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Market News

Location American Market News for 1 November 2015
Parents: Selling Stocks In 2015 Could Kill College Financial Aid For Two Years On September 14th President Obama changed the filing format of the FAFSA college aid form from using prior year income to prior-prior year income, making the decision about whether to sell stocks at all-time highs in 201...
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Surprise! Bullishness Strengthens Again, Putting New Highs Within Reach U.S. stock market steadily moves ahead as focus shifts from risk to return
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Did Amazon Just Sound The Death Knell For Groupon Et Al Groupon dominance established to no avail?
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Bond Trading Bumps in Banks' Road to Redemption

Wall Street Journal - 2 Nov 2015 01:15
European lenders are seeing better fixed-income revenue than U.S. rivals, but that shouldn't stop their retrenchment.
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Martin Blessing, chief executive of Germany's second-biggest lender, Commerzbank, has decided to step down next October, the bank said Sunday. Blessing has been in charge since May 2008 and had been asked by the board to...
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Surge in IPOs a bonanza for private equity funds

livemint.com - 1 Nov 2015 23:36
Surge in IPOs a bonanza for private equity funds Analysis of 9 PE firms shows average annual returns generated by these funds is close to 24%, highest since 2007
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Just Dial: tough to win back investor confidence

livemint.com - 1 Nov 2015 18:48
Just Dial: tough to win back investor confidence Reported revenues of `171 crore were below consensus estimates of `181 crore
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Kotak Mahindra does well in September quarter, but stock is expensive Kotak Mahindra Bank's total advances grew 7% sequentially for the combined book on a consolidated basis with most of the growth coming from retail, small and medium enterprises
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Best mediclaim policy

livemint.com - 1 Nov 2015 18:41
Best mediclaim policy In the ratings, for family floater plans, we have considered two sum insured amounts (`10 lakh and `20 lakh) and three age categories in each--eldest insured member is 35, 45 or 65 years old
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Mobile apps key medium to book holidays, avail deals People are looking for more adventure and more destinations to fulfil their adventurous streak
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Debt fund short-term gains are taxed at marginal rates When it comes to choosing schemes, there is no single best plan and a better approach is to put together a small basket of 2-3 mutual fund schemes
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One-minute guide: Valid documents to open bank account For change of name after marriage, you can apply at the office of registrar of marriage of the state government, or publish in a gazette
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Insurers must pay claims on 3-year-old policies

livemint.com - 1 Nov 2015 18:38
Insurers must pay claims on 3-year-old policies Irdai has now made it compulsory for all life insurers to pay claims made three years after the date of the policy
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Lord & Taylor Follows A Crowd Of Competitors Into Off-Price Lord & Taylor is joining the likes of Kohl's, Macy's, Nordstrom and Saks Fifth Avenue with the launch of its own off-price format in November.
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Coffee Day to list shares on Monday

livemint.com - 1 Nov 2015 17:28
Coffee Day to list shares on Monday The company's Rs1,150-crore IPO was the biggest in nearly three years when it hit the market, but now it has been overtaken by Indigo's Rs3,018 crore IPO
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China's CICC Prices Hong Kong IPO at Top of Range

Wall Street Journal - 1 Nov 2015 12:23
China International Capital Corp. has priced its Hong Kong initial public offering at the top of its range, indicating improving investor appetite toward the end of a choppy year.
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The U.S. Federal Reserve may still be waffling on whether to raise interest rates, but one thing upon which governors are ready to act is making sure taxpayers are not again left holding the bag should the financial syst...
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Why India's Tortoise May Beat China's Hare

Forbes - 1 Nov 2015 06:47
Market sentiment is forever fickle about economic races between countries, especially where emerging markets are concerned.  Today, tremendous attention is focused on India’s strong growth prospects and their chance o...
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The Best Biotech Company to Buy Right Now

Forbes - 1 Nov 2015 03:20
Many investors are almost addicted to the dividends that drug stocks pay. It’s easy to see why: Pfizer (PFE), Johnson & Johnson (JNJ) and Merck & Co. (MRK) all pay a secure 3%, thanks to the profits they reap from thei...
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Is The U.S. Dollar Finally Breaking Out?

Forbes - 1 Nov 2015 02:18
Is The U.S. Dollar Finally Breaking Out? The U.S. dollar is attempting to break out of a major consolidation pattern that started in early-2015.
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