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Market News

Location American Market News for 1 September 2016
Recently, LinkedIn announced that it is expanding LinkedIn Pro Finder — its marketplace which connects businesses and freelancers nationwide in the U.S. The company began piloting this platform in October last year and...
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Tata Motors' India Business Is Heading In A Positive Direction Only ~10% of Tata Motors‘ valuation comes from the standalone business, as per our estimate. At the helm of Tata’s problems in India remained lower-than-expected sales in the passenger vehicle and light commercial ve...
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DYK? You must inform bank if you continue your salary account with a new employer Update the bank with the new employer's information as lenders convert the account into a savings account if no salary is received by the registered employer for three months in a row
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Govt capital expenditure falls in first four months of current fiscal year The central government's capital expenditure went down by 17.1% over April-July 2016, compared to the same period a year ago
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To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track...
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How Sina Can Do More to Unlock Weibo Value

Wall Street Journal - 1 Sep 2016 13:48
Chinese internet portal Sina is passing out shares in popular Twitter-like service Weibo as a way to boost its own stock price. It can afford to do more.
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Its net loss narrowed to $38.1 million, or 30 cents per share, in the second quarter from $50.2 million, or 42 cents per share, a year earlier.
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Has U.K. Gone From Brexit Gloom to Boom?

Wall Street Journal - 1 Sep 2016 16:14
The Bank of England faces another Brexit surprise: good economic news.
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Half of residential demand in `25-70 lakh category: report Nearly 27% of the total demand falls within the `40-70 lakh range, followed by 19% in the `25-40 lakh range
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China Can't Break Free From the Almighty Dollar

Wall Street Journal - 1 Sep 2016 15:03
Trading of the yuan has increased from three years ago, but it is almost exclusively with the U.S. dollar.
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Campbell Soup posted a slight fall in quarterly sales and called the performance of its fresh and organic foods "disappointing."
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Chip-Card Snafu Just the Beginning of VeriFone's Troubles

Wall Street Journal - 1 Sep 2016 23:53
A big discount for VeriFone's shares is warranted until the payment-terminal company deals with its issues.
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Sebi may relax norms for firms eager to list on national bourses Firms migrating from defunct bourses may be allowed to raise capital via private stake sales and trade on BSE, NSE
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Equity Allocations Rise To 13-Month High

Forbes - 1 Sep 2016 22:19
According to the August AAII Asset Allocation Survey, stock allocations rose to 66.6%, the largest allocation to equities since July 2015.
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Salesforce.com: The Art of the Deal

Wall Street Journal - 1 Sep 2016 22:11
Signs of slowdown are putting a cloud over software maker Salesforce.com's pristine valuation.
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Reliance Jio entry will actually benefit Airtel, Idea: Suresh Mahadevan The managing director and head of Asian telecom and media research at UBS on how the entry of Reliance Jio Infocomm will expand the telecom market
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Jobs Report: The Fed's Final Hurdle

Wall Street Journal - 1 Sep 2016 20:42
A strong jobs report might be too tough for the Federal Reserve to ignore as it weighs when to raise interest rates.
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British Columbia buys HDFC's Rs500 crore masala bond HDFC's first masala bonds issue in July had helped the corporation raise Rs3,000 crore through these rupee denominated bonds
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Back in 2003, EMC Corporation acquired virtualization software company VMware for $625 million, while VMware is currently valued at around $32 billion. ((EMC Completes Acquisition of VMware, EMC Press Release, January 20...
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3 Clear Signs The US Stock Market Is Doomed The Dow Jones Industrial Average has been going sideways ever since the Commerce Department reported that retail sales in July came to a grinding halt (0.0%).
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Reliance Jio sets the cat among the pigeons

livemint.com - 1 Sep 2016 18:25
Reliance Jio sets the cat among the pigeons The fact that Reliance Jio is offering free unlimited calls right from its Rs149 plan means Airtel and Idea's voice revenues will come under pressure as well
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L&T Technology Services Rs900 crore IPO to open on 12 September The L&T Technology Services IPO would account for about 10.2% of the company's post-offer paid up capital; the price band for the offer is expected to be Rs850-860 per share
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