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Market News

Location American Market News for 3 March 2017

Caterpillar Raid Is a Wake Up Call

Wall Street Journal - 3 Mar 2017 21:22
An escalating legal situation has emerged as a fresh risk for Caterpillar shareholders. That should be an occasion to reconsider some more routine business worries.
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Will the Switch Turn on Nvidia?

Wall Street Journal - 3 Mar 2017 14:19
The chip maker's gaming business has surged, but could be too leveraged to Nintendo's risky new console.
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10 Million Self-Driving Cars Will Hit The Road By 2020 -- Here's How To Profit Given the advanced state of driverless technologies and the amount of money being poured into the sector, there is little question--make that, no question at all--that within 10 years, driverless cars will be the norm.
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Macau Casinos Face Impending Shuffling of Decks

Wall Street Journal - 3 Mar 2017 06:03
Casino operators in the world's biggest gambling hub will have to renew their concessions in the next few years.
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Investors Still Not Reading a Hawkish Fed's Lips

Wall Street Journal - 3 Mar 2017 23:32
Janet Yellen's speech Friday makes a March interest-rate hike even more likely, but investors don't recognize how aggressive the Fed may be in the rest of 2017.
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For Wall Street, India Is The Best Country In Asia India is better than China, Japan, Korea, Thailand... Should we go on?
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NBR still generated an operating loss last year, as did a large number of companies in the oil and gas industry. However, removing the impact of this hidden write-down reveals that the company is significantly closer to ...
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6 Pivotal U.S. Labor And Trade Concerns Investors Should Be Watching In 2017 Confidence about improvements from changing policies in Washington has surged. While there are reasons for optimism, public enthusiasm does not always lead to economic success. Here are six things to watch in the months ...
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Yesterday, our analysts parsed 125 filings and collected 17,650 data points. In total, they made 2,921 adjustments with a dollar value of $599 billion. In particular, analyst Allen L. Jackson found an unusual item yester...
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Key Takeaways From Costco's Q2 Earnings

Forbes - 3 Mar 2017 20:46
Key Takeaways From Costco's Q2 Earnings Costco reported relatively disappointing fiscal second quarter results on Thursday, March 2, as both its revenues and earnings missed consensus estimates.
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AT&T -- Time Warner Deal Looking Increasingly Likely To Be Approved The odds of AT&T's proposed $85 billion merger with Time Warner going through appear to be increasingly favorable, with the new FCC Chairman Ajit Pai indicating this week that the regulator does not expect to review the ...
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They're following the lead of Estee Lauder, L'Oreal and other global players. Japanese cosmetics makers will increasingly seek international targets that have a solid millennial customer base in order to compete with glo...
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Eros International seeks dollar debt as maturities loom Eros travelled to Hong Kong, London and Singapore for the fundraising as it has to repay $126.1 million within a year out of $293.6 million of borrowings at the end of 2016
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HDFC declares interim dividend of Rs 3 per share for fiscal 2017 HDFC will start paying dividends from 20 March
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Why We Lowered Our Price Estimate For Twitter Twitter reported weak Q4 and full year 2016 results last month, with adjusted earnings per share beating market expectations but reported revenue falling far short of analyst consensus estimates.
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Gold prices dip on reduced demand

livemint.com - 3 Mar 2017 15:10
Gold prices dip on reduced demand Standard gold prices dropped by Rs260 to finish at Rs29,145 per 10 grams
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How To Demolish Your Student Loans With Student Loan Forgiveness For many borrowers, student loan forgiveness is an elusive golden ticket. But with these strategies, it doesn't have to be.
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5 Market Danger Signals In The Trump Era

Forbes - 3 Mar 2017 14:59
5 Market Danger Signals In The Trump Era Here are four clear danger signals for the markets and what you can do to protect yourself. Refocus on your personal/family goals!
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ICICI Bank raises $300 million through global bond sale ICICI Bank issued the 5.5-year fixed rate notes in Dubai International Finance Centre at a coupon of 3.25%
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Most-traded bonds vanish from repo market as banks hoard them Banks in India are the biggest holders of sovereign bonds
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India needs a bad bank to clean up soured debt, say rating firms Ratings companies like Fitch Ratings, CARE Ratings, Alvarez and Marsal have come out in favour of setting up a state-backed 'bad bank' to tackle India's ballooning stressed assets problem
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Gold prices slide by Rs275 on weak global trend, falling domestic demand In Delhi, gold prices of 99.9% and 99.5% purity tumbled by Rs275 each to Rs29,725 and Rs29,575 per 10 grams, respectively
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