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Market News

Location American Market News for 3 June 2016

The frontline stocks the street is betting on

livemint.com - 3 Jun 2016 05:16
The frontline stocks the street is betting on HDFC Bank, Tata Motors, Infosys, ITC, HDFC got the maximum number of 'buy' or 'outperform' ratings from brokerages
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Fed readings on overall financial conditions and household debt in particular argue that negative investor sentiment might be misplaced,
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Is Value Dead?

Forbes - 3 Jun 2016 21:23
Is Value Dead? The value premium has been absent without leave for several years. Over the longer term, value has been a huge driver of investment returns. The total return of a large company value strategy exceeded the broader large c...
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After the success of its ‘All Day Breakfast’ initiative, McDonald’s is looking at several other innovations to improve its food quality and promptness in service. The company is conducting a test with burgers made ...
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As Koch brothers cling to Madoff cash

livemint.com - 3 Jun 2016 18:50
As Koch brothers cling to Madoff cash Koch Industries invested an unknown sum with the Bernard Madoff's securities firm years ago, and walked away with $21.5 million in profits before his arrest
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Jobs Report Sends Bank Stocks Back to Square One

Wall Street Journal - 3 Jun 2016 18:38
The weak unemployment numbers are bad news for bank shares in more ways than one.
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A Jobs Jolt for the Fed

Wall Street Journal - 3 Jun 2016 18:36
A poor employment report has sent the odds of the Federal Reserve raising rates this summer spiraling down.
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Investors Snag FRC Even Cheaper Than Its Secondary Stock Offering Looking back to 2 days ago, First Republic Bank (NYSE: FRC) priced a 2,500,000 share secondary stock offering at $71.20 per share. Buyers in that offering made a considerable investment into the company, expecting that t...
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Ex-Dividend Reminder: Lancaster Colony, Flowers Foods and PulteGroup Looking at the universe of stocks we cover at Dividend Channel, on 6/7/16, Lancaster Colony Corp. (NASD: LANC), Flowers Foods, Inc. (NYSE: FLO), and PulteGroup Inc (NYSE: PHM) will all trade ex-dividend for their respect...
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Central Banks: Bigger for Longer Too

Wall Street Journal - 3 Jun 2016 15:57
Size matters in monetary policy. The ECB's balance sheet is once again close to a record.
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Yesterday, Exelon announced that it was going to begin taking action to close the Clinton and Quad-Cities nuclear power stations. According to the company, those stations have lost $800 million during the past seven year...
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Traditional real-estate brokers are under threat in the U.K. from the combination of listings websites and low-cost online start-ups.
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Why Salesforce Is Still A Buy

Forbes - 3 Jun 2016 15:28
Why Salesforce Is Still A Buy On June 1 Salesforce.com announced its intent to acquire Burlington, Mass.-based ecommerce platform service provider, Demandware  -- but will its acquisition strategy be enough for the Software as a Service (SaaS) pio...
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LinkedIn is increasing its focus on its second largest market after the U.S. – India, where the company has 35 million users, nearly 10% of its total user base of around 400 million. The market holds huge growth potent...
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Can India Surpass China's Crude Oil Demand Growth? Over the last decade, China has been the most important driver of commodity markets, particularly crude oil, due to its exponentially growing economy. However, over the last year, the country has consciously moved away f...
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Gold hits over 3-month low on global cues

livemint.com - 3 Jun 2016 13:35
Gold hits over 3-month low on global cues Gold of 99.9 and 99.5% purity slipped by Rs145 each to Rs28,720 and Rs28,570 per ten grams, respectively
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Noble Group Raises Cash But Hopes Still Dashed

Wall Street Journal - 3 Jun 2016 12:49
Noble's founder Richard Elman is leaving the scene and only partly participating in the company's cash call.
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Citigroup CEO Mike Corbat indicated that the company's second-quarter net income will be roughly 25 percent lower than the same period a year earlier.
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BSE to auction investment limits for Rs 4,046-crore government bonds The auction will be conducted on BSE's e-bidxchange platform from 3:30PM to 5:30PM, after the close of market hours
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Small finance banks: The new market darlings

livemint.com - 3 Jun 2016 10:35
Small finance banks: The new market darlings Strong growth in microfinance sector in the past year has fuelled a rally in shares of Ujjivan Financial Services and Equitas Holdings
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Shipbuilding companies' shares hit upper circuit

livemint.com - 3 Jun 2016 08:33
Shipbuilding companies' shares hit upper circuit Bharti Defence touched a high of Rs27.05 apiece, while ABG Shipyard touched a high of Rs26.25 a share
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Sensex trades 160 points higher on firm global cues

livemint.com - 3 Jun 2016 07:11
Sensex trades 160 points higher on firm global cues All sectoral indices led by metal, banking, auto, PSU and realty were trading in the green rising up to 1.17%
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