Market News
Opening Bell | Asian markets open mixed; ITC, PVR in news
livemint.com - 2 Sep 2016 04:32HPE Earnings Preview: Server Revenue Growth Likely More than Offset Soft Services Growth
Forbes - 2 Sep 2016 20:09
Hewlett-Packard Enterprise is set to announce its fiscal Q3 results on Wednesday, September 7th. (Fiscal years end with October.) We expect that revenues grew for the Enterprise Group, which includes Industry Standard an...
Here's How Google Can Benefit From Its Foray Into Ride Sharing
Forbes - 2 Sep 2016 19:41
Reports suggest that Alphabet Inc.’s subsidiary Google will now allow all its Waze app users in the San Francisco area to find fellow commuters who are headed in the same direction. This is as the company tries to esta...
Jobs Report: Cool August Soothes Markets
Wall Street Journal - 2 Sep 2016 18:04
A dull jobs number was just what this market needed to get excited.
End in Sight for U.S. Natural-Gas Glut
Wall Street Journal - 2 Sep 2016 17:59
Evidence is mounting that, after a yearslong glut, the U.S. natural-gas market may be close to finding balance.
VeriFone shares plummet nearly 20% after giving dismal guidance
CNBC - 2 Sep 2016 16:22
Shares of VeriFone Systems plunged on Friday after the company gave dismal fourth-quarter guidance.
5 Reasons To Be Worried About US Stock Markets
Forbes - 2 Sep 2016 16:11
The NYSE and NASDAQ stock markets have been on a historic bull run since 2009. The NYSE has bounced back to just under 11,000 from a low of 4,716 during the Financial Crisis. The other major indices have put in similar p...
Jobs Data Below Expectations, Could Quiet Talk of September Rate Hike
Forbes - 2 Sep 2016 15:59
There were greater expectations for Friday’s monthly jobs report, but the numbers didn’t deliver. Instead, disappointing data quickly quieted nascent talk of a possible September rate hike by the Fed.
Why Rocket Internet Investors Should Belt Up For a Wild Ride
Wall Street Journal - 2 Sep 2016 15:24
Deteriorating sentiment towards early-stage tech companies has punished the German e-commerce incubator--whatever the valuation fundamentals.
The 8 'Dogs Of The Dow' Continue To Outperform Through August, But Some Ground Has Been Lost
Forbes - 2 Sep 2016 14:43
Caterpillar leads the eight ?Dogs of the Dow? in gains for 2016, with Procter & Gamble performing the worst so far. Here's how to trade all eight now.
How Do We Expect Intel's Client Computing Revenues To Grow In The Next 5 Years?
Forbes - 2 Sep 2016 14:38
We expect Intel’s client computing segment revenues to decline by approximately $1.2 billion over the next five years. The revenue from this segment primarily includes the sales of Intel’s processors in PCs, notebook...
Viacom's New Management In A Dilemma Over Debt
Forbes - 2 Sep 2016 14:34
Moody’s and S&P have warned of a rating downgrade for Viacom as the Debt/Equity ratio of the company has reached unjustifiably high levels of 3.47. The financial position of the company has deteriorated over the past t...
Sensex, Nifty close at 17-month high
livemint.com - 2 Sep 2016 14:20
Sensex and Nifty close at 17-month high, buoyed by continuous inflows from foreign and domestic institutional investors in the local equity shares
Rocket falls after Global Fashion Group writedown hurts profits
livemint.com - 2 Sep 2016 13:33
Rocket lost €617 million in the first half, on €29 million in sales, down from €71 million a year earlier
Lululemon same-store sales fall short, sending shares lower
CNBC - 2 Sep 2016 12:38
Lululemon Athletica reported comparable sales growth that fell short of analyst estimates, sending shares down nearly 9 percent.
Hanjin's Demise: Why Global Shipping Glut Isn't Going Away
Wall Street Journal - 2 Sep 2016 12:20
A shipping company drowned at sea has kicked up a storm of worries. The gales should subside even if the industry's long-term problems don't.
Cadila shares rise as FDA inspection for its Ahmedabad SEZ tablets plant closes
livemint.com - 2 Sep 2016 09:03
Cadila said it has received an establishment inspection report for its oral solid dosage drug manufacturing plant located at special economic zone near Ahmedabad
Market rebound adds Rs25 trillion to market cap of BSE firms in last six months
livemint.com - 2 Sep 2016 07:27
The addition has been the highest such half-yearly gain since early November 2014, taking market cap to Rs110 trillion as on 30 August
Live: Sensex gains 50 points; Telecom stocks drag, Idea falls 3%
livemint.com - 2 Sep 2016 06:32Rupee trades higher at 66.83 against US dollar
livemint.com - 2 Sep 2016 05:57
The rupee opened at 66.83 per dollar and touched a high of 66.82, a level last seen on 18 August
Asian junk bond veterans flash warning signs in record rally
livemint.com - 2 Sep 2016 04:58
Unprecedented easing by central banks is prompting creditors to jump blindly into investments that have a high risk of default, global investors say