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Market News

Location American Market News for 30 March 2017

Fed Sees Car Trouble Down South

Wall Street Journal - 31 Mar 2017 01:57
Delinquencies on auto loans are rising to worrying levels in some southern cities.
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Market roundup | Services sector attracts large chunk of FPI inflows In other news, rising gas prices may increase fertilizer subsidy bill, project completion at nine-quarter low in Q3
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Will economic growth estimates go wrong for fiscal year 2017? Unproductive gold imports accompanied by tepid oil imports have heralded a weaker GDP growth for the future
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Dell Is Whispering To Investors, Are They Listening? Michael Dell, market whisperer?
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Capital One is likely to complete the acquisition of outdoor retail giant Cabela's credit card portfolio without running into any regulatory issues this time around thanks to the involvement of Synovus Financial in the d...
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SBI raises $500 million in 3-year dollar debt

livemint.com - 30 Mar 2017 18:54
SBI raises $500 million in 3-year dollar debt With this, the SBI has raised $4 billion out of its $10 billion medium term notes plan, including $400 million in perpetual bonds last year
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Jaguar: An electric contender?

CNN - 30 Mar 2017 18:07
The skies are gray, the air is cold and conditions on track are slippery, but nothing can dampen Adam Carroll's enthusiasm as he hurtles around Nutts Corner Circuit.
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The 3 Best Assets To Add To Your Portfolio In This Quarter The stock market's 109 trading-day run without a 1% decline was finally broken last Tuesday.
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These four stocks, two of them biotechs and two technology, have strong technical momentum.
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LivePerson Faces Profit Challenges In Crowded Market LivePerson has seen its profitability decline as new competition has entered the scene. As the market commoditized, this firm's negative margins and limited service offering undermined its ability to compete.
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Two 10%+ Yields Trading At Big Discounts To Book Value There's been a mini-wave of insider buying in the BDC (business development company) sector. This is worthy of our attention for three reasons.
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Logistics firms shares jump up to 5% as Lok Sabha clears GST bills Shares of Arshiya surged 4.98%, Blue Dart Express jumped 4.24%, Allcargo Logistics by 3.28% on BSE a day after Lok Sabha cleared GST Bills
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Lululemon Shares Crash After 'Slow Start' To 2017 Weighs On Outlook The yoga retailer blamed poor sales on a lack of colorful options for Spring.
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Gold prices drop Rs300 on demand slump

livemint.com - 30 Mar 2017 16:38
Gold prices drop Rs300 on demand slump In Delhi, gold prices of 99.9% and 99.5% purity plunged by Rs300 each to Rs 29,250 and Rs 29,100 per 10 grams
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The Depressing Logic Supporting Standard Chartered's Shares

Wall Street Journal - 30 Mar 2017 16:26
Profitability remains under pressure, though, like HSBC, bank could pay dividends despite limited growth
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A Chinese company's shares jumped 4,500% on Nasdaq and none knows why Shares of Wins Finance Holdings, that gives guarantees for loans to companies in China, have soared 4,555% on Nasdaq in the past two years
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Is The 'Trump Rally' Really As Great As Everyone Says? There's been a lot of talk about the "Trump Rally," and just how historic it's been. MarketWatch called it "the best 50-day performance for a GOP commander-in-chief ever[.]" The media loves to overstate things, and it ma...
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Samsung Needs a New Structure Alongside Its New Phone

Wall Street Journal - 30 Mar 2017 14:11
Samsung Electronics is hoping to move on with the unveiling of its latest model, the Galaxy S8, but the world's leading smartphone maker could gain lasting benefits from an uncluttering.
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Kotak Mahindra Bank to raise Rs5,370 crore by diluting 3.37% equity base Kotak Mahindra Bank looks to raise Rs5,370 crore through various options including rights issue, private placement, follow-on public offering, institutions placement and depository receipts.
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People's Bank of China raises money rates twice this year People's Bank of China will increase open-market operation rates by 10 basis points in the second quarter itself
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Global gold prices fall on stronger dollar

livemint.com - 30 Mar 2017 10:03
Global gold prices fall on stronger dollar Spot gold was down 0.2% at $1,249.85 an ounce by 9.49am. US gold futures were 0.4% lower at $1,249.30
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Yes Bank share offering succeeds, second time around

livemint.com - 30 Mar 2017 09:20
Yes Bank share offering succeeds, second time around Yes Bank raises about $750 million through the sale of new shares at Rs1,500 each
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