Market News
The Most Important People A Business Leader Can Ever Hire
Forbes - 10 Feb 2017 02:28
As a rule, business leaders like to be surrounded by senior and junior executives who tell them what they want to hear rather than voice dissenting opinions.
Global gold prices fall on Trump tax pledge, US rate hike expectations
livemint.com - 10 Feb 2017 06:37
Spot gold prices were down 0.4% at $1,225.42 per ounce by 8.56am. On Wednesday, they touched their highest since 11 November at $1,244.6
Two fund houses announce cut in expense ratios, will others follow suit?
livemint.com - 10 Feb 2017 07:05
Experts say that it is unlikely that other fund houses will start cutting expense ratios in their equity funds
Rupee hits 15-week high against US dollar in opening trade
livemint.com - 10 Feb 2017 05:48
The local currency opened at 66.83 a dollar and touched a high of 66.82, a level last seen on 10 November 2016
BSE Metal Index soars 13% post Donald Trump's win in US election
livemint.com - 10 Feb 2017 05:05Opening bell: Asia opens higher; Infosys, Tata Steel, Manappuram in news
livemint.com - 10 Feb 2017 04:31
In other news, Lupin plans to build a portfolio of specialty products for the US market through acquisitions in areas of women's health, pediatrics and neurology
Govt's plan to list Air India is a chimera
livemint.com - 10 Feb 2017 03:51
Air India has such high levels of debt that the value of its equity is most likely to be negative, or zero at best
ABB India's surge in orders may underpin high valuations
livemint.com - 10 Feb 2017 03:51
The December quarter's fresh order pool at ABB India of Rs5,628 crore was a record 173% higher than a year ago
Expedia Misses Earnings Expectations But Recent Acquisitions, Orbitz And HomeAway, Are Starting To Pay Off
Forbes - 10 Feb 2017 00:50
Expedia missed earnings expectations but its 2016 fiscal year performance was bolstered by the success of two recent acquisitions: Orbitz Worldwide and vacation rental platform HomeAway.
Trump Gets Freer Hand on Banks as Tarullo Departs
Wall Street Journal - 10 Feb 2017 23:17
The resignation of Daniel Tarullo, the Federal Reserve's de facto head of bank regulation, is another step forward for the Trump administration's plan to ease rules for Wall Street. It will also give the new administrati...
December quarter results indicate SBI limping back to normalcy
livemint.com - 10 Feb 2017 21:33Auto Market Profitability Could Drop In 2017
Forbes - 10 Feb 2017 21:11
Ford and other auto makers could see their profits drop in 2017 as a glut of used cars comes to market. The number of cars whose leases expired in 2016 increased by 33% and that figure is further expected to increase to ...
Live Streaming On YouTube To Spark Competition With Facebook
Forbes - 10 Feb 2017 20:49
Facebook started testing advertisements in videos on its platform and introduced a revenue sharing model similar to that of YouTube. From a commercial perspective Facebook is looking to broadcast more high quality videos...
Will Trump Import Inflation? Not Just Yet
Wall Street Journal - 10 Feb 2017 20:04
Investors think President Donald Trump's tough talk on trade will fan inflation. But if anything, so far, it has exerted a cooling effect on prices.
This Chart Shows An Economic Anomaly That Investors Can't Explain
Forbes - 10 Feb 2017 18:56
Nineteenth-century writer Frédéric Bastiat, in his classic "Broken Window" parable, warned that economic thinking requires us to see what isn't happening as well as what is.
Bearish Sentiment Drops Below Historical Average
Forbes - 10 Feb 2017 18:43
The percentage of individual investors describing their short-term market outlook as "neutral" is at its highest level since the election, according to the AAII Sentiment Survey. Pessimism fell, while optimism bounced ba...
How flash crash trader Navinder Singh Sarao went from genius to dupe
livemint.com - 10 Feb 2017 18:15
Navinder Singh Sarao a.k.a 'Flash Crash Trader' made big money trading futures from his bedroom--then lost it all
This 50% Dividend Grower Is Hiding In Plain Sight
Forbes - 10 Feb 2017 17:44Sears Stock Leaps On Plan To Wipe Out $1 Billion In Costs
Forbes - 10 Feb 2017 17:01
This is the struggling retailer's latest bid to stay afloat.
Reckitt-Mead Deal Needs Enriched Formula in China
Wall Street Journal - 10 Feb 2017 16:39
Possible cost savings in the proposed Reckitt Benckiser-Mead Johnson deal offer little reassurance to investors.
Visa Becomes #2 Most Shorted Dow Stock, Replacing International Business Machines
Forbes - 10 Feb 2017 16:39
In our new rank based on the most recent short interest data, Visa Inc (NYSE: V) has taken over the position of #2 most shorted Dow component, from International Business Machines Corp. (NYSE: IBM) which is now in the #3...
Wal-Mart Stores Becomes #6 Most Shorted Dow Stock, Replacing Procter & Gamble
Forbes - 10 Feb 2017 16:39
In our new rank based on the most recent short interest data, Wal-Mart Stores, Inc. (NYSE: WMT) has taken over the position of #6 most shorted Dow component, from Procter & Gamble Co. (NYSE: PG) which is now in the #7 sp...