Market News
Samsung's Latest Crack at Windows
Wall Street Journal - 27 Feb 2017 21:42
Tablet sales have been falling, but Surface has proved demand for business-focused devices.
Priceline Sales Soar 17% On Surge In Hotel Reservations
Forbes - 27 Feb 2017 23:29
The online travel company beat estimates on its top and bottom line during the fourth quarter.
Two Retailers, One Big Worry
Wall Street Journal - 27 Feb 2017 22:45
Target and Best Buy are moving in opposite directions, but they both have reason to fear a border tax.
As Economy Normalizes, Politics Holds Less Sway
Forbes - 27 Feb 2017 22:22
Commonwealth's Brad McMillan explains why politics seems to be playing less of a role in the economy and stock market.
The New Normal for Drug Makers
Wall Street Journal - 27 Feb 2017 21:17
There were fewer double-digit price increases during the annual beginning-of-the-year price hikes as the pharmaceutical industry fights a wave of bad publicity.
Sebi hires external adviser to find gaps in algo trade systems
livemint.com - 27 Feb 2017 20:54
Sebi has appointed the external expert for recommending new norms for high-frequency trading, or HFT, after floating a discussion paper in August 2016
Gap Inc. Earnings Takeaways: Old Navy Drives Growth
Forbes - 27 Feb 2017 20:46
Gap Inc. reported its fourth quarter and fiscal year 2016 results on February 23, 2017, wherein the company reported a comparable sales increase of 2%.
Radio City owner Music Broadcast's IPO to be offered at Rs324-333 price band
livemint.com - 27 Feb 2017 20:40
Radio City operator Music Broadcast plans to raise up to Rs400 crore in primary capital in the initial public offering (IPO) slated for 6 -8 March
Facebook Looks To Get The Ball Rolling On WhatsApp Monetization In India
Forbes - 27 Feb 2017 20:33
After appointing a COO for WhatsApp, Facebook is now working rapidly towards monetization of the platform. Reports suggest that the company is working on "WhatsApp For Business," a version of the app aimed at small enter...
Goldman Says To Sell Tesla, Gorden Lam Will Be Buying On The Pullbacks
Forbes - 27 Feb 2017 19:40
Last week Tesla made a new high surpassing its previous 52 week high of $280. Today, it is trading off nearly 5% after Goldman Sachs downgraded it to a sell. Gorden Lam says he is buying on the pullbacks.
Donald Trump's address to Congress risks trillions of dollars
livemint.com - 27 Feb 2017 18:51
For investors relying on campaign promises of a pro-growth agenda to push US stocks to record highs, Donald Trump's speech to Congress couldn't come any sooner
Global Exchanges Merger Game Gets a Restart---Again
Wall Street Journal - 27 Feb 2017 18:18
The Deutsche Börse and London Stock Exchange tie-up looks set to fail. That opens the door for NYSE-owner InterContinental Exchanges.
Shares of auction house Sotheby's soar on earnings beat
CNBC - 27 Feb 2017 17:48
Shares of Sotheby's climbed more than 11 percent to reach a 52-week intraday high Monday.
Sebi working on new norms to curb misuse of social media, says U. K. Sinha
livemint.com - 27 Feb 2017 17:40
Sebi is planning a new set of regulations to check misuse of social media for 'misguiding investors' with false promises of high returns, says Sinha
Markets Appear In Waiting Mode Ahead Of Trump, Yellen Speeches
Forbes - 27 Feb 2017 17:09
Keep an eye on the VIX. It's been barely budging in recent sessions and the Fed may be worried about that.
Investing In A Time Of Political Uncertainty
Forbes - 27 Feb 2017 17:09
After the election and through the beginning of 2017, markets have rallied on the likely impact of corporate and personal income tax cuts, infrastructure spending, and deregulation. This market enthusiasm may be overly o...
Advanced Micro Devices' 2016 Loss Less Than Reported
Forbes - 27 Feb 2017 16:42
Yesterday, analysts parsed 92 filings and collected 13,987 data points. In total, they made 2,451 adjustments with a dollar value of $1.6 trillion. Analyst Hunter Gray found an unusual item in Advanced Micro Devices' (AM...
Tesla slumps in pre-market trading as Goldman downgrades stock
livemint.com - 27 Feb 2017 16:30
Goldman analyst David Tamberrino downgraded the Tesla stock to sell from neutral and trimmed his six-month price target to $185 from $190
How To Trade Cisco, Merck And 2 Other Stocks That Helped The Dow Hit New Highs
Forbes - 27 Feb 2017 16:00
These four stocks aided in propelling the Dow to a series of new highs.
Here's Why Ford Is Investing In Argo AI
Forbes - 27 Feb 2017 15:33
Recently, Ford Motors announced that it will invest $ 1 billion over the next five years in Argo AI (a start-up founded by former Google and Uber leaders) which has expertise in robotics and artificial intelligence softw...
Predicting Trouble
Forbes - 27 Feb 2017 15:18
As Groundhog Day gives way to March Madness, predictions are in the air. Being wrong is an understood part of the predicting game, except in one place: financial forecasting. In this arena, companies are judged by how th...
How To Ace Public Service Loan Forgiveness
Forbes - 27 Feb 2017 15:02
Public Service Loan Forgiveness can save you thousands of dollars on your student loans. Do you qualify?