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Market News

Location American Market News for 13 December 2016
Did you know: how to obtain a true or certified copy of property title deed If you lose the original, lodge a First Information Report (FIR) at your local police station about the missing document
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Muslims may bequeath a third of the property by Will

livemint.com - 13 Dec 2016 12:09
Muslims may bequeath a third of the property by Will It is pertinent to note that in the case of Sunni Muslims, while a bequest to a stranger (i.e., a person who is not an heir) to the extent of one- third is permissible, any bequest to an heir is not valid unless the othe...
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19.71: Number of ATMs per 100,000 adults

livemint.com - 13 Dec 2016 12:04
19.71: Number of ATMs per 100,000 adults This number stood at 8.85 at the end of 2011 and at 17.80 at the end of 2014
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Mint classroom: How to transfer money using NEFT

livemint.com - 13 Dec 2016 12:05
Mint classroom: How to transfer money using NEFT If you want to send money to a friend or buy forex for a vacation, your credit or debit card will be of little use. If you don't have cash at hand, you could write a cheque but that would take time to clear
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You can use Air Sewa to complain

livemint.com - 13 Dec 2016 13:45
You can use Air Sewa to complain You can now send your grievances to the civil aviation ministry through the website and app of Air Sewa
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Asahi's European Beer Binge Leaves Bitter Taste

Wall Street Journal - 13 Dec 2016 16:16
Asahi's $7.8 billion purchase of Eastern European beer brands looks to be at a high price.
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Swan Energy shares rise 20% on the back of higher volumes Swan Energy Ltd shares surged over 235% in past two and a half months on the back of higher volumes
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Japan Looms As The New Battleground For Philip Morris, Sparking Innovation Many tobacco companies have come to acknowledge the growing importance of having reduced-risk products in their portfolio to attain long-term success. In this regard, Philip Morris International launched its heat-not-bur...
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The value of conviction in creating a portfolio

livemint.com - 13 Dec 2016 12:00
The value of conviction in creating a portfolio Building a stock portfolio requires skills, science and conviction. Conviction in a stock is what leads a portfolio manager to give it more weightage than other stocks. Here is how fund managers do it
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US Fed meeting today: FIIs wait and watch, factor in 25bps rate hike Foreign investors have already sold $2.6 billion of shares in December so far
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Rising crude oil prices to dampen corporate balance sheets Spike in oil prices is likely to hurt India as it imports around 80% of its crude oil requirements
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Expert speak: Demonetisation and property rates

livemint.com - 13 Dec 2016 12:05
Expert speak: Demonetisation and property rates Property prices are often under-reported to save on stamp duty and capital gains tax, and the part above the circle rate is paid in cash
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Don Schreiber: Regarding President-elect Trump and his policies, we think it's pretty much a whole new ballgame. We have been kind of stuck in a growth environment that is extremely subpar, with the worst recovery from a...
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Did VeriFone Hit Bottom in 2016​?​

Wall Street Journal - 13 Dec 2016 18:46
Credit-card reader VeriFone was slammed by delays in chip readers and Chinese competition. The worst may be over. ​
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Gold prices fall on subdued demand, US Federal Reserve interest rate hike hopes Gold prices declined Rs 100 to hit Rs28,450 per 10 grams on Tuesday--hit by a subdued trend globally and falling domestic demand due to the cash crunch
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Gold prices stay steady ahead of US Federal Reserve meeting Spot gold prices were steady at $1,162.40 an ounce by 8.12am, after climbing 0.4% on Monday. US gold futures were down 0.1% at $1,165.
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Top Buys by Directors: Zelter's $111.6K Bet on AINV The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
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XOM Crosses Above Average Analyst Target

Forbes - 13 Dec 2016 16:07
In recent trading, shares of Exxon Mobil Corp (NYSE: XOM) have crossed above the average analyst 12-month target price of $90.54, changing hands for $90.98/share. When a stock reaches the target an analyst has set, the a...
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Crude oil prices dip, but Abu Dhabi supply cut curbs losses International Brent crude futures traded at $55.65 per barrel at 12.18 pm--down 4 cents from its last close
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Sensex little changed ahead of Fed's meeting, Fortis Healthcare shares up 3% BSE Sensex is currently trading higher by 76 points, or 0.29%, to 26,591, while the Nifty 50 of the NSE rises 13 points, or 0.16%, to 8,184
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Vedanta: Crude oil joins rallying commodities in its basket The increase in crude oil prices sets the stage for better profitability for Vedanta, assuming the upward trend sustains
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Rupee weakens against US dollar in early trade

livemint.com - 13 Dec 2016 05:54
Rupee weakens against US dollar in early trade At 9.15am, the rupee was trading at 67.48 per US dollar--down 0.08% from its Friday's close of 67.42
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