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Market News

Location American Market News for 1 March 2017
Gold And Silver: Opportunity Of A Lifetime? Right now there are many similarities to the market environment of the 1970s.
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Is The Dollar Breakout Still Intact?

Forbes - 1 Mar 2017 06:52
Is The Dollar Breakout Still Intact? Despite the recent pullback, the U.S. dollar's breakout remains intact.
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Was the demonetisation scare an old wives' tale?

livemint.com - 1 Mar 2017 04:29
Was the demonetisation scare an old wives' tale? The impact of demonetisation has been negligible on the Indian Economy, going by the India GDP growth rate numbers released by the CSO on Tuesday
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The enterprise cloud technology company has seen shares rise more than 50 percent over the past year.
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Trump Faces the Tyranny of High Expectations

Wall Street Journal - 1 Mar 2017 22:57
Every day stocks go up, investors are pricing in greater success for president's agenda.
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Being Stupid is so Over

Forbes - 1 Mar 2017 22:41
Being Stupid is so Over Americans have long associated business success with superior intelligence, but this understandable inference misses the role of risk-taking, which often is driven by inferior intelligence, otherwise known as stupidity.
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Wells Fargo Withholds $32 Million In Bonuses Due To Fake Account Scandal On Wednesday, America's third largest bank by assets, said it would suspend 2016 cash bonuses for eight top executives and slash stock awards granted in 2014 and that vested in 2016 by 50%.
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Market round-up | Bank credit continues to weaken in January In other news, deposit deluge from rural India; digital influence on car buying grows
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How Google Does TV

Wall Street Journal - 1 Mar 2017 21:05
Google's bet on web TV with YouTube involves a much smaller wager than AT&T's with DirecTV.
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Target's Stock Plunges After Disappointing Q4 Results Target (NYSE: TGT) posted disappointing fourth quarter results, with both revenues and EPS missing market expectations. The company earlier reported a 5% decline in sales during the holiday season (November and December)...
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Ground-breaking AI 'Robocar' revealed

CNN - 1 Mar 2017 20:44
Does this AI race car signal a new dawn for motorsport?
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Dish Network's stock has declined marginally in the week following its Q4 and full-year earnings release. Dish added 28,000 pay-TV subscribers in the quarter - though some of that may have been due to a change in the cal...
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TCS says founders Tata Sons will participate in share buyback Tata Consultancy Services (TCS), owned by Tata Sons, is planning a Rs16,000 crore share buyback
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Dow Jones crosses 21,000 for the first time, dollar at six-week high as US Fed rate hike looms Dow Jones trading past 21,000 indicates investors are getting increasingly confident about economic growth, clearing the path for higher interest rates in US
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Dallas has struggled for months to get a handle on the growing emergency in the Dallas Police and Fire Pension (DPFP) fund. The pension problem could bring Dallas to its knees by cramping its ability to borrow, recruit a...
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Fiduciary Duty Can't Be Killed

Forbes - 1 Mar 2017 16:38
Striking the fiduciary rule down could make it, in the words of Obi-Wan Kenobi, "more powerful than you can possibly imagine."
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Market Much Too Pessimistic About Cigna's Future Financial Picture Last week, our analysts parsed 378 filings and collected 56,507 data points. In total, they made 9,646 adjustments with a dollar value of $5.3 trillion. Analyst Lindsay Bohannon found a few items in Cigna's 10-K last wee...
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Trumponomics Causes Global Corporate Bonds to Collide

Wall Street Journal - 1 Mar 2017 15:49
An unusual shift is under way in U.S. and European corporate bond markets--politics on both sides of the Atlantic are the reason.
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Through a recent upgrade to its mobile app, Wal-Mart has made it more convenient for its pharmacy customers to order prescription medicines and pick them up from stores.
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Yingde: China Takeover Drama Brings Breath of Fresh Air

Wall Street Journal - 1 Mar 2017 15:37
Minority shareholders at China's largest industrial gas maker have emerged as winners from the boardroom tussle.
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China's latest manufacturing data adds to the evidence that recovering global trade is helping offset the housing-market slowdown, but Mr. Trump could spoil the party.
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Ajay Tyagi assumes office as Sebi chairman

livemint.com - 1 Mar 2017 15:33
Ajay Tyagi assumes office as Sebi chairman Ajay Tyagi, a 1984 batch IAS officer of the Himachal Pradesh cadre, has handled capital markets division in the finance ministry
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