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Market News

Location American Market News for 22 February 2017

Garmin Maps a Solid Path in Wearable Tech

Wall Street Journal - 22 Feb 2017 20:47
Garmin's GPS-enabled wearable devices find valuable niche while larger rivals stumble.
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Banks and fintech companies find common ground

livemint.com - 22 Feb 2017 12:57
Banks and fintech companies find common ground Instead of competing for customers, banks and fintech companies are collaborating to offer efficient and cost-effective services
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World's tiniest stock exchange hungers for forbidden foreigners Yangon Stock Exchange is home to just four companies. None of them has raised new capital, and trading is dominated by small investors, many of whom buy stock for less than $15
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Irrational exuberance in RIL stock

livemint.com - 22 Feb 2017 23:59
Irrational exuberance in RIL stock While Reliance Jio deciding to charge customers was definitely a factor, some analysts believe rumours of a strategic investor and Jio listing have boosted RIL shares
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Ahmedabad's Four Seasons Residency files for IPO

livemint.com - 22 Feb 2017 23:48
Ahmedabad's Four Seasons Residency files for IPO Ahmedabad's Four Seasons Residency will issue 10 million equity shares at a face value of Rs10 each that will constitute 38.89% of its equity share capital
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Beware the Fed's Warnings on Rates

Wall Street Journal - 22 Feb 2017 23:36
The Federal Reserve signals it could lift rates as soon as March, but investors don't believe it.
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Market round-up | New capacities may add to private power firms' stress In other news, scrapping old vehicles can boost sales by 65%, Philippines data cost among cheapest in Asia
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Netflix's stock has performed well in the markets in recent months, particularly following its earnings announcement in January. One of the primary reasons for this was growth in international markets.
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First Solar Beats Expectations, Prepares For A Transitional 2017 First Solar , the largest U.S. solar manufacturer, posted a smaller than expected adjusted net loss for Q4 2016, while beating revenue estimates.
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Dow 20K... Now What?

Forbes - 22 Feb 2017 19:41
Dow 20K... Now What? Eric Irvin, CEO of Reality Shares, offers guidance on how investors can potentially optimize and protect their portfolios now that the Dow has surpassed 20000. After an eight-year bull market, investors must avoid compla...
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Bharat Electronics' offer-for-sale subscribed 2.34 times by institutional buyers Institutions bid for over 2.09 crore shares of Bharat Electronics Ltd, against the 89.34 lakh set apart for them
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3D printing, aka additive manufacturing, has failed to make the leap from heavy industrial to consumer applications. What will happen to the industry's fallen angels, and will M&A ever come back?
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6,000 Indian millionaires moved abroad in 2016: New World Wealth report New World Wealth report says around 6,000 millionaires moved to foreign countries in 2016, up from 4,000 such individuals that did so in 2015
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Trip Miller: We are value investors at Gullane Capital Partners. I follow Warren Buffett's approach to investing, and started my partnership in 2002. We very much focus on what Mr. Buffett did with his original Buffett P...
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Shares of Papa John's tumbled nearly 7 percent after the company posted weaker-than-expected same-store sales.
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Serco Group Dives After Full-Year Revenues Slide Outsourcing colossus Serco slides as sales take a tumble in 2016. What next?
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End of the euro? French presidential candidate plots return of the franc Marine Le Pen She, National Front's presidential candidate, wants France to take control of its money, subject to a referendum that would lead France out of the European Union and its shared currency
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Carl Icahn's Next Target: Bristol-Myers Squibb Activist investor Carl Icahn just announced his latest target: Bristol-Myers Squibb Co ($BMY). Bristol-Myers Squibb has been the focus of several activist investors in recent months and on Tuesday the company shook up it...
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Confident Snap brushes off concerns on second day of IPO roadshow CEO Evan Spiegel brushed aside concerns of slowing user growth and stressed Snap's potential to change 'the way people live and communicate'
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The Inevitable Turn in World's Most Important Property Market

Wall Street Journal - 22 Feb 2017 15:02
China's housing prices are weakening once again. While the bubble may not be getting bigger, the problems haven't gone away.
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How Lowe's Can Use Robots To Increase Human-To-Human Face Time Lowe's recently announced layoffs as a part of an effort to "overhaul its staffing model," the ultimate goal being an increase in "face time with customers." Given Lowe's recent investments in robot tech, the idea of inc...
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Lloyds Bank's Escape From Crisis Era Pays Broad Dividends

Wall Street Journal - 22 Feb 2017 14:48
The U.K.'s market-leading lender has little room to grow its business, but that won't hold back payouts.
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