
Fiscal data for the April-July period shows a sharp increase in expenditure compared with the same period last year
J.M. Smucker EPS Expectations Down Over Past Month
Forbes - 31 Aug 2015 20:00
Over the past three months, the consensus estimate has sagged from $1.25. For the fiscal year, analysts are expecting earnings of $5.75 per share. A year after being $1.37 billion, analysts expect revenue to fall 1% year...
Can The New GPU Lineup Help AMD Regain Its Share In Discrete GPUs?
Forbes - 31 Aug 2015 19:59
AMD?s stock has lost approximately 40% of its value in the last six months as the company has seen a steep decline in its top line in the last few quarters. In addition to being the worst hit by the sluggish PC demand th...
Harley-Davidson: Where Will Growth Come From?
Forbes - 31 Aug 2015 19:57
Harley-Davidson had a rough last year in the domestic market. Worldwide retail sales fell 1.4% year-over-year through the first half of the year, which was, as expected, impacted by the 2.5% fall in international markets...
Q2 2015 U.S. Banking Review: Loan Portfolios
Forbes - 31 Aug 2015 19:54
The U.S. banking industry continues to benefit from increased lending activity over Q2 2015, with data compiled by the Federal Reserve showing that the total loan portfolio for all commercial banks swelled at an annualiz...
Two Things Ford Is Doing To Tackle The China Slowdown
Forbes - 31 Aug 2015 19:52
The company addressed its production constraints by adding two new plants in the region and sales started to pick up again. But since then the Chinese economy seems to have hit a roadblock, jeopardizing the company?s fut...
Sprint's Offer To DirecTV Customers Is Bold, But Will It Work?
Forbes - 31 Aug 2015 19:51
The move is a direct attack on AT&T, which recently closed its $49 billion acquisition of the satellite TV provider, and is presently offering discounts to customers if they bundle their TV services with AT&T?s telecom s...
OPEC's Sinking Oil Prices: Russia's Putin And Venezuela's Maduro To Discuss 'Possible Next Steps'
IBTimes - 31 Aug 2015 19:09
Russian President Vladimir Putin and his Venezuelan counterpart, Nicolas Maduro, were set to discuss solutions for stabilizing the price of oil in meetings to take place in China Wednesday and Thursday, a Kremlin aide to...
Govt bonds over-subscribed; FIIs put in bids worth `987 crore
livemint.com - 31 Aug 2015 18:35
Total investments, including limits acquired by foreign investors through auction route, stood at `1,23,876 crore till 6 August, which is 99.5% of total permitted investment limit in govt securities
ECB Shouldn't Ease to Appease Markets
Wall Street Journal - 31 Aug 2015 18:06
Markets can be far too keen to call for central-bank help. The ECB shouldn't bend too easily.