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Market News

Location American Market News for 29 March 2017

Tencent Hits a Speed Bump With Tesla

Wall Street Journal - 29 Mar 2017 13:23
The Chinese tech giant's $1.8 billion stake in the U.S. electric-vehicle company looks wasteful.
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China's New Cash Crunch Reminiscent Of Liquidity Stop In 2013 China's money markets have experienced tightened liquidity on higher money market rates, reminiscent of the central bank-engineered liquidity crunch of 2013.
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Market roundup | Funding surge for Indian Internet firms In other news, widespread shutdown of malls affects supply; oil up after data, dollar gains as Brexit materializes
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For The Trump Trade To Survive, Markets Need Some Results "It's too early to give him a failing grade," Jim Vogel, head of interest-rate strategy at FTN Financial. The health-care bill was "more like a mid-term."
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Evolution Of Money: From Kings With The 'Midas Touch' To E-Money Accounts Money and commerce have come a significant way since the days of Croesus, the last King of Lydia, and legendary King Midas. Here we plot the evolution right up to e-money accounts and developments in the space today with...
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Lululemon Shares Crash After 'Slow Start' To 2017 Weighs On Outlook The yoga retailer warned that revenue and profits this quarter would be significantly worse than what Wall Street had in mind.
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Investors Don't Have Too Much of a Good Thing

Wall Street Journal - 29 Mar 2017 23:42
There are plenty of warning signs in today's market, but earnings growth isn't one of them.
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Rising temperatures send AC makers' stocks to record highs Shares of AC manufacturers Blue Star, Whirlpool of India, and Voltas hit a record high on Wednesday
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Smartphones: The High Price of a Screen Grab

Wall Street Journal - 29 Mar 2017 23:19
Upsizing screens has worked for Samsung and Apple before, but the cost of staying competitive keeps going up.
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Sebi settles case against JP Morgan Mutual Fund for Rs91.8 lakh Sebi settled a case against JP Morgan Mutual Fund for a fee of Rs91.8 lakh and on the condition that the fund house will debar itself from issuing any new scheme for a year
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Brexit Begins As Article 50 Is Triggered By U.K. The UK has started the process on leaving the European Union. So much depends on sensible, not spiteful negotiations.
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RH's Hard-to-Believe Restoration

Wall Street Journal - 29 Mar 2017 21:51
Shares of the home-furnishings company formerly named Restoration Hardware surged after its earnings report, but evidence of a turnaround is still in short supply.
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While Amazon is gradually moving into the brick-and-mortar retail space with stores for groceries and books, reports now suggest that the e-commerce giant may be looking to set up stores for furniture and appliances as w...
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How Ford Is Going To Invest That $1.2 Billion Ford Motor Company (NYSE: F) recently announced an investment worth $1.2 billion in three of its facilities in the state of Michigan. This announcement follows the $700 million investment in Ford's Flat Rock Assembly pla...
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New and Improved Drug Prices May Lower Political Side Effects

Wall Street Journal - 29 Mar 2017 21:35
New high-price drugs look reasonably priced compared with peers.
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3 Stocks To Buy Right Now

Forbes - 29 Mar 2017 20:27
Mark Travis: I'm the lead manager of the Intrepid Capital Investor Fund (NASDAQ: ICMBX). I started in the industry as a 22-year-old. My father was an E.F. Hutton broker. Our firm Intrepid Capital is 22 years old and we s...
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Here's Much Better Tesla News Than Tencent

Forbes - 29 Mar 2017 19:43
Here's Much Better Tesla News Than Tencent Experts and media dismissive about Tencent deal as Tesla continues its strong exports to China.
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They may not be household names, but they are stealing market share from Wall Street's giants.
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U.K. Begins Process To Leave European Union By March 2019 London investment firms give their take on today's historic delivery of the U.K.'s formal notice to leave the E.U.
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Getting Ready For The 1Q 2017 Earnings Deluge Amid Slowing Growth Prospects As growth expectations continue to get reset, it's likely to be a bumpy earnings season that could lead volatility to return to the stock market.
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5 Industries That Blockchain Will Likely Disrupt by 2020 Today, around 80% of banks are developing their own blockchain technology. In September 2016, Barclays carried out the world's first trade transaction using blockchain. They cut a process that normally takes 7-10 days do...
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Gold prices slip for second day on stockists' selling Standard gold prices fell by Rs 100 to end at Rs 28,760 per 10 grams from Tuesday's level
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