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Market News

Location American Market News for 3 October 2016
We Wonder If It Is Time For Crude Oil Prices To Recover The commodity downturn that began in 2014 has entered into its third year of devastation. The commodity markets went into a slump in the second half of 2014 due to the oversupply of oil in the global markets, caused by t...
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Pound Will Feel Pain as Brexit Clock Ticks Faster

Wall Street Journal - 3 Oct 2016 13:50
For many markets buoyed by central banks, buying dips has proved a profitable strategy. For sterling, selling strength looks a better strategy--even if the U.K. economy continues to perform better than many feared in the...
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January-September equity sales at lowest since 2008

livemint.com - 3 Oct 2016 22:45
January-September equity sales at lowest since 2008 Money raised through share sales in the January-September period declined 57.9% to $7.2 billion, despite the buoyant IPO market
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Waddell & Reed Still Waiting For Its Money Back From F1 Kansas-based money manager Waddell & Reed has yet to get its money back from a $1.6 billion investment it made in Formula One auto racing in 2012 according to new research.
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Gas price cut: the gainers and losers

livemint.com - 3 Oct 2016 21:22
Gas price cut: the gainers and losers With another round of price cuts likely in domestic gas and the crude oil environment largely muted, the outlook for ONGC and OIL will continue to be challenging
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Will second quarter be a breakout one for Adani Ports? Helped by market share gains and addition of new ports and facilities, Adani Ports expects volumes to rise 10-15% in the current fiscal year
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Popping Trump's Stock Market Bubble Prediction Lost in the shuffle of the post-debate punditry is much consideration of Trump’s claim that the stock market is going to crash after the election.  Trump said: We're in a bubble right now. And the only thing that look...
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India fourth in manufacturing PMIs for September in Asia Several countries saw their PMI dip below the 50-mark, which indicates their manufacturing sectors contracted from the previous month
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MCX warehouse provider on Sebi radar for market manipulation Trading by a warehouse service provider in a commodity stocked in its warehouse falls in the realm of trading with inside information
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Credit quality improves in H1, sustainability key

livemint.com - 3 Oct 2016 20:56
Credit quality improves in H1, sustainability key Credit ratio rose to 1.2 times in April-September against 0.8 time in October-March, shows Crisil data
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The Street sees a rate cut coming

livemint.com - 3 Oct 2016 20:33
The Street sees a rate cut coming Sensex surges 1.3% on bets that Monetary Policy Committee will cut interest rates today; easing tensions with Pakistan, robust auto sales lift sentiment
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A New Worry for Banks and the Economy

Wall Street Journal - 3 Oct 2016 20:27
In a worrying sign for banks, commercial loan growth slowed sharply in the third quarter. The reasons are unclear.
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Samsung Electronics is likely to publish preliminary Q3 2016 earnings in early October, and investors will be closely watching the numbers to size up the impact of the Galaxy Note 7 battery fire issue on the company’s ...
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Sebi hikes FPI investment limit for govt debt

livemint.com - 3 Oct 2016 18:42
Sebi hikes FPI investment limit for govt debt The existing limit for Foreign Portfolio Investors (FPIs) is Rs1.44 lakh crore
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The 8 'Dogs Of The Dow' Continue To Crush The Performance Of The Index For the first nine months of the year, the eight designated 'Dogs of the Dow' have tripled the performance of the rest of the Dow.
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Sebi fines Piramal Enterprises for lapses on insider trade control Penalty of Rs6 lakh imposed on Piramal Enterprises, its chairman Ajay Piramal as well as his wife and daughter for lapses on insider trading control in connection with the sale of domestic healthcare business to Abbott
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SAT turns down Sebi penalty on 6 merchant bankers in CARE IPO Sebi had held that the conditional exemption granted by RBI to non-resident investors to participate in the CARE IPO was not disclosed in the prospectus
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Outdoor Retailer Bass Pro Shops Is Buying Cabela's For $5.5 Billion Hunting and fishing giant Bass Pro Shops is acquiring its outdoor gear competitor Cabela's in an all-cash deal valued at $5.5 billion, the companies said on Monday.
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Janus-Henderson: Active Managers Get Defensive Together

Wall Street Journal - 3 Oct 2016 15:21
Janus Capital Group of the U.S. isn't crisis-stricken like some former prey, but Henderson Group is still getting the better value in their $6 billion so-called merger of equals.
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Alibaba Needs to Prove It Can Reach Great Heights

Wall Street Journal - 3 Oct 2016 15:20
With shares near a post-IPO high, Alibaba has to show its non-core businesses can deliver.
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Repatriating Profits Won't Create Jobs

Forbes - 3 Oct 2016 15:04
Repatriating Profits Won't Create Jobs 'Bring trillions of dollars back to the U.S. and create jobs:' Great politics,  lousy economics.
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Why You Can't Trump The `Leave-it-Alone' Retirement Plan You can guess all you want what the markets are going to do. Here's how you can lock in some profits.
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