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Market News

Location American Market News for 27 March 2017

Why the 'Trump Slump' Still Stings for Mom-and-Pop Investors

Wall Street Journal - 27 Mar 2017 03:28
In a market that has churned higher since the election without much getting in the way, investors shouldn't be fazed by the first sign of volatility. The problem is, they usually are.
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Time to Redo the Math on Tax Reform Prospects

Wall Street Journal - 27 Mar 2017 21:53
Any investors who think the failure of health-care reform was somehow a positive because it cleared the way for tax reform may be about to be rapidly disabused of that notion.
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Au Financiers gets Sebi's approval to launch IPO

livemint.com - 27 Mar 2017 08:25
Au Financiers gets Sebi's approval to launch IPO Au Financiers will launch the IPO, which will be pure offer for sale in the next quarter.
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2016-17 in review: New highs for markets, but valuations could play spoilsport Indian stock markets rose to new highs in 2016-17 despite Brexit, Donald Trump's US election win, demonetisation and US Fed rate hikes
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Olive Garden owner Darden Restaurants said on Monday it would buy Cheddar's Scratch Kitchen for $780 million in an all-cash transaction.
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Sharepro scam: Sebi plans new rules for share transfer agents, registrars A year after the Sharepro scam came to light, Sebi is overhauling rules for share transfer agents that include regular audits of their functions by firms that hire them
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Carnival Shareholders Are Having Fun Now, Too

Wall Street Journal - 28 Mar 2017 00:34
Carnival shares are at records, having fully recovered from last year's Zika-related concerns, and appear to have more upside if bookings hold up and international growth remains strong.
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3 Questions For Those With Firsthand Experience Owning A Tesla Gorden Lam, one of my best managers, has been pounding the table hard for Tesla. To flesh out Gorden's investment thesis, I have three questions that are best answered by those with firsthand experience owning a Tesla.
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Toyota's Struggles In The U.S. Car Market Are Concerning Toyota Motors has seen its U.S. sales decline by 9.1% so far this year compared to sales over the same period last year. While overall auto sales in the U.S. have declined, the industry-wide decline of 1.5% is much small...
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F1's sleeping giant 'back in business'

CNN - 27 Mar 2017 21:03
The champagne flowed, cheers rang out and "il Tricolore" flags were enthusiastically waved. But behind the scenes there was probably a huge collective sigh of relief.
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United Bank of India raises Rs127 crore via QIP issue A United Bank of India committee approves allotting over 5.49 crore shares to qualified institutional buyers at issue price of Rs23.22 per share
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This Fearless Girl May Change The Face Of Wall Street For 1 More Year Fearless Girl stands defiantly on Wall Street for another year. But will she stand permanently?
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US stocks hit six weeks low, dollar drops on Donald Trump's healthcare bill defeat Dow Jones Industrial Average falls 0.82%, S&P 500 down 0.86%, Nasdaq Composite drops 0.93%
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Mas Financial Services files draft papers for Rs550 crore IPO In the IPO, Mas Financial Services will sell new shares of Rs307 crore while existing investors will sell shares worth Rs242 crore
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U.K. Banks Need to Show They Can Withstand a Pound Crisis

Wall Street Journal - 27 Mar 2017 17:32
U.K. stress tests this year will measure how banks will weather a pound crisis and sharply higher interest rates. That should give a clear view of the risks in U.K. lenders' recent rush into unsecured consumer lending, w...
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Why And How To Play Investment Chess When Others Are Playing Checkers You can approach and execute your strategy like a checkers player or more like a chess player. That means considering not only the investment environment that exists in the moment, but also having the perspective to real...
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Gold prices rise on sustained buying

livemint.com - 27 Mar 2017 17:08
Gold prices rise on sustained buying Standard gold prices rose by Rs 160 to end at Rs 28,905 per 10 grams
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Top Internet Fund Manager Tony Mitchell Is Staying Away From Snap Shortly after Snap, Inc.'s (Nasdaq:SNAP) initial public offering, Robert Frazier recommended SNAP for 2017. But Tony Mitchell, another Marketocracy Manager, says SNAP is overvalued, will take too long to grow into its va...
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Earlier this week, The Royal Bank of Scotland Group announced that it will close as many as 158 branches across the U.K. - making it the latest bank to pare down on redundant branches as customers switch to mobile and in...
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Moore's Law's Over: Don't Buy Intel, Qualcomm Or Western Digital Moore's Law is now a historical artifact and that has left its former practitioners -- Intel, Qualcomm, and Western Digital -- in a growth quandary. Don't rush to buy their shares.
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Bonds surge as Indian rupee rally spurs bets of higher inflows Overseas holdings of local-currency bonds jumped by Rs13,570 crore last week, the most since October 2015
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Coal India increases dividend payout for second time in a month Coal India dividend payment will amount to Rs713 crore, according to Bloomberg calculations based on a stock exchange filing on Sunday
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