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Market News

Location American Market News for 10 October 2016

Bond Markets: The Uneven Playing Field Facing Investors

Wall Street Journal - 10 Oct 2016 15:49
Bond returns have faded from their peaks. Government borrowers have the upper hand.
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How Banks Will Struggle With Finance's Long, Slow Decline

Wall Street Journal - 10 Oct 2016 14:08
Fines and capital-rule changes should soon be wrapped up, but that is just half the battle.
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Russia, Saudi Oilfield Mismanagement Will Bring Back $100 Oil Today, Russian President Vladimir Putin pledged to cooperate with Saudi Arabia's proposal to reduce oil production in an effort to boost oil prices. Bruce Pile says that Russia and Saudi Arabia may not have as much contr...
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Apple Hits New 2016 High While Note 7 Disaster Rolls On As Samsung falls, Apple looks to pick up customers frustrated by the Note 7 recall.
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Alcoa's Split Won't Wrap Up Problems

Wall Street Journal - 10 Oct 2016 21:26
Alcoa's third-quarter earnings report Tuesday will be its last as a single company.
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Sebi allows 2,000 firms on bourses' dissemination boards to raise capital Sebi has also announced norms to provide exits to the shareholders of companies on the dissemination boards of stock exchanges
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Mummy Crowdfunder Leaves Archaeologists Fuming A crowdfunding campaign highlights the international laws and ethics surrounding possession of human remains.
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Why are Indians losing their love of gold?

livemint.com - 10 Oct 2016 21:17
Why are Indians losing their love of gold? Gold purchases by Indians halved in the first and second quarters of 2016 against a backdrop of policy changes and higher prices.
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Twitter Vs. CBS: Alternatives For Thursday Night Football Advertisers Twitter has successfully live streamed the first four Thursday Night Football games to date as part of its $10 million deal with the National Football League to stream all ten TNF games this season. The response from fan...
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Who regulated spot exchanges, Gujarat High Court asks RBI Gujarat HC seeks explanation from RBI on granting a settlement and clearing licence to National Spot Exchange; RBI says it was the job of Forward Markets Commission
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Cheaper Chinese yuan gives imports an edge

livemint.com - 10 Oct 2016 20:20
Cheaper Chinese yuan gives imports an edge The government's measures to stem the flow of imports, especially in steel and non-ferrous metals, may have made domestic companies more confident
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Earnings Season Begins: Will The S&P 500's Losing Streak End This Quarter? As the third-quarter earnings season unofficially kicks off with results from aluminum powerhouse Alcoa on the docket before the session begins Tuesday, many analysts are projecting that this may be the fifth straight q...
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Tier 1 capital ratio of Indian banks among the lowest How India compares with other countries as far as bank capital adequacy is concerned
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An Extended Trial for Bristol-MyersSquibb

Wall Street Journal - 10 Oct 2016 19:57
Bristol-Myers Squibb's disappointing clinical trial results may continue to weigh on the stock.
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Pfizer Inc. (NYSE: PFE) recently announced that it has entered into definitive agreement with ICU Medical (NASDAQ: ICUI) to sell its infusion systems business, which it had received via the acquisition of Hospira last ye...
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Billionaire Carl Icahn Closes The Trump Taj Mahal Casino After Union Standoff Billionaire Carl Icahn is closing the Trump Taj Mahal Casino Resorts in Atlantic City, N.J. after deciding to cut his losses in the money losing casino after failing to reach a labor deal with its thousands of unionized ...
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The World Looks Brighter for U.S. Companies

Wall Street Journal - 10 Oct 2016 17:43
The global economy looks as if it is in for another year of weak growth, but the sales that U.S. companies draw from abroad could get a lot better.
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Russia ready to join OPEC effort to limit oil supply, says Putin Putin said he hoped OPEC would agree in November on limits to its crude production and that Russia was ready to back such a decision
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Mission impossible for Lewis Hamilton?

CNN - 10 Oct 2016 16:23
Did Lewis Hamilton press the self-destruct button in Suzuka?
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Oil approaches one-year high as speculators buy into output cut deal Global benchmark Brent crude futures reached a high of $52.57 a barrel, not far off a one-year high of $52.86 a barrel, up 64 cents on Friday's close
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Twitter's shares slump on report that bids are unlikely Salesforce.com Inc, Alphabet Inc's Google and Walt Disney Co, which had worked with banks on a potential Twitter acquisition, are unlikely to proceed, said a Bloomberg report
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P-Notes investment hits five-month high in August

livemint.com - 10 Oct 2016 15:03
P-Notes investment hits five-month high in August The total value of P-Notes investment in Indian markets increased to `2,16,232 crore in August, from `2,12,179 crore in July, according to Sebi data
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